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Apple asks its suppliers to make batteries in India to...
- Dec 08, 2023
In a development that will deepen India’s local value addition in the mobile and electronics manufacturing chain, Apple has asked its suppliers to...
FedEx invests $100 million in Hyderabad tech hub to boost...
- Dec 06, 2023
FedEx Express, an arm of New York Stock Exchange-listed, global express transportation company FedEx Corp, on Tuesday inaugurated its first tech hub...
ReNew Energy inks pact with ADB for a funding of $5.3...
- Dec 05, 2023
Renewable energy company ReNew Energy Global has inked an initial pact with the Asian Development Bank (ADB) for a funding of $5.3...
LIC set to open office in GIFT City to consolidate overseas...
- Dec 04, 2023
Life Insurance Corporation of India (LIC) is planning to open office in the Gujarat International Finance Tec (GIFT) City-International Financial...
Tesla’s Cybertruck at $60,990, over 50% more than price...
- Dec 02, 2023
Tesla’s long-delayed Cybertruck will be priced starting at $60,990, over 50 per cent more than what CEO Elon Musk had touted in 2019, and cost...
Aster DM Healthcare to sell 65% in Gulf business to Fajr...
- Nov 29, 2023
Hospital chain Aster DM Healthcare has agreed to sell a majority stake in its Gulf business to an investor group based in the region for $1 billion...
Taiwan’s Foxconn lines up $1.6-billion investment to...
- Nov 28, 2023
Taiwan-based Foxconn’s Hon Hai Technology on Monday announced investment of $1.6 billion to build a factory in India.Foxconn, a prominent Apple...
Coal India may double volume of e-auction to 60 mt in G2 of...
- Nov 24, 2023
Coal India is likely to e-auction approximately 60 mt of coal in the second half of the current financial year, according to estimates indicated by...
CG Power plans to set up a $791-million semiconductor unit...
- Nov 23, 2023
Shares of CG Power and Industrial Solutions were locked in the 20 per cent upper circuit at Rs 469, a record high, on Wednesday after the company...
Go First may fly into liquidation as lone bidder Jindal...
- Nov 22, 2023
Jindal Power, the only company whose expression of interest (EoiI to take over Go First was accepted by creditors, had decided not to follow through...
Tata Tech woos Morgan Stanley, Blackrock & others to invest...
- Nov 10, 2023
Tata Technologies (Tata Tech) is in talks with Morgan Stanley Investment Management, Blackrock and some US hedge funds to invest in its initial...
Dabur India eyes acquisitions, armed with Rs 7,000 crore of...
- Nov 09, 2023
With substantial cash reserve of Rs 7,000 crore, Dabur India is actively seeking acquisition opportunities in the healthcare and home and personal...
NMDC’s subsidiary Legacy is readying to mine gold in...
- Nov 07, 2023
State-owned iron ore miner NMDC’s subsidiary, Legacy Iron Ore, is set to mine gold in western Australia, the government has said in a...
Tata Motors joins hands with JLR to roll out premium EV...
- Nov 03, 2023
Tata Motors on Thursday announced that it had partnered with JLR for development of its premium pure electric series Avinya. Tata Passenger...
L&T enters fabless semiconductor chip design, lines up Rs...
- Nov 01, 2023
Larsen & Toubro (L&T) is foraying into fabless semiconductor chip design by setting up a subsidiary, the engineering major has said. The...
Ericsson sets up 6G R&D centre in Chennai, eyes tie-ups...
- Oct 29, 2023
Swedish telecom gear-maker Ericsson on Saturday announced setting up a 6G research and development (R&D) centre in Chennai. Ericsson is also...
With Wistron deal, Tata Group becomes first Indian company...
- Oct 28, 2023
The Tata Group has acquired Wistron’s operations in India, paving the way for it to manufacture and assemble Apple iPhones in India for both...
RBI nod for Ashok Vaswani as MD and CEO of Kotak Mahindra...
- Oct 22, 2023
Private sector lender Kotak Mahindra Bank on Saturday said that it had received the Reserve Bank of India’s (RBI) approval for appointment of...
NCLT’s nod for Himadri-Dalmia’s resolution plan for...
- Oct 20, 2023
Birla Tyres announced that the National Company Law Tribunal (NCLT) had approved the resolution plan for the company on Thursday in a regulatory...
Government eyes Rs 1,100 crore from a 7% stake sale in...
- Oct 18, 2023
The Union government will sell up to a 7 per cent stake in State-run housing finance company, Housing and Urban Development Corporation (HUDCO),...
