Finance

Maruti Suzuki will issue equity shares to Suzuki Motor Corporation on a preferential allotment basis prior to the company’s acquisition of Suzuki Motor Gujarat Private Limited (SMG), the company announced…

Reliance Industries Limited discussed its future sustainability goals, the emphasis on Giga plants, and plans to produce green hydrogen in its annual report for FY 23. Reliance Industries Limited, one…

Dinesh Khara, the chairman of State Bank of India (SBI), stated on August 4 that the public sector bank has led the market for home loans and will continue to…

With immediate effect, India has restricted some models of computer, tablet, and laptop imports, citing security concerns and the need to support indigenous production. According to the government, it is…

Private Indian telcos Reliance Jio, Bharti Airtel, and Vodafone Idea are at odds with international businesses operating in the nation, like Amazon, over the definition of international SMS costs and…

According to two people familiar with the situation who spoke to ET, New York-based investment firm Tiger Trail informed its limited partners (LPs) last week that it had completed its…

Singapore Airlines (SIA) has announced another record-breaking quarter, with net profits up 98.4% from the same period last year to SGD 734 million (USD 552 million). It reached a passenger…

With $335 million in revenue, Ola Electric, India’s largest e-scooter manufacturer, experienced an operational loss of $136 million last fiscal year. Ola Electric, a SoftBank-backed company planning for an up…

The Power Grid Board of India Ltd. board of directors has approved raising funds up to ₹5,700 crore through the issue of unsecured bonds on a private placement basis to…

Pankaj Munjal, the CEO of Hero Motors, a maker of auto parts, has selected three investment banks for an IPO that might raise up to 1,500Cr. The principal manager of…

Visa and the Adani Group, a significant Indian conglomerate, have signed new co-brand credit card agreements during the most recent quarter. According to Ryan McInerney, CEO of Visa, this alliance…

According to three persons with knowledge of the negotiations, the Qatar Investment Authority (QIA), Qatar’s sovereign fund, is in talks to acquire a share in Mukesh Ambani’s Reliance Retail Ventures,…

The multi-billionaire businessman Elon Musk wants to turn Twitter into a comprehensive platform for financial services. According to Bloomberg, this bold endeavor is not the first time an internet giant…

Tata Motors, the world’s largest automaker, is anticipated to post good financial results for the three months ended June 2023, driven by rising margins and robust sales at its luxury…

According to Union Minister Jyotiraditya Scindia, Japan intends to spend over 5 trillion yen in India across a number of industries, including steel. After speaking with a group from Japan…

United India Co-operative Bank Limited, with headquarters in Uttar Pradesh, has had its license revoked by the Reserve Bank of India (RBI), claiming a lack of sufficient capital and revenue…

The IMF predicted that the Indian economy would expand by 5.9% in 2023 and 6.3% in 2024, making it the fastest-growing economy in the world. This prediction was made in…

Elon Musk stated on Saturday that Twitter’s cash flow is still negative due to a roughly 50% decline in ad income and a high debt burden, falling short of his…

Following the merger of the HDFC twins, the private lender HDFC Bank distributed more than 311 crore new bank shares to HDFC shareholders. The shares were distributed in accordance with…

Global public debt reached a record $92 trillion in 2022 as governments borrowed to address catastrophes like the COVID-19 pandemic, with developing nations bearing the brunt of the load most…

PM Modi emphasized that India and France’s strategic alliance strives to create a free, open, inclusive, secure, and stable Indo Pacific region and said that the two countries also want…

According to persons with knowledge of the situation, Bloomberg reported that Gautam Adani plans to submit a bid for Vidarbha Industries Power Ltd., which Anil Ambani has been promoting and…

The Indian GST Council’s decision to apply a 28% GST on online gaming, casinos, and horse racing has drawn criticism, with some businesses claiming it will kill Indian gaming firms.…

As the conglomerate attracts interest from a variety of investors, billionaire Gautam Adani has raised USD 1.38 billion (Rs 11,330 crore) from selling stakes in three group firms, bringing the…