Ratan Tata is once again in news after acquiring stocks in the Chinese smartphone manufacturer company, Xiaomi. Tata yesterday acquired stakes in the Chinese manufacturer company, Xiaomi which is the first ever investment in the company by any Indian. According to an annual study by Brand Finance India, Tata has retained its position as the […]
Mumbai, April 28: After shedding 6.5 percent over nine past sessions, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened slightly higher on Tuesday and came immediately under some volatile trading.The 30-share index opened higher at 27,215.61 points, as against the previous close at 27,176.99 points and almost immediately fell to 27,116.81 points. […]
London/New Delhi, Apr 27: With United Spirits asking its own chairman Vijay Mallya to quit, the majority owner Diageo today said its “contractual obligations” to support his presence would not apply in the event of “defaults” by the Indian businessman and his group firm UB Holdings Ltd.A major boardroom battle broke out this weekend at […]
New York, Apr 27: French IT services firm Capgemini today said it will acquire US-based outsourcer IGATE for USD 4 billion, a move that will help the former strengthen its foothold in the North American market. Under the merger agreement, Capgemini will acquire the Nasdaq-listed firm for a cash consideration of USD 48 per share […]
Mumbai, Apr 27: The benchmark BSE Sensex gained over 129 points in early trade today on value-based buying by investors amid positive cues from other Asian markets. The 30-share index rose by 129.34 points, or 0.47 per cent, at 27,567.28 as buying in stocks of FMCG, power, auto, metal and infrastructure sectors, positively impacted the […]