Banking

IKEA India FY20 Loss Widens To Rs 720 Cr; Net Sales Up 64.7% At Rs 566 Cr

Furniture retailer IKEA India saw its net loss widen to Rs 720.1 crore in the financial year ended March 2020 Read more

NDTV Promoters To Appeal Against Sebi Order Imposing Fine Of Rs 27 Crore

The regulator in its order said the loan agreements had clauses that have an adversarial effect on NDTV shareholders Read more

Reliance To Buy Out IMG Worldwide From Sports Management Joint Venture

Reliance Industries Ltd has agreed to buy out IMG Worldwide LLC from their sports management joint venture for Rs 52.08 ... Read more

USFDA Informs Biocon, Mylan Of Deferred Action On Biosimilar License Plea

Biocon said its arm, Biocon Biologics, and Mylan have been informed by the USFDA of a deferred action on the biologics l... Read more

SpaceX To Begin Flight Testing Super Heavy Booster In Few Months: Elon Musk

Elon Musk-run SpaceX will start flight testing its Super Heavy booster (starting with low-altitude "hops") in a few mont... Read more

Hero Electric Targets 10-15% Growth In 20-21, Scouts For PE Investors

The company is looking to increase its capacity by over 200% Read more

Top Headlines: Coronaviurs Vaccine, IDBI Bank Stake Sale, And More

Here are the top business headlines on Friday Read more

DoT Asks E-commerce Sites To Pull Down Listings Of Mobile Signal Boosters

The DoT has also carried out raids across multiple locations in South Mumbai over the last two days which led to the rem... Read more

Aurobindo Pharma Joins Hands With Covaxx For Coronavirus Vaccine

According to a release issued by the drug maker, Covaxx is currently conducting a Phase 1 clinical trial for the vaccine... Read more

India's Steel Companies Leading Metals Towards Best Rally In Decade

The S&P BSE Metal Index has surged by around a third so far in the three months through December, jumping the most s... Read more

London-based Vedanta Resources Raises Stake In India Unit To 55.1%

VRL bought 18.5 crore shares at a price of Rs 159.94 per share, the company said in a statement on its website Read more

In Midst Of Holiday Season, Dubai Flights Hit By Seat Allocation Dispute

The dispute required the intervention of external affairs ministry post which Dubai has agreed to allow Indian airlines ... Read more

Amazon Seller Services Revenue Up 42%; Losses Rise To Rs 5,849 Crore

The e-commerce company's total expenses for the fiscal were reported at Rs 16,877 crore Read more

NDTV To Appeal Against Sebi Order Imposing Fines On Firm, Promoters

The promoters' lawyers will appeal against the order and its baseless findings at the Securities Appellate Tribunal, NDT... Read more

Ind-Ra Upgrades Ratings For Lodha Developers Group Company Macrotech

Macrotech Developers' leverage and sales are expected to improve from FY22, helping its outlook Read more