Banking

Bank Of India Says It Can Absorb Mark-down Of Recapitalisation Bonds

Lender makes statement as central bank expresses concern at the recapitalisation of state-owned lenders through zero-cou... Read more

BNP Paribas Arbitrage Buys L&T Finance Holdings Shares Worth Rs 413 Cr

BNP Paribas Arbitrage on Monday bought shares of L&T Finance Holdings worth nearly Rs 413 crore through an open mark... Read more

SBI Life Insurance To Reclassify BNP Paribas Cardif As Non-promoter

SBI Life Insurance Company (SBI Life) on Monday said its promoter BNP Paribas Cardif, holding 0.2 per cent share capital... Read more

Tata-Mistry Case: SC To Hear Review Plea Filed By Cyrus Investments

Mistry had succeeded Ratan Tata as the chairman of TSPL in 2012 but was ousted four years later Read more

Tata Consultancy Services Launches Digital Innovation Centre In Sydney

The TCS Sydney Digital Garage provides access to the company's global ecosystem of academia, start-ups, and technology p... Read more

Binnopharm To Acquire 2 Anti-bacterial Brands From Dr Reddy's

During the transition period, Dr Reddy's will continue to supply the product to Binnopharm Group to ensure availability ... Read more

Bharti Airtel, Reliance Jio Make Big Moves In Undersea Cable System

"Through SEA-ME-WE-6, Airtel will add a significant amount of 100 TBps capacity to its global network," the statement sa... Read more

Adani, Ballard Power To Explore Investment In Hydrogen Fuel Cell

Adani Group and Ballard Power Systems have joined hands to evaluate a joint investment in hydrogen fuel cells manufactur... Read more

Enforcement Directorate Raids Indiabulls Finance Offices In Mumbai, Delhi

In a statement to the exchanges, Indiabulls Housing Finance said ED had sought certain clarifications regarding the FIR Read more

Tata-Mistry Case: Supreme Court To Hear Review Plea In Open Court

The order to hear the review petition was passed by a three-judge Bench of Chief Justice of India NV Ramana, Justice AS ... Read more

HFCL Joins O-RAN Alliance To Speed Up Open Innovation In 5G

HFCL Limited on Monday announced it has joined the O-RAN Alliance, a global community of mobile network operators, vendo... Read more

Novelis To Build $50 Million Recycling, Casting Centre In South Korea

Novelis Inc, a subsidiary of Hindalco Industries, will build a USD 50 million (around Rs 373 crore) recycling and castin... Read more

Profits Of Insurers, Manufacturing Firms Cannot Be Compared, Says LIC Chief

LIC Chairman M R Kumar on Monday said profits of insurance companies cannot be compared with that of manufacturing compa... Read more

High Court Quashes Rs 684 Cr Tax Demand Notice Against Co, Says CG Power

CG Power and Industrial Solutions on Monday said that the Bombay High Court has quashed an assessment order of Rs 684.08... Read more

Sintex Lenders To Seek Extra Time From NCLT To Complete Resolution Process

Lenders of Sintex Industries will approach the National Company Law Tribunal (NCLT) to seek an extension of time for the... Read more