Nesco Plans Over Rs 2,000 Cr Investment on Business
Nesco Ltd has planning to invest over Rs 2,000 crore in the next five to seven years to foray into the hospitality segment as well...
Author : Amrita Chakravorty
Adani Group Ready to Dominate Civil Aviation Sector
Adani Enterprises Ltd. (AEL) is all set to become India’s largest private airport operator. The Group has its dominating presence in current businesses of ports and...
Axis Bank, Max Life Insurance Tweak Insurance JV Pact
Axis Bank, Max Life Insurance deal has moved a step closer to accomplish the objectives of both the firms and to remove the clauses that occurred...
Tata Consumer Products Ltd to Expand its Direct Reach to Consumers
A top official of Tata Consumer Products Ltd. said the company is aiming to double its direct reach by redrawing entire sales and distribution system...
M-Cap of 7 Out of 10 Most Valued Firms Have Added Rs 67,622 Crore
Last week, seven out of 10 most valuable domestic firms have added Rs 67,622.08 crore to their market capitalisation. Tata Consultancy Services (TCS), Hindustan Unilever...
Power Ministry Asks Gencos to Cap Late Payment Surcharge at 12%
The power ministry has advised power generation firms and transmission companies to levy the late payment surcharge on discoms at not more than 12 per cent...
OIL Logs Rs 249 Cr Loss in Q1 on Slump in Oil Prices
Oil India Ltd, the nation’s second-largest state oil and gas producer, logged second quarterly loss in its history in April-June after crude oil prices slumped...
ICICI Lombard to Merge with Bharti AXA for General Insurance Business
India’s largest private non-life insurer, ICICI Lombard General Insurance Co. Ltd. and Bharti AXA General Insurance Co. Ltd., had announced on Saturday, that they will...
PNB Reported Net Profit of Rs 308 Crore in June Quarter
On Friday, Country’s second-largest public bank, Punjab National Bank (PNB) has reported a net profit of Rs 308 crore in the quarter ended on June, 30. A...
Air India Privatisation: Now Investors Can Have 100% Ownership
The government has expedited the process to sell Air India (AI) and about six entities including Hinduja Group, the UAE’s Etihad Airways, Germany’s Lufthansa, Singapore Airlines...