Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-approves-future-reliance-deal/articleshow/80371900.cmsSynopsis the retail and wholesale undertaking of Future Group will be transferred to Reliance Retail and Fashion Lifestyle Limited (RRFLL), a wholly-owned subsidiary of
Category: Industry
KSK Mahanadi’s insolvency in limbo as 4 bidders back out – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/ksk-mahanadis-insolvency-in-limbo-as-4-bidders-back-out/articleshow/80158983.cmsSynopsis The four bidders were among seven applicants that had expressed interest in acquiring the power company that owns a 3,600 MW thermal power
‘Not a single NPA in three decades’: Adani Group rebuts allegations of not paying bank loans – The Financial Express
Clipped from: https://www.financialexpress.com/industry/not-a-single-npa-in-three-decades-adani-group-rebuts-allegations-of-not-paying-bank-loans/2172412/ Adani Group on Saturday rebutted allegations of not paying bank loans saying it maintains an impeccable record of not a single NPA in
RBI to propose stricter rules for ‘shadow banks’: report–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/rbi-to-propose-stricter-rules-for-shadow-banks-report/story/428162.html RBI has been trying to tighten regulatory norms on the sector since Infrastructure Leasing & Financial Services, the largest nonbank financial company, went
BharatPe may offer to pay back PMC Bank retail depositors in full: report–business today
Clipped from: https://www.businesstoday.in/current/corporate/bharatpe-may-offer-to-pay-back-pmc-bank-retail-depositors-in-full-report/story/428164.html The BharatPe-Centrum combine is of the four bidders that have made submissions to the Reserve Bank of India for acquiring PMC Bank. The
tata group: Resurgent Tata is most valued group, again – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/resurgent-tata-is-most-valued-group-again/articleshow/80260910.cms Synopsis–The Tata Group has gained Rs 1.9 lakh crore or 13 per cent in overall market cap in one month and Rs 3.33
No blanket extension of Companies Fresh Start Scheme: Ministry of Corporate Affairs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/no-blanket-extension-of-companies-fresh-start-scheme-ministry-of-corporate-affairs/articleshow/80284639.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Aiming to improve corporate compliance, the ministry had launched the CFSS and amended the LLP Settlement Scheme in March last year, allowing firms
Health care–Quality, not cost, is key – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/quality-not-cost-is-key/article33570072.ece Healthcare must be quality-centric, not cost-conscious Union Minister Nitin Gadkari’s recent call to the Indian automobile industry to focus on quality, instead of
what to buy: Baton being handed over from safety to risk in market: Sunil Subramaniam – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/baton-being-handed-over-from-safety-to-risk-in-market-sunil-subramaniam/articleshow/80251644.cmsSECTIONSBaton being handed over from safety to risk in market: Sunil SubramaniamLast Updated: Jan 13, 2021, 05:30 PM ISTSynopsis ‘The services sector will bounce
Domestic hospitality industry to contract by 65 per cent in FY21: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/domestic-hospitality-industry-to-contract-by-65-per-cent-in-fy21-report/articleshow/80233178.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a report, rating agency Icra said it expects the industry to contract 65 per cent in the financial year 2021, with massive
We have reduced the debt burden, the worst is over: Coffee Day Enterprises’ Malavika Hegde – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/food/we-have-reduced-the-debt-burden-the-worst-is-over-coffee-day-enterprises-malavika-hegde/articleshow/80239216.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 SynopsisI am bullish on both the cafe and vending businesses. Both businesses will need to pass a few more hurdles before they flourish,
Poultry sector in a flap as bird flu spreads – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/poultry-sector-in-a-flap-as-bird-flu-spreads/article33552428.ece?homepage=true Demand dips for egg, chicken; no transmission to humans The poultry sector is on tenterhooks as more States report avian flu in migratory
Cipla recalls 5.8 lakh packets of gastric ulcer treatment drug from US market–business today
Clipped from: https://www.businesstoday.in/current/corporate/cipla-recalls-58-lakh-packets-of-gastric-ulcer-treatment-drug-from-us-market/story/427526.html The drug firm has manufactured the affected lot at its Kurkumbh facility in Maharashtra and then supplied to its New Jersey-based subsidiary The
Union Minister Nitin Gadkari assures regulator for steel, cement industry to curb cartelisation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/cement-factories-exploiting-market-situation-says-gadkari/articleshow/80198413.cmsSynopsis Real estate developers, for the last few months, have been alleging cartelisation by cement and steel manufacturers and seeking government intervention to regulate
CBI books Hyderabad-based Coastal Projects Ltd in connection with Rs 4,736 crore bank fraud – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/cbi-books-hyderabad-based-coastal-projects-ltd-in-connection-with-rs-4736-crore-bank-fraud/articleshow/80187680.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The complaint from the SBI, now a part of the FIR, has alleged that the accused construction company, during the five year period
Bird flu outbreak hits poultry prices; sales plummet in North – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/bird-flu-outbreak-hits-poultry-prices-sales-plummet-in-north/article33531481.ece Consumption and prices of both chicken and eggs have gone down drastically due to the bird flu scare – Arunangsu Roy Chowdhury Consumption
Videocon’s lenders give nod to Vedanta’s ₹3,000-crore offer – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/videocons-lenders-give-nod-to-vedantas-3000-crore-offer/article33503769.ece At less than 10% of group’s ₹46,000-cr debt, creditors to take big haircut Lenders will have to take a massive haircut as they have
Oaktree provides unconditional, implementable plan for DHFL resolution – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/oaktree-provides-unconditional-implementable-plan-for-dhfl-resolution/2166510/ US-based Oaktree Capital has said its revised bid for the debt-ridden DHFL is unconditional and comes with a commitment of fresh capital infusion
Strong winds of change set to sweep health insurance sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/health-insurance-segment-set-to-witness-major-winds-of-change/article33502114.ece 2020 was a transformative year for health cover due to the Covid outbreak Marked by innovation and digital push, 2021 will witness major
Two steps to boost broadband usage | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/two-steps-to-boost-broadband-usage-121010700056_1.html The first, fixing technology gaps, should be easy. The second warrants consideration for better services and to avoid undue disruption Last month, the Cabinet announced
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