Global buyout major Blackstone Monday has said it would acquire a majority 51 percent stake in the troubled Essel group arm Essel Propack for over USD 460 million or... Read more »
The D&B Business Optimism Index is widely recognised as an indicator, which measures the growth of the business community and serves as a reliable benchmark for investors. The index... Read more »
As the global economic axis moves firmly towards Asia, with the vast chunk of global GDP being generated out of the countries of this continent, we find that only a... Read more »
The lenders of Jet Airways may soon favour resolution outside the insolvency law framework if the ongoing bidding process for stake sale in the embattled airline does not bear... Read more »
Former prime minister Manmohan Singh on Saturday said the Congress’ ‘Nyay’ minimum income guarantee scheme will not generate any new taxes and help restart the “economic engine” which has... Read more »
The government sets to raise around Rs 1,500 crore from initial public offerings (IPOs) of two railway companies — IRCTC and IRFC — by September, an official said. The... Read more »
Amid the potential takeover of the company by L&T, Mindtree’s board Wednesday agreed to pay a special dividend to its shareholders, including promoters, that along with regular dividend and... Read more »
The Securities and Exchange Board of India’s (SEBI) notifications dated May 30, 2018, and September 19, 2018, under the SEBI (Credit Rating Agencies) Regulations, 1999, have mandated the segregation... Read more »
CRISIL believes the Indian telecom industry will reverse a two-year declining trend with a 7% revenue growth in fiscal 2020. The turnaround will ride on an increase in average... Read more »
Cairn Oil & Gas, a part of Vedanta, on Tuesday has appointed Ajay Kumar Dixit as its Chief Executive Officer. Ajay succeeds Sudhir Mathur, who after seven successful years... Read more »