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PTI
New Delhi, September 25, 2018
It has been alleged that ArcelorMittal had 32 and 29 per cent stakes in KSS Petron and Uttam Galva respectively and it had exited from them after selling the stakes before submitting the resolution plan to take over the Essar Steel.


Rajeev Dubey
New Delhi, September 25, 2018
Frightful and irresponsible commentaries about a 'systemic risk' suggesting India's financial system could collapse due to IL&FS have added fuel to fire


PTI
New Delhi, September 25, 2018
Monday, IL&FS Financial Services defaulted on interest payments of commercial papers, which were due on that day.


Goutam Das
New Delhi, September 25, 2018
The Flipkart group has the horizontal e-commerce platform, of course, but also owns the fashion platforms, Myntra and Jabong


PTI
New Delhi, September 24, 2018
Stock of REC was trading at Rs 98.90, down 7.35 per cent, while PFC scrip was trading at Rs 79.60, 1.18 per cent lower over previous close on the BSE.


BusinessToday.In
September 23, 2018
Along with the defaults by IL&FS, the agenda for the meeting will also include discussion on a capital infusion plan, which will be taken up by the shareholders during the company's AGM.


PTI
September 23, 2018
In this regard, the Centre has begun consultations with states as they are one of the sponsors of the regional rural banks (RRBs) in the country


PTI
September 23, 2018
US cable giant Comcast outbid Rupert Murdoch's 21st Century Fox in a blind auction for the European TV operator Sky on Saturday that all but settled a titanic battle between the two media empires.


PTI
September 22, 2018
Tata Steel said in a statement that it has executed definitive agreements for acquisition of the steel business of Usha Martin Limited through a slump sale on a going concern basis.


PTI
New Delhi, September 21, 2018
NRIs, OCIs (Overseas Citizens of India) and RIs (Resident Indians) have been permitted to hold non-controlling stake in FPIs.


BusinessToday.In
September 21, 2018
According to French website Mediapart, the ex-French President said that his government \"did not have a say\" in choosing Anil Ambani's company for Rafale deal with India.


BusinessToday.In
September 21, 2018
The YES Bank stock tumbled up to 34.03% or 108 points in early trade to 210.10 level. At 9:44 am, the stock was trading17 percent or 54 points lower at 263.65 on the BSE.


BusinessToday.In
New Delhi, September 21, 2018
The idea is to increase the excise duty on IMFL, especially on the largely consumed mid-segment liquors, and then reduce taxes on petrol and diesel.


Associated Press
London, September 20, 2018
The luxury carmaker says it will sell a 25 per cent stake for between 17.50 pounds and 22.50 pounds a share, valuing the company at as much as 5.07 billion pounds ($6.7 billion).


Ajita Shashidhar
September 20, 2018
The irony is that the home-grown retailers are starved for cash and need capital and at the same time global giants are finding ways of investing in multi-brand physical retail companies.


Reuters
New Delhi, September 20, 2018
Iran's Naftiran Intertrade Co Ltd, a trading arm for state-owned National Iranian Oil Co, owns a 15.4 per cent stake in Chennai Petroleum, which has two refineries with a total combined capacity of 230,000 barrels of oil per day.


BusinessToday.In
New Delhi, September 20, 2018
Flipkart has announced in a letter to current employees that they will be allowed to liquidate their ESOPs at $126-128 a unit - against $150 a unit as the reports had initially suggested.


BusinessToday.In
September 20, 2018
Global private equity major Kohlberg Kravis Roberts & Co LP (KKR) along with Mumbai-headquartered Radiant will buy 49.70 per cent stake in Max Healthcare from South Africa-based Life Healthcare Group Holdings for about Rs 2,120 crore.


BusinessToday.In
New Delhi, September 20, 2018
The instant credit facility is a part of Flipkart's strategy to drive its gross merchandise volume by \"15-20 per cent\" by launching affordability instruments in the next 24 months.


BusinessToday.In
New Delhi, September 20, 2018
Apnidukaan.com is in the business of selling kitchen appliances, electronics and furniture. The owners are now in the process of asking Amazon to remove all references to Apni Dukaan.


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