Overall we find this deal transaction earnings accretive and believe that synergy benefits are worth watching out for.
Restricting complimentary meals could lead to confusion among passengers and brand dilution, say experts
LIC's open offer to purchase 26 percent shares of IDBI Bank opened on December 3 and will close on December 14.
The company, which plans to have all its future products on just two platforms -- Omega and Alpha, currently has around 790 dealerships across the country.
Backed by favourable socio-economic factors, the domestic poultry industry is expected to grow at a steady pace over the medium to long term
In a statement, the California-based firm founded by Raviteja Dodda and Yashwanth Kumar said that existing investors Helion Venture Partners and Exfinity Ventures also participated in the latest round.
The sale could happen through a combination of primary capital infusion or a secondary stake sale or a combination of both
The company's wholly owned subsidiary Orit Laboratories LLC has received approval from the US Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Glycopyrrolate tablets USP in the strengths of 1 mg and 2mg, Alembic Pharmaceuticals said in a BSE filing.
According to a regulatory filing, Pabrai Investment Funds II and persons acting in concert, which held 7.16 percent stake in Repco Home Finance earlier, sold 17.85 lakh shares representing 2.85 percent of equity stake.
It is, however, unclear whether Ola's co-founder Bhavish Aggarwal will accept more capital from SoftBank
With the Cabinet giving the green signal to change the state's three-tier Cooperative Credit Structure into two-tier, by amalgamating the DCCBs with the PSCB, the latter has now become a larger entity bank.
Under the terms of the deal, GFG Alliance company Liberty Steel USA will acquire KCI, including all its subsidiaries, for USD 320 million in cash, less certain assumed liabilities.
The company is hopeful that the facility will play a crucial role in development of artificial intelligence and machine learning in OnePlus products and also drive innovations that are centric and relevant to its Indian users, it said in a statement.
The objective of this competition is to find out innovative methods/ ideas which are commercially viable and practically implementable for achieving 100 percent ash utilisation at NTPC in environmental-friendly manner, an official statement said.
"As of now, the company has not received any query from SEBI with regards to whistleblower complaint, Sun Pharma founder and MD Dilip Shanghvi said.
Unilever's interest in Horlicks is to grow its foods business that currently generates more than Rs 10,000 crore worth of revenues.
M Saraswathy gets in conversation with Moneycontrol's Nitin Agrawal to discuss the waning auto sector, the performance of commercial vehicle segment and much more.
The steps are part of the bigger turnaround plan that the airline initiated last year to save up to Rs 2,000 crore over the next two years
Despite oil prices softening, automobile majors continue to post a weak set of volumes due to muted consumer sentiment caused by liquidity crunch, non-availability of retail finance and moderate festive season
The special edition, XJ50 will be available in long wheelbase with 3 litre diesel engine option, the company said in a statement.
Singhi takes over from the outgoing President Shailendra Chouksey.
The sale of land, building and other realty assets is part of the government's plan to trim the Rs 55,000 crore debt burden of Air India as this will make the airline competitive and fetch a better valuation when the government plans strategic sale of national carrier again.
The Supreme Court on November 30, had asked the Department of Telecom (DoT) to give a no-objection certificate (NoC) to Reliance Communications to sell its spectrum to Reliance Jio, provided a corporate guarantee of the said amount is furnished by its group firm in favour of government.
The transaction is an all equity merger with 4.39 shares of HUL being allotted for every share in GSKCH India, which sells consumer healthcare prodcts, including popular drink brand Horlicks.
Weakening macroeconomic condition marked by rise in crude oil prices, rupee depreciation, rising interest rate regime coupled with regulatory challenge coming from mandatory long-term insurance as well as natural calamity like floods in Kerala had dampened the demand for most of the auto majors in India in September 2018. However, festive season brought cheers to selected pockets in the month of October 2018.