Shares of PNB Housing Finance dropped over 5 percent on Friday after Punjab National Bank (PNB) has called off the deal to sell its stake in the company. PNB and Varde have... Read more »
India’s second largest IT firm Infosys Thursday said its board has curated an ‘Expanded Stock Ownership Program 2019’ that proposes to allocate five crore shares to incentivise employees based on performance. In... Read more »
The Reserve Bank of India on Thursday asked NBFCs with asset size of over Rs 5,000 crore to appoint board-approved chief risk officer (CRO) with who is well qualified and must have... Read more »
Hinduja flagship firm Ashok Leyland Thursday said it has received an order from Senegal, to supply 400 minibuses worth 10.06 million euros (about Rs 80 crore). This order comes from Senbus Industries,... Read more »
Shares of InterGlobe Aviation, which runs India’s largest budget airline IndiGo, dropped 8 per cent to Rs 1,487 in intra-day trade on the BSE on Thursday on the back of heavy volumes... Read more »
Aiming at a ‘cash-lite’ society, the Reserve Bank of India Wednesday curated a vision document for ensuring a safe, secure, convenient, quick and affordable e-payment system as it expects the number of... Read more »
Prashant Ruia, the promotor of debt-ridden Essar Steel, Wednesday submitted before the National Company Law Appellate Tribunal that the resolution plan moved by ArcelorMittal is in violation of the Insolvency & Bankruptcy... Read more »
Homegrown ride-hailing platform Ola revealed in its regulatory filings, sourced from Singapore’s Accounting and Corporate Regulatory Authority, that it pumped in about $60 million in its international operations in the past 15... Read more »
The Boards of Directors of Tata Global Beverages Limited (“TGBL”) and Tata Chemicals Limited (”TCL”), at their respective meetings held today, have approved the de-merger of the Consumer Products Business of TCL... Read more »
Jaina Group, the Delhi based business conglomerate with interests in telecom and consumer durables has joint hands with the Japanese consumer electronics giants – Sansui and Nakamichi. This will allow Jaina Group... Read more »