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Reuters

Government rejects Vedanta-controlled Hindustan Zinc's plan to split company

Manufacturing

22 March, 2024

Government rejects Vedanta-controlled Hindustan Zinc's plan to split company

The Indian government, Hindustan Zinc's largest minority shareholder, has rejected the miner's proposal to split into different units as it ......

Investors jittery as some Indian startups' fall from grace dwindles faith

TMT

22 March, 2024

Investors jittery as some Indian startups' fall from grace dwindles faith

India's economy and stock markets are booming, but its startups are not. Investors, once eager to pump in billions of dollars ......

Optional same-day settlement for 25 stocks to start this month: SEBI

Markets

21 March, 2024

Optional same-day settlement for 25 stocks to start this month: SEBI

India's markets regulator will start an optional same-day settlement for 25 stocks with a limited number of brokers on March ......

SVB Financial to sell Indian arm to First Citizens

Finance

21 March, 2024

SVB Financial to sell Indian arm to First Citizens

The bankrupt parent company of Silicon Valley Bank plans to sell its entire stake in Indian subsidiary SVB Global Services ......

Aster DM to spend $108 mn in bid to expand after sale of Gulf operations

Healthcare

20 March, 2024

Aster DM to spend $108 mn in bid to expand after sale of Gulf operations

Indian hospital chain Aster DM Healthcare said on Wednesday it plans to spend up to 9 billion rupees (about $108 million) ......

SEBI exempts offshore funds from disclosing investors' names

Economy

20 March, 2024

SEBI exempts offshore funds from disclosing investors' names

India's markets regulator has exempted offshore funds from naming their investors under certain circumstances, it said on Wednesday, partly easing ......

JSW Group-MG Motor venture aims to sell 1 mn EVs by 2030

Manufacturing

20 March, 2024

JSW Group-MG Motor venture aims to sell 1 mn EVs by 2030

The joint venture between India's JSW Group and MG Motor, which is owned by China's SAIC Motor, is targeting 1 ......

Chiratae-backed Minus Zero to develop self-driving trucks with Ashok Leyland

Manufacturing

19 March, 2024

Chiratae-backed Minus Zero to develop self-driving trucks with Ashok Leyland

Indian automaker Ashok Leyland has partnered with Minus Zero to develop self-driving trucks, the autonomous driving technology startup said on ......

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 ......