Limited ties with China and a diversified basket proved advantageous as Indiaâs share in world exports rose, even as peers lost out
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London Stock Exchange agrees to buy Refinitiv in $27 billion deal
As part of the deal initially announced last week, Refinitiv shareholders will ultimately hold around a 37% stake in LSE but less than 30% of the total voting rights.
ArcelorMittal cuts steel demand outlook on weak Europe
The company also reported a second-quarter core profit (EBITDA) of $1.56 billion, slightly above its compiled consensus of $1.53 billion, but down from $1.65 billion in the first quarter and only about half its earnings of a year earlier.
As NBFC crisis deepens, chiefs jump ship to banks, fintech: Report   Â
This is a reversal of the earlier trend where banking sector talent moved into the NBFC space
Maruti Suzuki July sales crash 34% to two-year low
The only segment that registered a half a percent growth was light commercial vehicle, under which it sells Super Carry.
Escorts Agri Machinery sales down 13.4% in July
Exports for July 2019, however, almost trebled to 355 units as against 127 units in July 2018.
Global gold demand rise 8% to 1,123 tonne in April-June: WGC
Bars and coins saw 12% drop in the second quarter mainly due to China following the easing of currency concerns and high prices.
Tech Mahindra â Should you buy the low?
The stock valuation is reasonable post the correction and the currency movement could help, given the domestic macro headwinds. We see limited downside in the stock from the current level.
Bajaj Auto July sales fall 5% to 3.81 lakh units on weak domestic demand
Motorcycle sales, which contributed 84 percent to total business, slipped to 3.22 lakh units in month gone by, falling 3 percent YoY
MG Motor India retails 1,508 units of Hector in July
Commenting on the sales performance MG Motor India Chief Commercial Officer Gaurav Gupta said, the company remains strongly focused on timely vehicle deliveries and seamless assistance.
Amazon in talks to buy stake in India#39;s Reliance Retail: Report
Talks began after Reliance#39;s negotiations with China#39;s Alibaba Group to sell a stake in the retail entity fell through due to differences over valuation, the financial daily reported citing two senior industry executives.
India Post Payments Bank to be converted into SFB
The decisions were taken at the annual Heads of Circles Conference held at Srinagar in Jammu and Kashmir from July 29-31, 2019 to adopt a 100-day action plan and a five-year vision to align the Department of Posts with the Prime Minister#39;s âNew Indiaâ initiative, a statement from the postal department said.
Zomato expands food delivery service to 500 cities in India
Zomato had reached 200 cities milestone in April and upgraded its expansion target to 500 by September, it said in a statement.
Fed cuts rates, signals it may not need to do more
Fed Chairman Powell cited global weakness, simmering trade tensions and a desire to boost too-low inflation in explaining the central bank#39;s decision to lower borrowing costs
Zomato shuts up bigotry, says food as doesnt have religion after customer seeks non-Muslim rider
On July 30 night, a man tweeted about cancelling his order placed on Zomato as the designated rider was a "non-Hindu".
The #39;Taylor story#39;: How differences between IndiGo#39;s Rahul Bhatia Rakesh Gangwal boiled over a CEO appointment
In less than a year, Gregory Taylor had re-joined IndiGo, only to have an unceremonious exit. What happened?
SBI to sell stake in credit card JV, to raise Rs 6,000 crore: Report
The bank presently holds 74 percent of SBI Cards and hopes to raise Rs 5,000-6,000 crore from a partial stake sale
Samsung profit slumps more than half as chip market weakens
The flagship subsidiary of the sprawling Samsung Group has enjoyed record profits in recent years despite a series of setbacks but is now struggling with chip prices falling as global supply increases.
VG Siddhartha LIVE Updates: CCD founder dead; ICRA puts co on rating watch with -ve implications
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
VG Siddhartha LIVE Updates: CCD founder dead; ICRA puts debt on rating watch
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
JSPL supplies 1.26 lakh tonne rails to Indian Railways
In July last year, JSPL had received from the national transporter an order of about one lakh tonne rails, which was later extended by over 26 lakh.
VG Siddhartha LIVE Updates: CCD founder dead, stock tanks 37% in 2 days
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
ILFS Securities declares default; says it is unable to pay its broking members
The brokerage said it will not be able to pay its broking members as NSE Clearing Corporation, the clearing and settlement arm of the National Stock Exchange, has not released its payment
Aurobindoâs Sandoz deal may face further delays
In September, Hyderabad-based Aurobindo announced that it would acquire the commercial operations of Swiss drug maker Novartis AGsâ generics unit in the US for $900 million. However, the proposed deal, which could emerge as the largest outbound deal by an Indian company, is yet to see the light of day considering that the FTC is yet to respond.
