Firms/companies

French agency to help develop India’s railway stations

12 Jun 2019

Bharti Airtel to pay up $26 million debt to resolve Airtel Tanzania ownership row

12 Jun 2019

European Union blocks Tata Steel-Thyssenkrupp merger

12 Jun 2019

Infosys opens design and innovation studio in London

Infosys opens design and innovation studio in London

12 Jun 2019

The new Experience Design and Innovation Studio in Shoreditch, London expands Infosys’ global network of digital studios that focus on customer-centric experiences to bring together the best design, innovation, AI and emerging technologies

TCS pips IBM with market cap of over $120 billion

TCS pips IBM with market cap of over $120 billion

11 Jun 2019

At close of trading on Monday, TCS had a market capitalisation of $120.5 billion (Rs8.37 lakh crore), while in early New York trade, IBM was at $119.6 billion (Rs8.32 lakh crore), stock market data showed

Hero MotoCorp wins first BS-VI certification for a two-wheeler company

11 Jun 2019

Anil Ambani claims his group paid Rs35,000 cr to lenders in 14 months

Anil Ambani claims his group paid Rs35,000 cr to lenders in 14 months

11 Jun 2019

Ambani said the repayments were made in the face of heavy odds as regulatory bodies and courts are yet to pass final orders on claims aggregating to over Rs30,000 crore that are due for more than 5-10 years to various group companies

Raytheon to merge United Technologies to form a $120 bn giant

Raytheon to merge United Technologies to form a $120 bn giant

10 Jun 2019

United Technologies provides primarily commercial plane makers with electronics, communications and other equipment, whereas Raytheon mainly supplies the US government with military aircraft and missile equipment

OIL set to win 12 oil and gas blocks; ONGC, Vedanta top bidders for 9 each

10 Jun 2019

CCI gives conditional nod for Schneider’s acquisition of L&T unit

CCI gives conditional nod for Schneider’s acquisition of L&T unit

07 Jun 2019

CCI has approved Schneider Electric’s acquisition of the electrical and automation business of Larsen & Toubro Limited on condition that the acquirers reserve a part of L&T’s installed capacity to offer white labelling services to third party competitors

French govt stance derails Fiat-Renault merger plan

French govt stance derails Fiat-Renault merger plan

07 Jun 2019

Fiat Chrysler cited political reasons to call off the proposal to merge with Renault, but did not say anything on the French government stance

L&T raises equity holding in Mindtree to 28.90%

07 Jun 2019

RBI sets up foreign exchange trading platform for retail participants

07 Jun 2019

RBI relaxes leverage ratio for banks

RBI relaxes leverage ratio for banks

07 Jun 2019

RBI plans fresh licensing of small finance banks, draft guidelines by August

07 Jun 2019

RBI removes charges on RTGS/NEFT transactions in digital push

RBI removes charges on RTGS/NEFT transactions in digital push

07 Jun 2019

While the charges for NEFT are in the range of Re1 to Rs5, and that for RTGS are between Rs5 and Rs50, the move is expected to attract more participants

Wipro chairman Azim Premji to bow out, son Rishad to take over

Wipro chairman Azim Premji to bow out, son Rishad to take over

06 Jun 2019

“As I look into the future, I plan to devote more time to focus on our philanthropic activities,” Azim Premji said, adding that he has great confidence and trust in Rishad's leadership to steer Wipro in its next phase of growth

RBI cuts interest rate by a further 25 bps to 5.75%

RBI cuts interest rate by a further 25 bps to 5.75%

06 Jun 2019

The MPC also decided to change the stance of monetary policy from neutral to accommodative to support growth, while sticking to the medium-term target for consumer price inflation of 4 per cent within a band of (+/-) 2 per cent

World Bank sees global growth slowing to 2.6% in 2019

06 Jun 2019

OBC, Indian Bank and Corp Bank to combine in third PSB merger: report

OBC, Indian Bank and Corp Bank to combine in third PSB merger: report

06 Jun 2019

Once the merger goes through, the new entity will have combined deposits estimated at Rs6,60,000 crore and advances of Rs4,80,000 crore

Mahindra to make its entire diesel fleet BS-VI compliant

04 Jun 2019

While the Mahindra XUV300 and the Marrazo are already  BS-VI compliant, the company will upgrade its other models, including the XUV500, Scorpio, Thar, Bolero, TUV 300, to BS-VI norms while discontinuing the KUV100

RBI panel suggests deepening the digital payments ecosystem

RBI panel suggests deepening the digital payments ecosystem

04 Jun 2019

The committee, headed by Nandan Nilekani, has suggested that the government take the lead in digitisation of payments besides an increased focus on low value high volume low-cost transactions to achieve a ten-fold increase in digital payment volumes

Sivasankaran again as SFIO finds IFIN violated RBI rules

Sivasankaran again as SFIO finds IFIN violated RBI rules

04 Jun 2019

IFIN is reported to have even lent Rs125 crore to beleaguered Unitech Group, to help it repay dues of around Rs80 crore to Sivasankaran

India looks to Japanese, Korean steel mills as SAIL-ArcelorMittal JV deal delays

03 Jun 2019

Coal India Q4 net vaults over 360% to Rs6,026 cr

03 Jun 2019

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