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Updated: 2 hours 56 min ago
Nestle SA makes first India investment, acquires minority stake in Drools
The global FMCG giant has acquired a minority stake in pet food brand Drools, which recently achieved unicorn status and will remain operationally independent
Sebi limits expiry of derivatives contracts to Tuesdays and Thursdays
The move aims to reduce market volatility and concentration risk on expiry days by allowing exchanges to offer index derivatives only on Tuesdays or Thursdays
India a bright spot for growth amid global volatility: N Chandrasekaran
Tata Consumer Products chairman highlights India's stable macro outlook, structural reforms, and emerging trends like GenAI and quick commerce in FY25 report
Rakesh Gangwal likely to sell 3.4% stake in IndiGo for ₹6,800 crore
IndiGo co-founder Rakesh Gangwal to sell 3.4% stake via block deals as part of his long-term exit plan; total promoter stake now down to 13.53%
IndiGo co-founder to sell part of stake in deal worth $800 mn: Report
The airline did not immediately respond to a request for comment. IndiGo was founded in 2006 by Gangwal and Rahul Bhatia
Sebi imposes ₹25 lakh fine on MCX for disclosure lapses, misleading info
MCX fined ₹25 lakh by Sebi for failing to disclose timely payments to 63 Moons and delays in migrating to a TCS-developed trading platform
Byju's app delisted from Google Play Store over unpaid dues to vendor
While some of the other apps of Think and Learn, which operate under the Byju's brand, continue to be functional on Google Playstore
TCS splits AI.Cloud unit for higher growth, Krishna Mohan to lead cloud biz
TCS established its AI.Cloud unit in August 2023 to unlock greater business value by harnessing the power of cloud and generative AI (GenAI)
Celebi contract: Bombay HC stops MIAL from final call on bids till June
The HC said no final decision shall be taken on tenders to replace Celebi until its pleas against revoked security clearance and contract termination are heard in June
EU warns fashion brand Shein over consumer law breach, threatens penalty
Shein faces EU warning over consumer law violations and potential fines, while its return to India sees poor response as app downloads drop sharply. Regulators highlight concerns over unsafe products
StayVista forays into branded residences, targets Rs 250 crore in FY26
The villa rental platform, with a leisure-city portfolio target of 80:20, enters metro markets and aims to expand in Delhi-NCR, Pune, Mumbai and Bengaluru
AM Green, Rotterdam Port partner for $1 bn India-Europe green fuel corridor
The partnership would enable annual trade of 1 million tonnes of green fuels worth up to $1 billion, linking India's emerging green hydrogen clusters with Europe's largest energy port of Rotterdam
Reliance Infra Q4: Net profit rises to ₹4,387.08 cr, income down 12%
The company posts a profit in Q4 FY25 after a year-ago loss, aided by strong EBITDA and lower debt; Delhi Discoms and Mumbai Metro show operational improvement
Insolation Energy PAT jumps 61% to ₹65 crore in October-March FY25
The company had posted a Rs 40.4 crore net profit in the six-month period of preceding 2023-24 financial year, the company said in an exchange filing
Monsoon hits Mumbai with fury; city sees its earliest onset in 75 years
Southwest monsoon arrives in Mumbai 16 days early, marking the city's earliest onset in 75 years; heavy rains trigger flooding and disrupt flights, trains, and road traffic across the city
RBI's ₹2.69 trillion dividend to govt: Where does its money come from?
RBI's record dividend this year is driven by dollar sales, rupee asset earnings, and tweaks to the Jalan panel formula, giving the govt more fiscal room
Radisson Hotels Group expands presence in East India with 3 new signings
Hotel Deoghar in Jharkhand, Radisson RED Puri in Odisha, and Radisson Resort and Spa, Ranchi in Jharkhand are the new signings, with a combined key count of 400, the group said in a release
Supreme Court orders status quo on Bhushan Steel liquidation amid JSW plea
JSW has until June 2 to file a review of the Supreme Court's May 2 judgment, which had rejected its ₹19,700 crore resolution plan and ordered the liquidation of the debt-laden company
iQOO Neo 10 with Qualcomm Snapdragon 8s Gen 4 and 7,000mAh battery launched
Starting at Rs 31,999, the iQOO Neo 10 is a performance-focused smartphone equipped with a suite of gaming-related enhancements. It will be available for purchase from June 3
Heavy rainfall brings Mumbai to a standstill; train & flight operations hit
Mumbai rain updates: The heavy downpour has led to waterlogging on several railway tracks, causing delays in suburban train services