Firms/companies

SEC sues Elon Musk for fraud, seeks his ouster as Tesla chief

SEC sues Elon Musk for fraud, seeks his ouster as Tesla chief

28 Sep 2018

In its lawsuit, the US regulator said Musk calculated the $420 price per share, at a 20 per cent premium over that day’s closing share price and that the number’s slang reference to marijuana and hints in emails and text messages pointed that it was only intended to impress his girlfriend

SEC sues Elon Musk for fraud, seeks his ouster as Tesla chief

SEC sues Elon Musk for fraud, seeks his ouster as Tesla chief

28 Sep 2018

In its lawsuit, the US regulator said Musk calculated the $420 price per share, at a 20 per cent premium over that day’s closing share price and that the number’s slang reference to marijuana and hints in emails and text messages pointed that it was only intended to impress his girlfriend

Ford bets on global partnerships to cut costs: report

27 Sep 2018

RBI eases SLR rules for banks to enhance liquidity

RBI eases SLR rules for banks to enhance liquidity

27 Sep 2018

Reserve Bank of India (RBI) has allowed banks to use government bonds equivalent to an additional 2 per cent of their net demand and time liabilities (NDTL), thereby taking lenders’ SLR window to 15 per cent

Yes bank board to seek more time for Rana Kapoor as MD & CEO

26 Sep 2018

Yes bank board to seek more time for Rana Kapoor as MD & CEO

26 Sep 2018

Sterling Bio director Nitin Sandesara, family flee Rs5,000-cr fraud probe

Sterling Bio director Nitin Sandesara, family flee Rs5,000-cr fraud probe

25 Sep 2018

CBI and the ED had, last year, booked five directors of Gujarat-based Sterling Biotech, besides chartered account Hemant Hathi, former Andhra Bank director Anup Garg and some others for cheating banks to the tune of Rs5,300 crore but does not have any clue now about their whereabouts

Sterling Bio director Nitin Sandesara, family flee Rs5,000-cr fraud probe

Sterling Bio director Nitin Sandesara, family flee Rs5,000-cr fraud probe

25 Sep 2018

CBI and the ED had, last year, booked five directors of Gujarat-based Sterling Biotech, besides chartered account Hemant Hathi, former Andhra Bank director Anup Garg and some others for cheating banks to the tune of Rs5,300 crore but does not have any clue now about their whereabouts

Without curbs India's oil demand seen hitting 500 mtpa by 2040

Without curbs India's oil demand seen hitting 500 mtpa by 2040

25 Sep 2018

A spike in demand to 10 bpd a month could push up India’s oil import bill to about $27 billion (at current prices) a month and to about $34 billion a month at $100 per barrel

IL&FS hopes to raise Rs30,000 cr in asset sales to redeem debt

24 Sep 2018

Tata Steel to acquire Usha Martin’s steel biz for up to Rs4,700 cr

Tata Steel to acquire Usha Martin’s steel biz for up to Rs4,700 cr

24 Sep 2018

Usha Martin is amongst the largest wire rope manufacturers in the world and a leading speciality steel producer in India

Tata Steel to acquire Usha Martin’s steel biz for up to Rs4,700 cr

Tata Steel to acquire Usha Martin’s steel biz for up to Rs4,700 cr

24 Sep 2018

Usha Martin is amongst the largest wire rope manufacturers in the world and a leading speciality steel producer in India

Tata Steel to acquire Usha Martin’s steel biz for up to Rs4,700 cr

Tata Steel to acquire Usha Martin’s steel biz for up to Rs4,700 cr

24 Sep 2018

Usha Martin is amongst the largest wire rope manufacturers in the world and a leading speciality steel producer in India

Tata Steel to acquire Usha Martin’s steel biz for up to Rs4,700 cr

Tata Steel to acquire Usha Martin’s steel biz for up to Rs4,700 cr

24 Sep 2018

Usha Martin is amongst the largest wire rope manufacturers in the world and a leading speciality steel producer in India

Infosys to open innovation hub in Arizona

Infosys to open innovation hub in Arizona

21 Sep 2018

With plans to hire 1,000 Workers by 2023, Infosys said the Arizona centre represents a key milestone in the company’s commitment to hire 10,000 American workers and close the IT skills gap

Infosys launches next-generation learning solution Wingspan

21 Sep 2018

Walmart offers to buy back part of Flipkart ESOPs for $800 million

21 Sep 2018

Tea, coffee served on trains to cost Rs10 now

20 Sep 2018

Tea, coffee served on trains to cost Rs10 now

20 Sep 2018

RBI asks Yes Bank’s Rana Kapoor to step down in 4 months

RBI asks Yes Bank’s Rana Kapoor to step down in 4 months

20 Sep 2018

While Yes Bank reported rapid growth over the last decade under Kapoor, the regulator pointed out discrepancies in the way the bank reported its bad loans

RBI asks Yes Bank’s Rana Kapoor to step down in 4 months

RBI asks Yes Bank’s Rana Kapoor to step down in 4 months

20 Sep 2018

While Yes Bank reported rapid growth over the last decade under Kapoor, the regulator pointed out discrepancies in the way the bank reported its bad loans

Jet Airways flight turns back as passengers fall sick after air pressure mix up

20 Sep 2018

Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara

Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara

20 Sep 2018

The recent deals in Indian retail space, including the Walmart-Flipkart deal, are widely seen as the government’s green light for foreign retail giants to establish themselves in India’s $400-billion food and grocery market

Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara

Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara

20 Sep 2018

The recent deals in Indian retail space, including the Walmart-Flipkart deal, are widely seen as the government’s green light for foreign retail giants to establish themselves in India’s $400-billion food and grocery market

Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara

Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara

20 Sep 2018

The recent deals in Indian retail space, including the Walmart-Flipkart deal, are widely seen as the government’s green light for foreign retail giants to establish themselves in India’s $400-billion food and grocery market

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