LiveRamesh C Bawa Quits as the MD and CEO of IL&FS Financial Services
CEO and MD of financial services unit of Infrastructure Leasing and Financial Services (IL&FS) quits after the company defaulted on interest payments last week. MD...
Category : Latest News
HFCL Bags A Purchase Order From BSNL Worth Rs. 611 Crores
Telecom equipment maker HFCL (Himachal Futuristic Communications Ltd) said that it has received an advance purchase order worth Rs. 611 crores from state-run BSNL (Bharat...
Ircon International Ltd IPO Fully Subscribed On Day 2
Ircon International Ltd., a state-run railway company, launched its initial public offering (IPO) as the government’s desired to offload part of its stake. The government...
Reliance Communication Announces To Leave Telecom Industry
At the company’s annual general meeting (AGM), Reliance Group chairman Anil Ambani claimed that Reliance Communications Ltd will completely exit the telecom business to concentrate...
CCI Imposes Penalty On 18 Sugar Mills
The Competition Commission of India (CCI) imposed a fine of Rs. 38 crore on 18 sugar mills and two associations for rigging the bids regarding...
India Post Payments Bank Team Up With Bajaj Allianz Life Insurance
India Post Payments Bank (IPPB) announced its partnership with Bajaj Allianz Life Insurance to expand product offerings for its customers. The bank said in a...
Flipkart Internet Gets Fund Infusion Worth Rs. 3500 Crores
Flipkart Internet, the online marketplace arm of the Flipkart India Pvt Limited, as per regulatory documents received around Rs. 3,462 crores fund infusion from Flipkart...
CDPQ Set To Acquire Stake In CLP India Pvt. Ltd
Clean energy producer CLP India Pvt. Ltd. is set to be acquired by the Canadian institutional fund, CDPQ. The acquisition will be a non-controlling stake,...
Ola Enters A New Ride Hailing Market In New Zealand
The ride-hailing firm Ola has announced that it’s starting operations in Auckland, Christchurch and Wellington, New Zealand. The SoftBank Group Corp-backed cab aggregators Ola will...
Motilal Oswal Real Estate Raises Fund Of Rs. 575 Crores
The real estate arm of financial institute Motilal Oswal, Motilal Oswal Real Estate (MORE), said it has raised Rs. 575 crores for its latest fund...