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Latest Articles in Corporate Movement

Etihad To Raise Stake In Cash-Strapped Jet Airways: Source

Goyal's penchant for control, according to people who have worked with him, has emerged as a major obstacle as the airline tries to negotiate a rescue deal, media sources reported last month

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India December Retail Passenger Vehicle Sales Down 3 Per Cent On Year - Dealer Body

The data, based on vehicle registrations, was released by the Federation of Automobile Dealers Association (FADA)

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LCR Capital Partners Appoints Samir Jain As Director - India

His core expertise lies in capital fundraising, wealth structuring and bespoke investment opportunities along with joint ventures, mergers & acquisitions

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U.S. Drugmaker Johnson & Johnson's India Sales Dip 3 Per Cent In 2017/18 - Filing

The company, currently mired in a controversy surrounding the safety of its baby talcum powder, reported overall sales of 58.28 billion rupees in India for the year, its filing with the country's Ministry of Corporate Affairs shows

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Ashwani Lohani Retires; V K Yadav New Railway Board Chairman

Yadav belongs to the 1980 batch of the Indian Railway Service of Electrical Engineers. He started his career as an assistant electrical engineer in February, 1982

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Jet Airways Defaults On Debt Payment To Banks, Shares Drop

The 25-year-old airline is facing financial difficulties and owes money to pilots, lessors and vendors. Intense pricing competition, a weak rupee and rising fuel costs weighed on Indian airlines in 2018

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India Tightens E-Commerce Rules, Likely To Hit Amazon, Flipkart

The new rules said that services provided to vendors on an e-commerce platform and by that entity's affiliates should be done so at arm's length and in a fair and non-discriminatory manner

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Indian Regulator Says Reuters Report On J&J Baby Powder 'Under Consideration'

A spokeswoman for the CDSCO told Reuters it was too early to say if a formal investigation would be launched into the baby powder that is ubiquitous in many Indian homes, a potential market of 1.3 billion people

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Ola To Invest $100 Million In Indian Scooter Sharing Startup Vogo

Vogo, which provides services in the southern Indian cities of Bengaluru and Hyderabad, will use the money to expand its fleet by 100,000 scooters

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Jet Airways' Survival May Rest On Founder Goyal Leaving The Cockpit

"He was a visionary in his day but those days are behind us," said a senior aircraft financier who has done deals with Goyal. "This is the moment of truth for Naresh Goyal."

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Jayant Krishna Resigns From NSDC, Confirms to BW Businessworld

After reports emerging about his disassociation with the organisation, Mr Krishna says he finally thought of confirming the news to dispel any misapprehensions.

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France Plans Renault CEO Hunt As Board Frays Over Ghosn - Sources

Nissan fired Carlos Ghosn as chairman three days after his detention, but Renault has resisted pressure to dismiss him, as the scandal strains their carmaking alliance

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Grab Invests $100 Million In Indian Hotel Startup OYO: Source

The investment by Grab is part of the $1 billion fund raise OYO announced in September in a bid to grow its business in India and China, and expand into new international markets

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Are Regulations Mandating Board Diversity Helpful?

The regulations mandating gender diversity has several important ramifications. First, a large portion of new additions of female directors on the boards of Indian firms after the enactment of gender quota has been to the pool of non-independent directors

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Macron, Abe To Discuss Renault-Nissan At G20 As Feud Brews

The auto alliance is facing the biggest test of its 19-year existence after the ousting of Nissan Motor Co Chairman Carlos Ghosn, who was arrested last week for suspected financial misconduct

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