Mumbai (IANS) Reliance Capital Ltd. on Friday announced successful completion of 21.54 per cent stake in Reliance Nippon Life Asset Management Ltd (RNAM) to Nippon Life Insurance of Japan (Nippon) for sale proceeds of Rs 3,030 crore ($430 million), pursuant to … read more
New Delhi (IANS) The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed the Dutch court administrator of Jet Airways to attend the meetings of the bankrupt airline’s Committee of Creditors (CoC). With this ruling, the NCLAT has finalised the … read more
New Delhi (IANS) Finance Minister Nirmala Sitharaman will meet private sector banks, NBFCs and Housing finance companies on Thursday, official sources said. HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank are expected to attend and some select HFCs and … read more
New Delhi (IANS) The moment you board an Uber vehicle starting Wednesday, you will automatically be entitled to insurance coverage of up to Rs 5 lakh, the ride-hailing giant said on Wednesday. In case of accidental death or disability, Uber riders … read more
New Delhi (IANS) Following the announcement of reduction in corporate taxes by Finance Minister Nirmala Sitharaman, Indias largest car company, Maruti Suzuki on Wednesday announced an immediate Rs 5,000 cut in prices of its bestselling cars. These popular models include … read more
New Delhi (IANS) State-run Petronet LNGs $2.5 billion investment to secure 5 million tonnes of liquefied natural gas (LNG) from Tellurian is unlikely work to the advantage of India as the first set of gas from the US-based natural gas … read more
Bengaluru (IANS) E-commerce major Flipkart on Tuesday said it has added over 50,000 direct jobs across its supply chain, logistics arm and customer support ahead of the festive season and the Big Billion Days sales. Flipkart said in the run up … read more
New Delhi (IANS) With British travel giant Thomas Cook going belly up, India’s inbound travel could be severely hit and hence adverse impact on foreign exchange (forex) earning too in the months to come. Travel industry sources said that Thomas Cook … read more
New Delhi (IANS) The National Restaurant Association of India (NRAI) on Saturday slammed Zomato for extending its “Gold” programme on its delivery platform, saying it is a desperate attempt by the online food aggregator to shore up the sinking fortunes of … read more
Ahmedabad (IANS) The Gujarat High Court on Thursday gave clearance to Prime Minister Narendra Modi’s ambitious bullet train project as it rejected over 59 out of 61 petitions filed by farmers against the land acquisition process and “inadequate” compensation. A bench … read more