Banking

Blackstone-backed Nexus Select Likely To Launch Retail REIT IPO In May

Global investment firm Blackstone-sponsored Nexus Select Trust is likely to launch India's first retail REIT public offe... Read more

AI To Have Huge Impact On Future Of Businesses, But Challenges Exist

While generative AI has created a huge buzz at the consumer end, enterprises are still cautious about its use Read more

InCred Alternative Launches Its First Long-short Fund Of Rs 1,000cr

InCred Alternative Investments on Friday launched its first equity long-short open-ended fund with a targeted asset unde... Read more

Tata Motors Joins Rivals, Will Hike PV Prices From May 1 By 0.6%

Company earlier raised prices of its commercial vehicles by 5% as auto industry transitions to new emission norms Read more

FirstCry In Talks With Sovereign Funds To Sell Stake At $3 Bn Valuation

SoftBank, led by Masayoshi Son, is likely to sell a portion of its 29 per cent stake in the company if the deal goes thr... Read more

New Pricing Norms Cut Earnings Downside For Gas Producers: S&P Ratings

India's new gas pricing regime will offer greater downside protection for earnings of gas companies such as Oil and Natu... Read more

PTC India Appoints 3 Former IAS Officers As Independent Directors

Power trading solutions provider PTC India has appointed three retired officers of the Indian Administrative Service (IA... Read more

Zee Music Company Renews Its Licensing Agreement With YouTube, Meta

Zee Music Company, a division of media firm Zee Entertainment Enterprises Ltd (ZEEL), on Friday announced the renewal of... Read more

James Murdoch's Bodhi Tree Cuts Planned Investment In Reliance JV Viacom18

A source familiar with the matter said the investment amount was reduced due to a broader funding squeeze amid a slowdow... Read more

Bharat Petroleum Gets MP State Government Approval For Refinery Expansion

Bharat Petroleum will invest 430 billion rupees ($5.27 billion) to 500 billion rupees for the two projects, adding that ... Read more

IPO-bound OYO To Expand Its US Presence With Over 100 New Hotels This Year

New hotels planned in Oregon, Washington, Texas, Oklahoma, Georgia and Florida Read more

NTPC To Build More Coal Plants This Year To Meet Soaring Power Demand

The projects underscore how even as India sets ambitious long-term decarbonization targets, in the near term it will con... Read more

Amazon.com Inc Joins Generative AI Race, Targets Cloud Customers

Amazon announced no plans to release a chatbot like the ones Microsoft and Google have debuted to mixed reviews Read more

Coffee Day Global, MACEL Audit Lapses: NFRA Slaps Rs 1.25 Cr Fine

The National Financial Reporting Authority (NFRA) has imposed a ban as well as penalties totalling Rs 1.25 crore on five... Read more

DMRC Is Lowest Bidder For Operation, Maintenance Of Mumbai Metro Line-3

DMRC outbid French transport operator Keolis, likely to get 10-year contract Read more