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On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.

RBI appoints 3-member advisory panel for DHFL

RBI superseded DHFL-'s board and placed company under an administrator in the wake of governance issues and severe...

22 Nov 2019 3:01 PM IST

Swiggy has created over 8,000 direct and indirect jobs in the restaurant industry through its cloud kitchen initiatives over the last two years.

Swiggy brings over 1000 access kitchens on board; invests Rs 250 crore

Swiggy becomes the first food delivery aggregator in India to set up over 1,000 cloud kitchens for its restaurant...

22 Nov 2019 11:36 AM IST

Sundaram Mutual Fund

Sundaram opens feeder FoF of Global Advantage Fund

The current asset under management of Sundaram Global Brand Fund is $11 million.

22 Nov 2019 12:58 AM IST

The month recorded 28 M&A deals worth $1.5 billion against 48 deals valued $2.8 billion in the corresponding period last year, found Grant Thorntons M&A Dealtracker. (Photo: Techcrunch)

Weak domestic sentiments pull down M&A deal value

October deal activity down by 45% in value terms and 40% in volume terms.

22 Nov 2019 12:55 AM IST

The average Finn needs to reduce emissions from about 10.4 tons of CO2 a year to about 2 tons, according to lifestyle carbon footprint research by D-mat Oy.

App to display carbon footprint in shopping bag

The home of Nokia and Angry Birds provides fertile ground for these kind of applications.

22 Nov 2019 12:50 AM IST

We will touch Rs 200 crore sales turnover this calendar year ending December 2019 despite slowdown challenges, PL Muthusekkar, Managing Director at Nord Drivesystems India told Financial Chronicle.

Germanyâ€™s Nord opens third plant

The company has an installed capacity to produce 42,000 geared motors per annum.

22 Nov 2019 12:47 AM IST

The hub employs over 1,900 software engineers and developers.

DBS Bank aims at 100 touchpoints in 25 cities in India in 1 year

Currently DBS has 70 touchpoints in the country.

21 Nov 2019 5:02 PM IST

Pay-TV groups have been squeezed globally as viewers switch to online video platforms

Japan-'s Sony in talks to buy stake in India-'s Network18 Media:...

Ambaniâ€™s Reliance Industries Ltd, through various subsidiaries, owns a controlling stake in Network18.

21 Nov 2019 1:38 PM IST

The government currently holds 54.80 per cent in Concor and will retain 24 per cent stake post sell-off.

BPCL, SCI shares hit 52-week high after privatisation move

Shares of Shipping Corp also rose 2.12 per cent to hit a one year high of Rs 69.80 in opening trade but later pared the...

21 Nov 2019 1:05 PM IST

India has set a target of raising 1.05 trillion rupees (USD 14.6 billion) through the sale of state stakes in companies by March 2020.

Govt to offload Bharat Petroleum in state stake sell-off

Govt owns 63.75 per cent of Shipping Corp and a stake of 53.29 per cent in Indiaâ€™s second biggest state refiner BPCL.

21 Nov 2019 11:03 AM IST

On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.

Govt to start DHFL-'s bankruptcy proceedings in latest shadow banking...

DHFLâ€™s owes its lenders nearly 1 trillion rupees including several mutual funds, banks, pension funds, insurance firms...

21 Nov 2019 10:35 AM IST

The 154-year-old Shapoorji Pallonji Group, which constructed the Reserve Bank of Indias Mumbai headquarters as well as the Sultan of Omans palace, had given its word to IPO investors. (Photo: Wikipedia)

The Sun stops shining for property mogul Pallonji Mistry

The 42 per cent carnage in Sterling and Wilson shares over three trading sessions in Mumbai is the story of this broken...

21 Nov 2019 1:59 AM IST