CORPORATE
JSW Paints to acquire 74.76% stake in Akzo Nobel for Rs...
- Jun 28, 2025
JSW Paints will buy 74.76 per cent in Dutch paint-maker Akzo Nobel’s Indian arm for about Rs 8,986 crore. The acquisition is seen as the...
New India Assurance Company slapped with GST notice of Rs...
- Jun 27, 2025
New India Assurance Company has said that tax authorities have issued a show-cause notice with a demand of Rs 2,298 crore Goods and Services Tax...
JSW Steel files review petition over BPSL case in the...
- Jun 26, 2025
JSW Steel has filed a review petition before the country’s top court, related to rejection of its $2.3-billion takeover plan of Bhushan Power and...
HAL bags SSLV technology transfer project from ISRO,...
- Jun 21, 2025
Hindustan Aeronautics (HAL) has won a bid for transfer of technology (ToT) of small satellite launch vehicle (SSLV), a key ISRO project designed to...
SEBI relaxes norms for AIFs, FPIs to boost investments and...
- Jun 19, 2025
SEBI has permitted co-investment opportunities in unlisted securities under the AIF framework and cleared the proposal to do away with prohibition on...
ITC wraps up Rs 472.50-crore acquisition of Sresta Natural...
- Jun 15, 2025
Multi-conglomerate ITC has completed acquisition of Sresta Natural Bioproducts (SNBPL), which owns the 24 Mantra Organic brand in an...
NTPC gets $750-million foreign currency loan from BoB and...
- Jun 14, 2025
NTPC has announced that it has signed a foreign currency loan agreement worth $750 million with the IFSC banking units of Bank of Baroda (BoB) and...
Key changes in Pride Hotels’ top leadership, Atul...
- Jun 12, 2025
Pride Hotels Group has elevated its senior leadership team to key positions across strategic regions. The move highlights the Mumbai-based...
Government’s nod for Micron Semiconductor’s Rs...
- Jun 10, 2025
The government has approved Micron Semiconductor’s Rs 13,000-crore proposal to set up its special economic zone (SEZ) facility in Sanand in...
Dassault, Tata join hands to make Rafale fighter jet parts...
- Jun 06, 2025
Rafale manufacturer Dassault Aviation has partnered with the Tata Group to manufacture some parts of the fighter jets for India and other global...
RECPDCL hands over WRNES Talegaon Power Transmission SPV to...
- Jun 02, 2025
REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC, a State-run Maharatna corporation under the aegis of Ministry of...
Rakesh Gangwal, family trust offload 5.7% in IndiGo for Rs...
- May 28, 2025
InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in IndiGo for about Rs 11,559 crore through a...
ONGC strikes oil and gas in two OLAP blocks in Mumbai...
- May 26, 2025
State-owned Oil and Natural Gas Corporation (ONGC) has made promising offshore oil and gas discoveries in the Mumbai Offshore basin that could help...
REC successfully raises ₹5,635 crore through private...
- May 23, 2025
REC Limited, a maharatna CPSU and a leading NBFC under the ministry of oower, has successfully raised ₹5,635 crore through private...
Dailyhunt parent company VerSe to slash around 350 jobs in...
- May 18, 2025
VerSe Innovation, the parent company of content platform Dailyhunt and short video app Josh, has announced that it will cut approximately 350 jobs as...
HCL Group, Foxconn JV’s Jewar semiconductor plant gets...
- May 15, 2025
The Union Cabinet has approved a new semiconductor plant, a joint venture between the HCL Group and Taiwan’s Foxconn, costing Rs 3,706 crore,...
Adani deploys India’s first hydrogen truck for mining...
- May 11, 2025
Adani Enterprises, the flagship company of the Adani Group, has deployed India’s first hydrogen-powered truck for mining logistics in Chhattisgarh,...
REC’s total revenue rises by 19% to Rs 55,980 crore in...
- May 09, 2025
The Board of Directors of REC today approved the audited standalone and consolidated financial results for the year ended March 31,...
In expansion drive, CPRL to double McDonald’s outlets to...
- Apr 28, 2025
Connaught Plaza Restaurants (CPRL), the master franchiser for McDonald’s restaurants in India for north and east regions, has plans to invest up to...
Airtel seeks conversion of its spectrum and AGR dues into...
