Banking

Vedanta Signs Up With Foxconn To Manufacture Semiconductors In India

The Vedanta Group had in January shared its intent to invest $15 billion for making displays and semiconductor chips in ... Read more

Blackstone Buys Majority Stake In Wealth Management Firm ASK From Advent

Global private equity major Blackstone on Monday announced that it has acquired a majority stake in ASK Investment Manag... Read more

Shiprocket Acquires Majority Stake In Glaucus Supply Chain Solutions

Zomato-backed e-commerce shipping platform Shiprocket on Monday announced its third buyout this year with the acquisitio... Read more

Yatra.com Partners Cleartrip To Offer Wider Hotel Inventory To Customers

Online travel company Yatra Online on Monday announced its partnership with Cleartrip, owned by the Flipkart Group, to o... Read more

Xiaomi Plans To Focus On Rs 20,000-50,000 Range In Premium Market

The Chinese company put its foot on the pedal in the 20K plus market by launching multiple phones under the Xiaomi brand... Read more

B2B Platform Bizongo Concludes Maiden ESOP Buyback Worth $3.7-mn

Business-to-business e-commerce and supply chain enablement platform Bizongo has announced the completion of its first e... Read more

Paytm Gross Merchandise Value Doubles To Rs 83,481 Cr In January

Digital payments and financial service firm Paytm on Monday said gross merchandise value (GMV) processed through its pla... Read more

Former Turkish Airlines Chairman Ilker Ayci To Pilot Air India As MD-CEO

Ilker Ayci was an advisor to Turkey President Recep Tayip Erdogan, (then mayor of Istanbul). He then served in insurance... Read more

LIC IPO Documents: Insurers' Unclaimed Amount Crosses Rs 20,000 Crore

Total was in excess of Rs 20,000 crore as of September, shows offer document data Read more

Mamaearth Acquires Haircare Brand BBLUNT For Rs 135 Cr From Godrej Stable

BBLUNT's strength lies in its extensive experience of styling Bollywood celebrities and transferring the salon experienc... Read more

Deutsche Telekom Seizes $12.7-mn AAI Dues On Swiss Court Order

Three Devas Multimedia investors had secured seizure of AAI and Air India's dues last year. In Jan, Superior Court of Qu... Read more

Ashok Leyland In Talks To Raise $200 Mn-$300 Mn For EV Arm Switch Mobility

The company said it is in talks with investors for both Switch and e-mobility as a service. Last July, US-based drivetra... Read more

Jet Airways To Get Rs 50 Cr As Inter-corporate Deposit For Certain Expenses

As efforts are on to restart services of Jet Airways, Orion IT Parks Pvt Ltd -- whose shareholders are Murari Jalan and ... Read more

Vedanta Joins Hands With Foxconn To Manufacture Semiconductors In India

Vedanta is the first company to make the announcement to invest in semiconductor manufacturing after the government anno... Read more

ONGC Seeks Peak Oil And Natural Gas Output From KG Block In FY24

With KG-D5 going live, oil production is estimated to rise to 24 million tonnes in 2023-24 and gas to rise to 32.16 bcm,... Read more