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1-10 results from 1000 for query «firms»

26 April, 2018 3:58 AM Advent, Carlyle, GA in race to buy Pepe Jeans India: Report

The US-based private equity firms are eyeing a controlling stake in Pepe Jeans' Indian subsidiary. Three US-based private equity funds are in the running to acquire Pepe Jeans' Indian subsidiary, according to a Mint report. Advent International, The Carlyle Group and General Atlantic Llc (GA) have been shortlisted to buy a controlling stake in Pepe Jeans 40

25 April, 2018 4:33 PM ‘Cryptocurrency ban could cost India dear’

Is govt. ready to lose billions if the trade happens outside country: Alluma CEO The Reserve Bank of India’s decision to bar banks and non-banking financial companies from having any links to firms or individuals dealing in cryptocurrencies could lead to millions, if not billions of dollars leaving the country, according to a cryptocurrency company looking 34

24 April, 2018 7:33 PM TRAI directs Aircel to refund deposits

Postpaid customers to be paid by May 10 In much-needed relief for the subscribers of beleaguered telecom operator Aircel, the Telecom Regulatory Authority of India (TRAI) has issued a directive asking the firm to refund the security deposits of postpaid subscribers by May 10. It also asked Aircel to furnish details of the subscribers whose security deposits 31

21 April, 2018 3:05 PM ‘Road map for manufacture of commercial planes soon’

Focus is on self-reliance, jobs, says Prabhu; Sinha-led task force set up for drones The Indian government is preparing a road map for the manufacture of commercial aircraft and drones in the country in order to stem the drain of foreign exchange, to become self-reliant and to create high-value jobs, said Suresh Prabhu, Minister for Commerce, Industry 35

20 April, 2018 11:27 AM Mugabe summoned over alleged diamond looting

Former Zimbabwean leader asked to explain his own statement that $15-billion worth of diamonds were stolen from fields in the country’s east. A Zimbabwean parliamentary committee is summoning former leader Robert Mugabe to appear before it over alleged diamond looting during his rule. Mr. Mugabe, who resigned in November following a military intervention 57

16 April, 2018 8:07 AM Vodafone-Idea may give pink slips to 5000 employees

The merger of Vodafone India and Idea Cellular may now become a nightmare for some of its employees as a major restructuring exercise is set to take place. Idea and Vodafone, who have received all clearances for the merger except from the telecom department, currently employ roughly 11,000 and 10,000-plus people, respectively and the merged firm could 72

12 April, 2018 5:04 PM Advance tax payment hits AUM of MFs: ICRA

As firms redeem investment to pay tax The assets under management (AUM) of mutual funds (MFs) declined to ₹21.36 lakh crore in March from ₹22.20 lakh crore in the previous month even as the overall AUM registered a rise of 21.7% in the financial year 2017-18, according to the Association of Mutual Funds in India (AMFI). The month-on-month decline “mostly 33

11 April, 2018 4:58 PM Tata Sons forms Tata A&D to consolidate defence businesses

Tata Sons is in the process of consolidating its various businesses across aerospace and defence sectors together under a single entity – Tata Aerospace & Defence (Tata A&D). “The necessary statutory and regulatory approvals are in the process of being obtained. Tata A&D proposes to leverage its full range of expertise, experience, and capabilities from across 35

9 April, 2018 4:52 PM CBI court allows freezing Nirav Modi's Barclays account

The special Central Bureau of Investigation (CBI) court allowed the agency to freeze the secret bank account of diamond merchant Nirav Modi in Barclays Bank with deposits of over ₹ 9 crores. On April 7, the special court had issued non bailable warrants against absconding Mr Nirav Modi and his uncle Mehul Choksi, accused of defrauding Punjab National 36

8 April, 2018 11:59 AM Eight of top 10 companies add ₹86,000 cr in m-cap

Eight of the 10 most valued Indian companies together added nearly ₹86,000 crore to their market valuation last week, with IT major Tata Consultancy Services (TCS) emerging as the biggest gainer. Barring Oil and Natural Gas Corporation (ONGC) and Infosys, rest of the eight blue-chip companies saw a total addition of ₹85,998.28 crore in market capitalisation 79