Banking

India Inc's EBITDA To Shrink 24% In FY21 Due To Covid Disruptions: Moody's

Moody's said recovery will gather pace in the third quarter of fiscal 2021 (Q3Fy21) as the lifting of lockdown releases ... Read more

Mukesh Ambani's $2 Chutzpah Unlocks Another Fortune For Reliance Industries

In four years, the Indian billionaire has amassed roughly 400 million customers for his mobile data business Read more

Hexaware Promoter Raises $600 Mn; To Partially Use For Delisting Shares

A voluntary delisting of Hexaware Technologies from the BSE and the NSE is being undertaken Read more

Hindustan Copper Board Defers Decisions Of Proposals Due To Less Time

"Due to paucity of time, the.... proposals could not be discussed and deferred by the board," it said in a regulatory fi... Read more

Motherson Sumi Upsizes Its NCD Issue To Rs 2,130 Cr Using Greenshoe Option

Overall, 24 investors (including 23 qualified institutional buyers) have invested in the non-convertible debentures (NCD... Read more

NCLAT Upholds NCLT Order To Initiate Insolvency Against Meenakshi Energy

A three-member bench has dismissed the plea filed by its director and its shareholder India Power Corporation Ltd observ... Read more

Infosys Plans To Hire Additional 500 Tech Employees In Rhode Island By 2023

In 2017, Infosys had committed to hiring 10,000 American workers over two years, and has created 13,000 jobs in the US t... Read more

ASCI Will Continue To Work With Newly Formed Govt Regulator: Subhash Kamath

The CCPA has been set under the newly notified Consumer Protection Act, 2019, which gives the body powers to take action... Read more

Dueling Over Diamonds: LVMH Says Tiffany Not Worth Buyout As Spat Gets Ugly

It's an ugly spat for such a glamorous industry: French luxury powerhouse LVMH and US jeweler Tiffany & Co. are blam... Read more

Suzuki Motor Ups Stake In Maruti To 56.37%, Buys 284,322 Equity Shares

Prior to the transaction, Suzuki held a 56.28 per cent stake in Maruti Suzuki Read more

Citigroup Picks Jane Fraser As Next CEO, First Woman In That Role

Citigroup announced that Jane Fraser would succeed Michael Corbat as the bank's next chief executive, making Fraser the ... Read more

BPCL To Offer Its Employees Stock Options At A Third Of Market Price

State-owned Bharat Petroleum Corp Ltd (BPCL) has offered its employees stock options at one-third of the market price as... Read more

BSNL To Retrench Another 20,000 Contract Workers: Employees' Union

The union also claimed that 30,000 contractual workers have already been retrenched under the company's retrenchment pro... Read more

TCS ION Offers Free Course For Teachers To Enhance Digital Teaching Skills

TCS iON, a unit of IT services major Tata Consultancy Services, on Friday said it has launched a free 15-day self-paced ... Read more

NLC India Reports 21% Rise In Consolidated Profit To Rs 343.5 Cr In Q1

NLC India Ltd on Friday reported a 21 per cent rise in consolidated profit to Rs 343.48 crore for the quarter ended June... Read more