Fraud Probe Rocks Embattled Gupta Empire Just As It Seemed To Win Lifeline
For two months, Sanjeev Gupta has been scrambling to refinance after the collapse of his group's main lender, Greensill ... Read more
JP Morgan Earmarks $3.8 Mn In Aid For India Employees Amid Covid-19
Global investment banking major JP Morgan Chase has increased its COVID-19 support to the country manifold, taking the t... Read more
UK's Anti-fraud Agency Investigating Sanjeev Gupta-led GFG Alliance
The London-based lender supplied billions of dollars in loans to GFG, many of which were packaged and sold as funds Read more
CG Power Seeks Shareholders Nod For Preferential Allotment Of Shares To SCB
CG Power and Industrial Solutions on Friday said it will seek shareholder approval to allot 1.38 crore shares for Rs 101... Read more
Passing On Your Password? Online Streaming Services Are Past It
Many of us were taught to share as kids. Now streaming services ranging from Netflix to Amazon to Disney+ want us to sto... Read more
Mindspace REIT To Distribute Rs 285 Crore As Dividend To Unitholders
Mindspace Business Parks REIT on Friday declared a distribution of Rs 285.2 crore to its unitholders for the quarter end... Read more
Bata India Appoints Ex-Britannia Exec Gunjan Shah As Country CEO
Shah takes over next month; Sandeep Kataria, Bata India's current CEO, has been elevated to the position of global CEO Read more
Mumbai Angels Back Cloud-based Neobank Nemo With Undisclosed Funding Amount
A brainchild of IIM Ahmedabad alumni, Nemo is creating a unique business that aims to empower Indian MSMEs with the fina... Read more
Yes Bank To Sell Property Of Magnum Solution For Recovery Of Rs 345 Cr
Yes Bank has invited bids for sale of immovable assets of a borrower, E Commerce Magnum Solution Ltd, to recover dues of... Read more
Aditya Birla Capital PAT Up 2.6x To Rs 375 Crore In March Quarter
Aditya Birla Capital Ltd reported its highest ever quarterly profit after tax at Rs 375 crore in Q4 FY21, marking a 2.6 ... Read more
Mahindra 'walks The Talk' With Free Covid Jabs For Dealers' Employees
Others including Tata Motors and Ford India are also doing their bit to support channel partners Read more
FabiFlu Numero Uno In Indian Pharma Market, Show April Sales Data
With sales of Rs 352 crore in April, this brand alone accounted for over 2 per cent of the total domestic pharma market ... Read more
Covid-19: Hero MotoCorp Extends Shutdown Of Plants Across India Till May 16
India's largest motorbike maker, Hero MotoCorp Ltd, extended a shutdown at its manufacturing facilities across India til... Read more
Godrej Properties Expects FY22 Sales Bookings To Beat Last Year's Record
Godrej Properties expects its sales booking this fiscal to surpass the last year's record Rs 6,725 crore despite the out... Read more
NCLT Initiates Insolvency Proceedings Against Ahluwalia Contracts
The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against construction firm Ahluwalia Contra... Read more