Banking

CCI Dismisses Unfair Business Practices Complaint Against Hindalco, Vedanta

The Competition Commission of India (CCI) closed the matter as the informant was not able to substantiate the allegation... Read more

India's Richest Club Sees Nine New Entrants; Ambani Dominance Continues

Half of the nation's 100 richest saw gains rising a collective 14% to $517.5 billion, says Forbes Read more

Adani Enterprises Raises Rs 125 Cr Through NCDs On Private Placement Basis

The company said it has allotted 1,250 NCDs. Read more

TCS Launches 10 Cyber Threat Management Centres To Keep Enterprises Secure

To stay close to customers and keep enterprises secure and cyber-resilient while meeting data and cyber-sovereignty regu... Read more

Jio Designed To Help India Lead Fourth Industrial Revolution: Mukesh Ambani

While it took 25 years for the Indian telecom industry to build its 2G network, Jio built its 4G network in only three y... Read more

SITA Plans To Augment Manpower As It Sees More Opportunities In India

Currently, the centre employs around 400-500 workforce, excluding the ones working with its various offshore partners he... Read more

Clix Group Submits Offer For Up To 90% Stake In Lakshmi Vilas Bank

Clix, backed by AION Capital, had submitted its letter of intent to LVB on June 15 Read more

GIC, TPG To Invest About $1 Billion In Retail Arm, Says Reliance Industries

GIC will invest Rs 5,512 crore for a 1.22% stake, while TPG Capital will invest Rs 1,838 crore to own a 0.41% equity sta... Read more

Investment Fund TPG To Invest Rs 1,837 Crore In Reliance Retail Ventures

This investment values Reliance Retail at a pre-money equity value of Rs 4.285 trillion Read more

Singapore's GIC To Invest Rs 5,512.5 Crore In Reliance Retail Ventures

GIC's investment will translate into a 1.22% equity stake in Reliance Retail on a fully diluted basis. Read more

French Food Major Danone Set To Grow Business In India Amid Slowdown

Danone had acquired a bunch of brands, including Protinex, Dexolac, and Farex, from Wockhardt in 2012 for Rs 2,600 crore... Read more

Supplied 9,000 Tonnes Of Steel For All-weather Atal Tunnel, Says SAIL

SAIL on Friday said it has supplied over 9,000 tonnes of steel for the all-weather Atal Tunnel which reduces the distanc... Read more

Sharp India's Non-executive Director Seiji Hayakawa Resigns From Board

The company also announced the appointments of Masahiko Nakagawasa, Abhijeet Bhagwat and Yoshihiro Hashimoto as addition... Read more

Mobile Phones To Get Costlier As Govt Imposes 10% Display Duty: ICEA

The objective of the PMP was to facilitate manufacturing of components indigenously and discourage imports thereafter. Read more

Indian-origin Brothers Pull Off Coup, Buy UK Supermarket Chain Asda

Pull off an acquisition bigger than the Tatas' Corus and JLR deals, will hold controlling stake while Amazon will own a ... Read more