Wipro chairman Rishad Premji on Friday posted a picture on Twitter of him posing with Azim Premji, his father and founder chairman of Wipro, and Bill Gates, the billionaire founder…
Category: Companies
SoftBank’s Masayoshi Son likely to visit Delhi next week, but might skip Oyo founder’s wedding reception: Reports
SoftBank Group Corp founder Masayoshi Son will make a visit to India next week, his first visit to the country after 2018, but might not greet Oyo founder Ritesh Agarwal…
Amazon delays construction of second phase of Virginia headquarters
Amazon.com Inc said on Friday it would push back the start of construction for the next phase of its second headquarters in Arlington, Virginia. A spokesperson for the company, responding…
Adani Total Gas, Adani Ports: ICRA downgrades rating outlook of two Adani firms to ‘negative’
Rating agency ICRA on Friday revised its outlook on two Adani Group stocks to ‘negative’ from ‘stable’ due to “deterioration in the Group’s financial flexibility”. ICRA downgraded Adani Total Gas…
ASG Eye Hospitals takes operational control of Vasan Eye Care, increases footprint across India
ASG Eye Hospitals, a chain of super-specialty hospitals delivering eye care services, has taken operational control of Vasan Eye Care following the transfer of ownership. The acquisition was approved by…
SoftBank chief Masayoshi Son likely to visit India next week to meet govt officials and portfolio founders
SoftBank chief Masayoshi Son is likely to visit India next week, which will be his maiden visit to the country post 2018, reported Moneycontrol. The founders of SoftBank portfolio have…
RBI imposes penalty of Rs 3.06 crore on Amazon Pay (India); here’s why
The Reserve Bank of India (RBI) on Friday has imposed monetary penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited for non-compliance with directions on prepaid payment instruments…
Gautam Adani, brother Rajesh cut stake in Adani Enterprises by 3.39% to 69.23%
Adani Group chairman Gautam Adani and his brother Rajesh Adani reduced their stake in Adani Enterprises Ltd, the conglomerate’s flagship firm, by 3.39% to 69.23%. They also reduced their stake…
Uzbekistan cough syrup deaths: 3 officials of Noida-based pharma firm arrested, say police
As part of probe into Uzbekistan cough syrup deaths, three officials of Marion Biotech, a Noida-based pharma firm, have been arrested, said police on Friday. In January, the production licence…
Relief for Yes Bank! SC puts on hold Bombay HC ruling on AT-1 bond write-off
In a relief for Yes Bank, Supreme Court on Friday has put on hold Bombay High Court’s ruling on writing down AT-1 bonds. In January, Bombay High Court quashed a…