Banking

Reliance Gets Shareholders Nod For Hiving Off O2C Into Separate Unit

The firm said it has secured approval of its shareholders and creditors for hiving off its oil-to-chemical (O2C) busines... Read more

SAIL Clocks Best Quarterly Sales At 4.27 MT During Jan-Mar Quarter

Steel Authority of India Ltd (SAIL) clocked its best ever quarterly sales at 4.27 million tonnes (MT) during the March q... Read more

Moody's Assigns Ba3 To Renew Power's New RG5 Senior Secured Notes

Moody's Investors Service has assigned Ba3 rating to the proposed 7.25-year USD senior secured notes of up to 620 millio... Read more

Airtel Commissions Captive Solar Power Plant For Data Centres In UP

In line with its aim to expand green energy footprint, telecom operator Bharti Airtel has commissioned a captive solar p... Read more

Bajaj Auto Reports Sale Of 3,69,448 Units In March Amid Covid-19 Disruption

Bajaj Auto on Friday said its total sales stood at 3,69,448 units in March. Read more

No Plans To Exit India Business: Franklin Templeton's Sajay Sapre

Franklin Templeton Mutual Fund on Friday said its commitment to India remains 'steadfast' and the fund house has no plan... Read more

Reliance Retail Extends Deadline To Complete Rs 24,713 Cr Deal With Future

Reliance Retail, the retail arm of Reliance Industries, has extended the timeline for six months to complete its Rs 24,7... Read more

Low Base, Recovery In Demand Drive March Auto Sales Into Fast Lane

Maruti Suzuki, India's largest carmaker, reported a near 100 per cent jump in sales in March at 167,014 units against ju... Read more

Global Chocolate Makers Have Sweet-loving Indians In Their Sights

Chocolate -as well as ice cream, cakes and milk shakes - is starting to displace traditional treats among the middle cla... Read more

Future Retail To Offer Quick Online Deliveries In Bet On E-commerce

Popular online grocery service BigBasket, in which India's Tata Group is seeking to acquire a majority stake, and Amazon... Read more

Ford And Mahindra To End Collaboration On All Projects In India

Michigan-based Ford entered India 25 years ago, but it has only a 2% share of a market dominated by Suzuki Motor Corp an... Read more

Debt-laden IL&FS Sells 49% Stake In China Road Asset For Rs 1K Crore

IL&FS has duly received Rs 1,035 crore (or $141.3 million) in Singapore as part of this stake sale transaction Read more

Tata Motors Completes Transfer Of Defence Biz To TASL For Rs 227.7 Cr

Tata Motors on Thursday said it has completed the transfer of its defence business with effect from April 1 to Tata Adva... Read more

3i Infotech Appoints Thompson Gnanam As New Managing Director, Global CEO

3i Infotech Ltd on Thursday said Thompson Gnanam has been appointed as the company's managing director and global CEO, w... Read more

NCLAT Removes Stay On Reserve Bank Of India Action Against Srei Group

NCLT had passed an order preventing regulatory authorities from taking any coercive steps against the company Read more