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Updated: 2 hours 48 min ago
Capital Group's arm sells 5% stake in IT firm Mastek for Rs 475 crore
ICICI Prudential Mutual Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP acquired a total of 12.34 lakh shares of Mastek in the price range varying from Rs 2,751-2,767.51 apiece
SC asks Sahara Group to furnish list of top officials, properties for sale
A bench of Justices Sanjiv Khanna, M M Sundresh and Bela M Trivedi said the court has to find some practical solution for refunding the investors' money as the issue is pending for over a decade
State-owned Canara Bank mobilises $300 mn through IFSC banking unit
The net proceeds from the issue of the notes will be applied by the Issuer's IFSC Banking Unit at Gandhinagar towards the general corporate purposes
US antitrust trial targets Alphabet, to challenge Google's ad business
Those advertising tools contributed to the more than 75 per cent of Google's $307.4 billion in revenue last year that came from advertising.
Apple's key manpower supplier Layam Group plans IPO next fiscal year
The Chennai-based company is targeting over a 40 percent rise in its revenue in the next two years
Display glass biz likely to grow 10 times with AvanStrate Inc, says Vedanta
Vedanta Ltd, in May this year, announced the acquisition of an additional 46.57 per cent stake in AvanStrate Inc, taking its total holding in the Japanese display glass manufacturer to about 98%
ICRA upgrades Vedanta's long-term rating to AA on strong credit profile
Credit rating agency ICRA on Wednesday said that it has upgraded Vedanta Ltd's long-term credit rating, reflecting the company's strengthened credit profile.
Sebi rebuts allegations of employee mistreatment, improper work culture
In a press release, the regulator stated that its junior employees were misinformed about automatic promotions and being underpaid despite having a cost-to-company of Rs 34 lakh per annum
Star Health to collaborate with foreign insurers for inward reinsurance
The agency force accounts for nearly 80 per cent of the health insurer's overall business
NCLT asks US lenders of edtech company Byju's to file fresh appeal
This means that the US term loan lenders will not be party to the discussion of the CoC
Govt awards RIL full quota of Advanced Chemistry Cell under PLI-II
RIL is currently constructing an advanced chemistry-based battery manufacturing facility with a 30 GWh annual capacity in Jamnagar
Centre for sight expands in Maharashtra, partners with Laxmi Eye Hospital
With its ongoing investments and strategic partnerships, Centre For Sight is set to enhance its service offerings and reach more patients across India
Dr Reddy's, Lupin recall products in US due to manufacturing issues: USFDA
Results for unknown impurity were 0.13 per cent and 0.11 per cent, respectively, exceeding the 0.10 per cent specification limit, USFDA noted
AI tool xFakeSci achieves 94% accuracy in identifying fake research papers
In a set of 300 fake and real scientific papers, the AI-based tool, named 'xFakeSci', detected up to 94 per cent of the fake ones
Adani Enterprises' first Indian retail bond fully subscribed at launch
Such retail bond sales are rare and Adani is the first non-financial company to issue them since 2016.
Suzlon Energy sells corporate HQ in Rs 440 crore sale-leaseback deal
Company says move to help focus on core operations
Over 1,000 new jobs for skilled aviation engineers in India: Air India CEO
Earlier this year, Air India signed a Memorandum of Understanding with the Karnataka government to establish the MRO facility in Bengaluru
Air proximity incidents have reduced by 25% in 2 years, says DGCA
The DGCA said that the number of plane landings through "unstabilised approaches" per thousand such approaches has decreased by 23 per cent and met the target
India's hospitality sector attracts $93 million investment in H1 of 2024
Listed hotel companies lead hotel transactions in H1 2024
Reliance Industries wins bid for govt incentives to make EV batteries
The oil-to-telecom conglomerate beat six other competitors, which included units of battery maker Amara Raja Energy and Mobility and power producer JSW Energy