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Micron Gujarat plant groundbreaking on Saturday: Minister Chandrasekhar Micron intends to build several semiconductor assembly and packaging units in India, in addition to its proposed fabrication unit

Tesla mulls construction of battery storage factory in India: Report Tesla plans to make and sell battery storage systems in India, seeking incentives to build a factory.

Media mogul Rupert Murdoch steps down as Fox, News Corp chair after seven-decade stint Rupert Murdoch is stepping down at Fox and News Corp, after over seven decades that revolutionized news and entertainment industry and will now serve as Chairman Emeritus. His eldest son, Lachlan Murdoch, who...

Cisco to buy Splunk in $28 billion deal, boosting defenses as use of AI widens Cisco Systems Inc. plans to acquire cybersecurity firm Splunk in a $28 billion deal, marking Cisco's largest acquisition. The move will enhance Cisco's efforts in software and AI-powered data analysis and strengthen...

IndiGo, British Airways sign codeshare pact InterGlobe Aviation-promoted IndiGo currently has codeshare partnerships with Turkish Airlines, Qatar Airways, Qantas, Virgin Atlantic, KLM, American Airlines, and Air France

AstraZeneca cuts bonus for working at home, worker files lawsuit In the lawsuit, Elmarie Bodes, who was AstraZeneca’s senior director of business transformation until January, said that the drugmaker owed her a $124,443 performance bonus and stock options worth $65,000

Easier debt rules for large cos As a part of the framework for large corporates, a higher monetary threshold has been specified for defining such large corporates, thereby reducing the number of entities qualifying as LCs.

Jindal Power seeks NCLAT nod to submit plan Jindal Power has sought permission to submit a resolution plan for the acquisition of the insolvent Tuticorin Coal Terminal Pvt. Ltd.

Nirma to buy Glenmark Life Sciences for ₹5,651 crore Glenmark Pharma will continue to own 7.84% of Glenmark Life Sciences.

HDFC AMC gets RBI approval to raise stakes in five pvt banks India’s third-largest asset manager was granted regulatory approval to raise stakes in Karur Vysya Bank Ltd, DCB Bank Ltd, Equitas Small Finance Bank Ltd, Federal Bank Ltd, and City Union Bank

Work from office, fewer IT jobs kill moonlighting spirit The change also marks a reversal of fortunes in the tech sector, where it had become a serious concern during the peak of the pandemic-fuelled boom

Commuter motorcycles to premium rides: Global brands lead the way The company will launch its Aprilia high-performance motorcycles in 2024

Akasa pilots question HC’s jurisdiction Akasa Air pilots argue that the Bombay High Court does not have jurisdiction to hear their dispute with the airline.

Who is Apoorva Mehta, the Instacart founder who gained $1.1 billion with his exit from the startup post IPO-stock surge Instacart co-founder Apoorva Mehta has separated from the company after making $1.1 billion from its IPO launch. He will remain the largest shareholder.

Mahindra & Mahindra's Canada-based associate Resson Aerospace files for a voluntary wind-up; shares down by 2.2% Mahindra & Mahindra company’s associate Resson Aerospace, Canada has filed for a voluntary winding-up, company said in its BSE filing on Thursday

IPOs likely in fintech sector, M&As yet to see traction: Elevation Capital's Arora I don’t think fintech M&A has seen a lot of traction yet. It’s very hard for me to say when will it be, Arora said

Alkem Labs brands API business as Alkem Activa Alkem Activa is looking to forge new partnerships and collaborations as it aims to become a reliable supplier of high-quality APIs to pharmaceutical companies worldwide, contributing to the global healthcare ecosystem

Wipro appoints Aparna Iyer as new CFO as Jatin Dalal resigns Aparna will report to CEO Thierry Delaporte and will join the Wipro Executive Board. She succeeds Jatin Dalal, who is stepping down as CFO to pursue other career opportunities after serving the IT giant for more than two decades.

Jindal Power seeks NCLAT nod to submit fresh resolution plan for Tuticorin Coal Terminal In 2020, Bank of India had initiated insolvency proceedings against Tuticorin Coal Terminal due to unpaid dues amounting to ₹90.87 crore

BLS International says Canadian visa business contributes less than 2% to annual revenue, stock dips over 2% BLS International, the agency hired by India to carry out initial scrutiny of visa applications of Canadians, says Indian visa services were suspended due to ‘operational reasons’