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CDPQ may buy five road projects from Ashoka Concessions The deal has potential equity and enterprise values of around $325 million and $700 million, respectively.

Westlife Foodworld says FSSAI verifies McDonald’s India uses 100% real cheese; stock jumps over 6% Pursuant to the clean chit, McDonald’s India (W&S) has retained the term “cheese” in the names of its products containing cheese.

Singapore's competition watchdog grants conditional approval to Air India-Vistara merger Singapore's competition watchdog grants conditional approval to Air India-Vistara merger

Swiggy partners IRCTC to provide food delivery service on Indian Railways The service will initially be available at four railway stations and will expand to 59 more in the coming weeks

Google to reinstate all delisted Indian apps on its Play store after govt intervenes With Google delisted the apps, the Indian government took strong exception to the removal, calling it ‘unacceptable’.

Byju's transfers $533 million to non-US subsidiary, Camshaft no longer in charge Byju’s Alpha, the US subsidiary of the edtech firm, had initially appointed wealth-management firm Camshaft to handle its funds.The funds from Camshaft were first transferred to another fully owned US subsidiary of...

RCap lenders urge IIHL to secure regulatory approvals for acquisition Though IIHL has sought approval from RBI for the acquisition, approvals from Irdai, Sebi, and CCI are still pending.

Roche Pharma launches Vabysmo to treat vision impairment Experts estimate the drug to cost about ₹400,000 in India for the first year of treatment, and ₹200,000 for subsequent years due to lesser dosage requirements

All smiles at McDonald’s as Maharashtra outlets can say ‘cheese’ again In the December quarter, the Maharashtra's FDA suspended the licence of a McDonald’s outlet in Ahmednagar over claims that its McCheese burger violated local food standards. This prompted the company to remove the word...

Greenko acquires GI Hydro's Sikkim project for enterprise value of ₹1,000 crore Greenko has a notable presence in the hydro projects segment, with an operating capacity of 1,789 MW across 25 projects

Customer demand for EVs slower than anticipated, says Mercedes Benz This mirrors a trend seen in Mercedes Benz's 118 diverse overseas markets, says Sagree Sardien, head, Region Overseas.

Want to make Paytm an Asia leader, says Vijay Shekhar Sharma after RBI's action on Paytm Payments Bank The banking regulator directed PPBL to stop accepting fresh deposits from February 29, a deadline that was later extended to March 15.

Gevra coal mine gets environmental nod for expansion The expansion aligns with India's aim of achieving self-sufficiency in coal production and phasing out imports for power generation by FY26

BYD India makes renewed push for volumes in 2024, expands product line up The EV maker launched its performance electric sedan SEAL in India at a starting price of ₹41 lakh

Ant Group arm Antfin likely to offload up to 2% stake in Zomato through block deal: Report The floor price has been fixed at ₹159.4 per share, says the report.

Warming deal street hints a funding spring is near During the last financial year, funding for very early-stage deals continued, but growth-stage financing had slowed to a trickle. However, funding in the new economy across life stages of a business is now experiencing a revival

Only operational issues, no ethical breach, says IIFL Finance Comprehensive steps to address all concerns, company says after stock plunges 20%.

Reliance-Disney OTT platforms viewership jumps; merger may hurt Netflix, Amazon Prime Video The merger of Reliance and Disney's platforms in India led to a dominant media giant with significant market share. Streaming cricket content has been crucial to their success, potentially hurting...

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6 Bajaj Auto buyback entitlement for the reserved category is set at 7 shares for every 27 shares held on the record date. For the general category, the buyback entitlement is set at 1 share for every 82 shares held on the...

Realty mogul Niranjan Hiranandani quizzed by ED for nearly 11 hours in FEMA violation case Real estate baron Niranjan Hiranandani, Managing Director of Hiranandani Group, was questioned by the ED for alleged FEMA violation. The billionaire businessman cooperated during the 11-hour interrogation.