Ireland woos Indian companies from smaller towns post Brexit

At present most of the Indian companies in Ireland belong to IT segment. Read more »

Vodafone Idea to begin life with focus on cost cuts

The measures include rationalisation of its distributor and tower networks, reduction in advertising and marketing spending, a hiring freeze and letting go of redundant offices across circles, the people said. Read more »

Rediffusion buys back WPP & Dentsu’s stake

Specialist brands run as joint ventures like Wunderman for direct marketing and Sudler & Hennessey for healthcare will now be known as Rediffusion Direct and... Read more »

Vote in favour of Fortis-IHH deal, says proxy advisory firm

ISS said the deal would help bring funds into the cash-strapped company and separate Fortis from ongoing issues that its erstwhile promoters Malvinder and Shivinder Singh are facing. Read more »

Food platforms yet to delist many restaurants sans FSSAI licence

Apart from Swiggy, UberEats, Zomato, FSSAI had sent notices to Box8, Fasso’s, FoodCloud, Foodmongo, Foodpanda, Jusfood and LimeTray. Read more »

Manipal group in talks to buy AMRI from Emami for up to Rs 1,000 crore

Emami is looking for a valuation of Rs 800-1,000 crore for the hospital chain. Investment bank Avendus Capital is advising the AMRI promoters to find a buyer, the sources said. Read more »

Delist fake goods sellers, Delhi High Court tells Amazon

Lawyers for Beverly Hills Polo said Amazon took off some URLs after they had sent legal notices but subsequently fresh links had sprung up on the Amazon site. Read more »

Telcos may give 700 MHz, 5G bands amiss, but raise 4G holdings: Analysts

For 700 MHz, which was unsold at the previous auction, the authority proposed cutting the base price to Rs 6,568 crore a unit, Telcos feel the recommended prices are still high. Read more »

Reject Reliance Communications’ plea to quash insolvency proceedings: Ericsson

According to legal sources, RCom needs to complete the asset sale by August 27, otherwise it will be pushed back into insolvency again. Read more »

United Bank of India raises red flag over Aadhaar pay round-tripping

PSBs have allegedly lost lakhs due to round-tripping by business correspondents of private banks. Read more »