CORPORATE
Multiple bids line up for buying a majority stake in NMDC...
- Jan 28, 2023
The government received multiple Expressions of Interest (EoIs) for the proposed strategic disinvestment of NMDC Steel (NSL), the Department of...
Google makes changes in Android policy, lets users choose...
- Jan 26, 2023
After failing to get a court order to block an antitrust ruling, Google on Wednesday said that it would allow users in India to choose default search...
Adani set to spin off more group companies in the next few...
- Jan 23, 2023
The Adani Group, controlled by billionaire Gautam Adani, plans to spin off more businesses by 2028. Speaking to the Reuters, the group’s chief...
KKCL’s Killer jeans will be the Official Sponsor of...
- Jan 20, 2023
KewalKiran Clothing (KKCL) – a leading retail company which owns brands...
Apple hiring Indian retail workers as it is set to open...
- Jan 09, 2023
Apple has begun hiring retail store workers in India and has plans to fill other roles as the technology company prepares to open stores in the...
Multiple bids received for strategic sale of government,...
- Jan 08, 2023
The government has received multiple preliminary bids for strategic sale of about 61 per cent stake in IDBI...
NCLAT refuses to stay CCI’s order against Google, asks it...
- Jan 05, 2023
In a setback for Google, the National Company Law Appellate Tribunal (NCLAT) on Wednesday refused an interim stay on the Competition Commission of...
Google accuses CCI order against it of “copy-pasting...
- Jan 04, 2023
Google has told a tribunal in India that the country’s antitrust investigators copied parts of a European ruling against the US company for abusing...
Airtel plans about Rs 28,000-crore capex in telecom...
- Dec 29, 2022
Telecom operator Bharti Airtel planned to invest around Rs 28,000 crore in telecom network with a focus on 5G rollout, a company executive said on...
Ex-chief of ICICI Bank Chanda Kochhar and her husband...
- Dec 24, 2022
Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar were arrested by the CBI on Friday as part of its investigation into a money...
Reliance Retail buys Metro Cash & Carry’s India business...
- Dec 23, 2022
Consolidating its position in the retail segment, Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries (RIL), on Thursday signed...
Deepak Fertilisers to spin off mining chemicals and...
- Dec 16, 2022
Deepak Fertilisers announced demerger of its mining chemicals and fertiliser businesses on Thursday. The move will help the company provide focused...
BSNL upgrading 4G to 5G technology in 7 months: Telecom...
- Dec 09, 2022
State-owned BSNL’s 4G technology will be upgraded to 5G in five to seven months and rolled out across 1.35 lakh telecom towers that the company has...
Big, fat, Indian weddings set to make a comeback at Pride...
- Dec 08, 2022
Pride Amber Vilas Resort & Convention Centre Jaipur, an exclusive resort hugely popular with domestic and international tourists, has now been...
CCI's penalties and directives against Google may get lost...
- Nov 21, 2022
Google got a taste of India’s regulatory rap in October this year. The Competition Commission of India (CCI) slapped two penalties on the US...
Zomato set to lay off 4% of its total workforce to cut...
- Nov 20, 2022
Gurugram-headquartered food aggregator Zomato has reportedly started laying off employees this week and plans to drop at least 4 per cent of its...
Jet Airways hits another air pocket, salaries of a third of...
- Nov 19, 2022
Revival of Jet Airways is not coming through well as now the company has decided to send 60 per cent of its staff on leave without pay from December...
Tatas mull merging all airline brands under Air India, may...
- Nov 18, 2022
The Tata Group was considering a plan to integrate its four airline brands under Air India, reported the Bloomberg on Thursday, citing...
SJVN wins Rs 585-crore, 83-mw solar project in Madhya...
- Nov 11, 2022
State-run SJVN on Thursday said that it had bagged a contract to build, own and operate an 83-mw floating solar project worth Rs 585 crore in Madhya...
Reliance set to snap up German retailer’s Indian arm...
- Nov 07, 2022
Reliance Industries was set to acquire German retailer Metro’s Cash & Carry business in India in a deal estimated at around 500 million euros...
Adani installs India’s largest wind turbine, taller than...
