New Delhi,jul 11:
Cash-strapped Fortis Healthcare, which is in the process of finding a new investor, on Wednesday said its board will meet on July 13 to consider raising funds through issue of securities on a preferential allotment basis.The company...
New Delhi,jul 11:
Patanjali Ayurved will not back out from the race to acquire bankruptcy-bound Ruchi Soya and explore all options, including legal, to clinch the deal, its managing director Acharya Balkrishna said on Tuesday.
Adani Wilmar, which sells cooking oil...
New Delhi,jul 11:
The telecom ministry (DoT) on Monday approved the merger of Vodafone India and Idea Cellular that will create the country's largest mobile services operator, an official source said.
"DoT has cleared the Vodafone-Idea merger today. They will have...
New Delhi,jul 11:
Gold prices went down by Rs 270 to Rs 31,380 per ten grams at the bullion market on Tuesday, tracking a weak overseas trend amid slump in demand from local jewellers.
Silver followed suit and lost Rs 100...
New Delhi,jul 11:
Tata Sons Monday said the NCLT order dismissing pleas of Cyrus Mistry vindicates that the group and its operating firms have always acted in a fair manner even as Mistry said he would challenge the ruling.In a...
Hyderabad,jul 11:
Edible oil maker GEF India plans to open three new plants by 2021 to nearly double its production capacity, according to a top official.
Speaking to this newspaper, GEF India managing director Pradeep Chowdhury said, “We have already have...
Mumbai,jul 11:
The rupee slipped 12 paise to 68.84 against the US dollar in early trade today due to fresh buying of the American currency by importers amid sustained foreign fund outflows.Forex dealers said the dollar's strength against a basket...
New Delhi,jul 11:
The Centre has put in place a new professional team to fast-track crop insurance scheme PMFBY and raise the coverage under the scheme to 50 per cent of the gross cropped area in 2018-19, a government official...
new,delhi,jul 11:
The president of OPEC defended the oil producer group on Monday against US President Donald Trump’s recent demands for higher oil output, saying OPEC does not shoulder the blame.
“OPEC alone cannot be blamed for all the problems that...
New Delhi,jul 11:
LIC employee unions have said that they are against the proposal for the insurer to acquire 51 per cent stake in IDBI Bank as it would be hurt the interest of policyholders and their premium money.
Citing past...