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Saudi Arabia was hoping that the company is evaluated at USD 2 trillion so its proposed sale of five per cent.Business
Saudi Aramco IPO oversubscribed so far, but not by big margin

Saudi banks have been offering citizens easy loans to bid for shares in Aramco.

30 Nov 2019 12:03 PM IST

The deal is expected to help Future Group strengthen its online sales and Amazon expand offline reach in India through Future Groups retail stores.Business
Future Group stocks soar over CCI nod to Amazon

Future Group owns close to the 2,000 retail stores, covering over 24 million sq ft of space in over 400 cities and...

30 Nov 2019 1:54 AM IST

On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.Business
DHFL issue at National Company Law Tribunal

As of July 2019, the third largest pure play mortgage lender owed Rs 83,873 crore to banks.

30 Nov 2019 1:52 AM IST

The company has already secured required total debt from a consortium of banks led by State Bank of India. (Photo: PTI)Business
Patanjali secures Rs 3,200 cr loan from banks to buy Ruchi Soya

NCLT approved the resolution plan of Patanjali Ayurved to acquire debt-laden Ruchi Soya.

29 Nov 2019 7:36 PM IST

Users of both platforms can now make payments at any of the TWIDs partner brands using their Ola Money wallet balance and the postpaid balance in a single click checkout.Business
Rewards-based payments platform TWID enters in strategic alliance with...

Customers can make purchases at any of the TWID’s partner brands with their Reward Pool, Ola Money wallet in a single...

29 Nov 2019 6:05 PM IST

Airtel said it is approaching the Department of Telecom (DoT) to seek clarity on the total amounts involved and \request for their support to deal with this adverse outcome.\Business
Bharti Airtel to seek board nod on Dec 4 for raising funds

The fund raising proposal follows the Supreme Court judgement on adjusted gross revenue.

29 Nov 2019 5:36 PM IST

RCom, which is going through insolvency process, had made a profit of Rs 1,141 crore in the second quarter of the previous financial year (Q2 FY19).Business
RCom shares hit upper circuit for 6th time; gain over 42 pc in 9...

On the BSE, the stock settled 3.85 per cent up at 81 paise.

29 Nov 2019 4:53 PM IST

On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.Business
RBI sends DHFL to NCLT for resolution

The city-headquartered pureplay mortgage lender becomes the first NBFC/HFC to go for bankruptcy resolution.

29 Nov 2019 4:22 PM IST

His attitude was vintage Air India. And I was so relieved that it still exists at least in a few dedicated employees. It is, of course, very hard to ignore reports of on-board scuffles, regular no-shows by crew members, sudden sick leave absentees, drunk pilots and co-pilots, stories of sexual abuse and nepotism, apart from a cavalier attitude thrown at paying passengers.Business
Aviation minister-'s statement on Air India privatisation -'highly...

Air India will have to be closed down if not privatised will have -"massive financial implications”, said Puri.

29 Nov 2019 1:18 PM IST

(Photo: File)Business
Cleartrip augments customer engagement by joining hands with Payback...

The partnership highlights the critical importance given to loyalty strategy by Cleartrip.

28 Nov 2019 5:37 PM IST

Reliance Industriess stock rose 0.65 per cent to close at Rs 1,579.95 on BSE. During the day, it jumped 0.90 per cent to an all-time high of Rs 1,584.Business
Reliance Industries first Indian firm to hit Rs 10 lakh crore market...

At market close, Reliance Industries Ltd (RIL) market capitalisation (m-cap) zoomed to Rs 10,01,555.42 crore on BSE.

28 Nov 2019 4:18 PM IST

Union Labour Minister Santosh Kumar Gangwar on Thursday introduced the Industrial Relations Code Bill 2019 in Lok Sabha. (Photo: File | Representional)Business
Industrial Relations Code bill introduced in Lok Sabha

This bill is part of the government-'s initiative to reform labour laws by amalgamating 44 legislations related to...

28 Nov 2019 3:14 PM IST

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