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Samsung In Talks To Set Up New Factory I...

Samsung In Talks To Set Up New Factory In India

South Korean technology giant Samsung Electronics Co Ltd is in talks with Indian states about building a third manufacturing plant in the country. “While we are in talks with the state governments, nothing has been decided,” Samsung said in a statement. It didn’t say how much it... read more »

DHFL Raises Rs 809 Crore From Institutio...

DHFL Raises Rs 809 Crore From Institutional Investors

New Delhi: Dewan Housing Finance Corporation Ltd (DHFL) on Thursday said it has raised Rs 809.61 crore by issuing shares to institutional investors. The company said it has issued and allotted 1,69,31,102 equity shares to the Qualified Institutional Buyers (QIBs) at a price of Rs 478.18 per equity... read more »

TCS launches new platform for automation...

TCS launches new platform for automation in underwriting for insurance

RELATED Brand TCS grew 271% in five years: Report TCS to stick to hiring target from campuses in FY16: CEO MORE FROM THE AUTHOR Sensex rises in early trade on buying by fundsRupee rises to 62.20 in early trade on dollar selling Tata Consultancy Services (TCS), the country’s top software... read more »

black money
Loan customers, rejoice! EMIs to get che...

Loan customers, rejoice! EMIs to get cheaper soon

Bringing double cheer to the both India Inc and the common man across the country, the Reserve Bank of India has slashed the repo rate by 25 basis points. The move would now mean that loans are all set to become cheaper. “The move will boost both investments and demand growth in the country.... read more »

More from Business

Zomato in talks to raise $100 million after acquiring US-based Urbanspoon

Zomato, India’s restaurant search services provider, is in talks to raise about $100 million in fresh funding after it acquired US-based rival Urbanspoon for about $50 million in one... read more »

Coal India slips on divestment buzz

Coal India fell 4.17% to Rs 360.10 at 11:09 IST on BSE on report the government is planning to sell a 10% stake in the state-run coal miner. Meanwhile, the BSE Sensex was down 25.07 points,... read more »

Alibaba to Buy $550 Million Stake in Paytm’s Parent Company: Report

China’s Alibaba Group Holding Ltd and its unit Alipay are in advanced talks to buy a stake for about $550 million (roughly Rs. 3,417 crores) in India’s One97 Communications,... read more »

Aditya Birla Group to invest Rs 20,000 crore in Gujarat

Making public his “personal bias” for investing in Gujarat, Kumar Mangalam Birla on Sunday said the diversified Aditya Birla Group will invest Rs 20,000 crore over a period of... read more »

Essar Oil to invest Rs 6k cr to expand Vadinar refinery in Guj

xEssar Oil, which has a 20 million tonne per annum (MTPA) refinery at Vadinar in Gujarat, plans to pump in Rs 6,000 crore to expand its capacity. The plant started commercial production in 2008.... read more »