Business

Aligning with an organised chain seems to be the only viable solution: Accor India

As in other businesses, the Covid-19 pandemic has led to multiple changes in the hospitality sector, one that thrived on personal touch has to contend…

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Ikea India’s loss further falls to Rs. 720 crore

Furniture retailer Ikea India saw  its net loss further falling to Rs 720.1 crore in the financial year that ended March 2020.The company had registered…

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M &A deals grow in second half as firms strive to stay afloat

From a near-decade lows in 2020 dealing with down the pandemic with a string of enormous transactions in the second half of the 12 months that dealmakers…

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SBI, UBI and IOB term accounts of RCOM as fraud

The State Bank of India (SBI), the Union Bank of India (UBI) and the Indian Overseas…

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Delhi HC allows Serious Fraud Investigation Office (SFIO) to interrogate former Fortis Healthcare promoter Shivinder Mohan Singh, his brother Malvinder and two others in connection with an ongoing probe into the affairs of Religare Enterprises Ltd (REL) a

The Delhi High Court has allowed the Serious Fraud Investigation Office (SFIO) to interrogate former Fortis Healthcare promoter Shivinder Mohan Singh,…

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NCLT approves record number of resolution plans between Jan and Sept.

A record number of 78 resolution plans were approved by bankruptcy courts in the first 9 months of this year, according to a Insolvency and Bankruptcy…

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Consolidated revenue of Snapdeal drops 1 pc to Rs 916 crore revenue in FY20

Consolidated revenue of Snapdeal dropped 1 per cent from Rs 925.3 crore to Rs 916 crore during FY 20 on the back of continued investments made by it…

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Coal India set to diversify into non-coal mining areas

After the demand for coal kept on decreasing for most of this year amid the Coronavirus pandemic impacting economic activities, Coal India Ltd (CIL)…

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