After years of trying to get a foothold in India through a greenfield project and almost getting it via a brownfield acquisition, ArcelorMittal on Tuesday castigated corporate rivals for trying to sabotage its takeover bid of Essar Steel under IBC
The Reserve Bank of India today said it would buy up to 100 bln rupees worth of five government bonds through open market operations on Thursday.
Lenders and home buyers of Jaypee Infratech may extend by around 15 days the January 27 deadline to submit proposals to revive the debt-ridden firm as shortlisted bidders have sought more time, sources said.
Asian Paints Tuesday reported 14.09 per cent increase in its consolidated net profit to Rs 647.15 crore for the third quarter ended December 31, 2018.
Markets regulator Sebi Tuesday imposed a total fine of Rs 18 lakh on two entities for executing reversal trades, leading to creation of artificial volume in illiquid stock options at BSE.
Shree Cement on Tuesday reported a decline of 9.61 per cent in its standalone net profit to Rs 301.29 crore for the third quarter ended December 2018.
Electrical goods maker Havells India Tuesday reported a 0.67 per cent rise in standalone net profit at Rs 195.67 crore for the quarter ended December 2018.
HDFC Life on Tuesday reported 18.3 per cent growth in profit at Rs 245.63 crore for the third quarter ended December 31. The private sector insurer's profit stood at Rs 207.32 crore in the same quarter of 2017, HDFC Life said in a statement.
A week after the launch of the loan waiver scheme in Madhya Pradesh, the Congress govt claims 19.54 lakh farmers have filed their applications. Opposition BJP has been calling the "Jai Kisan Rin Mukti Yojana" a trick to cheat the farmers.