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Month: October 2018

October 16, 2018Mutual Fund

India Inc’s Jan-Sep M&A deal tally touch USD 76 bn: Report

Corporate India announced merger and acquisitions (M&As) worth USD 11.5 billion in the third quarter of this year, following which the January-September deal […]

October 16, 2018Mutual Fund

Despite 2% salary hike per year, 54% expats confident about building personal wealth in India

Even with a modest salary hike of 2 per cent annually more than half of the expats living in the country are confident […]

October 16, 2018Mutual Fund

Companies can save up to $165 billion by 2022 by adopting automation:Study

Businesses could achieve up to USD 165 billion in cost savings by 2022 through wide-scale adoption of automation across sectors like automotive, retail, utilities, […]

October 16, 2018Mutual Fund

Online hiring activity up 9 pc in September: Report

Hiring activity witnessed a 9 per cent growth in September compared to the year-ago period led by auto, insurance sectors and going forward […]

October 16, 2018Mutual Fund

Edelweiss ARC, Oaktree to buy GTL’s Rs 4,000 crore dues to lenders

Edelweiss Asset Reconstruction Company has *teamed up with US-based alternative investment* manager Oaktree Capital to *buy Rs 4,000 crore* which telecom tower […]

October 16, 2018Mutual Fund

Insolvency process: Lenders vote on JSW’s offer for Bhushan Power

Voting on JSW Steel’s revised offer of Rs 193.50 billion for Bhushan Power & Steel, currently going through the insolvency process, started on […]

October 16, 2018Mutual Fund

Criminal action possible despite moratorium under IBC

The National Company Law Appellate Tribunal (NCLAT) recently considered whether a moratorium order covers a criminal proceeding under section 138 of Negotiable Instruments […]

October 16, 2018Mutual Fund

Insolvency code helps, but investors may turn cautious as election nears

Even as the year so far has posted a positive growth in terms of merger and acquisition (M&A) and corporate restructuring catalysed by […]

October 16, 2018Mutual Fund

Auditors flag IL&FS Engineering’s loans to subsidiaries, customer dues

The auditor of IL&FS Engineering Services has raised red flags over the company’s investments and advances to its subsidiaries, saying that there is […]

October 16, 2018Mutual Fund

ICICI Bank gets RBI clearance to appoint Sandeep Bakhshi as its MD and CEO

Private sector lender ICICI Bank Tuesday said the RBI has approved Sandeep Bakshi’s appointment as Managing Director and CEO of the bank for […]

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