A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.
Three Indian companies are among the six shortlised to bid for the privatisation of the Male International Airport in Maldives.
This pertains to certain irregularities in loan disbursements towards the development of two Slum Rehabilitation Authority projects undertaken by the company in the past.
The one-time restructuring of loans will help every firm and prevent cost-cutting measures such as lay-offs.
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
Asian Paints, Cipla, Bharat Forge, Dabur India, Nicholas Piramal and Satyam Computer Services are among the 20 Indian corporate entities that have found place in Forbes' list of 'Best Small Asian Companies'.
As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.
The hit to economic activity will be mostly confined to the first quarter. And a third wave, if it materialises, is unlikely to be hugely disruptive for the economy, predicts T T Ram Mohan.
Prices of all metals - from steel to copper, aluminium, zinc and lead - have shot up by about 5-11 per cent in the past month. Commodity inflation is raising its head, forcing companies to consider price hikes.
There is something very compelling about the story Harry and Meghan have been telling through the first three parts of this limited series, feels Vaihayasi Pande Daniel.
The Supreme Court of India on Friday ruled in favour of e-commerce giant Amazon by holding that Singapore's Emergency Arbitrator (EA) award, restraining the Rs 24,731 crore merger deal of Future Retail Ltd (FRL) with Reliance Retail, was valid and enforceable under Indian laws.
Vinay Bansal, son of Kejriwal's brother-in-law, was arrested on Thursday morning, ACB chief Arvind Deep said.
'I'm sure the central government must have been thinking over the technicalities, that how to pave the way for construction of the temple.'
This alliance is also planning to tap the infrastructure sector covering express highways, airports and hi-tech construction involving power plants and mega projects.
The incremental stress is mainly from sectors including power, infrastructure, constructions, hospitality, iron and steel, telecom, and realty.
China routinely objects to Indian leaders' visits to Arunachal Pradesh to buttress its stand.
Metal prices from copper to aluminum and tin have shot up by about 7-32 per cent in the past three months.
Billionaire Mukesh Ambani's Reliance Industries has signed a pact to invest an undisclosed amount in a giant petrochemical hub being built in the UAE. The oil-to-telecom conglomerate will join the recently-formed Ta'ziz joint venture of Abu Dhabi state energy giant Adnoc and state holding company ADQ for developing the Ruwais Derivatives Park in western Abu Dhabi. A company statement said an agreement has been signed for Reliance to invest in the project but did not give details. Unconfirmed reports put the investment at about $1.5 billion.
India has attracted investment worth $1.6 billion for projects in the fields of power, steel, construction and engineering special economic zones from Japanese companies.
In an open letter to Zee's shareholders, Invesco, which holds a 7.74 per cent stake in the firm, reiterated its demand for an overhaul of the media group's board and that it would pursue extraordinary general meeting (EGM) to oust chief executive Punit Goenka and two other directors. Last month, Sony Group Corp's India unit signed a non-binding offer to buy Zee.
'The F-21's capabilities far exceed all other torpedoes currently in service.'
Forced to cross the Nanoi, a channel of the Brahmaputra, over 7,000 people uprooted from their homes and farms in Darrang district of Assam now use the stream's muddy water to drink and cook and defecate in the open as `Swachh Bharat' toilets built in their villages are now guarded by policemen who do not allow them to re-enter any part of the lands they have been thrown out of.
There was an uptick in clients' spends in the digital segment.
Tata Power Company, which is developing India's first 4,000 mw ultra mega power project in Mundra signed on Wednesday contracts reportedly worth $1 billion with Korea's Doosan Heavy Industries & Construction Company.
High court orders Swan Telecom's promoter Shahid Balwa, the director of Kusegaon Fruits and Vegetables, Rajeev Agarwal, and three firms, namely Dynamic Realty, DB Realty, and Nihar Constructions to plant 3,000 trees each in the Delhi's South Ridge forest area.
Among manufacturing companies that went to the National Company Law Tribunal (NCLT), chemicals and metal firms witnessed more resolutions while companies in the labour intensive (employment friendly) leather and textile sectors mostly get liquidated, reports Abhishek Waghmare.
This is an increment of about 0.50 per cent compared to the last budget.
A bench, comprising Chief Justice S A Bobde and Justice Aniruddha Bose, did not agree to the submission that the project in Lutyens' Delhi needed to be stayed as the government bodies were to approach the authorities concerned for clearance and other formalities. 'Nobody is going to do anything' during the COVID-19 pandemic, said the bench.
A bonus is given to existing stockholders in proportion to the number of shares they already hold.
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
The JV will provide thorium fuel technology for light water reactors to come up in India, which predominantly generates nuclear power using LWRs. Thorium Power specialises in harnessing nuclear energy by using thorium, which is less radioactive than the conventional nuclear fuel -- uranium.
Beijing views the India-based Dalai Lama, the spiritual leader of the Tibetan people, as a separatist trying to split the Himalayan region from China.
Forum directs firm to refund Rs 5,82,000, paid by Bhushan for a plot of land
After the NHB asked housing finance cos to desist from offering interest subvention schemes, disbursement of loans are likely to get delayed, points out Tinesh Bhasin.
However, director of Alcon Landmarks Jagdish Agarwal subsequently told them that the wall was safe.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
