Banking

Flipkart Co-founder Sachin Bansal Takes On ED Over FEMA Violation Notice

ED had issued a show cause notice to Flipkart, its founders, some investors asking them to explain why they should not f... Read more

Dr Reddy's Inks Pact With Citius Pharma To Sell Rights To Anti-cancer Agent

The drug firm said it has entered into a definitive agreement with Citius to sell all of its rights to E7777 and certain... Read more

IndiGo's General Counsel Priya Mehra Quits, Replacement Yet To Be Announced

Mehra's resignation comes close on the heels of resignation of Ankur Goel, head of company's investor relations who is j... Read more

Franklin Templeton Mutual Fund Gets Rs 149-cr From Vodafone Idea

Franklin Templeton Mutual Fund has said it received a payment of nearly Rs 149 crore from Vodafone Idea Ltd as interest ... Read more

Biggest Sovereign Wealth Fund Excludes ONGC From Portfolio

The exclusion was announced by Norges Bank after a recommendation from the Council on Ethics, an independent body that i... Read more

ONGC Videsh Plans To Raise $700 Million From Overseas Investors

The company plans to retire old loans Read more

RIL Arm Buys Majority Stake In Strand Life Sciences For Rs 393 Crore

RIL is expected to further invest up to Rs 160 crore in the genomic testing firm by March, 2023 Read more

NTPC Seeks Shareholders' Nod To Raise Rs 18,000 Crore Via Bonds

State-owned NTPC will seek shareholders' approval to raise Rs 18,000 crore through the issuance of bonds or debentures i... Read more

JSPL Shareholders Approve 96.42% Stake Sale In Jindal Power For Rs 7,401 Cr

JSPL said over 97 per cent shareholders have approved the proposal to sell 96.42 per cent stake the company holds in its... Read more

Vivek Chaand Sehgal Resigns As Director From Sun Pharmaceutical Board

Drug firm Sun Pharmaceutical Industries on Friday said Vivek Chaand Sehgal has resigned as an independent director of th... Read more

Madhya Pradesh Govt Signs MoU With NTPC For Setting Up ITI In Khargone

The Madhya Pradesh government on Friday signed a memorandum of understanding (MoU) with NTPC Limited for setting up an i... Read more

SC Seeks Sebi's Reply On NDTV Promoters' Plea Against Levy Of Penalty

The Supreme Court on Friday asked the Sebi to file its reply on NDTV promoters' Prannoy Roy and Radhika Roy's plea seeki... Read more

NCLAT Issues Notice Over PNB's Plea Against Jet Airways Resolution Plan

The bank is aggrieved by the reduction in its claim amount by around Rs 202 crore by the Resolution Professional Read more

McLeod Russel Steps Out Of Insolvency After Settlement With Creditor

Sources say offer has been made to P P Gupta of Techno Electric for a minority stake in the firm, who could chip in to h... Read more

Indian Insurance Sector: Shakeout Or Promoter Exits To Happen?

Mixed views were expressed by insurance industry officials Read more