In accordance with the RBI circular dated April 17, it said, the board of directors of Kotak Mahindra Bank has not recommended any dividend for 2019-20.
Operations at both Manesar and Gurugram facilities were suspended since March 22.
Reliance Industries (RIL) Rights Issue: Reliance Industries (RIL) had earlier announced its plans to raise Rs 53,125 crore through a 1:15 rights issue at a price of Rs 1,257 per share. In its earnings statement for the quarter ended March 2020, RIL had said that this would be India's biggest rights issue.
Renault India has opened more than 194 showrooms and workshops in line with the new safety protocols and the remaining touchpoints will be opened in a phase-wise manner based on permissions from the local authorities, the company said in a statement.
SBI General Insurance's gross written premium (GWP) stood at Rs 6,840 crore in FY20 compared to Rs 4,717 crore in the previous fiscal.
The scrip rose 3.40 per cent to Rs 1614.85 on the BSE, almost near its all-time high of Rs 1,617.80. During the process, the market capitalisation (m-cap) of RIL too rose above the Rs 10 lakh crore mark.
Vista’s investment will translate into a 2.32 per cent equity stake in Jio Platforms on a fully diluted basis, making Vista the largest investor in Jio Platforms behind RIL and Facebook.
The BMW 8 Series Gran Coupe is powered by a 3-litre, 6-cylinder in-line BSVI petrol engine. This is the most luxurious sports coupe ever built by BMW. On the other hand, the BMW M8 Coupe, priced at Rs 2.15 crore, has a 4-litre, 8-cylinder "TwinPower" turbo petrol engine with bold, racecar design with superlative aerodynamics.
The latest deal puts the Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore, as per the data given by RIL in an exchange filing to the BSE. With this latest deal, Jio Platforms has now raised Rs 60,596.37 crore from leading technology investors in less than three weeks.
Vista's investment in Jio Platforms Limited will translate into a 2.32 per cent stake, which will make Vista the largest investor in Jio Platforms after Reliance Industries and Facebook.
The GSK sale, at an average price of Rs 1,905 per share, is the largest secondary market trade on Indian stock exchanges.
Amazon, which holds an indirect stake of 1.3% in Future Retail, is in talks with the company’s parent Future Group over the potential stock purchase, said the people, who asked not to be identified as the information is private.
HCL Tech's revenue grew 16.3 per cent to Rs 18,590 crore in the quarter under review, from Rs 15,990 crore in the corresponding quarter last year, as per US GAAP.
The fresh filing of GST for these months could give Bharti Airtel refunds of as much as Rs 923 crore, which the telco claims it had paid extra since it missed filing a few invoices which led to extra calculation of payable taxes.
Kishore Biyani-owned FRL’s $500 million senior secured notes due in 2025 have been assigned a rating of ‘CCC+’ with a recovery rating of ‘RR4’, Fitch said. RR4 indicates average recovery prospects in the event of default.
Kapoor and his family members allegedly got benefits worth Rs 4,300 crore through the companies controlled by them as kickbacks for sanctioning huge loans, the ED has alleged.
"All our dealerships have put in place steps to ensure complete safety, hygiene and sanitisation of all touchpoints," MSI Managing Director and CEO Kenichi Ayukawa said.
A single-judge Bench of Justice C V Bhadang heard a plea via videoconference filed by the Serious Fraud Investigation Office (SFIO), challenging the order passed by the court on April 28 granting Sankaran temporary bail of 75 days.
Tata Steel CEO and Managing Director (MD) T V Narendran has also stepped down from the Presidentship of the Association, tenure of which was scheduled to end in August.
While a senior executive at Hyundai Motors said they will start their plant from May 6, Toyota Kirloskar Motors said they will begin plant preparations including training of staff beginning Tuesday.