Corporates

President Trump is scheduled to make his first visit as president to India on February 24-25 during which he will travel to Prime Minister Narendra Modi's home state of Gujarat.

Raghu Krishnananda has led R&D teams in the US and India, in companies such as Yahoo, Goldman Sachs and Citibank.

The case relates to OFCDs issued by two companies of Sahara group in 2008 after taking approval from the Ministry of Corporate Affairs.

"ABB technology is always striving to drive sustainable and meaningful progress for the future. We feel privileged to continue contributing towards sustainable transportation with our best-in-class solutions for electrification of the Indian rail network," said Sanjeev Sharma, Managing Director, ABB India.

Yes Bank's loss of mom-and-pop deposits in September was manageable in the end, though it pointed to a risk for the lender whose peers HDFC Bank Ltd. and ICICI Bank Ltd. drew more savings from customers during that period

HUG manufactured smart watches embedded with safety features in collaboration with Foxconn and fitness bands, building a customer base of 30,000 people.

The total QIA investment in AEML is Rs 3,220 crore which includes equity consideration of Rs 1,210 crore and shareholder subordinated debt of Rs 2,010 crore.

Simplus is a recognised leader and advisor in cloud consulting, implementation, data integration, change management and training services for Salesforce quote-to-cash applications.

Total income of all CPSEs during 2018-19 stood at Rs 24,40,748 crore compared to Rs 20,32,001 crore in 2017-18, showing a growth of 20.12 per cent.

Amazon and Flipkart have faced mounting criticism from brick-and-mortar retailers, which accuse the US giants of violating law by racking up billions of dollars of losses to fund deep discounts and discriminating against small sellers. The companies deny the allegations.

"The government of India has 'in-principle' decided to disinvest 100 per cent of its equity shareholding in CEL (which is equivalent to 100 per cent of the total paid-up equity share capital of CEL) through Strategic Disinvestment with transfer of management control (Strategic Disinvestment or Transaction)," DIPAM, the Disinvestment Department, said.

"Process of divestment is on. We will not close down these special units," Mr Chaudhary told PTI, when asked whether the company will consider shutting down these plants if the steel maker does not find suitable buyers for them. Three units are functioning as per demand, but operating below their optimal capacities, SAIL officials said, adding that the combined manpower in these facilities is around 1,972. "The bids received are under evaluation by the transaction advisor, SBI Capital Markets Ltd," the company said.

The decision was made after market regulator Sebi extended its deadline for companies to split the posts of Chairman and Managing Director by two years till April 2022.

LIC IPO: Set up in 1956, LIC currently controls a majority share in the life insurance market in the country.

State carrier Air India has cancelled flights to China and Hong Kong until further notice while private carrier IndiGo has suspended its flights until February 20.