- Apr 25, 2025
Bharti Airtel has formally approached the Department of Telecommunications (DoT), seeking conversion of its deferred government dues into equity....
MTNL defaults on Rs 8,346.24-crore loans from seven...
- Apr 21, 2025
State-run telecom company MTNL has defaulted on bank loans worth Rs 8,346.24 crore from seven public sector banks, the company has said in a...
JSW Steel to fund 10-mtpa green steel plant with over Rs...
- Apr 16, 2025
JSW Steel will be investing over Rs 50,000 crore to create 10 million tonnes per annum (mtpa) of green steel capacity at a plant near the country’s...
Tata Power Renewable Energy, NTPC join hands for 200-mw...
- Apr 15, 2025
Tata Power Renewable Energy (TPREL) has signed a power purchase agreement (PPA) with NTPC to develop a 200-mw clean power project.“With this...
REC signs MoU with MMRDA to fund Rs 1-l cr projects in MMR
- Apr 10, 2025
REC, a Maharatna CPSU under the Ministry of Power and prominent NBFC, has entered into an MoU with the Mumbai Metropolitan Region Development...
Delhivery to acquire Ecom Express for Rs 1,407 crore to...
- Apr 06, 2025
Logistics services provider Delhivery on Saturday announced acquisition of Ecom Express for about Rs 1,400 crore to scale up its business.In a...
Haldiram Snacks Food sells stake to IHC, Alpha Wave Global
- Apr 01, 2025
Haldiram Snacks Food, the country’s leading snack and food brand, has confirmed selling its stake to two new investors – International Holding...
Wire & cable industry new battlefield for Adani Group &...
- Mar 31, 2025
After cement, billionaire Gautam Adani’s group and Kumar Mangalam Birla’s Aditya Birla Group are set for a face-off in the wire and cable...
Airbus looks to source $2 billion of components and...
- Mar 27, 2025
Aircraft-maker Airbus’ annual sourcing of components and services from India will be ramped up significantly to touch $2 billion before 2030, its...
ONGC set to import ethane to make up for change in...
- Mar 24, 2025
Oil and Natural Gas Corporation (ONGC) plans to import ethane starting in mid-2028 to compensate for the altered composition of liquefied natural gas...
Bain Capital to acquire 18% stake in Manappuram Finance for...
- Mar 21, 2025
Manappuram Finance on Thursday said that Bain Capital would invest Rs 4,385 crore to acquire an 18 per cent stake in the gold loan provider. The deal...
Entero Healthcare launches HealthEdge programme for retail...
- Mar 21, 2025
Entero Healthcare Solutions, one of India’s leading and fastest-growing healthcare product distribution platforms, has launched its HealthEdge...
Bajaj Finserv to buy out Allianz’s stakes in general,...
- Mar 18, 2025
In a landmark move that ends a 24-year partnership, Bajaj Finserv has announced that it will acquire Allianz’s entire 26 per cent stake in their...
REC signs Rs 18,360-cr MoU with Kerala govt for...
- Mar 16, 2025
REC, a Maharatna CPSE under the Ministry of Power and leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala,...
Airtel joins hands with SpaceX to bring Starlink to India,...
- Mar 12, 2025
Airtel has signed an agreement with SpaceX to bring Starlink’s satellite internet to India. The deal depends on SpaceX getting approval from...
Haier India lines up Rs 1,000 crore for AC plant, targets...
- Mar 10, 2025
Haier Appliances India looks to become a $2-billion sales company in the next three to four years on the back of high double-digit growth powered by...
Tesla rents space at Bandra Kurla Complex in Mumbai to open...
- Mar 06, 2025
US electric carmaker Tesla has signed a lease deal to open its first showroom in Mumbai, as it moves towards a goal to sell imported cars in India,...
Parent Geenee introduces safe digital boundaries to families
- Mar 05, 2025
Parent Geenee, a technology firm based in the US, recently hosted a high-profile product launch event in Mumbai, marking the global introduction of...
Trident Lifeline, NIPER-A partnership develops Vorinostat...
- Mar 03, 2025
Trident Lifeline, a rapidly-expanding small and medium enterprise (SME), has joined hands with NIPER-Ahmedabad (NIPER-A), an institute of national...
