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Jio Financial Acquires Remaining SBI Stake to Fully Own Jio Payments Bank in ₹104.54 Crore Deal
Business, Market News, Markets - May 22, 2019

Jio adds more subscribers at the expense of Airtel, Voda

Mukesh Ambani led Reliance Jio records an increment of 94 lakh subscribers despite a decline of 1.82% in teledensity of India in March 2019. This recent addition of customers has...
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Tesla teams up with Ashok Layland to enter India
Business, Market News, Markets - May 22, 2019

Tesla teams up with Ashok Leyland to enter India

The leader in the industry of clean energy automotive- Tesla has received an invitation to the Indian markets from the Chief Digital Officer(CDO) of Ashok Leyland Mr Venkatesh Natarajan. The...
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Equity Right
Business, Market News, Markets - May 21, 2019

MCA estimates Rs.2.8 lakh crore recovery from IBC resolution

The Ministry of Corporate Affairs (MCA) has estimated a total recovery of Rs. 2.8 lakh crores through the Insolvency and Bankruptcy Code (IBC). This amount will be from resolutions with...
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Trump Tariffs Push US Inflation to Eight-Month High
Business, Market News, Markets - May 20, 2019

US china trade war escalates. Should we worry

14th May’19 witnessed fuel to the fire with the Chinese imposing $60 billion tariffs on 5,140 US goods. The tariff rate ranged from a minimum of 5% to a maximum...
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Murae Organisor Reports Promising Q1 2026 Results: A Positive Start to the Fiscal Year
Business, Market News, Markets - May 20, 2019

USFDA classify three Aurobindo units under Official Action Indicated (OAI)

Aurobindo Pharma Ltd experienced a decline in its share prices on 17th May 2019. The company reported to the exchanges about three of its plants classified as Official Action Indicated...
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Tata Sons to place their FMCG business under one single entity
Business, Market News, Markets - May 17, 2019

Tata Sons to place their FMCG business under one single entity

India’s biggest conglomerate, Tata Sons Ltd., has approved the corporate restructuring by transferring all branded food products from Tata chemicals Ltd. to Tata Global Beverages Ltd.   Three words that...
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Generic Drug makers sued by the US states for price fixing
Business, Market News, Markets - May 15, 2019

Generic Drug makers sued by the US states for price fixing

Out of the 50 states of the US, more than 40 states have filed a lawsuit against 20 generic drug companies. The lawsuit is about the drug companies inflating prices...
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Etihad's investment in Jet Privilege under ED radar
Business, Market News, Markets - May 12, 2019

Etihad's investment in Jet Privilege under ED radar

The finance ministry’s Enforcement Directorate (ED) has started an inquisition in Etihad's investment in Jet Privilege Pvt. Ltd (JPPL). JPPL conducts Jet Airways' frequent flyer program. The debt-laden Jet Airways...
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LG Electronics’ India unit IPO: valuation, strategy and sector implications
Business, Market News, Markets - May 8, 2019

Neogen chemicals makes marvelous debut on Dalal Street

Chemical manufacturer ‘Neogen Chemicals’ hit the ground running with its debut on Dalal Street on Wednesday, May 8, 2019. After receiving a strong response to its IPO, the company was...
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Raymond spins decent yarn this quarter, meets expectations
Business, Market News, Markets, Result Updates - May 4, 2019

Raymond spins decent yarn this quarter, meets expectations

Raymond Ltd is a diversified conglomerate with its presence in Textile & Apparels, FMCG, Auto Components, Engineering and Real Estate sector. The company is one of the largest exclusive retail...
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