Jaguar, BMW to collaborate for Next Gen electric technology Jaguar, BMW to collaborate for Next Gen electric technology DSIJ Intelligence / Wednesday, June 5, 2019 0 1342 Article rating: 5.0 Jaguar Land Rover and BMW Group have joined forces to develop Next Generation electrifying technology. This will help develop advanced technology to be used for making of Autonomous, Connected, Electric and Shared Vehicles (ACES). Read more
Markets expect 25 bps interest rate cut Markets expect 25 bps interest rate cut DSIJ Intelligence / Wednesday, June 5, 2019 0 898 Article rating: 5.0 Indian equities markets are closed on Wednesday on occasion of Eid al-Fitr. The benchmark indices BSE Sensex closed at 40,083.54 on Tuesday, comfortably maintaining the 40,000 level anticipating a 25 basis point interest rate cut from RBI. Read more
Reserve Bank bans SR Batliboi from auditing bank books Reserve Bank bans SR Batliboi from auditing bank books DSIJ Intelligence / Wednesday, June 5, 2019 0 2224 Article rating: 5.0 Acting tough on audit firms, the Reserve Bank of India (RBI) has barred chartered accountancy firm SR Batliboi & Co LLP from auditing commercial banks for a year. This is a first of its kind action against a audit firm by the RBI. Read more
Bharat Forge acquires 48.86 per cent stake in TORK Motor Bharat Forge acquires 48.86 per cent stake in TORK Motor DSIJ Intelligence / Tuesday, June 4, 2019 0 4790 Article rating: 2.8 Bharat Forge has subscribed to 1,895 equity shares of Rs. 10 each at a premium of Rs. 21,103 per equity share of Tork Motor. Read more
Sasken Technology partners with Cohda Wireless Sasken Technology partners with Cohda Wireless DSIJ Intelligence / Tuesday, June 4, 2019 0 1459 Article rating: 5.0 Sasken Technologies has entered into a strategic technology partnership with Cohda Wireless. The shares reached an intraday high of 2 per cent on Tuesday and could witness significant movement on the bourses on Thursday. Read more