Banking

OneWeb Secures Funding From SoftBank Group, Hughes Network Systems

With the investment, SoftBank will get a seat on OneWeb Board Read more

Inclusion In USTR Report On Notorious Mkts List Is Ill-informed: Snapdeal

Snapdeal, along with four Indian shopping complexes, two of them in New Delhi alone, have figured in the latest 2020 Rev... Read more

PFC's Rs 5K-cr Bond Issue Subscribed 94%; Likely To Close On Monday

State-run Power Finance Corporation's Rs 5,000 crore taxable non-convertible debentures issue was subscribed 94 per cent... Read more

Fullerton India CEO Nambiar Quits, Firm Reshuffles Senior Management

NBFC also announced senior leadership changes Read more

Banks Vote In Favour Of Piramal Offer For DHFL, See Holes In Oaktree Bid

With this Piramal succeeds in getting the requisite 66 per cent voting, says source Read more

Bridgestone India Launches New Axle Tyre For Commercial Vehicles

Tyre maker Bridgestone India on Friday launched a new tyre, V-Steel Mix M721, for commercial vehicles to establish a str... Read more

Retail Book Of SAIL OFS Subscribed 2.4 Times, Shares End 4.4% Higher

Following share sale, govt's stake in SAIL will decline by 10 percentage points from current 75% Read more

HCL Tech Q3 Net Profit Up 31%, Crosses $10-bn Revenue Milestone In 2020

Revenue is expected to grow 2-3 per cent in constant currency terms in Q4 while EBIT outlook for FY21 is now 21-21.5 per... Read more

Telecom Giant Bharti Airtel Divests Stake In Seynse Technologies

Telecom operator Bharti Airtel has divested its stake in Seynse Technologies, according to a regulatory filing Read more

Gas Distribution Giant GAIL Announces Rs 1,046.35 Cr Share Buyback

GAIL looks to return surplus cash to shareholders, the biggest being the government of India Read more

Exclusive Interview: Huawei India CEO On 5G Auctions, Pandemic Challenges

Nivedita Mookerji of Business Standard met the Huawei India CEO, David Li, in New Delhi to talk about the company's plan... Read more

Embassy REIT Raises Rs 2,600 Cr Via Debentures To Refinance Existing Debt

Embassy Office Parks REIT to refinance an existing debt of its IT park 'Embassy TechVillage' in Bengaluru Read more

New Rules For H-1B Visa Mild Negative For Indian IT Services: ICRA

The proposed changes in H-1B application selection process are prospective in nature but will have a minor adverse impac... Read more

Ind-Ra Downgrades Safety Controls & Devices To 'BB' With Negative Outlook

India Ratings and Research (Ind-Ra) has downgraded Safety Controls & Devices Pvt Ltd's (SCDPL's) long-term issuer ... Read more

Strides Pharma Science Arm Gets USFDA Nod For HIV Treatment Medicine

Strides Pharma Science said its step-down wholly-owned subsidiary, has received approval from the USFDA for Emtricitabi... Read more