A $14 Billion Feud In Spotlight On Hinduja Patriarchs Death
SP Hinduja's death at age 87 raises questions over who’ll assume his role as de-facto head of the dynasty, whose legal... Read more
GAIL (India) Plans ₹10,000 Cr Capex For FY 2023-24
Gail (India) Ltd Thursday said the company plans a capex of ₹10,000 crore for the financial year 2023-24 which will b... Read more
TikTok Feeds Teens A Diet Of Darkness
Self-harm, sad-posting and disordered-eating videos abound on the popular app Read more
The Pain Of Silicon Valley Banks Collapse Is Being Felt By These Depositors
Customers that banked at SVB’s Cayman Islands branch have had their funds seized by the FDIC Read more
Live From Twitter, Its The Elon Musk Show. Next Up, A New CEO And Tucker Carlson
The latest episode in the melodrama around the billionaire’s bid to reinvent social media Read more
Inside The Great Race At BlackRock: Who Will Replace Larry Fink?
Fink states he has no imminent plans to retire—but he is grooming several executives who could take the reins Read more
Adani Group Firms Aim To Raise $2.56 Billion Via QIPs
The boards of the two companies met on Saturday to take an enabling resolution to raise the $2.56 billion, and in the co... Read more
Online-Only Startups Adopt A Bold New Strategy: Opening Actual Shops
Warby Parker planned to sell glasses online and shake up retailing. Now it’s discovered the value of real stores—900... Read more
Air France-KLM, IndiGo Eye Bigger Mkt With Codeshare
In 2022, Air France-KLM and IndiGo had announced that they had implemented a codeshare agreement allowing each airline t... Read more
Margins To Stay Stressed For Next 3 Quarters: L&T
L&T chief financial officer R. Shankar Raman, in an interview, attributed the decline in profit margin to orders... Read more
Indian Overseas Bank Q4 Profit Rises 18% To ₹650 Crore
The Chennai-based bank had posted a net profit of ₹552 crore in the same quarter a year ago. Read more
Byjus Raises$250 Mn Debt From Davidson Kempner Cap
The fresh capital was raised at the company’s current valuation of $22 billion, two people with knowledge of the deve... Read more
TaMo To Pay 1st Dividend Since 16
The company had incurred a net loss of ₹1,032 crore in the year-earlier quarter. Read more
Go First Lessors Plea To Be Heard Monday
A bench led by Justices Ashok Bhushan and Barun Mitra will take up the petition filed by SMBC Aviation Capital, one of t... Read more
Cipla Q4 Net Profit Jumps 45% On Strong US Show
Adjusted for the same, the company’s net profit stood at ₹708 crore during Q4. Read more