Post the acquisition, RFL has become a wholly-owned subsidiary of the company from February 28, it said in a BSE filing. from Moneycontrol Business News https://ift.tt/32Acnc6
The world#39;s largest miner had produced 58.05 million tonnes in the corresponding month a year ago. from Moneycontrol Business News https://ift.tt/2wYbHS5
The company will also seek nod for divestment of entire equity stake in GMR Kamalanga Energy Ltd held by GMR Energy Ltd, a subsidiary of the firm. from Moneycontrol Business News https://ift.tt/2weORoP
While the RBI#39;s repo rate remains unchanged at 5.15 percent, the three-month MIBOR (Average) has reduced to 5.75 percent from 6.15 percent. from Moneycontrol Business News https://ift.tt/2I9V9IU
Reliance had jointly with JM Financial Asset Reconstruction Co Ltd bid for acquiring Alok Industries that was auctioned under the insolvency and bankruptcy law by lenders to recover their unpaid loans. from Moneycontrol Business News https://ift.tt/2TabjIU
Former Jammu and Kashmir Chief Minister and National Conference president Farooq Abdullah has been questioned by the Enforcement Directorate in the case. from Moneycontrol Business News https://ift.tt/2I8qcVL
The company said it calculated the liabilities on self assessment basis till December 31, 2019 and the payment includes interest up to February 29, 2020. from Moneycontrol Business News https://www.moneycontrol.com/news/business/agr-dues-|-bharti-airtel-pays-additional-rs-8004-cr-claims-compliancesc-judgement_13539481.html
Moneycontrol, Sakshi Batra gets in conversation with Amit Singhania, Partner at Shardul Amarchand Mangaldas, to find out more about investors’ small savings schemes. from Moneycontrol Business News https://www.moneycontrol.com/news/business/managing-moneymoneycontrol-|-will-absencetax-benefits-make-small-saving-schemes-less-attractive_13539381.html
Stock market crashes on February 28 with benchmark indices to nearly 5-month low. Here are the 10 biggest day crashes in a decade in Sensex history. from Moneycontrol Business News https://ift.tt/2HZLTau
This is being done in tune with the decision of World LPG Association to have at least 50 per cent of LPG from bio mass, including vegetable waste, by 2040, S S V Ramkumar said. from Moneycontrol Business News https://ift.tt/2I0QQj5
During his decade long stint at IndusInd Bank, Kathpalia is credited for building its consumer banking business and diversifying it to industry beating performance over years from Moneycontrol Business News https://ift.tt/384nJpF
"The bank has executed a share purchase agreement for sale of its equity stake of 0.206 percent in National Stock Exchange," it said in a regulatory filing. from Moneycontrol Business News https://ift.tt/2TqEXZh
Such a step by Reliance, which operates the world#39;s biggest refining complex, and Nayara - part owned by Russian oil major Rosneft - would severely curtail purchases by one of Venezuela#39;s last big export destinations. India accounted for about a third of Venezuela#39;s oil shipments in January. from Moneycontrol Business News https://ift.tt/3agHziX
The largest oil supplier has spent over Rs 17,000 crore to upgrade its refineries to produce the low-sulphur diesel and petrol, the company#39;s chairman Sanjiv Singh told reporters here. from Moneycontrol Business News https://ift.tt/32B2HOg
However, the clearance is subject to specific conditions stated in an approval letter and sector specific general conditions as per the Ministry of Environment, Forest and Climate Change#39;s Office Memorandum, KIOCL said in a filing to BSE. from Moneycontrol Business News https://ift.tt/2Ta8is9
During his decade long stint at IndusInd Bank, Kathpalia is credited for building its consumer banking business and diversifying it to industry beating performance over years from Moneycontrol Business News https://www.moneycontrol.com/news/business/sumant-kathpaliaveteran-banker-who-built-indusind’s-consumer-business-takes-charge_13537381.html
ICGS Varad set a record in Indian shipbuilding industry by becoming the first major defence ship to clear all sea acceptance trials in a single sea sortie, Larsen Toubro (LT) said in a regulatory filing. from Moneycontrol Business News https://ift.tt/2IfvH5b
Khara told PTI here that for India to achieve its ambition of becoming a five trillion dollar economy, it required a 10-11 percent growth rate. from Moneycontrol Business News https://ift.tt/2Vvoi9q
Airlines and airports have stepped up efforts to limit the virus spread from Moneycontrol Business News https://www.moneycontrol.com/news/business/fighting-coronavirus-|-airlines-ask-crew-to-avoid-meat-shaking-hands-airports-install-thermal-cameras_13537041.html
"The company is considering raising of funds through various options of borrowings including by way of issue of debt securities in onshore/offshore market by public issue and/or private placement basis and commercial papers," Shriram Transport Finance company said in a filing to BSE. from Moneycontrol Business News https://ift.tt/2TmzylN
In a regulatory filing, NTPC said the 250 megawatt (mw) unit of Barauni Thermal Power Station Stage-II (2 x 250 MW) is declared on commercial operation with effect from March 1, this year. from Moneycontrol Business News https://ift.tt/2wUL7t4
Officials from the Department of Telecommunications (DoT) have asked India’s two MNP service providers – Syniverse Technologies India and MNP Interconnection Telecom Solutions India – for the number of requests they can process in a day from Moneycontrol Business News https://www.moneycontrol.com/news/business/vodafone-idea-agr-crisis-|-dot-drawscontingency-plans-evaluates-mobile-number-porting-capacity-report_13536721.html
"We wish to inform that the 8th CoC meeting of Jet Airways (India) Ltd was held on February 18 and in the e-voting concluded on February 25, the CoC passed the resolution to issue fresh Invitation of EoI (Round) for the corporate debtor," Jet Airways said in BSE filing. from Moneycontrol Business News https://ift.tt/3cggqyE
