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The company’s share price is at a seven-year low, which led the promoter entity to sell shares before the lenders invoked the pledged shares.The promoter group of Bajaj Consumer Care on Tuesday sold 3.24 crore shares (22% of outstanding…

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FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4,…

Similarly, income levels are also least likely to have influence on consumer behaviour, it said. (Representational image)Nearly half of Indian consumers are preferring to own domestic brands over the international ones, a survey…

Penalty on LVB was imposed because of non-adherence to guidelines on certain IRAC normsThe Reserve Bank of India (RBI) has imposed a penalty of `1 crore on Lakshmi Vilas Bank (LVB) for non-adherence to certain provisions of Income…

The regulator has imposed a penalty of Rs 15 lakh on Remarkable Tracom Pvt Ltd, while Savasthi Investments Ltd, Reward Goods Pvt Ltd and Russel Towers Pvt Ltd have been fined Rs 5 lakh each.Capital markets regulator Sebi has levied a…

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(Reuters) - Hedge fund D.E. Shaw on Tuesday increased the pressure on Emerson Electric Co by publicly urging a breakup of the U.S. industrial conglomerate, a move it says could unlock more than $20 billion worth of shareholder value.…

The company is currently providing software solution to BSNL and Vodafone Idea.Alibaba group software firm Whale Cloud on Tuesday said it is targeting to have an order book of around USD 100 million by the end of next year in India.The…

After a meeting with chiefs of PSBs and top government officials, finance minister Nirmala Sitharaman said the drive saw disbursement to all critical segments of the economy ahead of the Durga Puja festival.Loans to the tune of `81,781…