Home »
Finsbury Glover Hering, a global public affairs consultancy, and Sard Verbinnen & Co, a strategic communications firm, on Wednesday jointly announced their merger to create a strategic communications company. Financial terms of the transaction were not disclosed. The merger is expected to be complete in the last quarter of 2021 and the combined company will operate under a new name […]
Read moreBoth institutional investors and individual investors aim for capital appreciation on their equity investments. As an asset class, bond plays an important role in your personal finance. In this article, we discuss how to choose bond investment for a goal-based portfolio. We also discuss why risk associated with bonds are different from that of bond funds. Income returns Your investment […]
Read moreIt does not prescribe an order of them being set up. India’s new liberalised petrol pump licensing norms allow setting up of EV charging stations and CNG outlets even before the start of petrol and diesel sales, the government has stated. The Ministry of Petroleum and Natural Gas in a clarification to its November 8, 2019 order that eased norms […]
Read moreWhile the NCLT is hearing a petition filed by Invesco demanding convening of an extraordinary general meeting (EGM), Zee had approached the NCLAT seeking more time to reply to the petition. The National Company Law Tribunal (NCLT) on Friday gave Zee Entertainment Enterprises Ltd time till October 22 to file its reply to a plea by its minority shareholder Invesco, […]
Read more“I think the partnership will be a win-win for both the countries.” The proposed free trade agreement between India and the UAE holds huge potential for both the countries to boost trade and investment and the investors here are "very" positive about doing business in New Delhi, Union minister Piyush Goyal said on Friday. Last month, India and the United […]
Read moreThe Prime Minister’s Economic Advisory Council chief hints tribunals letting down IBC; nudges 5-year old IBBI to ‘grow up’ Chairman of the Prime Minister’s Economic Advisory Council Bibek Debroy on Friday said complaints about the efficacy of Insolvency and Bankruptcy Code (IBC) processes largely pertain to the functioning of the National Corporate Law Tribunal (NCLT) and the Appellate Tribunal NCLAT. […]
Read moreFrench telecom major Orange SA (ORAN) announced Friday an investment of 230 million euros to strengthen the development of Orange Bank. The company also said it has reached an agreement with its historic partner, Groupama, to buy its 21.7% stake. The closing of the transaction is subject to the usual approvals. The value of the deal remains confidential. Groupama will […]
Read moreZostel is opposing any attempt by Oyo to alter its shareholding structure SoftBank Group-backed Oyo Hotels and Rooms is facing a legal tussle with rival Zostel ahead of its up to $1.2 billion market debut over a deal between the two Indian hospitality startups that fell apart six years ago. Oyo is looking to raise between $1 billion and $1.2 […]
Read moreAt least 71% of respondents said they needed more data, while 82% of them stated they had more data now than what they could handle, said the study titled Data Paradox Some 74% of Indian enterprises claimed they were data-driven, but only 24% of the respondents treated data as capital and prioritised its use in their businesses, a study conducted […]
Read moreThe ₹26,058 cr. scheme will also cover auto component, drone manufacturing The Union Cabinet on Wednesday approved a ₹26,058 crore production-linked incentive (PLI) scheme to accelerate domestic manufacturing of high value advanced automotive technology vehicles as well as components and drones. The government estimates the scheme will attract ₹42,500 crore in fresh investment in the automobile and auto components industry […]
Read more