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Business

Binani Cement takeover: UtraTech gets CCI approval, Dalmia Bharat claims highest bid

Kolkata: Amid the ongoing battle for taking over insolvent Binani Cement, UltraTech Cement on Wednesday said it has obtained the Competition Commission of India's (CCI) approval on its bid for the debt-laden company while rival bidder, Dalmia Bharat said the reasons cited by the former for its bid were "misleading".


Fortis to demerge hospitals business into Manipal

Mumbai: Fortis Healthcare has announced plans to demerge its hospitals business (Fortis Hospitals) into Manipal Hospital Enterprises Private Limited (Manipal Hospitals).


LATEST HEADLINES

Brazil's Ancelotti raises doubts about whether Neymar will reach the 2026 World Cup


Cheetah cub released in wild at Kuno National Park dies


India moving towards becoming global economic powerhouse: Kovind


Delhi court extends gangster Anmol Bishnoi's NIA custody by 7 days


RBI does not target any band for rupee, allows it to find its own level: Guv Malhotra


India, Russia explore cooperation on small modular reactors, floating nuclear power plants


Jarkiholi is my colleague, don’t see us as enemies: DK Shivakumar


Ex-minister Ramanath Rai hits out at BJP leader Ashoka for ‘irresponsible’ comments on KC Venugopal


K'taka govt, Taiwan's Allegiance Group sign MoU to establish industrial technology innovation park


CBI books ex-AAI chairman for corruption in contract for food and beverage operator at airports


Cong says LoPs not invited to Putin banquet, takes swipe at Tharoor for accepting invite


SC grants bail to man booked under UAPA as chargesheet not filed within stipulated period




India-based inventors in race to win global innovation contest

Bengaluru: Seven India-based inventors are among the finalists who will vie for $500,000 in prize money and in-kind support in a global competition of hardware-led social innovation.

Infosys invests Rs.9.75 crore more in US data firm

Bengaluru: Global software major Infosys Ltd on Thursday said it made a follow-on investment of $1.5 million (Rs.9.75 crore) in Waterline Data Science, a US-based data discovery and data governance software firm.

Vodafone's job initiative to help 5 mn Indians find work

Mumbai: Telecom service provider Vodafone on Tuesday announced the launch of a new digital skills and jobs initiative that aims to help five million youth in India and 10 million young people across 18 countries find employment by 2022.

Data leak crises: Facebook suffers drop of stocks

San Francisco: The world's largest social media company Facebook suffered the biggest one-day drop of its stocks by seven per cent on Wall Street on Monday in four years following reported data leakage of its 50 million users for alleged political purposes.

Bad news for Samsung, LG as Apple secretly developing its own screens

San Francisco: In bad news for display market leaders like Samsung and LG, Apple is reportedly designing and producing its own device screens, secretly at a facility near its headquarters in California, according to a media report.

Mukund Rajan steps down from Tata Sons

New Delhi: Tata Sons on Thursday said Mukund Rajan has stepped down as the Chief Ethics Officer of the company with effect from March 31.

Philips Lighting to be renamed 'Signify'

Netherlands/New Delhi: Philips Lighting on Friday said it intends to change its name to "Signify" while continuing to use the Philips brand for its products under the existing licensing agreement with Royal Philips.

Lok Sabha passes bill to increase employees' gratuity limit

New Delhi: The Lok Sabha on Thursday passed a bill that seeks to increase the maximum limit of gratuity of employees in the private and public sector from the present Rs 10 lakh to Rs 20 lakh.

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