Grasim Industries to mop up Rs 4,000 crore through a rights...
- Oct 17, 2023
Grasim Industries said that its board of directors at its meeting on Monday approved to raise Rs 4,000 crore via rights issue. The record date for...
TCS’ fifth buyback offer of Rs 17,000 crore at Rs 4,150...
- Oct 12, 2023
Tata Consultancy Services (TCS) announced a share buyback for Rs 17,000 crore at a price of Rs 4,150 a share on Wednesday. The buyback price was at a...
Four Vivo executives, including a Chinese national,...
- Oct 11, 2023
The Enforcement Directorate (ED) on Tuesday arrested four executives of Chinese smartphone-maker Vivo, including one Chinese national, a report by...
Rajnish Kumar Singh completes acquisition of Sheetal...
- Oct 07, 2023
Rajnishkumar Singh, the visionary behind Rajnish Wellness Ltd’s success with Dava Discount stores, has completed acquisition of Sheetal Diamonds...
Sadhana Nitro Chem sees high profits ahead with new plants...
- Oct 06, 2023
Sadhana Nitro Chem, a leading manufacturer of intermediate speciality chemicals, has commissioned new plants. The company has said that the new...
Cases under IBC resolution set to hit 300 in FY24, reveals...
- Oct 02, 2023
Number of resolutions of stressed assets under the insolvency law was likely to touch 300 this year, IBBI Chairperson Ravi Mittal said on Sunday and...
UAE’s IHC to sell stakes in Adani Green Energy and Adani...
- Sep 29, 2023
Abu Dhabi conglomerate International Holding Company (IHC) on Thursday said it would sell its stake in two of India’s Adani Group companies. The...
Kewal Kiran launches first exclusive boyswear brand Junior...
- Sep 28, 2023
Elevating the style quotient for young fashionistas, Junior Killer – India’s latest high street kids fashion brand from the house of Kewal Kiran...
Strides Pharma to demerge CDMO, soft gelatine businesses...
- Sep 26, 2023
Strides Pharma Science on Monday said its board had approved a scheme of arrangement among group entities in order to create a separate contract...
LIC gets over Rs 290-crore GST claim from Bihar tax...
- Sep 23, 2023
Life Insurance Corporation of India (LIC) has received a Goods and Services Tax receipt, including interest and penalty, of over Rs 290 crore from...
Torrent Pharma in talks with Apollo Global to raise $1 bn...
- Sep 20, 2023
Torrent Pharmaceutical was in preliminary talks with Apollo Global Management to secure a loan of up to $1 billion to help fund a planned bid for...
SAT questions SEBI’s credibility in completing ZEEL case...
- Sep 15, 2023
The Securities Appellate Tribunal (SAT) on Thursday questioned market regulator Securities and Exchange Board of India’s (SEBI) credibility on...
Bombay Dyeing to sell 22 acres in Mumbai to Sumitomo’s...
- Sep 14, 2023
Bombay Dyeing & Manufacturing Company on Wednesday said that its board of directors approved the proposal to sell the land parcel of about 22...
Ind-Swift Labs to sell API & CRAMS businesses to IndiaRF...
- Sep 07, 2023
Drug firm Ind-Swift Laboratories on Wednesday said that its board had approved to sell active pharmaceutical ingredients (APIs) and contract research...
Jio Financial Services set to be taken off Nifty 50, other...
- Sep 06, 2023
Jio Financial Services is slated to be removed from the Nifty 50 and other key indices of the National Stock Exchange (NSE), effective September...
SpiceJet allots 4.8 crore shares to nine lessors to clear...
- Sep 05, 2023
Low-cost carrier SpiceJet on Monday said that it had allotted over 4.8 crore shares to nine aircraft lessors to clear outstanding dues worth Rs 231...
Uday Kotak quits as MD and CEO of Kotak Mahindra Bank
- Sep 03, 2023
Uday Kotak, who founded and leads Kotak Mahindra Bank, has resigned as managing director and chief executive four months before his term was set to...
SRAM and MRAM partners with GFPS for semiconductor project...
- Sep 03, 2023
In a significant development for the semiconductor industry, SRAM and MRAM has announced its partnership with the Global Forum for Policy and...
BigBloc Construction’s majority promoters’ group...
- Sep 02, 2023
A majority of the promoters’ group and its entities of BigBloc Construction, one of India’s largest manufacturers of aerated autoclaved concrete...
