Business Today

L&T makes Rs 10,733 crore bid to buy majority stake in Mindtree

Calling this a strategic fit, S N Subrahmanyan, CEO & Managing Director said that, this acquisition is part of our strategy to deliver industry-leading IT services to our clients worldwide.

Ericsson case: Mukesh Ambani bails out RCom, Anil Ambani thanks Mukesh and Nita Ambani

"The requisite payment of Rs 550 crore and interest thereon to Ericsson has been completed today in compliance of the judgment of the Supreme Court," a RCOM spokesperson stated.

Fugitive billionaire diamantaire Nirav Modi to be arrested soon, UK court issues warrant

A provisional arrest warrant against Nirav Modi, a prime accused in the multi-crore PNB scam, has been issued by the Westminster court in London. However, strict civilian laws in the United Kingdom might allow him to get bail instantly.

NCLAT approves Essar Steel takeover bid by ArcelorMittal, directs NCLT to go ahead with Rs 42,000 cr payment

A two-member bench headed by Justice S J Mukhopadhaya directed ArcelorMittal to deposit the amount with the Committee of Creditors (CoC).

Mukesh Ambani's Reliance Industries biggest gainer in market cap in FY19

Reliance Industries gained Rs 2.8 lakh crore so far in this financial year and TCS added Rs 2.3 lakh crore.

 
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Sluggish Growth

The CSO has also reduced its growth estimates for the year to 7.0 per cent, from the 7.2 per cent estimated earlier.

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