Companies
Samsung Flags Near-60% Operating Profit Jump After Huawei Boost
Breaking - Published date: .
The South Korean tech giant said in an earnings estimate that it expected operating profit to reach 12.3 trillion won ($... Read more
Lawmakers Slam Big Tech 'monopolies' In New Report
Breaking - Published date: .
The report comes after an investigation of more than 15 months and hearings this year with the top executives of the fou... Read more
GIC, TPG To Invest About $1 Billion In Retail Arm, Says Reliance Industries
Banking - Published date: .
GIC will invest Rs 5,512 crore for a 1.22% stake, while TPG Capital will invest Rs 1,838 crore to own a 0.41% equity sta... Read more
Investment Fund TPG To Invest Rs 1,837 Crore In Reliance Retail Ventures
Banking - Published date: .
This investment values Reliance Retail at a pre-money equity value of Rs 4.285 trillion Read more
Singapore's GIC To Invest Rs 5,512.5 Crore In Reliance Retail Ventures
Banking - Published date: .
GIC's investment will translate into a 1.22% equity stake in Reliance Retail on a fully diluted basis. Read more
French Food Major Danone Set To Grow Business In India Amid Slowdown
Banking - Published date: .
Danone had acquired a bunch of brands, including Protinex, Dexolac, and Farex, from Wockhardt in 2012 for Rs 2,600 crore... Read more
Mobile Phones To Get Costlier As Govt Imposes 10% Display Duty: ICEA
Banking - Published date: .
The objective of the PMP was to facilitate manufacturing of components indigenously and discourage imports thereafter. Read more
Indian-origin Brothers Pull Off Coup, Buy UK Supermarket Chain Asda
Banking - Published date: .
Pull off an acquisition bigger than the Tatas' Corus and JLR deals, will hold controlling stake while Amazon will own a ... Read more
Successful Resolution Applicants Cannot Be Allowed To Withdraw Offer: NCLAT
Banking - Published date: .
A three-member NCLAT bench said the sanctity of resolution process has to be maintained and such withdrawal by a success... Read more
Low-profile Indian Origin Brothers Buy British Supermarket Chain Asda
Banking - Published date: .
'We've been on the pumps, we've been stocking the shelves', say Mohsin and Zuber Issa. Read more
Google Says 97% App Developers Already Using Play Store Billing System
Banking - Published date: .
Google said Play's billing system will not be required for apps that sell physical goods Read more
Long Weekend Brings Cheer To Hotels, Travel Firms As Demand Picks Up
Banking - Published date: .
Travel and airline executives say leisure demand is now slowly returning with an increase in bookings to popular getaway... Read more
Equity Fund Raising Rises 88% To $32.7 Bn In First 9 Months Of 2020
Banking - Published date: .
This is already a record year for amount mobilised through the equity capital markets (ECM), topping $31.2 billion raise... Read more
Will Recover Money From LVB, Officials Won't Be Pardoned: Religare Chief
Banking - Published date: .
Religare Enterprises has said its NBFC arm Religare Finvest will be able to fully recover its fixed deposits, with an in... Read more
Indian IT Firms To Gain As US Court Blocks Trump Ban On H1B, Work Visas
Banking - Published date: .
Order says US President "exceeded his constitutional authority" in his move to ban issuance of non-immigrant visas aimed... Read more
Warburg Pincus Invests Rs 700 Cr To Acquire Stake In Home First Finance
Banking - Published date: .
Home First Finance, True North-backed affordable housing finance firm, said it has entered into an agreement with Warbur... Read more
Mahindra Commences Bookings For The New Thar Priced Between Rs 9.8-13 Lakh
Banking - Published date: .
The new generation Thar is available in 2-litre petrol and 2.2-litre diesel variants and deliveries will start from Nove... Read more
Investor Body Slams Amfi For Not Protecting Franklin Templeton Unit Holders
Banking - Published date: .
CFMA alleged that Amfi was undermining a lawfully registered FIR against FTMF when it was not privy to the forensic audi... Read more
Margins Under Pressure, Steel Industry Seeks Ban On Exports Of Raw Material
Banking - Published date: .
The domestic secondary steel industry contributes nearly 55 per cent to the total production of the alloy in the country Read more
TVS Supply Chain Set To Launch Rs 1,100-crore Warehousing Venture
Banking - Published date: .
The UK government's investment arm CDC is pumping in $50 million (Rs 369 crore), said sources Read more
