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India Business News: The beleaguered telecom industry was handed a Rs 42,000 crore lifeline by the government as it announced a two-year moratorium on payment of spectrum Read More
reported by Pankaj Doval at The Times of India
Sale will see Essel Group’s stake plunge to around 5% in the firm.The 16.5% stake includes a 2.3% stake which is in the process of being sold to OFI Global Read More
reported by Tanya Thomas at Livemint.com
India Business News: NEW DELHI: Former CEO of WPP Martin Sorrell’s S4Capital Plc, the digital advertising and marketing services company on Wednesday announced that its gl. Read More
reported by John Sarkar at The Times of India
NCLAT extends deadline to Dec 16 for implementation of Patanjali’s bid for Ruchi Soya – Moneycontrol.com
In September this year, Patanjali Ayurved had received approval of the National Company Law Tribunal (NCLT) to acquire Ruchi Soya, which went into an insolvency in December 2017. Read More
reported by at Moneycontrol.com
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Moody's Investors Service on Thursday lowered its economic growth forecast for India to 5.6 per cent in the current financial year, saying GDP slowdown in the country is lasting longer than previously expected. The cut in growth forecast comes a week after th… Read...
Flipkart trimmed its losses for the first time in four years as the Walmart-owned e-tailer shifted focus towards profitability. Read More reported by Nishant Sharma at...
The total dividend for the financial year 2018-19 works out to Rs 1072.73 crore as against Rs 1101.77 crore during the previous year. Read More reported by at...