Religare ex-CMD writes to EOW: Siddharth Mehta connived with Singh brothers to siphon off funds
Mehta was appointed non-executive, non-independent director of REL in February 2018 and was reappointed in September 2019 as its non-executive, non-independent vice-chairman.Mehta was appointed non-executive, non-independent director of…
P&G India: Growth focus took a toll on FY19 margins
Healthy revenue growth across segments except personal care: P&G India’s consolidated combined revenues grew 15% y-o-y in FY2019 to Rs 108 bn.P&G India, as a combined entity (two listed P&G entities, P&G Hygiene and…
Tata vs Mistry: Cyrus Mistry says don’t want to be chairman of Tata Sons
Mistry, the ousted Tata Sons chairman, in a public statement said he has taken the decision in the overall interest of the Tata group, whose interests are far more important than those of any individual. (IE photo)Cyrus Mistry on Sunday…
HCL Tech rating | Buy — Company to gain from public cloud repatriation
Higher IMS exposure and stronger hybrid cloud capabilities make HCLT the biggest beneficiary.Repatriation of workloads from public cloud to on-premise/hybrid cloud is likely to be a key emerging horizontal theme. Higher IMS exposure and…
Claims worth Rs 4,800 crores admitted from fixed deposit holders of debt-laden DHFL
However, claim which has been admitted from SBI and SBI Singapore is Rs 7,131.31 crore and Rs 2,951.59 crore is under verification.The Reserve Bank-appointed administrator of beleaguered Dewan Housing Finance Limited (DHFL) has admitted…
Operation twist-III: RBI to buy, sell debt worth Rs 10,000 crore each; key details
The RBI had announced to purchase and sell simultaneously government securities under OMO for Rs 10,000 crore each last week.The Reserve Bank of India (RBI) on Thursday said that it will conduct simultaneous purchase and sale of…