Category: Business
India plans to hike FDI limit for PSU banks to 49% amid flurry of M&A deals| Business News
India is planning to raise the FDI limit in public sector banks to up to 49% amid a flurry of M&A deals in the private…
Vi says to ‘work closely’ with DoT to resolve AGR dues matter, after Supreme Court relief| Business News
Vodafone Idea Ltd. is looking forward to working with the Department of Telecommunications to resolve the AGR dues case, after a Supreme Court reprieve in…
Tata Motors PV in focus as UK credit agency warns against JLR loan guarantee| Business News
The UK government’s £1.5-billion loan guarantee to help Jaguar Land Rover after a major cyberattack falls outside the “normal underwriting criteria”, the Financial Times reported…
TCS refutes UK media report on losing $1-billion Marks & Spencer’s contract| Business News
Tata Consultancy Services Ltd. has denied a report published in The Telegraph UK that Marks & Spencer’s Plc has scrapped its contract with India’s largest…
Relief for Vodafone Idea as Supreme Court allows Centre to reconsider AGR dues| Business News
The Supreme Court has allowed the central government to reconsider the issue of reassessment of AGR dues that Vodafone Idea Ltd. has to pay. Shares…
MCX gold, silver prices fall—check city-wise rates| Business News
Gold prices in India fell today, after posting its biggest weekly drop since mid- August, as the progress on a US-China trade deal and a…
Gold prices extend drop as progress on US-China trade deal erodes safe-haven demand| Business News
Gold prices fell, after posting its first weekly drop since mid-August, as the progress on a US-China trade deal sapped safe-haven demand. A blistering bullion…
Lenskart IPO priced for $8-billion valuation as Peyush Bansal nears $1-billion net worth| Business News
Lenskart Solutions Pvt. Ltd. is seeking a valuation of up to $8 billion in an IPO that will potentially make its co-founder Peyush Bansal a…
China, Hong Kong stocks set to open higher on Trump-Xi trade talk optimism| Business News
China and Hong Kong equities are poised to open higher on Monday, buoyed by investor optimism over a potential breakthrough in trade negotiations between Washington…
SBI plans to hire 3,500 officers in next 5 months to strengthen operations, service delivery| Business News
The country’s biggest lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide. Earlier…