Reliance sets Sept 19 Ganesh Chaturthi muhurat for 5G home...
- Aug 29, 2023
Reliance Jio would launch its 5G home broadband service, JioAirFiber, on September 19, RIL Chairman Mukesh Ambani said on Monday as he also outlined...
Murugappa family members agree to settle disputes, withdraw...
- Aug 21, 2023
The Murugappa family has agreed to settle the disputes between the family branch of the late M V Murugappan (including Valli Arunachalam and Vellachi...
Foxconn’s Hyderabad facility to make Apple AirPods by...
- Aug 16, 2023
iPhone maker Apple will start manufacturing its wireless ear buds, AirPods, at Foxconn’s Hyderabad factory, according to sources. Foxconn has...
Deloitte had urged for independent probe of Hindenburg’s...
- Aug 14, 2023
Before resigning as an auditor of an Adani Group firm, Deloitte had sought an independent external examination of allegations made by a US...
Cressanda Solutions on-boards four new directors to...
- Aug 13, 2023
Cressanda Solutions, a prominent Indian company founded in 1985 and publicly listed on BSE, specialises in delivering cutting-edge information...
Hester Biosciences’ consolidated net profit for Q1 of...
- Aug 11, 2023
Hester Biosciences, one of India’s leading animal health companies manufacturing vaccines and health products, has reported consolidated net profit...
Maruti targets to double production capacity to 40 lakh...
- Aug 06, 2023
Maruti Suzuki India planned to double its production capacity to 40 lakh units in nine years, said Chairman R C Bhargava on Saturday. Mr Bhargava...
Wockhardt to restructure US operations, ties up with Serum...
- Aug 03, 2023
Wockhardt, a global pharmaceutical and biotechnology company, is aiming to turn around its business operations and has perused important strategic...
MRPL becomes the largest PSU refinery at a single location
- Jul 27, 2023
Mangalore Refinery and Petrochemicals (MRPL), a subsidiary of ONGC, has become the largest PSU refinery at a single location in India for 2022-23....
ITC plans hive-off of its hotel business, to own 40% in...
- Jul 25, 2023
ITC said on Monday that it would spin off its hotel business, separating it from its cigarettes and food units, sending shares 4 per cent lower on...
Bain Capital to acquire 90% of Adani Capital and Adani...
- Jul 24, 2023
US-based investment firm Bain Capital said on Sunday that it had entered into an agreement to acquire 90 per cent of Adani Capital and Adani Housing,...
Go First gets DGCA’s nod to restart flights after meeting...
- Jul 22, 2023
The Directorate General of Civil Aviation (DGCA) on Friday approved Go Airlines’ plan to resume operations if it could meet certain conditions. The...
Air India finalises deal with CFM International for 800...
- Jul 21, 2023
Air India has finalised an order for over 800 CFM International LEAP-series engines to power its incoming fleet of 210 Airbus A320neo/A321neos and...
Sheela Foam snaps up Kurlon for Rs 2,035 crore, buys House...
- Jul 18, 2023
Sheela Foam, the maker of mattress brand Sleepwell, on Monday said it would acquire a 94.66 per cent stake in Kurlon Enterprises (KEL) for Rs 2,035...
PFC chairperson Parminder Chopra presented Icon of the Year...
- Jul 18, 2023
Parminder Chopra, the director (finance) and CMD (additional charge) of Power Finance Corporation (PFC), has been awarded the prestigious Icon...
Xiaomi eyes retail stores to boost sales and regain Indian...
- Jul 17, 2023
China’s Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president has said. The...
Delhi HC rejects PepsiCo’s plea against order scrapping...
- Jul 10, 2023
The Delhi High Court recently rejected PepsiCo’s appeal against an order that had revoked a patent for a potato variety grown exclusively for the...
Supreme Court orders SpiceJet to pay Maran in...
- Jul 08, 2023
In a jolt to low-cost airline SpiceJet, the Supreme Court on Friday refused to extend the time for making payment to media baron Kalanidhi Maran and...
Tridhya SME IPO subscribed by over 72 times, issue price...
- Jul 07, 2023
Initial public offer (IPO) of Ahmedabad-based software development company, Tridhya Tech, was subscribed by over 72 times, the company has said in a...
Board of directors of IDFC First Bank agrees for its merger...
- Jul 04, 2023
The board of directors of IDFC First Bank on Monday approved the Scheme of Amalgamation of IDFC with IDFC First Bank.The merger will take place with...
GE-HAL deal paves the way for joint production of jet...