- Nov 04, 2022
A wind turbine taller than the world’s tallest Statue of Unity with blades spanning wider than the wingspan of a jumbo jet has been installed at...
LIC plans dividends, bonus shares to shore up net worth and...
- Oct 29, 2022
Life Insurance Corporation of India (LIC) was planning to transfer nearly $22 billion from policyholders’ funds into a fund earmarked to pay...
SEBI bars Bombay Dyeing, Wadias from securities markets for...
- Oct 23, 2022
Bombay Dyeing and Manufacturing Company has been barred by the country’s capital market regulator from the securities markets for two...
RIL to demerge financial services business, list JFSL on...
- Oct 22, 2022
Mukesh Ambani’s Reliance Industries (RIL) on Friday said that it would demerge its financial services arm and list it on the stock...
CCI orders probe against IREL for alleged pricing abuse
- Oct 20, 2022
The Competition Commission of India (CCI) has ordered a detailed probe against State-owned IREL for alleged abuse of its dominant position in...
Infosys declares Rs 9,300-crore share buyback, issues 10%...
- Oct 15, 2022
Infosys, the country’s second-largest IT services company, on Thursday announced a share buyback of Rs 9,300 crore via open market route for a...
ArcelorMittal Group bags Uttam Galva Steels through...
- Oct 14, 2022
The ArcelorMittal Group on Friday added another steel company to its portfolio. The Mumbai bench of National Company Law Tribunal (NCLT) approved the...
Pride Group of Hotels adds another property with launch of...
- Sep 29, 2022
Pride Group of Hotels has added another landmark in Central India with launch of Pride Hotel Bhopal. Conveniently located in the heart of the city,...
Jet Airways’ resumption hits an air pocket; airline yet...
- Sep 28, 2022
Jet Airways India, the carrier undergoing a court-monitored process to emerge from bankruptcy, will not return to the skies this month as previously...
Foxconn’s Sriperumbudur unit to make iPhone 14 for Indian...
- Sep 27, 2022
Apple’s newest phone, iPhone 14, will be made in India as the global tech titan bets big on the manufacturing prowess of the world’s...
Days after Premji’s warning, Wipro sacks 300 found to be...
- Sep 22, 2022
Wipro Chairman Rishad Premji on Wednesday said that the company had fired 300 employees who were found to be working for one of its competitors at...
PFC completes successful resolution of Jhabua Power Limited
- Sep 08, 2022
Power Finance Corporation (PFC) has successfully resolved yet another stressed project, 600 mw thermal power project of Jhabua Power Ltd., situated...
Pride Hotels to expand presence in north India, foray into...
- Sep 06, 2022
The Pride Group of Hotels is scaling up its operations in north India with launch of additional properties in 2022. The new portfolio includes hotels...
Cyrus Mistry, 54, former chairman of Tata Sons, dies in a...
- Sep 05, 2022
Former Tata Group Chairman Cyrus Mistry died in a road accident on Sunday. He was 54. The accident occurred in Charoti in Palghar when his Mercedes...
At RIL AGM, Ambani sets Diwali date for 5G launch & rolls...
- Aug 30, 2022
Billionaire Mukesh Ambani on Monday announced a Rs 2.75-lakh crore investment plan to expand and diversify his $221-billion empire by rolling out 5G...
Chairman Bhargava drives down memory lane to understand a...
- Aug 26, 2022
From what started out as an “accident” doomed to fail to becoming a dominant force in the automotive industry, helping the country to become the...
Adani firm to buy 29.18% in NDTV, make open offer of 26%...
- Aug 24, 2022
Richest Indian Gautam Adani’s company on Tuesday said that it would buy a majority stake in New Delhi Television (NDTV), one of the nation’s most...
Adani Power snaps up DB Power for Rs 7,017 crore; deal to...
- Aug 20, 2022
Adani Power on Friday said that it would acquire DB Power, which owns and operates a 2 x 600 mw thermal power plant in Janjgir Champa district in...
NHPC to build hydropower plant in Nepal after Chinese...
- Aug 19, 2022
Nepal signed a pact with NHPC to develop a hydroelectric plant in the west of the nation years after a Chinese firm backed out, officials said on...