REC inks pact with Madhya Pradesh govt to provide Rs...
- Mar 02, 2025
REC, a Maharatna CPSE and leading NBFC under the Ministry of Power, has signed a memorandum of understanding (MoU) with the Government of Madhya...
Woodpecker Greenagri to invest Rs 570 crore to set up...
- Mar 02, 2025
Woodpecker Greenagri Nutrients, a subsidiary of the Som Group of Companies, will set up a state-of-the-art integrated agri-processing project in the...
KKR set to purchase 54% stake in HCG for Rs 3,465 crore...
- Feb 24, 2025
Private equity giant KKR has signed a definitive agreement to pick up a controlling stake in cancer care hospital chain Healthcare Global Enterprises...
RECPDCL hands over two SPVs of transmission projects to...
- Feb 22, 2025
REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC, the Maharatna CPSU under the aegis of the Ministry of Power, has...
Burmans take control of Religare after a long battle with...
- Feb 21, 2025
The Burman family has acquired control of Delhi-based financial services company Religare Enterprises (REL) and are designated as its promoters after...
US SEC seeks assistance from Indian authorities to probe...
- Feb 20, 2025
The US Securities and Exchange Commission (SEC) has requested assistance from India’s Ministry of Law and Justice in its investigation of Gautam...
New India Cooperative Bank GM Hitesh Mehta arrested for...
- Feb 16, 2025
The Mumbai police on Saturday arrested Hitesh Mehta, the general manager (GM) and head of accounts of New India Cooperative Bank, for allegedly...
Rashmi Saluja is no more director of Religare as she fails...
- Feb 14, 2025
Religare Enterprises on Thursday announced that Rashmi Saluja was no longer the director of the company. In a regulatory filing on Thursday, Religare...
Prestige Estates lines up Rs 30,000-crore housing projects,...
- Feb 10, 2025
Real estate company Prestige Estates Projects is planning to launch Rs 30,000-crore of housing projects this quarter across major cities to tap...
Hazoor Multi Projects bags NHAI’s Rs 67.16-crore contract...
- Feb 09, 2025
Hazoor Multi Projects Ltd (BSE: 532467), a leader in engineering, procurement and construction (EPC) contracting services, has announced that Letter...
ITC set to buy Prasuma in three tranches for greater...
- Feb 07, 2025
Diversified conglomerate ITC has signed definitive agreements to acquire a 100 per cent stake in Prasuma, a leading brand in the frozen, chilled and...
How Messrs Subrahmanyan & Murthy’s hard work call is...
- Jan 27, 2025
S N Subrahmanyan is the latest to jump on the bandwagon of corporate chiefs urging Indians to work hard. With his 90-hour work week, the Larsen &...
UBS expanding GCC in Hyderabad with addition of 1,800 more...
- Jan 26, 2025
UBS, the Swiss banking major, will be expanding its global capability centre (GCC) in Hyderabad with an addition of 1,800 more employees over next...
At 3-gw capacity, Reliance’s data centre in Jamnagar set...
- Jan 25, 2025
Mukesh Ambani’s Reliance Group is set to build what might be the world’s biggest data centre by capacity in Jamnagar, Gujarat. This move comes...
AWS to invest $8.3 billion in Maharashtra to expand cloud...
- Jan 24, 2025
Amazon Web Services (AWS) plans to invest $8.3 billion into cloud infrastructure in the AWS Asia-Pacific (Mumbai) Region in Maharashtra to expand...
Voltas, Blue Star among 24 companies selected for third...
- Jan 21, 2025
Voltas, Blue Star, Hindalco, Uno Minda and LG are among 24 companies that have been selected in the third round of Production-Linked Incentive (PLI)...
NCLAT’s nod to Indiabulls, Embassy Group merger after...
- Jan 13, 2025
In a major relief to Indiabulls Real Estate (IBREL) and the Embassy Group, appellate tribunal NCLAT has sanctioned the scheme of amalgamation to...
Vodafone Idea gives nod to mop up Rs 1,909.95 crore from...
- Jan 10, 2025
Vodafone Idea has approved raising Rs 1,909.95 crore from promoters Omega Telecom Holdings and Usha Martin Telematics via preferential allotment.The...
BHEL starts two units of Punatsangchhu-II hydropower units...
