Analysts retained their bullish view on Tata Consultancy Services (TCS) for the long term after it reported an 11 per cent year-on-year (YoY) growth in profit at Rs 10,846 crore…
Category: Companies
Why Anil Ambani’s bankrupt Reliance Capital is important enough to start bidding war between Torrent and Hinduja Group
Two years after billionaire Ajay Piramal and the US-based Oaktree Capital had a bitter battle over the control of bankrupt Dewan Housing and Finance Ltd (DHFL), the two bidders —…
TCS Q3 results: Profit jumps 11% YoY to Rs 10,846 crore; Rs 75 dividends declared
Tata Consultancy Services (TCS), India’s largest IT exporter, on Monday reported a 11 per cent year-on-year (YoY) rise in profit at Rs 10,846 crore for the September quarter compared with…
R S Sodhi steps down as Amul MD; COO Jayen Mehta replaces him
R S Sodhi has stepped down from the post of the Managing Director of the Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), popularly known through its brand name ‘Amul’. The…
HDFC Capital achieves $376-mn initial close for Scheme 2 of H-CARE 3
HDFC Capital, a subsidiary of HDFC Ltd, on Monday said it has successfully achieved the initial close for Scheme 2 of the HDFC Capital Affordable Real Estate Fund – 3…
How Mukesh Ambani is preparing to beat Coke and Pepsi on their own turf
If the past six years have been marked by the fierce battle for dominance over the country’s telecommunications market between multibillionaire Mukesh Ambani’s Reliance and erstwhile leaders like Airtel, Vodafone…
BharatPe row: ‘Ask him to maintain decorum’, Delhi HC directs Ashneer Grover’s counsel
The Delhi High Court has directed the lawyer for former BharatPe managing director Ashneer Grover to ask his client to maintain decorum. While hearing a suit filed by BharatPe, Delhi…
The guitar-strumming CEO: How IDFC First Bank’s boss V. Vaidyanathan changed India’s NBFC space
Uday Kotak used to play the sitar. V. Vaidyanathan, another entrepreneur-banker, who loves to be called Vaidya, plays the guitar. For five years, between 2014 and 2018, he performed at…
Paytm Payments Bank gets RBI nod for Surinder Chawla as new MD and CEO
Paytm Payments Bank Limited (PPBL) on Sunday announced the appointment of veteran banker Surinder Chawla as its new managing director (MD) and chief executive officer (CEO). The appointment has been…
‘Mukesh Bhai is a very good friend of mine, I respect him a lot:’ Gautam Adani praises RIL chairman
Adani Group chairman and founder Gautam Adani on Saturday praised Reliance Industries chairman Mukesh Ambani saying he has contributed a lot to the progress of the country and that he…