Apple warns of revenue impact from China virus
Apple is warning investors that it won't meet its second-quarter financial guidance because th...
Govt okays proposal to infuse Rs 2,500 cr into 3 PSU general insurers for improving financial health
Briefing reporters here, Union Minister ...
Trai defends spectrum pricing; says up to companies to decide if they want to buy
Trai's views assume significance as Bharti Airtel, earlier ...
Russian government backed fund shows interest in Jet Airways
“They submitted some documents just last week,” said the person in the know who didn’t want to be named. The fund was established in November 2011 by the Bank for Development and Foreign Economic Affairs or VEB bank whose supervisory board is chaired by the country's president Vladimir Putin.
Afzal Guru's death anniversary: Mobile internet snapped in Kashmir to prevent law and order disturbance
Authorities on Sunday snapped mobile internet services in Kashmir as a precautionary measure to prevent any law and order disturbance on the seventh death anniversary of Parliament attack convict Mohammad Afzal Guru, officials said.
Premji Invest leads $126 million round in US company
Premji Invest, the investment firm of Wipro’s founder chairman Azim Premji, has led a $126 million funding in Boston-based primary care provider Iora Health. Existing investors Cox Enterprises, Temasek F-Prime Capital, Devonshire Investors, 406 Ventures, Flare Capital Partners, Polaris Partners, and Khosla Ventures participated in the round.
Private equity, VC investments hit record high of $48 billion in 2019: Report
The report titled 'PE/VC Agenda: India Trend Book 2020' said that this is the third consecutive year that the private equity and venture capital sector has outperformed. "In terms of value, PE/VC investments increased by 28 per cent as compared to 2018, while the deal volume increased by 35 per cent.
Corona outbreak hits industries dependent on Chinese parts
Companies have started sourcing products from other countries to continue their manufacturing without interruptions.
Housing sales bookings of top 9 listed realty firms up 2% at nearly Rs 5,800 crore
According to Anarock, total area sold was slightly higher during last year’s festive quarter, while the total revenue was more this year. This indicates that the sale of homes other than affordable housing saw a higher overall sales value.
Share market update: Mining stocks down; Shirpur Gold Refinery falls 5%
The NSE Nifty50 index was trading 123.50 points down at 11922.3.
TV18 Broadcast, Network18 Media, Den networks and Hathway Cable jump up to 20% on merger news
TV18 Broadcast, Hathway Cable and Den Networks will merge into Network18 Media & Investments.
Japan approves bill to help firms to develop 5G, drone technologies
Japan's cabinet approved a bill to support companies to develop secure 5G mobile networks and drone technologies. This will give companies which develop such technologies access to low-interest rate loans from government-affiliated financial institutions if their plans fulfill standards on cyber security.
A film festival to hard sell government's internet coupons
According to a top official, CSCs have been given the mandate to offer last-mile internet connectivity through BharatNet to homes, through a system of pre-paid monthly coupons. These services can be either through WiFi or direct-to-home fibre. “Movies and entertainment seem to be a good proposition to get people to pay for the internet for the first time,” said a senior government official.
ESOPs rising post Budget as startups do the math
Employees at young startups now have the option of deferring ESOP tax payments.
NCLT reserves order on resolution plan of Aircel
In the resolution plan mentioned in National Company Law Tribunal on Monday, this realisation of Rs 6,600 crore will happen when UVARCL manages to sell Aircel’s assets. There will be no upfront payment made to the lenders but they will get zero optionally convertible debentures spread over a period of five years.
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