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Brookfield's big sale has many investors interested BluPine, Torrent, Sembcorp, Edelweiss, JSW eye Brookfield’ 1.6 GW portfolio

Alibaba calls off $1 billion IPO for Cainiao amid market slump Alibaba, which is China’s e-commerce pioneer, has decided to postpone the transaction because of poor market conditions, sources told Bloomberg

Bharat Forge's Kalyani family feud worsens, Hiremaths demand partition of family wealth Court plea says joint family owns bonds, real estate, gold and shares in large companies

India emerging as key hub in GE HealthCare's global strategy: CEO Arduini The company’s India unit is planning to invest ₹8,000 crore over a period of five years, starting next financial year

Standard Chartered set to exit CDSL with 7.18% stake sale The bank will offload 7.5 million shares at ₹1,672 each, according to a term sheet reviewed by Mint.

Myntra turns Ebitda positive aided by rising user base, brand tie-ups Myntra plans to diversify its product offerings based on user demographics, increase its market share in non-apparel categories, and pursue further premiumization

Subko Coffee Roasters gets $10 mn funding from Zerodha’s Nikhil Kamath, John Abraham, Gauri Khan family trust Subko Coffee Roasters will use the funds towards enhancing the talent pool, developing tech-enabled customer experiences, bolstering product and design R&D, improving farm-level...

Zee’s new committee to focus on cost cuts, critical verticals Business verticals requiring critical assessment, which include Margo Networks (Sugarbox), Teleplay and Zindagi, Hipi, Weyyak and English cluster of linear TV business, will need to substantially reduce losses and enhance performance...

Bell layoffs: Telecom giant lays off hundreds of employees in 10-minute video calls, unions term it ‘disgusting’ Bell layoffs: Canada-based telecom giant Bell has laid off over 400 workers in brief virtual group meetings, the union representing the employees Unifor said, condemning the move...

Stellantis lays off hundreds during mandatory remote work call, reignites discussion among netizens Stellantis under fire for mandatory remote work layoffs. Automaker called staff for virtual meetings, then fired over 400 in engineering, software, and tech. Critics slam tactic as insensitive...

Ambit Finvest raises ₹415 crore as Daiwa acquires minority stake Ambit Finvest has also raised an additional ₹275 crore in equity from existing shareholders and investors, including Ambit

GAIL set to commission India's first green hydrogen project in April India's GAIL is set to commission the first green hydrogen project at the Vijaipur complex, Madhya Pradesh, in April, say sources. The unit is expected to produce 4.3 metric tons of hydrogen daily with 99.999% purity

Carlyle weighs $1 billion IPO for Indian IT firm Hexaware Technologies Carlyle is reportedly engaging with potential underwriters to prepare for an IPO later this year or in 2025. If Hexaware proceeds with the IPO, it would be the largest public listing in India since the offering of Life...

Avanse raises ₹1,000 crore in funding round led by Mubadala The funds will help the company strengthen its brand, incorporate digital solutions, and expand product offerings

Beige to offload 2.9% stake in Mankind Pharma through block deals Beige Ltd., an affiliate of ChrysCapital, holds a total of 2.99% stake in Mankind Pharma. After the sale, the holding will reduce to 0.09%.

Boeing may look for new CEO outside: A look at who could replace Dave Calhoun next year Boeing's board seeks a new CEO to address the company's crises and rebuild trust and is considering external candidates like Larry Culp and Pat Shanahan. Initially a favourite, Stephanie Pope's promotion to...

Adani Green unveils ambitious 45 GW renewable energy push in India by 2030 The centrepiece of this endeavour is the Khavda renewable energy park in Gujarat, spanning a vast area of 538 square kilometres – more than five times larger than Paris.

Adani Ports to buy majority stake in Shapoorji Pallonji's Gopalpur Port for around ₹1,349 crore Adani Ports will purchase a 56% stake in Gopalpur Port from real-estate conglomerate Shapoorji Pallonji Group and a 39% stake from Orissa Stevedores. The enterprise value of the deal is ₹3,080 crore.

BharatPe sees 77% surge in merchant onboarding business amidst Paytm's payments bank troubles BharatPe saw 77 percent surge in merchant onboarding in February 2024 compared to the previous month, and its website traffic for onboarding inquiries rose by over 47 percent during the same period

Have McKinsey and its consulting rivals got too big? The consulting revenues of the industry’s most important firms—including the triumvirate of strategy advisers (Bain, BCG and McKinsey), the “big four” accounting giants (Deloitte, EY, KPMG and PwC) and Accenture (also the world’s largest...