Business
Investments through P-notes jump to Rs 78,110 crore
Amid positive market sentiments, investments through participatory notes (P-notes) in domestic capital market rose to Rs 78,110 crore at the end of March. P-notes are issued by registered foreign portfolio...
Read moreED summons Kamal Nath’s nephew in VVIP Chopper Scam
Enforcement Directorate (ED) informed a Delhi court on Wednesday that it has summoned Ratul Puri, nephew of Chief Minister of Madhya Pradesh Kamal Nath, for interrogation in a money laundering...
Read moreRBI cuts repo rate by 25 bps to 6%; home and car loan to be cheaper
A dream of own home and car of people may come true, as EMI of home or car loan is going to be eased. The Reserve Bank of India (RBI)...
Read moreBad news for Services sector: Growth rate fell to 6-month low
There is a bad news for Services sector, the largest sector of the Indian economy. In spite of claims of the government, a monthly survey showed on Thursday that the...
Read moreA sword of retrenchment hanging over 54,000 BSNL employees
A sword of retrenchment is hanging over 54,000 employees of Bharat Sanchar Nigam Ltd. The BSNL board has accepted a proposal to curtail around 54,000 employees. The board has approved...
Read moreInfosys to acquire 75 pc stake in ABN AMRO Bank subsi for 127.5 mn euros
India's second largest IT services firm Infosys on Thursday said it will acquire 75 per cent stake in ABN AMRO Bank's wholly-owned subsidiary, Stater, for 127.5 million euros (about Rs...
Read moreHow the Big Divorce Will Impact Indian Investments in UK Real Estate
The doomsayers are having a field day with predicting that Brexit will cause the UK real estate market to dry up and blow away. In India, we are quite used...
Read moreSale of UBHL shares of Mallya fetch Rs 1,008 cr: ED
The sale of shares, held by absconding businessman Vijay Mallya in United Breweries Holdings (UBHL) Limited, by the Debt Recovery Tribunal has fetched Rs 1,008 crore, the ED said Wednesday....
Read moreTata Group, GIC, SSG Cap Management to invest Rs 8K cr in GMR’s airports biz
GMR Infrastructure on Wednesday said Tata Group along with an affiliate of Singapore's sovereign wealth fund GIC and SSG Capital Management will invest Rs 8,000 crore in the company's airports...
Read moreLupin receives EU GMP certificate for Mammalian facility in Pune
Drug major Lupin on March 27 said the company has received European good manufacturing practice (EU GMP) certificate for its Mammalian facility in Pune where Etanercept biosimilar is intended to...
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