Corporate Affairs

NEW DELHI: India is one of the rapidly growing markets globally, and South Korean tech firm Samsung sees huge growth potential in the country, a senior company executive has said. Jong-Hee (JH) Han, Vice Chairman, CEO and Head of the…

NEW DELHI: Promoters of Coastal Energen have reiterated their commitment for a one-time settlement with lenders. In a press statement issued by the company promoted by Ahmed A R Buhari, it said the promoters’ earlier settlement proposal at…

चंडीगढ़:  सीआईआई ने उद्योग के विभिन्न क्षेत्रों के परिप्रेक्ष्य से केंद्रीय बजट 2024-25 का विश्लेषण करने के लिए एक इंटरैक्टिव सत्र का आयोजन किया। सत्र का उद्देश्य बजट और व्यवसायों पर इसके प्रभाव की विस्तृत समझ प्रदान करना था। “तकनीकी और…

NEW DELHI: FMCG-to-hotel conglomerate ITC will be investing Rs 20,000 crore over the next five years to enhance structural competitiveness and build an enterprise for the future. About 35–40% of this will be spent on FMCG business, while…

BENGALURU: Accenture has made an equity investment in global capability centre (GCC) platform ANSR, and will join the company’s board of directors. Though the company did not disclose the investment amount, according to reports,…

NEW DELHI: Aditya Birla Group Chairman, Kumar Mangalam Birla, on Friday announced the launch of the Group's jewellery retail business, marking the Group's foray into the rapidly expanding Rs.6.7 lakh crore Indian jewellery market. The…

MUMBAI: Gurugram-based Mankind Pharma, which is a leading player in the domestic OTC drug segment, has entered into a definitive agreement to acquire 100% stake that global investor Advent International holds in Bharat Serums and Vaccines…

BENGALURU: Tech Mahindra on Thursday reported a 23% increase in its consolidated net profit at Rs 851.5 crore for the June quarter as against Rs 692.5 crore in the year-ago period. The company’s revenue from operations in the quarter stood…

NEW DELHI: Vedanta Limited on Sunday announced that it has raised R8,500 crore through its maiden qualified institutional placement (QIP). A total number of 19.32 crore equity shares were allocated at R440 per equity share through the…

Los Angeles (United States): Californian workers at Disneyland endorsed a strike in a union-wide vote on Friday, paving the way for them to refuse to work at "the happiest place on Earth," according to the theme park's unions. Since…

New Delhi: Reliance Industries Ltd. (RIL), India's most valuable company, reported a 5% drop in its consolidated net profit (attributable to the owners) to Rs 15,138 crore for the first quarter ended June 2024 due to the underperformance of…

New Delhi: One97 Communications, which controls Paytm, reported a Rs 840 crore loss in the quarter ended June 30 due to restrictions on Paytm Payments Bank Ltd. The company reported a loss of Rs 358.4 crore a year earlier in a regulatory…

Nazara disclosed that these claims relate to the calculation of GST based on the sums pooled by players rather than on gross gaming revenues.

The petition filed by the Board of Control for Cricket in India (BCCI) against the edtech firm Byju’s over Rs 158 crore debt.

According to a regulatory filing, the completion of the transaction is expected to be completed within three months, subject to any extension as per the terms of the transaction documents.

Founded in 2019, BluSmart operates in Delhi NCR and Bengaluru and made its international foray with the launch in Dubai in June 2024 as a premium all-electric limousine service.

As part of this initiative, Swiggy employees across levels and functions will have the option to receive liquidity of up to $65 million for their ESOPs.

MSMEs weave local dynamism into economic fabric via their spirit of entrepreneurship, innovation and collaboration.

The company has commissioned 166 new primary substations with 55 per cent of them being automated.