ONGC and ExxonMobil join hands for deepwater exploration in...
- Aug 18, 2022
Oil and Natural Gas Corporation (ONGC) signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil on Wednesday for deepwater...
Pride Hotels targeting hotel portfolio of 100 properties...
- Aug 12, 2022
Pride Group of Hotels, which currently has 44 properties nationally, has embarked on an ambitious expansion plan. The Mumbai-headquartered luxury...
Tatas take the wheel of Ford India, buy US carmaker’s...
- Aug 09, 2022
Late on Sunday, Tata Motors’ subsidiary Tata Passenger Electric Mobility (TPEML) announced that it had signed an agreement to buy Ford India’s...
Shriram Transport gets CCI’s approval to merge with...
- Aug 03, 2022
Non-banking financial company (NBFC) Shriram Transport Finance Company on Tuesday said that it had received an approval from the Competition...
Utkarsh Small Finance Bank re-files IPO papers with SEBI,...
- Aug 01, 2022
Utkarsh Small Finance Bank has re-filed preliminary papers with capital market regulator SEBI and reduced its initial public offer (IPO) size to Rs...
Home Ministry approves appointment of Campbell Wilson as...
- Jul 26, 2022
The Home Ministry has given security clearance to Air India CEO-designate Campbell Wilson, paving the way for him to take charge of the airline,...
ONGC seals deal with GAIL India and AGCL to sell gas from...
- Jul 25, 2022
ONGC had inked gas sale agreements (GSAs) with GAIL India and Assam Gas Company (AGCL) to monetise its upcoming field in Khubal in North Tripura...
Domino’s India mulls shifting some business away from...
- Jul 23, 2022
Domino’s Pizza India franchise would consider taking some of its business away from popular food delivery apps, Zomato and SoftBank-backed Swiggy,...
Oppo India denies DRI’s charges of Rs 4,389-crore Customs...
- Jul 14, 2022
Chinese phone-maker Oppo’s India unit on Wednesday said that it had a “'different view” on the charges mentioned in the show-cause notice (SCN)...
HDFC twins’ merger, Adani-Holcim combination push deal...
- Jul 07, 2022
The mega $60-billion merger of the HDFC twins, $10.5-billion Adani-Holcim deal, along with $2.7-billion LIC share sale in the June quarter pushed the...
‘Phantom of Bombay House’ Pallonji Mistry passes away...
- Jun 29, 2022
Pallonji Mistry, the chairman of Mumbai-based conglomerate Shapoorji Pallonji, died at his residence in Mumbai on early Tuesday morning. Mr Mistry...
Zomato snaps up Blinkit for Rs 4,447.48 crore in a...
- Jun 25, 2022
Online food delivery platform Zomato on Friday said that it would acquire Blink Commerce (formerly known as Grofers India) for a total purchase...
RIL, Shell win $111-million arbitration award against the...
- Jun 13, 2022
The government has lost its appeal in the English High Court against a $111-million arbitration award in favour of Reliance Industries (RIL) and...
Government set to expedite privatisation process of...
- Jun 07, 2022
The government is likely to conclude the privatisation process of State-run companies that are in the pipeline after facing a setback over the sale...
Air India sweetens voluntary retirement norms with...
- Jun 02, 2022
Air India on Wednesday reduced eligibility age from 55 to 40 and announced cash incentive to encourage a significant section of its employees to...
PFC lists Euro green bonds on Luxembourg Stock Exchange
- Jun 02, 2022
Power Finance Corporation (PFC), a leading NBFC in the power sector, on Wednesday listed its maiden 300-million-euro, 1.841-per cent Euro green bonds...
Coal India to import for first time since 2015 as power...
- May 29, 2022
State-run Coal India, the world’s largest coal miner, would import the fuel for use by utilities, a Power Ministry’s letter seen by...
Rs 1,000-cr dividend income of Indian oil companies stuck...
- May 28, 2022
As much as 8 billion rubles (about Rs 1,000 crore) of dividend income belonging to Indian oil companies is stuck in Russia after the Putin...
EoI process for stake sale of BPCL called off as many...
