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Seven Indian employees of ILFS have reportedly been held hostage by Ethiopian staff because of non-payment of salaries. from Moneycontrol Business News https://ift.tt/2zJ4l3x

Seven Indian employees of ILFS have reportedly been held hostage by Ethiopian staff because of non-payment of salaries. from Moneycontrol Business News https://ift.tt/2PeaBoG

The company sold a total of 1,53,539 units in November 2018 against sales of 1,54,600 units in the month of November 2017. from Moneycontrol Business News https://ift.tt/2Pbv1P2

Lawyers for the investors had estimated that the maximum they could have recovered was $147 million. from Moneycontrol Business News https://ift.tt/2FRe0u2

With an aim to recognise developers and other service providers in the real estate across India, the second edition of International brand equity real estate Awards 2018 was held recently in Goa, India. A group of expert’s speakers had a conversation on varied topics like opportunities and projections; projects in pipeline and market opportunities; recent developments and key risk in real estate sector demand outlook for real estate sector and so on. The International Brand Equity the Best Real Estate Brands Awards India focuses on India development and aims to recognize developers and other service providers in the real estate across India, Asia and Middle East. The process of choosing winners begins with inviting entries. Builders, developers, property advisors, IPCS, brokers, realtors, and so on, send in their entries for the awards. Gaurav Singh, Head Events, International Brand Equity said that the nomination process attracted a lot of interest from developers and real estate ...

The EY FutureConsumer.Now imperatives are a result of qualitative research work with more than 200 business leaders, futurists and professionals from a variety of different industries for over a year from Moneycontrol Business News https://ift.tt/2PacaUx

Watch this video to understand the benefits of investing in ELSS and more. from Moneycontrol Business News https://www.moneycontrol.com/news/business/the-moneycontrol-show-|-elss-tax-saving-ideas-empowering-psu-bank-ceos-market-strategies_11791681.html

Shares of Microsoft rose 0.6 percent to end the week at $110.89, putting its market capitalisation at $851.2 billion. from Moneycontrol Business News https://ift.tt/2E7fOgL

Trump has slapped punishing tariffs on more than $250 billion in Chinese imports so far this year, demanding that Beijing end allegedly unfair trade practices. from Moneycontrol Business News https://ift.tt/2Qvz6Cp

The leaders of the three countries agreed on a deal in principle to replace the NAFTA, which governs more than $1.2 trillion of mutual trade. from Moneycontrol Business News https://ift.tt/2zwoZDx

Xi also indicated greater trade in the pharmaceuticals sector between China and India. from Moneycontrol Business News https://ift.tt/2reGZ0T

70 poker players would be felicitated at the poker awards in Mumbai on Saturday. from Moneycontrol Business News https://ift.tt/2FQaFvg

In a regulatory filing on Friday, the company said that its 23rd Annual General Meeting (AGM) will be held on December 22, to seek shareholders#39; nod on appointment of Balesh Sharma as the Chief Executive Officer of the company for a period of five years with effect from August 31, 2018. from Moneycontrol Business News https://ift.tt/2rfTKZc

In a ruling by Justice Phillips in the court#39;s Business and Property division on Wednesday, the 13 Indian banks were given permission to use certain information disclosed in court as part of a worldwide freezing order (WFO) against the 62-year-old businessman in an unrelated case involving the sale of a luxury superyacht believed to be previously owned by Mallya before he abandoned it last year. from Moneycontrol Business News https://ift.tt/2QmAK9B

The company has already filed a patent for engineered speciality cement, Executive Director Sujit Ghosh said. from Moneycontrol Business News https://ift.tt/2r9sjjE

Oppo, which competes against brands like Xiaomi and Samsung among many others, said that its India MD Yi Wang#39;s exit from his role was a "mutual decision" and that the company will announce his successor at "an appropriate time". from Moneycontrol Business News https://ift.tt/2BIZAbq

Kayezad E Adajania examines the tax benefits of ELSS, and discusses the advantages of investing in it over other small saving schemes like PPF, or National Saving Certificate. from Moneycontrol Business News https://www.moneycontrol.com/news/business/managing-moneymoneycontrol-|-investelss-to-save-tax_11791001.html

