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ADIA may infuse $600 million in Reliance Retail: Report ADIA considers $600m investment in Mukesh Ambani's Reliance Retail, expanding its existing stake.

Here are top-20 startups on the rise in India in 2023, according to LinkedIn Indian startups thrive despite economic challenges, with space tech, AI, and EV companies leading the way, says LinkedIn.

ChatGPT-owner OpenAI skyrockets in valuation amid AI gold rush, to be valued at $90 billion after sale of existing share OpenAI is reportedly in talks to sell shares, potentially reaching a valuation of $80 to $90 billion, amid the AI investment boom.

Shree Renuka inks pact to acquire 100% stake in Anamika Sugar Mills for ₹235.5 crore Shree Renuka will purchase around 5 crore equity shares for ₹47.05 apiece. The deal, in the form of cash consideration, is to be completed by October 15.

Zerodha's FY23 profit growth slows, but remains bullish on F&Os Zerodha saw its net profit surge by 39% in FY23 to ₹2900 crore from ₹2094 crore in the fiscal before, it said in a blog.

Aditya Birla Capital infuses ₹750 crore into its financial services arm Aditya Birla Finance Limited The company in a regulatory filing said that ABCL is making the investment in ABFL to meet its growth and funding requirements and improve its leverage ratio.

‘India to be NetApp’s largest market in Asia in next 5 years’ In an interview, chief executive George Kurian said the company is betting big on the Indian market’s growth potential despite the macroeconomic headwinds.

Piyush Pandey steps down from Ogilvy India's leadership role, VR Rajesh to be new CEO: Report The new change will come into effect from 1 January, 2024.

Can Bajaj Finserv still dominate the credit game? The going is good but the company has to survive an impending onslaught from Jio Financial Services

China Evergrande’s offshore creditors to join winding-up petition if it fails to submit new debt revamp plan: Report Evergrande's unit Hengda Real Estate Group said late on Monday that it had failed to pay the principal and interest for a $547 million bond that was due by Sept 25

Renault, Nissan to Drop Common Alliance Purchasing Organization The new setup reflects Renault’s efforts to grow more independent from its Japanese partner after years of tensions within the alliance

Amazon faces antitrust lawsuit from FTC, 17 US states The FTC and its state partners say Amazon’s actions allow it to stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, stifle innovation, and prevent rivals from fairly competing against Amazon

Maruti Suzuki tops SUV charts with new models Its market share for SUVs in September is close to its FY24 target of 25%

Byju’s plans to cut 4,000 staff after CEO change The affected workforce will include senior executives, which will reduce the firm’s high cost of senior management-related expenses

KKR to carve out RE Sustainability unit The private equity firm believes that removing the municipality business, which serves local governments, will make the company more attractive for potential buyers

FOCC downstream investments face regulatory hurdles The issues cropping up mostly pertain to whether FOCCs can make deferred payments of consideration and whether they can subscribe to convertible options as a part of the investment

Search firms scout for AI, digital specialist board members According to headhunters, the push for technology-related skill sets is because companies know that AI is here to stay

NCLAT to hear SREI Infra promoter's plea on 4 October In August of this year, the Kolkata bench of NCLT approved the resolution plan of NARCL for takeover of twin Srei firms under Insolvency and Bankruptcy Code. The resolution plan had received approval from the RBI.

UP Scorpio accident death case: FIR against Anand Mahindra, 12 others in Kanpur Complaint filed against Anand Mahindra and Mahindra employees in Uttar Pradesh for selling SUV without airbags, resulting in death

NCLAT seeks responses in Google-CCI case The CCI had penalised Google for alleged abuse of its dominant position in the app store market ecosystem