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BusinessToday.in
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interests; Bank of Baroda, Vijaya Bank, Dena Bank stocks make major moves post merger announcement; US-China trade war: Trump imposes fresh round of tariffs on imports worth $200 bn; India delays imposition of retaliatory tariffs on U.S. goods till November 2; gold to become more expensive? Govt may hike import duty to stem rupee fall. Watch more in this episode of Business Wrap.


BusinessToday.In
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...


E.Kumar Sharma
New Delhi, September 3, 2018
Surga Thilakan quit her Goldman Sachs job to work on upskilling people for entry-level jobs with the help of technology.


P.B. Jayakumar
New Delhi, September 3, 2018
Ameera Shah turned her father's nondescript clinic into one of the largest pathology chains in India.


BusinessToday.In
New Delhi, August 29, 2018
This deal has also raised eyebrows since Buffett had long refused to invest in the tech space saying that it was too difficult to predict which tech businesses will prosper in the long run.


BusinessToday.in
New Delhi, August 28, 2018
Spicejet operates the first biojet fuel flight for the countrySpicejet's flight yesterday between Dehradun and Delhi was special. The flight was powered by a blend of 75% air turbine fuel and 25% biojet fuel. This was a first for the country which is looking for ways to cut down fuel costs.A blend of 25% of bio jet fuel and 75% of aviation turbine fuel (ATF) was carried in one of the two engines of the plane, while the other engine carried only ATF. International standards permit ...


PTI
New Delhi, August 27, 2018
Prachi Mishra, a Delhi School of Economics alumnus, pursued her PhD and MPhil in Economics from Columbia University.


BusinessToday.In
August 20, 2018
The world's largest online retailer is reportedly interested in Kumar Mangalam Birla's food and grocery supermarket chain More.


Goutam Das
August 16, 2018
The IT industry was tottering at around $6 billion in 1999-2000. It is more than a $150 billion industry now.


BusinessToday.In
August 6, 2018
The HDFC AMC stock later closed 65.01% or 715.15 points higher at 1815 level on BSE. It rose 4.38% higher than the listing price of 1739 level. The market capitalisation of the AMC on BSE stood at Rs 38,479.15 crore on the first day of its listing on the bourses.


BusinessToday.In
July 31, 2018
The IT bellwether had first replaced RIL as the most valued firm more than five years ago. And, in the bargain, Ambani's net worth has also shot up, since he holds a 44.5 per cent stake in the company.


BusinessToday.In
July 26, 2018
The mutual fund firm's Rs 2,800-crore public offer received bids for 1,93,96,884 shares against the total issue size of 1,88,04,290 shares, translating into 1.03 times subscription, as per NSE data.


BusinessToday.In
July 25, 2018
The IPO is available at a price band of Rs 1,095 to 1,100 per share. The issue size comprises 2.5 crore equity shares which includes 8,59,2,970 (4.08 per cent stake) equity shares by HDFC Ltd and 16,864,585 (7.95 per cent stake) equity shares by Standard Life Investments.


Devika Singh
New Delhi, July 20, 2018
New-Delhi based online lending platform StashFin has partnered with non-banking finanace company DMI Finance to raise Rs.30 crore for lending through their platform.


BusinessToday.In
July 17, 2018
The younger IITs are not only catching up with the older ones in terms of attracting marquee names but also in terms of the salaries being offered.


BusinessToday.in
New Delhi, July 16, 2018
The Purchasing Managers' Index in June has recorded the maximum expansion since demonetisation; demand in rural areas has outpaced the demand in urban areas in the quarter ended March, 2018; Goldman Sachs used artificial intelligence and proudly made a disastrous prediction about the World Cup. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


Reuters
July 10, 2018
A packed initial public offering (IPO) calendar in the coming months will include a $4 billion deal from online food delivery-to-ticketing services platform Meituan Dianping and an up to $10 billion IPO from China Tower, the world's largest mobile tower operator.


BusinessToday.In
July 9, 2018
The brokerage in a note said, \"Voltas currently trades at 23 times FY20E earnings per share. The stock presents an appealing opportunity to add to positions as we expect it to bounce back while we cut estimates and target price (-8.6%), still see 22% upside from current levels (target price Rs 640)\".


BusinessToday.In
New Delhi, July 5, 2018
Analysts believe that Airtel will widen losses in June quarter due to aggressive pricing by Reliance Jio on both prepaid and postpaid platforms, the sharp decline in rupee against dollar and the cut in international termination rates.


Mudit Kapoor
New Delhi, June 29, 2018
Xiaomi priced its shares at lower end of HKD 17 each. The pricing values Xiaomi at about USD 54 billion, roughly half of the Xiaomi's initial expectation.


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