Companies

COO Interview: William Kok, the Future of Global Infrastructure Analysis

William Kok said For carriers, cloud, and CDN companies, it's important to measure user experiences since there can be network jitter or latencies

Jan 31, 2023

Adani counters Hindenburg's 219-page accusations with scathing 413-page rebuttal [details]

On Sunday, Adani Group responded to unsubstantiated allegations and misleading narratives peddled by Hindenburg Research at length in an over 400-page response backed by relevant documents.

Jan 30, 2023

Hindenburg Research welcomes legal action from Adani; has long list of documents to demand in discovery [details]

Adani Group, however, stated in a statement issued on January 25 that it was "shocked" that the research had been released without the business being consulted.

Jan 26, 2023

Vistara reports net profit; crosses $1bn revenue mark in FY23 [details]

Vistara, a joint venture of Tata Sons and Singapore Airlines, has reported a net profit (excluding unrealised foreign currency loss and non-operating income) for the quarter that ended December 2022

Jan 23, 2023

Realty sector seeks boost to affordable housing, tax and policy relief [details]

To sustain the demand in the housing segment, the realty sector wants tax- and policy-related relaxations in the Union Budget 2023.

Jan 22, 2023

PhonePe raises $350 mn at $12 billion valuation; investment plans mapped [details]

Fintech platform PhonePe on Thursday said it has raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion.

Jan 19, 2023

Goldman Sachs layoffs in India: Shocking stories go viral on social media

Prior to the layoffs, Goldman Sachs had nearly 9,000 employees working out of the company's Bengaluru, Hyderabad and Mumbai offices

Jan 14, 2023

Iconic food outlet chain Subway heading for sale? WSJ report

The Connecticut-headquartered quick-service food chain is known for its signature submarine (sub) sandwiches and wraps

Jan 13, 2023

Relieved by GCMMF as MD, Sodhi says had resigned in morning

RS Sodhi, Amul's MD for 40 years, steps down; Jayan Mehta gets interim charge [details]

RS Sodhi said when he took over in 2010, Amul's turnover was Rs 8,000 crore, and now it has touched Rs 61,000 crore.

Jan 10, 2023

CERC asks Centre to compensate imported coal-based power plants; Tata Power welcomes decision

Power plants dependent on imported coal should be fully compensated for meeting electricity demand under forced circumstances, the Central Electricity Regulatory Commission (CERC) has said in an order.

Jan 4, 2023

Adani group to own 64.71% stake in NDTV after Roys decide to cash out 27.26%

The two original promoters of New Delhi Television Ltd (NDTV) -- Prannoy Roy and Radhika Roy -- have decided to sell their 27.26 per cent holding in the company to Adani group's RRPR Holdings Private Ltd

Dec 24, 2022

Reliance Retail Ventures is all set to acquire METRO Cash & Carry India in Rs 2,850 Cr deal

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, has signed definitive agreements to acquire 100 per cent equity stake in METRO Cash & Carry India Pvt. Ltd. (METRO India) for a total cash estimation of Rs 2,850 crore, subject to closing adjustments

Dec 22, 2022

Jio completes acquisition of Reliance Infratel, after paying Rs 3,720 cr to lenders

Reliance Jio Thursday completed the acquisition of Reliance Communication Ltd.'s (RCOM) tower and fiber assets by paying Rs 3,720 crore to the lenders

Dec 22, 2022

Adani Group to have its nominees on NDTV Board

The Board of New Delhi Television Ltd (NDTV) has approved a proposal to invite the Adani Group's RRPR Holding Private Ltd to nominate two Directors to the former's Board

Dec 10, 2022

FADA cautiously optimistic on near term outlook for auto sales

The hike in vehicle prices by the manufacturers, the fallout of the 35 basis points (bps) increase in the repo rate by the Reserve Bank of India (RBI), may dent the confidence of two-wheeler and entry level car buyers, said the Federation of Automobile Dealers Associations (FADA).

Dec 9, 2022

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