SBI appoints Charanjit Attra as Chief Financial Officer (CFO)
State Bank of India (SBI) has appointed Charanjit Surinder Singh Attra as chief financial officer. Before joining the country’s largest public sector lender, Attra was Partner at EY India and…
PNB reports Rs 1,203 crore fraud by Sintex Industries
State-run Punjab National Bank (PNB) on Wednesday reported a borrowal fraud of Rs 1,203.26 crore in the non-performing assets (NPA) account of Sintex Industries Ltd. (SIL). The fraud was reported…
Government extends due date for GSTR-9 and GSTR 9C till October 31
The Central Board of Indirect Taxes and Customs ( CBIC ) has extended the due date for filing GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) for the Financial Year 2018…
General Atlantic to invest ₹ 3,675 crore in Reliance Retail
General Atlantic, a leading global growth equity firm has decided to invest ₹3,675 crore into Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries. This marks the second investment…
Vedanta gets in-principle nod for delisting from BSE & NSE
Billionaire Anil Agarwal-controlled Vedanta on Tuesday said it has received in-principle approval from stock exchanges -- BSE and National Stock Exchange of India (NSE) -- for delisting. Earlier Vedanta Resources…
Mazagon Dock Shipbuilders IPO to opens on Sept 29
Mazagon Dock Shipbuilders, the premier public sector unit war-shipbuilding yard in India will open the initial public offer (IPO) on Sept 29 About Mazagon DS State-owned Mazagon Dock is a…
Reliance Retail receives Rs 7,500 cr from Silver Lake for a 1.75% stake
Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from US private equity firm Silver Lake Partner SLP Rainbow This is the second…
UTI Asset Management Company to launch it’s IPO on 29th Sept.
The much awaited initial public offering (IPO) of UTI Asset Management Company will hit the markets next week. The IPO comes at a time when the mutual fund industry is…
Hexaware Technologies to offer Rs 475 per share for delisting
IT firm Hexaware Technologies on Wednesday said will offer Rs 475 per share as the final price for its delisting offer. The company stated the offer was successful and 8.72…
HCL tech acquires Australian IT firm DWS for $115.8 million
Noida-based IT company HCL Technologies (HCL) said it would acquire DWS Limited, an Australian IT, business and management consulting group. The acquisition of DWS will enhance HCL’s contribution to digital…