Banking

Intel Capital Picks Up 0.39% Stake In Jio Platforms For Rs 1894.50 Cr

The latest fund raising news comes on the back of RIL's announcement that it has turned net debt free ahead of its March... Read more

Tata Steel's Netherlands Plant Reaches An Agreement With Workers On Jobs

There are about 9,000 workers at Ijmuiden. FNV said an agreement has also been reached on the company structure. Read more

Bombardier Wins Rolling Stock Contract For Kanpur, Agra Metro Projects

The contract will cover the supply, testing and commissioning of 201 cars for 67 trains of 3 cars each alongwith the tra... Read more

Morgan Stanley, BofA Lead I-banking In Value Terms With 50% Market Share

At the fifth slot is SBI Caps closing three deals worth $2.9 bn, followed by Nomura Holdings with $1.7 bn across two dea... Read more

Rajan Mathews Quits, S P Kochar Becomes New COAI Director General

He was till recently the CEO of Telecom Sector Skill Council of India. Read more

Office Space Leasing Dips 36% In Jan-June Across 7 Top Cities: Colliers

Majority of the deals expected to take place in the second quarter of 2020 were pushed to subsequent quarters, or are be... Read more

Domestic Air Traffic To Decline By 41-46% In FY21 Due To Covid-19: Icra

For June, the domestic passenger traffic was 1.95 million, as against 11.2 million in June 2019, a de-growth of 83.7 per... Read more

Apollo Hospitals Mulls Setting Up Proton Cancer Centre In Mumbai And Delhi

The company has already set up one such facility at Chennai at an investment of around Rs 1,300 crore, and may be lookin... Read more

Bharti, UK Govt Win Auction For Satellite Broadband Operator OneWeb: Report

OneWeb filed for Chapter 11 bankruptcy at the end of March after its biggest investor SoftBank Group Corp pulled funding... Read more

After 10 Years At The Helm, Rajan Mathews Quits COAI; SP Kochar Takes Over

Mathews, who is a US citizen, will be heading to the US to join his family in New Jersey Read more

Warehousing, Industrial Space Demand To Be Hit Due To Covid-19: Experts

Niranjan Hiranandani, co-founder and managing director of Hiranandani Group, said there are huge development potential i... Read more

Motorcycle Segment To Outperform Other Auto Verticals Amid Covid-19: Fitch

'While we forecast that India's motorcycle sales will contract by 23.7 per cent year-on-year in 2020-21, we expect motor... Read more

RIL Net Debt To Dip With Rights Issue, Jio Stake Sale: Morgan Stanley

Reliance Industries announced today an investment of $252 million by Intel Capital for a 0.39 per cent stake in Jio Plat... Read more

Amid Global Crisis, Moody's Rates TCS, Infosys, RIL Above The Sovereign

Moody's Investors Service has rated Tata Consultancy Services, Infosys and Reliance Industries above the sovereign for t... Read more

IPhone Maker Foxconn Says Customs Clearing Procedures In India Resolved

Foxconn's customs clearance for cargo logistics in India has been resolved and all local regulatory procedures have been... Read more