Page 3547 - Company News

Ebix acquires corporate travel business of cash-trapped Cox & Kings

The company said it has signed a deal with Cox & Kings to transfer it's business travel agreements with corporates in India with EbixCash's Mercury Travel division

Religare Finvest duping public to cover up huge fraud: Lakshmi Vilas Bank

Lender says it will cooperate with probe agencies and regulatory authorities to expose RFL's attempt to shield its own office bearers, who LVB claims perpetrated the fraud

Accenture earning, record order bookings hint at good time for IT sector

Accenture, which follows a September-August accounting year, has seen record bookings of $12.9 billion in Q4

How the cookie crumbled for CG Power, once the cash-cow of Avantha group

The electrical machinery major is fighting to keep the business going amidst scrutiny of allegations of cash-stripping by the promoter group

Japan's Nippon Life becomes sole sponsor of RNam, raises stake to 75%

With this transaction, Japan-based Nippon Life's gross investments in RNam is now over Rs 7,800 crore

New promoter norms may bring down the liability for some stakeholders

Clarity on existing definitions of ownership could also be under review, believe experts

Corporate tax cut to boost Coal India's earnings, but overhangs remain

While lower tax rate and attractive valuations are positives, concerns on volumes, lower e-auction realisations and divestment could weigh on the stock

Facebook to tap Indian engineering pool, invest directly in tech start-ups

A few months ago, social media giant had made a minority investment in a company called Meesho, its first investment globally

Delhi HC agrees to hear PIL seeking SIT probe into Indiabulls Housing

PIL alleges fund diversion, accounting irregularities at Indiabulls, seeks SIT probe into the company, HC issues notice

Twitter co-founder Biz Stone to invest undisclosed sum in Kerala start-up

Recipient firm Sieve is a platform for freelancers and agencies to offer end-to-end business solutions for enterprises

HC seeks govt, RBI reply on plea for probe into fund 'misuse' by Indiabulls

The court listed the matter for further hearing on December 13

Maruti Suzuki slashes ex-showroom price of Baleno RS by Rs 100,000

The model now starts at a price of Rs 7,88,913 (ex-showroom Delhi)

ICICI Bank stock a good bet, but look out for retail non-performing assets

With the Street getting a tad cautious on HDFC Bank and SBI, market interest is moving towards ICICI Bank

Hyundai Foundation to invest Rs 15 L in social ideas developed by students

The H-Social Creator Programme was first instituted by Hyundai Motor Company in South Korea in 2015

YES Bank promoter Rana Kapoor sells 1.8% stake to prepay NCD outstanding

In September 2017, YCPL headed by YES Bank Promoter Rana Kapoor had placed rated zero-coupon NCDs amounting to Rs 630 crore with Franklin Templeton

From Deepika Padukone to Aamir Khan, celebrities walk the start-up lane

This year alone, at least half a dozen movie celebrities and sports stars like Aishwarya Rai Bachchan, Sunil Shetty, Akshay Kumar and M S Dhoni have pumped in money into start-ups

India braces for LPG supply crisis after terror attack on Saudi Aramco

Delivery of cylinders is taking around 10 to 15 days in some of the states

Fairfax Financial Holdings sells 5% in ICICI Lombard for Rs 2,562 crore

This comes after the insurance regulator, earlier this month, relaxed the five-year lock-in rule for Fairfax's stake in ICICI Lombard, which was scheduled to end in March 2021

Lower corporation tax rates add colour to paint sector's prospects

Earnings upgrades apart it could lead to higher volumes of premium decorative paints

Strong order pipeline, better margins accelerate Bharat Electronics stock

For FY20, the firm has generated orders worth Rs 9,000 crore. Achieving its full-year guidance of Rs 15,000 crore may now not be difficult, say analysts