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Sony challenges maintainability of Zee Entertainment's plea on merger enforcement; NCLT to hear plea on March 12 Sony group has reportedly moved to the NCLT and challenged the Zee Entertainment's plea on merger enforcement. The NCLT is set to hear the plea on March 12

Westside to open 20-30 stores next fiscal, ramp up e-commerce ops Westside’s e-commerce is currently a small part of its business at around 6% to 7%.

Vedanta, Coal India, Ola Electric bid for critical mineral blocks The tender documents for these blocks were made available for purchase until 13 February

Tech Mahindra joins IT peers, initiates return-to-office plan The management wants employees to start work from office for two days in a week from March before transitioning to a three-day work-from-office setup

Advent merges Cohance and Suven The merged entity will have three distinct business units – Pharma CDMO, Spec Chem CDMO, and API+, inclusive of formulations

Boeing agrees to $51 million settlement for US export violations, including in China Boeing said there were additional unauthorized downloads of technical data at facilities in 18 countries, including Australia, Canada, France, Germany, Hong Kong, India, Italy, Japan, Kenya, Morocco, Russia...

AI offers ‘lucrative opportunity’ in Intel's programmable chip unit Altera, says its CEO Sandra Rivera Intel CEO Sandra Rivera said the programmable chips Altera designs are useful for AI applications and computing tasks that fall in between the purpose-built custom processors designed by cloud...

Edtech unicorn upGrad appoints Venkatesh Tarakkad as CFO In his new role, Tarakkad will be responsible for overseeing upGrad’s domestic and global financial strategies, encompassing a broader spectrum of areas such as investor relations, business finance, and corporate finance

Paytm discontinues inter-company agreements with Paytm Payments Bank As per the company statement, PPBL has agreed to simplify the shareholders' agreement. The goal is to enhance the governance of Paytm Payments Bank, making it more independent of its shareholders.

Chalet Hotels acquires Marriott property Courtyard for ₹315 crore The company intends to have about 5,000 rooms in the next three to four years in its portfolio

Adani Group tells investors sale of new overseas bond worth $409 million due next week: Report The Indian conglomerate’s capital-raising activities are under scrutiny after a scathing report by short-seller Hindenburg Research alleging malfeasance triggered a rout in its stocks and bonds

Profitability: The new benchmark for startups seeking investor approval Investors across stages now expect positive unit economics and efficiency from even a Series B round

Zee-Sony merger failure: Final nail in coffin as Sony formally withdraws $10 billion merger agreement with Zee from NCLT Sony officially withdraws from the $10 billion media merger with Zee Entertainment in India, ending a long saga of delays and drama. Legal wrangles are likely to continue...

Premium push: Radico Khaitan sees sixfold rise in shareholder value in 5 years While the premium and above segment is witnessing strong growth, the regular segment is experiencing a decline

Who is Sridhar Ramaswamy? Meet the IITian who became CEO of data cloud US firm Snowflake Sridhar Ramaswamy was named as the Chief Executive Officer and member of the Board of Directors at Snowflake on Wednesday. Here's al you need to know about the new Snowflake CEO.

Moglix eyes India domicile shift, IPO launch within two years Moglix is evaluating options for a domestic listing in two years. The company joins the queue of multiple other startups such as Razorpay, Eruditus and Groww who are evaluating flipping back to India.

'Madamji, dekhiye please,' Shaadi.com's Anupam Mittal pleads to FM Sitharaman against IT department Flagging concern for India's startup industry, Shaadi.com founder Anupam Mittal on Thursday appealed to the Finance Minister towards the redressal of the trouble faced because of tiring KYC paperwork

Setback for Vedanta as SC dismisses plea to reopen Sterlite Copper plant in Tamil Nadu's Thoothukudi The apex court has dismissed Vedanta group's plea against shutting down of its copper smelting plant in Tamil Nadu's Thoothukudi.

US-based video game co Electronic Arts to slash 5% of its workforce As of March 31 last year, the company reportedly had about 13,400 people

DGCA slaps Air India with ₹30 lakh penalty following 80-year-old passenger's death at Mumbai airport Aviation regulator DGCA slaps ₹30 lakh fine on Air India for wheelchair incident involving 80-year-old passenger at Mumbai airport.