LiveAshok Leyland’s Loans to Promoter Entities Overshadow Decent Q4
The Hinduja family feud as inconsequential as far as Ashok Leyland Ltd’s prospects go. The general view among brokerages is that the company’s operations won’t get affected...
Category : BUSINESS
UCO Bank Back in the Black, Reports Profit of Rs 17 Cr in Q4
UCO Bank on Friday reported a standalone net profit of Rs 16.78 crore for the March quarter due to substantial rise in other income and decrease...
Nutrition Brand OZiva Raises $5 Mn from Matrix Partners India
Plant-based nutrition brand OZiva has raised $5 million, as part of Series A round, led by Matrix Capital India. Existing investor Titan Capital also participated...
Bank of India Reports Net Loss of Rs 3,571 Cr in Mar Quarter
State-owned lender Bank of India on Thursday reported a net loss of Rs 3,571.41 crore for March quarter of FY20, on the back of higher provisioning. The...
Rémi 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....
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...