Banking

Adani-owned Ambuja Cements To Expand Production Capacity By 14 Mn Tonnes

The projects are expected to be commissioned in two years and will funded using internal accruals, it added Read more

Noise Reports Over Rs 2,000 Crore Revenue In FY23 With 100% Growth YoY

Homegrown consumer wearable company Noise on Friday said it clocked over Rs 2,000 crore in revenue in FY23 with a record... Read more

Centre Eyeing To Tax OTT Platform Netflix's Income In India: Report

The authorities have reportedly held that the company has a permanent establishment in the country and is thus liable to... Read more

Sundaram Home Finance Confident Of Growth As Demand Remains Positive: MD

Sundaram Home Finance was confident of continuing its growth during the current financial year as the demand in real est... Read more

Tesla Recalls 1.1 Million Electric Cars From China Over Braking Defect

Some 1.1 million electric cars that Tesla made at its Shanghai factory or imported into China between January 2019 and A... Read more

USA's Neuberger Berman Slashes Valuation Of India's Pine Labs, PharmEasy

Fintech firm's valuation cut by 38% and online pharmacy's by 21% as start-up investors battle macroeconomic uncertaintie... Read more

Maruti Suzuki To Invest $5.5 Bn By 2030 To Double Its Capacity In India

It will invest Rs 45,000 crore to start eight assembly lines with an annual production capacity of 250,000 units each ac... Read more

Magicpin Records Multi-fold Growth In Daily Orders On ONDC In 5 Weeks

Hyperlocal startup magicpin on Friday said has recorded 200-fold growth in daily orders to 20,000 per day within the fir... Read more

Pratt & Whitney Faces Higher Risks After Go First Filed For Bankruptcy

NEW YORK/BENGALURU (Reuters) -Pratt & Whitney on Thursday opposed Go Airlines (India) Ltd's push to enforce an arbit... Read more

Wadia Group Company Took $300 Million Loan From Deutsche Bank: Report

The Wadia Group company obtained the loan by putting a charge on the account of the London-based parent of Britannia In... Read more

NCLT Dismisses Central Bank Insolvency Plea Against Simplex Infrastructures

EPC firm's balance sheets do not show negative net worth, says tribunal's Kolkata bench Read more

SoftBank Offloads 2% Stake Worth $120 Million In Paytm To Meet SEBI Rules

This was done in a series of open market transactions since Feb 2023 to comply with Sebi's takeover regulations Read more

Paytm To Forego 3% Commission It Charges As Buyer App On ONDC: Report

The commission will be removed on orders fulfilled by the sellers where there are no complaints by the customers Read more

Son Owes SoftBank $5.2 Bn On Side Deals Post Losses At Vision Fund Unit

His unrealized losses widened by about $130 million from three months before, with most of the deficit linked to the Lat... Read more

Apple To Open First Online Shop In Vietnam In Push To Emerging Market

The opening on May 18 comes just weeks after the Cupertino, California-based company opened its first Apple stores in In... Read more