- May 27, 2022
The government on Thursday said that it had called off the current process for inviting expression of interests (EoIs) for the strategic...
ONGC eyeing stake sale to a strategic partner to help...
- May 27, 2022
Oil and Natural Gas Corporation (ONGC) is offering a stake to global oil companies to help develop challenging fields off the country’s east coast,...
Adani wins bids to acquire Holcim’s stakes in Ambuja...
- May 16, 2022
The Gautam Adani Family has announced that it has entered into definitive agreements for the acquisition of Switzerland-based Holcim’s entire stake...
Ultratech joins the race for Holcim’s stakes in Ambuja...
- May 12, 2022
The Aditya Birla Group, which owns the country’s largest cement company, Ultratech, has formally joined the race to buy out the Swiss cement giant...
Swiggy suspends Supr Daily services in five cities; Genie...
- May 11, 2022
Swiggy on Tuesday announced that it was suspending its grocery and daily essentials delivery service, Supr Daily across major metros, including...
Insurance stake sales may help Future Enterprises stay away...
- May 09, 2022
Debt-ridden Future Group firm Future Enterprises expects to raise around Rs 3,000 crore from selling its stake in the insurance business to pare...
As Jet Airways takes a test flight, CEO Sanjiv Kapoor tells...
- May 07, 2022
Jet Airways CEO Sanjiv Kapoor on Friday asked his staff to “maintain laser-like focus” and said “there is no room for complacency”. Mr...
L&T Finance mulls exiting real estate lending, keen on...
- May 03, 2022
L&T Finance was exploring “inorganic structures” to exit the real estate projects lending business or at least reduce its exposure in the...
ISMC lines up $3 billion for a semiconductor plant in...
- May 02, 2022
International semiconductor consortium ISMC would invest $3 billion in Karnataka to set up a chip-making plant, the State government said on...
Government asks State-owned companies to consider buying...
- Apr 29, 2022
India has asked State-run energy companies to evaluate the possibility of buying European oil major BP’s stake in sanctions-hit Russian company...
Kerala High Court asks OMCs what parameters they follow in...
- Apr 27, 2022
The Kerala High Court on Tuesday asked State-run oil marketing companies (OMCs) what was the reason for a difference in retail and bulk purchase...
Secured lenders of Future Retail reject deal with Reliance...
- Apr 23, 2022
Secured lenders of Future Group firm Future Retail (FRL) on Friday rejected a Rs 24,713-crore deal with Reliance Retail for acquisition by a majority...
Anil Agarwal’s advice to govt: Corporatise and divest,...
- Apr 22, 2022
Vedanta Group Chairman Anil Agarwal on Thursday suggested that the government could earn more money by share sales and incremental profit if it...
Nissan slams the brakes on Datsun in India as sales of the...
- Apr 21, 2022
Japanese auto major Nissan on Wednesday said that it was discontinuing Datsun brand in India. The decision comes nine years after the company had...
With a tally of 1.67 lakhs, highest-ever number of...
- Apr 19, 2022
More than 1.67 lakh companies were incorporated or registered by the Ministry of Corporate Affairs in 2021-22 compared to 1.55 lakh companies...
Salil Parekh reveals that Infosys will not work with...
- Apr 14, 2022
Infosys CEO and MD Salil Parekh said on Wednesday that the company would not work with any Russian clients. “We work with no Russian clients,...
At $30.3 billion, M&As in January-March 2022 soar to a...
- Apr 12, 2022
Mergers and acquisitions (M&As) started off on a strong footing, hitting a four-year high at $30.3 billion in the first quarter of 2022. They...
HDFC, HDFC Bank merger set to create India’s...
- Apr 05, 2022
HDFC Bank, the country’s most valuable lender, on Monday agreed to take over the country’s largest mortgage lender, HDFC, in a $40 billion deal....
Anil Ambani quits as director of RPower, RInfra after SEBI...
- Mar 26, 2022
Reliance Group Chairman Anil Ambani on Friday resigned as director of Reliance Power (RPower) and Reliance Infrastructure (RInfra), following markets...
Reliance set to refuse discounted Russian crude oil amid...
