Unitech faces the axe of NCLT, MAX Hospital loses its license, RBI keeps rates unchanged- Weekly Digest #55

Monday- 4th December 2017 Tata Communications, the telecom arm of Tata Sons which looks into enterprise, cloud and security solutions, has earmarked a capital expenditure of $20-25 million for its overall cloud business for the coming year. Online jewellery platform Bluestone Jewellery and Lifestyle's losses widened to ₹96.89 crore in 2016-17 from ₹70.5 crore in the previous …

Tata Sons’ new Chairman, Flipkart ropes in Top-Exec, NYLIC re-enters Max- Weekly Digest #30

Monday- 9th January 2017 Kalyan Krishnamurthy has been named the new chief executive of Flipkart while co-founder BinnyBansal has moved to the position of group CEO.  Krishnamurthy was a former executive in the New-York based investment firm, New York Life Insurance Company has picked up a 22.51% stake for ₹121 crores in Max-Ventures and Industries Limited. The …