IPTL will help bolster Indian Tennis, claims Sania Mirza
New Delhi: International Premier Tennis League (IPTL) will help in the overall development of the game in India, the country’s top female player Sania Mirza has claimed. “The quality of players in IPTL is tremendous. It will do a lot in the development of Indian tennis. I hope it inspires a lot... read more »
Bharti Retail Plans to borrow up to 2k cr
MUMBAI: A year after parting ways with Walmart, billionaire Sunil Mittal’s Bharti Retail plans to borrow up to 2,000 crore to accelerate store openings and spruce up operations. The company board has already passed the fund-borrowing resolution, according to Bharti Retail’s recent... read more »
More Steps to Rationalise Subsidies on Anvil: Arun Jaitley
New Delhi: Assuring India Inc of NDA’s commitment to carry forward economic reforms, Finance Minister Arun Jaitley today said the government will come out with more steps to rationalise subsidies. “I had a series of meeting with the Expenditure Management Commission. They are... read more »
Aurobindo Pharma completes $132.5-million Natrol acquisition
NEW DELHI: Drug firm Aurobindo PharmaBSE -0.68 % has completed the acquisition of assets of nutritional supplement maker Natrol Inc and its other affiliate entities for $ 132.5 million (over Rs 810 crore). Aurobindo Pharma acquired “manufacturing assets, personnel, commercial infrastructure... read more »
Nikkei sees biggest drop in three months as recession news hits
Tokyo: Tokyo stocks suffered their biggest one-day slump since August on Monday after Japan`s economy unexpectedly slipped into recession, prompting investors to book profits from recent... read more »
Britannia Q2 net profit jumps to Rs 270.46 cr
Britannia Industries has reported two-fold increase in its consolidated net profit at Rs 270.46 crore for the second quarter. “We have had a net profit growth of 177 percent at Rs 270.46... read more »
Tata Motors’ shares jump 4% despite weak earnings
MUMBAI, NOV 17: Shares of Tata Motors went up by nearly 4 per cent today, defying disappointing earnings, driven by improved margins at its flagship British arm JLR. Despite a negative... read more »
SBI may provide up to $1 billion loan for Adani’s Australia coal mine
Adani Enterprises’ $7 billion coal mine, rail and port project got a fillip on Monday, with the company signing an Memorandum of Understanding (MoU) with State Bank of India. The... read more »
Headless body in two parts found in sacks
A headless body of a man chopped into two pieces was recovered from Southeast Delhi’s Ambedkar Nagar area on Sunday morning. While the torso was found in one gunny sack, the lower part of the body... read more »
