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India Inc reins in FY20 ad costs even as some ramp up in pre-Covid days

Finance

13 November, 2020

India Inc reins in FY20 ad costs even as some ramp up in pre-Covid days

Corporate India curbed advertising expenses for 2019-20 even before the slowing economy took a turn for the worse at the ......

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Dark clouds hanging over India Inc start to drift away, finally

Finance

05 November, 2020

Dark clouds hanging over India Inc start to drift away, finally

First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse.  But the ......

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PE, M&A deals in financial services sector remain in the doldrums

Finance

13 October, 2020

PE, M&A deals in financial services sector remain in the doldrums

The number of private equity deals and mergers and acquisitions (M&As) in the banking, financial services and insurance (BFSI) sector ......

India's secondary listing plan for firms joining foreign markets irks investors

Markets

14 September, 2020

India's secondary listing plan for firms joining foreign markets irks investors

Indian companies that list overseas will have to later launch on a domestic bourse under policy changes being considered by ......

ICICI Bank ex-CEO Chanda Kochhar's husband arrested on money laundering charges

Finance

08 September, 2020

ICICI Bank ex-CEO Chanda Kochhar's husband arrested on money laundering charges

The husband of a former ICICI Bank chief executive was arrested on charges of money laundering on Monday, a government ......

ICICI Bank pares stake in stock broking unit ICICI Securities

Finance

28 August, 2020

ICICI Bank pares stake in stock broking unit ICICI Securities

ICICI Bank, India’s second-largest private-sector bank, said Friday it has pared its stake in its broking and investment unit as ......

ICICI Lombard to acquire Bharti AXA General Insurance

Finance

22 August, 2020

ICICI Lombard to acquire Bharti AXA General Insurance

ICICI Lombard General Insurance Company Ltd has agreed to acquire Bharti AXA General Insurance Company Ltd via an all-stock transaction ......

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Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last

Manufacturing

21 August, 2020

Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last

Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......

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ICICI Bank ups stake in GIFT City's India International Exchange

Finance

21 August, 2020

ICICI Bank ups stake in GIFT City's India International Exchange

ICICI Bank has increased its stake in India International Exchange Ltd, housed in Gujarat’s GIFT City, with a fresh investment. The ......

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GIC ups stake in lender with single-biggest India cheque of 2020

Finance

17 August, 2020

GIC ups stake in lender with single-biggest India cheque of 2020

Singapore sovereign wealth fund GIC has made its single-largest investment of 2020 in India thus far as it increased its ......