Carillion collapse, politics weigh on UK infra fund HICL

May 23 2018

HICL posted a 31 percent fall in full-year pre-tax profit and said the political environment and collapse of building contractor Carillion weighed on earnings,

Galliford Try says charges from Aberdeen project to increase

May 22 2018

Galliford Try Plc is likely to face additional costs due to weather-driven delays in the construction of Aberdeen’s new ring road this year, the company said.

Carillion bosses' personal greed and recklessness led to downfall

May 16 2018

Bosses of Carillion should face an inquiry into their fitness to serve as directors after they masked company’s financial ill-health with accounting tricks.

British outsourcer Interserve signs new funding deal

Apr 27 2018

British construction and services company Interserve (IRV.L) said on Friday it signed refinancing deal with its lenders in a move to strengthen its cash balance.

Capita turns to shareholders to fund business relaunch

Apr 23 2018

Capita is raising 700 mn pounds to reshape a business that Lewis said had failed to adequately control costs and had grown unwieldy through acquisitions.

Carillion a factor as European outsourcing contracts slump: Report

Apr 18 2018

The collapse of construction firm Carillion and other problems in the British market contributed to a 20 percent drop in outsourcing contracts in Europe.

'UK's pensions regulator ignored trustee requests on Carillion'

Feb 20 2018

Britain’s pensions regulator twice ignored requests from trustees of collapsed outsourcing firm Carillion to force the company to plug its pension deficit.

British construction Galliford Try looks to raise 150 mn pounds

Feb 14 2018

Galliford Try laid out plans to raise 150 million pounds from investors in coming weeks and said it would bring forward plans to increase its dividend cover.

British government says another 101 jobs at Carillion will be cut

Feb 08 2018

The British government said that another 101 jobs at Carillion Plc will be cut, as the fallout from Britain’s biggest corporate failure in a decade continues.

Handelsbanken fourth-quarter profit hit by Carillion collapse

Feb 07 2018

Handelsbanken reported fourth-quarter profit below expectations as loan losses stemming from the collapse of British construction and services group Carillion.

Indian Markets


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Stocks In News



I-T department probing acquisition of Chanda Kochhars Mumbai Residence

I-T department looking into acquisition of the residence by Deepak Kochhar

Acquisition of residence said to be linked to firms of Videocon group

Indian Express Reports


3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune

Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers

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SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank

B Sriram is the longest serving PSB MD

B Sriram Has Experience In Managing Stressed Assets


Wins bid for Connaught Place in Delhi

Taj Group wins 33-year lease for Connaught Hotel in E-auction

Offered to share 31.8% of annual revenue earned with civic body


Have not received any notice from ED on FEMA violations


U.S. to levy tariff on Indian welded pipes

U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India

China, South Korea, & Turkey to also face duties from U.S.

U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017

U.S. International Trade Commission scheduled to make a final decision By Dec 20

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