Carpetright creditors back UK restructuring plan

Apr 26 2018

Creditors and landlords of Carpetright (CPRC.L) approved the struggling British retailer’s restructuring plan at a meeting on Thursday.

Constellium says extension of Rusal deadline good for aluminium sector

Apr 26 2018

The aluminium sector has enough time to reorganise its supply chain that was disrupted by U.S. sanctions on Russian giant Rusal after Washington extended a deadline.

Vivendi says Elliott's support of Telecom Italia CEO is inconsistent

Apr 26 2018

Vivendi (VIV.PA) said that a vote by activist fund Elliott Advisors in favor of Telecom Italia (TLIT.MI)’s boss Amos Genish on April 24 showed its “inconsistency”.

India to have 500 mn Internet users by June: Experts

Apr 26 2018

The number of Internet users in India will hit 500 million by June and by 2020, the country will have an estimated 702 million smartphone users, experts said.

Rosneft-owned Essar Oil to be called Nayara Energy

Apr 26 2018

Russian oil major Rosneft-owned Essar Oil Ltd plans to change its corporate identity to Nayara Energy Ltd, the company said today.

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Stocks In News



In talks to sell MF and broking units for Rs 600 Cr

Bain Capital , Warburg, Yes Bank and IndusInd said to have expressed interest

The AMC business had an AUM of Rs 66392 cr and PAT of Rs 58 cr in FY17

The Securities business had a PAT of Rs 29 cr in FY17

Economic Times Reports


Taj Mansingh auction to begin on 19th June18 as per NDMC notice

NDMC - New Delhi Municipality Council

Potential bidders can submit bids starting from 18th May

The hotel is a 292 room five star hotel currently operated by IHCL

Mint Reports


Zydus Gets final approval from USFDA for Methylprednisolone

Will be manufactured at formulations manufacturing facility at Moraiya, Ahmedabad

Also received final approval to market Cinacalcet Hydrochloride Tablets

Will be manufactured at facility at SEZ, Ahmedabad

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