BUSINESS

Sterling and Wilson files paper for Rs 4,500-cr IPO

Sterling and Wilson files paper for Rs 4,500-cr IPO

April 16, 2019 8:03 pm

New Delhi: Sterling and Wilson, a solar engineering, procurement and construction firm promoted by Shapoorji Pallonji and Company has filed draft papers with markets regulator Sebi to raise about Rs 4,500 crore through an initial public offer. The IPO will be an offer for sale by the company’s chairman Khurshed Yazdi Daruvala and Shapoorji Pallonji and Company, according to the Draft Red […]

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NSE to conduct mock trading sessions in various segments on Apr 27

April 16, 2019 7:50 pm

New Delhi: The National Stock Exchange (NSE) will conduct a mock trading session in various segments on April 27, 2019. The segments include capital market, futures and options, commodity derivatives, currency derivatives and securities lending, and borrowing market. The mock trading session will be conducted from primary and BCP (Business Continuity Plan) site, the exchange […]

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Boeing under pressure amid cancelled flights, Trump tweets

Boeing under pressure amid cancelled flights, Trump tweets

April 16, 2019 12:22 am

New York: Boeing faces a wave of flight cancellations by US airlines and pressure from President Donald Trump to re-brand its top-selling 737 MAX aircraft, a month after the plane was grounded worldwide in the wake of deadly crashes. American and Southwest Airlines say the grounding will disrupt scheduled flights through the summer, during the peak travel season which helps […]

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Naresh Goyal puts in bid for Jet Airways

April 12, 2019 11:29 pm

Mumbai: Jet Airways founder Naresh Goyal has put in bid for buying stake in the ailing airline, sources said. Goyal quit as chairman of the carrier last month under a debt resolution plan that saw lenders taking control of the airline. Airline sources said Goyal has put in bid for Jet Airways. It couldn’t be […]

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Paytm Mall plans to hire 300 people in next few months

Paytm Mall plans to hire 300 people in next few months

April 7, 2019 8:57 pm

New Delhi: Alibaba-backed Indian e-commerce firm Paytm Mall Sunday said it has hired 200 people across various functions and is planning to hire another 300 in the coming months. Paytm Mall is fast emerging as the preferred online-to-offline (O2O) platform across the country and has witnessed over 200 per cent growth for their O2O business […]

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Automotive industry to converge at Mobility Summit in November

Automotive industry to converge at Mobility Summit in November

April 3, 2019 9:03 pm

New Delhi: Automotive industry and experts from the US, Europe, Japan and other Asian countries will brainstorm on development of smart technologies and challenges faced by the industry at the NuGen Mobility Summit in November. The International Centre for Automotive Technology (ICAT) is organising the summit at Manesar from November 27-29, 2019, an official release […]

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IMF: All-out US-China trade war could lift Canada and Mexico

IMF: All-out US-China trade war could lift Canada and Mexico

April 3, 2019 8:11 pm

Washington: An all-out trade war would severely damage the US and Chinese economies but could also be a boon to countries like Canada and Mexico, the International Monetary Fund said Wednesday. The world’s top two economies themselves would be the biggest losers in the event of a 25 per cent hike in duties on all […]

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Sterling and Wilson files paper for Rs 4,500-cr IPO

COAI seeks clear roadmap for resolution of issues plaguing telecom sector

April 2, 2019 9:58 pm

New Delhi: Industry body COAI on Tuesday said the new government post elections should set out a clear roadmap to ease the burden of levies on the telecom sector, and issues including cut in licence fee and spectrum charges should be taken up at the earliest, preferably in 6-9 months’ timeframe. COAI rued that revenue […]

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Hatsun Agro unveils Hatsun Cow Milk brand

Hatsun Agro unveils Hatsun Cow Milk brand

April 2, 2019 5:48 pm

Chennai: With an aim of delivering farm fresh cow milk to Indian households and strengthening its product portfolio, dairy maker Hatsun Agro Products Ltd Tuesday announced it has unveiled a new brand Hatsun Cow Milk. The new ‘Hatsun Cow Milk’ offers farm fresh cow milk to Indian households, the city-based company claimed in a statement […]

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Sensex rallies over 265 pts in opening deals

Sensex rallies over 265 pts in opening deals

April 1, 2019 10:56 am

Mumbai: The BSE benchmark Sensex rallied over 265.54 points to trade at 38,938.45 in early trade on Monday, driven by sustained buying mainly in metal, auto and financial stocks amid positive global cues. On the Sensex chart, Vedanta, Tata Steel, Tata Motors, Mahindra and Mahindra and ICICI Bank led the rally. The broader NSE Nifty […]

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