Economic Times
TA Associates, Multiples PE, and KKR have made non-binding offers to invest ₹830 crore for a 25% stake in Eye Foundation, valuing it at ₹3,360 cro
India experienced a 5% decline in gold demand year-on-year for Q2 2024 due to high prices. Jewellery sales dropped 17%, whereas gold bars and coins sa
IDFC First Bank's CEO V Vaidyanathan mentioned that the bank reduced its need for aggressive deposit and branch expansion as it transitioned to retail
Avenue Supermart, India's largest listed retailer by sales and market capitalization, announced that it will focus on discounting and lower pricing to
Bajaj Auto and TVS Motor unveiled CNG-powered bikes and scooters, aiming to reduce ownership costs. City gas suppliers like Indraprastha Gas and Mahan
Thales, a major player in the French aerospace industry, has signed a preliminary agreement with UAV manufacturer Garuda Aerospace to support drone ec
In an email communication from IIHL’s CEO, Moses John, to RCap administrator Nageswara Rao, IIHL emphasized the need to complete multiple action poi
The Competition Commission of India has approved the merger of Mangalore Chemicals & Fertilizers with Paradeep Phosphates Ltd, and Zuari Maroc Phospha
The Reserve Bank of India (RBI) has instructed banks to issue show-cause notices to borrowers identified as wilful defaulters. The banks must provide
YouTube India's culture and trends report revealed that 83% of Gen Zs are creators, indicating a shift towards democratisation of content creation in
The large non-bank PSOs need to abide by the directions by April 1, 2025. These include Clearing Corporation of India Limited (CCIL), National Payment
FMC, a global agricultural sciences company, has received registration in India for Isoflex® active and Ambriva® herbicide for use in wheat. This ne
Jindal Stainless shifted to the breakbulk method for exports amid container shortages and rising costs. Targeting 10-15% of total produce for export,
Hindalco Industries plans to invest $7 billion in capital expenditure over three-five years, focusing on Novelis and Hindalco India. The Bay Minette f
For the last three years since FY21, Mittal was receiving a reduced remuneration of Rs 15 crore as the company was battling challenges on multiple fro
Macrotech Developers, known as Lodha, achieved its best first-quarter pre-sales of Rs 4,030 crore, marking a 20% year-on-year increase. The company's
India's maritime trade is not facing a container shortage, with the government tackling disruptions post-Red Sea crisis, according to Union Minister S
Mindspace Business Parks REIT, backed by K Raheja Corp, is planning to invest over Rs 3,500 crore in developing new office properties across its exist
A recent report by Return Prime revealed that over a third of fashion and footwear products are returned in online shopping, with 17.6% of all ecommer
The US-based private equity major Blackstone-backed REIT has entered into two separate term sheets to acquire two retail assets totalling around 8 lak