- Jan 09, 2025
Bharat Heavy Electricals (BHEL) has commissioned two units of the 6x170 mw Punatsangchhu-II Hydroelectric Project (PHEP-II) in Bhutan.The project is...
SEBI rejects settlement pleas by ZEEL, Punit Goenka,...
- Jan 03, 2025
The market regulator has rejected settlement applications filed by Zee Entertainment Enterprises (ZEEL) and ZEEL CEO Punit Goenka. The SEBI has said...
Osamu Suzuki – the man who led global mini-car revolution...
- Dec 28, 2024
Osamu Suzuki, who ran Suzuki Motor Corp, known for its mini-cars and motorcycles, across several decades and drove the company’s global expansion,...
BPCL plans Rs 95,000-cr refinery and petrochemical complex...
- Dec 25, 2024
BPCL will set up a refinery and petrochemical complex in the east coast of Andhra Pradesh for an estimated cost of Rs 95,000 crore.“The pre-project...
Dixon Technologies and Vivo join hands for manufacturing...
- Dec 16, 2024
Electronics contract manufacturer Dixon Technologies and Chinese mobile phone company Vivo will set up a joint venture for manufacturing electronic...
Jubilant Bhartia set to acquire 40% stake in Coca-Cola...
- Dec 12, 2024
The Jubilant Bhartia Group has said that it will buy a 40 per cent stake in Coca-Cola’s largest bottler in India, Hindustan Coca-Cola Beverages...
Reliance Power to set up new RE arm – Reliance NU Energies
- Dec 11, 2024
Reliance Power on Tuesday announced setting up its renewable energy business arm Reliance NU Energies. The company appointed Mayank Bansal as chief...
Paytm Singapore to sell its stake in Japan’s PayPay to...
- Dec 08, 2024
Fintech firm and owner of Paytm brand One97 Communications’ Singapore-based arm has approved the sale of its stock acquisition rights in Japan’s...
CEAT buys Camso’s OHT and track business from Michelin...
- Dec 07, 2024
Tyre-maker and RPG Group company CEAT has entered into a definitive agreement with Michelin to acquire its Camso brand’s off-highway tyres (OHT)...
Vodafone to sell 3% stake in Indus Towers, use sale...
- Dec 05, 2024
The Vodafone Group has announced that it is selling its entire remaining stake in Indus Towers. The divestment of 7.92 crore shares, equivalent to 3...
SEBI tells Trafiksol ITS Technologies to refund IPO money...
- Dec 04, 2024
The market regulator has stopped the IPO of Trafiksol ITS Technologies and asked the company to refund the money to investors.In an order issued on...
PM Internship Scheme postponed, review of results of pilot...
- Dec 02, 2024
The highly-anticipated rollout of the PM Internship Scheme, initially scheduled for December 2, has been postponed. While no new date has been set,...
Advent set to sell Manjushree Technopack to PAG, withdraws...
- Nov 23, 2024
US private equity firm Advent International has signed a deal to sell packaging company Manjushree Technopack to PAG for enterprise value of close to...
Adani Infra snaps up 30.07% stake in PSP Projects for Rs...
- Nov 20, 2024
Adani Infra will purchase a 30.07 per cent stake in construction firm PSP Projects for Rs 685 crore, the latter has said.Adani Infra, owned by a unit...
Invested $20 bn in manufacturing, eyeing first or second...
- Nov 17, 2024
The Aditya Birla Group had invested about $20 billion, mainly in manufacturing sector, as it looked to be among the top-two players across the...
Swiggy gains 16.92% at close of its market debut as Sensex,...
- Nov 14, 2024
Swiggy gained 16.92 per cent at close on its market debut on Wednesday. The food tech unicorn bucked the broader market trend, with benchmark indices...
Air India Express spreads wings, aims to reach 55...
- Nov 10, 2024
Air India Express is expanding its network and leveraging synergies within the Air India Group to enhance connectivity between smaller cities and...
LIC will decide on buying stake in health insurer in FY25:...
- Nov 09, 2024
Life Insurance Corporation of India (LIC) MD and CEO Siddhartha Mohanty has said that the State-owned company will take a call on buying a stake in a...
ED raids Amazon, Flipkart sellers’ offices for allegedly...
