Page 3737 - Company News

DHFL impact pinches FMP investors; UTI MF takes 100% markdown

Close to a dozen FMPs of Reliance MF and UTI MF - which have exposures to DHFL - are maturing in the next three months

Embassy to ride on Indiabulls to foray into Mumbai, NCR realty markets

Blackstone may see Embassy as an excellent vehicle for spreading its wings across cities in the future but for now the Indiabulls deal does more than that

Embassy group to acquire 28% promoter stake in Indiabulls realty arm

Indiabulls realty arm Indiabulls will exit realty; Embassy will become a pan-India player

RBI rate cut not likely to boost corporate lending, private sector's capex

Historically, there has been no correlation between growth in bank credit to industry and lower benchmark interest rate

Bengaluru firm Team Indus to design and build moon lander for NASA

NASA has selected three commercial moon-landing service providers to deliver science and technology payloads under CLPS

Bharat Forge forms JV with Germany's Refu Electronik for EV components

Bharat Forge will hold 50 per cent stake in the JV by making an investment of 11.35 million euros

Dewan Housing awaits money from Blackstone to avert payments default

Dewan is behind schedule in meeting debt obligations as it missed paying Rs 960 crore of interest that was due Tuesday.

Nippon Life makes open offer to acquire 23% stake in RNAM for Rs 3,179 cr

Reliance Capital has already signed the binding definitive agreements with Nippon Life Insurance of Japan

Instagram leak to online frauds, Indian firms have a 'cyber battle' ahead

India was the second-most-affected country for targeted cyberattacks between 2016 and 2018

Swiggy's sustenance: A diet of customer loyalty and logistics

If sources are to be believed, Swiggy may soon close another large funding round of around $500-700 million led by SoftBank, with participation from existing investor Naspers

Market share shrinks for ACC, Ambuja

Both companies have been shying away from infrastructure contracts, where demand is growing

Late entrant Gucci to tighten its grip on e-commerce operations

Across the luxury goods industry as a whole, e-commerce accounts for around 10 percent of business today and should reach 25 percent of sales by 2025

That was IT! Azim Premji, the software czar who believes in joy of giving

Azim will continue to be on its board as non-executive director for five years starting from July 31, 2019

Embassy Blackstone looks to buy promoter stake in Indiabulls Real Estate

The Blackstone Embassy duo would buy promoter Gehlaut's stake in IBREL for around Rs 2,700 crore at an equity valuation of Rs 7,000 crore, reports said on Friday

British insurer Aviva overhauls UK biz, plans to cut 1,800 jobs globally

Aviva said it would make cost cuts of 300 million pounds ($380.22 million) over three years, in a statement ahead of its first investor day under new Chief Executive Maurice Tulloch

Despite growth, valuation rerating unlikely for Ujjivan Financial

Higher costs to keep earnings growth and return ratios under pressure

Paternity leave to no probation: Is Zomato one of the best places to work?

Introducing best-in-class HR policies to retain talent may well be Deepinder Goyal's attempt at acquiring a competitive edge

Azim Premji steps down as Wipro chairman, son Rishad to take over the reins

Azim will continue to be on its board as non-executive director for five years starting from July 31, 2019

Amazon pumps in Rs 2,800 crore into India unit after its exit from China

In December last year, Amazon invested Rs 2,200 crore into its Indian entity

Wipro founder Azim Premji's legacy a reflection of his business acumen

As he decides to retire now, Premji's second plan seems to unveil in its true earnest