Business

Oaktree Capital hikes its bid to acquire DHFL by Rs 1,700 crore

The tussle between Oaktree Capital and the Piramal group is getting fiercer with the former hiking its bid to acquire the cash trapped DHFL by Rs 1,700…

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Profits of steelmakers like Tata Steel, JSW Steel and others may jump as China bans Australian coal

The earnings of Indian steel manufacturers such as JSW Steel, Tata Steel and others are likely to go up in the coming months as the prices of coking…

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Reliance Industries to increase its stake in IMG-Reliance Ltd.

Reliance Industries Limited has decided to increase its stake in IMG-Reliance Ltd by buying out IMG Worldwide LLC from the sports management business.…

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Aurobindo Pharma to make and sell COVAXX's vaccine for India

Under a licensing deal, Aurobindo Pharma Ltd has announced that it would make and sell U.S.-based COVAXX’s COVID-19 vaccines for supply in India and…

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New UK Global tariff may benefit Indian exporters of USD 32 billion

The new UK Global Tariff (UKGT), that has been proposed by Britain to be applied on imports after December 31, 2020, may benefit Indian exporters as…

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Lot many initiatives introduced by the Railways to attract more business in its parcel services

After the Railway minister Piyush Goyal conducted a review of the parcel business of the  Indian Railways recently, several initiatives have been introduced…

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Inquiry of GST finds out that Instacart is availing credit fraudulently

In an investigation, the GST Intelligence has found that Instacart Services, a subsidiary of Flipkart availed fraudulent input tax credit (ITC) worth…

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One97 Communications reports marginal loss of 1 per cent in its revenues

One97 Communications, that owns and operates digital payments service Paytm, has reported a marginal 1 per cent fall in its revenues and a 28 per cent…

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