Search Results for: restructuring

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FICCI-IBA Annual Global Banking Conference: Here is what RBI governor Raghuram Rajan spoke

RBI governor Raghuram Rajan touched upon many bank-related issues during his inaugural address at the FICCI-IBA banking conference.

Aug 17, 2016

Ola shutting down TaxiForSure business; to lay off 700 employees

Ola will cut jobs in TaxiForSure's call centre, driver relations department and business development unit.

Aug 17, 2016

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Prestige Estates plans business restructuring

Bengaluru-based real estate firm Prestige Estates informed BSE that it has formed a committee to explore business restructuring.

Aug 12, 2016

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Aditya Birla Nuvo to merge with Grasim; financial services business to be merged with Aditya Birla Financial Services

The boards of Aditya Birla Nuvo and Grasim approved to merge into one entity; Aditya Birla Financial Services to list separately.

Aug 11, 2016

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Rail, general budget merger proposal being examined, says finance ministry official

A Union Finance Ministry official said the Central government has already started examining the possible merger of rail and general budgets.

Aug 8, 2016

StanChart sees further cuts to bad loan provisions in China, India

A sharp spike in non-performing loans in China and India had weighed on the Asia-focused bank's balance sheet in recent years.

Aug 4, 2016

Cricket experts, journalists react to Supreme Court's 'historic' verdict on BCCI

No minister can be a part of the BCCI, the SC has categorically mentioned.

Jul 18, 2016

Educomp forms joint venture with Ebix Software; shares up 5.5%

The joint venture has been formed with an aim to bid for larger government tenders for education related projects.

Jul 18, 2016

Steel Imports MIP Steel imports from China

Essar Steel Algoma sale suffers setback; American PE fund KPS Capital Partners opts out of bidding consortium

The consortium agreement has been terminated, but the lenders will continue to bid independently.

Jul 15, 2016

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Mahanagar Gas shares list at a huge premium, JP Asso plunges on SDR setback

Mahanagar Gas Limited (MGL) shares listed at about 30 premium on the BSE. JP Associates is likely to be taken over by lenders.

Jul 1, 2016

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NSE plans share listing on Indian, overseas exchanges in 2017

By April 2017, the National Stock Exchange will also file papers seeking for an international listing.

Jun 27, 2016

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Read full text of RBI governor Raghuram Rajan's letter to employees here

Evincing a preference for academics, RBI governor Raghuram Rajan has ruled out seeking a second term at the central bank.

Jun 18, 2016

McDonald's cost-cutting exercise in US may lead to India outsourcing

In an effort to show $500 million in savings by 2017, McDonald's will lay off a few employees in the U.S., according to a report.

Jun 18, 2016

Sensex ends flat after volatile trading; JP Associates top gainer, Bhushan Steel up 11.52%

JP Associates gained 15.57 percent and closed at Rs. 7.94 on the BSE.

Jun 14, 2016

U.S. House passes Puerto Rico debt relief bill

By a vote of 297-127, the House approved the bill, sending it to the Senate for consideration.

Jun 10, 2016

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