HSBC Daisy Investments (Mauritius) on Monday told the Mumbai bench of the National Company Law Tribunal (NCLT) that the sale of assets by Reliance Communications would lead to “oppression”.
Valuation bid for the assets not immediately known, but Tata Steel is likely to win both
Dr Reddy’s Laboratories (DRL) on Monday said its chairman Satish Reddy, COO Abhijit Mukherjee and US subsidiary have been included as defendants in the class action lawsuit filed against it by investors.
Investor duo Anil Chawla and Pramod Bhasin are in the final stages of stitching together a Rs 1,000-crore domestic Alternate Investment Fund (AIF) for investing in distressed assets, sources with direct knowledge of the fund-raising exercise said.
Prime Minister Narendra Modi on Monday said India was on the cusp of digital revolution, and skilling the youth will make the nation ready for future.
Nasscom on Monday launched a platform for skill development in eight varied technologies, starting with artificial intelligence (AI), for creating skills for future jobs in the country.
Poses tough questions on whether there were any supervisory or regulatory lapses
The country’s largest telecom operator, Bharti Airtel, has partnered with HMD Global to offer prepaid subscribers a cashback of Rs 2,000 on the purchase of the Finnish company’s 4G smartphones —Nokia 2 and Nokia 3.
Star India-owned video over-the-top (OTT) platform Hotstar seems to be popular among users, given that mobile accounts for more than 90% of watchtime versus other platforms such as desktop, according to latest data shared by its parent — Novi Digital Entertainment.
New NPA norms and the PNB scam pour cold water on fund-raising plans amid hammered shares
Global energy management and automation giant Schneider Electric has been gradually getting into the retail space in the country.
The government is working on a cyber security monitoring and interference model, which will help law enforcement agencies to track activities of cyber criminals and terrorists who use the dark web to communicate as well as to buy and sell various products and services.
The Hundred-Year-Old Man Who Climbed Out the Window and Disappeared by Jonas Jonasson.
The overuse of Madhuri Dixit Nene as a supermom by multiple brands in recent times is definitely no differentiator in Mortein Insta’s new ad
There is a lot of social and political pressure on Facebook and Google to be transparent with their customers. And there is a lot of pressure on companies as well, looking at the social climate, to do the best things for humanity.
2018 will see an interesting upswing of users opting for more regional language content and brands will have to follow suit
Artificial intelligence has finally found its voice, literally. At this year’s Consumer Electronics Show (CES) in Las Vegas, you could not avoid Amazon’s Alexa and Google’s Assistant, not to mention Baidu’s Duer and Samsung’s Bixby.
In the US, Amazon recently took artificial intelligence (AI) to a new level with the official unveiling of its offline store Amazon Go in Seattle, wherein AI algorithms can watch the various video feeds and identify who is picking up which item from the shelf.
The PNB scam has triggered a top level exodus at Gitanjali Gems, with board member S Krishnan saying that there was no one to even organise a board meeting to clarify the issues surrounding the purported fraud.
Embroiled in a major fraud, state-owned PNB today assured all its customers that “enough arrangements” for their banking transactions without any inconvenience, and it has sufficient assets to meet any liability.
The CBI today arrested three more Punjab National Bank (PNB) officials after intense grilling during the day in connection with Rs 11,384 crore scam involving billionaire jewellery merchants Nirav Modi and Mehul Choksi, officials said.
Nirav Modi,the kingpin behind the largest banking scam in the country’s history, has virtually wrung his arms in the air saying PNB’s overzealousness has shut the doors on his ability to clear the dues, which he claimed is much lower than the bank has gone public with.
Passengers of a Bengaluru-bound GoAir flight had tense moments at the airport here after a pilot allegedly made threatening remarks.
Law firm Shardul Amarchand Mangaldas’ founder Pallavi Shroff has joined the board of digital payment firm Paytm.
India’ s biggest innovators and thought-leaders will explore ways of transforming economic, social, cultural and technological landscape of India at an annual conference at the prestigious Massachusetts Institute of Technology this year.
Binani Industries has approached the National Company Law Tribunal (NCLT) seeking permission to participate in the decision making the process for the sale of its debt-ridden subsidiary Binani Cement Ltd by the Committee of Creditors.
Customers of about 90 utility firms including power, telecom and DTH, can now pay their bills online using Google Tez applications, the company said today.