Saudi Arabia's PIF will invest Rs 11,367 crore in Jio; platform gets 11th investor after General Atlantic, Silver Lake among others
Public Investment Fund of Saudi Arabia, one of the world’s largest sovereign wealth funds, will invest Rs 11,367 crore for 2.32 percent of Jio Platforms, the eleventh investment in the Reliance Industries (RIL) digital unit in nine weeks.
L Catterton becomes tenth investor in Jio Platforms, picks 0.39% stake for Rs 1,894.5 crore; RIL's digital arm raises 1.04 lakh crore in seven weeks
L Catterton, a consumer-focused private equity firm, picked 0.39 percent stake in Jio Platforms with an investment of Rs 1,894.50 crore, becoming the tenth investor in the Reliance Industries Limited's digital arm in seven weeks
The government has amended the norms whereby contributions by corporates to the PM CARES Fund will qualify as CSR spending under the companies law
Markets regulator SEBI on Wednesday asked listed companies to make a disclosure about the impact of coronavirus pandemic on their business to investors and stakeholders in a timely and cogent manner
Companies need to be more diligent while choosing partners for implementing COVID-19 relief measures: EY report
With an increasing number of corporates mobilising resources to support the government address the COVID-19 threat, there is a greater need for due diligence by companies on the partners they choose to work with to implement the relief measures, consultancy firm EY said on Wednesday
Coronavirus Lockdown: Salary cut imminent; 27 out of top 100 companies can't sustain current wage bill, says Deloitte study
As many as 27 out of the top 100 companies listed on the National Stock Exchange (NSE) will not be able to sustain current wage bill if their revenue dip by 30 percent or more due to a nationwide lockdown and imminent salary cuts, a Deloitte study said
Coronavirus Outbreak: SEBI relaxes AGM deadline for certain companies; gives time till September-end
Providing compliance relaxation amid the coronavirus pandemic, markets regulator SEBI on Thursday gave time till September-end to certain companies for conducting their annual general meetings
The Reserve Bank of India's three-month suspension of EMIs could provide a liquidity breather of Rs 2.10 lakh crore if all corporates avail it, says a report
The income tax department has sent e-mails to 1.72 lakh assessees, including start-ups, companies and individuals, who have outstanding tax demands as well as tax refunds asking them to provide as update on the payment
Markets regulator SEBI on Friday eased compliance rules for listed companies with regard to prior intimation to stock exchanges about board meetings amid the extended nationwide lockdown to tackle coronavirus pandemic
Seeking more funds for the fight against coronavirus pandemic, the government has appealed to top corporates to make contributions to the PM-CARES Fund
Spending by corporates to deal with the coronavirus outbreak will be considered as CSR activity under the companies law, the government said on Monday
Coronavirus outbreak: SEBI further relaxes compliance norms for listed firms; companies granted time till 30 June for filing financial results
On Thursday, the SEBI gave a 45-day relaxation for companies to file their fourth-quarter results as well as an additional one-month time to submit their annual results.
Markets regulator SEBI on Thursday gave relaxation of 45 days to companies for filing fourth-quarter financial results and a one-month extension to file results for 2019-20
Disclose reasons for delay in submission of financial results to stock exchanges within a day: SEBI tells cos
In case a company decides to delay the announcement of results prior to the due date, reasons have to be disclosed within one working day of taking such a decision, according to a SEBI circular
Over 600-700 Indian companies acquired annually over last decade; average transaction size of Rs 200 cr: CII-PwC report
The CII-PwC study also noted that India has seen M&A activity in excess of $billion 123.7, 182.6 and 348.3 over the last three, five and ten years, respectively
Low base drives up Corporate India's Q1 revenues 17% on y-o-y basis; consumer-oriented sectors do well, says Icra
"Indian corporate sector's aggregate revenues have grown by 17.1 percent during the first quarter (Q1FY19), on a year-on-year basis,
Banking frauds: Finance Ministry asks 9,000 non-compliant NBFCs to register with Finance Intelligence Unit
In a statement, the ministry said as unregistered NBFCs remain outside the reporting ambit of FIU, they pose a risk to the integrity of the country's financial system.
More than a year after its acquisition by Wipro, Appirios founding CEO Chris Barbin would be stepping down
Banks, companies vow to move away from fossil fuels as world leaders meet in Paris to tackle climate change
Major banks and companies vowed on Tuesday to move away from Earth-warming fossil fuels as world leaders met in Paris.