Corporates

Forever 21 is one of the biggest mall tenants still standing after a wave of bankruptcies in the retail sector.

Indiabulls Housing Finance shares remained among the top three percentage laggards on the 50-scrip index during Thursday's session.

On August 19, CG Power's Risk and Audit Committee had raised red flags on five counts which were prejudicial to the company.

Tiffany will start with two stores -- one in New Delhi and another in Mumbai -- that will carry the same assortment of silver and gold bracelets, necklaces and rings available in other markets, along with higher-end items with gemstones.

For the month ending June 30, the company had reported gross debt of Rs 706 crore which steeply increased to Rs 1,097 crore as on July 31.

IOC through its 11 refineries controls about a third of country's 5 million-barrel-per-day (bpd) refining capacity.

IndiGo is the country's largest private carrier with nearly 50 per cent market share on local routes.

In January, the company had announced that it will buy back shares for an amount aggregating up to Rs 8,260 crore (maximum buyback size).

Deutsche Bank started its India operations in 1980 and now has about 1,800 employees in businesses including retail and wholesale banking, investment-banking advisory and wealth-management services.

The Supreme Court on Monday directed disbursement of Rs 7.16 crore to state-run National Buildings Construction Corporation (NBCC) to complete two stalled projects of the embattled real estate group Amrapali, which has been accused of fraud. The sum was earlier deposited by the Amrapali group with the top court's registry. The two projects are in Noida and Greater Noida.

Rakesh Gangwal now intends to support a move to expand the company's board to 10 directors at its annual general meeting scheduled for August 27, reversing his earlier stance.

The government recently announced that tax rates for companies with over Rs 400 crore turnover will be gradually cut to 25 per cent.

The 154-year-old group, controlled by billionaire Pallonji Mistry and his family, expects the deals to be clinched by March next year, a source said.

IOC, BPCL and HPCL more than a week back jointly wrote to Air India seeking expeditious clearance of the dues, failing which they will be constrained to take action.

The comments from Infosys co-founder NR Narayana Murthy come at a time when the economy is facing its worst slowdown in nearly five years.