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  • Adani refutes reports on debt repayment concerns as shares slide March 29, 2023 06:54 AM IST

    Adani refutes reports on debt repayment concerns as shares slide

    Adani units slumped Tuesday after India’s Economic Times said the group is seeking to renegotiate the terms of $4 billion worth of loans, citing people it didn’t identify.

  • Ajay Piramal, TPG weighing exit from Shriram General March 29, 2023 06:50 AM IST

    Ajay Piramal, TPG weighing exit from Shriram General

    Piramal and TPG are jointly working with an adviser on divesting a combined 30% stake in the holding company of Shriram General Insurance Ltd., said the people, who asked not to be identified as the information is private. Shriram General Insurance Holdings could be valued at more than $2 billion in a transaction, the people said.

  • Vedanta acting CFO Ajay Goel resigns with effect from April 9 March 28, 2023 07:00 PM IST

    Vedanta acting CFO Ajay Goel resigns with effect from April 9

    Ajay Goel, who was associated with Vedanta since March 2021, has resigned "to pursue career outside of the group", a regulatory filing stated.

  • Vedanta lines up this year's 5th interim dividend of Rs 20.50 per share March 29, 2023 05:52 AM IST

    Vedanta lines up this year's 5th interim dividend of Rs 20.50 per share

    Vedanta's fifth interim dividend for this year is worth Rs 7,621 crore.

  • In Pics: Stories behind the names of world's most renowned companies March 28, 2023 03:51 PM IST

    In Pics: Stories behind the names of world's most renowned companies

    Discover the stories behind the names of some of the world's most renowned companies.

  • GR Infra lowest bidder for 2 NHAI projects worth Rs 1,613 crore in Karnataka March 28, 2023 02:19 PM IST

    GR Infra lowest bidder for 2 NHAI projects worth Rs 1,613 crore in Karnataka

    The financial bids were opened on March 28, 2023, GR Infraprojects said in a BSE filing.

  • Shiprocket partners with eBay for cross-border shipping solutions March 28, 2023 02:09 PM IST

    Shiprocket partners with eBay for cross-border shipping solutions

    As a part of this partnership, all eBay cross-border trade sellers from India will be able to choose its cross-border shipping solution, Shiprocket X, as their shipping partner for eBay shipments, the company said in a statement.

  • Gogoro, Zomato, Kotak Mahindra Prime join hands to accelerate adoption of EVs by delivery partners March 28, 2023 12:55 PM IST

    Gogoro, Zomato, Kotak Mahindra Prime join hands to accelerate adoption of EVs by delivery partners

    As per the partnership, the companies will offer last-mile delivery partners associated with Zomato affordable loan terms and battery swapping services.

  • Kotak Mahindra Bank arm raises $1.25 billion for 2nd special situations fund March 28, 2023 12:24 PM IST

    Kotak Mahindra Bank arm raises $1.25 billion for 2nd special situations fund

    The money raised will be deployed in equity, debt capital and hybrid instruments across sectors, a statement from Kotak Investment Advisors (KIA), the arm of the private sector lender, under which the fund comes, said.

  • Zydus Lifesciences gets USFDA nod to market generic drug March 28, 2023 11:46 AM IST

    Zydus Lifesciences gets USFDA nod to market generic drug

    The company has received the final approval for Levothyroxine Sodium for Injection in strength of 100 mcg/vial, 200 mcg/vial, and 500 mcg/vial from the US Food and Drug Administration (USFDA), the drug firm said in a statement.

  • Sun Pharma: Ransomware attack to weigh on operational performance March 28, 2023 10:42 AM IST

    Sun Pharma: Ransomware attack to weigh on operational performance

    The situation is evolving and can potentially have a wider reach, possibly involving litigations

  • NSE, BSE put Adani Green Energy under second stage of longterm ASM framework from March 28 March 28, 2023 06:21 AM IST

    NSE, BSE put Adani Green Energy under second stage of longterm ASM framework from March 28

    In two separate circulars, the bourses said Adani Green Energy shall continue in the ASM framework but will be moved to the respective higher stage from March 28.

  • Govt's immediate steps ensured Indian startups were not adversely impacted by SVB crisis: Ashwini Vaishnaw March 27, 2023 02:18 PM IST

    Govt's immediate steps ensured Indian startups were not adversely impacted by SVB crisis: Ashwini Vaishnaw

    Ashwini Vaishnaw, Minister for IT and Communications, also noted the rapid strides taken by India in areas of Artificial Intelligence (AI) and quantum computing.

