Business  /  Published 05.07.20

Cost pinch for investors from July

As the levy amount works out to be nominal, retail mutual fund investors should not be concerned. “The important aspect to keep in mind is that if an investor has a long-term investment horizon,...
By Pinak Ghosh in

Business  /  Published 01.07.20

Carlyle takes 25% in Airtel data arm Nxtra

The Carlyle group is acquiring an about 25 per cent stake in Bharti Airtel’s data centre business —Nxtra Data — for $235 million, or about Rs 1,780 crore, that sets the enterprise va...
By Our Special Correspondent in Mumbai

Business  /  Published 30.06.20

Jindal Steel & Power drives down debt

Naveen Jindal and family undertook an ingenious way to reduce the debt burden of Jindal Steel & Power Ltd. JSPL, where Naveen — younger brother of steel magnet Sajjan Jindal of JSW Group &m...
By Our Special Correspondent in Calcutta

Business  /  Published 29.06.20

Tata Steel in the red on asset writeoff

CESC on Monday reported a 6.44 per cent rise in consolidated net profit to Rs 446 crore in the March quarter, mainly on the back of higher revenues. The company’s consolidated net profit was Rs...
By Our Special Correspondent in Calcutta

Business  /  Published 15.06.20

RIL primed for more Jio Platforms deals

 After hawking a little over 22 per cent of its digital services arm to foreign investors, Reliance Industries may be hungry for more given the rich valuations it has bagged.Analysts are not ruli...
By Our Special Correspondent in Mumbai

Business  /  Published 14.06.20

Kotak backs checks on foreign takeovers

Newly elected CII president Uday Kotak has said he is not averse to the idea of takeover of weak businesses by financially strong entities as long as it is in the interest of investors.“Why should a...
By PTI in New Delhi

Business  /  Published 08.06.20

Mixed signal on tax

Finance minister Nirmala Sitharaman on Monday said the government would consider an extension in the deadline for availing the lower 15 per cent corporate tax rate on new investments.Sitharaman, howev...
By Our Special Correspondent in New Delhi

Business  /  Published 07.06.20

Three questions for investors

The situation we are currently in requires tough choices. Incomes have shrunk and unemployment has risen. Households and businesses alike have cash flow challenges. Therefore, how you use your cash in...
By Adhil Shetty in

Business  /  Published 07.06.20

New investor in Jio Platforms

Reliance Industries Ltd (RIL) on Sunday announced yet another investment by an overseas entity in its digital services arm.Abu Dhabi Investment Authority (ADIA) will invest Rs 5,683.50 crore in Jio Pl...
By Our Special Correspondent in Mumbai

Business  /  Published 03.06.20

Electronics gets Rs 50,000cr lift

The Centre on Tuesday announced a Rs 50,000 crore incentive scheme to promote the manufacturing of electronic products in India as the Narendra Modi-government looks to attract companies from China.T...
By Our Special Correspondent in New Delhi


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