REC's board also approved raising Rs 12,000 crore through short term loan from banks/FIs/NBFCs and commercial paper.
The board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank or LIC Bank following the takeover by Life Insurance Corporation (LIC).
Abishek Surendran of pi Ventures will join the FrontdeskAI board that already includes BluePointe Ventures managing partner, Sandeep Sardana, and Speciale Invest managing partner, Vishesh Rajaram.
On the question of competition in the soaps category, Kataria said that the soap segment has always been a competitive category despite 100 percent penetration.
According to sources, Supertech is in advance stage of discussions with some potential buyers to sell this office complex, and the deal could be finalised soon.
Vodafone Idea Ltd, India's largest telecommunication company by subscribers, on Wednesday approved terms for its rights issue worth 250 billion rupees ($3.63 billion).
At 10:39 hrs, Jubilant Life Sciences was quoting Rs 791.10, down 6.01 percent on the NSE.
The cash strapped airline has lost 10 aircraft in the last two days taking the total number of attrition to 78 planes.
Rishi Agarwal has been appointed to head the e-commerce team of the company, who was previously with Snapdeal, Arvind and IBM
The regulator also ordered Singh brothers or their companies not dispose of or alienate any of their assets or divert any funds pending completion of the investigation and till further orders.
“It’s a neutral platform, designed to bridge the communication gap between doctors and consumers,” said Jawed Zia, Head of Abbott’s Pharmaceutical Business in India.
"A term sheet has been signed between both the parties so far which is a part of due diligence process," a source told Moneycontrol.
"We will reach out to every single voice in the industry that matters," said Subroto Bagchi, co-founder, Mindtree.
World Wire is the first blockchain network of its kind to integrate payment messaging, clearing and settlement on a single unified network.
The US and several other Western nations have shut Huawei out of tenders for the development of fifth-generation, or 5G, networks, because of the company's close ties to the Chinese government.
SpiceJet has become the first Indian low-cost carrier to join the IATA as a member.
The letter, dated December 19, 2018, was sent to Additional Commissioner, CGST, with copies to Reserve Bank of India and Serious Fraud Investigation Office.
Globally, across regions, banks need to implement 3DS2.0 between 2019 and 2020.
Revenue for the period increased 27 percent to 44.4 billion yuan, lower than the 47.4 billion yuan average estimate of 13 analysts.
Even before Nair's demise, the company had already sold off its luxurious Kovalam property and an IT Park in Chennai. But the high level of debt forced the company to keep exploring sale of properties.
In February 2016, Parsvnath Developers had terminated its development agreement with RLDA due to a title dispute related to a 38-acre land stretch that the company had bought for Rs 1,651 crore.
Mindtree will remain a separate entity and not be merged with L&T Infotech
The loan will be utilised for financing three solar photovoltaic power projects with a total capacity of 35 megawatt in the three provinces -- Karawa, Mbandaka and Lusambo.
Besides VGF, South Korea-based venture capital investor Atinum Investment also participated in the current round of funding.
"This increase in price is purely inflationary and we are certain that the two global iconic brands, Jaguar and Land Rover, will continue to attract existing and new customers," Jaguar Land Rover India President & Managing Director Rohit Suri said in a statement.