Adani Group Ranked 736 in TIME's Top Global Companies of 2024
The Adani Group has earned a notable position in TIME magazine's World's Best Companies of 2024 list, securing the 736th spot. This achieve…
Business
Max Healthcare Takes Major Stake in Jaypee Healthcare
Max Healthcare Institute has announced its acquisition of a 64% stake in Jaypee Healthcare for Rs 1,660 crore, a significant move aimed at expandin…
Infosys and Financial Times collaborate on immersive economic simulator
Infosys, in collaboration with *The Financial Times*, has introduced an innovative educational tool aimed at reshaping economics education through …
Addverb Unveils New Mobile Robot Manufacturing Facility in Greater Noida
Addverb Technologies has inaugurated a state-of-the-art mobile robot manufacturing facility in Greater Noida, marking a significant expansion in it…
SEBI Demands Rs 25 Crore from Karvy Broking, CMD
The Securities and Exchange Board of India (SEBI) has issued a demand notice to Karvy Stock Broking Ltd (KSBL) and its Chief Managing Director, C. …
IndiGo Reports Q1 FY 2024-25 Profit Amid Revenue Growth
IndiGo has reported a profit of ₹2,729 crore for the first quarter of the fiscal year 2024-25, marking a 12% decline compared to the same period la…
Bluelearn Shuts Down, Returns Capital to Investors
Bluelearn, a platform designed to enhance skills and facilitate job placement, has ceased operations and is returning 70% of the capital it raised …
Ramco Systems Drives Innovation with New Products and Investments
Ramco Systems, a prominent player in enterprise software solutions, is marking a significant turnaround with its latest strategic investments and i…
Paytm Faces Mounting Challenges Amid Revenue Drop
Paytm, the Indian fintech giant, recently reported a significant decline in revenue and a sharp increase in losses for the first quarter of the fis…
Supreme Court Confirms NPPA's Rs 4.6 Crore Penalty on Sun Pharma
In a significant legal development, the Supreme Court of India has upheld a Rs 4.6 crore penalty imposed on Sun Pharmaceutical Industries Ltd. by t…
Tata-Owned Air India’s June Market Share Climbs Before Merger
Tata Group's acquisition of Air India is seeing promising early results as the airline's market influence strengthens. In June, Air India, …
Glenmark Pharma Receives USFDA Nod for New Seizure Treatment
Glenmark Pharmaceuticals has achieved a significant milestone with the approval from the US Food and Drug Administration (FDA) for its latest seizu…
Cipla Confronts Rs 773 Crore Tax Demand
Cipla, one of India's leading pharmaceutical giants, is currently grappling with a significant income tax demand amounting to Rs 773 crore. The…
Google Plans Monumental $23B Acquisition of Cybersecurity Firm Wiz
In a groundbreaking move, Google’s parent company Alphabet is in advanced negotiations to acquire cybersecurity startup Wiz for approximately $ bil…
Restaurants in a soup as veggie prices soar
Restaurants across the nation are grappling with a significant rise in vegetable prices, posing challenges to menu planning and profitability. The …
KPMG Advocates Doubling Standard Deduction in Budget 2024
In a significant development ahead of Budget , KPMG has issued a proposal urging the government to double the standard deduction. This move, the fi…
Blue Star Predicts Doubling of Indian AC Market in Four Years
The Indian air conditioning market is poised for significant growth, with Blue Star projecting that the industry will double in value over the next…
Birla Group Deepens Fashion Play
Aditya Birla Fashion and Retail Limited has significantly expanded its presence in the luxury fashion segment by increasing its stake in Goodview Fas…
Reliance Unit Seeks Half-Billion Dollar Loan
A subsidiary of Reliance Industries is reportedly in talks to secure a substantial offshore loan. Sources familiar with the matter disclosed that the…
Glenmark Pharma to Divest Life Sciences Holding
Mumbai, July 11 – Glenmark Pharmaceuticals Ltd. has announced its decision to reduce its stake in its subsidiary, Glenmark Life Sciences Ltd. , throu…