Banking

Blackstone Sells 20.50% Stake In Sona BLW Precision For Rs 4,917 Crore

Private equity firm Blackstone on Monday sold its 20.50 per cent stake in auto component maker Sona BLW Precision Forgin... Read more

Koo Launches New Feature To Enable Creators To Compose Posts Using ChatGPT

India's microblogging platform Koo on Monday announced that it has launched a new feature to enable creators to compose ... Read more

BharatPe Strongly Denies Out-of-court Settlement Talks With Ashneer Grover

Fintech platform BharatPe on Monday said that there are no settlement talks going on between the company and its former ... Read more

JAL Approaches NCLAT Against NCLT Order On Jaypee Infratech Matter

Jaiprakash Associates has approached the insolvency appellate tribunal NCLAT against the NCLT order relating to the dist... Read more

GAIL Declares Interim Dividend Of 40% For Financial Year Ending 2022-23

India's largest gas firm GAIL on Monday declared an interim dividend of 40 per cent or Rs 4 per equity share for the fin... Read more

NCLAT Set Aside Nike India's Plea To Initiate Insolvency Against Its Dealer

The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed a petition filed by Nike India to initiate insol... Read more

SVB Fallout: US Admin's Statement Positive Outcome, Says Nazara Tech CEO

Nazara Tech, whose two step-down subsidiaries have Rs 64 crore deposits in Silicon Valley Bank, on Monday said the US ad... Read more

Govt Has Not Set Up Any Committee To Probe Adani Group, Says Minister

The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but... Read more

Embassy Office Parks REIT To Invest Rs 300 Crore On Green Initiatives

Embassy Office Parks REIT on Monday said it has committed over Rs 300 crore for ongoing green initiatives across its com... Read more

Ayurveda Firm TAC Raises Rs 100 Cr In Funding For Business Expansion

Company will use money for manufacturing, research, expanding offline presence Read more

Welspun One Logistics Parks Launches Second Fund Of Rs 2,000 Crore

Welspun One Logistics Parks, an integrated fund and development management platform focused on warehousing and industria... Read more

IBC Provisions Cannot Be Turned Into Debt Recovery Proceeding: NCLAT

The National Company Law Appellate Tribunal on Monday said the provisions of the Insolvency & Bankruptcy Code (IBC) ... Read more

RCap Insolvency: SC Agrees To Hear Torrent Plea Against NCLAT Order

Hearing on March 20; second round of auction of RCap auctions allowed by NCLAT stand deferred, say lawyers Read more

Pfizer To Acquire Seagen For $43 Bn To Deepen Reach Into Treating Cancer

Pfizer will spend USD 43 billion to buy Seagen and deepen its reach into treating cancer. The pharmaceutical giant said... Read more

Mahindra & Mahindra Sells Over 6% Stake In Mahindra CIE Automotive

Mahindra & Mahindra on Monday said it has sold over 6 per cent stake in Mahindra CIE Automotive. The company has so... Read more