Kayezad E Adajania examines the tax benefits of ELSS, and discusses the advantages of investing in it over other small saving schemes like PPF, or National Saving Certificate. from Moneycontrol Business News https://www.moneycontrol.com/news/business/managing-moneymoneycontrol-|-investingelss-to-save-tax_11791001.html

Life Insurance Corporation (LIC) has generated a total valuation surplus of Rs 48,444.82 crore for fiscal 2018, which is 10.1 percent higher than what it had generated in the previous fiscal, the Corporation said in a statement Friday. from Moneycontrol Business News https://ift.tt/2rfRMrE

It expects to further boost its market by targeting the destination cities, which has been witnessing double digit growth during the fourth quarter of the year. from Moneycontrol Business News https://ift.tt/2Q1vqc4

OnePlus, which had entered the Indian market in 2014 with Amazon as its e-commerce partner, usually launches two devices a year unlike other players that play across various price categories. from Moneycontrol Business News https://ift.tt/2RoIaGp

The Union Steel Minister, who visited SAIL#39;s Alloy Steel Plant (ASP) at Durgapur in West Bengal said that the unit is geared up to become profitable from next year, the steel ministry said in a statement. from Moneycontrol Business News https://ift.tt/2BIuMaU

The state government will set up organic production clusters in all the 24 districts to promote organic farming, Das said. from Moneycontrol Business News https://ift.tt/2KKD7gR

Private rented sector specialist PRS REIT has acquired four new sites across the North West with plans to deliver 464 new family rental homes for a gross development cost of £68.2m. from Property Week - Latest Residential News https://ift.tt/2zyvHsN

This rate is higher than the rating agency#39;s previous expectation of 2.2x (times), shrinking the already-low headroom for OIL#39;s #39;BBB-#39; standalone credit profile as Fitch#39;s current negative rating norms for net leverage is 2.5 times. from Moneycontrol Business News https://ift.tt/2Ay6YEA

Civitas Social Housing and Triple Point Social Housing have been hit by news that one of their tenants, Westmoreland Supported Housing, has been given a ‘non-compliant’ rating for viability and governance by the regulator. from Property Week - Latest Residential News https://ift.tt/2PaKmQ7

"We would like to bring to your notice that the said development had happened on September 26, 2018. SBI had announced this development on the same date," SBI said in a statement. from Moneycontrol Business News https://ift.tt/2KITACh

Fulphila, a biosimilar Pegfilgrastim, jointly developed by Biocon and Mylan, has been approved in European Union (EU), Biocon said in a regulatory filing. from Moneycontrol Business News https://ift.tt/2BJpk7B

The company opened its 500th store in the Indian subcontinent in Delhi on Friday. It operates 422 stores in the country. from Moneycontrol Business News https://ift.tt/2Sm1ioK

Banks need to find ways to cut through vast stores of data and figure out actionable information that will keep their customers. from Moneycontrol Business News https://www.moneycontrol.com/news/business/banking-transformation-–-the-cognitive-way_11789981.html

The company#39;s food delivery services are currently present across 93 cities and lists over 75,000 restaurants on the platform, Zomato said in a statement. from Moneycontrol Business News https://ift.tt/2FOzR5j

The bank raised the fund from a group of domestic investors which included mutual funds, banks, insurance companies and non-banking finance companies. from Moneycontrol Business News https://ift.tt/2rckutp

The company is currently associated with over 75,000 restaurants in India and has 1,50,000 delivery partners. It plans to hire 5,000 more delivery partners. from Moneycontrol Business News https://www.moneycontrol.com/news/business/65zomato39s-revenue-comesfood-delivery-service _11789721.html

NULL from Moneycontrol Business News https://ift.tt/2SlzwbQ

According to a source, Pimple is serving his notice period at Reliance Mutual Fund. Where he is headed next is unknown from Moneycontrol Business News https://ift.tt/2PaUJmO

Levels of central bank capital amounting to about 3 per cent of GDP are not uncommon. from Moneycontrol Business News https://ift.tt/2zwVmlP

