Banking

Vodafone Wins Long Battle Against India Over Rs 20,000 Cr Retro Tax Demand

India told to bear 60% of Voda's legal costs amounting to over £4 million; FinMin tells govt to consult counsel and con... Read more

MRPL Plans 2G Ethanol Plant In Karnataka To Boost Energy Security

Apart from the reduction of imports, the 2G ethanol usage in petrol helps reduce greenhouse gas emissions and also provi... Read more

NTPC Gets Shareholders' Nod To Raise Up To Rs 15,000 Cr Via Bonds

The funds would be raised for capital expenditure , working capital and general corporate purposes, in the domestic mark... Read more

GMM Pfaudler Says Ready To Respond To Charges On Unusual Trades During OFS

The stock continues to fall, and is down over 36 per cent since September 15 Read more

Govt To Study Legal Options After Losing Vodafone Arbitration Case

"The govt will be studying the award and all its aspects carefully in consultation with our counsels," Finance Ministry ... Read more

Flipkart Onboards 13,000 Kiranas In Eastern Region Ahead Of Festive Season

The company also said this is part of a programme to onboard 50,000 kiranas across the country to provide a faster e-com... Read more

SP Group To Recast Rs 10,900-cr Debt Under Covid-19 Resolution Framework

The Tatas moved court a day after the SP Group inked a fund raising deal with the Canadian fund Brookfield for Rs 3,750 ... Read more

Online Grocery Segment To Touch $3 Billion By Year-end: Report

COVID-19 induced tailwinds, coupled with participation from large conglomerates like Reliance are expected to drive grow... Read more

Hetero Launches Pack Of Generic Covid-19 Drug Favipiravir At Rs 2,640

Drug firm Hetero on Friday said it has launched a pack of its generic oral antiviral drug-- Favivir 800/200-- for the tr... Read more

Paytm Mall FY20 Loss Down 60% To Rs 479 Cr Over Weak Cashback, Promotions

E-commerce firm Paytm Mall on Friday said its loss narrowed by 60 pc to Rs 479 crore in 2019-20 on account of reduction ... Read more

Equitas SFB Revises Offer Size For Proposed Initial Public Offering

Equitas Small Finance Bank had received the Sebi's approval for the IPO on March 3 Read more

LIC Housing Invests In SPR City, Piramal Enterprises Exits From Project

The company's Director Chetan Bohra said that the capital raised would be utilised for advacing the construction and ens... Read more

Remove Restrictions On Export Of N-95 Masks, Industry Body Urges Govt

Recently, the government relaxed curbs on exporting of masks and medical coveralls, which are used to control the spread... Read more

LIC, GIC, New India Assurance Systemically Important Insurers: IRDAI

The three insurers have also been asked to raise the level of corporate governance, identify all relevant risks and prom... Read more

Price To Assembly Plant: How Harley-Davidson Lost Its Rumble In India

India's inability to keep a premium manufacturer with an outsize brand points to misaligned incentives, writes Anjani Tr... Read more