Page 67 - Dev Chatterjee

Tata Steel to cut 2,500 jobs in Europe to save $930 mn in costs: Report

The worker union said it will intervene in the matter considering that the Dutch operations are profitable

Promoters sell 22% stake in Bajaj Consumer Care for Rs 700 crore

With this transaction, the promoters' stake will fall to 38 per cent and their pledged stake will come down to zero from 63 per cent

Tata Sons plans to reduce debt, step up investments with TCS dividend

Tata Sons is planning to invest Rs 580 crore more in Tata Realty and Infrastructure by March 2020

YES Bank stock falls 15% as investors worry over HDIL, DHFL exposure

According to a report, YES Bank had an exposure of Rs 3,700 crore to DHFL - which has also defaulted on its loans

PMC Bank helped real estate developer HDIL pay off loans of other PSBs

Assisted promoters to retain control of real estate company

From ONGC to Coal India, PSUs set to pay higher dividend with tax savings

The PSU stocks, though, could see risk due to greater disinvestment for fiscal 2020, global financial firmBank of America Merrill Lynch said

Tax windfall: India Inc to increase capex spending, retire high-cost loans

Among the profit-making companies which would gain the most in absolute terms are RIL, Oil and Natural Gas Corporation, and Indian Oil Corporation

How India's new corporate tax rates compares with its Asian counterparts

The new tax rates now bring India broadly in line with its South-East Asian counterparts

Tata to invest Rs 580 cr in realty biz for new projects, debt reduction

This investment will be in addition to the Rs 1,200-crore already pumped in by Tata Sons in the loss-making subsidiary - Tata Realty and Infrastructure, till June this year

Tata group eyes private equity investor in financial services business

TCFSL's net interest margins (NIMs) declined to 4.62% in FY19

ArcelorMittal's funding fails to lift Uttam Galva Steels fortunes

Mittal's payment to banks came after the Supreme Court asked the company to pay overdues

Indiabulls Housing stock slides 5% on allegations of fund diversion

Indiabulls said similar allegations were already filed under various individual names in July 2019

Adani takes Bidvest to HC over Mumbai International Airport stake sale

The South African company has a 13.5% stake in Mumbai International Airport (MIAL)

Shareholders of Tata Sons approve a proposal for 1000% dividend

The 1,000% dividend will help Tata Trusts, which owns 67 per cent in Tata Sons, to invest in charitable activities. The total dividend outgo will be Rs 404 crore

Falling share prices likely to hit Centre's disinvestment target

Investment bankers said the falling share price of PSUs would mean that the government would not only miss the disinvestment target but also not get good valuation

Anil Agarwal, Mukesh Ambani join suitors' list for acquiring RCom assets

RCom referred itself to the NCLT for insolvency proceedings after it failed to repay its debt worth Rs 45,000 crore

Tatas to infuse more funds into financial services firms TCFSL and TMFL

Total assets of financial services subsidiary cross Rs 110,000 crore

Payment fraud registry to alter the way customers take to digital channels

Part of the problem is the manner in which eco-system participants on-board and service customers

Vistara loss doubles to Rs 831 crore amid tough operating environment

Vistara will deploy 50% of its capacity on international routes in the next five years

Aditya Birla Group raising Vodafone Idea stake through open market

Market price of Rs 5.5 a share gives opportunity to Birla Group to mop up shares from the stock markets.