LiveTorrent Power Takes Over Distribution in Dadra & Nagar Haveli
On Friday, Torrent Power had announced a formal takeover of the power distribution operations in the Union Territories (UTs) of Dadra & Nagar Haveli, Daman...
Category : BUSINESS
Maruti Suzuki’s Exports Hit Record High in FY22
Maruti Suzuki India reached a record high for the year ending March 31, the company said in a statement. The local arm of the Japanese...
Hero Moto Skids 6% as Rs 800 Crore Siphoned off Funds
Shares of Hero MotoCorp skidded 6 per cent to Rs 2,151.60 on the BSE in Friday’s intra-day trade on reports that the income tax (I-T)...
Zydus Publishes Phase-3 Clinical Trial Data of ZyCoV-D
Zydus Lifesciences announced that the safety and efficacy analysis data from the phase-III clinical trial of its Covid-19 vaccine ZyCoV-D has been examined and published...
Adani Group Wins With 88% Surge in Market Capitalisation
The Tatas, the Mukesh Ambani-led conglomerate, and Adani Group are the big three business groups in terms of market capitalisation, accounting together for 34.2 per...
Future Retail Group Entities Default on Payments
On 31 March, the default in payment was due in some of the entities of the Kishore Biyani-controlled Future Retail group. In a related development,...
Centre Plans Borrow 59% of FY23
The central government plans to borrow Rs 8.45 trillion from the bond markets in the first half (April-September) of FY2022-23 to fund the revenue gap...
KKR Affiliate Sells 10% Stake in Max Healthcare
On Thursday, KKR’s affiliate firm Kayak Investment has sold a 10 per cent stake in Max Healthcare Institute for nearly Rs 3,300 crore. It sold...
Wiz Freight Raises Rs 275 Cr in Series A Round From Axilor Ventures
Wiz Freight, a cross-border supply chain start-up, has raised Rs 275 crore in a mix of equity and debt led by Tiger Global and participation...
ADB and HSBC India Establish $100 Million Guarantee Plan for Microcredit
The Asian Development Bank (ADB) and HSBC India have signed an agreement to establish a $100 million partial guarantee program to support more than 0.4...