Finance

Reliance Retail said on Friday that the equity share capital will be reduced to the degree that it was owned by shareholders other than the holding company of its promoters.…

Following his meeting with Vladimir Putin, US President Joe Biden advised Chinese President Xi Jinping to “be careful” since Beijing depends on foreign investment. This occurs while US-China relations are…

Additionally, the firm unveiled TCS Generative AI Enterprise Adoption, a generative AI business product that allows companies to install OpenAI’s generative AI business capabilities via the Azure cloud platform. The…

With $5.5 billion in total capital, Indian startup funding fell by 72% in the first half of 2023 compared to the same time in the previous year. Additionally, fewer investment…

According to Hisashi Takeuchi, the company’s managing director and CEO, Maruti Suzuki India wants to double its revenue from FY22 levels to about Rs 1.68 lakh crore by 2030–31 in…

The cumulative shipments by Indian exporters through Amazon’s e-commerce exports program, Amazon Global Selling, are expected to reach $8 billion in 2023, according to the company’s Shipments Digest 2023, which…

The Annual Economic Review report for May 2023 was issued by the Finance Ministry on Thursday. According to the study, a robust fourth quarter helped India’s GDP reach 7.2% in…

Twenty Indian startups, including the railway ticketing software Trainman, have been chosen by Google for the seventh iteration of its Google for Firms Accelerator program. A three-month, equity-free accelerator program…

Byju Raveendran, the company’s founder and CEO, has sold 29,306 shares for a total value of $3.28 million since 2015. According to research and data portal PrivateCircle, Byju’s CEO Raveendran,…

The CEO of an Automotive Technology firm, Austin Russell, said that he is investing roughly $800 million to acquire the bulk of Forbes Global Media Holdings. The 28-year-old founder of…

Just days after companies in the same sector as Micron, Applied Materials, and Lam Research made similar intentions, the US-based semiconductor giant Microchip Technology recently revealed a $300 million investment…

The number of businesses working in the creative economy sector has increased recently, which has benefited the Indian startup ecosystem. These firms sought to offer solutions for content monetization and…

According to the Hindustan Times, India is prepared to send a letter of request (LoR) to the US government this week to begin the acquisition of 31 US drones under…

“We are now experiencing “a sea change” in programme development, which will eventually increase local worldwide GDP  by $1.5 trillion by 2030,” according to a report on the increasing usage…

According to reports, American Express is in discussions to take over the Apple credit card and other services, while Goldman Sachs is allegedly considering terminating its association with Apple. Apple…

The planned completion date for the merger of HDFC-HDFC Bank is currently July 1. The earliest record date is presently July 13. The formalities between the two parties are getting…

In order to finance between $1.5 billion (8,200–12,330 crore) through an offshore syndicated loan, Reliance Jio Infocomm is in advanced negotiations with a number of bulge-bracket international banks. In order…

An Indian filmmaker has spoken out about his past interaction with Byju’s. He reminded people of the backlash he received for criticizing the ed-tech platform on Twitter. Filmmaker Hansal Mehta…

Tata Sons has contested a tax settlement of 1,500 crore related to the bankrupt Docomo telco. According to The Economic Times, Tata Sons allegedly contested a tax demand of 1,500…

Following the government’s decision to once again accept applications for semiconductor production plants, the Vedanta-Foxconn joint venture has resubmitted its request to establish an electronic chip manufacturing facility.  According to…

To lessen its reliance on Chinese imports, the Indian government is creating a 2.63 billion dollar subsidy programme to boost domestic manufacture of energy grid battery. The programme is a…

Ratan Tata, a senior industrialist and the former chairman of the Tata Group, denied any links with cryptocurrencies on Tuesday in response to news of his cryptocurrency investments. He made…

In a crucial milestone in the Google antitrust case, the internet giant has appealed the National corporation Law Appellate Tribunal’s (NCLAT) decision upholding the ₹1,338 crore antitrust fine against the…

While many firms frequently choose to transact in hard, convertible currencies because of commercial ease, balance of payments, and conditions of foreign reinsurers, New Delhi is working to internationalize its…