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PTI
June 14, 2021
A day before the start of the voting process, the two contenders NBCC and Suraksha held separate webinars on Sunday with hundreds of homebuyers to explain their resolution plans and address doubts of flat owners


BusinessToday.In
June 7, 2021
Stocks in news: Tata Consumer, IndusInd Bank, PNB, MRF, Reliance Infrastructure, Dewan Housing, Bank of Baroda, Dr Reddy's and more


BusinessToday.In
June 2, 2021
Airtel's Africa deals in telecommunications and mobile money services across 14 countries in Africa. Airtel Tanzania's tower portfolio comprises around 1,400 towers, which form part of the group's wireless telecommunications infrastructure network


BusinessToday.In
May 31, 2021
The cash-strapped carmaker is expected to invite tenders by next month and is likely to submit a restructuring programme by the first week of July. Ernst & Young Hanyoung has been appointed by the court to oversee the sale process


PTI
May 29, 2021
The deadline for submission of the final bids is June 4 and resolution plans should be compliant with insolvency law and a Supreme Court judgement on March 24


Dr Srivatsa Krishna
New Delhi, May 26, 2021
While there are many critics of the government's vaccine strategy, over 75% of 18+ Indians could be vaccinated by October '21


Anupam Manur
May 20, 2021
India has taken an even more stringent option than the US by completely banning the product, while inexplicably having no extra restrictions on traditional cigarettes, which are proven to be multiple times more harmful


BusinessToday.In
May 20, 2021
Sensex ended 337.78 points lower at 49,564 and Nifty declined 124 points to 14,906


Anand Adhikari
New Delhi, May 13, 2021
The government and LIC have taken a decision to offload the equity stake in the development financial institution turned IDBI Bank to a strategic investor. But the big question is at what price the stake will be sold to a strategic investor. At the current valuations, the bank will be sold at a dirt-cheap price.  In fact, the sale should be based on the forward-looking parameters, which are very encouraging for the bank. The bank has witnessed a turnaround with the first-ever profits in the last five years. It has completely shifted from a corporate bank to a retail bank, which is much secured in terms of asset quality. The LIC-IDBI Combo offers a huge opportunity to cross-sell as the insurance giants have crores of customers.  And finally, the new buyer has to pay a control premium for acquiring a large stake and also a banking license, which is difficult to get as there are many aspirants. Anand Adikari, Executive Edtior, Business Today looks at the valuation issues surrounding the stake sale. Also Read : E-investingWatch More: How to make ARCs more effective to manage post-Covid NPAs  


Vidya S
May 12, 2021
These over-the-counter products are certified by FSSAI or Ayush ministry as they are not considered as drugs, and fall under the food supplements category.


PB Jayakumar
New Delhi, May 12, 2021
Notorious for environmental pollution and accidental death of workers in the yards till a decade ago, Alang in Gujarat is currently the greenest and safest ship-breaking hub globally. So, what changed?


Sebi Joseph
May 7, 2021
Localisation has brought in the world's best-in-class technology, enabled knowledge sharing, tech transfers, and skilling of our people, and brought in value-added products to Indian shores


BusinessToday.In
May 5, 2021
The extent of respective shareholding to be divested by the Government of India and LIC shall be decided at the time of structuring of transaction in consultation with RBI.


BusinessToday.In
April 28, 2021
To avoid such frauds, State Bank of India (SBI) has warned its customers against scanning QR codes unless the objective is to make a payment


PTI
April 25, 2021
While the sector is facing temporary headwinds, we at GoAir believe that the airline is uniquely placed with its inherent ultra-low-cost structure that has always stood us in good stead, GoAir CEO Kaushik Khona said


Nevin John
April 22, 2021
India recently advised public sector crude refining companies to scale up imports from US and Africa following Saudi's decision to raise OSP of oil shipments to Asia in May


BusinessToday.In
April 20, 2021
The hackers claim to have got access to all customer details and 18 crore order details which comprise customer's names, email IDs, phone numbers, delivery address, and payment details comprising over 10 lakh credit card details used to buy on Domino's India app


Rashi Bisaria
New Delhi, April 19, 2021
India to become No 1 electric vehicle manufacturer in world: Nitin GadkariUnion minister Nitin Gadkari on Sunday expressed confidence that lithium-ion batteries would be manufactured fully in the country in the next six months and India will become number one electric vehicle maker in the world in due course of time. Addressing Amazon's Smbhav Summit virtually, Gadkari further said that the government wants to encourage automakers to introduce flex-fuel engines in India and he is in the fina...


BusinessToday.In
April 16, 2021
Citigroup plans to focus on its non-US consumer banking operations in UAE, Singapore, London and Hong Kong as these places have a great concentration of wealth.


Reuters
April 16, 2021
Daimler, which this week unveiled an electric version of its flagship Mercedes-Benz S-Class sedan, said early on Friday that quarterly adjusted group earnings before interest and tax jumped to 5.0 billion euros ($6 billion)


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