  • OYO expects more than Rs 5,700 revenue in FY23 March 27, 2023 02:09 PM IST

    OYO expects more than Rs 5,700 revenue in FY23

    At a town hall on Monday, Agarwal told employees of the firm that OYO is aspiring to reach adjusted EBITDA of nearly Rs 800 crore in the next financial year.

  • IDFC First Bank partners Crunchfish to demonstrate offline retail payments March 27, 2023 01:23 PM IST

    IDFC First Bank partners Crunchfish to demonstrate offline retail payments

    IDFC First Bank, is set to be a part of RBI's pilot project to enable offline payments, the private sector lender said, adding that the project will give access to digital payments even when there is no network.

  • TVS Motor introduces seven new products in Ghana March 27, 2023 12:55 PM IST

    TVS Motor introduces seven new products in Ghana

    The company has launched various new models like Apache 180 and Neo NX among others.

  • SUN Mobility to power 50,000 electric two-wheelers of Zomato's fleet over next 2 years March 27, 2023 12:05 PM IST

    SUN Mobility to power 50,000 electric two-wheelers of Zomato's fleet over next 2 years

    Under the partnership, SUN Mobility will provide its battery swap solutions for last-mile deliveries with the initial fleet deployment to start in the National Capital.

  • MC Insider: Consumer tech reality check, an over-sized pill, finfluencer faceoff, axe on recovery agents, and more March 27, 2023 09:40 AM IST

    MC Insider: Consumer tech reality check, an over-sized pill, finfluencer faceoff, axe on recovery agents, and more

    "If it is too good to be true, it better be ignored. Investors who have lived by this rule have saved pots of money avoiding stocks that have promised the moon and not delivered."

  • Etihad starts direct flights between Kolkata and Abu Dhabi March 27, 2023 07:47 AM IST

    Etihad starts direct flights between Kolkata and Abu Dhabi

    The airlines will operate two flights a day, four days a week -- Tuesday, Thursday, Friday and Sunday -- from Kolkata to Abu Dhabi, the Netaji Subhas Chandra Bose International (NSCBI) Airport said in the statement.

  • Zydus Lifesciences gets US health regulator's nod for its generic medicine March 24, 2023 01:36 PM IST

    Zydus Lifesciences gets US health regulator's nod for its generic medicine

    The approval granted by the US Food and Drug Administration (USFDA) is for doxepin hydrochloride capsules of strength 150 mg, the company said in a regulatory filing.

  • Power Grid Corporation board okays raising Rs 600 crore via bonds March 24, 2023 01:32 PM IST

    Power Grid Corporation board okays raising Rs 600 crore via bonds

    The bonds will be listed at BSE and/or NSE. Bonds are redeemable at par in 40 equal instalments and interest payment on quarterly basis, it stated.

  • Zen Technologies bags Rs 127 crore order from armed forces March 24, 2023 12:41 PM IST

    Zen Technologies bags Rs 127 crore order from armed forces

    After setbacks faced in 2012 due to cancellation of large tenders, Zen said in a regulatory filing that it had stopped participating in large tenders and has now made a complete turnaround over the last 10 years.

  • Maruti Suzuki targets sales via Nexa outlets to overtake volumes of Hyundai, Tata Motors by next year March 24, 2023 12:36 PM IST

    Maruti Suzuki targets sales via Nexa outlets to overtake volumes of Hyundai, Tata Motors by next year

    The Nexa retail chain, started in 2015 to sell Maruti Suzuki's premium vehicles, has crossed the cumulative sales milestone of 20 lakh units. It currently sells models such as Baleno, Ignis, Ciaz, XL6 and Grand Vitara. Upcoming SUVs Fronx and Jimny will also be sold through the chain.

  • Maruti Suzuki to hike prices of model range from April March 24, 2023 10:49 AM IST

    Maruti Suzuki to hike prices of model range from April

    The auto major, however, did not share the quantum of the price hike it intends to implement from next month.

  • Weekly Tactical: This luggage stock can take off post a significant correction March 24, 2023 09:53 AM IST

    Weekly Tactical: This luggage stock can take off post a significant correction

    A surge in discretionary travel, wedding spends, and increased mobility post pandemic are structurally positive for luggage demand