Emami Group takes bold steps to cut debt; plans to sell its hospital Emami Group takes bold steps to cut debt; plans to sell its hospital Avalokita Pandey / Thursday, January 23, 2020 0 3737 Article rating: 4.3 One of the major skin care and healthcare brands in India, Emami Group, is in talks with American multinational investment bank-JP Morgan for raising Rs 1,500 crore through Non-Convertible Debentures (NCDs). Read more
Closing bell: Sensex erase gain by ending 200 points lower Closing bell: Sensex erase gain by ending 200 points lower Avalokita Pandey / Wednesday, January 22, 2020 0 760 Article rating: 4.5 During Wednesday’s trading session, Sensex and Nifty erased their gains as Sensex slipped by 0.50 per cent and closed at 41,115.38 level while, Nifty closed at 12,106.90, down by 0.52 per cent. Read more
HCL launches Microsoft Business Unit for digital transformation HCL launches Microsoft Business Unit for digital transformation Avalokita Pandey / Wednesday, January 22, 2020 0 2134 Article rating: 4.0 Hindustan Computers Limited (HCL) Technologies, a subsidiary of HCL Enterprise, announced the launch of a dedicated Microsoft Business Unit (MBU) in order to help joint customers by taking initiatives related to digital transformation. Read more
Glenmark sells its gynaecology segment to pare debt Glenmark sells its gynaecology segment to pare debt Avalokita Pandey / Wednesday, January 22, 2020 0 2239 Article rating: 2.4 One of the leading pharmaceutical companies, Glenmark Pharmaceuticals, sold its gynaecology business in India and Nepal to Integrace Health Pvt Ltd, backed by a private equity firm, True North, to cut down debt of the company. Read more
Merger talks stall between Dish TV & Airtel Merger talks stall between Dish TV & Airtel Avalokita Pandey / Tuesday, January 21, 2020 0 1011 Article rating: 4.0 Dish TV and Airtel Digital TV have stalled their merger over differences of the company’s structure, according to reports. However, Bharti Airtel’s Direct-to-Home (DTH) arm-Airtel Digital TV continues to offer its shares, post local reports on a possible merger last year. Read more