LiveTata Group in Talks to Pick Majority Stake in 1mg
Indian multinational conglomerate, Tata group is in talks with online pharmacy 1mg for acquiring a majority stake, said the people aware of the matter. The group with its...
Category : BUSINESS
PIF Buys 2.04% Stake in Reliance Retail for Rs 9,555 Cr
On Thursday, the sovereign wealth fund of Saudi Arabia, Public Investment Fund (PIF) invested Rs 9,555 crore for a 2.04 per cent stake in Reliance Retail...
Bajaj Electricals Reported Q2 Net Profit of Rs 53 Crore
Indian consumer electronics manufacturer, Bajaj Electricals Ltd. on Thursday reported a consolidated net profit of Rs 53.11 crore for the quarter ended September 30, on account of...
HPCL Rallied 6% on Approval of Share Buyback Plan
Shares of Hindustan Petroleum Corporation (HPCL) jumped 6 per cent in Thursday’s early trade after the company’s board approved Rs 2,500 crore share buyback plan as its...
Adani Enterprises to Invest Rs 50,000 Crore as CapEx in 5 years
On Wednesday, Adani Enterprises Ltd. (AEL) said that it plans to spend about Rs 50,000 crore in the capital expenditure (CapEx) over next five years with a...
Wadhawans bail Pleas Rejected in YES Bank Case
On Wednesday, the Bombay High Court rejected the bail pleas filed by the promoters of Dewan Housing Finance Ltd. (DHFL), Kapil and Dheeraj Wadhawan in the Yes...
Pidilite Completes Acquisition of Huntsman’s Indian Subsidiary
Indian adhesives manufacturer, Pidilite Industries on Wednesday said that it has completed the acquisition of the US-based Huntsman Group’s Indian subsidiary for Rs 2,100 crore.“The...
Adani Total Gas Ltd. to Raise $400 Million via Dollar Bonds
Adani Gas Limited and Total Gas Ltd’s joint venture, Adani Total Gas Ltd. will raise up to $400 million via selling bonds to foreign investors for meeting its capital expenditure...
HDFC Bank Provides Rs 500Cr Fund for Jewar Airport Project
HDFC Bank has entered into an agreement to provide a funding of Rs 500 crore for the upcoming Asia’s largest airport, Jewar airport in Greater...
Bharti Airtel’s Nxtra Data to Set Up Data Centre Campuses
Nxtra Data Ltd., data centre subsidiary of Bharti Airtel on Tuesday announced that it will set up two new data centre campuses in Mumbai and Pune.The company...