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Reuters

Go First bidder raises offer after nudge from bankers

Infrastructure

19 March, 2024

Go First bidder raises offer after nudge from bankers

One of the two bidders for bankrupt Indian airline Go First has raised its offer following a nudge from lenders, ......

Tata Sons plans to sell 0.7% stake in TCS

TMT

18 March, 2024

Tata Sons plans to sell 0.7% stake in TCS

India's Tata Sons, the holding arm of Tata Group, plans to sell shares in Tata Consultancy Services (TCS) worth up ......

Warehouse developers bet on India as companies look beyond China

Infrastructure

18 March, 2024

Warehouse developers bet on India as companies look beyond China

Land is getting hard to find in a sprawling industrial park in southern India where workers are scrambling to build ......

Mutual fund stress tests show delays in exiting small caps

Markets

15 March, 2024

Mutual fund stress tests show delays in exiting small caps

Top Indian asset managers may need between two to 30 days to exit a quarter of their portfolio of small-cap ......

Govt approves new EV policy in boost to Tesla's market entry plans

Manufacturing

15 March, 2024

Govt approves new EV policy in boost to Tesla's market entry plans

India said on Friday it will lower import taxes on certain electric vehicles for companies committing to at least $500 million ......

Hedge fund manager faces arrest in US over $533 mn taken from Byju's

Consumer

15 March, 2024

Hedge fund manager faces arrest in US over $533 mn taken from Byju's

 A U.S. bankruptcy judge on Thursday ordered the arrest of William Cameron Morton, a hedge fund manager who allegedly helped ......

Paytm Payments Bank to cut about 20% of staff as business halt looms

Finance

14 March, 2024

Paytm Payments Bank to cut about 20% of staff as business halt looms

Indian digital payments firm Paytm plans to cut close to 20% of staff at its banking unit amid uncertainty over ......

Reliance Industries to buy Paramount's stake in Viacom18

TMT

14 March, 2024

Reliance Industries to buy Paramount's stake in Viacom18

India's Reliance Industries has agreed to buy Paramount Global's entire 13.01% stake in local entertainment network Viacom 18 Media for ......

Manipal Hospitals backer Novo Holdings to expand in India, open Mumbai office

Healthcare

13 March, 2024

Manipal Hospitals backer Novo Holdings to expand in India, open Mumbai office

Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, plans to open an office in India this year ......

BAT mulls sale of some stake in ITC

Consumer

12 March, 2024

BAT mulls sale of some stake in ITC

British American Tobacco is evaluating a possible disposal of a "small part" of its shareholding in India's ITC through an ......