Reliance outpaces industry in petrol, diesel sales from its outlets
In an investor presentation post announcing earnings for October-December 2019, Reliance, operator of the world's largest oil refining complex, said it registered an 11 per cent growth in diesel sales and 15 per cent growth rate in petrol sales from its 1,394 fuel retail outlets.
Market, economy trends that should worry us more than auto sales, inflation
There is a disturbing trend that we perceive even in equity inves...
Amazon's Great Indian Sale's here. Check out the top deals
There will be up to 70% on from small businesses that includes up to 50% off artis...
Hyundai rolls out online sales platform
The company said its 'Click to Buy' is a first-of-its kind online sales platform with simple and transparent process for purchase of Hyundai cars.
Francesca Cartier to appear at Jaipur Lit Fest, will share family tales
Francesca’s grandfather was the last of the family to manage and own a branch of the jewellery firm.
Piramal Enterprises jumps 5% on sale of healthcare analytics unit
PEL had initially invested $650 million in 2012 to acquire DRG out of which $260 million was infused as equity.
HCL Q3 net up 17%, raises revenue growth outlook
HCL paid $1.8 billion for the acquisition, which included 5,000 customers globally.
Amit Shah participates in Uttarayan festival in Ahmedabad
Ahmedabad (Gujarat), Jan 14 (ANI): Union Home Minister Amit Shah participated in Uttarayan festival on January 14 in Gujarat's Ahmedabad. Sh...
Mindtree brings in Talent from Genpact, Infosys
Mid-tier IT services provider Mindtree has hired top talent from Genpact and Infosys and is looking to hire sales talent particularly in digital technology areas in the United States. Mindtree also brought in Vijay Ram as VP and head of technology & media in October who was previously Associate Vice President and Global Client Partner at Infosys.
Slump sale awaits Abhijeet, lenders may lose Rs 1,200 crore
Unlike a sale of an asset as a going concern there are no values assigned to individual assets and liabilities of a company in a slump sale.
Vu grows television sales in India in FY20, open to selling stake
Vu has also exited the basic television range in India. However, Saraf said by value the company will either hold onto its 2018-19 revenue of Rs 1,000 crore or may report slight grow since television prices have dropped last year across the range due to drop in global panel prices.
PMC Bank scam: HC sets up panel for sale of HDIL assets
The court said the committee shall first value and sell the encumbered properties of HDIL and if there is any shortfall towards repayment of dues, then the properties owned by Wadhawans shall be sold.
What is strategic sale? How is it different from disinvestment?
It looks highly unlikely that the disinvestment target will be met in the current fiscal. The next Budget for 2020-21, to be presented on February 1, will have another target for disinvestment. So, what exactly is a strategic sale and how is it different from disinvestment.
Renew Power seeks $300 million in bond sale
Rating agency Fitch has given a ‘BB-’ to ReNew’s proposed issue.
Housing sales across 9 major cities drops 30% in Q3
Compared to 91,464 units sold during the quarter last year, only 64,034 homes were sold across the nine markets in Q3 this year.
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