Well-known investor Rakesh Jhunjhunwala has teamed up with a consortium of private equity firms that include WestBridge Capital and Madison Capital to acquire private health insurer Star Health in a deal estimated at around Rs 6,500 crore.
Beverage major Coca-Cola India on Monday announced changes in its leadership structure with the appointment of Sundeep Bajoria as vice-president, South West Asia operations, and Chandrasekar Radhakrishnan as vice-president (strategy & insights), Coca-Cola India & South West Asia.
The Reserve Bank of India (RBI) is planning more steps to strengthen the credit bureaus but to do that the government has to make some legislative amendments, N.S. Vishwanathan, the apex bank's deputy governor, said on Monday.
Bharti Airtel (Airtel) and ZEE Entertainment Enterprises Ltd (ZEEL) have entered into an arrangement under which Bharti's mobile and broadband users will get exclusive access to some of Zee's content - just days after Zee snapped ties with Reliance Jio because of disagreement over price.
The finance ministry has proposed amendments to the income tax rules to obtain "no deduction of tax" certificate electronically, a move aimed at minimising human interface and reducing compliance burden.
Bengal chief minister Mamata Banerjee on Monday urged state government officials in the micro, small and medium enterprises (MSME) department to increase their fieldwork and engage with the local SME businesses to understand their issues.
Leading exchanges BSE and the NSE will suspend trading in the shares of as many as nine firms, including banking fraud-accused Mehul Choksi's Gitanjali Gems, from September 10 for not complying with listing norms pertaining to the submission of financial results.