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Subhash Chandra takes his peeve with regulator to FM In a 16 January letter Chandra said Sebi has been acting with a predetermined mind, and sought the minister’s intervention to safeguard minority investors.On Monday, Sony sent a termination notice to Zee, pulling the plug on the $10-billion...

Burmans get CCI approval to buy stake in Religare The Competition Commission of India approves the acquisition of a 5.27% stake in Religare Enterprises by entities controlled by the Burman family, along with a subsequent open offer for an additional 26% stake.

IPO-bound SK Finance garners ₹1,328 crore in fresh equity from existing investors SK Finance is currently engaged in discussions regarding an initial public offering (IPO) and is targeting to launch the issue later this year.

Serum Institute to receive up to $30 mn from global network to make pandemic vaccines The collaboration is meant to shorten the time taken to manufacture early batches of experimental vaccines in response to an escalating outbreak within 100 days

JSW Energy Q3 results: Net profit jumps 28% to ₹231 crore JSW Energy Q3 results: Profit After Tax (PAT) for the quarter (October-December 2023) increased by 28% YoY (year-on-year) to ₹231 crore, compared to ₹180 crore in the corresponding period of the previous year

Coforge Q3 Results: Net profit rises 31% QoQ to ₹238 crore, interim dividend declared Coforge Q3 Results: On the year-on-year basis, the Coforge witnessed 4.2% rise in net profits, which were recorded ₹228.2 during the same period last year

Google-CCI case: Supreme Court to begin hearing in the matter 30 April In October 2022, the CCI imposed a fine of ₹1,337.76 crore on Google, citing antitrust violations linked to its Android mobile operating system

Mint Explainer: The collapse of the Sony-Zee merger and its wider implications The industry will now be watching the progress of merger talks between Disney Star and Reliance’s Viacom18. As for Zee, it might now need a cash-infusion to deal with its mounting debt and margin troubles

udaan CFO Aditya Pande resigns amid senior-level rejig udaan, the homegrown B2B e-commerce platform, announced the resignation of its chief financial officer Aditya Pande, the third top exit over the past few months.

Earnings Tracker: Q3 total revenue up 18.1%; bottomline rises 16.2% December-quarter results are available for 227 BSE-listed companies so far

Niyo Solutions eyes profitability in 2024, IPO in 2025 The company is also looking to raise funds for expansion and acquisitions, including in the travel-banking, foreign exchange, and lending segments.

Colgate Palmolive India Q3: Net profit jumps 35.7% to ₹330.11 crore Colgate-Palmolive India Ltd reports a 35.71% increase in net profit to ₹330.11 crore for the December quarter, driven by double-digit growth in the toothpaste segment.

Cipla Q3 results: Pharma company reports consolidated net profit of ₹1,056 crore Cipla Q3 results: Pharma company reports consolidated net profit of ₹1,056 crore

InterGlobe Enterprises appoints Udaan’s Aditya Pande as CEO Pande returns to the travel group after three years. He was previously CFO at InterGlobe Aviation, which he left in 2021 to join Udaan as its finance chief

Q3 results: MRPL posts net profit of ₹392.08 crore, declares interim dividend MRPL’s consolidated revenue from operations stood at ₹28,383.41 crore in the third quarter of FY24, down from ₹30,966.16 crore in the same period last fiscal year.

Paytm surpasses 100 million monthly transacting users for the first time in Q3 FY24 Paytm's founder and CEO, Vijay Shekhar Sharma, called the achievement of reaching 100 million active customers a 'key milestone'. The company's revenue increased by 38% annually to ₹2,850.5 crore in the...

For Zee’s investors, a teary two-year ride Several foreign investors have sold their stakes in Zee Entertainment over the past two years since the merger agreement was announced. Several retail investors are now grouping together to push for a change in the media giant's management

Singapore-based Eruditus evaluating options on moving HQ to India The edtech unicorn sees revenues from India increasing over the next few years. On Monday, it reported a 70% surge in FY23 revenue

Axis Bank Q3 results to be announced today: Net profit may rise 6%, NII seen at ₹12,555 crore Analysts further predict that a narrowing of margins could constrain net profit growth to the mid-single digits.

Businesses finding it tough to accomplish net zero goal, says EY's Amy Brachio A challenging global scenario, economic slowdown and high inflation are big challenges