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‘Laptop Import Restrictions: Companies Given Ample Time to Apply for Licenses’

by Craig Fedirighi
‘Laptop Import Restrictions: Companies Given Ample Time to Apply for Licenses’

NEW DELHI: The government is expected to give more time to companies to apply for licences to import laptops and other devices, government sources said. The timelines may be extended, …

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Categories Business

NTPC: NTPC Set to Establish Separate Arm for Coal Mining Business in Rs 7,795-Crore Deal

by Craig Fedirighi
NTPC: NTPC Set to Establish Separate Arm for Coal Mining Business in Rs 7,795-Crore Deal

MUMBAI – State-owned power producer NTPC Ltd has received board approval to create a separate entity called NTPC Mining Ltd for its coal mining operations. The coal mining business generated …

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Categories Business

Indiabulls Housing Finance Promoter Continues to Reduce Stakeholding

by Craig Fedirighi
Indiabulls Housing Finance Promoter Continues to Reduce Stakeholding

Mumbai: Indiabulls Housing Finance promoter Sameer Gehlaut has reduced his stake in the company to 2% and is likely to totally exit the company by the end of September as …

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Categories Business

Fin Can tumbles 9% following Rs 38 crore fraud

by Craig Fedirighi
Fin Can tumbles 9% following Rs 38 crore fraud

Can Fin Homes stock fell over 9% on Wednesday after the company reported an over Rs 38-crore internal fraud to stock exchanges. The fraud amount is over a fifth of …

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Categories Business

Analysts Lift L&T Targets Following Impressive Q1 Performance and Share Buyback

by Craig Fedirighi
Analysts Lift L&T Targets Following Impressive Q1 Performance and Share Buyback

Mumbai: Larsen & Toubro (L&T) surged to an all-time high on Wednesday – rising as much as 4.4% in early trades – as the Street cheered better-than-expected first-quarter earnings that …

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Categories Business
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