- Nov 08, 2024
The Enforcement Directorate (ED) has conducted raids on sellers associated with Amazon and Walmart-owned Flipkart, targeting alleged violations of...
Haier eyes JV with JSW Group with an investment of Rs 1,000...
- Nov 05, 2024
The Haier Group, a leading Chinese appliances manufacturer, has plans to set up a joint venture with the JSW Group, envisaging a proposed investment...
Suzuki, Toyota expand partnership; Maruti Suzuki to supply...
- Oct 31, 2024
Japanese automaker Suzuki Motor’s Indian unit will supply its first-ever electric vehicle (EV) to Toyota Motor, the two companies have said in a...
Tata-Airbus’ Vadodara facility to make C295 military...
- Oct 29, 2024
In a major leap forward for India’s defence manufacturing capabilities, the Final Assembly Line (FAL) complex for the C295 aircraft of Tata...
Hindustan Zinc eyes $2-billion investment to double...
- Oct 28, 2024
Vedanta Group company Hindustan Zinc (HZL) plans to pump in up to $2 billion (around Rs 17,000 crore) to double its production capacity to 2 million...
Swiggy learnt to have slashed IPO valuation by 10-16% to...
- Oct 25, 2024
Food delivery company Swiggy is internally aiming for valuation of $12.5-13.5 billion for its upcoming IPO, cutting its target by 10-16 per cent due...
JLR launches innovation hub in Bengaluru to develop...
- Oct 24, 2024
Jaguar Land Rover (JLR) has launched an initiative in India to work closely with startups for developing the next generation of products and services...
Ambuja to acquire Orient Cement in market leadership battle...
- Oct 23, 2024
Ambuja Cements, India’s second-largest cement-maker, said on Tuesday that it would buy a nearly 47 per cent stake in rival Orient Cement for Rs...
JSW, Japan’s JFE Steel to jointly buy tkES India for Rs...
- Oct 19, 2024
JSW Steel on Friday said that it would acquire 100 per cent stake in Thyssenkrupp Electrical Steel India (tkES) jointly with Japan’s JFE Steel Corp...
Byju’s worth zero today, says Raveendran; blames...
- Oct 18, 2024
Byju Raveendran, the founder of Byju’s, has blamed his investors for the edtech icon’s meltdown and throwing him under the bus. Mr Raveendran has...
PFC arm PIFIL gets nod to set up a company in IFSC GIFT...
- Oct 17, 2024
PFC Infra Finance IFSC (PIFIL), a wholly-owned subsidiary of Power Finance Corporation (PFC), has received approval from International Financial...
Samsung workers end over a month-long strike at Chennai...
- Oct 16, 2024
The workers’ strike at Samsung India’s plant near Chennai has been called off, after workers resolved the issues amicably and the management...
Sudarshan Chemical to buy Heubach Group’s pigment...
- Oct 12, 2024
Pune-based Sudarshan Chemical Industries has signed a definitive agreement to acquire the global pigment business operations of Germany’s Heubach...
Component company Hero Motors withdraws Rs 900-crore IPO
- Oct 08, 2024
Hero Motors, the auto component company of the Hero Motors Company Group, has withdrawn its documents for an initial public offer (IPO) worth Rs 900...
SBI downgrades MTNL’s term loan account as an NPA, asks...
- Oct 05, 2024
State Bank of India (SBI) has downgraded MTNL’s term loan account to a non-performing asset (NPA) with effect from September 28, citing non-payment...
BPCL joins hands with Mumbai Port to promote green fuel...
- Oct 04, 2024
State-owned BPCL has inked an initial pact with Mumbai Port Authority and Mumbai Port Sustainability Foundation (MPSF) for setting up a green fuel...
Tata Motors starts work on a new Rs 9,000-crore plant in...
- Sep 29, 2024
The Tata Motors Group on Saturday held the groundbreaking ceremony of its new passenger vehicle manufacturing facility in Panapakkam, located in...
Swiggy files updated papers for Rs 3,750-cr IPO, to mop up...
- Sep 27, 2024
Food tech giant Swiggy has filed its first updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for...
KBC International Ghana signs MoU with Liberia SEZ...
- Sep 25, 2024
KBC Global (previously known as Karda Construction), in the business of construction and real estate development, has informed that KBC International...