- Mar 18, 2022
Reliance Industries, the operator of the world’s biggest refining complex, might avoid buying Russian fuels for its plants, following Western...
Cairn lines up $4 billion to triple oil and gas production...
- Mar 12, 2022
Cairn Oil & Gas, a unit of Vedanta, will spend as much as $4 billion over the next three years to more than triple its production as high prices...
Reliance sends notices to scrap sub-leases of 950 Future...
- Mar 11, 2022
In a fresh twist in the fight to gain supremacy in the Indian retail market, billionaire Mukesh Ambani’s Reliance Retail has slapped notices on...
Breather for Vijay Mallya as UK court permits family to...
- Mar 08, 2022
Family of Vijay Mallya will be able to hold on to their plush London home after a UK court ruled that refinancing of a loan by a family trust firm...
CBDT accuses Huawei of cooking accounts books to save...
- Mar 04, 2022
The Income Tax (I-T) Department had found alleged manipulation of account books for reducing taxable income in India by Chinese telecom company...
Pride Group of Hotels expands its presence in Gujarat with...
- Mar 02, 2022
Pride Group of Hotels is rapidly expanding in the Gujarat market with signing of two new properties – Pride Biznotel Gir and Pride Divine Resort...
BharatPe sacks Ashneer Grover’s wife Madhuri Jain for...
- Feb 23, 2022
In a first big jolt to Ashneer Grover, BharatPe has terminated the services of his wife Madhuri Jain Grover, the head of controls of the fintech...
IDFC FIRST Bank chief gifts over Rs 3.95-crore shares to...
- Feb 21, 2022
IDFC FIRST Bank MD and CEO V Vaidyanathan has gifted 9 lakh shares of the bank held by him worth over Rs 3.95 crore to five individuals, including...
Housing society built by NBCC unsafe, residents of over 700...
- Feb 17, 2022
A housing society with over 700 flats in Gurugram, constructed by the State-owned NBCC India, will be demolished after it has been declared unsafe...
Tata Sons chief Chandrasekaran charts out plans for Air...
- Feb 17, 2022
The Tata Group would make Air India financially fit, upgrade aircraft, bring in new fleet and make it the most technologically advanced airline...
India Inc gets a breather as SEBI makes separation of...
- Feb 16, 2022
In a significant move, markets watchdog SEBI on Tuesday decided to implement the requirement to separate the positions of chairperson and managing...
'Hamara Bajaj' no more: Outspoken industrialist Rahul Bajaj...
- Feb 13, 2022
Hamara Bajaj was the iconic jingle that resonated with aspirations of the middle class in a pre-liberalised India. And the man behind that brand...
After India exit plan, Ford mulls producing EVs in the...
- Feb 12, 2022
Ford Motor said on Friday that it was considering producing electric vehicles (EVs) in India for export and possibly for sale in the domestic market....
PFC’s consolidated nine-month net profit for FY22 soars...
- Feb 12, 2022
Power Finance Corporation (PFC) on Friday posted a 23 per cent rise in its consolidated net profit at Rs 14,483 crore for the nine months of FY22,...
BharatPe founders’ fight out in the open, Grover calls...
- Feb 05, 2022
A day after Ashneer Grover, an embattled co-founder of BharatPe, had sought removal of CEO Suhail Sameer from the board, the fintech startup’s...
Air India flies back to the Tatas as govt hands over...
- Jan 27, 2022
The Tata Group on Thursday took over the ownership of national carrier Air India. “The strategic disinvestment transaction of Air India...
FabIndia lines up Rs 4,000-crore IPO, to gift over 7 lakh...
- Jan 24, 2022
Lifestyle retail brand FabIndia plans to raise up to Rs 4,000 crore through an initial public offer (IPO). In a novel approach, the company’s...
Vedanta Resources readying $10-bn fund to bid for BPCL and...
- Jan 21, 2022
Mining company Vedanta Resources planned to create a $10-billion fund to bid for assets, including the government’s stake in Bharat Petroleum...
UK court orders Vijay Mallya’s eviction from London home...
- Jan 19, 2022
Embattled businessman Vijay Mallya on Tuesday lost a legal battle to hold on to his plush London home after a British court refused to grant him a...
