REC raises $500 million via unsecured notes
The net proceeds from the sale of the notes will be used for lending to the power sector.
IIT Delhi students receive 700+ job offers
The total number of job offers to IIT Delhi students stand over 750. The students selected are from undergraduate, post graduate and PhD programmes. Some companies who made domestic job offers include Microsoft with 30 offers including 2 international offers, Societe Generale - 13 offers, Mastercard - 11 offers, Standard Chartered - 10 offers among others.
Maruti Suzuki recalls 63,493 units of Ciaz, Ertiga, XL6 to fix faulty part
"The company will inspect 63,493 vehicles of petrol SHVS of Ciaz, Ertiga and XL6 for a possible issue with the Motor Generator Unit (MGU)," MSI said in a statement. A possible defect may have occurred in the MGU during manufacturing by an overseas global part supplier, it added. The vehicles were manufactured between January 1, 2019 to Nov 21, 2019.
Coal India Ltd eases norms for coal supplies to non-regulated customers and IPPs
State-run Coal India Limited (CIL) on Friday said it has relaxed norms for supplying the fuel to its customers of non-regulated sector by extending "letter of credit" to them and allowing an independent power producer (IPP) to transfer coal from one plant to another.
Yogesh Mehta on what to do with Reliance, SBI and ICICI Bank
Small finance banks can be a good performers from here on, but avoid NBFCS, says Mehta.
International coal companies needs time to understand Indian market: World Coal Association Chief
International companies will require time to understand India's supply chains and how to meet growing demand of coal, following opening up of the Indian coal sector to foreign direct investment, feels World Coal Association.
Retailers, services more open to hiring apprentices: Report
"The government has taken multiple initiatives like easing FDI norms, to boost retail sector, which have led to an increase in retail activity by way of expansion of local chains and malls. The only way to create workforce for this industry is through apprenticeship," TeamLease Skill University said in the report.
Reducing stake in UTI AMC a strategic move: Dinesh Kumar Khara, SBI
SBI bringing down its stake in UTI AMC to below 10%
FMCG companies tweak sales mix in slow market
To de-tangle growth from the grip of a slowdown, fast-moving consumer goods (FMCG) companies are redefining their product and marketing strategies, depending on their stage of evolution.
Dr Reddy's Labs launches generic injection indicated for abortion in US
The company has launched Carboprost Tromethamine injection USP, 250 mcg/mL (1mL) single-dose vial in the US market, the pharma major said in a filing to BSE.
Govt should provide strong stimulus package for economy: Kumar Mangalam Birla
"One of the things that it (govt) can also do is to give stronger fiscal stimulus,"Kumar Mangalam Birla said.
Haier makes a Rs 775 crore bet on Indian arm
The infusion came after the local subsidiary, Haier Appliances India, more than doubled its authorised share capital to Rs 4,000 crore from Rs 1,900 crore, as per the latest regulatory filings made with the Registrar of Companies (RoC).
HSBC maintains hold on Tata Power Company, lowers target price to Rs 65
Deleveraging effort and Mundra resolution remains slow in this uncertain environment, said HSBC.
Puravankara forays into uber luxury residential business
Real estate firm Puravankara has entered the uber luxury real estate segment under the Purva WorldHome collection brand, targeted at a niche demographic of home buyers.
Long-term investors, enter midcaps now, but be selective: Vinit Sambre, DSP Mutual Fund
The broader market showcases the true reflection of the state of the economy today.
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