Banking

Citigroup's Next CEO Has A Herculean Task: Turning The Bank Around For Real

When Jane Fraser takes the helm of Citigroup Inc in February, she will have some big tasks ahead of her Read more

With Happiest Minds, 77-year-old Ashok Soota Hits IPO Jackpot A Second Time

Happiest Minds, which gets almost all of its revenue from digital services, is one of two IPOs this week to woo Indian i... Read more

Sebi Shortlists Bharti Airtel, Wipro, Others To Revamp IT Infra Network

Markets regulator Sebihas shortlisted eight companies including Bharti Airtel, Wipro and Tata Communications to revamp i... Read more

Adani Ports & SEZ Raises Rs 900 Cr Through NCDs On Private Placement Basis

Adani Ports and Special Economic Zone (APSEZ) on Friday said it has raised Rs 900 crore through allotment of non-convert... Read more

JSW Steel May Bid For Gontermann Peipers As Firm Gets Admitted To NCLT

The cast and forged rolls maker was admitted to NCLT last December after an operational creditor filed an application un... Read more

India Inc's EBITDA To Shrink 24% In FY21 Due To Covid Disruptions: Moody's

Moody's said recovery will gather pace in the third quarter of fiscal 2021 (Q3Fy21) as the lifting of lockdown releases ... Read more

Mukesh Ambani's $2 Chutzpah Unlocks Another Fortune For Reliance Industries

In four years, the Indian billionaire has amassed roughly 400 million customers for his mobile data business Read more

Hexaware Promoter Raises $600 Mn; To Partially Use For Delisting Shares

A voluntary delisting of Hexaware Technologies from the BSE and the NSE is being undertaken Read more

Hindustan Copper Board Defers Decisions Of Proposals Due To Less Time

"Due to paucity of time, the.... proposals could not be discussed and deferred by the board," it said in a regulatory fi... Read more

Motherson Sumi Upsizes Its NCD Issue To Rs 2,130 Cr Using Greenshoe Option

Overall, 24 investors (including 23 qualified institutional buyers) have invested in the non-convertible debentures (NCD... Read more

NCLAT Upholds NCLT Order To Initiate Insolvency Against Meenakshi Energy

A three-member bench has dismissed the plea filed by its director and its shareholder India Power Corporation Ltd observ... Read more

Infosys Plans To Hire Additional 500 Tech Employees In Rhode Island By 2023

In 2017, Infosys had committed to hiring 10,000 American workers over two years, and has created 13,000 jobs in the US t... Read more

ASCI Will Continue To Work With Newly Formed Govt Regulator: Subhash Kamath

The CCPA has been set under the newly notified Consumer Protection Act, 2019, which gives the body powers to take action... Read more

Dueling Over Diamonds: LVMH Says Tiffany Not Worth Buyout As Spat Gets Ugly

It's an ugly spat for such a glamorous industry: French luxury powerhouse LVMH and US jeweler Tiffany & Co. are blam... Read more

Suzuki Motor Ups Stake In Maruti To 56.37%, Buys 284,322 Equity Shares

Prior to the transaction, Suzuki held a 56.28 per cent stake in Maruti Suzuki Read more