Amid L&T takeover bid, Mindtree on Wednesday announced interim, final and special dividends for its shareholders, totalling Rs 27 per share. This move may push up the acquisition cost for the engineering major.Read more
C Banner International, the owner of toy store chain, Hamleys is exploring selling the centuries-old British toy store chain to Mukesh Ambani’s Reliance Retail Ltd. The loss-making chain is facing intenseRead more
Ford and Mahindra & Mahindra are close to forming a joint venture in India as the two companies decide to expand a “strategic alliance” that they formed around 18 months ago for engines, SUVs,Read more
Ola co-founder Bhavish Aggarwal is fighting to maintain his independence against SoftBank Group Corp Aggarwal has grown concerned about its influence as SoftBank took aRead more
The Competition Commission of India has cleared LIC’s proposed acquisition of up to 51 percent stake in debt-laden IDBI Bank.
The deal would help the insurance behemoth to enter the banking space
Indiabulls Consumer Finance which is a wholly-owned subsidiary of Indiabulls Ventures has invested Rs 46 crore to acquire 42% stake in digital payments and
mobile wallet entity Transerv.
Motilal OswalNSE 0.57 % Real Estate (MORE), the real estate private equity arm of Motilal Oswal Financial Services, has achieved the second close of its fourth real estate fund —Read more
Non-banking financeNSE 0.12 % company L&T Finance is looking to raise up to Rs 1,000 crore through an issue of non-convertible debentures. The base size of the issue, which is theRead more
This is to inform Federal Bank has entered into a partnership with Ripple Inc, a blockchain supported global remittance company, for cross border remittanceRead more
Mumbai: The National Stock Exchange (NSE) and the Singapore Exchange (SGX) have finalised an agreement that will result in trades done in Nifty and Bank Nifty futures contracts in the islandRead more