Companies


Zensar Technologies Signs Agreement To Acquire US-based M3bi

Banking - Published date: .

This acquisition will be completely funded by internal accruals. Financial details of the deal were not disclosed Read more

Cairn Energy Sues Air India To Enforce $1.2 Bn Arbitration Award: Report

Banking - Published date: .

The move ratchets up pressure on India's government to pay the sum of $1.2 billion plus interest and costs that the Brit... Read more

Fraud Probe Rocks Embattled Gupta Empire Just As It Seemed To Win Lifeline

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

The London-based lender supplied billions of dollars in loans to GFG, many of which were packaged and sold as funds Read more

Bata India Appoints Ex-Britannia Exec Gunjan Shah As Country CEO

Banking - Published date: .

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

Banking - Published date: .

A brainchild of IIM Ahmedabad alumni, Nemo is creating a unique business that aims to empower Indian MSMEs with the fina... Read more

FabiFlu Numero Uno In Indian Pharma Market, Show April Sales Data

Banking - Published date: .

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

Banking - Published date: .

India's largest motorbike maker, Hero MotoCorp Ltd, extended a shutdown at its manufacturing facilities across India til... Read more

M-cap Of Eight Of Top-10 Most-valued Companies Rises By Rs 81,250.83 Cr

Banking - Published date: .

Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday Read more

Driverless Taxis To Cancer Drugs: Google's Moonshots Are Serious Business

Banking - Published date: .

Alphabet could be underinvesting in the sustainability of its prosperous main business while overinvesting in adventurou... Read more

Disbursed Rs 14,572 Crore To Investors Of Six Shuttered Schemes, Says FT

Banking - Published date: .

In two of the schemes, the disbursement was over 75% of AUM in April 2020, when fund houses wound up the schemes Read more

Govt Gives Bidders Data Access For $7-billion Bharat Petroleum Sale

Banking - Published date: .

The government's 53% stake in the refiner is valued at about Rs 50,900 crore based on Friday's closing price Read more

Second Month In Row, Walmart's PhonePe Logs Over 1 Billion Transactions

Banking - Published date: .

Maintains top position in UPI apps, followed by Google Pay Read more

India's Pharma Market Rebounds In April, Clocks 51.5% Sales Growth

Banking - Published date: .

Low base of April 2020, pick-up in demand for Covid-19 drugs major contributors to growth Read more

Coal India's Fuel Allocation Through Spot E-auction Rises 43% In FY21

Banking - Published date: .

State-owned CIL allocated 42.51 million tonne of coal in 2020-21 under spot e-auction scheme, registering a year-on-year... Read more

Carlyle Sells 4.2% In SBI Life At Rs 960 Per Share In Pre-market Deal

Banking - Published date: .

CA Emerald Investments, an affiliate of Carlyle Asia Partners, sold a total of 4.23 million shares for Rs 4,061 crore Read more

Kansai Nerolac Paints' Q4 Net Profit Rises 89 Pc To Rs 123.62 Crore

Banking - Published date: .

Kansai Nerolac Paints Ltd on Friday reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 c... Read more

Dabur's Consolidated Net Profit Rises 34% To Rs 377 Crore In March Quarter

Banking - Published date: .

Homegrown FMCG major Dabur India Ltd on Friday reported an increase of 33.98 per cent in consolidated net profit at Rs 3... Read more

Flipkart To Pay 100% Premium Towards Covid-19 Insurance For All Its Sellers

Banking - Published date: .

The offer holds for policies between Rs 50,000 and Rs 3 lakh; exempted storage fees for MSME partners Read more