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Companies

Apple

India to woo foreign firms like Apple to capitalise on US-China trade war

Several Indian officials met on Aug. 14 and discussed a list of "target companies". Aug 30, 2019
Hardeep Singh Puri, Union Civil Aviation Minster

Air India sale: Hardeep Singh Puri makes it clear govt will privatise 'Maharajah'

Union Civil aviation Minister Hardeep Singh Puri said that the government should not be in the business of running the airline and it should be rather left to the private sector. Aug 30, 2019
Zerodha

Zerodha traders lose heavily on F&O expiry day due to technical snag

This is not the first time Zerodha customers are facing such technical issues. On February 27, several traders using it faced technical issues while using Kite platform. Aug 29, 2019
Rent in Dubai is skyrocketing

UAE property developer Sobha plans initial public offering

Sobha is targeting annual sales of 2,000 housing units in Dubai that will result in revenue of 2.5 billion dirhams and profit of about 400 million dirhams by 2022, Menon said. Aug 29, 2019
Lulu Mall.

NRI billionaire's Gulf retail giant Lulu plans to invest $500 million in Egypt

Under the new deals, four projects will be built by the Urban Communities Authority within 12 months. Aug 29, 2019
Embassy group

Major shake-up in co-living space as Embassy Group plans to build 20,000 beds

Embassy group has an ambitious plan of growing more than 100,000 owned and operated beds in next five years Aug 28, 2019
IndiGo promoters' differences threaten services

IndiGo AGM: Amendment of Articles of Association, re-appointment of M Damodaran in focus

The feud came to the fore in July when Bhatia wrote to Sebi seeking its intervention in addressing alleged corporate governance lapses in the company. Aug 26, 2019
Real estate

Shapoorji Pallonji to sell assets to clear off Rs 4000 Cr debt

The 154-year old group witnessed a massive downgrade of its flagship firm Shapoorji Pallonji & Co. due to the slowdown in the core sector. Aug 24, 2019
Parle G

Parle row: No job losses yet, company senior category head Mayank Shah clarifies

Mayank Shah stated that job cuts are only an eventuality that Parle may look at if the current economic slowdown continues. Aug 23, 2019
tata group bombay house ratan tata cyrus mistry removal tata sons companies market cap going by tcs tata motors steel voltas london europe speculation successor

Walmart and Tata group revive talks on strategic partnership in India

Walmart's association with Tata is aimed at the US behemoth leveraging Tata's existing distribution network to expand its outreach to Kirana stores. Aug 22, 2019
Amazon

Amazon opens its largest campus globally in e-commerce push

The Seattle-headquartered company is making an ambitious push in India, the last major retail frontier still primarily reliant on a small-scale neighbourhood and mom-and-pop stores. Aug 21, 2019
Vedanta group Cairn India

Vedanta stares at liquidation of mining business in Zambia

Vedanta has taken the matter to arbitration and made efforts to halt the liquidation process. Aug 21, 2019
handcuffs, arrest, criminal

Report of massive financial fraud drags CG Power; MCA launches probe

The shares of the company fell 20 percent on Tuesday following news about the financial fraud. Aug 21, 2019
Parle G

India's largest cookie-maker Parle may cut up to 10,000 jobs amid economic slowdown

A sharp drop in Parle's biscuit sales means the company may have to slash production, which may result in layoffs of 8,000-10,000 people. Aug 21, 2019
Rajnish Kumar

State Bank of India moots plan to abolish debit cards

The bank has already rolled 68,000 'YONO cashpoints' and under the process of adding further 1 million cashpoints in next one and a half years. Aug 21, 2019
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