Reliance Industries acquires ITC’s John Players for Rs 150 crore.

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... Read more »

Naresh Goyal and wife steps down from the board of Jet Airways

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... Read more »

Bajaj Auto in talks to offload KTM AG’s 48 pc stake to its parent company

Bajaj Auto International Holdings BV is in talks to offload its 48 per cent stake in Austria-based KTM AG to its parent company KTM Industries AG, which is Europe’s biggest sport motorcycles producer.  Bajaj Auto informed... Read more »

Fortis Healthcare appoints Dr Ashutosh Raghuvanshi as its CEO

Fortis Healthcare on Tuesday announced that its board has appointed Ashutosh Raghuvanshi as MD and CEO of the company with immediate effect for a period of 3 years, subject... Read more »

L&T acquires 20.32% stake in Mindtree from Cafe Coffee Day founder.

Indian conglomerate Larsen & Toubro (L&T) in its filing informed that they have acquired 20.32 percent stake in IT services company Mindtree for 32.69 billion rupees ($476.57 million). The... Read more »

RCom pays Rs 462 crore to Ericsson

Reliance Communications has paid Ericson Inc 4.62 billion rupees ($67.42 million) as ordered by the Supreme Court saving Anil Ambani the ignominy of facing a jail term.  Ericson’s lawyers confirmed... Read more »

Essar Steel case: NCLAT refuses stay on NCLT nod to ArcelorMittal plan

The National Company Law Appellate Tribunal (NCLAT) on Friday refused to issue a bankruptcy court order approving steel giant ArcelorMittal’s ₹42,000-crore takeover bid for Essar Steel and wanted a fresh... Read more »

Allianz Investment Management strategically invests in Edelweiss’ Private Debt Platform

Edelweiss has announced that Allianz Investment Management, the investment management arm of Allianz Group has made an investment of over USD 200 million into Edelweiss’ Private Debt Platform. Edelweiss... Read more »

Road Safety Education Programme aims to develop young ‘Road Safety Ambassadors’: Toyota Kirloskar Motor

Toyota Kirloskar Motor organized a platform on road safety for the state level winners with an aim to evaluate the real-time learnings and applications by the students. ‘Toyota Safety... Read more »

Kirloskar Oil Engines Introduced Intelligent Range Of Gensets i-Green

KOEL Green is India’s largest and leading manufacturer of Power Generating sets with 30 % plus market share. KOEL has announced their latest product range of technologically advanced intelligent... Read more »