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Panasonic is aiming to have around 30 per cent market share in Rs 1.5 lakh and above camera market.Business
Panasonic India aims Rs 700 cr revenue from energy business by 2021

Panasonic has plans to expand charing solutions for other vehicle categories and to expand to 7-8 cities in the next...

16 May 2019 8:55 AM IST

After the merger deal, TGBL will be known as Tata Consumer Products Ltd.Business
Tata to transfer food business from Tata Chemicals to Tata Global...

Each shareholder of TCL will get 1.14 new equity shares of TFBL for every one equity share held.

16 May 2019 8:48 AM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.Business
ArcelorMittal resolution plan violative of IB Code: Ruia to NCLAT

Essar Steel submitted before the NCLAT that the resolution plan moved by ArcelorMittal is in violation of the IBC.

16 May 2019 8:39 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
RBI releases 'Vision 2021' for payment systems for 'cash-lite' society

The Reserve Bank of India will implement the approach outlined in this Vision during the period 2019 - 2021.

16 May 2019 8:29 AM IST

Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.Business
YES Bank slumps 5 per cent after RBI puts Gandhi on board

Yes Bank finally closed 8.01 per cent down on BSE at Rs 143.65 and at Rs 142.95 on NSE.

16 May 2019 7:05 AM IST

The acquired facility includes land, building and two sortex plants and has a production capacity of 800 MT per day.Business
GRM to develop warehouse near Mundra port

The acquisition has been funded through a combination of bank borrowings and internal accruals.

16 May 2019 6:41 AM IST

After the merger deal, TGBL will be known as Tata Consumer Products Ltd.Business
Tata Chemicals to shift food business to TGBL

The deal is expected to create a more than Rs 9,000-crore turnover giant.

16 May 2019 6:36 AM IST

The audit report said that former managing director of IL&FS Financial Services (IFIN) Ramesh Bawa did not disclose his investments in AAA Info-system and AAAB Infra-structure, though it was mandatory for all company directors to disclose their investments in other firms as per the Companys Act.Business
Audit finds 107 cases of shady lending at IL&FS

The Enforce-ment Directorate (ED) may now take the cognisance of the report for further action.

16 May 2019 6:33 AM IST

National Stock Exchange or NSE building.Business
NSE fines 250 companies for non-compliance

Around 32 companies on the list are liable to pay a fine of Rs 4.5 lakh each.

16 May 2019 6:22 AM IST

In fact, the new Hector SUV will mark the global entry of the MG brand that has been revived by the Chinese heavyweight SAIC targeting the Indian market.Business
MG Motor unveils Hector SUV, launch in June

Though actual prices will be revealed next month, the new mid-size SUV is expected to be in the Rs 15-20 lakh range.

16 May 2019 6:19 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.Business
Promoters find it difficult to exit insurance business

The Indian insurers offer a return on equity (RoE) of 10-20 per cent compared to their Asian counterparts that offer RoE...

16 May 2019 1:20 AM IST

The Niti Aayog conducted the study from 2013 to 2016.Business
Niti Aayog wants Centre, states to use AI for solving social sector...

According to Niti Aayog's estimates AI has the potential to add USD 15.7 trillion to the global GDP by 2030.

15 May 2019 7:48 PM IST

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