- Jun 23, 2023
In a landmark announcement, GE Aerospace on Thursday said that it had inked a pact with Hindustan Aeronautics (HAL) to jointly produce fighter jet...
Union Cabinet gives nod for Micron Technology’s...
- Jun 21, 2023
The Union Cabinet approved US chipmaker Micron Technology’s $2.7-billion plan for a new semiconductor testing and packaging unit, a senior...
IndiGo seals largest-ever aircraft deal with Airbus for 500...
- Jun 20, 2023
Budget carrier IndiGo on Monday announced placing a firm order for 500 narrow-body planes with Airbus. This is the largest-ever aircraft order...
Govt may kick off NSL’s selloff after commissioning its...
- Jun 19, 2023
The government is likely to invite financial bids for privatising NMDC Steel (NSL) only after commissioning of the blast furnace at the company’s...
Top Xiaomi executives, 3 foreign banks get ED notices for...
- Jun 10, 2023
The Enforcement Directorate (ED) on Friday said it had issued show-cause notices to Chinese mobile manufacturer Xiaomi, its Chief Financial Officer...
Aditya Birla Group to pour Rs 1,250 crore into Aditya Birla...
- Jun 02, 2023
Aditya Birla Group is set to pump in Rs 1,250 crore into its financial services arm Aditya Birla Capital (ABCL). The board of ABCL, which is into...
Net-zero emission in mind, ONGC lines up Rs 1 lakh crore by...
- May 30, 2023
ONGC would invest Rs 1 lakh crore by 2030 on energy transition projects as it targeted net-zero carbon emissions by 2038, its chairman Arun Kumar...
Narayana Murthy’s Catamaran to double investments to $2...
- May 25, 2023
The money manager of billionaire Infosys founder Narayana Murthy will hire professionals and double its $1 billion in investments in the next five...
NCLAT upholds Go Air’s bankruptcy, leaving aircraft...
- May 23, 2023
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld insolvency proceedings against cash-strapped airline, Go First, in what seems to...
Hinduja Group patriarch S P Hinduja passes away at 87 in...
- May 18, 2023
S P Hinduja, 87, the eldest of four Hinduja brothers and Hinduja Group chairman, died in London on Wednesday. He was unwell for some time, said the...
ONGC cancels bids for Daman gas project, citing high quotes
- May 15, 2023
State-owned Oil and Natural Gas Corporation (ONGC) has cancelled bids received for its Daman upside gas development project off the western coast due...
McLeod Russel and IL&FS close to out-of-court settlement of...
- May 11, 2023
Bulk tea producer McLeod Russel India and financial services firm IL&FS Group, engaged in negotiations for an out-of-court settlement, may agree...
Foxconn buys 300 acres near Bengaluru for mobile phone plant
- May 10, 2023
Hon Hai Precision Industry has bought a 300-acre land for approximately Rs 300 crore in the Bengaluru rural district of Karnataka, filings with the...
Lessors seek deregistration of Go First’s 36 planes;...
- May 09, 2023
In less than week of cash-strapped Go First cancelling all its flights, lessors have sought deregistration of a total of 36 planes, with requests...
Paytm set to be free cashflow positive in near future: CEO...
- May 08, 2023
Payments firm Paytm aimed to become “free cashflow positive in the near future”, Chief Executive Vijay Shekhar Sharma said in a letter to...
CBI raids old offices of Naresh Goyal, Jet Airways in Rs...
- May 06, 2023
Jet Airways founder Naresh Goyal and old offices of the airline were raided by the Central Bureau of Investigation (CBI) on Friday in connection with...
Go First cancels flights, blames P&W for woes, files for...
- May 03, 2023
Go First on Tuesday filed for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), Delhi. The airline said...
Vedanta Chairman Anil Agarwal unveils aggressive expansion...
- May 01, 2023
Mining mogul Anil Agarwal is pushing ahead with an aggressive plan to raise oil and gas production, expand output of metals like zinc and aluminium...
Godrej to buy Raymond Consumer’s FMCG business for Rs...
- Apr 28, 2023
Godrej Consumer Products on Thursday said that it had signed an agreement to acquire the FMCG business of Raymond Consumer Care for Rs 2,825...
At Rs 9,650 cr, Hinduja Group company highest bidder for...
- Apr 27, 2023
A Hinduja Group firm on Wednesday emerged the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second...
Ipca to buy 33.38% in Unichem for Rs 1,034 cr to move to...
