India Now Has Nearly 27K Active Tech Startups, Added 1,300 Last Year
India added over 1,300 active tech startups last year, taking the total tally of active tech startups to 25,000-27,000, ... Read more
No Refinancing, Liquidity Issues, Says Adani To Calm Jittery Investors
Adani has rejected the concerns in detailed rebuttals of the Hindenburg report's allegations and criticism that it had u... Read more
Maruti Suzuki Ties Up With SMAS Auto To Boost Vehicles Subscription
Maruti Suzuki India on Wednesday said it has partnered with SMAS Auto Leasing India Pvt Ltd to enhance its vehicles subs... Read more
Paytm Payments Bank Goes Live With UPI LITE To Boost Small UPI Transactions
Paytm Payments Bank Limited (PPBL) on Wednesday said it has gone live with UPI LITE, a feature enabled by the National P... Read more
Cement Demand Climbs Up, Not Unusual Profitability For Indian Cos: Moody's
The infrastructure led investments in India will drive up the demand for cement and other building materials, said Moody... Read more
Hindustan Aeronautics Ltd To Provide MRO Support For GA-ASI's MQ-9B Engines
State-run aerospace behemoth Hindustan Aeronautics Ltd (HAL) will provide maintenance support services for engines of Am... Read more
Global Sandwich Chain Subway Explores Sale Of Business After 60 Yrs: Report
A sale of the company could value it at more than $10bn, according to the Wall Street Journal, which first reported the ... Read more
HAL Inks Pact With RPM On Cooperation In Chopper Emergency Medical Services
The Hindustan Aeronautics Limited (HAL) and Response Plus Holding PJSC (RPM) will explore new opportunities for cooperat... Read more
Govt To Try Merging BSNL & MTNL Again, Appoints Deloitte As Advisor: Report
Given the complexity involved in the merger, it will take about two years to complete the whole process Read more
Ford Halts Production, Shipments Of Electric Truck Due To Battery Issue
US automaker Ford has stopped the production and shipments of its electric F-150 Lightning pickup owing to a battery iss... Read more
Roomba Vacuum Maker IRobot To Lay Off 7% Of Workforce As Revenue Sinks
Robot vacuum cleaner maker iRobot has announced to cut around 7 per cent of its workforce or about 85 employees. Read more
Adani Group Vows To Reduce Leverage, Flagship Swings Back To Profit
The group has been under pressure since the Hindenburg report that accused it of accounting fraud and stock manipulation Read more
Adani Stocks Rout Rattles Confidence In Local Insurer Assets, Says Bain
A stock rout has wiped $127 billion off the market value of Adani's empire after a scathing report by short seller Hinde... Read more
Paytm Owner One 97 Communications Completes Share Buyback Worth Rs 850 Cr
Digital financial services firm One97 Commuications, which operates under the Paytm brand, on Tuesday said it has comple... Read more
Air India Boeing Purchase Will Support 1 Mn American Jobs, Says Biden
Air India will purchase 220 planes from Boeing for USD 34 billion, with an option to buy 70 more aircraft that could tak... Read more