Market gains for eight day ahead of IMD monsoon forecast

3 days ago
Wipro Ltd up for a third straight session Wipro Ltd gained for a fifth straight session today Reliance Industries Ltd is up for a fifth straight session today Reliance Industries Ltd up for a fifth straight session Sensex soars 248.28pts; Nifty above ... ...

Japan's Feb machinery orders beat expectations, wholesale prices slow

1 week ago
TOKYO () Japan's core machinery orders rose unexpectedly in February for a second consecutive month thanks to increased orders from manufacturers, a positive sign of corporate investment supporting economic growth. Separate data out on ... ...

NBWs issued against Nirav Modi and Mehul Choksi on CBI plea

2 weeks ago
A special CBI court in Mumbai has issued nonbailable warrants (NBWs) against billionaire diamantaire Nirav Modi and his uncle Mehul Choksi in connection with the cases related to over USD 2 billion banking fraud in the Punjab National Bank, officials Worst behind us; will be out of Nirav Modi mess in 6 mths: PNB MD Sunil Mehta ... ...

In boost to RCOM, Supreme Court clears decks for sale of assets

2 weeks ago
In a relief to Reliance Communications (RCOM), the Supreme Court on Thursday cleared the decks for the sale of its assets, including spectrum, to Reliance Jio Infocomm as it vacated a stay granted by the High Court. RCOM can also part with its assets RCom Says Supreme Court Lifts Ban On Assets Sale, Secured Lenders To Proceed With The Sale ... ...

Bharti Airtel headed for first loss in 60 quarters on falling revenue

2 weeks ago
After reporting Rs 3.06 billion consolidated net profit for the December quarter, Bharti Airtel could end up posting a loss in the March quarter, a first in 60 quarters (or 15 years) on falling revenue and rising costs. The last time the firm reported ... ...

SC directs status quo on sale of assets by RCom to RJio

4 weeks ago
The Supreme Court today directed maintenance of status quo on the sale of assets of Anil Ambaniled Reliance Communication to Reliance Jio on a plea of a banks' consortium challenging a stay order of a tribunal. The top court refused to lift the stay ... ...

Kumar Mangalam Birla to lead VodafoneIdea combine's leadership team

4 weeks ago
Aditya Birla Group chairman Kumar Mangalam Birla will be the nonexecutive chairman of the merged VodafoneIdea entity. Photo: Abhijit Bhatlekar/Mint. New Delhi: Vodafone India and Idea Cellular Ltd, which are in the process of a merger, on Thursday Kumar Birla to be chairman of merged ... ...

Confident about expeditious completion of asset sale plan: RCom

4 weeks ago
Debtladen Reliance Communications (RCom) today exuded confidence that its asset monetisation programme will be completed "expeditiously", much ahead of the RBIprescribed deadline of August 31. The comments follow the Supreme Court order earlier in ... ...

Axis Bank drops after clarification on media reports

4 weeks ago
Axis Bank was down 0.45% to Rs 523 at 9:19 IST on BSE after the bank issued a clarification to media reports referring to a bank guarantee issued by the bank to certain telecom companies. The announcement was made after market hours yesterday, 21 March Top Axis Bank exec ... ...

Reliance Communications gets bondholders' nod for asset sale to Jio

4 weeks ago
India's Reliance Communications Ltd (RCom) said on Wednesday its bondholders had approved their assetsale plan, that includes the sale of certain assets to upstart rival Reliance Jio Infocomm Ltd. Holders of the debtladen telecom operator's $300 ... ...

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