LiveAurobindo Pharma Acquires 51% Stake in GLS Pharma
Aurobindo Pharma has completed the acquisition of GLS Pharma Limited with a 51 per cent stake. In June, the Board of Aurobindo Pharma approved the...
Category : BUSINESS
IRCTC Tenders to Hire Consultants for Digital Asset Monetisation
According to media reports, Railway ticketing and catering giant Indian Railways Catering and Tourism Corporation (IRCTC) has tendered for consultants to monetise digital assets. These...
ITC, IHCL is Seeking to Run ITCs in Ashok
According to two people with knowledge of the matter, ITC Ltd, Indian Hotels Co Ltd (IHCL), and DS Group have expressed interest in competing to...
License of Deccan Urban Co-Operative Bank Nullified, Says RBI
Co-operative Banks do not have adequate capital and earning prospects, the Central Bank (RBI) claims. On Thursday, the Reserve Bank of India announced that the...
Reduced Windfall Tax on Domestic Crude by Government
The union government has lowered the windfall tax on locally produced crude oil sales to $13,000 per tonne.The sale of Indian-produced crude oil has been...
RBL Bank Sells 2.77% Stake Held in Kilburn Engineering
On August 17, RBL Bank said it had offloaded over a 12 per cent stake in Kilburn Engineering for a total consideration of over Rs...
Wipro Gets Multi-year Contract from UK Govt’s HM Treasury
Wipro Limited has announced that it has a multi-year contract for delivering Service Integration and Management (SIAM) services to HM Treasury (Her Majesty’s Treasury). HMT...
JSW Group Partners IIT Bombay T0 Set Up Steel Technology Hub
JSW Group and IIT Bombay have signed an exclusive strategic agreement to build a state-of-the-art JSW Technology Hub in India for steel manufacturing. The institute...
Kotak Mahindra Bank Rates High on FD for 390 Days to 3 Years
The private sector bank, Kotak Mahindra Bank (KMB), has raised the interest rate on fixed deposits below Rs 2 crore. New rates with effect from...
Power Mech Projects Gets Rs 6,100 Cr Order from Adani Group, Shares Hit 52-Week High
Shares of Power Mech Projects Ltd (PMPL) climbed to a 52-week high on Thursday after the company received orders worth more than Rs 6,100 crore...