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  3. fe bureau

FE Bureau

It is to be noted that Bosch has recently announced production suspension across its plants in Tamil Nadu, Karnataka and Maharashtra for a number of days to avoid inventory pile-up.
Bosch to restructure operations on weak automative demand

Meanwhile, the company has reported a 35% drop in its net profit for the quarter ended June 2019 to Rs…

By FE Bureau
August 14, 2019 01:32 IST
The rights issue opened on July 23 and closed on August 6. (Website image)
5Paisa.com’s rights issue oversubscribed 111 pct

The firm’s stock also ended the day on a positive note at Rs 134.25, up by 2.44% or Rs 3.20,…

By FE Bureau
August 14, 2019 00:52 IST
Promoters of 112 firms of the BSE-500 index have pledged their holdings.
Promoter pledges decline in June quarter

Companies in the Nifty-50 with over 5% of pledged promoter holdings were Adani Ports & SEZ (32.1%), Asian Paints (12%),…

By FE Bureau
August 14, 2019 00:51 IST
The NBFCs/HFCs can have the option to buy back their assets after 12 months as a repurchase transaction, on a right of first refusal basis.
Guarantee for NBFC assets: Rules framed with tough riders

The guarantee provided by the government on the assets will be valid for 24 months from the date of purchase…

By FE Bureau
August 14, 2019 00:49 IST
The panel also emphasised on not treating CSR as a means of resource gap funding for government schemes.
CSR obligation: Panel for making non-compliance a civil offence

The high-level committee, constituted in October 2018, made recommendations on strengthening the CSR ecosystem, including monitoring implementation and evaluation of…

By FE Bureau
Updated: August 14, 2019 07:16 IST
Though the Uniphore officials were tight-lipped on the valuation, market sources said that the firm is closer to becoming a Unicorn.
Uniphore raises $51 million in Series C funding

The company in the past had raised over $20 million through Series-A and B rounds from Krish Gopalakrishnan and ex-Cisco…

By FE Bureau
August 14, 2019 00:46 IST
The programme aims to train 450 managers in the organisation over the period of two years.
Zee partners KPMG to train 450 front-line managers

“Spanning seven months, the participants would go through multiple interventions inclusive of case studies, skill-drills, role-play, webinars & e-reads across…

By FE Bureau
August 14, 2019 00:45 IST
“Nobody can take even a one per cent chance… in case the position remains like this then we will take a call,” the judges said.
Jammu and Kashmir: Supreme Court refuses to intervene, for now

While the Centre submitted that it was doing everything necessary to maintain law and order in J&K, Poonawalla asked the…

By FE Bureau
August 14, 2019 00:44 IST
The happy seeder machine is mounted on a tractor to sow wheat into the soil.
Paddy stubble burning declines in western UP, Haryana and Punjab: ICAR

As harvesting of kharif paddy crop may start from October in these states, ICAR is geared up to distribute over…

By FE Bureau
August 14, 2019 00:42 IST
CARE Ratings, Telangana, Telangana solar projects, electricity distribution, Acme Solar
CARE Ratings lowers outlook for Telangana solar projects to negative

Out of these, the agency has downgraded the ratings on projects of two subsidiaries of Acme Solar (Dayakara Solar and…

By FE Bureau
August 13, 2019 07:19 IST
Catholic Syrian Bank, SEBI, draft red herring prospectus, DRHP, Axis Capital, IIFL securities
Catholic Syrian Bank files DRHP with Sebi

The fund-raise will also help it to ensure compliance with guidelines related to Basel III regulations and other regulatory requirements.

By FE Bureau
August 13, 2019 02:41 IST
Exporters, Tirupur Exporters’ Association, Merchandise Exports, readymade garments, garments industry
Exporters seek alternative scheme after MEIS removal

The revival of export growth was resumed when there was news that the government would announce Rebate of State and…

By FE Bureau
August 13, 2019 02:39 IST
Payments, AePS, AePS transactions, National Payments Corporation of India, automated teller machines, AadhaaR-enabled payment system
AePS boom: Aadhaar-enabled transactions cross 200 million mark in July

In July 2019, the transaction count of AePS stood at 220.18 million with a transaction value of Rs 9,685.35 crore,…

By FE Bureau
Updated: August 13, 2019 07:16 IST
Kotak Investment achieves final close to fund at $1 billion

The fund was launched in February 2019 and is anchored by a $500-million commitment from a wholly owned subsidiary of…

By FE Bureau
August 13, 2019 01:25 IST
Natco Pharma, USFDA, Mekaguda Village, active pharmaceutical ingredient, Kothur facility
Natco Pharma gets 6 observations from USFDA

The company said it will provide due justifications and corrective action plan within the next 15 working days to address…

By FE Bureau
August 13, 2019 01:23 IST
Reliance Jio, Reliance Jio cloud service, start-ups, MSMEs, mukesh Ambani, connectivity, productivity
Reliance Jio launches connectivity and cloud services for MSMEs

Talking about small businesses, Ambani said a bundle of connectivity, productivity and automation tools now costs a micro and small…

By FE Bureau
Updated: August 13, 2019 12:21 IST
Reliance Industries, online-to-offline, New Commerce, Mukesh Ambani, Internet of Things, Artificial Intelligence
Mukesh Ambani’s Reliance sees a $700 billion opportunity in New Commerce

Calling New Commerce as a new business opportunity of $700 billion, chairman Mukesh Ambani said, “The main purpose of New…

By FE Bureau
Updated: August 13, 2019 07:15 IST
Anil Agarwal, Jet Airways, Jet Airways bid, Vedanta, Jet Airways resolution process, Etihad airways
Jet Airways resolution: Anil Agarwal gets cold feet, pulls out of bid

“The EoI for Jet Airways by Volcan was exploratory in nature. On further evaluation and considering other priorities, we intend…

By FE Bureau
Updated: August 13, 2019 07:14 IST
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Latest News

Nobel laureate John Jumper joins Anthropic, quits Google DeepMind after nearly 9 years

Anthropic’s $965B valuation creates 7 new AI billionaires worth $16.6B each

Russia offers India advanced Su-57 fighter jets, air defence systems, Putin eyes $100 billion trade milestone

Russia offers India advanced Su-57 fighter jets, air defence systems, Putin eyes $100 billion trade milestone

Poonawalla Fincorp share price, Poonawalla Fincorp target price, Jefferies on Poonawalla Fincorp

Why Jefferies bets Poonawalla Fincorp can deliver fastest sector growth, eyes 23% upside

The investment in S3 Unit-II stands at Rs 39.49 crore, funded entirely through internal accruals.

CG Power commissions new Rs 39.5-Crore Nashik plant, boosts EHV Switchgear capacity by 80%

Aditya Birla Group Chairman Kumar Mangalam Birla.

Kumar Mangalam Birla sees India’s Amrit Kaal as ‘once‑in‑a‑generation chance’ to become a global economic power – Here’s why

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