Centre invites bids for sale of government stake in Bharat Petroleum

Any private company that has a net worth of $10 billion or more will be eligible for bidding.

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· Mar 07, 2020 · 06:52 pm

Union Cabinet approves Rs 2,500 crore fund infusion in three state-run general insurance companies

These insurance firms are National Insurance Company, Oriental Insurance Company and United General Insurance Company.

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· Feb 12, 2020 · 05:20 pm

Anil Ambani tells UK court his ‘net worth is zero’, cannot pay back loans to Chinese banks

Judge David Waksman, however, ordered the Reliance Group chairperson to pay $100 million within six weeks as a deposit in the lawsuit.

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· Feb 08, 2020 · 12:25 pm

LIC’s initial public offer likely in second half of 2020-’21, says finance secretary

However, Rajiv Kumar was not certain about the quantum of stake sale, saying it may be around 10%.

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· Feb 02, 2020 · 01:57 pm

IBM names Indian-born Arvind Krishna its next chief executive officer

Krishna, an IIT Kanpur graduate, has worked with the company since 1990.

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· Jan 31, 2020 · 07:53 am

Tata-Mistry dispute: Supreme Court stays tribunal order dismissing Registrar of Companies challenge

The Registrar of Companies had sought amendments in the tribunal’s December 18 verdict that reinstated Cyrus Mistry as the executive chairperson of Tata Sons.

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· Jan 24, 2020 · 06:16 pm

Zomato buys Uber’s food delivery business in India for $350 million

Uber Eats will discontinue its operations and direct restaurants, delivery partners and users to the Zomato platform from Tuesday.

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· Jan 21, 2020 · 11:56 am

Supreme Court stays NCLAT order reinstating Cyrus Mistry as Tata Sons chairperson

Chief Justice of India SA Bobde observed that the tribunal’s decision to restore Mistry as the chairman of Tata Sons may be an ‘adjudication error’.

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· Jan 10, 2020 · 12:39 pm

Centre to refund Rs 104 crore to Reliance Communications after Supreme Court dismisses plea

A telecom tribunal had in 2018 asked the government to refund the amount after liquidating a bank guarantee of Rs 908 crore.

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· Jan 07, 2020 · 03:22 pm

Finance minister bans levy of Merchant Discount Rate by businesses with turnover of over Rs 50 crore

MDR on debit cards is the amount that a merchant has to pay to his service providers when a consumer swipes her card on the merchant’s point-of-sales terminal.

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· Dec 28, 2019 · 03:21 pm

Anand Mahindra to step down as Mahindra & Mahindra’s executive chairperson

He will continue as the non-executive chairperson from April 1, the car manufacturer said in a corporate filing.

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· Dec 20, 2019 · 04:31 pm

Reliance Industries becomes first Indian firm to cross Rs 10-lakh-crore market capitalisation

The company’s market value jumped to Rs 10 lakh crore from Rs 9 lakh crore in just 25 trading days.

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· Nov 28, 2019 · 12:13 pm