LiveMicron to Set up $2.7 Billion Chip Assembly Plant in Gujarat
American semiconductor giant Micron Technology announced it plans to invest in a $2.7 billion assembly and test plant in Gujarat. The announcement came after the...
Category : BUSINESS
Reliance Consumer to Expand its Brand ‘Independence’ in North India
Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods (FMCG) arm of the Mukesh Ambani-led Conglomerate Reliance Industries, on Wednesday, announced its plans to expand...
Go First Seeks Additional Funds Upto Rs 600 Crore For Operations
Cash-strapped airline, Go First has requested additional funds to continue its operations at a lenders’ meeting on Wednesday, a Reuters report said. Go First, formerly...
HDFC Sells 90% Stake in Credila for Rs 9,060 Crore to Baring PE and ChrysCapital
Housing Development Finance Corp Ltd (HDFC) on June 19 announced that it sold 90% of its total stake in its subsidiary HDFC Credila Financial Services...
Alibaba Group Announces Succession Plans Ahead of Cloud Unit Listing
E-commerce giant Alibaba Group on Tuesday announced that the current Chairman and CEO, Daniel Zhang, will step down from his position, and Eddie Yongming Wu...
Apple iPhone Exports from India Cross Rs 10,000 Crore
India’s Apple iPhone exports have reportedly surged to Rs 10,000 crore in May this year. According to the India Cellular and Electronics Association, the total...
ED Seized Rs 30.60 Crore Worth of Investments in Case against Swarup Brothers
On Saturday, the Enforcement Directorate (ED) said it had seized investments worth Rs 30.60 crore in connection with an alleged foreign exchange violation case against...
Tiger Global Struggles to Attract Investors for $6 Billion Fund Amid Tech Valuation Concerns
Tiger Global, the famous New York-based investment firm handling $60 billion in assets, is encountering challenges in its latest endeavour to tempt new investors. After...
Sundaram Mid Cap Fund Turns Rs 1 Lakh into Rs 80 Lakh Since Inception
The Net Asset Value of Sundaram Mid Cap Fund has crossed the 800 mark. As of this writing on June 17, the fund’s regular plan...
Hero MotoCorp Market Share Slips to All-Time Low
Hero MotoCorp is rapidly losing its grip on the Indian two-wheeler market, with its share falling to an all-time low despite multiple product launches backed...