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Govt orders audit of Ola Electric's service centres after consumer complaints

Consumer

10 October, 2024

Govt orders audit of Ola Electric's service centres after consumer complaints

India's heavy industries ministry has ordered an audit of Ola Electric's service centres, ratcheting up pressure on the e-scooter maker which is ......

PE-backed Star Health probes alleged role of top exec in data leakage

Finance

10 October, 2024

PE-backed Star Health probes alleged role of top exec in data leakage

India's Star Health is investigating accusations that its chief information security officer played a role in a data leak by ......

Regulatory reform could hasten homecoming of IPO-bound startups

TMT

10 October, 2024

Regulatory reform could hasten homecoming of IPO-bound startups

India's scrapping of a time-consuming compliance step will accelerate the pace at which Indian startups domiciled abroad shift back home to ......

Ratan Tata, who put Tata Group on the global map, dies at 86

General

10 October, 2024

Ratan Tata, who put Tata Group on the global map, dies at 86

Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a ......

Hyundai to use $3 billion record India IPO proceeds to develop new cars, R&D

Consumer

09 October, 2024

Hyundai to use $3 billion record India IPO proceeds to develop new cars, R&D

Hyundai Motor said on Wednesday it plans to use proceeds from a record $3 billion IPO of its Indian unit ......

Standard Chartered India CEO Zarin Daruwala to retire on April 1

Finance

09 October, 2024

Standard Chartered India CEO Zarin Daruwala to retire on April 1

Standard Chartered's India and South Asia CEO Zarin Daruwala will retire on April 1, 2025, the lender said on Wednesday. Standard Chartered will ......

ADIA writes off 9.9% stake in struggling British utility Thames Water: Report

Infrastructure

09 October, 2024

ADIA writes off 9.9% stake in struggling British utility Thames Water: Report

Abu Dhabi's sovereign wealth fund, one of the largest shareholders in Thames Water, has written off its nearly 9.9% stake ......

SEBI asks for stricter review of alternative investment fund investors

Finance

09 October, 2024

SEBI asks for stricter review of alternative investment fund investors

India's markets regulator on Tuesday asked fund managers of alternate investment funds (AIFs) to exercise stricter due diligence of investors ......

RBI holds rates as expected, shifts stance to 'neutral'

Economy

09 October, 2024

RBI holds rates as expected, shifts stance to 'neutral'

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday as widely expected, but changed its ......

Govt seeks explanation from Ola Electric after over 10,000 complaints

Infrastructure

08 October, 2024

Govt seeks explanation from Ola Electric after over 10,000 complaints

India's consumer rights agency received unusually high 10,000 complaints against Ola Electric over a year and has sent a notice ......