OYO checks into US hotel company G6 Hospitality for $525...
- Sep 22, 2024
Travel tech unicorn OYO is set to acquire G6 Hospitality, the parent company of iconic budget hotel brands Motel 6 and Studio 6, from Blackstone Real...
IREDA gets government’s nod to raise Rs 4,500 crore...
- Sep 19, 2024
State-owned Indian Renewable Energy Development Agency (IREDA) has said it has received the government’s approval to raise up to Rs 4,500 crore...
Tata Power to invest $9 bn to quadruple green energy...
- Sep 18, 2024
Tata Power plans to invest up to $9 billion to more than quadruple its renewable energy capacity to over 20 gw over the next five to six years, its...
Bajaj Housing Finance makes a dazzling debut on BSE, lists...
- Sep 17, 2024
Bajaj Housing Finance became the most-valued housing finance company in the country, following its blockbuster market debut on Monday.The Bajaj...
Smartphone-makers collude with Amazon, Flipkart to launch...
- Sep 15, 2024
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to exclusively launch products on the e-commerce...
SEBI acquits NSE, Chitra Ramakrishna, Ravi Narain and...
- Sep 14, 2024
The SEBI on Friday dismissed regulatory violation charges against NSE and its seven former employees, including Chitra Ramkrishna and Ravi Narain, in...
Tata, Lockheed Martin seal deal to expand opportunities in...
- Sep 11, 2024
In a major announcement in the defence sector, Tata Advanced Systems has entered into an agreement with US aviation giant Lockheed Martin to...
Byju’s auditor BDO quits over “inadequate support to...
- Sep 08, 2024
Education technology (edtech) company Byju’s auditor BDO Global has resigned after the startup did not provide documents requested following the...
RIL wins bid to make EV batteries under PLI scheme, plans...
- Sep 05, 2024
Reliance Industries has won a bid under the Production-Linked Incentive (PLI) scheme that supports electric vehicle (EV) battery production, a...
SEBI puts on hold JSW Cement’s Rs 4,000-crore IPO without...
- Sep 03, 2024
Capital markets regulator SEBI has put on hold the proposed Rs 4,000-crore initial public offer (IPO) of JSW Cement.Without specifying reasons, the...
Norms for dividend, bonus and share buyback of CPSEs set to...
- Sep 02, 2024
The government is working to amend its 2016 guidelines with regard to dividend payment, bonus issues and share buyback by Central public sector...
From Jio Brain to Jio Phonecall AI, Mukesh Ambani unveils...
- Aug 30, 2024
Reliance Industries (RIL) Chairman Mukesh Ambani outlined ambitious plans for his widely-diversified business conglomerate, touching upon retail,...
Disney-Reliance $8.5-bn merger to create India’s biggest...
- Aug 29, 2024
Walt Disney Co and Reliance Industries won approval on Wednesday for an $8.5-billion merger of their Indian media assets after assuaging regulatory...
Zee, Sony settle merger dispute, drop all claims, agree to...
- Aug 28, 2024
Zee Entertainment Enterprises and Sony Pictures Networks India on Tuesday said that they had settled their six-month-long dispute related to the...
Aeron Composite lines up Rs Rs 56.10-crore IPO; issue opens...
- Aug 28, 2024
Ahmedabad-based Aeron Composite, a leading company engaged in manufacturing and supply of fibre-glass-reinforced polymer products, is planning to...
Infosys CEO Salil Parekh reveals that IT company is eyeing...
- Aug 26, 2024
After two acquisitions this year, India’s second-largest IT services company Infosys is on the lookout to scoop up more firms. The company adds...
SEBI bars Anil Ambani, 24 others from stock market for...
- Aug 24, 2024
Markets regulator SEBI has barred industrialist Anil Ambani, 24 other entities, including former key executives of Reliance Home Finance, from the...
Paytm to sell entertainment ticketing business to Zomato...
- Aug 22, 2024
Food delivery platform Zomato said on Wednesday that it would acquire the movie and events ticketing businesses of digital payments firm Paytm for a...
Bombay High Court sets aside Rs 2,237-crore GST demand...
- Aug 21, 2024
Larsen & Toubro (L&T) said on Tuesday that the Bombay High Court quashed a Rs 2,237-crore GST demand raised against the company.“The...
