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Edelweiss is also absorbing the high quality investment team of these funds who bring over a decade of rich experience in Commercial Real Estate (CRE).

Edelweiss, Bank of Singapore sign MoU for strategic partnership

"This is the first time that an Indian wealth manager of Edelweiss' size and stature is partnering with an offshore...

14 Feb 2019 1:12 PM IST

Larsen and Toubro (L&T) on Thursday said its subsidiary L&T Construction has bagged orders worth Rs 2,440 crore in the domestic market.

Larsen & Toubro lnfotech to acquire Germany's Nielsen+Partner for EUR...

The acquisition is subject to customary closing conditions which are expected to get completed within six weeks.

14 Feb 2019 1:08 PM IST

Renowned European planemaker Airbus has unveiled its oddly-shaped BelugaXL aircraft, which is painted to stunningly resemble its namesake, the Beluga whale. (Photo: Twitter)

Airbus to scrap production of A380 superjumbo

Airbus will produce 17 more of the planes including 14 for Emirates and 3 for Japanese airline ANA.

14 Feb 2019 1:05 PM IST

FMCG major Nestle India yesterday reported a decline of 8.66 per cent in its standalone net profit to Rs 167.31 crore for the quarter

Nestle expects pick up in sales growth to be maintained

Nestle's organic sales grew 3 percent in the full year, accelerating to 3.7 percent in the final quarter.

14 Feb 2019 1:01 PM IST

The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

WPI inflation hits 10-month low, drops to 2.76 per cent in January

WPI-based inflation stood at 3.8 per cent in December, 2018, and 3.02 per cent in January 2018.

14 Feb 2019 12:47 PM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank shares zoom 30 per cent; m-cap rises by Rs 8,590 crore

The shares after opening the day on a positive note further skyrocketed 28.95 per cent to Rs 218 on BSE.

14 Feb 2019 11:49 AM IST

BSNL has also added 1.2 million subscribers through MNP during the month.

Central trade unions extend support to 3-day strike by BSNL staff

The ten central trade unions that extended their support to the proposed strike included INTUC, AITUC, HMS, and CITU...

14 Feb 2019 11:39 AM IST

Tata Steel is countrys major steel producer.

Tata Steel UK CEO Bimlendra Jha resigns

An email query sent to Tata Steel seeking comment over the resignation remained unanswered.

14 Feb 2019 11:31 AM IST

HP is also exploring introduction of various accessories to compliment these new products.

HP expands premium play in India with new laptops

The company has unveiled a leather-covered convertible PC Spectre Folio that is priced at Rs 1.99 lakh.

14 Feb 2019 11:27 AM IST

Niti CEO asks realty developers to speed up delivery of homes

The Niti Aayog CEO also favoured lowering of GST on under-construction properties.

14 Feb 2019 10:54 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

GoM report on real estate expected soon

A senior government official said the GoM will submit the report to GST Council which is likely to meet on February 20.

14 Feb 2019 10:43 AM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex drops over 100 pts on weak global cues, foreign fund outflow

The 30-share barometer, which had lost 840 points in the previous five sessions, was trading at 120.01 points.

14 Feb 2019 10:18 AM IST