The said section of the 1,856-km Eastern Dedicated Freight Corridor (EDFC) was inaugurated Thursday and the Dedicated Freight Corridor Corporation of India limited (DFCCIL) conducted a trial run of freight train Friday. from Moneycontrol Business News https://ift.tt/2AENSwW

The formal appointment of the new managing director will be made at the company#39;s board meeting scheduled for January 22, 2019, TKM said in a statement. from Moneycontrol Business News https://ift.tt/2TY3zrH

Ghosn, 64, has been detained in Tokyo since his Nov 19 arrest, and authorities on November 30 approved the maximum 10-day extension of his detention, Japanese media said. from Moneycontrol Business News https://ift.tt/2E5HuCY

The company is eyeing the growing hospitality business and new hotels coming up in the luxury and budget segment across the country to boost its business in the segment. from Moneycontrol Business News https://ift.tt/2FPHiJw

Specialist lender Octopus Property has backed developer London Green and Orlandis Capital with a £12.6m senior loan to fund the acquisition of an office building with permitted development on the Isle of Dogs. from Property Week - Latest Residential News https://ift.tt/2DTdXeU

"The board of directors of the company...approved the allotment of 64,00,000 equity shares of face value Rs 10 each to Gujarat Fluorochemicals Ltd, the holding company, (promoter) at the issue price of Rs 250 per equity share, including a premium of Rs 240 per equity share, aggregating to Rs 1,60 crore," Inox Leisure said in a BSE filing. from Moneycontrol Business News https://ift.tt/2rd4p6J

The company has launched the product after having received approval from the US Food and Drug Administration (USFDA) earlier, Lupin said in a regulatory filing. from Moneycontrol Business News https://ift.tt/2TYjkyP

Kim, who is currently senior vice president, head of Business Operations Strategy Division at Hyundai Motor Company, will take over from incumbent Y K Koo. from Moneycontrol Business News https://ift.tt/2AwVSQc

The bank#39;s board on January 13, 2018 had approved a composite scheme of amalgamation of Capital First, Capital First Home Finance and Capital First Securities (collectively referred as amalgamating companies) with IDFC Bank (amalgamated company). from Moneycontrol Business News https://ift.tt/2zy6P4p

The company further said it will undertake a two-week production pause at the plant in December and has asked 500 workers to stay at home although they would continue to draw salaries during the period. from Moneycontrol Business News https://ift.tt/2SfAtT4

"The board of directors of the bank, have by circular resolution... approved the raising of tier II capital by issue of tier II Basel III compliant bonds for an issue size of Rs 200 crore with green shoe option of additional Rs 100 crore aggregating Rs 300 crore in one or more tranches on a private placement basis," Indian Overseas Bank said in a regulatory filing. from Moneycontrol Business News https://ift.tt/2QuW2le

GEECL#39;s coal-bed methane (CBM) block may hold as much as 6.63 Trillion cubic feet (Tcf) of shale resources, of which about 1.7 Tcf can be recovered, he said. from Moneycontrol Business News https://ift.tt/2DSbbq6

Commodity cost pressure has also abated since then and this bodes well for the future trajectory of growth, said Shibani Kurian of Kotak Mahindra Asset Management from Moneycontrol Business News https://ift.tt/2E5yVYQ

The IPO is aimed at providing the group with funds to pay down debt and place big bets on innovations that chief Executive Masayoshi Son predicts will drive future tech trends. from Moneycontrol Business News https://ift.tt/2SlysEK

The deals which will go live on November 30 include Rs 1500 cashback on all Citibank credit and debit cards on the purchase of the OnePlus 6T. from Moneycontrol Business News https://ift.tt/2FMDedi

He expects the equity market to remain volatile responding to incoming events and data from Moneycontrol Business News https://ift.tt/2zxs4Dm

The company wants to manufacture appliances domestically for the Indian market from Moneycontrol Business News https://ift.tt/2PZZULH

Trump argues that the massive balance of trade in China#39;s favour is not sustainable for the American economy. from Moneycontrol Business News https://ift.tt/2Q3OarH