Corporates open to public gaze as data available online: FM Arun Jaitley

Corporates open to public gaze as data available online: FM Arun Jaitley

Finance and Corporate Affairs Minister Arun Jaitley on Friday said online availability of data has opened corporate activities to public gaze and raised the possibility of detecting any impropriety. He said the ease at which the data is available now and...
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SoftBank telecoms IPO faces headwinds from govt-backed upstarts

SoftBank telecoms IPO faces headwinds from govt-backed upstarts

SoftBank Group Corp’s expected spin-off of its Japanese telecoms business will lure investors seeking exposure to a solid tech name, but the prospect of tougher competition in a mature industry may turn off those chasing higher returns. SoftBank shares have....
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Govt’s new portal to provide ‘customised data’ on corporates

Govt’s new portal to provide ‘customised data’ on corporates

Stakeholders can soon have customised data on corporates, including about independent directors, with the launch of a government portal that will cater to “heterogeneous requirements”, a senior official said Friday. Besides, a dedicated portal on Corporate...
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India will need at least $125 billion to fund renewables dream: Govt official

India will need at least $125 billion to fund renewables dream: Govt official

India will need at least $125 billion to fund its ambitious plan to increase the share of renewable power supply in the country’s grid by 2022, a top government official told Reuters, underlining the immense financing challenge ahead. The nation...
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Sensex, Nifty hit fresh highs; bank stocks drive rally

Sensex, Nifty hit fresh highs; bank stocks drive rally

Markets continued their record- setting spree for the second straight day with BSE benchmark Sensex rising over 178 points to hit new closing high of 35,260.29 and Nifty ending above 10,800 for the first time, driven by a rally in...
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Uber-SoftBank deal has closed, making SoftBank largest shareholder

Uber-SoftBank deal has closed, making SoftBank largest shareholder

A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber. The deal includes a large...
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