Reliance announced a rights issue of Rs 53,125 crore, which it said was the biggest in India.
After multiple attempts at selling itself, including to larger e-commerce player Snapdeal, ShopClues has found a buyer in Singapore-based e-commerce platform Qoo10 in an all-stock deal.
While FIIs have pumped in nearly Rs 17,000 crore, MFs have been net buyers to the tune of Rs 9,000 crore.
Diverse marquee investors are becoming long-term shareholders of Jio Platforms because of a unique set of technologies and platforms under one entity.
After years of giving free passes to counterparts from Korea, Japan, US in the Indian auto market, Chinese automakers had planned a major push to grab the fifth largest car market in the world. But the shutdown of factories and logistics hubs in the country following the outbreak of coronavirus is slowly constricting the business of Chinese auto majors which have recently entered India.
Currently, Panasonic India comes under the company's Singapore-based establishment. Other global regions of the Japan-based firm are based out of Japan, North America, Asia, Europe and Latin America.
Carnival group buys project in Chandigarh from L&T for Rs 1,785 cr.
The company agrees to discussions for long-product division with Swiss group Klesch.
India is fast re-emerging as a good business destination among foreign investors.
There are a couple of proposals, however, whose goals are not easily achievable.
Infosys boss says new strategy moving in right direction, optimistic of regaining bellwether status.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
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Donald Trump, known for his unpredictable leadership style, divisive rhetoric targeting both allies and opponents, and the only US president to be impeached twice, left the White House on Wednesday with a tainted legacy never seen before in American political history.
Keshav Murugesh, CEO of the Nasdaq-listed WNS, discusses the impact of the Trump administration on BPO and BPM industry with Ayan Pramanik.
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space
Hygienic owns Super Vasmol and Streax brands of hair colour products.
Fuel efficiency was the platform that had been built by the market leader in the segment, fun was the Discover domain. By diluting the message, the brand lost its old customers and pushed potential buyers into the leader's fold.
The job cuts will affect almost a fifth of the bank's workforce.
Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
'Flattering press, nice photos, no major gaffes.' 'Both sides will be very happy as they are clearly measuring 'success' by a different yardstick than the world used in the past.'
This is the first deal for artillery guns since the Bofors scandal in 1980s.
Without the handsome receipts from the sale of government equity in PSUs and sharp increases in excise revenues from oil, Mr Jaitley's fiscal consolidation drive would have become even more arduous, says A K Bhattacharya.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
In the past two years, Sikka has brought in new measures by putting project managers to pitch how they cut time, saved costs and improved productivity
If the government is asking a maximum price for Air India but asks to keep old personnel, it will not match.
Rising oil prices and diminishing cash pile to limit capacity in 2018-19
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
The hatchback has been priced strategically at a notch above the Nano and way below the Tata Bolt.
TCS plans to build ignio as a standalone company.
The challenge for BMW is to overtake Mercedes-Benz, which bounced back three years ago to become king of the hill.
Asian markets were trading mixed with the Nikkei gaining after the US dollar strengthened against the yen.
United Spirits had earlier forked out a loan of as much as Rs 1,350 crore to UB Holdings.
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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
Modi may take satisfaction from his display of considerable political skill in managing a mercurial, temperamental and unpredictable US president and nudging him into uncharacteristic restraint and even carefully orchestrated remarks. This personal chemistry will come in handy if Trump returns as president in the November elections, says former foreign secretary Shyam Saran.
'India can be the next growth leader for us.'
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
