Mumbai: Reliance Retail has officially announced that it has truck a valuation of Rs 4.285 lakh crores. That, after back to back investments from Silver Lake, General Atlantic and Mubadala. On Thursday, Reliance announced in a filing report of Abu Dhabi's Sovereign Fund - Mubadala, agreeing to...
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Mumbai: Consumer spending may have improved in the last month. On Thursday, Bajaj Auto released sales report for the month of September.Numbers are encouraging for Two-wheeler sales. In fact they suggest that sales in Sept'19 grew by a healthy margin on a year-on-year basis.According to the company,...
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Mumbai: Indian domestic stock indices recorded a favourable Thursday. The thirty-scrip sensitive BSE Sensex was up by 629 points.The positive trend was attributed to favorable cues from global markets. Uptick in exports and business confidence in September helped contribute to the growth for the ind...
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<b>Mumbai:</b> Guru-Dakshina is the most sweetest and purest token of love and appreciation, a student gives to his Teacher or Guru.The story of Ekalavya's Guru-Dakshina to Dronacharya is an apt narration of the Guru-Shishya relationship. IDFC First Bank's Managing Director and CEO showe...
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San Francisco: The US Securities and Exchange Commission on Monday has charged the Bohras, husband-wife duo of Viky and Laksha Bohra, former employees of Amazon, for exchanging crucial stock-related information. The committee observed that the Bohra couple along with Gotham Bohra (father of Viky) wr...
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Ahmedabad: Pharma major Zydus Wellness on Tuesday announced of having raised Rs 649.97 or Rs 650 crores.Zydus informed exchanges that it did so by issuing equity shares to qualified institutional buyers (QIBs).The QIBs were subscribed by SBI Small Cap Fund, Aditya Birla Sun Life Trustee, SBI Large a...
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New Delhi: The Finance Ministry is exploring a proposal that involves halving the cess charged on domestic production or refining of crude oil.The proposal seeks halving cess from 20 percent (currently) to 10 percent. If accepted, reduction in cess could make gasoline prices cheaper in the country. ...
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Mumbai: The dispute between Shapoorji-Pallonji Group and the Tatas has resulted in the latter exploring ways to raise money to provide an exit to the former.The Pallonji Group, a key investor in Tata said that it wanted to end the seven-decade relationship as an investor on September 22. It is said ...
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The coup at Lakshmi Vilas Bank during the last week has received an update from the Reserve Bank of India.On Monday, the RBI is reported as having approved a three-member committee of directors tasked with running the day-to-day functioning of the bank.The cash-starved bank's shareholders rejected a...
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The coup at Lakshmi Vilas Bank during the last week has received an update from the Reserve Bank of India.On Monday, the RBI is reported as having approved a three-member committee of directors tasked with running the day-to-day functioning of the bank.The cash-starved bank's shareholders rejected a...
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