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Quess Corp Group and its subsidiaries are engaged in various activities in the market for provision of facilities management services in India. (Photo: ANI)
CCI gives nod to Amazon's 0.51 pc equity share acquisition of Quess Corp
09 Sep 2019 1:47 PM

The proposed transaction involves the acquisition of a minority non-controlling investment by the acquirer.

The company said then it had adequate capital and would focus on business development.
China's Xiaomi boosts shares with USD 1.5 billion buyback plan
03 Sep 2019 10:30 AM

Xiaomi’s market share in China declined by a fifth in the April-June quarter

The buyback commenced on March 20, 2019.
Infosys closes Rs 8,260 cr buyback offer, takes back 11.05 cr shares
27 Aug 2019 9:55 AM

The company bought back 11,05,19,266 equity shares at an average price of Rs 747.38 per equity share.

Amazon to acquire all or part of the promoters' shareholding in Future Retail Limited and is exercisable between the third to 10th years. (Representational image/ Photo: AFP)
Amazon to buy 49 pc in Future Retail promoter entity, stock dives 5.6 pc
23 Aug 2019 12:43 PM

Amazon will make an equity investment in a promoter group firm Future Coupons for a 49 per cent stake.

The limit has been revised from 26 per cent.
Govt relaxes norms for shares with differential voting rights; to boost start-ups
17 Aug 2019 10:49 AM

According to the ministry, the initiatives have been taken in response to requests from innovative technology companies and startups.

Currently, the bank has a consumer base of about 6 million using its SBI Card services for payment of products and services. (Photo: PTI)
SBI proposes to dilute stake in credit card business
14 Aug 2019 3:58 PM

The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited.

The company had posted a loss of Rs 342 crore in the same period a year ago.
RCom Q1 loss widens to Rs 366 crore
10 Aug 2019 1:01 PM

Total income of RCom during the reported period declined to Rs 866 crore from Rs 1,008 crore a year ago.

Uber’s report, its shares fell 6 per cent and Lyft dropped nearly 2 per cent. (Photo: AP)
Uber loses USD 5 billion, misses Wall Street targets despite easing price war
09 Aug 2019 9:31 AM

The company’s core business, ride-hailing, grew revenue only 2 per cent to USD 2.3 billion.

Rovio’s gross bookings from its games grew slightly, rising 0.6 per cent year on year to 65.2 million Euros (USD 73 million).
Angry Birds maker Rovio's profit hit by Hatch expansion
08 Aug 2019 1:24 PM

Angry Birds second-quarter operating profit fell 11.3 pc to 5.3 mn Euros (USD 5.94 mn) on sales that were flat at 71.8 million Euros.

Shares of Emami were trading at Rs 316.50 per scrip on BSE, up 2.81 per cent from the previous close.
Emami Q1 profit up 48 per cent to Rs 39 crore
08 Aug 2019 12:59 PM

The company had reported a profit of Rs 26.46 crore in April-June a year ago.

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