HDFC Bank tops Indian co in global Top 100, brand valued at $22.7 bn

 HDFC Bank, the leading bank in India, is the highest-ranked Indian brand to be featured in the BrandZTM Top 100 Most Valuable Global Brands released by WPP group company Millward Brown. In the... Read more »

Emami Group divests 10% stake in Emami Limited for Rs 1230 crore

The promoters of Emami Group have undertaken a stake sale 10% in Emami Limited for raising approximately INR 1230 crores. This amount is intended to be used primarily for... Read more »

TCS to increase investment in Japan, grabs major stake in JV with Mitsubishi Corporation

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, announced that it is increasing its holding in TCS Japan Ltd, its joint venture with... Read more »

5G arrives, but no fibre optics present

If switching to 4G from 3G was all about rationalising capacity by Indian telecom operators, 5G’s clarion call is fiberisation — and more fiberisation. Investment in fiberised backhaul infra,... Read more »

Income Tax department issues Rs 64,700 crore worth refunds between April 1 to June 18

The Income Tax department has issued Rs 64,700 crore worth refunds in the current fiscal, and for full 2018-19 fiscal the amount released was over Rs 1.61 lakh crore,... Read more »

Nearly Rs 35k cr worth inventories left unsold; liquidity crunch said to be the reason

Automakers of two and four wheeler automakers are grappling with rising stocks and rising inventories due to a weak market sentiment which has been going up over the last... Read more »

Anil Agarwal feels privatizing mining firms could help save imports by $400 billion

Anil Agarwal, the founder and chairman of Vedanta Resources, has reportedly requested the government to privatise five mining companies, including Hindustan Zinc, which will help India cut USD 400... Read more »

Viral Acharya resigns as RBI deputy governor six months before his term ends

RBI Deputy Governor Viral Acharya, who was the face of central bank’s Independence, has reportedly resigned six months before the scheduled end of his term. Acharya, who joined the... Read more »

Mahindra Finance and Manulife collaborate to form new joint venture in India

Mahindra & Mahindra Financial Services Limited through its subsidiary, Mahindra Asset Management Company Private Limited has joined hands with the leading global financial services group, Manulife*. The 51:49 joint... Read more »

Diamond Futures marginally higher after US Fed keeps rates unchanged: Kedia Advisory

On Friday, Diamond prices remained steady at Rs. 3,478.7 cent after the US Federal Reserve hinted at cutting interest rate next month.   On the ICEX, prices of Diamond futures 1... Read more »