Category Archives: Business

LIC profits soar to Rs 16000 cr in first 9 months of FY17 – Moneycontrol.com


Economic Times

LIC profits soar to Rs 16000 cr in first 9 months of FY17
Moneycontrol.com
V K Sharma, chairman, LIC said that they are a contrarian player in the markets. He added that equity usually forms 12 percent of their total investable assets. Like this story, share it with millions of investors on M3 ...
LIC's total assets cross Rs 24 lakh crore as on December 2016Economic Times

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ONGC may acquire HPCL in $6.6 billion deal – Economic Times


Economic Times

ONGC may acquire HPCL in $6.6 billion deal
Economic Times
NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) may acquire India's third-biggest fuel retailer HPCL in an about Rs 44,000 crore (USD 6.6 billion) deal as part of the government's plan to create an integrated oil giant. Following up on ...
ONGC May Acquire HPCL To Compete With Saudi Aramco And Other Global Giants. 10 PointsNDTV
COMMENT: An ONGC-HPCL merger would give India heft in global M&A sceneMoneycontrol.com
ONCG may buy HPCL in Rs 44000 crore dealDaily News & Analysis
Trak.in (blog) -Livemint -Times of Oman -domain-B
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Sensex sheds 80 pts; Nifty slips below 8900; Axis Bank, PowerGrid, Airtel down 3% each; RIL up 4% – Economic Times


Economic Times

Sensex sheds 80 pts; Nifty slips below 8900; Axis Bank, PowerGrid, Airtel down 3% each; RIL up 4%
Economic Times
NEW DELHI: Profit booking in the last hour of trade forced benchmark equity indices to snap their six-day gaining streak on Monday. The 30-share BSE Sensex closed 80.09 points down at 28,812.88, while the 50-share NSE Nifty index settled 42.80 points ...
Sensex begins new series on muted note, Trump's speech eyedTimes of India
Sensex snaps 6-day gains; banks drag Nifty below 8900; RIL up 5%Moneycontrol.com
Sensex Snaps 6-Day Winning Streak, Nifty Closes Below 8900NDTV
Hindustan Times -Indiainfoline -Scroll.in -Livemint
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Bank strike tomorrow may have little impact on customers – Moneycontrol.com


Moneycontrol.com

Bank strike tomorrow may have little impact on customers
Moneycontrol.com
On February 28, cheque clearances and cash transactions will be crippled while ATMs are likely to be exhausted of cash after the morning hours as over nine lakh bank officers and staff are set to observe one day strike on a call by the United Forum of ...
'Bad bank a bad idea, bankers to strike work on Tuesday'Business Standard
Staff of SBI's associate banks to get VRSDaily News & Analysis
Bank employees to go on nationwide strike tomorrowZee News
The Indian Express -News18 -SME Times -The Hindu
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Aadhaar has ambitions to be a one-stop solution, but there are concerns that still remain – Tech2


Tech2

Aadhaar has ambitions to be a one-stop solution, but there are concerns that still remain
Tech2
The Unique Identification Authority of India (UIDAI) started off with Aadhaar enrollments back in 2010. It has been close to seven years since, and the 12-digit Aadhaar number is much more than just an identity number now, with over 1.1 bn Indians ...

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Paytm Mall App Launched for Standalone E-commerce Services – NDTV


NDTV

Paytm Mall App Launched for Standalone E-commerce Services
NDTV
Paytm has launched Paytm mall, a standalone e-commerce app. For years, Paytm has run its mobile wallet and e-commerce divisions together, and you use the same app to access both sides of the business. However, the company has been planning to ...
Paytm E-Commerce launches online marketplace app - Paytm MallTimes of India
Alibaba takes first step into India's marketplace with launch of Paytm MallBusiness Standard
Paytm enters e-commerce space with Paytm Mall; to take on Amazon, FlipkartDaily News & Analysis
Trak.in (blog) -Business Today -BGR India -Moneycontrol.com
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After IndusInd Bank, RBL enters race for merger with Bharat Fin – Moneycontrol.com


Moneycontrol.com

After IndusInd Bank, RBL enters race for merger with Bharat Fin
Moneycontrol.com
IndusInd Bank is not the only one interested in striking a deal with Bharat Financial. The newly-listed RBL Bank is also said to be interested in exploring a merger with Bharat Financial, sources with direct knowledge of the development said. Like this ...
Private banks beat market post Q3 results, gain up to 32%Business Standard

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When a share buyback is good for you? – Financial Express


Financial Express

When a share buyback is good for you?
Financial Express
The share buyback season is back again. Soon after Cognizant Technology announced its share buyback plan, TCS came out with a Rs 16,000-crore buyback offer, and now the board of Coal India arm NLC is said to have approved a Rs 1,244-crore buyback ...
Should you accept a buyback offer for your shares? Here's how to evaluateEconomic Times
Buy-backs galore in IT, but may dry outThe Hindu
TCS confident of maintaining leadership position in domestic market, says CEO Rajesh GopinathanFirstpost
ZDNet -Zee Business -Times of India -Hindu Business Line
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Steel Tycoon Bids to Offer Commercial India Flights on Modi Push – Bloomberg


Bloomberg

Steel Tycoon Bids to Offer Commercial India Flights on Modi Push
Bloomberg
JSW Group, the Indian conglomerate led by billionaire Savitri Jindal, applied under a subsidy program spearheaded by Prime Minister Narendra Modi to improve flight connectivity for small towns and villages. The most important market news of the day.
JSW Group looks to enter into civil aviation marketZee Business

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Are MFs gradually picking up Tata stocks after Chandra appointment? – Business Standard


Business Standard

Are MFs gradually picking up Tata stocks after Chandra appointment?
Business Standard
Tata Sons Board voted to remove Cyrus Mistry from the Chairmanship of Tata Sons on 24 October, 2016. After a knee-jerk reaction by mutual funds that were negative about the Tata group stocks post the replacement of Cyrus Mistry as the Chairman, they ...
Tata Sons has the power to force Mistry family to sell stakeLivemint
Tata Sons can force Mistry family to sell its stakeDaily News & Analysis
Rich legacy of the Tata groupThe Hindu
Swarajya -The Indian Express -Hindustan Times -Financial Times
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