Supreme Court throws out appeal filed by Devas against...
- Jan 18, 2022
The Supreme Court on Monday junked an appeal filed by Devas Multimedia, challenging an order to wind up the company. A bench comprising, Justice...
Adani Wilmar slashes IPO size to Rs 3,600 crore from...
- Jan 15, 2022
Edible oil company Adani Wilmar (AWL) cut the size of its initial public offer (IPO) to Rs 3,600 crore from Rs 4,500 crore planned earlier, people...
Govt set to be the largest shareholder in VIL as telco opts...
- Jan 12, 2022
Debt-ridden Vodafone Idea (VIL) has decided to opt for converting about Rs 16,000 crore of interest dues liability payable to the government into...
CCI orders probe into Google’s alleged breach of...
- Jan 08, 2022
The Competition Commission of India (CCI) on Friday ordered an investigation into Alphabet’s Google following allegations from news publishers,...
RIL mops up $4 bn via dollar bonds, India’s largest-ever...
- Jan 07, 2022
Reliance Industries (RIL) said on Thursday that it had raised $4 billion by issuing US dollar bonds in three tranches, claiming it to be the...
Bharti Airtel scraps corporate restructuring plan, to merge...
- Jan 05, 2022
Bharti Airtel said that it had withdrawn a corporate restructuring plan announced last year as its existing set-up was optimal to leverage reforms...
In a first-ever, Alka Mittal given additional charge as CMD...
- Jan 04, 2022
Alka Mittal, the director of human resources of Oil and Natural Gas Corporation (ONGC), had been given the additional charge of chairman and managing...
Riding high on hopes in 2022, Pride Hotels targets to take...
- Jan 04, 2022
With current portfolio of 36 hotels, the Pride Group of Hotels is hoping to achieve the target of 50 properties nationally in 2022. In the last six...
“Going That Extra Mile Separates Us From The Rest”:...
- Jan 03, 2022
Suryakant Singh firmly believes that keeping his guests in good humour is the way to success in hospitality business. This basic tenet has been...
CCI orders probe into Apple’s alleged anti-competitive...
- Jan 01, 2022
The Competition Commission of India (CCI) on Friday ordered an investigation into Apple’s business practices in the country, saying that it was of...
Ambani hints at accelerating leadership transition process...
- Dec 29, 2021
Richest Indian Mukesh Ambani on Tuesday mentioned about leadership transition at his energy-to-retail conglomerate, saying that he wanted the process...
RBL Bank renews partnership with Bajaj Finance for...
- Dec 28, 2021
RBL Bank on Monday announced signing of agreement with Bajaj Finance for extension of partnership of co-branded credit cards for a period of five...
L&T Fin Holdings to sell investment management division to...
- Dec 24, 2021
L&T Fin Holdings (LTFH) announced on Thursday that it would be selling L&T Investment Management (LTIM) to HSBC AMC for $425 million (Rs...
Snapdeal jumps on the IPO bandwagon, files papers with SEBI...
- Dec 22, 2021
E-commerce platform Snapdeal has filed preliminary documents with markets regulator SEBI to raise funds through an initial public offer (IPO),...
CCI suspends Amazon’s deal with Future, fines Rs...
- Dec 18, 2021
The Competition Commission of India (CCI) on Friday suspended Amazon’s 2019 deal with the Future Group following a review of allegations that the...
JioMart logs into WhatsApp to take on online rivals Amazon...
- Dec 15, 2021
Ordering groceries, vegetables and daily essentials is just a WhatsApp away. This is possible with billionaire Mukesh Ambani’s e-commerce platform,...
Supriya Lifescience public issue from December 16 to 20 at...
- Dec 13, 2021
Supriya Lifescience will be hitting the market with an IPO on December 16, which will close on December 20. The price band of the offer has been...
“India Will Be A Global Hub For Speciality Chemicals”:...
- Dec 07, 2021
Anil Gupta appears undeterred by COVID-19. The group managing director of Krishna Antioxidants (KAPL) reveals that his speciality chemicals company...
“Weekend Tourism Will Get Much-Needed Fillip”: S P...
