Category: Corporate

The approval of merger proposal by the shareholders of Vedanta ltd yesterday, brings it closer to an important deal to de-risk businesses and simplify business structure. The deal, first proposed…

Corporate India has recorded significant improvement in its financial performance during 2015-16 with profits growth of almost 10% as per an RBI report released last Friday. The report is a…

Declaration of results for June’16 quarter by Indian Oil (IOC) and Bharat Petroleum (BPCL) earlier this week completed the results season for the sector. The sector had a good run…

Automobile sector had an impressive show during the quarter with sales growth of 16% and profits of 13% as per data available with BSE. The results have been dragged down…

It has turned out to be a bumper quarter for Cement Industry with near doubling of net profit even though sales grew at barely 8%. The result has come about…

Declaration of results by NTPC yesterday for June’16 quarter was the last of big ticket results from Power Generation & Distribution sector. NTPC has provided a support to the sector’s…

The reorganization being undertaken by Aditya Birla Group involving two group companies is an exercise to reduce some of the complexity around its business structure. While the market is confused…

Tata Sons and NTT Docomo, in the news last week, find themselves in the middle of a complex legal tussle. The two had entered into a agreement, at the peak of telecom…

Telecom Commission (TC) has proposed to fix spectrum Usage charge (SUC) at minimum 3% of revenue on aggregate basis for all existing spectrum and for all future auctions also, as per…

HCC (Hindustan Construction Company) got reprieve from the lenders last week with the invocation of S4A (Scheme for Sustainable Structuring of Stressed Assets) scheme, released by RBI to tide over the bad…