Companies

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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Companies

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

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

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

Iconic food outlet chain Subway heading for sale? WSJ report

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

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

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

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

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

Adani Group to have its nominees on NDTV Board

FADA cautiously optimistic on near term outlook for auto sales

Make in India: Apple fasts forwards plans to shift manufacturing to India amid China unrest [details]

New NDTV board approves Prannoy Roy & Radhika Roy's resignation as RRPR directors

High-profile exits at BharatPe continue; top-level execs quit firm [details]

Tata Consumer to acquire Bisleri for around Rs 7,000 crore: Report

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]