- Dec 06, 2021
Like the rest of the hospitality industry, Pride Hotels too is gradually emerging out of the gloom of COVID-19-induced slowdown. As the economy...
Tata Motors will raise prices of commercial vehicles by...
- Dec 06, 2021
Tata Motors, India’s largest commercial vehicle manufacturer, announced a price hike of its commercial vehicle range on Monday. An increase in...
A new twist to Future-Reliance deal as Amazon asks Supreme...
- Nov 25, 2021
Amazon.com has asked the Supreme Court to pause an expedited review of allegations that the US company had concealed information while seeking...
Assets of BSNL and MTNL worth around Rs 1,100 crore up for...
- Nov 20, 2021
The government has listed for sale real estate assets of State-run telecom companies MTNL and BSNL at a reserve price of around Rs 1,100 crore,...
ABB Power Products rebrands itself as Hitachi Products &...
- Nov 19, 2021
ABB Power Products & Systems India on Friday announced its rebranding as Hitachi Products & Systems India. “Following the recent rebranding...
Paytm – India’s largest IPO – has a dismal debut,...
- Nov 18, 2021
Shares of One 97 Communications, the parent entity of digital payments firm Paytm, made a weak debut on the stock exchanges on Thursday, listing at a...
LIC’s IPO set to roll out in Q4 of FY22: DIPAM Secretary...
- Nov 17, 2021
Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said on Wednesday that Life Insurance Corporation of...
Readying for takeoff, Akasa Air orders 72 Boeing 737 MAX...
- Nov 16, 2021
Low-cost airline Akasa Air has placed an order for 72 Boeing 737 MAX jets. The order may help the US plane-maker regain lost ground in one of the...
Cairn joins hands with Halliburton to raise its oil and gas...
- Nov 16, 2021
Cairn Oil & Gas on Tuesday announced that it was entering into a technical partnership with US-based Halliburton Company for raising ten-folds...
Pride Hotel and Indian Hospitality Network to organise lawn...
- Nov 11, 2021
Pride Group of Hotels has announced its first post-pandemic event in the hospitality industry with the Pride Cup for Lawn Tennis in collaboration...
PFC’s standalone net profit for Q2 of FY22 surges by 32%...
- Nov 11, 2021
Power Finance Corporation (PFC) on Thursday posted a 32 per cent increase in standalone profit after tax (PAT) of Rs 2,759 crore in the September...
Nykaa makes a dazzling debut on bourses, closes at a...
- Nov 10, 2021
Shares of FSN E-Commerce Ventures, which runs Nykaa, the online marketplace for beauty and wellness products, closed the day on Wednesday with a huge...
Alchemist ARC planning to move court in loan scam case
- Nov 05, 2021
Alchemist Asset Reconstruction Company (ARC) promoter Alok Dhir is planning to move higher courts in a loan scam case in which Pratip Chaudhuri, the...
Happiest Minds plans to slash US’ revenue below 65%...
- Nov 05, 2021
Happiest Minds Technologies wants to bring down its dependency on the US, the world’s largest software market, to under-65 per cent on a...
Cairn agrees to drop litigation after getting refund of...
- Nov 03, 2021
Cairn Energy on Wednesday said that it had agreed to drop litigation to seize Indian properties in countries ranging from France to the...
Former SBI chief Pratip Chaudhuri arrested in alleged loan...
- Nov 01, 2021
The Rajasthan police on Monday arrested Pratip Chaudhuri, a former State Bank of India (SBI) chairman, from his Delhi residence in an alleged loan...
Pride Hotels forays into Udaipur, launches a bouquet of...
- Oct 28, 2021
Pride Group of Hotels has announced its foray into the city of lakes with launch of Pride Hotel Udaipur, Rajasthan. The hotel is centrally located...
Setback for Airtel in GST refund case as Supreme Court...
- Oct 28, 2021
The Supreme Court on Thursday upheld the government’s appeal and dismissed a Delhi High Court’s May, 2020 order that allowed Bharti Airtel to...
Tata Sons, Union government ink share purchase agreement...
- Oct 25, 2021
The government on Monday signed a share purchase agreement with Tata Sons for sale of national carrier Air India for Rs 18,000 crore. Earlier...
