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 further reducing debt... Read more »
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 Mitsubishi Corporation (MC),... Read more »
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, which provides unlimited... Read more »
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, Finance Minister Nirmala... Read more »
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 7 months, reports... Read more »
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 billion of its... Read more »
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 RBI on January... Read more »
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 venture will help... Read more »
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 Carat for July... Read more »
Global rating agency Moody’s Investors Service Thursday downgraded Tata Motors’ credit rating by a notch based on the disappointing performance of its British subsidiary Jaguar Land Rover. The corporate family rating and... Read more »