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With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Saradha chit fund: SC seeks reply from Voda, Airtel on CBI's plea for...

A bench headed by Chief Justice Ranjan Gogoi listed the agency's plea on April 8 after the mobile service providers...

29 March 2019 12:46 PM IST

DLF is a major player in Indias real estate industry. (Photo: PTI)

DLF raises Rs 3,173 cr via QIP; to prepay debt

Major investors who participated in QIP offer include Oppenheimer, UBS, HSBC, Key Square, Goldman Sachs among others.

29 March 2019 12:27 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB to sell stake in PNB Housing to General Atlantic, Varde Partners...

PNB has entered into agreements in relation to the said transactions on Friday.

29 March 2019 11:59 AM IST

Ola plans to start services in South Wales next month. (Photo: AP)

Ola expands UK operation to three new cities

Ola started Liverpool operation by offering free rides on green tuk-tuks last week for a limited time period.

29 March 2019 10:36 AM IST

Lyft previously announced partnerships with Alphabets self-driving division, Waymo, technology company Nutonomy, and automakers General Motors Co and Jaguar Land Rover. Lyfts new effort could put it in direct competition with some of those partners.

Lyft valued at USD 24.3 billion in first ride-hailing IPO

Lyft started its IPO investor road show earlier this month with a target range of USD 62-USD 68 per share.

29 March 2019 10:09 AM IST

Infosys is Indias second largest information technology company. (Photo: PTI)

Infosys to take over ABN AMRO arm

The Infosys stock gained 1.6 per cent on the BSE.

29 March 2019 1:09 AM IST

The Supreme Court also referred to the National Crime Records Bureau Data stating every six hour a woman is raped in the country. (Photo: File | ANI)

SC refuses to stay merger of Vijaya, Dena banks with BOB

Supreme Court dismissed the applications filed by several bank officers' associations for staying the merger, effective...

28 March 2019 6:43 PM IST

A representational image of shopping mall. (Photo: PTI)

UAE-based group to expand in India with two more new malls

We have acquired an ongoing mall development in Bengaluru and will build our own in Chennai, said Yousuf Ali, CMD of...

28 March 2019 5:30 PM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi exempts govt from making open offer for shareholders of PNB

Sebi, however, directed reduction in non-public shareholding in the lender post capital infusion.

28 March 2019 4:03 PM IST

Mr Sikka was something of a poster boy for IT when he joined Infosys after 12 years with the Germany-based global leader in enterprise software SAP.

Infosys to acquire 75 pc stake in ABN AMRO Bank subsidiary for 127.5...

Infosys will acquire 75 per cent shareholding in Stater, while ABN AMRO will continue to hold remaining 25 per cent.

28 March 2019 3:17 PM IST

PFC has raised money from Bank of Baroda, Life Insurance Corporation and State Bank of India, among others, to make the payment.

PFC completes REC acquisition, pays Rs 14,500 cr to government

The transaction has helped the government meet its disinvestment target of Rs 80,000 crore for the current financial...

28 March 2019 2:30 PM IST

Bandhan Bank MD and CEO Chandra Shekhar Ghosh.

Bandhan Bank to give a big push to affordable housing

Bandhan Bank deposits touched Rs 34,639 crore and loan book at Rs 35,599 crore.

28 March 2019 1:40 PM IST