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Ashok Leyland signs MoU to invest ₹1,000 crore to set integrated bus plant in UP Ashok Leyland has signed a memorandum of understanding (MoU) with the Uttar Pradesh govt to set up an integrated commercial vehicle bus plant with an initial investment of ₹200 crore.

Govt receives ₹1487 crore from NTPC as dividend tranche The development comes days after NTPC announced the payment of its Final Dividend for the financial year 2022-23

Livspace posts strong revenue growth in FY23; Ebitda loss narrows Business expansion, investment in branding and experience centres, and improving supply chain helped the company achieve high growth in the fiscal year.

Jupiter appoints Anuj Rathi as chief product, marketing officer Rathi previously led product, revenue and growth at Swiggy. He is an IIT-Kanpur alumnus, and has earlier worked with firms like Flipkart and Walmart

Tata Steel signs 500 million pound-deal with UK govt for Port Talbot steel plant; 3,000 jobs potentially at risk Port Talbot steelworks is the UK's single biggest carbon emitter, and the government has been looking to help British Steel and Tata Steel to replace dirty blast furnaces.

European regulators slap TikTok with $368 million fine for breaching strict data privacy rules Ireland's Data Protection Commission, the lead privacy regulator for Big Tech companies whose European headquarters are largely in Dublin, said it was fining TikTok 345 million euros and reprimanding...

Zooom Airlines revives air operator certificate With a new name, the airline aims to create a fresh brand recall for the airline with an improved experience for the flyers, industry experts said

Infosys only Indian company in top 100 TIME World's Best Companies list Microsoft, Apple, and Alphabet (Google owner) are top 3 in the list while India's Infosys was ranked 64th with an overall score of 88.38 out of hundred

Dabur eyes ₹7000 crore in business from HPC, ₹5000 crore from healthcare in medium term In FY23, the company's home and personal care business reported net sales of ₹3,846 crore, making up 47.2% of its domestic business. The healthcare business reported net sales of ₹2,581 crore, while the...

Citigroup starts layoff talks after management overhaul: Report Citigroup's support staff in compliance and risk management, as well as technology staff working on overlapping functions, are at risk of losing their jobs as the bank undergoes a reorganization

Disney engages in discussions with Nexstar regarding potential ABC sale: Report Disney is in talks to sell the ABC TV network to Nexstar Media Group, according to sources. Following the initial report, Disney's stock experienced a 1.2% increase in its closing price, whereas Nexstar's stock...

SpiceJet makes $1.5 million payment to Credit Suisse The Gurugram-based airline is involved in several legal disputes with respect to payment of dues across the lessor community and with former promoter Kalanithi Maran

Xiaomi's Indian supplier Dixon to open smartphone plant in Delhi as govt pushes Chinese firms to use local partners Chinese smartphone manufacturer Xiaomi Inc partners with Dixon Technologies to open a new factory in New Delhi.

LIC presents dividend cheque of ₹1,831 crore to FM Nirmala Sitharaman LIC sells 2% of Sun Pharma shares for ₹4,699 crore, presents dividend cheque of ₹1,831.09 crore to Finance Minister

TotalEnergies in talks to invest $700 million in Adani Green’s projects: Report The French oil major Total could invest about $700 million and is looking to buy stakes in some of Adani Green’s projects, the report said

ITC-backed Yoga Bar enters kids’ food market Several startups are now selling foods for children, using millets such as ragi and oats using convenience and health as a plank to market these products.

Netflix, Yash Raj Films forge multi-year partnership This partnership will certainly push YRF as a storyteller to new audiences and allow them to consume Indian stories in their own languages too, Yash Raj Films said

Adani-Hindenburg case: Next hearing in Supreme Court on 13 October, report claims Hearing in Adani-Hindenburg case to take place in Supreme Court on 13 Oct; SEBI accused of hiding facts from court.

Broadbase board before adding new clients, Sebi tells Brickwork The order said Brickwork must ensure that no more than a quarter of the members of the new board are related or connected to the founders and present management.

‘Strong tailwinds make it the right time to list Yatra Online’ Yatra Online co-founder and CEO, Dhruv Shringi, in an exclusive conversation with Mint, said there are strong tailwinds behind the business.