Banking

CDPQ Buys Add'l 10% In Mumbai-based Apraava Energy At Rs 660 Cr Deal Value

With this, the Canadian pension fund's stake in the firm goes up to 50% Read more

Cosmetics Firm L'Oreal Ties Up With Nasscom To Innovate Business Operations

Joint initiative to explore potential application of AI, ML IoT and AR/VR in cosmetics and dermatology, and product deve... Read more

Furlenco Expects To More Than Double Revenue To Rs 500 Cr By March 2024

The company expects to close the current fiscal with Rs 200 crore revenue, House of Kieraya (HoK) and Furlenco, founder ... Read more

Uber Gets Into Damage Control With The Story Of A Changed Company Post 2017

Uber's comment on an ICIJ report on the manner in which it flouted local rules to build its business is revealing as it ... Read more

NMDC To Be Excluded From Nifty CPSE Index Over Move To Hive Off Steel Arm

NMDC shares drop 5.3%; ONGC, Coal India and Bharat Electronics likely to see inflows of $31-46 million on account of the... Read more

RBI Fines Ola Financial Services Rs 1.67 Cr For Not Following Directions

Ola Financial Services was found to be non-compliant with the directions issued by RBI on KYC requirements Read more

AM/NS India To Invest Rs 273 Crore On Zero Liquid Discharge At Hazira

ArcelorMittal and Nippon Steel joint venture has announced that it was in the process of investing Rs 273 crore for zero... Read more

CoC Members, Bidders Must Be Barred From Buying RCap Bonds Held By LIC: NGO

They are "insiders" and have access to crucial information, says Infrastructure Watchdog; meanwhile, last date if bond s... Read more

SpiceJet's Occupancy Rate Remains High In July Amid Malfunction Incidents

SpiceJet's occupancy rate has remained high in July despite multiple technical malfunction incidents reported in its air... Read more

AI, Data Analytics Firm Ganit Raises Funds; To Double Headcount By 2023

Ganit was founded in 2017 by three veterans of the data science industry Shivaprasad KT, Ashok Harwani and Hariharan R. Read more

NMDC Cuts Prices Of Lump Ore, Fines By Rs 500/tonne Each, Stock Falls 5%

The country's largest iron ore producer NMDC has slashed the prices of lump ore and fines by Rs 500 a tonne each. Read more

Amrapali Homebuyers Asked To Pay Rs 200 Per Sq Ft Extra To Meet Shortfall

A separate fund, namely "Sinking cum Reserve Fund", has been made where all homebuyers of Amrapali Group would deposit t... Read more

9th Incident In 24 Days: SpiceJet Flight Delayed As Nose Wheel Malfunctions

SpiceJet's Dubai-Madurai flight was delayed on Monday after the Boeing B737 Max aircraft's nose wheel malfunctioned, Dir... Read more

Ola Electric Unveils Lithium-ion Cell, To Begin Mass Production By 2023

Ola Electric on Tuesday unveiled an indigenously developed lithium-ion cell -- NMC 2170 -- and the company will begin th... Read more

"Shift Blame To Flawed Indian System": How Uber Reacted To 2014 Rape Case

When an Uber cab driver raped a 25-year-old passenger in Delhi in 2014, the company's first response was to "shift blame... Read more