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“I wish to take this opportunity to clarify that these rumours are baseless and without an iota of truth.”Debt-ridden Air India on Monday told travel agents and websites that rumours about its imminent shutdown are “baseless” and its…

Shares of Biocon Ltd were trading at Rs 287.40 per scrip on the BSE, down 4.53 per cent from its previous close.Biotechnology major Biocon on Monday said private equity firm True North will invest Rs 536.25 crore to acquire 2.44 per cent…

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UPI had an upper hand in comparison to credit cards and net banking throughout the year ,UPI transactions from leading payment apps including Paytm, PhonePe, GooglePay, Bhim and bank UPI apps in 2019 grew by 884 per cent from 2018 with…

EXIM Bank confirmed that it is in the market but did not divulge specific details about the issue.(Representative image)The Exim Bank is in the international debt markets with a USD 1-billion issue under its USD 3-billion medium-term…

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To this, the bench said that it does not understand as why he (Wadia) is going to pursue the suit.The Supreme Court Monday asked Bombay Dyeing chairman Nusli Wadia and Ratan Tata, chairman emeritus of Tata Sons, to sit together and…

We view the deal to be value-accretive, based on management estimates, as our TP of Rs 430 for ADSEZ implies an EV/Ebitda multiple of 10.3x on FY21F numbers.ADSEZ announced on January 3, 2020 that management has entered into an agreement…

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