Spencer's is likely to be listed on the bourses in November after its demerger from CESC. The National Company Law Tribunal (NCLT) had approved a demerger in March this year, but the formal sanction came in October.
Tesla to cut jobs, says 'road ahead is very difficult'"Higher volume and manufacturing design improvements are crucial for Tesla to achieve the economies of scale required to manufacture the standard rang… Read MoreSensex, Nifty end higher for fourth straight dayOn the BSE index, Reliance Industries, Kotak Mahindra Bank, HCL Tech, ONGC, Asian Paints and Vedanta were among the major gainers with their stocks su… Read MoreRIL chief Mukesh Ambani outlines plan to take on Amazon, FlipkartJio and Reliance Retail will launch a commerce platform to empower its 12 lakh small retailers in Gujarat. The retail arm operates nearly 10,000 outle… Read MoreWipro Q3 profit jumps 32%; announces dividendNet profit of the IT major stood at Rs 2,545 crore in the three months to December 31, from Rs 1,930 crore in the same period a year earlier. The Beng… Read MorePolicy action can improve governance in banks: RBI governor
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