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Cigna abandons pursuit of Humana, plans $10 billion share buyback

Cigna abandons pursuit of Humana, plans $10 billion share buyback

Mon, Dec 11, 2023

Cordani said the company would consider bolt-on acquisitions aligned with its strategy as well as "value-enhancing divestitures."

IndiGo's parent firm to challenge tax demands worth over Rs 1,666 crore

IndiGo's parent firm to challenge tax demands worth over Rs 1,666 crore

Thu, Nov 23, 2023

The company said a demand of "INR 7,396.76 million (AY 2016-17) and INR 9,270.31 Million (AY 2017-18) was raised by the Assessing officer, against which the Company had preferred appeal before CIT-Appeal".

Titan Company plans to hire over 3,000 employees in next 5 years

Titan Company plans to hire over 3,000 employees in next 5 years

Tue, Nov 21, 2023

The Titan Company said it is planning to add over 3,000 employees in the next 5 years across domains including engineering, design, luxury, digital, data analytics, marketing and sales among others.

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Nasscom says Cloud adoption can create 14 million jobs, add $380 billion to India's GDP by 2026

Nasscom says Cloud adoption can create 14 million jobs, add $380 billion to India's GDP by 2026

Thu, Jul 21, 2022

Large-scale adoption of Cloud has the potential to contribute $380 billion to the country's GDP, creating 14 million direct and indirect employment opportunities by 2026, a Nasscom report showed on Wednesday.

Planning to buy Tata Motors vehicle? Indian Bank offering attractive car loan offers; Details

Planning to buy Tata Motors vehicle? Indian Bank offering attractive car loan offers; Details

Wed, Jul 20, 2022

Public sector Indian Bank on Tuesday said it has partnered with Tata Motors Passenger Vehicles Ltd to offer its car loans to customers.

DRI unearths customs duty evasion of Rs 4389 crore by Oppo Mobiles India

DRI unearths customs duty evasion of Rs 4389 crore by Oppo Mobiles India

Wed, Jul 13, 2022

DRI on Wednesday detected customs duty evasion of around Rs 4,389 crore on Oppo Mobiles India Private Limited, as per the official PIB release said. The DRI unearthed the evasion during an investigation pertaining to ‘Oppo India’.

Bank of Baroda raises MCLR on select tenor loans by up to 15 basis points

Bank of Baroda raises MCLR on select tenor loans by up to 15 basis points

Mon, Jul 11, 2022

State-owned Bank of Baroda has raised the marginal cost of funds-based lending rate by up to 0.15 percent for select tenor of loans with effect from Tuesday.

Samsung Electro-Mechanics says in talks with Tesla to possibly supply camera modules

Samsung Electro-Mechanics says in talks with Tesla to possibly supply camera modules

Fri, Jul 08, 2022

Samsung Electro-Mechanics said on Friday that it is in talks with Tesla Inc to possibly supply camera modules, but that it cannot reveal the deal size or amount at this time.

Veerkrupa Jewellers IPO: In a first, company advertising its GMP; Anil Singhvi calls this unusual, cautions investors

Veerkrupa Jewellers IPO: In a first, company advertising its GMP; Anil Singhvi calls this unusual, cautions investors

Tue, Jul 05, 2022

Zee Business Exclusive: In an unusual development and probably the first instance, a company known as Veerkrupa Jewellers is openly claiming a Grey Market Premium (GMP) in an advertisement. The company is from the BSE SME platform and today is the last day of the Initial Public Offer (IPO).

SEBI issues warning letter to Aurobindo Pharma over US FDA audit

SEBI issues warning letter to Aurobindo Pharma over US FDA audit

Mon, Jun 27, 2022

The Securities and Exchange Board of India (SEBI) on Monday issued a warning letter to pharmaceutical manufacturing company Aurobindo Pharma. The warning letter has been issued for not sharing complete information related to the United States Food and Drug Administration (US FDA). Zee Business report.

HCL Tech opens new global delivery centre in Vancouver

HCL Tech opens new global delivery centre in Vancouver

Fri, Jun 24, 2022

The centre will "significantly" expand the company's presence in the country to serve clients primarily in the hi-tech industry, HCL Tech said in a statement.

