Two Adani Group companies under contagion risks, says Fitch; governance weakness at parent co Fitch said that Adani Transmission Ltd and Adani Ports and Special Economic Zone are prone to risks, according to a… By ReutersUpdated: March 29, 2023 13:17 IST
Alibaba’s $32 billion day signals breakups for China tech China’s online commerce leader surprised markets by announcing Tuesday plans to split its $220 billion empire into six units that… By BloombergMarch 29, 2023 12:30 IST
Competition Commission conducting inquiries against Amazon, Meta, Google, other tech cos: Govt In a written reply, the Finance and Corporate Affairs Minister said the Competition Commission of India (CCI) after conducting inquiries… By PTIMarch 29, 2023 09:56 IST
Johnnie Walker maker Diageo names Debra Crew as new CEO The world’s biggest spirits company, which makes Johnnie Walker whisky, Tanqueray gin and Don Julio tequila, said Crew, 52, would… By ReutersMarch 29, 2023 09:38 IST
Adani refutes incomplete loan repayment report; says, fully prepaid $2.15 bln, released all promoter pledges The Adani Group claims it has prepaid its $2.15 billion loans entirely, freeing up substantial share pledges for listed entities. By Shaleen AgrawalUpdated: March 29, 2023 09:04 IST
Reliance, Tata bag solar PLI projects The tranche II, which entails a budget outlay of Rs 14,007 crore, is estimated to generate investments worth Rs 93,401… By FE BureauMarch 29, 2023 06:15 IST
Bisk Farm biscuit maker plans to clock Rs 5000-cr revenue in next 5 yrs Biscuit maker SAJ Food Products, which owns the brands Bisk Farm and Indiaah, on Tuesday said it is gearing up… By FE BureauMarch 29, 2023 05:25 IST
Target is to make India a key regional hub: Boeing’s Gupte Boeing has already established a significant presence in India through local partnerships and investments in research and development, said Gupte. By Rohit VaidMarch 29, 2023 03:30 IST
Jindal Stainless acquires 49% stake in Indonesian firm for $157 million The all-cash deal will be funded entirely through internal accruals. By Rajesh KurupMarch 29, 2023 03:20 IST
AI Express, AirAsia India move to unified reservation system This migration, which largely involved Air India Express migrating to the systems used by AirAsia India, confers significant capability and… By FE BureauMarch 29, 2023 03:15 IST
Vedanta to dole out Rs 7,621 crore in its 5th dividend in FY23 Acting CFO and key managerial personnel Ajay Goel has resigned, effective from April 9, to pursue a career outside of… By Rajesh KurupMarch 29, 2023 03:00 IST
‘Taking care of staff my first priority, no decision yet on my future’ Four months ago, Tata Group announced the consolidation of Air India and Vistara. Involving layers of approvals, the process has… By Swaraj BaggonkarMarch 29, 2023 02:40 IST
Hiring outlook for blue collar workers in Q1 up 10% YoY: TeamLease survey The outlook for mid-level in services (54%) and in manufacturing (32%) is also balanced, the report stated. By Sameer Ranjan BakshiMarch 29, 2023 02:10 IST
Trai asks telcos to report major network outages within 24 hours Earlier this month, Jio services were down temporarily for several users across Delhi-NCR, according to the outage tracking website Downdetector. By Jatin GroverMarch 29, 2023 01:00 IST
Apple’s ‘Made in India’ smartphone shipments rose 65% YoY in 2022 Apple’s EMS (electronics manufacturing services) partners Foxconn Hon Hai, Wistron and Pegatron were among the top 10 EMS players in… By Jatin GroverMarch 29, 2023 01:00 IST
About 80% of early-stage startups look to expand their workforce Bucking the layoffs trend, the survey found that these are the new-age companies that have raised money in Series A… By Tushar GoenkaMarch 29, 2023 00:30 IST
Hike in royalty levy to raise cost for consumer firms by 15-30 bps: Nomura report As a part of the Finance Bill 2023, the government has decided to double the rate of tax on royalties… By FE BureauMarch 29, 2023 00:15 IST
Tata Power confident of avoiding power outages in Mumbai Many people blame the simultaneous failure of multiple lines that caused it, while some also blame it on a cyber… By PTIMarch 28, 2023 22:03 IST
New Jersey explosion: ‘2nd-worst’ fire in nearly 20 years destroys multiple businesses, homes – Watch
‘A martyr for truth and freedom’: Trump honours late activist Charlie Kirk with Presidential Medal of Freedom
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