- Apr 25, 2023
Ipca Laboratories will be buying a 33.38 per cent stake in Unichem Laboratories for Rs 1,034.06 crore, IPCA has said in a stock exchange...
Funds crunch, falling consumption spell doom for India’s...
- Apr 20, 2023
A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon with stretched...
Apple opens India’s first retail store in Mumbai’s...
- Apr 19, 2023
Iconic consumer technology company Apple’s first retail store in the country became operational in Mumbai on Tuesday with Chief Executive Tim Cook...
Pride Hotels launches Bhopal property, its third hotel in...
- Apr 17, 2023
Pride Hotels Group has added another landmark in central India with launch of Pride Hotel Bhopal. Conveniently located in the heart of the city, the...
India Inc’s profits for Q4 of FY23 likely to be modest in...
- Apr 10, 2023
Corporate profits for the March 2023 (Q4 of FY23) quarter are expected to be modest with the year-on-year (y-o-y) growth in high single digits....
Temasek Holdings acquires 41% more stake in Manipal...
- Apr 09, 2023
Singapore government-owned fund Temasek Holdings has acquired leading hospital chain Manipal Hospitals by owning about 59 per cent stake, according...
SpiceJet spins off cargo and logistics business into...
- Apr 04, 2023
SpiceJet on Monday said that it had hived off its cargo and logistics business, SpiceXpress, into a separate entity – SpiceXpress and Logistics –...
NCLAT upholds Rs 1,338-crore fine on Google, scraps CCI’s...
- Mar 30, 2023
An appellate tribunal on Wednesday handed out a mixed verdict on Google’s alleged anti-competitive practices in the Android mobile devise case –...
Blue Star launches around 75 models of air-conditioners
- Mar 29, 2023
Blue Star on Tuesday unveiled its new comprehensive range of air-conditioners (ACs) – including a ‘best-in-class affordable’ range and a...
Paytm gets extension from RBI for a payment aggregator...
- Mar 27, 2023
Indian financial technology company Paytm Payments Services has received an extension from the country’s banking regulator to apply for a payment...
Vedanta seeks RBI’s approval to raise $1-billion bonds...
- Mar 26, 2023
Vedanta has reportedly sought approval from the Reserve Bank of India (RBI) to give guarantees for a $1-billion loan that it plans to raise via one...
ONDC ties up with Bengaluru’s Namma Yatri, forays into...
- Mar 24, 2023
India’s open e-commerce network Open Network for Digital Commerce (ONDC) on Thursday marked its foray into the mobility sector, tying up with a...
IFC’s Rs 600-cr investment in M&M’s subsidiary NewCo to...
- Mar 23, 2023
World Bank arm IFC is investing Rs 600 crore in NewCo, which is a subsidiary of Mahindra & Mahindra (M&M). The investment aims to scale up...
Pride launches India Dekho With Pride to promote offbeat...
- Mar 03, 2023
For every beautiful tourist destination in India, there is an equally attractive alternative that remains unexplored. Keeping this reality of Indian...
Apex court panel to probe alleged market norms violation by...
- Mar 03, 2023
The Supreme Court on Thursday set up a six-member expert committee “to investigate if there was a regulatory failure in dealing with the alleged...
Air India on a hiring spree with plans to on-board 4,200...
- Feb 25, 2023
Tata Group-owned Air India is on the lookout for over 4,200 cabin crew and 900 pilots in 2023 as the airline adds new aircraft and rapidly expands...
Bharat Dynamics gets $255-mn export order after inking 10...
- Feb 21, 2023
Bharat Dynamics (BDL) on Monday said that it received an export order worth $255 million. It also said that the order would be executed, subject to...
Air India set to buy 250 aircraft from Airbus 16 years...
- Feb 10, 2023
Air India had finalised an order for around 250 aircraft with Airbus, and the deal was expected to be announced next week, a source said on Thursday....
Pride Hotels Group signs up two properties in Kanpur and...
- Feb 07, 2023
Pride Hotels Group has signed up two hotels – Pride Hotel Kanpur and Pride Biznotel Digha – which will soon be operational. The new property...
Adani Group crisis poses questions on future funding of...
- Feb 06, 2023
The crisis facing billionaire Gautam Adani has revealed a potential pitfall in India’s ambitious plan to reduce emissions: its reliance on the...
Byju’s sacks about 1,000 employees as cost-cutting...
- Feb 03, 2023
In a fresh round of layoff, unicorn edtech company Byju’s has reportedly fired another 1,000 employees from its engineering, sales and marketing...
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...
