LiveCentre Develops Framework to Check for Fake Reviews on E-Commerce Sites
On Saturday, the government said it would develop a framework to check fake reviews posted on e-commerce sites to protect consumers’ interests. On Friday, the...
Category : BUSINESS
Mahindra & Mahindra Profit Down 4.5% QoQ, Revenue Up 12%
Mahindra & Mahindra reported on May 28 that standalone net profit fell 4.5% quarter-on-quarter to Rs 1,292 crore in the March quarter. Compared to a...
FIEO Launches B2B Digital Marketplace for Exporters
The Federation of Indian Export Organisations (FIEO) has launched an online marketplace for Indian exporters and foreign buyers. Indian business portal acts as B2B, which...
Brookfield India REIT Plans to Raise Upto Rs 5,000 Crore
As per a regulatory filing, Brookfield India Real Estate Trust plans to raise Rs 5,000 crore through unit sales to institutional investors. On Saturday, Brookfield...
JSP to Install Rail Wheels Manufacturing Plant in Chhattisgarh
On Friday, Jindal Steel & Power (JSP) will install India’s first Rail Wheelset manufacturing plant at its Raigarh facility in Chhattisgarh, the company said in...
Provisions, Reverse Repo Ops Hit RBI Dividends
Last week the Reserve Bank of India (RBI) had to pay the government its lowest dividend in 10 years. The reason becomes clear in the...
Indiabulls Real Estate Posts Net Loss of Rs 60 Cr in Jan-Mar Quarter of FY22
On Friday, Indiabulls Real Estate Ltd (IBREL) reported a consolidated net loss of Rs 59.80 crore for the quarter ended March 2022. The company posted...
Lakshadweep’s Rs 6.1 Crore Telco Package Gets Centre Nod
Lakshadweep Islands will soon strengthen mobile network connectivity as the Ministry of Telecom, under the Ministry of Communication, has approved a telecom development package worth...
Sun Pharma Acquires Uractiv Portfolio from Fiterman Pharma in Romania
On Friday, pharmaceutical giant Sun Pharma said that its subsidiary had acquired the Uractiv portfolio from Romania’s Fiterman Pharma. The company’s subsidiary – SC Terapia...
Inventus Launches New Fund With Target Corpus of Rs 900 Crore
On Thursday, Inventus India announced its rebranding as Athera Venture Partners and launched its fourth fund with the target set to a corpus of Rs...