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Civil Aviation Secretary R N Choubey expressed confidence that the ailing airline would fetch a good price
For the March quarter, L&T Technology Services posted year-on-year revenue growth of 30 per cent to Rs 10.54 billion
A transportation merger is the first big step in CEO's rethink of the firm
The move by SoftBank ends nearly two weeks of suspense over whether the Japanese telecom and Internet powerhouse would exit or stay invested in Flipkart post the deal with Walmart
The next date of hearing in the NCLAT has been set for July 23, after which it will be heard on a daily basis
Share of young engineers in 18-25 age group drops to 28% in FY18, senior staff ratio goes up
Among major companies which tapped the overseas market to raise capital included - Reliance Jio, Aditya Birla Finance, Vayu Urja Bharat Private Ltd and JSW Steel Ltd
In the latest annual report for 2017-18, the IT firm said such activism may impact the price of its equity and ADSs negatively
Mattel goes all out to keep its best-selling brand connected with the young fans even as they gravitate towards mobile devices from traditional toys
Total income from operations stood at Rs 36.9797 billion. It was Rs 35.82 billion for the same period a year ago
The corporate insolvency resolution process deadline for Essar Steel is May 28
The Competition Commission of India (CCI) approved mega merger of Bayer AG and Monsanto. However the monopoly regulator has also prescribed certain conditions. With CCI approval $66 billion deal, proposed in September 2016, is very near to final closure and merged entity will be world's biggest seed and pesticide firm. Bayer-Monsanto merger make this agro-chemical giant among the league of top groups emerged as consolidation among industry players which controls over two third of the sector globally. Other mergers which were cleared include the Dow-Dupont conglomerate and ChemChina's acquisition of Syngenta.CCI however has stipulated that Monsanto Holdings Pvt Ltd will have to sell its 26 per cent holding in Mahyco Monsanto Biotech India Ltd. According to a statement from Bayer, CCI has also stipulated that "merged entity will have to maintain non-exclusive distribution channels and a policy of broad-based non-exclusive licensing of GM and non-GM traits currently commercialized in ...
Both Bayer and Monsanto had subsidiaries in India, making it mandatory for them to receive clearance from the CCI
The appellate tribunal said the final outcome of the bids to maximise the value would be subject to the outcome of the Dalmiya's petition filed before it
The company had posted a net loss of Rs 113.8 million in the corresponding quarter a year ago
These platforms will help physicians provide patients with personalised, evidence-based cancer care
One-off expense towards gratuity drags Q4 profit down, sales volume up on demand uptick in domestic auto sector
As per the Tribunal, the spirit and objective of IBC is maximisation of value
Bharti Group has exited from Kishore Biyani-led Future Enterprises by selling its 13.64 per cent stake for an estimated sum of over Rs 240 crore. Cedar Support Services, a Bharti Group entity, sold its entire 61,919,069 shares aggregating to 13.64 per cent stake in Future Enterprises on May 17. Based on the average price of the stock at Rs 39.21 apeice on BSE on the day of transaction, sale of 61,919,069 shares is estimated to be valued at Rs 242.78 crore. The offloading was carried out through block deal and open market transaction, Future Enterprises said in a regulatory filing. Among the buyers of the shares were Future Enterprises' promoter Central Departmental Stores and Bennett, Coleman & Company. This sale comes at a time when Cedar Services is said to be in talks with several potential investors for selling its stake in Future Retail. Cedar holds 9.23 per cent stake in Future Retail. In May 2015, Future group agreed to acquire Bharti group's retail business under...
The banks, according to industry experts, are expected to take a whopping haircut of about 30-35 per cent in the sale of BSL to an arm of Tata Steel