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Team BT
New Delhi, Edition:January 28, 2018
This is Business Today's sixth ranking of Best CEOs in India.
New Delhi, December 30, 2017
The proposal to increase the authorised share capital of the company Rs 500 crore to Rs 650 crore (dividend into 50 crores) equity shares of Rs 10 each and 15 crore preference shares of Rs 10 each of the company was approved by shareholders.
New Delhi, December 30, 2017
The government had on October 24 unveiled a Rs 2.11 lakh crore two-year roadmap for strengthening NPA-hit public sector banks. The plans includes re-capitalisation bonds, budgetary support, and equity dilution.
December 22, 2017
Reliance Infrastructure (announced the signing of a definitive binding agreement with Adani Transmission for a 100 per cent stake sale of its Mumbai power business, which includes integrated business of generation, transmission and distribution of power.
New Delhi, December 21, 2017
As part of the deal, the ATL will take control of the integrated business of power generation, transmission and distribution.
Sameer Bhardwaj
New Delhi, December 16, 2017
Not all small cap stocks are risky as some of them have high growth potential. They can be good long term bets if selected after adequate research. Out of 770 stocks of the BSE Small cap index, 599 have gained.
December 11, 2017
The NCLT on Friday suspended all the eight directors of Unitech and allowed the government to appoint 10 nominee directors to take over the real estate firm.
Team BT
Delhi, Edition:December 17, 2017
The Fairfax Group, owned by India-born Canadian Prem Watsa, is buying 51 per cent stake in Tata Business Support Services (TBSS), a Hyderabad-based BPO, for `153 crore.
BT Online
November 25, 2017
The sovereign gold bonds under the SGB 2017-18 - Series-III scheme bring in an interest of 2.50 per cent every year which is payable every six months on the initial investment.
BT Online
November 23, 2017
SBI General Insurance is a joint venture with Insurance Australia Group (IAG) and the state-run lender. Pushan Mahapatra, MD of SBI General Insurance told ET , the listing would help to meet capital requirements as the insurer was growing at a fast pace.
BT Online
New Delhi, November 21, 2017
India's third-largest IT firm has announced that it will launch its Rs 11,000-crore share buyback offer next week, on November 29.
BT Online
New Delhi, November 18, 2017
Some of the founders and high-profile former executives associated with Infosys have been calling for share buyback for quite some time now so that the surplus capital with the company could be returned to shareholders.
BT Online
New Delhi, November 14, 2017
The company had posted a net profit of Rs 2,235.14 crore for the corresponding period of the previous fiscal.
BT Online
November 15, 2017
The fund comprises leading blue-chips such as ITC (through SUUTI) with 15.2 percent weightage, State Bank of India with 8.6 percent weightage, and Axis Bank (through SUUTI) with 7.7 percent weightage.
Nevin John
New Delhi, November 13, 2017
In November so far, billionaire Mukesh Ambani promoted RIL has lost about Rs 50,000 crore on Bombay Stock Exchange (BSE). The share price fell by over 8 per cent in the first 13 days in November and closed at Rs 874.90 on Monday.
E Kumar Sharma
New Delhi, November 7, 2017
Just last month when Lupin announced an acquisition in the US in a niche therapy area, analysts pointed out that the company may have to wait for a couple of years more for benefits to accrue.
BT Online
New Delhi, October 4, 2017
In a statement released earlier today, NIXI assured its affiliates - the enterprises and organisations which were reported to be at risk - that both the system as well as their data are still safe.
BT Online
New Delhi, October 3, 2017
The unidentified hacker behind the data leak has asked for 15 Bitcoins (around Rs 41.89 lakh) for the information and is even offering network takedown of these 6,000 organisations for an unspecified amount.
BT Online
New Delhi, October 3, 2017
SBI Life's Rs 8,400-crore IPO was oversubscribed 3.58 times and the portion meant for qualified institutional buyers was oversubscribed 12.56 times. Non- institutional investors received 70 per cent subscriptions and retail investors 85 per cent.
E Kumar Sharma
New Delhi, September 27, 2017
The study also reveals that liberalisation led to the rise of SFFs in India and they were the primary drivers of accelerating growth in the services sector across the country.
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