Companies


RIL Net Debt Free Before Schedule; To List Retail, Telecom Biz Within 5 Yrs

Banking - Published date: .

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms. Read more

HDFC Capital Invests Rs 275 Cr In Mid-income Housing Project Of Kalpataru

Banking - Published date: .

First investment by fund manager in real estate after lockdown Read more

Whirlpool Of India Pre-tax Profit Falls 26% In Q4; Revenue Dips Marginally

Banking - Published date: .

The Gurugram-headquartered firm's PBT fell from Rs 161.4 crore to Rs 119 crore in the last quarter. Read more

AGR Case: SC Orders Telcos To File Balance Sheets Of Past 10 Years

Banking - Published date: .

In its affidavit, Bharti Airtel on Thursday told the court it had paid a substantial part of its AGR dues, seeking 20 ye... Read more

UV Asset Reconstruction Permitted To Sell Aircel's Spectrum Rights

Banking - Published date: .

The order is on the resolution plan for Aircel and its subsidiaries Dishnet Wireless and Aircel Cellular. Read more

Mukesh Ambani Nears Deal To Buy Stake In Some Units Of Future Group

Banking - Published date: .

An agreement between Ambani's Reliance and Future, which already has a partnership with Amazon.com Inc., could be announ... Read more

Future Group In Advance Talks With RIL To Sell Stake In Retail Biz: Report

Banking - Published date: .

Future Retail operates 1,500 retail stores that cover over 16 million square feet of retail space in 400 cities Read more

Galwan Valley Clash: Indian IT Services Companies In Wait-and-watch Mode

Banking - Published date: .

Indian IT industry is one of the biggest Indian employers in China, with around 22,000 employees in the country, includi... Read more

Amazon India Expands Flex Delivery Programme To Over 35 Indian Cities

Banking - Published date: .

The global delivery programme creates part-time work opportunities where individuals can earn by delivering packages to ... Read more

Gujarat State Fertilizer's Q4 Profit After Tax Declines 37% To Rs 62 Cr

Banking - Published date: .

The company's PAT for the corresponding period of the previous fiscal stood at Rs 97.91 crore, it said in a BSE filing. Read more

Moody's Cuts Rating On Tata Motors, Changes Outlook To Negative

Banking - Published date: .

Rating action comes days after the Tata group flagship reported a quarterly pre-tax loss of Rs 9,313 cr compared to a pr... Read more

ONGC Seeks Crude Price Assurance Of $45 Per Barrel, Cuts Capex By 15%

Banking - Published date: .

The largest domestic oil and gas producer had budgeted a capex of Rs 32,502 crore for the financial year, which has now ... Read more

Manoj Modi, The Rainmaker Behind Mukesh Ambani's $13-billion Deal Spree

Banking - Published date: .

Reserved and mostly invisible to the public, Modi is viewed by many insiders and others in India's business world as the... Read more

SBI Knocks On NCLT's Doors To Recover Rs 1,200 Cr From Anil Ambani

Banking - Published date: .

The tribunal, presided over by BSV Prakash Kumar, on Thursday gave Ambani a week to file reply to the application. Read more

Gilead Finds Fourth Partner For Manufacture Of Remdesivir In Zydus Cadila

Banking - Published date: .

Indian drug maker to get know-how from Gilead Sciences Inc, to manufacture the API for Remdesivir, make the finished pro... Read more

Mahindra Reports First Quarterly Loss In 19 Years Amid Covid-19 Crisis

Banking - Published date: .

Net loss stood at Rs 1,761 cr in Q4 Read more

Mahindra To Give Up Control Of Struggling South Korean Unit Amid Covid-19

Banking - Published date: .

Mahindra earlier reported a consolidated net loss of Rs 19.55 billion ($258 million), compared with a net profit a year ... Read more

Despite Covid-19 Induced Slowdown, Infosys To Do Campus Hirings This Fiscal

Banking - Published date: .

The IT firm will soon initiate discussions with colleges to start the process from September Read more

Mistry Questions Tata's Performance, Says Group's Loss At Rs 13K-cr In 2019

Banking - Published date: .

According to Mistry, the loss numbers were arrived at by excluding the huge dividend that the group cash-cow TCS was pay... Read more

Chinese Banks Face Increased Litigation To Recover Anil Ambani Dues

Banking - Published date: .

SBI moves NCLT to invoke Anil Ambani's guarantee almost two years after RCom was first sent to the Tribunal for recovery... Read more