Banking

InterGlobe Aviation Shareholders Approve Plan To Raise Rs 3,000 Crore

Shareholders of InterGlobe Aviation, parent of the country's largest airline IndiGo, have approved a proposal to raise u... Read more

Jet Airways: Seven-member Panel To Manage Airline Under Resolution Plan

Further, Ashish Chhawchharia has ceased to be the resolution professional of the airline, according to a regulatory fili... Read more

Vedanta Will Not Go To Family, It Will Be Institutionalised: Anil Agarwal

The company, he said, cannot be run on a defensive mode Read more

Future Consumer's Q4 Loss Narrows To Rs 155 Cr, Revenue Slides By 59%

Total expenses were at Rs 500.06 crore, down 52.5 per cent in the last quarter of 2020-21 against Rs 1,051.87 crore in t... Read more

Affle Claims Victory In Indus OS Stake Sale Lawsuit; PhonePe, OSLabs Refute

PhonePe had placed a bid to acquire 92 per cent stake in Indus OS at a valuation of around $60 million. However, the big... Read more

Phase 1 Of Ola E-scooter Factory Nearing Completion, Rollout Soon: CEO

Last year, Ola had announced a Rs 2,400-crore investment for setting up its first electric scooter factory in Tamil Nadu Read more

Hero Cycles Delivers First Batch Of Made In India E-bikes To Europe

India's Hero Motors Company (HMC) Group has said that Hero Cycles has successfully delivered its first batch of Made in ... Read more

Tyre Industry Seeks Raw Material Partners To Unleash Growth

India's tyre sector is seeking effective collaboration with raw material partners to harness its potential, industry bo... Read more

Amazon Acquires Encrypted Messaging App Wickr

Amazon has acquired an encrypted messaging app Wickr founded in 2012. The terms of the deal were not disclosed. Read more

Hybrid Fintech Firm Choice International FY21 Net Profit At Rs 167 Mn

BSE-listed Choice International Limited, a fintech conglomerate, reported a net profit of Rs 167 million on a revenue of... Read more

Indian Hotels' Iconic Taj Named Strongest Hotel Brand In The World

Indian Hotels Company (IHCL), South Asia's largest hospitality company, announced that its iconic brand, Taj, has been r... Read more

Mukesh Ambani And Gautam Adani. Two Billionaires, One Green Ambition

Until now, the two billionaires, both hailing from Prime Minister Narendra Modi's home state of Gujarat, have largely op... Read more

Rise Of Digital Pay: 1.5 Mn Small Businesses Adopt Razorpay In 15 Months

The platform saw a growth of over 200 per cent from March last year to May this year in trans­action volume done by MSM... Read more

Serum Institute Starts Covovax Production; Govt Expects 200 Mn Doses By Dec

India will allow entry of this vaccine once the USFDA approves it Read more

Vedantu Eyes $200 Mn Run Rate, To Hit Profitability By June Next Year

Online live tutoring platform Vedantu on Friday said it expects its revenue run rate to more than double to USD 200 mill... Read more