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Why this Swedish PE firm is willing to bet $5 billion in India this year Swedish private equity firm EQT will seek out healthcare and financial services companies apart from its traditional focus on IT services firms in India

Elon Musk's Starlink licence application in process, ownership 'declaration' received: Report The FDI and financial aspects are in sync with the requirements and conditions, sources said, adding that the ownership 'declaration' has also been received from Starlink.

Elon Musk may announce Tesla's entry in India after meet with PM Modi on April 22: Report Elon Musk likely to announce Tesla's entry into Indian markets after meeting PM Modi. The announcement won't be site-specific, requiring board approval. Musk confirmed his visit and lobbying for reduced...

Patanjali ads case: SC asks Ramdev, Balkrishna to issue public apology The matter will be next heard on 23 April. Ramdev and Balkrishna have been ordered to appear in court.

Coal India's capex jumps 6.5% in FY24 to record ₹19,840 cr Capex for coal transportation and handling infrastructure in its mining areas was highest at ₹6,070 crore, which is 30.6% of the year’s total capital expenditure.

Tesla layoff: Elon Musk-led EV firm's move to cut 10% global workforce to hit US, China markets hard The 10 per cent job cuts announced by Elon Musk's Tesla may impact its biggest markets in the US and China the most. While the layoff announcement has immediately come into effect at several US...

Max Healthcare to invest ₹2,500 crore to develop hospitals in Lucknow These investments are part of the company's plans to invest ₹5,000 crore to double its capacity across its network of hospitals by adding 4,200 beds in the next four to five years.

Superdry to let go of 39 UK stores, delist from London Stock Exchange in major rescue plan Superdry Plc plans to quit the London Stock Exchange as the troubled fashion retailer pushes through a radical restructuring to stay afloat.

Aditya Birla Capital stocks decline 2% amid launch of ABCD platform. KM Birla hints on expansion in jewellery business Aditya Birla Capital (ABC), the financial services arm of Aditya Birla Group launched its fintech app called ABCD app, aimed at targeting 30 million users in the next 3 years...

‘Bountiful monsoon signals prospect’: Anand Mahindra on IMD's positive monsoon forecast, expects economic growth Anand Mahindra is optimistic about India's monsoon season based on the IMD's forecast of above-average rainfall. He highlighted India's improved economic resilience. Historically, La...

B2B marketplace ProcMart raises $30 million Series B money The round led was by Fundamentum Partnership, a venture capital firm co-founded by Nandan Nilekani and Sanjeev Aggarwal, and Edelweiss Discovery Fund.

Will India replace China? Apple in talks with Murugappa Group, Titan to potentially source iPhone camera components Apple is in advanced discussions with Titan and Murugappa Group for sourcing crucial components for camera modules used in iPhones, marking a shift from its manufacturing centre in...

BharatPe names Nalin Negi as new CEO Negi, who joined BharatPe in 2022, had been holding fort as interim CEO and CFO since Sameer Suhail stepped down in January 2023.

Q4 Results Today: Crisil, Den Networks, Lotus Chocolate among 5 companies to post Q4 earnings on April 16 Q4 Results Today: Crisil, Den Networks and Integra Essentia are among the five companies that will release their earnings for the January-March 2024 period on Tuesday.

Meet Indian IT industry's best paid CEO He took over as the boss of the Nasdaq-listed Cognizant on 12 January last year after the board sacked his predecessor Brian Humphries

NCLT disposes of bankruptcy case against Reliance Infra's Mumbai Metro One The resolution could pave the way for the Maharashtra government to buy out Reliance Infrastructure’s stake in the capital city’s busiest metro rail line

Elon Musk's Tesla lays off 14,000 global positions amid slowdown in EV demand: 'This will enable us...' Tesla has said that the company plans to lay off ‘more than 10 percent’ of its global workforce amid a slowdown in electric vehicle demand, Electrek—a US news portal dedicated to electric...

Jio Financial Services and BlackRock join hands for wealth management, broking business In an exchange filing, the financial entity said it has signed a 50:50 joint venture focused on wealth management endeavors, which includes launching a wealth management company and subsequently establishing...

Mukesh Ambani-led Reliance Industries to announce Q4 results, consider dividend on April 22 Mukesh Ambani-led Reliance Industries to announce Q4 results, consider dividend on April 22

Tesla's two senior executives quit as carmaker undertakes largest-ever global round of job cuts The shake-up coincides with Musk announcing the decision to cut headcount by potentially more than 14,000 people globally amid the deteriorating outlook for EV sales