Business

Tupperware Brands Seeks Chapter 11 Protection Amid Financial Struggles

Tupperware Brands, the well-known manufacturer of food storage solutions, has filed for Chapter 11 bankruptcy protection, facing significant financ…

SpiceJet’s ₹3,000-Crore QIP Garners Oversubscription

SpiceJet’s latest fundraising effort through a Qualified Institutional Placement (QIP) has seen an overwhelming response from investors, highlighti…

SpiceJet Admits ₹3500 Crore TDS and PF Payment Default

SpiceJet has disclosed a substantial shortfall in payments, revealing that it has failed to remit ₹3500 crore in taxes and provident fund contribut…

Torrent Power's Bold Renewable Investment Plan Aims for 10 GW by 2030

Torrent Power has made a significant commitment to expand India's renewable energy capacity, unveiling plans to invest Rs 64,000 crore by 2030.…

Zoho Analytics Reinvents BI with OpenAI and AI-Driven Capabilities

Zoho Corporation has released an enhanced version of Zoho Analytics, integrating new self-service business intelligence (BI) tools and extensive AI…

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…

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 …
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