Oil and Natural Gas Corporation on Thursday said its investments for exploration of oil and gas in India and acquisition of overseas assets would be impacted if government increases the company's subsidy burden.
ICICI Bank has acquired the entire paid-up capital of Investitsionno-Kreditny Bank of Russia as part of its business plans to expand international operations.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
US-based BMC Software Inc will acquire the assets of Magic Solutions, a provider of help desk and related software, from Network Associates Inc for about $47 million in cash.
How the Aadhar card would be linked to income tax return is yet not clear
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
'Brexit might delay the sale process of Tata Steel's UK operations'.
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
'There will be much for President Trump and Prime Minister Modi to discuss including growing Chinese military cooperation with Pakistan, which heralds a new attempt by China and Pakistan to neutralise India's influence in its Indian Ocean neighbourhood,' notes Ambassador G Parthasarathy.
Stock to watch: Shipping Corporation and Great Eastern Shipping
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
The text of the Income tax amendment is so wide and so riddled with ambiguities that it deserves to be scrapped for those reasons alone, says N S Nigam.
Opposition party is unlikely to block Bills for GST, insurance and e-auction of coal mines.
Infosys, however, cut 2017-18 revenue growth guidance to 5.5-6.5 per cent from 6.5-8.5 per cent in constant currency.
The deal will end months of uncertainty about Yahoo's future.
The FDA actions eventually led to a $500-million fine for Ranbaxy as well as the effective mothballing of many of its Indian factories.
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Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
SBI remains a favourite of most brokerages in the PSB segment.
Regulators find it difficult to track down illicit transactions with no limit on the number of subsidiaries.
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
Cooperative societies get more tax benefits as compared to individual house owners.
Shapoorji, Kalpataru, Godrej pursuing Rs 60,000 crore opportunity in the region
These consistent performers are expected to maintain momentum.
Looking to monetise assets not in Reliance Capital's core area of business.
The navy wants to spend Rs 40,000 crore on INS Vishal, a choice the army and air force oppose. This is as much about turf as about funding. explains Ajai Shukla.
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
Videsh Sanchar Nigam Limited will start offering virtual private network services to the United States and Europe.
ED failed to obtain evidence with regard to financial links about the purchase of an island in Scotland.
This is largely on the back of Tata Steel's expansion at Kalinganagar, as well as JLR's in China and Brazil
As the Modi government enters the fourth year of its tenure, it is looking more confident, shedding its earlier inhibitions about offering sops or new opportunities to big business, says A K Bhattacharya.
ABN Amro Bank has kept options open for acquisitions and plans to start mutual fund operations by this fiscal, its executive vice president Romesh Sobti said in New Delhi on Monday.
American Express Bank is open to acquiring Indian banks and mutual funds as part of the efforts to increase its presence in the country.
Leading up to the International Women's Day on March 8, this is the first of a four-part series that talks about how women can invest to achieve their long-term financial goals.
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
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