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IL&FS

IL&FS adds Rs 3,333 crore cash in a liquidity boost

As a result of these efforts, cash and cash equivalent balances across IL&FS Group entities has since September 30, 2018, increased by Rs 3,333 crore to Rs 6,534 crore. Jan 12, 2020
saudi aramco, aramco ipo, aramco public issue

Saudi Aramco raises IPO to record $29.4 billion through greenshoe option

Aramco initially raised a then-record $25.6 billion in its IPO in December by selling 3 billion shares at 32 riyals ($8.53). Jan 12, 2020
Cyrus Mistry

Jolt to Cyrus Mistry: SC puts his reinstatement as Tata Son's chief on hold

During the pendency of the petition in the apex court, Mistry, in a statement had said he was not interested in returning to the Tata Sons' chairmanship. Jan 10, 2020
Maruti Suzuki plant in Gurugram

CCI reviews anti-trust complaint against Maruti Suzuki for pushing favored insurance plans

The CCI in June last year received an anonymous complaint alleging insurance plans recommended by Maruti while selling cars resulted in customers paying more. Jan 10, 2020
Abhijeet Nikam

UPSC GUIDE - Startup for upsc aspirants ,Platform for future policy makers

Abhijeet Nikam mission has been to provide accessible knowledge and guidance to each and every UPSC aspirants from all over the country Jan 6, 2020
cyrus mistry ratan tata group companies tata steel ihcl quits resigns removal tata sons tcs

Tata Sons doesn't want Cyrus Mistry's as executive chairman, knocks SC door against NCLAT order

Tata Sons has challenged the complete order of the NCLAT, pronounced on December 18, restoring Mistry as executive Chairman and also his immediate reinstatement as director of Tata Sons and three group companies. Jan 2, 2020
Airtel

Telcos to bleed further as GST council rejects request for Input tax credit refund

The Indian Telecom sector is on the brink of collapses due to stiff competition and high dues to the government. Dec 30, 2019
Telecom tower

Government blinks, may slash license fee for telecom operators

The reduction in license fee is expected to save to the three major telcos a combined amount of Rs 4,000-5,000 crore annually. Dec 24, 2019
Reliance

Asia's richest man Mukesh Ambani adds $16.5 billion to his fortune in 2019

Mukesh Ambani is the 12th richest person in the world, with around $61 billion of net worth as of Tuesday. Dec 24, 2019
Nissan Motor executive officer and vice-COO Jun Seki

Nissan top executive Seki to resign in blow to turnaround plan

Jun Seki, Nissan's vice chief operating officer and a former contender for chief executive, said he was leaving to become the president of Nidec Corp. Dec 24, 2019
Boeing

Boeing CEO resigns amid 737 Max crisis: Leadership undergoes major shuffle

Boeing and its newly-appointed CEO are confident to bring back the controversial 737 Max to service. Dec 23, 2019
Reliance industries

Why is Centre preventing Reliance industries to sell stakes to Aramco

The government sought restriction on the deal citing the failure of the two companies to honour their payment under a $4.5-billion international arbitral award in the Panna-Mukta and Tapti (PMT) production-sharing contracts. Dec 22, 2019
India telecom operators

Here's why high spectrum pricing may affect India's march towards achieving 5G goal

Although the DCC's decision will need approval from the union cabinet, if the auction is conducted as per the current rates, there is a possibility that the telcos may not even participate. Dec 22, 2019
Quikr

Mass layoffs at Quikr: Why 2,000 employees were fired in less than 2 months?

It is possible that a massive scam led to the firing of around 2,000 employees, but Quikr denies any of it. Dec 21, 2019
sensex nifty

Sensex ends 206 points higher, Tata Group stocks fall

Sensex closed 206.40 points higher at 41,558.57. The Nifty closed at 12,221.65, advancing by 56.65 points. Dec 18, 2019
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