Economic Times
China's Xiaomi was examined by Indian govt agencies over alleged foreign exchange violations in 2022, which coincided with a large proportion of its t
Morgan Stanley Asia Singapore and HDFC Flexicap Fund were among investors that bought Nexus Select Trust units valued at over ₹4,354 crore from Blac
JBM Ecolife Mobility had funding discussions with Canada Pension Plan Investment Board and Asian Development Bank regarding $100 million for its elect
Global Health, operator of Medanta hospitals, is set to build a 500-bed super specialty hospital in Mumbai with an investment of ₹1,200 crore. The p
Global satellite firms have differing stances on the Indian telecom regulator's proposal to merge authorisation regimes for satellite services. While
Uniqlo's sales growth in India slowed to 32% last fiscal year, but its net profit increased by 25%. The company reported a net profit of ₹85.1 crore
UltraTech Cement announced a Rs 3,142 crore open offer to gain a 26% stake in India Cements Ltd, scheduled from September 19 to October 3. This follow
"Any regulated product comes with significant benefits for investors like high net worth requirements for the investment manager, compliance and repor
Globalstar, an Apple satcom services partner, announced its intention to enter India's satellite communications market. The Delaware-based company aim
India's largest private lender HDFC Bank experienced an adjustment period that might slow credit growth, said MD Sashidhar Jagdishan. The bank aimed t
Marico's CEO, Saugata Gupta, acquired a luxury apartment worth Rs 36.4 crore in Mumbai's Worli area. The 24th-floor apartment spans 4,372 sq ft and in
BSNL has launched a new OTA and USIM platform, enabling 4G and 5G compatibility and allowing mobile subscribers to choose their numbers and replace SI
Prime Minister Narendra Modi has approved the extension of the Pradhan Mantri JI-VAN Yojana for another five years. The scheme supports bio-ethanol pr
In July, bank business saw slower growth in both credit and deposits compared to last year, according to the Reserve Bank of India. Deposits rose 10.6
Sarita Grace Hunt has been promoted to Managing Director of both Bengaluru and Hyderabad offices at Savills India, effective August 2024. With over 25
The Banking Laws (Amendment) Bill, 2024, introduced in the Lok Sabha by Minister of State for Finance Pankaj Chaudhary, proposes increasing the number
Blackstone sold 33 crore units in Nexus Select Trust for around Rs 4,550 crore via a block deal, reducing its stake to 21%. Nexus Select Trust's portf
Canara Bank has raised its marginal cost of funds-based lending rate by 5 basis points across all tenors, making consumer loans costlier. The one-year
India has attracted consumer goods companies like PepsiCo and Unilever due to its fast-growing economy. These firms introduced new products and packag
India's Foreign Tourist Arrivals (FTAs) in the past year reached 9.24 million, marking a 43.5% increase, with foreign exchange earnings totaling ₹2,
