Duggal may be chairman of Shriram Group Companies, again
Shriram Capital is the holding company for the financial services and insurance entities of the Shriram Group.
Landmark Group’s furniture business hits a rough patch due to economic slowdown
The home furnishing chain, which currently has 50 stores in 2...
Japan's Soft Bank Group to invest Rs 30,000 crore in renewable energy in Gujarat
The announcement was made at a meeting between chief ministe...
Aditya Birla Group won’t face fund or bid curbs if Vodafone Idea faces bankruptcy: Bankers
When a company faces insolvency proceedings, promoters are unable to raise funds for other businesses, and also they are not eligible to bid for any bankrupt business under Section 29A of the Bankruptcy Act. With effect from December 1, guarantors to any insolvent business too face bankruptcy proceedings.
Godrej Fund Management to invest Rs 700 crore in Century’s commercial project
The proposed investment will be in a commercial project in north Bengaluru spread over 10 acres with a development potential of 2-3 mn sft. “The deal is in the final stage of closure and will mark GFM’s foray in the commercial market in Bengaluru,” said a person aware of the deal.
Small towns go online to quench thirst for luxury
Most consumers tend to go bargain hunting online. For a large part of 2019, luxury mall managers reported that sales were lacklustre. Luxury goods websites, however, managed to buck the trend because of 20-50% lower costs on their sites. But at the moment, watch companies do not seem to be finding too many takers in tier-2 and 3 towns.
TOI’s printing units win Greentech safety award
While addressing a gathering of luminaries from India and the US at the 18th Annual Greentech Occupational Health, Safety and Disaster Management Conference former Chief Justice of India Dipak Misra said, “The term RoI (return on investment) is absolutely immoral and unethical in the context of maintenance of safety and disaster management.”
S&P 500, Nasdaq edge higher; tariff deadline in focus
The S&P index recorded 15 new 52-week highs and no new low, while the Nasdaq recorded 57 new highs and 18 new lows.
Hero to raise prices from January 2020
The upward revision in the ex-showroom prices of its motorcycles and scooters will be effective from January 1, 2010.
After Market: Maruti picks up speed, VA Tech Wabag gets booster, realty stocks has reality check
As many as 54 stocks flashed ‘sell’ signals as their prices fell below respective MACD signal lines.
Sterling and Wilson Solar begins construction of 200MW solar project in Australia
Wellington Solar Farm is a solar photovoltaic (PV) independent power project (IPP) being constructed on 490 Ha (hectare) of land, northeast of the town of Wellington in New South Wales.
Blackstone’s buyout of Coffee Day’s tech park stalls
Beleaguered Coffee Day Enterprises’s sale of its technology park to Blackstone is stalled as one of its creditors hasn’t approved the deal, people with the knowledge of the matter said. Yes Bank hasn’t issued the so-called no objection certificate as it’s seeking assurances on repayments of other loans taken by Coffee Day, said the people.
Bharat Bond ETF to open on December 12
Markets regulator Sebi nod for the new fund offer (NFO) of Bharat Bond ETF has been obtained and it will launch on December 12. Investors will be able to invest in the offer till December 20. Media reports said that as many as 12 central government companies may borrow via the ETF. They include Nabard, Hudco, NHAI, PFC, REC, MRPL, Gail, PGCIL and IRFC.
Spicy investment! Ditch onions for these stocks to make a quick buck
Of the 2,213 actively-traded stocks on BSE, as many as 1,488 now trade below Rs 140.
Tata Steel asks LGBTQ+ employees to declare partners, avail HR benefits
With its vision to provide equal opportunity to the employees, it has been an endeavour of the company to create an enabling workforce for all diverse groups, respecting and embracing the differences in the individuals, the steel maker said in a statement. "Partners mean people of same-sex living like a married couple," it said.
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