Ambani-Adani's MEL deal: The agreement is for captive power but driven more by strategic intent.
Zomato said the demand order has been received in respect of excess availment of input tax credit and interest, penalty thereon.
Reliance is coming out of a series of long and intensive capex cycles (hydrocarbons and telecom), Sachs said in a report.
The past one week saw Adani Group detailing expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.
Zee Entertainment Enterprises announced that the Technology & Innovation Centre (TIC) will now focus on improving content creation, distribution, and monetization processes using technology-driven tools to understand consumer preferences better.
The restructured team at TIC will maintain a sharp focus on offering technology solutions to enhance content creation, distribution and monetization process, the firm said in a statement.
The new fund offer of Zerodha Nifty LargeMidcap 250 Index Fund and ELSS Tax Saver LargeMidcap 250 Index Fund was launched last October and they have an AUM of ₹278 crore and ₹66 crore.
While KPMG - part of the Big 4 consulting firms - and another American major Mckinsey & Company, are undergoing a retrenchment exercise in major economies, in India most of the prominent consulting firms are in hiring mode.
A Sebi probe found that the Karvy Investor Services, among other things, did not have adequate office space, and was also non-compliant with the minimum staff strength as laid down by the SEBI (Merchant Bankers) Regulations, 1992
NCLT directed Byju’s to share all relevant information sought by investors linked with the company’s financials, including the rights issue.
The company has diversified businesses among which are APIs, crop protection and animal healthcare
This comes after the promoter infused Rs 5,000 crore earlier by exercising the warrants issuance approved by the board in October 2022.
On Tuesday, APSEZ said it had entered into a definitive agreement to purchase the 56% stake of the Shapoorji Pallonji Group and 39% stake of Orissa Stevedores Ltd. (OSL) in Gopalpur Port Ltd. (GPL).
Europe made its mark with brands like the UK's Shell, valued at $50 billion, and France's Louis Vuitton, with a brand value of $32 billion.
ICICI Bank, which owns nearly three-fourths stake in ICICI Securities, has proposed a share-swap ratio in which investors of the broking unit will receive 67 shares of the parent lender for every 100 shares they own.
Adani Ports and SEZ has a significant presence in India’s ports and terminals that handle the bulk of cargo passing through the country’s ports.
Earlier this month, Adani Power received the Committee of Creditors’ approval for the resolution plan to acquire insolvent Lanco Amarkantak Power.
Olympus Capital, which owns about 19% stake in the hospital chain, is planning the sale at Rs 400-437.20 per share. The offer size is valued at Rs 1,952.8 crore.
A significant aspect of this funding round is the 10% participation from the core team of Ginglani Distillers, the parent company of Woodsmen Mountain Whiskey. This team includes Joseph Jacob (Ex-AB InBev), Sunil Thakur (Ex-Paul John), and Harpreet Bali (Ex-DS Group).
The program, led by ZEE Chairman R. Gopalan, has been constituted to protect the interests of all stakeholders of the company.
Wipro GE Healthcare said the investment would be done over the next five years in order to boost local manufacturing, as it focuses on increasing its footprint in the country.
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