VG Siddhartha LIVE Updates: CCD founder dead, stock tanks around 37% in 2 days
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
Why Sachin Bansal prefers to play it safe with debt funding
âI wanted someone who would understand a business from a founderâs point of view, which is important for a startup," said Hallekere, chief executive and co-founder of the five-year-old Bounce, who pivoted from a luxury bike rental platform to the current dockless scooter-sharing solution to ease urban congestion.
VG Siddhartha LIVE Updates: CCD founder dead, body found near Netravati River
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
VG Siddhartha LIVE Updates: CCD founder found dead, stock tanks 40% in 2 days
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
Axis Bank June quarter: Caution in a weak environment, long-term goals intact
We feel that the valuation at 2.2 times FY21 estimated book value has potential to re-rate should the journey to reaching 18 percent RoE pan out.
Air India, Fiji Airways ink codeshare pact
The codershare partnership between the two partners will come into effect from next month, Air India said in a release.
Cryptocurrency ban in India was a last-minute decision
Economic Affairs Secretary suggested that using cryptocurrencies in payment could be outlawed but not in its entirety.
VG Siddhartha LIVE Updates: CCD founder dead, body recovered from river
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
Indian IT companies contributed $57.2 bn to American GDP in 2017: Harsh Vardhan Shringla
Addressing business leaders in Denver, Colorado, India#39;s Ambassador to the US Harsh Vardhan Shringla said India-based global IT services companies employ more than 175,000 workers in the US accounting for 8.4 per cent of employment in the computer systems design and related services industry.
Watch out for suicide warning signs and seek help: Mental health experts
Almost 90 percent of suicides can be prevented by timely intervention, say experts
VG Siddhartha#39;s death: Here are other millionaires who had a tragic end
The body of Café Coffee Day (CCD) founder VG Siddhartha was found early morning on July 31, ending speculation about his fate.
VG Siddhartha LIVE Updates: CCD founder dead, body found near Mangaluru
Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29
Watch out for suicide warning signs and seek help
Almost 90 percent of suicides can be prevented by timely intervention, say experts
Sebi fines ex-FTIL vice-president Naisadh Desai Rs 12 lakh for violating insider trading norms
The regulator conducted a probe into the trading of scrip of FTIL, now known as 63 Moons Technologies Ltd, during the period from April 2012 to July 2013.
There is a massive crisis in the Indian business space, says veteran journalist Shekhar Gupta
According to him, the general environment for entrepreneurship in India is quite dark.
Reporter#39;s Take | Venture debt gaining traction among unicorns
The fund will be used to meet the working capital and capex requirements of the company.
Need to look at partnerships to fund JLRâs growth: N Chandrasekaran
Speaking to shareholders at the 74th annual general meeting (AGM) N Chandrasekaran, chairman, Tata Motors said that the company is evaluating proposals for a tie-up.
We have to look at partnerships to fund JLRâs growth: N Chandrasekaran
Speaking to shareholders at the 74th annual general meeting (AGM) N Chandrasekaran, chairman, Tata Motors said that the company is evaluating proposals for a tie-up.
We have to look at partnerships to fund JLRâs growth: Chandrasekaran
Speaking to shareholders at the 74th annual general meeting (AGM) N Chandrasekaran, chairman, Tata Motors said that the company is evaluating proposals for a tie-up.
Editor#39;s Take | CCD founder VG Siddhartha missing: Fisherman claims he saw someone jumping off bridge
In this episode of Editor#39;s Take, Moneycontrol#39;s M Saraswathy talks to Corporate Bureau Chief Prince Thomas to find out all about the Siddhartha#39;s disappearance.
How Jack Ma is changing Chinaâs lending landscape?
The real-time payments data and a risk-management system analyses over 3,000 variables to approve instant disbursement of loan requests
Hyundai#39;s SUV Venue bags 50,000 bookings within 60 days
The company said it has already delivered 18,000 cars since the launch.
DoT working on proposal for MTNL, BSNL merger; final call by Cabinet: Source
The source, privy to the development, said merger is "one of the many components" of the overall revival plan being worked out for the two corporations, and that a final call on the matter will be taken by the Cabinet.
BJP govt in Karnataka scraps #39;Tipu Jayanti#39; celebrations
The new Yediyurappa government#39;s move through an order comes within three days after it came to power and a day after it won the confidence motion in the state assembly.
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The company did not export units last month while it had dispatched 804 Etios units in in June 2019.
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Google has tried for years to get Samsung, the world#39;s leading mobile device maker by units sold, to drop its own services and give grea...
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The company, one of the leading manufacturers of soda ash, had initiated the process of carving out its textiles business into GHCL Textile...