Paytm’s Rs 16,600-crore IPO gets SEBI’s approval,...
- Oct 22, 2021
Digital financial services company Paytm on Friday received market regulator SEBI’s approval for its Rs 16,600-crore initial public offer (IPO),...
Inmarsat gets nod to offer high-speed internet service on...
- Oct 20, 2021
British satellite operator Inmarsat Holdings said on Wednesday that it was the first foreign operator to get India’s approval to sell high-speed...
IPO-bound Ola CFO Swayam Saurabh and COO Gaurav Porwal set...
- Oct 19, 2021
SoftBank Group-backed ride-hailing firm Ola is set to lose two top executives, according to an internal memo seen by the Reuters, ahead of a...
SBI’s Rajnish Kumar recalls Jet Airways’ resolution...
- Oct 19, 2021
State Bank of India’s (SBI) board members were keen on a letter of support from the government before giving nod to the resolution plan of...
NCLT lets Reliance Retail’s creditors, shareholders to...
- Oct 18, 2021
The National Company Law Tribunal (NCLT) on Monday allowed creditors and shareholders of Reliance Retail Ventures to hold meetings to seek approval...
Japan’s Cainz Corporation picks TCS to speed up digital...
- Oct 18, 2021
Tata Consultancy Services (TCS), a global IT services, consulting and business solutions company, has been selected as a strategic partner by Cainz...
Amazon copied sellers’ products, manipulated search...
- Oct 13, 2021
Amazon.com has been repeatedly accused of knocking off products it sells on its website and of exploiting its vast trove of internal data to promote...
Big Bull Jhunjhunwala’s Akasa Air gets government’s...
- Oct 11, 2021
SNV Aviation, which will fly under the brand name, Akasa Air, has received a No-Objection Certificate (NoC) from the Ministry of Civil Aviation as it...
Mukesh Ambani enters the world’s most exclusive...
- Oct 09, 2021
Mukesh Ambani, Asia’s richest person, has joined Jeff Bezos and Elon Musk in the world’s most exclusive wealth club with a fortune of at least...
Life comes full circle for the Tatas as Tata Sons wins bid...
- Oct 08, 2021
The Tatas won the bid to acquire debt-laden, State-run Air India, offering Rs 18,000 crore for acquiring 100 per cent shareholding, a senior...
Piramal demerger to result in listed companies in financial...
- Oct 07, 2021
Piramal Enterprises (PEL) on Thursday announced a demerger of its pharmaceutical business. “The board of directors of PEL, in their meeting held...
Axis Bank first Indian private bank to arrange SOFR-linked...
- Oct 06, 2021
Axis Bank on Wednesday said that it had become the first Indian private bank to arrange a Secured Overnight Financing Rate (SOFR)-linked trade...
RBI supersedes boards of SREI Group companies on defaults,...
- Oct 04, 2021
The Reserve Bank of India (RBI) on Monday superseded the board of directors of SREI Infrastructure Finance and SREI Equipment Finance, owing to...
Government has not yet taken any decision on Air India’s...
- Oct 02, 2021
Commerce and Industry Minister Piyush Goyal on Saturday said that the government had not taken any decision on Air India so far and that the final...
ZEEL knocks on Bombay High Court’s door to declare...
- Oct 02, 2021
Zee Entertainment Enterprise (ZEEL) on Saturday moved the Bombay High Court against its biggest shareholders, Invesco Developing Markets Fund and OFI...
ZEEL says no to Invesco’s call for EGM, matter may...
- Oct 01, 2021
The board of Zee Entertainment Enterprises (ZEEL) would not hold an extraordinary general meeting (EGM) as demanded by shareholder Invesco Developing...
NCLT orders ZEEL to hold a board meeting to decide on...
- Sep 30, 2021
The National Company Law Tribunal (NCLT) on Thursday directed Zee Entertainment Enterprises (ZEEL) to hold a board meeting to consider its...
Pride Group plans to take its hotel portfolio to 50 by 2022
- Sep 30, 2021
Pride Group of Hotels, one of the fastest-growing hotel chains in India, on Wednesday announced that it would expand its portfolio to 50 hotels and...
