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Vedanta plans a demerger; banks are thinking of debt SBI Caps will evaluate plan before consortium meet. Concerns include impact on debt division, uncertainty on loan servicing entity post-split, and potential displeasure if debt is in a weak-performing entity.

It's going to get harder to swing a promotion Corporates in Mumbai are moving away from using promotions as a retention strategy during appraisals due to concerns about internal profile parity, increased employee costs, and reduced attrition rates.

M&M shares in green after signing MoU with Adani Total Energies to set up EV charging stations The partnership will also entail rolling out e-mobility solutions to provide seamless access to the charging network for the customers covering discovery, availability, navigation, and transactions

Donald Trump's social media company to debut on Nasdaq following Digital World merger Shareholders approved the merger of Digital World Acquisition Corp. with Trump Media & Technology Group, paving the way for Truth Social to trade on Nasdaq. Trump could receive over $3 billion if the merger...

‘Focus on quality with efficiency…’: BYJU'S shuts 30 out of 292 tuition centres BYJU’s also said that it aims to turn most of the remaining 262 centres profitable in the third year of their operations.

Slogans aren't enough, we need to skill Indians more, says Bajaj Bajaj Group stresses the need for skilling Indians for industry relevance. The company announces ₹5,000 crore towards CSR initiatives, consolidating diverse social impact programs under 'Bajaj Beyond' to skill 20 million Indians in...

Air India fined ₹80 lakh for violations of flight duty time limitations Air India fined ₹80 lakh by DGCA for violations of flight duty time limitations

Karnataka Bank to raise up to ₹600 cr through QIP The indicative floor price is ₹231.43 per equity share which implies a marginal discount from Friday’s closing price of ₹231.05

Curtain-maker D’Decor to increase manufacturing capacity by 50% in four years The nation’s leading manufacturer of curtains and upholstery is set to boost its daily output from 140,000 metres of fabric to over 200,000 metres

Hindustan Zinc gets ₹91 crore GST demand, Company plans legal challenge, HZL stocks in green Hindustan Zinc Limited received around ₹92 crore demand for Goods and Services Tax (GST) on statutory levies. HZL plans to challenge this order in court, citing a similar successful case from the...

SpiceJet has cleared all dues, Credit Suisse tells Supreme Court During the previous hearing, the Supreme Court took exception to SpiceJet’s failure to settle its dues after Credit Suisse said it had received only $13.75 million of the $15 million it was to be paid by 15 February.

PepsiCo expands investment in Vietnam with $400 million for renewable energy-powered plants PepsiCo invests $400 million in Vietnam for new manufacturing facilities powered by renewable energy sources, as part of a larger U.S. enterprise delegation visit

Hindustan Zinc, Vedanta shares rise despite roadblock in restructuring plan amid Government concerns In a letter to the mines ministry this month, Hindustan Zinc Limited conveyed that it wouldn't proceed with any demerger proposal that the government disapproves of and that it would take the...

Accenture secures $1.1 billion GenAI projects in Sep-Feb Accenture's second quarter order bookings hit $21.6 billion, with GenAI projects making up approximately 2.8% of the total during the period, highlighting GenAI's growing strategic value

Robinhood Market's creative force departs: Co-Founder Baiju Bhatt steps down after leading for a decade Robinhood Markets announced on March 21st that Baiju Bhatt, a co-founder and the driving creative force behind the company's user-friendly interface, is stepping down after more than a decade...

Apple Stocks Under Siege: Regulatory probes on both sides of the Atlantic cast shadow over tech giant Regulators on both sides of the Atlantic are training their eyes on Apple Inc., unnerving investors with fears over fines and threatening its market dominance.

INOXGFL Group plans to sell majority stake in C&I business; mandates EY for sale process India’s C&I segment has been attracting strong investor interest of late, driven by rules that allow large power users to source energy from the open market

Vedanta dividend payment case: SAT stays Sebi order Sebi's order was based on a complaint from Cairn UK Holdings, which said the company had not received a dividend payout of ₹340.64 crore for its share in Vedanta

Accenture cuts FY24 earning forecast over uncertain consulting revenues IT services provider Accenture cut its fiscal-year 2024 revenue forecast on Thursday, as an uncertain economy prompts clients to curtail spending on its consulting services, sending its shares down around 5.6% in premarket...

Cinepolis India elevates Devang Sampat as managing director Sampat has over two decades of experience in the entertainment and retail industries