IL&FS completes stake sale in education business, cuts consolidated debt by Rs 650 crore
The sale was completed pursuant to the approval granted by the National Company Law Tribunal’s principal bench through its order…
Raghuram Rajan calls economy a patient that needs emergency treatment now, not later
Raghuram Rajan said that if one thinks of the economy as a patient, relief is the sustenance the patient needs…
Vijay Mallya offers to settle Rs 14k-crore liabilities with banks, others
Mallya and six other companies owned by the family had supported a “robust and bona fide offer” made by UBHL…
Loan Restructuring Plan Will Help Revive Economy, Says RBI Chief: Report
Speaking in Hindi, Reserve Bank of India Governor Shaktikanta Das said the moratorium was a “temporary solution” for lockdown and…
Benefits of GST: What items, services got cheaper in last 3 years, FM Sitharaman tells
Nirmala Sitharaman today said that only 29 items are in the 28% tax rate and the loss of revenue, due…
Market cap of 7 of top-10 valued firms jumps Rs 67,622 cr; ICICI, HDFC Bank lead gainers
TCS added Rs 2,157.62 crore in its valuation to Rs 8,43,611.13 crore. The market valuation of ITC rose by Rs…
How big is Apple? At Rs 14,98,58,60,00,00,000 mcap, it’s bigger than these countries, 2/3rd of India’s GDP
According to data from YCharts, Apple’s market cap stood at $981 billion on March 23, 2020. The company added its…
Not Jeff Bezos, Mark Zuckerberg or Bill Gates; this billionaire’s wealth swelled the most post Covid
Amazon’s Jeff Bezos saw a 68 per cent increase in his net worth from $113 billion to $189.49 billion during…
RIL takes on Amazon in e-pharmacy biz, acquires majority stake in Netmeds for Rs 620 crore
Mukesh Ambani has further upped his ante to take on e-commerce biggies in multiple segments. After grocery, Reliance Industries’ subsidiary…
Core Sector Output Contracts 15% In June
Core sector output contracted for the fourth straight month in June Contracting for the fourth consecutive month, the…