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Byju’s likely to go ahead with rights issue after NCLT defers verdict The National Company Law Tribunal has sought written submissions in three days from Byju’s and its investors, who had sought a stay against the company’s $200-million rights issue

Baring Asia marks successful exit from CMS Info Systems The private equity firm offloaded its remaining 26.7% holding in CMS Info through a block deal, booking one of its most successful exits in India

Shadowfax raises $100 million Series E round led by TPG New Quest Given that the company is already profitable, it will look for more inorganic opportunities, and plans to list on Indian bourses in the next 24 months

Xiaomi unlikely to launch its EV in India anytime soon but may revamp tablets, wearables portfolio Xiaomi is also looking at developing wearables for India-specific use cases, including true wireless headsets with varying levels of noise cancellation.

Roche launches multiple sclerosis drug Ocrevus in India According to industry experts, Ocrevus will be available in India for around ₹3 lakh per dose

‘Very little activity on the ground,’ says Bhavish Aggarwal on Uber, replying to Dara Khosrowshahi comments The CEO of ride-hailing company Ola Bhavish Aggarwal, commented on Uber's position in the Indian market. Aggarwal asserted Ola's dominance, claiming they are deep into India and tripling...

Chaayos looks to premiumise its offerings with trials at select outlets The company has been conducting experiments at a few outlets, such as adding new items to the menu, improving food and beverage presentation, and polishing cafe design and infrastructure, Chaayos's finance chief Pranav...

NCLT approves Hinduja's acquisition of bankrupt Reliance Capital Hinduja was embroiled in a legal battle with Ahmedabad-based Torrent Investments regarding the submission of bids under the corporate insolvency resolution process

Meet the French startup hoping to take on OpenAI Mistral unveils its latest large language model—and a deal with Microsoft

Paytm Payments Bank announces board rejig Paytm Payments Bank on Monday announced a major rejig in its top leadership while announcing that Vijay Shekhar Sharma stepped down as part-time non-executive Chairman

Vijay Shekhar Sharma resigns from Paytm Payments Bank amid board revamp Sharma has stepped down as non-executive chairman of the payments bank in the wake of RBI’s crackdown on the lender for repeated non-compliance

Affordable collection in store, Titan's Taneira eyes wider market Taneira, which operates over 100 textile clusters in India, is now introducing new lines with prices starting between ₹1,500 and ₹2,000, targeting value-seeking consumers in tier two and tier three cities.

India's first green hydrogen tender meets a chaotic end The tender had received just one bid, from GH4India Pvt. Ltd, an Indian Oil joint venture (JV) with Larsen & Toubro and ReNew

From Moscow to St. Petersburg, luxury hotels hope for Indian managements Russian officials have sounded out Tata group’s IHCL and East India Hotels

‘Take care…’: Ashneer Grover on his own father's death after Nithin Kamath shared news of stroke, father's demise Taking to social media site X, Zerodha's Nithin Kamath said he suffered a mild stroke around six weeks back. And while he did not explicitly confirm the cause, he suggested that a...

Positive on India, sold stake as valuations were high, says Whirlpool CEO American home appliances giant Whirlpool Corporation successfully offloaded 24 percent of its stake in its Indian counterpart, Whirlpool of India, on February 20, through a block deal.

Zoom Q4 results beats estimates on strong product demand, announces share buyback; share price rallies 10% Zoom projected revenue of about $4.6 billion in the fiscal year ending in January 2025, which is below analysts’ estimate of $4.66 billion. Profit, excluding some items, is estimated to be...

Is India new frontier for Coca-Cola? CEO leads massive delegation to nation Coca-Cola CEO James Quincey will lead a 220-member team to India this week, highlighting the country's growing importance for the beverage giant. India is a top-five priority market for growth due to its youthful...

Ford may return to Indian market with focus on EVs: Report Global auto major Ford Motor is planning a comeback in the Indian market with a focus on hybrid and electric vehicles, utilizing its Chennai manufacturing facility.

Expedia to cut about 1,500 jobs as travel demand moderates Expedia Group Inc. is cutting 1,500 jobs worldwide, which is 9% of its workforce following a recent leadership change.