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Interestingly, the promoters of Emami Group have more than adequate pool of diverse assets of value.

Paper, cement next in Emami sight?

With a view to further reduce the debt and reap the benefits of such investments for the benefit of Emami Group.

26 Jun 2019 3:44 AM IST

State-owned Bharat Sanchar Nigam Ltd (BSNL) has approached the Communications Ministry for recovery of its outstanding dues from the troubled telecom firm Aircel, which recently filed for bankruptcy.

DoT asks BSNL to put all capex on hold, stop tenders

BSNL posted operating profit of Rs 672 crore in 2014-15, Rs 3,885 crore in 2015-16 and Rs 1,684 crore in 2016-17.

25 Jun 2019 8:05 PM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Kalyan Jewellers earmarks Rs 300 crore for expansion in South

The expansion iss in line with the company's plan to have 250 showrooms in five years.

25 Jun 2019 6:40 PM IST

AbbVie Inc would acquire Botox-maker Allergan Plc in a cash-and-stock deal for about USD 63 billion.

AbbVie to buy Botox-maker Allergan in USD 63 billion deal

Allergan shareholders will receive 0.8660 AbbVie shares and USD 120.30 in cash for each share held.

25 Jun 2019 4:43 PM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

Govt to come out with national e-commerce policy within 12 months

We will put an institutional framework to bring out a national policy on e-commerce within next 12 months, an official...

25 Jun 2019 4:30 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank eyeing 20 pc growth in retail loan in Kerala FY'20

Retail consumer loans have witnessed significant growth in Kerala over the last few years.

25 Jun 2019 4:04 PM IST

Over the last few years, Renault has focused on establishing a strong base in India

With job intact, Nissan's CEO pins Renault alliance on mutual respect

Renault had demanded additional representation on Nissan groups overseeing company auditing and personnel nominations.

25 Jun 2019 3:53 PM IST

Once activated, the in-app SOS button generates a trigger alert to OYOs Safety Response Team with the guest, booking, location and emergency contact details.

Oyo crosses 5 lakh room inventory in China, to invest USD 100 mn in 2...

Oyo also claimed that it has now become the largest single hotel brand in China

25 Jun 2019 3:33 PM IST

A SpiceJet flight slid off the runway during landing at Mumbais international airport on September 19.

SpiceJet announces eight new daily international flights

SpiceJet is the only Indian budget airline to operate to Saudi Arabia.

25 Jun 2019 3:11 PM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

Storm is coming: Firms brace for transport disruption post shipping...

World's 2 biggest container shipping lines - Denmark's Maersk and MSC - say they face annual extra costs of over USD 2...

25 Jun 2019 2:31 PM IST

The current capacity at the plant is 22,000 helmets per day.

Steelbird to hike helmets production capacity with Rs 150 cr...

The expanded capacity will also result in adding nearly 2,500 new jobs, the company said.

25 Jun 2019 2:23 PM IST

RIL to raise USD 1.85 billion from offshore lenders to meet its needs

RIL has been inquired by the ministry to provide details of funding, operations and revenues.

25 Jun 2019 1:35 PM IST