Competition Commission of India has approved Dilip Shanghvi’s deal with Suzlon
The Competition Commission of India has cleared Dilip Shanghvi’s proposed Rs 1,800 crore stake buy in Suzlon Energy, the wind turbine maker. The deals was...
Category : Latest News
On MAT dues the IT department will not take any coercive actions against FIIs
The Finance Ministry, a day after government’s announcement of setting up a high level panel under the Law Commission Chairman A P Shah, has decided...
NTPC aims to issue Re denominated Global INR Bonds worth $1 billion
NTPC is planning to raise rupee denominated ‘Global INR’ bonds worth USD 1 billion for the purpose of financing its capital expenditure. “NTPC is planning...
Punjab National Bank net profit down 62% in Q4
The Punjab National Bank has reported 62 per cent decline in its standalone net profit to Rs 306.56 crore in the fourth quarter ended March...
Siemens going to cut more 4,500 jobs
Siemens AG, the industrial firm has announced on Thursday that it will cut an additional 4,500 jobs after planning to eliminate 7,800 jobs worldwide announced...
India likely to achieve highest GDP growth of 7.9% over next 8 years
According to the report of Center for International Development (CID) at Harvard University “after decades spent trailing the growth of its northern neighbor and economic rival,...
Micromax plans to invest USD 400 million to pick up stake in 20 start-ups
On Thursday the handset maker Micromax said that it will invest up to USD 400 million this year to pick up stake in at least...
ArcelorMittal reported net loss of $728 million in Q1
World’s largest steel company ArcelorMittal has reported a net loss of $728 million on Thursday for the first quarter ended March 31. “The company, controlled...
Equifax has appointed HSBC’s Manish Sinha as the new India head
Manish Sinha has been appointed by the credit information company Equifax as the new managing director and the country head for India. Equifax India is...
LinkedIn has crossed 30 million member mark in India
On Thursday the professional networking site LinkedIn said that it has crossed 30 million user mark in India. LinkedIn has more than 364 million members...