REGISTRAR OF COMPANIES
RIL pips BP Plc to become 6th largest energy company
The stock — which has risen 36% so far this year — is trading at 21 times FY20 estimated earnings and 3.5 times book value. The RIL stock ended up 2.47% at Rs 1,547 on the BSE Wednesday. RIL chairman Mukesh Ambani, with a net worth of $58 billion, remains the richest Asian.
DGCA to staff: Do not audit companies with 'conflict of interest'
“We found that some of our officials were showing extra interest in auditin...
ROC grants Coffee Day further extension for AGM
The ROC has granted CBDEL 30 days extension to hold AGM for the financial year ended March.
Company continuously working on a resolution plan: Suzlon
Wind-turbine maker Suzlon Energy on Wednesday said the company is working on a resolution plan and lenders have time till January next year to work on a sustainable resolution plan before taking any extreme steps.
IT services companies hit as clients delay big deals
Slower global economic growth caused by the US-China trade war and a delayed Brexit have taken a toll on IT companies, as clients have cut or delayed spending. Earlier this month, DXC Technology, with about $20.75 billion in revenue, slashed its revenue target by $275 million to $19.5-$19.8 billion, as clients postponed signing new deals.
Jobs growth slows in past 2 years, core companies hit hard
Job creation has slipped to 2.8% in 2018-19 as compared to 3.9% in 2017-18 according to CARE Ratings. The ratings agency highlighted that core industries have witnessed “virtually negative growth in headcount”, impacted by the slowdown in GDP growth as well as the challenges on the NPA.
Reliance Capital bonds trade at 80% discount
Those unlisted bonds have a residual one-year maturity.
Forbes & Company mulls listing Eureka Forbes
Eureka Forbes is a wholly-owned subsidiary of Forbes & Company.
Gaurav Mehta's workspace is kid-friendly, describes his den as 'therapeutic'
The Jaipur Watch Company boss lives by the philosophy ‘simple living and high thinking’.
WhatsApp vulnerability: CERT-In issues advisory; company says users unaffected
The advisory comes in the backdrop of recent developments where WhatsApp had informed the Indian government in September that over hundred Indian users were targeted by the Israeli spyware -- Pegasus.
India offers huge business opportunities for Central, Eastern European companies: Piyush Goyal
He further said both India and Europe also offer an opportunity to help kick-start economic growth in the world. "We have lots of opportunities together and I hope we can look for a greater engagement. We have both comparative and competitive advantages," he said. Goyal was addressing the India-Europe 29 Business Forum, organised by CII.
What trade war? Chinese companies wow with Q3 report card
The companies mostly beat lowered market expectations as consumer spending remained strong.
NCLAT extends deadline to December 16 for implementation of Patanjali's bid for Ruchi Soya
NCLT had admitted the insolvency plea filed by two lead financial creditors Standard Chartered Bank and DBS Bank. However, later the Singapore-based DBS Bank became dissenting creditor and approached NCLAT challenging the distribution of proceeds from the bid submitted by Baba Ramdev-led Patanjali Ayurveda.
NCLAT allows Reliance to delist Alok Industries
NCLAT bench modified the order passed by the National Company Law Tribunal (NCLT), Ahemdabad, which denied such permission.
Mutual funds will join DHFL resolution process: Sebi chief
Amid the crisis at DHFL, RBI on Wednesday superseded the board of the company.
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