Japan PM Resigns, Clearing Way For Successor Yoshihide Suga
Shinzo Abe, Japan’s PM and his Cabinet resigned by clearing the way for his successor to take over after parliamentary confirmation later Wednesday. He is...
Author : Amrita Chakravorty
Deutsche Boerse Sells 2.67% Stake of BSE Ltd Worth Rs 66 Cr
On Monday Frankfurt-based, Deutsche Boerse AG has sold 2.67per cent stake in BSE Ltd. for an aggregating amount of Rs 66 crore via open market transactions. As...
Former Wipro Chief Joins DVP as Venture Partner
Abidali Neemuchwala, Former CEO and MD of Wipro has joined Texas-based investment firm, Dallas Venture Partners (DVP) as a venture partner. On Monday, DVP said that it...
Minda Industries Raises Over Rs 242 Crore Via Rights Issue
Auto components maker, Minda Ind. said that it has raised over Rs 242 crore through issuance of rights to its existing investors. On June 29, the board...
Daimler AG to Pay $2.2 Billion for Cheating Settlements of Diesel Emissions
Daimler AG will pay $2.2 billion for resolving the US government’s diesel emissions cheating investigation and claims from 250,000 US vehicle owners, as per the court documents....
ADB Sees India’s GDP Contract 9% in FY21
The Asian Development Bank (ADB) has revised its GDP estimate for India to a 9 per cent contraction in FY21 from 4 per cent dip estimated in...
ICICI Direct’s Small-Cap Stocks Portfolio for Multi-Cap Mutual Funds
The Securities and Exchange Board of India (SEBI) has announced new norms mandating multi-cap funds invest at least 25 per cent each in large-cap, mid-cap and small-cap...
PM Modi Lays Foundation for 7 Infra Projects Worth Rs 541 Cr
Today, PM Narendra Modi has inaugurated and laid the foundation stone of seven urban infrastructure projects of worth Rs 541 crore in poll-bound Bihar. Nitish Kumar (Bihar...
Flipkart To Hire 70,000 In India Ahead Of Big Shopping Event
The e-commerce giant, Flipkart would create 70,000 new jobs and also the employee many more as delivery partners and in other roles as it prepares for the...
Banks to Mandatorily Automate NPA Recognition by 30 June, Says RBI
The Reserve Bank of India (RBI) has issued the date for completion of automation in inadequate loan recognition as well as the provisioning latest by 30 June...