Himadri Ghosh

Articles by Himadri Ghosh

Email : editor@ibtimes.co.in

Deal locked: Amazon to buy 5 percent stake in Shoppers Stop for Rs 180 crore

Following the deal, the company will now hold an extraordinary general meeting (EGM) of its shareholders to seek their approval for this deal.

Sep 24, 2017

PSB consolidation: Dena Bank, Vijaya Bank enter into merger talks

The merger was initiated keeping in mind the geographical reach of both banks -- Vijaya Bank in southern India, and Dena Bank in the west.

Sep 22, 2017

In a first, Baba Ramdev's Patanjali to tap equity-linked fund to raise Rs 1000 crore

Currently the company has 50 manufacturing units and it is planning to scale up production at its existing facilities in Maharashtra, Assam, Andhra Pradesh.

Sep 22, 2017

NDTV denies reports of SpiceJet owner Ajay Singh picking up majority stake

Promoter shareholding in NDTV as of June 2017 stood at 61.45 percent, while the remaining 38.55 percent is held by the public.

Sep 22, 2017

Cheque books, IFSC codes of six banks will be invalid after September 30: SBI

Users can avail the new cheque books via Internet and mobile banking, ATMs or by visiting the home branch, the lender said.

Sep 21, 2017

Yes Bank slashes 12% of its workforce citing digitisation, poor performance

A bank insider said that the lender will continue to cut jobs even in the near future to reduce redundancy, while attracting top talent for key growth functions.

Sep 21, 2017

Silver lining: Cyrus Mistry's firms get NCLAT go-ahead to challenge Tata Sons

A NCLAT bench headed by Justice SJ Mukhopadhaya has asked NCLT to dispose of the matter in three months.

Sep 21, 2017

Sensex tanks 180 pts, rupee hits 10-week low as US Fed holds interest rate

The US central bank further said that in October, it would start reducing it's approximately $4.2 trillion in holdings of US Treasury bonds and mortgage-backed securities.

Sep 21, 2017

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P2P lending firms to be treated as NBFCs: RBI

The notification is a precursor to the guidelines the apex bank is likely to lay down soon for the regulation of P2P lending in India.

Sep 20, 2017

Tata Steel joins hands with Thyssenkrupp to build Europe's second largest steel enterprise

Tata plants in Netherlands and the UK will be combined with Thyssenkrupp's German assets.

Sep 20, 2017

SBI Life's Rs 8,400 crore IPO hits capital market; here's what brokerages say

Market analysts believe that the stock is fairly valued and advice subscribing to the issue due to its strong distribution network, brand value, superior product mix and healthy growth.

Sep 20, 2017

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Trai cuts cross-network connection charge: Advantage Jio, more worry for Airtel and Vodafone-Idea

While cutting the IUC, rate the authority added that the termination rates will be abolished from January 1, 2020.

Sep 20, 2017

Visa lifeline for IT: US H-1B premium visa processing is back on the rails

Premium processing has also been resumed for the annual 20,000 additional petitions set aside for workers with US higher educational degrees.

Sep 19, 2017

GST recoil: Modi government eyes spending cuts due to low tax collection

If the current trend continues till the year-end, revenue shortfall could be as much as Rs 80,000 crore ($12.5 billion).

Sep 19, 2017

Tata Sons plans to buy stake worth Rs 2,000 crore in Tata Motors, shares jump

It's the second instance since December 2016 when Tata Sons is buying a stake in Tata Motors.

Sep 19, 2017

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Bull run: Nifty hits all-time high, Sensex up 200 pts, Auto stocks gain

The benchmark BSE index was 0.63 percent higher at 32,474.86; gains were broadbased as the S&P BSE MidCap Index rose 0.75 percent, while the S&P BSE SmallCap Index advanced 0.97 percent.

Sep 18, 2017

Big Billion Days sale: Flipkart eyes new customers to retain market leader tag

Market analysts expect gross sales across online retailers to touch Rs 170 crore ($1.7 billion) during the festive sales period.

Sep 18, 2017

Go Green: TVS Motor to introduce electric two-wheelers soon

The two-wheeler maker believes that with emerging technologies in the vertical, the company can fulfill the actual needs of the customer.

Sep 18, 2017

Vijay Mallya's confiscated shares worth Rs 100 crore transferred to govt: Report

The ED is in a process of confiscating assets of Mallya in connection with the defaulted loan of over Rs 6,000 crore by Kingfisher Airlines.

Sep 18, 2017

GoM admits that network glitches stymied GST filing

Sushil Kumar Modi-led GoM gives Infosys a month to fix glitches, mandates that team will review progress every fortnight.

Sep 17, 2017

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Articles by Himadri Ghosh

Deal locked: Amazon to buy 5 percent stake in Shoppers Stop for Rs 180 crore

PSB consolidation: Dena Bank, Vijaya Bank enter into merger talks

In a first, Baba Ramdev's Patanjali to tap equity-linked fund to raise Rs 1000 crore

NDTV denies reports of SpiceJet owner Ajay Singh picking up majority stake

Cheque books, IFSC codes of six banks will be invalid after September 30: SBI

Yes Bank slashes 12% of its workforce citing digitisation, poor performance

Silver lining: Cyrus Mistry's firms get NCLAT go-ahead to challenge Tata Sons

Sensex tanks 180 pts, rupee hits 10-week low as US Fed holds interest rate

P2P lending firms to be treated as NBFCs: RBI

Tata Steel joins hands with Thyssenkrupp to build Europe's second largest steel enterprise

SBI Life's Rs 8,400 crore IPO hits capital market; here's what brokerages say

Trai cuts cross-network connection charge: Advantage Jio, more worry for Airtel and Vodafone-Idea

Visa lifeline for IT: US H-1B premium visa processing is back on the rails

GST recoil: Modi government eyes spending cuts due to low tax collection

Tata Sons plans to buy stake worth Rs 2,000 crore in Tata Motors, shares jump

Bull run: Nifty hits all-time high, Sensex up 200 pts, Auto stocks gain

Big Billion Days sale: Flipkart eyes new customers to retain market leader tag

Go Green: TVS Motor to introduce electric two-wheelers soon

Vijay Mallya's confiscated shares worth Rs 100 crore transferred to govt: Report

GoM admits that network glitches stymied GST filing

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'