Introducing son Anmol as a new director on Reliance Capital's board, Chairman Anil Ambani said he has brought "tremendous luck" with a 40 percent surge in share price since his induction and hoped that the 'Anmol Effect' will continue further.
Anmol has brought 'tremendous luck' with 40 percent rise in Reliance Capital stock since his induction, company's Chairman Anil Ambani said Tuesday.
Private lender Yes Bank said it will raise about Rs 330 crore (USD 50 million) by issuing a 7-year term green infrastructure bond to FMO, the Dutch Development Bank, on a private placement basis.
The Supreme Court on Tuesday will hear the plea of the State Bank of India-led consortium of 17 banks against liquor baron and Kingfisher chairman Vijay Mallya for bringing him back to India in connection with a loan defaulting case.
The new scheme is being offered in circles where Vodafone offers its own 3G or 4G services and can be availed by both prepaid and postpaid customers till December 31, 2016.
Tata-SIA-run Vistara on Monday rolled out its revamped loyalty programme, offering fliers a host of additional privileges, including an exclusive limited period 50 percent discount for redeeming award flights and upgrades in all classes to the existing members.
LeEco has partnered Snapdeal and Amazon to sell its products on the two eCommerce platforms from October, a move that will help the Chinese tech major further strengthen its online sales in India.
The Bombay High Court on Monday allowed a company, which had claimed to have won the auction for the fugitive industrialist Vijay Mallya's luxury jet for Rs 27.39 crore, to withdraw its bid paving the way for a fresh auction.
Taking its fight against incumbent telecom operators to the next level, Reliance Jio on Monday made live the data on call drops its users are experiencing due to Airtel, Vodafone and Idea not providing enough interconnectivity.
Deferring a decision on the foreign investment proposals of Idea Cellular and Flag Telecom, the Foreign Investment Promotion Board (FIPB) on Monday cleared 11 proposals entailing FDI inflow of over Rs 2,300 crore, an official source said.
In wake of attractive offers launched by Reliance Jio, Vodafone on Monday also came out with data plan offering 10 GB 4G mobile services at the price of 1 GB plan. However, the plan comes with various riders.
The Debt Recovery Tribunal will pass an interim order on Tuesday on the plea of a consortium of banks seeking a direction to Indigo and GoAir airlines under garnishee proceedings to deposit with it the money to be paid to Airbus by them, in a Kingfisher Airlines case.
Tax consultancy firm KPMG on Monday said it has tied up with industry chamber Ficci for an awareness campaign on GST to highlight benefits and challenges of the new indirect tax regime.
Full service carrier Vistara on Monday launched its all-new Club Vistara (CV) frequent flyer programme.
India's largest energy conglomerate NTPC will raise USD 500-USD 700 million in Masala bonds from the financial markets in London, Hong Kong and Singapore from November this year, a top company official said
Senior executives of Samsung met officials of aviation regulator DGCA, two days after one of the company's high-end smartphones caught fire inside an IndiGo aircraft.
Nestle India, in partnership with NGO Nanhi Kali, is giving its popular brands Maggi, Nescafe and Kitkat a new look as part of an initiative to support education for girl child.
Home-grown auto major Mahindra & Mahindra (M&M) said it will raise Rs 475 crore through issuance of non-convertible debentures (NCDs) on a private placement basis.
From Ambanis and Adanis to Premjis and Khorakiwalas, several generation-next leaders of India's leading family-run businesses have joined crorepati club when it comes to their salaries and other perks.