business news


Tata Electronic Plans To Bolster Presence In Electronics, Semiconductor Biz

Banking - Published date: .

Tata Electronic's expansion plans are being seen as an extension of its ongoing acquisition of Wistron's iPhone manufact... Read more

NTPC Logs 6% Profit Growth In FY23 At Rs 17,197 Cr; Income Rises 34.45%

Banking - Published date: .

Rise in demand due to post-Covid rebound, coupled with economic growth, pushed the demand for power Read more

ZestMoney Sets Up New Leadership Team, A Day After Founders Resign

Banking - Published date: .

ZestMoney's founders have resigned, several weeks after fintech giant PhonePe decided to halt its proposed acquisition o... Read more

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

Banking - Published date: .

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

Promoters Of Adani Group To Take On No More Debt To Fund Expansion, Growth

Banking - Published date: .

However, they will continue to be "net lenders" to group companies when they require funds Read more

Early Stage VC Firm 3one4 Capital Closes Its Fourth Fund At $200 Mn

Banking - Published date: .

Company invests in SaaS, fintech, digital health and climate technology; has over Rs 6,000 cr in AUM Read more

Vice Media Cancels Flagship Show Amid Layoffs And Company Restructure

Banking - Published date: .

The news departments at Vice Media will be significantly impacted by the restructure Read more

Serum Institute Of India Doubles Biocon Investment To $300 Million

Banking - Published date: .

The earlier investment by SILS in BBL was at a valuation of $4.9 billion, and the fresh $150-million investment pushes i... Read more

Zomato, Zypp Join Hands To Deploy 100K E-scooters For Last-mile Delivery

Banking - Published date: .

Zomato says association will enable it to 'significantly reduce carbon emissions' Read more

Lyft Plans Job Cuts, May Hit 30% Of Employees As It Struggles Over Profit

Banking - Published date: .

The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs Read more

WayCool Hives Off Soil-to-sale Vertical Into New FMCG Entity BrandsNext

Banking - Published date: .

Names B P Ravindran as CEO of the new firm, which has been created to put the "power of soil-to-sale food products into ... Read more

98% Senior IT Leaders Struggle With Increasing Cloud Complexity: Report

Banking - Published date: .

Top challenges in optimising multi-cloud environment are lower in the US, UK, India, finds NetApp Read more

Warburg Sells 2.3% Stake In Kalyan Jewellers, Mops Up Rs 257 Crore

Banking - Published date: .

PE major's holding in the Thrissur-based gold retailer falls to 24.06% from 26.36%; Shares of Kalyan Jewellers dip 9.1% ... Read more

Reliance, Tata Power, Among Others Win In Round II Of Solar Module PLI

Banking - Published date: .

In India, no company manufactures polysilicon, which is raw material in solar equipment manufacturing Read more

Coming To A Kirana Near You: Reliance Consumer Expands FMCG Play

Banking - Published date: .

Launches home and personal care range for 'Real India' Read more

HDFC Bank, Flipkart Wholesale Launch Co-branded Card For Latter's Members

Banking - Published date: .

The product will offer users 5% cashback on Flipkart Wholesale online spending. Members can apply for the card directly... Read more

India A Bright Spot For Investments Despite Current Volatility: Blackstone

Banking - Published date: .

Investors alarmed over recent events, but Blackstone's investments are safe, says president and COO Read more

High ULIP Sales, Annuity Products' Repricing Squeezed LIC Margins

Banking - Published date: .

Analysts expect modest RoEV given lower margin profile than private peers Read more

Paytm Stock Slumps Nearly 8% On Alibaba Exit, Ends At Rs 651 A Share On NSE

Banking - Published date: .

Over 22.8 million shares worth Rs 3,000 crore change hands in 15 blocks Read more

Vedanta Resources' Liquidity Depends On $2 Bn Fundraising: S&P Report

Banking - Published date: .

Sustaining after September 2023 would depend on completing one of two key transactions Read more