LiveAnt Financial Gains Control Over Zomato
Ant Financial has secured the rights to become the largest stakeholder in the Indian restaurant discovery and food-delivery startup Zomato, replacing Info Edge, Zomato’s earliest...
Category : Latest News
Reliance Capital Quarterly Profit Reported At Rs. 272 Crores
Reliance Capital (RCL), controlled by Anil Ambani, reported a consolidated net profit for the June-end quarter of the current fiscal at Rs. 272 crores. The...
Sun Pharma Acquires Stake In Israel-Based Tarsius Pharma
Indian pharmaceutical major, Sun Pharmaceuticals announced the acquisition of Tarsius Pharma. Sun Pharmaceuticals acquired an 18.75% stake in Israel-based Tarsius Pharma for $3 million. Sun...
ICICI Bank Moves To NCLT Against Jaiprakash Associates
ICICI Bank has filed insolvency petition against Jaiprakash Associates before the National Company Law Tribunal (NCLT). The Allahabad bench of NCLT has asked ICICI bank...
Vodafone Idea Limited Raises Rs. 1500 Crores Through NCDs
Telecom major Vodafone Idea Limited reportedly raised Rs. 1,500 crores fund through the issuance of non-convertible debentures on private placement basis, first debt after its...
JSW Steel Crude Steel Output Grows 8% Along Its Expansion Plan
JSW Steel released a statement which said that its crude steel output grew 8.3 per cent to 14.48 lakh tonnes (LT) in August 2018. According...
IPPB Announces Partnership With FSS
India Post Payments Bank (IPPB) has teamed up with FSS (Financial Software and Systems), a payments technology company to enable micro-merchants to accept payments over...
Temasek To Make Investment In India’s Infrastructure Fund
The National Investment and Infrastructure Fund (NIIF), a fund created by the Government of India for enhancing infrastructure financing in the country, said Singapore-based Temasek...
Axis Bank Appoints Amitabh Chaudhry As CEO And MD
Axis Bank announced that Amitabh Chaudhry of HDFC Life will take over as the chief executive officer (CEO) and managing director (MD). Amitabh Chaudhry will begin...
Jack Ma Announces To Move Away From Alibaba Group
One of China’s best-known business figures and one of the world’s richest entrepreneurs, Jack Ma has announced to steps down as Alibaba Group’s chairman in...