ITC in talks with Century to buy its paper business
The largest cigarette maker ITC is in the talks with Century Textile and Industries to buy its paper business in a bid to diversify revenue...
Category : Latest News
To hike foreign holdings, Kotak Mahindra Bank seeks FIPB nod
The private sector bank, Kotak Mahindra is seeking FIPB approval to hike the the foreign investment in the entity to 55% the reason behind is...
Wipro appoints Azim Premji’s eldest son Rishad in the Board
The country’s third largest software services exporter Wipro has elevated Rishad Premji who is the eldest son of the company’s founder Azim Premji to its...
Adani power concludes acquisition of Lanco Infra Udupi plant
In one of the largest acquisition of thermal power in the country, Adani Power Ltd (APL) said that it has completed the acquisition of Lanco...
Daiichi Sankyo exits Sun Pharma entirely
The Japanese drug maker Daiichi Sankyo has sold its entire holding in Sun Pharmaceutical Industries for an estimated Rs 20,420 crore. Daiichi in a statement...
India is going to auction 69 oil fields owned by ONGC, Oil India
The Oil secretary of the country said on Tuesday that, India will soon auction 69 marginal oil and gas fields which are owned by state...
Havells acquires the controlling stake of Promtec
On Monday the leading electrical goods maker Havells India said that it will acquire 51% stake in Promtec Renewable Energy Solutions for about Rs 33...
All the medicines should be available at affordable prices: Panel recommends
The Standing Committee on Chemicals and Fertilisers recommended to bring all the medicines including the life saving ones to be sold in the country under...
HCL Technologies net profit rises 3.6% in the March quarter
On Tuesday HCL Technologies reported a 3.6% rise in quarterly net profit, lagging street estimates as margins dropped due to currency volatility. The company said in...
Shyam Telecom closes its radio signal equipment plant in Gurgaon
Shyam Telecom who is facing stiff competition from foreign telecom equipment makers, has shut down its Gurgaon based wireless signal booster manufacturing facility and outsourced...
