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SoftBank CEO Masayoshi Son Says "Embarrassed And Flustered" By Track Record: Report
SoftBank founder and CEO Masayoshi Son is spending most of his time on the group's investing activities - centred on the $100 billion Vision Fund - leaving day-to-day running of core businesses such as telecoms operator SoftBank Corp to key lieutenants.
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Forever 21 Files For Bankruptcy Amid Fierce E-Commerce Competition
Since the start of 2017, more than 20 US retailers, including Sears Holdings Corp and Toys 'R' Us, have filed for bankruptcy, succumbing to the onslaught of fierce e-commerce competition from Amazon Inc.
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Government Aims To Sell Air India, Other Firms By March 2020: Official
The government planned to sell Bharat Petroleum Corp, logistics firm Container Corp of India and debt-laden Air India before the end of the 2019/20 financial year, the official said.
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CBS, Viacom To Reunite With Plans For Bigger Role In Streaming TV Wars
The new company will be named ViacomCBS Inc, although CBS shareholders will own 61 per cent and Viacom shareholders will own 39 per cent.
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Jamna Auto Braces For Plant Shutdowns Amid Industry-Wide Crisis
New Delhi-based Jamna Auto's customers include General Motors Co, Toyota Motor Corp and Tata Motors.
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ONGC Seeks Partners To Boost Output From Over 60 Small Oil And Gas Fields
Companies that work with ONGC will be free to market and sell their share of oil and gas output as they like for up to 20 years, ONGC said.
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RBI To Enhance Monitoring Of Shadow Banks: Shaktikanta Das
The comment comes at a time when there are fears that India may be facing a major crisis in its shadow banking sector after shares of mortgage lender Dewan Housing Finance Corp Ltd (DHFL) plunged this week after two credit-rating firms cut their view of DHFL debt to "default" levels
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IndiGo Close To New Engine Deal, May Drop Pratt & Whitney: Report
IndiGo has an order book of 430 Airbus planes of the A320neo family, of which the first 150 aircraft were to be powered by engines from United Technologies Corp's Pratt & Whitney.
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DHFL Shares Slump 18% On Deposit Curbs After Downgrade
Shares of Dewan Housing Finance Corp Ltd (DHFL), one of India's biggest home loan lenders, fell as much as 18 per cent to Rs 107.15 on the BSE.
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IL&FS Says Japan's Orix Corp Seeks To Buy Remaining Stake In Wind Assets
In April, GAIL (India) Ltd offered Rs 4,800 crore ($683.01 million) for IL&FS's power plant portfolio, emerging as the highest bidder for its wind assets.
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India Uncertainty, Japan Tax Rise To Limit Profit Growth, Says Suzuki Motor
Suzuki Motor Corp anticipates currency volatility, particularly the rupee and euro, to weigh on profit growth, even as it expects overall global vehicle sales to hit record highs.
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Berkshire Hathaway To Invest $10 Billion In Occidental For Anadarko Buy
Occidental and Chevron Corp are locked in a battle to buy Anadarko's prized assets in West Texas' huge Permian shale oil field, the biggest oil-industry takeover in years
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Maruti Suzuki Posts 4.6% Dip In Quarterly Profit, Sees Weak Year Ahead
The country's biggest automaker, majority owned by Japan's Suzuki Motor Corp, said it expected production and sales to grow between 4 per cent and 8 per cent for the financial year
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MRPL To Shut Crude Unit, Other Facilities From Mid-April: Report
MRPL, a subsidiary of the country's top explore Oil and Natural Gas Corp, operates a 300,000 bpd refinery in southern India.
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Government Raises Natural Gas Price For April-September By 10%: Report
Higher gas prices, however, will lead to higher earnings for state-owned Oil and Natural Gas Corp Ltd and Oil India Ltd.
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SoftBank CEO Masayoshi Son Says "Embarrassed And Flustered" By Track Record: Report
SoftBank founder and CEO Masayoshi Son is spending most of his time on the group's investing activities - centred on the $100 billion Vision Fund - leaving day-to-day running of core businesses such as telecoms operator SoftBank Corp to key lieutenants.
-
Forever 21 Files For Bankruptcy Amid Fierce E-Commerce Competition
Since the start of 2017, more than 20 US retailers, including Sears Holdings Corp and Toys 'R' Us, have filed for bankruptcy, succumbing to the onslaught of fierce e-commerce competition from Amazon Inc.
-
Government Aims To Sell Air India, Other Firms By March 2020: Official
The government planned to sell Bharat Petroleum Corp, logistics firm Container Corp of India and debt-laden Air India before the end of the 2019/20 financial year, the official said.
-
CBS, Viacom To Reunite With Plans For Bigger Role In Streaming TV Wars
The new company will be named ViacomCBS Inc, although CBS shareholders will own 61 per cent and Viacom shareholders will own 39 per cent.
-
Jamna Auto Braces For Plant Shutdowns Amid Industry-Wide Crisis
New Delhi-based Jamna Auto's customers include General Motors Co, Toyota Motor Corp and Tata Motors.
-
ONGC Seeks Partners To Boost Output From Over 60 Small Oil And Gas Fields
Companies that work with ONGC will be free to market and sell their share of oil and gas output as they like for up to 20 years, ONGC said.
-
RBI To Enhance Monitoring Of Shadow Banks: Shaktikanta Das
The comment comes at a time when there are fears that India may be facing a major crisis in its shadow banking sector after shares of mortgage lender Dewan Housing Finance Corp Ltd (DHFL) plunged this week after two credit-rating firms cut their view of DHFL debt to "default" levels
-
IndiGo Close To New Engine Deal, May Drop Pratt & Whitney: Report
IndiGo has an order book of 430 Airbus planes of the A320neo family, of which the first 150 aircraft were to be powered by engines from United Technologies Corp's Pratt & Whitney.
-
DHFL Shares Slump 18% On Deposit Curbs After Downgrade
Shares of Dewan Housing Finance Corp Ltd (DHFL), one of India's biggest home loan lenders, fell as much as 18 per cent to Rs 107.15 on the BSE.
-
IL&FS Says Japan's Orix Corp Seeks To Buy Remaining Stake In Wind Assets
In April, GAIL (India) Ltd offered Rs 4,800 crore ($683.01 million) for IL&FS's power plant portfolio, emerging as the highest bidder for its wind assets.
-
India Uncertainty, Japan Tax Rise To Limit Profit Growth, Says Suzuki Motor
Suzuki Motor Corp anticipates currency volatility, particularly the rupee and euro, to weigh on profit growth, even as it expects overall global vehicle sales to hit record highs.
-
Berkshire Hathaway To Invest $10 Billion In Occidental For Anadarko Buy
Occidental and Chevron Corp are locked in a battle to buy Anadarko's prized assets in West Texas' huge Permian shale oil field, the biggest oil-industry takeover in years
-
Maruti Suzuki Posts 4.6% Dip In Quarterly Profit, Sees Weak Year Ahead
The country's biggest automaker, majority owned by Japan's Suzuki Motor Corp, said it expected production and sales to grow between 4 per cent and 8 per cent for the financial year
-
MRPL To Shut Crude Unit, Other Facilities From Mid-April: Report
MRPL, a subsidiary of the country's top explore Oil and Natural Gas Corp, operates a 300,000 bpd refinery in southern India.
-
Government Raises Natural Gas Price For April-September By 10%: Report
Higher gas prices, however, will lead to higher earnings for state-owned Oil and Natural Gas Corp Ltd and Oil India Ltd.
