Corporate

L&T ropes in former telecom secretary Aruna Sundararajan as director

L&T ropes in former telecom secretary Aruna Sundararajan as director after DoPT nod L&T ropes in former telecom secretary Aruna Sundararajan as director after DoPT nod – The top official Aruna Sundararajan to hitch L&T Infotech, an IT solutions and services company, as an independent director for a five-year term. On Tuesday the govt agreed […]

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Adani, KKR, Edelweiss eye Mahindra Susten’s solar assets

Adani, KKR, Edelweiss eye Mahindra Susten’s solar assets Adani, KKR, Edelweiss eye Mahindra Susten’s solar assets – The Adani Group, private equity firm KKR and Edelweiss Infrastructure Yield Plus Fund have separately evinced interest in acquiring 810 megawatts (MW) solar projects of Mahindra Susten, the renewable business arm of Mahindra group, said two people conscious […]

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Qualcomm India commits USD 1.5 mn to support India fight Covid19

Qualcomm India commits USD 1.5 mn to support India fight Covid19 Qualcomm India commits USD 1.5 mn to support India fight Covid19 – USD 1.5 million (about Rs 11.3 crore) towards the country’s efforts to tackle the spread of COVID-19 infection has been pledged by Qualcomm India on Tuesday as they put a helping hand […]

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KKR to hire TPG veteran Gaurav Trehan to head India PE biz

KKR to hire TPG veteran Gaurav Trehan to head India PE biz KKR to hire TPG veteran Gaurav Trehan to head India PE biz – One of the profound Partner of the TPG Capital, Mr. Gaurav Trehan is leaving the buyout group after a 16-year stint to go the India private equity business at KKR, […]

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Max Financial First Large Corporate To Settle Tax Dispute

Max Financial First Large Corporate To Settle Tax Dispute Under Vivad Se Vishwas Scheme Max Financial First Large Corporate To Settle Tax Dispute Under Vivad Se Vishwas Scheme – On Wednesday that it’s settled a long-pending tax case under the dispute resolution scheme tax Vivad Se Vishwas 2020 by Max Financial Services Ltd (MFSL) which […]

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Reliance Jio & Vista Equity Partners Deal: Know about Investment Firm

Reliance Jio & Vista Equity Partners Deal: Know about Investment Firm Reliance Jio & Vista Equity Partners Deal: Know about Investment Firm – Reliance Industries Ltd and Jio Platforms have announced an Rs 11,367 crore investment by Vista Equity Partners Ltd into Jio Platforms. US-based private equity firm that runs the world’s largest exclusively tech-focused […]

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BHEL’s invitation to companies leaving China a win-win situation

BHEL’s invitation to companies leaving China a win-win situation, say analysts BHEL’s invitation to companies leaving China a win-win situation, say analysts – India’s public sector power equipment maker Bharat Heavy Electricals (BHEL)’s decision to partner with foreign companies who wish to use its currently idle factories for manufacturing from India might be a win-win […]

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Reliance Jio to take on Zoom, Google Meet with video conferencing app JioMeet

Reliance Jio to take on Zoom, Google Meet with video conferencing app JioMeet Reliance Jio to take on Zoom, Google Meet with video conferencing app JioMeet – Reliance Jio on Thursday announced its plans to enter the video-conferencing space with its app Jio Meet. With this Reliance won’t only enter the booming video-conferencing space, it’ll also […]

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GSK plans to sell Rs 28,000 Cr stake in Hindustan Unilever

GSK plans to sell Rs 28,000 Cr stake in Hindustan Unilever GSK plans to sell Rs 28,000 Cr stake in Hindustan Unilever – After completion of the merger between GlaxoSmithKline Consumer Healthcare and Hindustan Unilever Ltd (HUL). GlaxoSmithKline (GSK) plc, which owns a 5.7 percent stake in Hindustan Unilever Ltd (HUL), is getting to sell […]

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Coca-Cola’s bottling partner announces increments; no salary reduction

Coca-Cola’s bottling partner announces increments; no salary reduction or lay-offs in India NEW DELHI: Coca-Cola’s bottling partner announces increments; no salary reduction or lay-offs in India – The bottling partner HCCB (Hindustan Coca-Cola Beverages) has announced 7-8% increment in salaries to its 7,000 direct employees effective April 1, as the beverage maker Coca-Cola’s company-owned firm […]

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