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3 mins read
TCNS to merge with Aditya Birla Fashion and Retail Limited (ABFRL)
TCNS Clothing (TCNS), India's leading women's ethnic-focused fashion player, today announced that i…
ANI
3 mins read
Credit card now under LRS ambit – 20% TCS to be charged on spends using international credit cards
The Central government has amended the rules under the Foreign Exchange Management Act to bring cre…
2 mins read
DHFL administrator moves NCLT against the Wadhawan brothers for ₹2,150 crore fraud
The fraud was unearthed in the transaction audit of the company done by Grant Thornton India LLP…
2 mins read
Adani Group, Piramal among 4 bidders for DHFL, lenders stare at over ₹60,000 crore write-off
DHFL was the first finance company to be referred to NCLT by the RBI using special powers unde…
PTI
2 mins read
Top stocks to watch— Infosys, Central Bank of India, DHFL, Anuh Pharma, Shalby, Balaji Telefilms and others
Amid the positive cues from the global market, the Indian stock market is likely to open higher. At…
3 mins read
Forensic audit finds no fraud, fund diversion at Reliance Home Finance
New Delhi, Jan 12 () Reliance Home Finance on Sunday said an independent forensic audit, mandated …
PTI
2 mins read
M&A deals number jumps 75% in Nov; value plunges 48%: Report
New Delhi, Dec 18 () A total of 49 merger and acquisition deals worth USD 1.5 billion were recorded…
PTI
1 min read
PE investments see robust growth in Oct despite muted M&A activity: Report
New Delhi, Nov 28 () Private equity investments witnessed a robust yearly growth in October with 7…
PTI
9 mins read
ToneTag, backed by Amazon and Mastercard, is ready to go beyond payments using sound waves, not internet and smartphones
Bengaluru-based ToneTag is using sound waves to power contactless payments and commerce targeting p…
2 mins read
Droom aims to hit profit by year-end, to raise USD 150 mn before IPO
"The plan has always been to take the IPO route and we have considered four options (Mumbai, US, S…
PTI
2 mins read
Here are the latest executive power moves that help explain everything that's going on at Eventbrite, Katerra, and Anaplan
General Dynamics have appointed Jim Mattis, who served as the 26th United States Secretary of Defen…
Christian Wylonis, The Org
2 mins read
May's blockbuster retail sales report overshadowed shifting consumer trends that could widen inequality in the US
"Consumer spending is always skewed toward higher income groups," wrote Samuel Coffin of UBS. "It i…
Carmen Reinicke
3 mins read
Millions flow through company at the centre of Sports Direct investigation - but Mike Ashley's brother gets no pay
The Financial Times revealed in August that Barlin, which handles international deliveries for the …
Oscar Williams-Grut
2 mins read
CG Power case: Gautam Thapar welcomes relief from Sebi
On Wednesday, Sebi allowed Thapar and three others to liquidate up to 25 per cent of the value of …
PTI
3 mins read
Days before the Air India bid, Tatas give AirAsia a ‘national’ tag
“This transaction is in line with our initiatives towards reducing cash utilisation for…
2 mins read
Amrapali case: 20 ED Lucknow sleuths found COVID-19 negative after contact with infected accused
The agency is also investigating the role of bank officials in granting loans on mortgaged assets, …
PTI
1 min read
Banks see another Vijay Mallya in Alok Industries, look to recover Rs 20,000 crore
The banks in India are looking to trace the use of loans. A forensic audit of Alok Industries will …
1 min read
India's been the world’s ‘deal central’ with companies having signed $25bn worth deals this year!
"M&A remained relatively the same as last year both in terms of value and volume. Most part of …
1 min read
India Inc is on a roll; registers eightfold rise in mergers and acquisitions in March
The month of March saw a significant rise in the number and values of mergers and acquisitions done…
2 mins read
Jay Z's music streaming service Tidal has been accused of not paying its bills
Other outstanding debts reportedly include 1.15 million NOK (£104,000) owed to the company that own…