Economy of India
Govt To Sell 16.12% Stake In Tata Comm Through OFS, Rest To Tata Sons Arm
Banking - Published date: .
The government will sell its entire stake in Tata Communications through an offer for sale and the rest to Tata Son's in... Read more
Tesla In Talks With Tata Power To Set Up EV Charging Infra In India: Report
Banking - Published date: .
The talks between Tata Power and Tesla are in the initial stages and no arrangements have been finalised yet, the report... Read more
Govt Proposes To Hike In LIC's Authorised Capital To Rs 25,000 Cr
Banking - Published date: .
The government has proposed to significantly increase the authorised capital of Life Insurance Corporation of India (LIC... Read more
Cipla Liquidates Wholly-owned Unit As Part Of Internal Reorganisation
Banking - Published date: .
Drug major Cipla on Saturday said it has voluntarily liquidated a wholly-owned step-down subsidiary. Read more
Magma Fincorp To Seek Shareholders Nod For Rs 3,206 Cr Deal With Poonawalla
Banking - Published date: .
Magma Fincorp said it is holding an EGM next month to seek shareholders' approval to the preferential allotment of share... Read more
PC Jeweller Reports Rise In Consolidated Q3 PAT At Rs 129.64 Crore
Banking - Published date: .
Jewellery manufacturer and retailer PC Jeweller on Friday reported a surge in consolidated profit after tax at Rs 129.64... Read more
Strong Performance By Jio, Bharti To Buoy Telecom Growth For FY21: Fitch
Banking - Published date: .
The Indian telecom industry's mobile segment is expected to log EBITDA growth of at least 40 per cent in the current fis... Read more
Emaar India Chief Executive Officer Ajay Munot Steps Down
Banking - Published date: .
Munot has resigned from the company to pursue his personal interest Read more
RInfra Completes Stake Sale In PKTCL To India Grid For Rs 900 Crore
Banking - Published date: .
The proceeds will be utilised for debt reduction, and the company''s dues will come down by 6 per cent to Rs 13,100 cror... Read more
Piramal Group Claims Its Bid For DHFL Highest And Compliant With Norms
Banking - Published date: .
Piramal Enterprises on Friday claimed that its bid for resolution of debt-ridden mortgage lender DHFL is highest and ful... Read more
DLF Rental Arm To Buy Hines Stake In Commercial Project In Gurgaon
Banking - Published date: .
Realty major DLF's rental arm DCCDL has entered into an agreement to acquire the stake of US-based Hines in a premium co... Read more
Infosys Divests Partial Stake In US-based Whoop For About $10 Million
Banking - Published date: .
IT services major Infosys on Friday said it has divested one-third of its holding in US-based Whoop for about USD 10 mil... Read more
BPCL Board Approves Buying Out Oman Oil's Stake In Bina Refinery
Banking - Published date: .
The board also approved a proposal to approach the Madhya Pradesh government for acquiring 2.69 crore warrants held by i... Read more
IndiGrid Inks Pact To Acquire 74% Stake In Parbati Koldam From Reliance Infra
Banking - Published date: .
India Grid Trust on Saturday said that it has inked an agreement to acquire 74 per cent stake in Parbati Koldam Transmis... Read more
Dr Reddy's To Acquire Select Brands From Glenmark In Russia, Ukraine
Banking - Published date: .
Dr Reddy's Laboratories on Saturday said it had inked a pact with Glenmark Pharmaceuticals to acquire its select anti-al... Read more
Singapore Airline's India Venture Vistara Eyes Direct Flights To U.S.
Banking - Published date: .
Flag carrier Air India is the only Indian airline currently offering direct flights to the US Read more
Future Retail Moves HC Seeking Relief Against SIAC Stay Order On RIL Deal
Banking - Published date: .
The Future group firm has contended that Amazon is "misusing" the interim order passed by an emergency arbitrator of the... Read more
SC Stays HC Order Asking SpiceJet To Pay Rs 243 Cr To Kalanithi Maran, Firm
Banking - Published date: .
The SC has stayed Delhi HC order asking SpiceJet to deposit around Rs 243 crore as interest in connection with a share t... Read more
Vedanta's Cairn Oil & Gas Gets 3-month Extension For Rajasthan Oil Block
Banking - Published date: .
Vedanta's oil and gas arm Cairn has got a further three-month extension of license for its prolific Rajasthan oil block ... Read more
In Letter To Sebi, Amazon Claims Future Retail Is Misleading Public: Report
Banking - Published date: .
Amazon said Future's news release and stock exchange disclosures violated Indian regulations, urging the regulator to in... Read more