Foxconn CEO Young Liu keen on setting up battery storage...
- Aug 19, 2024
Taiwanese electronics manufacturing company Foxconn is working on plans to set up a battery energy storage system (BESS) unit in India, its Chairman...
CCI recalls Apple’s anti-trust probe reports as latter...
- Aug 14, 2024
The Competition Commission of India (CCI) has ordered an unusual recall of reports of an investigation that had found that Apple had breached...
LIC lines up Rs 1.30 lakh crore of investments in stock...
- Aug 12, 2024
Life Insurance Corporation of India (LIC) MD and CEO Siddhartha Mohanty has said that the corporation is looking to make fresh investments of around...
Reliance bets on green energy and telecom to surge to the...
- Aug 08, 2024
Reliance Industries (RIL) is ready for the next level of growth as its green energy projects get ready to deliver and telecom business Jio’s...
Calcutta High Courts restrains Parle Products from selling...
- Aug 06, 2024
SAJ Food Products, which manufactures the Bisk Farm brand of biscuits, announced on Monday that the Calcutta High Court had granted an...
Toyota inks pact with Maharashtra to set up Rs 20,000-crore...
- Aug 01, 2024
Toyota Kirloskar Motor (TKM) has signed an agreement with the Maharashtra government to manufacture electric and hybrid cars, Deputy Chief Minister...
Filatex Fashions’ mining subsidiary wins export order...
- Jul 31, 2024
Filatex Mines and Minerals, the mining subsidiary of Filatex Fashions, has received an export order worth Rs 293 crore for supply of 2,97,388 tonnes...
UltraTech buys out India Cements’ promoters’ stake for...
- Jul 29, 2024
In a significant move, board of directors of UltraTech Cement has approved the purchase of a 32.72 per cent equity stake in India Cements from its...
Star HFL’s PBT and PAT almost double for Q1 of FY25; AUM...
- Jul 27, 2024
Star Housing Finance (Star HFL), a BSE-listed company focused on semi-urban and rural home finance, has reported strong business and financial...
Mankind’s Rs 13,530-cr purchase of Bharat Serums to boost...
- Jul 26, 2024
Drug-maker Mankind Pharma said late on Thursday that it would acquire Bharat Serums and Vaccines in a deal valued at around Rs 13,630 crore,...
OVL inks $60-million deal to raise stakes in Azerbaijan...
- Jul 20, 2024
ONGC Videsh (ONGC) has signed a $60-million deal with Norwegian energy giant Equinor to raise its stake in the offshore Azeri Chirag Gunashil (ACG)...
Byju’s set for insolvency process as NCLT admits BCCI...
- Jul 17, 2024
The Bengaluru bench of the National Company Law Tribunal (NCLT) has admitted a plea from the Board of Control for Cricket in India (BCCI) to initiate...
HUL to sell Pureit business to AO Smith India Water...
- Jul 16, 2024
Hindustan Unilever (HUL) on Monday announced that it would sell its Pureit business in India to AO Smith India – a leading global water technology...
Indian Oil launches high-octane gasoline STORM-X to fuel...
- Jul 15, 2024
Indian Oil has announced inaugural despatch of STORM-X, a high-octane gasoline specifically formulated for racing cars. The first delivery was from...
RRP S4E secures exclusive rights for assembly of...
- Jul 11, 2024
RRP S4E Innovation, an Indian defence company specialising in electro-optic solutions, has partnered with Meprolight Israel for in-country assembly...
Horiba India sets up medical equipment manufacturing...
- Jul 08, 2024
Horiba India, a group company of Japan’s Horiba, has inaugurated its state-of-the-art medical equipment and consumables manufacturing facility in...
JM Financial to consolidate debt and distressed credit...
- Jul 07, 2024
JM Financial (JMFL) has announced plans to consolidate its holdings in the wholesale debt syndication and distressed credit sectors under a single...
ONGC seeks partners for Deen Dayal field amid poor gas...
- Jun 24, 2024
After spending close to $1.2 billion and seven years of little success, State-owned Oil and Natural Gas Corporation (ONGC) is seeking partners to...
Avaada signs green ammonia offtake MoU with Mysore Ammonia
- Jun 22, 2024
The Avaada Group, a leading sand-to-molecule company, has announced the signing of an MoU with Mysore Ammonia, a prominent ammonia distributor and...