Springfit announces Kareena Kapoor Khan as its Brand Ambassador

Wed, Jun 22, 2022

The brand of premium and progressive sleep accessories and solutions Springfit mattress have announced signing the renowned Bollywood actress and youth icon Kareena Kapoor Khan as its brand ambassador, as per an official release said.

PhonePe prepping for IPO; seeks valuation of USD 8-10 billion

PhonePe prepping for IPO; seeks valuation of USD 8-10 billion

Wed, Jun 15, 2022

PhonePe, part of the Walmart Inc-controlled Flipkart group, is considering to raise funds through an initial public offering for expanding its financial services portfolio and deepening its core United Payments Interface (UPI)-based payments operations, investment banking sources said on Wednesday.

Shopping now possible at 36000 feet in air with SpiceJet's launch of 'Sky Mall' - details here

Shopping now possible at 36000 feet in air with SpiceJet's launch of 'Sky Mall' - details here

Wed, Jun 15, 2022

Sky Mall in SpiceScreen: Budget airline company SpiceJet on Wednesday announced the launch of 'Sky Mall' on its in-flight entertainment platform, SpiceScreen. It is the first-ever Indian airline to offer authentic online shopping experience in-flight, the company claims. Passengers can buy the product at 36000 feet in the air. Zee Business Ambrish Pandey's report.

Alstom appoints Olivier Loison as MD for India cluster

Alstom appoints Olivier Loison as MD for India cluster

Tue, Jun 14, 2022

French mobility company Alstom on Tuesday announced the appointment of Olivier Loison as Managing Director (MD) for India cluster with effect from this month. He will succeed Alain Spohr, who is retiring after 40 years of service with the company, Alstom said in a statement.

Shriram City to raise up to Rs 300 crore by issuing bonds

Shriram City to raise up to Rs 300 crore by issuing bonds

Tue, Jun 14, 2022

Shriram City Union Finance on Tuesday said it will raise up to Rs 300 crore by issuing debt securities on a private placement basis.

cargo-partner plans to expand to 10 more Indian cities, focus on warehousing and e-commerce in 2022

cargo-partner plans to expand to 10 more Indian cities, focus on warehousing and e-commerce in 2022

Wed, Jun 08, 2022

Global logistics service provider cargo-partner on Wednesday announced its plan to expand to 10 more Indian cities in the next two-three years.

DGCA slaps Rs 10 lakh fine on SpiceJet, Check here why

DGCA slaps Rs 10 lakh fine on SpiceJet, Check here why

Mon, May 30, 2022

The Directorate General of Civil Aviation has imposed a fine of Rs 10 lakh on SpiceJet for training a Boeing 737 MAX pilot on a bad simulator.

Sebi tweaks cyber security, cyber resilience framework of KYC registration agencies

Sebi tweaks cyber security, cyber resilience framework of KYC registration agencies

Mon, May 30, 2022

Sebi on Monday said that it changed the cyber security and the cyber resilience framework of KYC Registration Agencies (KRAs).

JSW Steel-JSW Ispat Merger: Who will get what? Zee Business report decodes

JSW Steel-JSW Ispat Merger: Who will get what? Zee Business report decodes

Mon, May 30, 2022

JSW Steel and JSW Ispat will be merged. How much will the two companies benefit from the merger? Zee Business Senior Research Analyst Ashish Chaturvedi's report.

OYO IPO: Hospitality firm plans IPO after September, may settle for lower valuation

OYO IPO: Hospitality firm plans IPO after September, may settle for lower valuation

Tue, May 24, 2022

The hospitality and travel-tech firm has written to stock market regulator Sebi, seeking to file updated and restated consolidated financial information.

LIC Result FY22: Board of directors to declare financial results for FY22 at the end of this month, meeting on May 30

Tue, May 24, 2022

The board of directors of the state-owned Life Insurance Corporation of India (LIC) will announce the financial results for the financial year ended March 2022 at the end of May.

Bajaj Allianz Life announces bonus worth Rs 1,070 crore for its policyholders in FY22

Bajaj Allianz Life announces bonus worth Rs 1,070 crore for its policyholders in FY22

Fri, May 20, 2022

Private life insurance company Bajaj Allianz Life on Thursday announced a bonus to the tune of Rs. 1,070 crores for its policyholders.

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