Clipped from: https://www.thehindubusinessline.com/companies/reliance-retail-acquires-41-in-just-dial-for-3497-crore/article35372030.ece?homepage=true Move to consolidate online presence; will make open offer for 26% in search platform The country’s largest retail player, Reliance Retail, is moving
Category: Industry
Reliance goes shopping again, discovers Just Dial, acquires controlling stake in $700-million deal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/reliance-goes-shopping-again-discovers-just-dial-buys-it-for-rs-3497-crore/articleshow/84476506.cmsSynopsis Just Dial will also be making a preferential allotment to Reliance Retail at Rs 1022.25 share to infuse Rs 2164.88 crore into the
SEBI nixes margin requirement for sellers in the cash segment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-nixes-margin-requirement-for-sellers-in-the-cash-segment/article35370937.ece Brokers just need to tell depositories to block the shares intended to be sold SEBI has eased margin related processes for those selling
Shortage of chips, worth a few dollars, costing global firms billions | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/shortage-of-chips-worth-a-few-dollars-costing-global-firms-billions-121071401377_1.html Vehicles, computers, mobile phones, and other smart gadgets, with sticker prices ranging up to thousands of dollars, are stuck on assembly lines for
Demand for 2, 3 BHKs in Mumbai sees 18% on-year rise in June quarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/demand-for-2-3-bhks-in-mumbai-sees-18-on-year-rise-in-june-quarter/articleshow/84431778.cmsSynopsis Various factors have been driving this increased demand for larger homes in Mumbai, including easy and affordable payment plans offered by the developers,
Approval of unit holders was necessary for winding up of Franklin schemes: Supreme Court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/approval-of-unit-holders-was-necessary-for-winding-up-of-franklin-schemes-supreme-court/articleshow/84418845.cmsSynopsis The Supreme Court on Wednesday ruled that approval of unit holders was required for winding up of mutual fund schemes in the Franklin
Normalcy returns in automobile sales during June – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/normalcy-returns-in-automobile-sales-during-june/article35319082.ece On year-on-year basis, passenger car sales doubled The domestic wholesales (dispatches from factories) of automobiles in June jumped multi-fold on a monthly basis,
It’s the best time to buy a house for your own use, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/it-s-the-best-time-to-buy-a-house-for-your-own-use-say-analysts-121071400021_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Chances of realty prices declining further are slim Real estate prices have corrected, remained static, or eked a 2-3 per cent annual gain
IT majors may take big hit as contract renewals drop – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/it-majors-may-take-big-hit-as-contract-renewals-drop/article35309533.ece?homepage=true With re-orders seen dipping a third to $32 billion, vendors will have to go for new business in a difficult market India’s IT
Mahindra Group exploring multiple partners in EV space, says Anish Shah – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/mahindra-group-exploring-multiple-partners-in-ev-space-says-anish-shah/articleshow/84373445.cmsSECTIONSMahindra Group exploring multiple partners in EV space, says Anish ShahLast Updated: Jul 13, 2021, 03:00 PM ISTSynopsis “I would say that we are
Hiring: As IT hiring improves, executives get huge pay hikes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/as-it-hiring-improves-executives-get-huge-pay-hikes/articleshow/84364133.cms SynopsisThe current job market is favouring IT employees as they can demand as much as 50-70% hikes while switching jobs, compared with 15-30%
PNB Housing Finance-Carlyle deal: PSBs told to tick all boxes before stake sale in units – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/pnb-housing-finance-carlyle-deal-psbs-told-to-tick-all-boxes-before-stake-sale-in-units/articleshow/84356047.cmsSynopsis This comes after the Punjab National Housing Finance-Carlyle deal controversy where the PNB board had to seek legal opinion after the deal came
Realty stocks build up for an upmove after 10 years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/realty-stocks-build-up-for-an-upmove-after-10-years/articleshow/84357211.cmsSynopsis Analysts recommend companies with stronger balance sheets such as Godrej Properties, Prestige Estates and DLF among others Mumbai: Shares of property developers might
PNB Housing Finance-Carlyle deal: Sebi questions directors’ role – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/pnb-housing-fin-carlyle-deal-sebi-questions-directors-role/articleshow/84363004.cmsSynopsis Sebi asks why action should not be taken against them for non-compliance with guidelines Mumbai: The Securities and Exchange Board of India (Sebi) has questioned
Duopoly concerns – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/duopoly-concerns/article35285906.ece Our telecom market is big enough for existing majors to thrive, making data accessible India’s telecom market is on the brink of becoming
Accounting Standard for share-based payments for certain corporates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/coming-soon-accounting-standard-for-share-based-payments-for-certain-corporates/article35265318.ece?homepage=true It will be part of the set of ‘Accounting Standards’ and not part of Ind AS Small corporates with annual turnover less than
Is the sugar industry finally coming of age? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-the-sugar-industry-finally-coming-of-age/article35218956.ece?homepage=true For self-reliance Sugarcane pricing must be freed up for the sector become globally competitive – GOVARTHAN M For self-reliance Sugarcane pricing must be
Debt resolution plan: Exchanges give firms 30 minutes to inform them of NCLT order – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/bse-nse-initiate-steps-to-deal-with-info-asymmetry-on-cos-undergoing-insolvency-resolution-process/article35230303.ece?homepage=true Move to curb insider trading In a bid to curb speculative trading, stock exchanges have mandated listed companies undergoing insolvency processes to inform
Multidisciplinary firms a reality after MCA nod – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/multidisciplinary-firms-a-reality-after-mca-nod/article35238002.ece CA firms can rope in cost accountants, company secretaries, actuaries to offer various services Legal decks have been cleared for audit firms to
Tyre exports rebound with 10% growth to cross ₹14 crore in FY21 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/tyre-exports-rebound-with-10-growth-to-cross-14-crore-in-fy21/article35212226.ece?homepage=true Industry credits govt’s sector-specific support for tiding over a tough pandemic year In one of the most robust export performances in the auto
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