Vodafone’s 10% stake sale in Indus Towers may fetch it...
- Jun 19, 2024
The Vodafone Group is all set to sell about 10 per cent stake in Indus Towers for as much as $1.1 billion as a part of its efforts to repay...
PwC India sees a big jump in M&As in small- and mid-size...
- Jun 17, 2024
PwC India anticipates an upswing in the Indian markets, especially in small- to mid-size merger and acquisition (M&A) transactions and growth...
Hyundai Motor India files papers for Rs 25,000-cr IPO,...
- Jun 16, 2024
Hyundai Motor India, the Indian arm of South Korean automaker Hyundai and second-largest car-maker by sales, has filed draft IPO papers with market...
Vodafone mulls selling its entire $2.3-billion stake in...
- Jun 15, 2024
The Vodafone Group is looking to sell its entire $2.3-billion stake in Indus Towers through stock market block deals next week, two sources with...
With Rs 10,422-crore Penna deal, Adani Group eyes topmost...
- Jun 14, 2024
Adani Group company Ambuja Cements Ltd acquiring Penna Cement Industries (PCIL) for Rs 10,422 crore.The Adani Group’s announcement comes amid...
IBBI floats discussion paper to simplify forms, cut...
- Jun 12, 2024
The Insolvency and Bankruptcy Board of India (IBBI) has released a discussion paper on reducing compliance by reviewing forms submitted in the...
Maruti makes up nearly 70% of India’s passenger vehicle...
- Jun 10, 2024
Passenger vehicle exports from India rose by 2.68 lakh units in the last four financial years, with Maruti Suzuki India accounting for nearly 70 per...
Bajaj Housing Finance files papers for Rs 7,000-cr IPO to...
- Jun 09, 2024
Bajaj Housing Finance has filed preliminary papers with capital markets regulator SEBI to raise Rs 7,000 crore through an initial public offer...
SJVN’s 900-mw Arun-3 hydroelectric project in Nepal to go...
- Jun 05, 2024
SJVN expects its under-construction 900-mw Arun-3 hydroelectric project in Nepal to start power generation from next year as nearly three-fourths of...
NCLT begins insolvency proceedings against Jaiprakash...
- Jun 04, 2024
The National Company Law Tribunal (NCLT) on Monday directed to initiate insolvency proceedings against debt-ridden Jaiprakash Associates (JAL),...
BharatPe, PhonePe settle trademark dispute over suffix Pe...
- May 27, 2024
Fintech unicorns BharatPe and PhonePe on Sunday announced that they had amicably settled all long-standing legal disputes pertaining to use of...
EaseMyTrip CEO Nishant Pitti opts out of the bid for...
- May 26, 2024
More than three months after jointly bidding for Go First, travel portal EaseMyTrip’s CEO Nishant Pitti on Saturday said that he was withdrawing...
Google’s $350-mn investment in Flipkart is set to aid...
- May 25, 2024
Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Walmart-owned Indian e-commerce startup.The...
PNB Housing eyes 17% rise in loan book in FY25 with focus...
- May 20, 2024
PNB Housing Finance aims to grow its portfolio by 17 per cent during the current financial year on the back of an increase in branch network and...
OYO withdraws IPO papers, to re-file IPO documents after a...
- May 19, 2024
Softbank-backed OYO is set to re-file its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up...
Zoho mulls foray into chipmaking, seeks incentives for...
- May 17, 2024
Zoho was planning a foray into chipmaking and seeking incentives from the Central government, two sources with direct knowledge of the proposal said...
Shriram selling housing finance subsidiary to Warburg for...
- May 14, 2024
Financial services company Shriram Finance will sell its housing finance arm to private equity major Warburg Pincus for Rs 4,630 crore. This is...
Ola to move business from Microsoft to Krutrim amid...
- May 12, 2024
Ola founder and CEO Bhavish Aggarwal on Saturday said that his company had decided to move its entire workload out of Microsoft Azure to its own...
AI Express’ cabin crew members end stir, airline...
- May 10, 2024
Cabin crew of Air India Express (AI Express) withdrew their strike on Thursday evening after the airline agreed to look into issues raised by them,...