As previously advised to the exchanges, the bank#39;s Nomination and Remuneration Committee and the board had considered and submitted the name of a potential candidate for the role of MD and CEO to the Reserve Bank of India (RBI), seeking approval for the appointment, it said in a release. from Moneycontrol Business News https://ift.tt/2Tk6wU5
Labelled Ka-ching, the card will offer many benefits like complimentary air tickets, lounge access, 5 per cent cashback or reward points on Indigo bookings, and 3 per cent cashback on dining, grocery and entertainment, the companies said. from Moneycontrol Business News https://ift.tt/398vlsC
It further said the issued and subscribed share capital of the company has consequently "increased to Rs 21,29,44,27,185, divided into 4,25,88,85,437 equity shares of Rs 5 each". from Moneycontrol Business News https://ift.tt/2w8XRMn
"... I have no comment to offer on IndiGo banning me for 3 months instead of the 6 months now," Kamra said in a Facebook post on Thursday. from Moneycontrol Business News https://ift.tt/3cjyhF4
The plane, which has the registration number VT-TSD, will depart from the Boeing facility here at 2 pm (local time) on Friday and land in Delhi at 2 pm (local time) on Saturday, Vistara officials said here. from Moneycontrol Business News https://ift.tt/3aaZTtV
The 22-storey residential scheme known as Brill Place is the first for the Paladin LBS UK Residential Fund from Property Week - Latest Residential News https://ift.tt/2wOSmT7
Ravi Saxena, Managing Director, Wonderchef, said that they while the product portfolio will remain the same, the company may need to build combination products that are more relevant to certain markets. from Moneycontrol Business News https://ift.tt/394PTSP
FCA is working on battery powered vehicles at the international level and those products could be brought to India from Moneycontrol Business News https://ift.tt/2uvILjk
The car can be booked against a fee of Rs 1 lakh and a limited 200 units of the model 245 will be sold exclusively through its centralised platform https://ift.tt/2Tx90P9, the company said in a statement. from Moneycontrol Business News https://ift.tt/3a8Z6cT
"Unicorn was the first motorcycle introduced by Honda in India. Since its launch, it has always been the benchmark when it comes to engine refinement and smooth performance," HMSI President, CEO Managing Director Minoru Kato said. from Moneycontrol Business News https://ift.tt/2Vt8pk6
The licensing pact for Ryaltris has been signed between the company#39;s Swiss subsidiary, Glenmark Specialty SA and Hikma Pharmaceuticals PLC (Hikma). from Moneycontrol Business News https://ift.tt/2ThlUk5
As a part of this association, Motomundo SA will facilitate the sales and service of TVS products across all Motomundo stores in the country in a phase-wise manner, the company said in a statement. from Moneycontrol Business News https://ift.tt/2T0PgnL
Sharma replaces Jairam Sridharan, who has resigned as the group executive and CFO of the bank, with effect from the close of business hours on March 5, it said. from Moneycontrol Business News https://ift.tt/32urHqF
The objective of the forum is to further trade and establish a strong automotive industry in South Asia, Society of Indian Automobile Manufacturers Association (SIAM) said in a statement. from Moneycontrol Business News https://ift.tt/2Pv3vPx
The plunge comes in the backdrop of a slowing global economy that has been crippled by coronavirus, COVID-19, which is slowly turning into a global pandemic. from Moneycontrol Business News https://ift.tt/38ZjXiN
A three-member bench of the NCLAT released Flipkart from the corporate insolvency resolution process and directed the Interim Resolution Professional (IRP) appointed by NCLT to handover the records and assets of the company back to its promoter immediately. from Moneycontrol Business News https://ift.tt/3923NW0
"Banks are currently unwilling to take any risk with respect to the telecom sector and are constantly asking telecom service providers to reduce their exposures by refusing to issue new bank guarantees or even to renew bank guarantees," COAI Director General, Rajan Mathews said in a letter to Telecom Secretary Anshu Prakash. from Moneycontrol Business News https://ift.tt/2I0B3ko
Since depositors and bondholders form a sizeable chunk, they are represented in the CoC. The RBI-appointed administrator has admitted claims of Rs 86,374 crore from all classes of creditors from Moneycontrol Business News https://ift.tt/2TiEoAL
According to market participants, the payout is to reduce the tax burden of promoters who will have to pay tax of over 40% from April onwards from Moneycontrol Business News https://ift.tt/3cd6xBO
The search committee has been told there are strong internal candidates, but they can look for talented external candidates as well, Puri said from Moneycontrol Business News https://ift.tt/3aaeQww
Moon Capital Management has asked for a seat on the company’s board citing concerns over group debt, corporate governance and strategy from Moneycontrol Business News https://ift.tt/32tvbcO
Cook said Apple would start selling its products online in India this year and will open its first Apple-branded store there next year. from Moneycontrol Business News https://ift.tt/2TpzZfs
The company#39;s board has approved an issuance of compulsorily convertible preference shares in the company worth Rs 1,080 crore to an affiliate of Warburg Pincus, Apollo Tyres Ltd said in a statement. from Moneycontrol Business News https://ift.tt/2IbRwm9
In a statement on Wednesday, the airline said it has made temporary adjustments to selected services to/from Bangkok and Singapore for March. from Moneycontrol Business News https://ift.tt/2HVTZkr
Lodha Developers International Ltd, a subsidiary of Mumbai-based Lodha group, proposes to offer USD 225 million aggregate principal of senior secured notes due 2023. from Moneycontrol Business News https://ift.tt/32xddXa