New Delhi [India], Feb 7 (ANI): In a major relief to the real estate company Housing Development and Infrastructure Ltd (HDIL), the Supreme Court on Friday stayed a Bombay High Court order which directed sale of the company's assets to repay the dues of Punjab and Maharashtra Co-operative (P
Mumbai (Maharashtra) [India], Feb 7 (ANI): The government is pursuing disinvestment to inject greater transparency and discipline in loss-making public sector companies, Finance Minister Nirmala Sitharaman said on Friday.
Bengaluru (Karnataka) [India], Feb 7 (ANI): Strides Pharma Science said on Friday that its step-down wholly-owned subsidiary Strides Pharma Global Pte Ltd Singapore has entered into a definitive asset transfer and licensing agreement with Pharmaceutics International Inc to acquire 18 abbrevi
Bengaluru (Karnataka) [India], Feb 6 (ANI/BusinessWire India): Eurofins, through Eurofins Advinus, acquires all assets of Gomti Life Sciences Private Limited through a business transfer agreement.
New Delhi [India], Feb 4 (ANI): State-owned Punjab National Bank (PNB) on Tuesday reported a standalone net loss of Rs 492 crore for the October to December quarter compared with a profit of Rs 246 crore in the same period of last financial year.
New Delhi [India], Feb 4 (ANI): The Reserve Bank of India (RBI) on Tuesday approached the Supreme Court challenging a Bombay High Court order which had earlier directed for the sale of HDIL assets to recover the dues of crisis-hit PMC Bank.
New Delhi [India] Feb 4 (ANI/PRNewswire): Sharik Currimbhoy led Goldstein, Roth & Co (GSR) has made plans to deploy Rs 10,000 crores (USD 1.4billion) into the distressed equity and debt markets in India.
New Delhi [India], Feb 4 (ANI): The Enforcement Directorate (ED) on Monday attached balances in bank accounts of Multiple Resorts Ltd, Knight Riders Sports Pvt Ltd and St Xavier's College in Kolkata, along with other assets, totalling to Rs 70.11 crores allegedly belonging to the Rose Valley
New Delhi [India], Feb 3 (ANI): Union Finance Minister Nirmala Sitharaman on Monday said the government has been very transparent in setting the new fiscal deficit target, which has been pegged at 3.5 per cent for the next financial year beginning April 1.
Mumbai (Maharashtra) [India], Jan 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported the highest-ever quarterly net profit of Rs 5,583 crore in the October to December quarter, up 41 per cent year-on-year due to lower provisions.
Mumbai (Maharashtra) [India], Jan 29 (ANI): Private sector lender Yes Bank said on Wednesday that India Ratings and Research (Ind-Ra) has maintained its long-term issuer rating of A on rating watch negative (RWN) and withdrawn its short-term issuer rating of A1.
Mumbai (Maharashtra) [India], Jan 29 (ANI): Bajaj Finance Ltd, one of the largest players in consumer finance segment, on Wednesday reported 52 per cent jump in its consolidated profit after tax of Rs 1,614 crore in the quarter ended December 2019 (Q3 FY20).