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ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 286734.53 Crore) operating in Tobacco sector.

While neither companies released any financial details of the matter, sources in the know told ET that the size of the deal was valued at nearly $2.5 billion.

According to the regulatory filings sourced through business intelligence platform Tofler, Delhivery Private Ltd has become Delhivery Ltd.

The amalgamation of PHL Fininvest Private Limited with PEL will create a listed non-banking financial services (NBFC) entity. The merged housing finance company (HFC) post DHFL acquisition will remain a 100 per cent subsidiary of PEL.

The IT major Tata Consultancy Services will announce it earnings for September 2021 quarter today. Other than it,

Jefferies estimates Airtel’s India mobile revenues “to grow 7.1% sequentially compared to Jio’s 4.7% in the July-September period,” and its ARPU to also jump “7.3% on-quarter to Rs 157,” while Jio is slated to report muted growth - 1.3% - to Rs 140 on this metric.

Consumer spending is inching towards the pre-pandemic level according to the second quarter business updates by companies including Marico, Godrej Consumer Products, Titan Company and HDFC Bank. The demand revival is driven by falling Covid caseload and rising vaccination in the country.

Appearing for ZEE, senior counsel Navroz Seervai submitted to NCLAT that the tribunal had allowed the company “only 36 hours to file a reply”. He added that contrary to what NCLT has mentioned in the order, “this is not a simple matter”.

Exim Bank intends to tap the overseas market to raise $1 billion to fund overseas project finance as demand sees a pick-up this year.

The regulator was quite annoyed with repeated violations of prudential norms, including income recognition, asset classification and provisioning (IRACP), ever-greening of loans and deterioration of corporate governance standards.