Companies

HDFC to buy Apollo Munich Health Insurance

HDFC will buy 50.8 percent stake in Apollo Munich Health Insurance for 13.36 billion rupees from Apollo Hospitals Group and 0.4 percent stake held by some employees for 108.4 million rupees.

Jun 20, 2019

Paytm Money plans to raise Rs 8,360 cr, may become 3rd unicorn from Paytm family

Paytm Money is dependent on the global investors as it has received a mere Rs 28.8 crore as investment from its parent company.

Jun 20, 2019

It adds extra responsibility to prove yourself: Supertech Limited MD Mohit Arora

Mohit Arora, M.D pf Supertech Limited is building new possibilities to overcome odds in real estate industry.

Jun 19, 2019

Will PM Modi buckle under Trump pressure to shut out Huawei from 5G trials?

Government seeks expert opinion on US threat to ban firms that deal with Huawei and subsidiaries; officials split as some worry about missing out on Chinese giant's next-gen technologies and others cite geopolitics to keep technology leader out

Jun 19, 2019

Apple to move massive chunk of manufacturing out of China as US trade war bites

Apple is focusing on countries like Mexico, India, Vietnam, Indonesia and Malaysia to settle their product assembling firms, said a Nikkei report

Jun 19, 2019

Cognizant acquires Irish company Zenith to boost presence in life sciences sector

Zenith Technologies is a leader in creating software systems used in the supply of vital treatments to patients worldwide.

Jun 19, 2019

Bankruptcy-bound Jet staff stare at mid-career domain switch fearing jobless tag

Many of the defunct airline's staff are under pressure to switch domains though some have managed to hop on to other airlines.

Jun 19, 2019

Reliance Jio targets broadband, e-commerce push with Rs 20,000-crore war chest

Mukesh Ambani-led Reliance Industries plans to recapitalise telecom subsidiary Jio that is locked in a pitched battle with Vodafone Idea for market share

Jun 19, 2019

Karvy group rebuts accusations, says 'didn't mislead or cheat investors'

The company has claimed that Karvy Private Wealth (KPW) only acted as facilitator.

Jun 19, 2019

BYJU's lands Rs 1,393 crore funding from Qatar Investment Authority

India is seeing more and more foreign government investments in the start-up sector. Apart from CPPIB and QIA, other government arms like GIC and OPIC have also made major investments.

Jun 18, 2019

Anil Ambani's RCom owes whopping Rs 15,000 crore to three Chinese banks

According to RCom's regulatory filings, the group has paid back Rs 35,000 crore of debt in the last 14 months.

Jun 18, 2019

Will Etihad buy Jet cheap under insolvency process leaving lenders high and dry?

Now that SBI-led lenders' consortium has decided to start bankruptcy proceedings against Jet Airways, UAE national carrier Etihad with 12% stake has a chance to drive a hard bargain.

Jun 18, 2019

Amazon to invest in NinjaCart; here's why Jeff Bezos is interested in the fresh produce sector

Grocery contributed to about 61% of the overall retail market in 2018. It contributed about Rs 38 lakh crore as its share to the retail market last year. Amazon is interested to gain from the biggest Asian market scheme of selling fresh produce.

Jun 17, 2019

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Why is Infosys reviving Panaya, the Israeli subsidiary it wanted to sell at slashed rate?

The corporate governance fight created a negative impact on the brand value of Panaya, making it difficult for Infosys to find a buyer for it even after the value was slashed.

Jun 17, 2019

UCO Bank names Yash Birla as wilful defaulter; here's why RBI won't approve additional funds

UCO Bank also revealed the names of seven wilful defaulters who have total unpaid dues of Rs 740 crore. The names include Mehul Choksi, Manoj Jayaswal and Abhishek Jayaswal.

Jun 17, 2019

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Companies

HDFC to buy Apollo Munich Health Insurance

Paytm Money plans to raise Rs 8,360 cr, may become 3rd unicorn from Paytm family

It adds extra responsibility to prove yourself: Supertech Limited MD Mohit Arora

Will PM Modi buckle under Trump pressure to shut out Huawei from 5G trials?

Apple to move massive chunk of manufacturing out of China as US trade war bites

Cognizant acquires Irish company Zenith to boost presence in life sciences sector

Bankruptcy-bound Jet staff stare at mid-career domain switch fearing jobless tag

Reliance Jio targets broadband, e-commerce push with Rs 20,000-crore war chest

Karvy group rebuts accusations, says 'didn't mislead or cheat investors'

BYJU's lands Rs 1,393 crore funding from Qatar Investment Authority

Anil Ambani's RCom owes whopping Rs 15,000 crore to three Chinese banks

Will Etihad buy Jet cheap under insolvency process leaving lenders high and dry?

Amazon to invest in NinjaCart; here's why Jeff Bezos is interested in the fresh produce sector

Why is Infosys reviving Panaya, the Israeli subsidiary it wanted to sell at slashed rate?

UCO Bank names Yash Birla as wilful defaulter; here's why RBI won't approve additional funds

Punjab drug peddler had links with Kashmir terror groups; funded terrorism in valley [details]

Can Nitish be pivot of Opposition's unity in 2024?

My husband is a BJP member, claims Shrikant Tyagi's wife