Centre to Fast-Track Divestment of Bharat Earth Movers and Shipping Corp
In the coming months, the central government may seek to strategically disinvestment of Bharat Earth Movers Limited (BEML) and the Expressions of Interest (EoI) from...
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Gautam Adani Surpassed Bernard Arnault of Louis Vuitton, Become 3rd Richest Person in World
The Indian billionaire Gautam Adani has overcome French billionaire Bernard Arnault in the Bloomberg Billionaires Index, moving up to the third position globally. The top...
Bought US Gamification Platform ‘WildWorks’ for $10.4 MN – Nazara Techs
Nazara Technologies, a platform for Mobile Gaming and Sports Media, announced on August 30 that it had acquired WildWorks. It is a US-based Children’s Interactive...
Sebi Overhauls Preferential Allotment Rules for REITs, InvITs
Sebi on Monday overhauled the pricing norms for preferential allotment units in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). Under the new...
Denmark’s Carlsberg to Remove Partner’s Board Members from India Unit
Danish brewer Carlsberg has reported removing certain board representatives from its India unit due to the latter’s actions against their joint venture’s interests. The said...
Public Sector Contributes 20% to National Income, 40% of Total Wages
A report by the domestic rating agency on Monday said the public sector contributed just 20% of national income but accounted for nearly 40% of...
SEBI Penalises Aadhaar Ventures for Flouting Market Norms
On Monday, SEBI imposed fines totalling Rs 25 lakh on Aadhaar Ventures India Ltd (AVIL) and its directors for violating listing conditions and insider trading...
Stocks to Buy for Tuesday, August 30, 2022
In the previous session, the Nifty Index saw a negative opening in the morning session. The index rebounded at an important support level and recovered...
Mukesh Ambani’s Five Major Announcements at Reliance AGM 2022 Include 5G, FMCG Industry, And Succession Planning
The 45th annual general meeting (AGM) of Reliance Industries Limited (RIL) was held today. Mukesh Ambani, the chairman and managing director of RIL, made a...
ABB India Enhances Its Nelamangala Facility And Increases Its ‘Smart Power’ Portfolio
ABB India has modernised and extended its smart power facility in Nelamangala, Bangalore, to satisfy the high demand for its solutions and energy management technology....