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 »
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 »
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 »
The Income-Tax Department Tuesday said it has been conducting search warrants at about a dozen premises in Karnataka on charges of tax evasion. The raids are being conducted in... Read more »
Markets regulator Sebi has debarred Kashyap Technologies and six other entities, including Clifford Capital Partners, for at least five years from securities market in a matter related to manipulation... Read more »
A foreign brokerage Monday said the Reserve Bank will slash its key policy rates by another 25 basis points, after governor Shaktikanta Das’ weekend speech focusing on ways to... Read more »