Latest data has revealed that unicorns surpass other technology companies when it comes to acquisitions in the country, reported LiveMint. A study by Tracxn, a technology data tracker, shows that... Read more »
The long-running fraudulent activities at crisis-ridden IL&FS could have been revealed way back in 2017, but for a cover-up job done by the top management in connivance with the... Read more »
The Serious Fraud Investigation Office (SFIO) which was investigating the debt-ridden Infrastructure Leasing and Financial Services (IL&FS) group has observed lapses in 13 loans worth around Rs 1,080 crore... Read more »
The Indiabulls Group plans to exit its real estate business so that it can get regulatory approvals for the proposed merger of Indiabulls Housing Finance with the Lakshmi Vilas... Read more »
Jeff Bezos led ecommerce giant Amazon has pumped in Rs 2,800 crore in its India unit, Amazon Seller Services, in the first tranche of capital infusion in this calendar... Read more »
India’s second-largest private steel producer, JSW Steel, may bid for British Steel Ltd after the company’s liquidation advisor EY reached out to it, the Mint reported. JSW is looking forward to... Read more »
Ratings agencies ICRA and Crisil downgraded Dewan Housing Finance Corp Ltd’s (DHFL) commercial paper to their lowest ratings on Wednesday after the lender failed to make payments on bonds... Read more »
India Inc’s business confidence has fallen 9.1% to 115.4 points in quarter four (Q4) of the financial year (FY) 2018-19, as per a survey by the National Council of... Read more »
The country’s largest lender SBI has aims to grow 10-12 percent in the current financial year, with green shoots of revival in credit demand and better recoveries of loans.... Read more »
Bharti AXA Life Insurance Monday recorded a 25 per cent increase in its new business premium to Rs 911 crore in the financial year ended March 2019. The private... Read more »