Kumar Mangalam Birla's UltraTech Cement is Buying Century Textiles’ Cement Unit

Kumar Mangalam Birla's UltraTech Cement is Buying Century Textiles’ Cement Unit

The share swap deal, which values Century's cement business at INR 8,621 crore, will see UltraTech absorb a debt of INR 3,000 crore. The acquisition will help UltraTech cross 100 million tonnes per annum in...

Cryptocurrency Struggles Below $9000

Cryptocurrency Struggles Below $9000

The value of bitcoin has seen relatively significant losses over the last week, following a period of relative stability hovering above $9,000. If it continues its poor form, it could fall below $9,000 in the coming days.

Punjab National Bank Suffers Biggest-Ever Quarterly Loss for an Indian Bank at Rs 13,417 Crore

Punjab National Bank Suffers Biggest-Ever Quarterly Loss for an Indian Bank at Rs 13,417 Crore

Punjab National Bank (PNB) reported a Rs 13416.91 crore ($1.98 billion) fourth-quarter net loss on Tuesday, the biggest-ever by an Indian lender as the state-run bank booked provisions to cover a massive fraud.

Google Announces the Roll Out of a New Low-Cost Cloud Storage Plan called 'Google One'

Google Announces the Roll Out of a New Low-Cost Cloud Storage Plan called 'Google One'

Revamping its Google Drive online storage subscription plans, the tech giant has announced to roll out a new, low-cost storage plan called "Google One". "Thanks to mobile phones and new file formats like 4K video and high-res photography, peop

Decks Clear for Hero-Munjal consortium to Takeover Fortis

Decks Clear for Hero-Munjal consortium to Takeover Fortis

The board of directors of Fortis has decided to recommend the binding offer of the Hero and Munjal consortium. It is a majority decision by the board, Fortis said in a late-night release.“The entire exercise involved a process that witnessed...

Automating Experience: The New Technological Trends for the Changing Times

Automating Experience: The New Technological Trends for the Changing Times

The day ahead of us is filled with the element of surprises and uncertainties. One person’s experience could mean everything to the world.

Walmart Set to Announce Much-Awaited $20-bn Deal to Buy Flipkart Today: Key Facts You Should Know

Walmart Set to Announce Much-Awaited $20-bn Deal to Buy Flipkart Today: Key Facts You Should Know

Walmart is likely to announce its much-anticipated deal to buy a controlling stake in Indian e-commerce company Flipkart on Wednesday, in what is likely to be the US retail giant’s biggest acquisition. Bentonville, Arkansas-based Walmart and i...

ANB Capital merges with Anuj Puri’s ANAROCK Property Consultants

ANB Capital merges with Anuj Puri’s ANAROCK Property Consultants

The ANAROCK Group is one of India’s leading real estate services company having diversified interests across the complete real estate value chain.

Aadhaar case: Why SC needs to look into technical evidence of Aadhaar’s surveillance capabilities

Aadhaar case: Why SC needs to look into technical evidence of Aadhaar’s surveillance capabilities

Aadhaar and its alleged surveillance capabilities has been a major subject of dispute among those for and against Aadhaar. In yesterday’s Twitter Q&A session, the UIDAI yet against insisted that Aadhaar is nothing but a tool for identification...

Manipal Hospitals Raises Bid For Fortis Healthcare, Now Offers To Invest Rs. 2,100 Crore. 10 Points

Manipal Hospitals Raises Bid For Fortis Healthcare, Now Offers To Invest Rs. 2,100 Crore. 10 Points

Privately-held Manipal Hospitals sweetened its bid for rival Fortis Healthcare Ltd on Sunday, offering to inject 21 billion rupees ($314 million) to help the ailing hospital operator meet its immediate cash needs. Manipal and its consortium pa

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