The Telegraph
Friday , May 19 , 2017

SoftBank cash in Paytm wallet

Japanese conglomerate SoftBank has pumped $1.4 billion (over Rs 9,079 crore) into One97 Communications Ltd, an entity that operates the mobile payments and e-commerce platform under the Paytm brand.   | Read..

CESC plugs into four-way split

CESC Ltd today announced the demerger of its power, retail and IT businesses on expected lines and declared a de-facto bonus of 1:2 but the scheme of arrangement failed to...   | Read..

GM slams brakes on local sales

General Motors will stop selling cars in India from the end of this year to improve its bottom line.   | Read..

Twin trouble for consolidated show

CESC Ltd has reported a 3.4 per cent decline in total comprehensive income at Rs 724 crore on a consolidated basis for 2016-17 despite a 14.64 per cent year-on-year rise in...   | Read..

UBI back in black

The United Bank of India has reported a fourth-quarter net profit of Rs 73.56 crore compared with a loss of Rs 413.04 crore in the corresponding year-ago period.   | Read..

Law on way to book tax fugitive

The government today came out with a draft legislation to confiscate properties of "fugitive economic offenders" who flee the country to escape the law.   | Read..
SoftBank cash in Paytm wallet

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