News

Co-working platform myHQ raises $1.5 mn to fund expansion

MoneyControl Business News - 4 hours 49 min ago
myHQ said it plans to utilise the funds to expand into new cities, introduce new product offerings and invest in their technology infrastructure.
Categories: Business News

Brookfield now one of the biggest PE players in India, thanks to RIL deals

Business Standard - 4 hours 54 min ago
The PE fund's exposure is primarily focused on infra projects (where it invested $10 billion) and real estate (around $4 billion)
Categories: Business News

NCLAT extends deadline to implement Patanjali's Ruchi Soya bid to Dec 16

Business Standard - 4 hours 56 min ago
The appellate is hearing some other matters related to Ruchi Soya, which are slated to be heard on December 9
Categories: Business News

Mutual funds will join DHFL resolution process: Sebi chief

MoneyControl Business News - 4 hours 59 min ago
Mutual funds, which have lent substantial sums of money to DHFL had not joined previous attempts at resolution, after financial woes at the company came to light.
Categories: Business News

Thyssenkrupp to cut 640 jobs at System Engineering business

Reuters Business News - 5 hours 3 min ago
Thyssenkrupp on Wednesday said it planned to cut 640 jobs at its struggling System Engineering unit, which it put under review earlier this year.
Categories: Business News

India important for New York Times, visiting to understand it better: CEO

Business Standard - 5 hours 3 min ago
We are not tying up with anyone in India, nor are we looking at distribution or investment, says CEO Mark Thompson
Categories: Business News

DP World to set up new terminal at Rs 1,000 cr: TN Govt

MoneyControl Business News - 5 hours 5 min ago
A business-level delegation from the United Arab Emirates including the top management of Dubai-based DP World held discussions with Chief Minister K Palaniswami and other government officials at the Secretariat.
Categories: Business News

Wall Street slips at open on escalating U.S.-China tensions

Reuters Business News - 5 hours 15 min ago
Wall Street's three main indexes opened lower on Wednesday on concerns that increasing political strain between Washington and Beijing could derail trade negotiations between the two sides.
Categories: Business News

Shapoorji Pallonji may sell Forbes stake to pay back Sterling Wilson

Business Standard - 5 hours 15 min ago
Shapoorji Pallonji Group, the promoter of Sterling Wilson Solar, is exploring several options, including making Eureka Forbes public or selling stake in its engineering firm Forbes & Company to pay back the inter-company loans the group had taken from the solar company, sources said.
Categories: Business News

SEBI move to up minimum PMS investment could benefit mutual funds

MoneyControl Business News - 5 hours 16 min ago
"SEBI#39;s proposals will immensely help both the Asset Management industry as well as investors," said Sushant Bhansali, Chief Executive Officer, Ambit Asset Management.
Categories: Business News

Standard Chartered Private Equity exits Prime Focus by selling 10% stake

MoneyControl Business News - 5 hours 18 min ago
According to bulk deal data available with the BSE, Standard Chartered Private Equity (Mauritius) sold its entire 2,92,41,817 shares at an average price of Rs 48.5 apiece.
Categories: Business News

Emirates jet swap opens door to Boeing 787 deal in Dubai

Reuters Business News - 5 hours 24 min ago
Emirates agreed to buy its first Boeing 787 Dreamliners in a last-minute, $9 billion deal at the Dubai Airshow on Wednesday while reducing its order for the U.S. planemaker's delayed 777X model.
Categories: Business News

FIR against Yash Raj Films for #39;pocketing#39; Rs 100 cr royalties

MoneyControl Business News - 5 hours 26 min ago
The Society alleged that Yash Raj Films did not let them collect royalties from telecom companies, radio stations, and music streaming platforms.
Categories: Business News

BMW India makes its petrol cars BS-VI-compliant; diesel ones next

Business Standard - 5 hours 26 min ago
Company to increase the price of BS-VI-compliant vehicles by up to 6% starting next year
Categories: Business News

Cadila Healthcare heading for tough waters due to lack of big approvals in US, Moraiya warning letter

MoneyControl Business News - 5 hours 29 min ago
Shares of Ahmedabad-based drug maker had dropped 30 percent in 2019 on BSE, compared to 5.4 percent decline of Samp;P BSE Healthcare index in the same period.
Categories: Business News

Business responsibility reports mandatory for top 1,000 listed companies: SEBI

MoneyControl Business News - 5 hours 30 min ago
Presently, the business responsibility reports (BRRs) are mandatory for top 500-listed entities based on market capitalisation on the BSE and NSE.
Categories: Business News

Wall Street slips at open on escalating U.S.-China tensions

Reuters Business News - 5 hours 32 min ago
Wall Street's three main indexes opened lower on Wednesday on concerns that increasing political strain between Washington and Beijing could derail trade negotiations between the two sides.
Categories: Business News

Chinese airlines turn to Asia as long-haul losses pile up

Reuters Business News - 5 hours 32 min ago
BENGALURU/BEIJING - Chinese airlines are adding seats on short- and mid-range Asian flights in a strategic shift away from prestigious but loss-making North American routes to a market that promises better returns and growth.
Categories: Business News

Prosus, Takeaway trade barbs in battle for Britain's Just Eat

Reuters Business News - 5 hours 33 min ago
The two companies vying to purchase British food delivery service Just Eat traded barbs on Wednesday, as technology company Prosus and Takeaway.com each sought to win over a critical mass of shareholders.
Categories: Business News

WhatsApp expresses #39;regret#39; over Pegasus snooping row

MoneyControl Business News - 5 hours 35 min ago
Last month, the Facebook-owned company had showed that Indian journalists and human rights activists were among those globally spied upon by unnamed entities using Pegasus spyware.
Categories: Business News