Buy Aurobindo Pharma, target price Rs 1,755: JM FinancialJM Financial recommends buying Aurobindo Pharma with a target price of Rs 1755, up from the current Rs 1173.7, due to expected growth from ...
Bombay HC grants bail to gutka baron JM Joshi in Dawood links caseThe Bombay High Court on Monday granted bail to gutka baron J M Joshi pending hearing of his appeal against a 10 year sentence imposed on h...
ONDC may levy two kinds of fees to meet costs: CBOThe Open Network for Digital Commerce (ONDC) plans to levy two kinds of fees to meet its costs in the long run, the non-profit company’s ch...
Buy Hindustan Petroleum Corporation, target price Rs 260: JM FinancialThe brokerage maintains buy on the company on valuation grounds.
CBI files case against Indian Technometal Company for alleged fraud of Rs 555.65 crThe action followed a complaint from Union Bank of India (erstwhile Corporation Bank) alleging that the private company through its directo...
PMLA case: Bizman-actor Sachin Joshi remanded in ED custodyOn Monday, Sachin Joshi was produced before a special court hearing Prevention of Money Laundering Act (PMLA) cases, which remanded him in ...
SAT ends Leela over asset deal with Brookfield, for NowIf completed, the Leela-Brookfield deal will be the largest foreign investment in the hospitality sector and culminates more than a year of...
SAT allows Hotel Leela's asset sale to BrookfieldITC is now seeking to challenge the SAT ruling in the Supreme Court.
Gail moves appellate court to challenge Alok Industries resolution planGail has opposed the resolution plan because it did not consider the government-owned gas and petrochemical company’s claims.
Alok Industries' resolution could trip as some lenders oppose debt handoverThe sole bidder had offered a Rs 5,050 crore cash payment to settle the company’s debt of Rs 29,500 crore.
RIL, JM Fin ARC said to have made joint bid for AlokReliance Industries had shown interest in acquiring certain units of Alok Industries in November.
JM Financial’s ARC sole bidder for Alok IndustriesAlok Industries has received claims of Rs 29,519 crore from financial creditors.
Extension of Reliance Jio sops may shave off rivals’ earningsIncumbent carriers could see sharp erosion in Ebitda levels over next four quarters with Jio’s latest moves, analysts and industry experts ...
Development of corporate bond market a top govt priority: OfficialThe government has accorded top priority to developing a vibrant corporate bond market, a senior official said.
- Central Vigilance Commissioner asks PSU general insurance firms, banks to avoid frauds
Central Vigilance Commissioner Pradeep Kumar has asked state-run general insurance firms and banks to strengthen systems and procedures to ...
New banks will need fresh models to succeed: India Ratings CEONew banks will have to develop a fresh business model to succeed, including making profits in rural areas and tackling risks.
- Persistent Systems plans 49.74 lakh share IPO
Persistent Systems Ltd has filed papers for an initial public offering of 49, 74,836 equity shares with the Securities and Exchange Board o...