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 …

RBI rates unchanged, SBI Life’s Stake, Domestic players seek Government Support- Weekly Digest #25

Monday- 5th December 2016 Investment Giants such as Blackstone Group, KKR & Co and Bain Capital, Government of Singapore Investment Corp and Canada Pension Plan Investment Board are contenders for acquiring 10% stake in SBI Life. The sale is expected to raise an amount of ₹4,000 crores. Former Chairman of Tata Sons, Cyrus Mistry has asked the government …