LiveRémi Maillard to Helm Airbus India from September
French aerospace major Airbus SE has appointed former Airbus Helicopters executive Rémi Maillard as President of India operations and Managing Director of South Asia region....
Category : BUSINESS
Blackstone Sells 8.7% Stake in Embassy REIT
Private equity firm Blackstone on Wednesday sold 67 million shares or 8.7 per cent in Embassy REIT worth around $300 million, according to data on stock exchanges. The...
NTPC to Help Mali Develop 500 MW Solar Park
NTPC Ltd will help Mali develop a 500 MW solar power park, a statement by the state-owned power generator said Wednesday. India’s largest power generation utility...
Mahindra and Mahindra Eyes PE Funding for EV Business
Mahindra & Mahindra is looking to attract private equity (PE) funding for its decade-old electric vehicle business. This is part of the company’s newly announced strategy...
Diageo India to Offer Hygiene Kits, PPEs to Bars, Pubs
Diageo India has said that it will offer hygiene kits and personal protection equipment to bars, pubs and restaurants serving alcohol once they resume business in...
Hyundai Trademarks Alcazar Name For New SUV In India
Recently leaked document suggests that Hyundai Motor Company has trademarked the name Alcazar in India. The document reveals that the name has been trademarked for a new...
HDFC Securities’ Users Face Glitch in Executing Transactions
Customers of HDFC Securities had to face problems in executing their orders, for which the company apologised and said it’s ‘taking all possible steps to...
Broadband Services to Get Cheaper, Govt Considers License Fee Cut
India is considering a proposal to reduce the license fee for fixed-line broadband services to households, a move that would boost access and lower cost for internet...
Wipro Employs More Than 69% Local Workforce in US
Wipro Ltd’s localization efforts, 69.5 per cent of its workforce in the US is locally staffed, the company said in its 2019-20 annual report. US, the...
PNB CEO Expects Recoveries Worth Rs 8,000 Crore
State-owned Punjab National Bank (PNB) has said its standalone net loss narrowed to Rs 697.20 crore in the fourth quarter ended March 31, due to lower provisioning...