Grasim Industries on Monday said it has challenged the ₹5,872.13 crore income-tax demand with regard to its merger with two Aditya Birla group firms before the Bombay High Court, which has granted stay... Read more »
Realty major DLF’s QIP issue has been oversubscribed by two times, enabling the company to raise around Rs 3,200 crore. On Monday, DLF, the country’s largest real estate firm in market value, had... Read more »
Reliance Retail Ltd (RRL), the retail arm of Reliance Industries said on Tuesday that it has bought ITC Ltd’s menswear brand John Players. The acquisition will bolster RRL’s readymade garments and accessories... Read more »
A day after the government announcement of Public Sector Banks (PSUs) bailout plan for Jet Airways, businessman Vijay Mallya lashed out at the PSUs for “double standards” under the Modi regime as... Read more »
Markets regulator Sebi Monday announced changes in norms related to payment of commissions and disclosures for the mutual fund industry. Changes have been made to various circulars issued earlier, including the circular... Read more »
India’s industrial production is expected to stay muted in the near term, on account of weak exports, rural distress, credit constraints and uncertainty over the election outcome, a report said Monday. According... Read more »
Twenty-five years after founding private airline Jet Airways, Naresh Goyal and his wife Anita Goyal have stepped down from the board of the company. Naresh Goyal will also cease to be the... Read more »
Housing finance companies (HFCs) have been facing tight liquidity conditions since September 2018 and this has pushed them to lower their disbursements and meet a sizable portion of their fund requirement through... Read more »
Debt-ridden Reliance Communications Enterprises has pledged 4.52 per cent of its holding in Reliance Communications (RCom) amounting to 12.50 crore shares with private sector lender IndusInd Bank, as per a PTI report.... Read more »
Foreign investors have poured in a net amount of Rs 38,211 crore in the domestic capital markets in March so far, mainly on account of improved global liquidity. In February, foreign portfolio... Read more »