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Coffee Day bankruptcy process: Application filed under IBC Section 7, hearing likely this month According to a regulatory filing by Coffee Day to the stock exchanges September 8, the application is filed by IDBI Trusteeship Services before National Company Law Tribunal (NCLT) for alleged default...

After Reliance, Tata Group set to announce AI partnership with NVIDIA: Report Earlier in the day, Reliance announced to partner with US-based chipmaker NVIDIA to advance artificial intelligence in India

Leo Burnett South Asia co-chief Dheeraj Sinha steps down Sinha had been associated with the company for seven years, and will now explore other opportunities following the end of his tenure in October.

Abbott India recalls antacid Digene Gel after DCGI advisory State drugs controllers have been advised to keep strict vigil on the movement, sale and distribution and stock of the said products in the market, draw samples if the product is lying in the market, and initiate necessary action

PepsiCo India to invest ₹778 crore to set up food plant in Assam PepsiCo India plans to invest ₹778 crore ($105 million) in setting up its first food-focused manufacturing plant in Assam, India. The facility, which is expected to be operational in 2025, will assist farmers in the region by...

Tata seeks control of Haldiram's, snack maker wants $10 billion valuation: Report Tata Group's consumer unit in talks to buy 51% of Haldiram's, but uncomfortable with $10 billion valuation.

Reliance Retail acquires majority stake in Alia Bhatt’s Ed-a-Mamma brand The partnership will see the brand grow into new categories such as personal care and baby furniture, children’s story books and an animated series

Tata Consumers denies report of buying 51% stake in snack food maker Haldiram's Tata Consumer Products denies report of talks to buy majority stake in Haldiram's at $10 billion valuation.

Hinduja Group plans to make investments in Nigerian auto industry The Indian conglomerate Hinduja Group said it plans to invest in Nigeria’s auto industry following talks with the country’s president in New Delhi ahead of the G20 summit

Anil Agarwal’s Vedanta to regain control of Zambian copper mines after dispute with ZCCM Investments Anil Agarwal’s Vedanta Resources Ltd. and Zambian government owned ZCCM Investments Holdings Plc have resolved their disputes following four-year legal battle over ownership of Zambian copper mines.

Vedanta Resources in discussion with Standard Chartered Bank for $1.3 billion loan, says report Vedanta Resources is planning to sanction a loan from Standard Chartered Bank worth $1.3 billion

Elon Musk took $1 billion loan from SpaceX while acquiring Twitter: Report Elon Musk withdrew a $1 billion loan from SpaceX while acquiring Twitter for $44 billion, according to the Wall Street Journal.

Paytm records 20% rise in monthly users in July-August, GMV up 43% Average monthly users reach 94 million in July-August from 79 million in the same period last year

Zerodha’s Kamath spots trend in investing On Monday, Nazara Technologies said it has raised ₹100 crore from two entities backed by the Kamath brothers, Nitin and Nikhil, the co-founders of broking firm Zerodha.

6 of 8 funds used to invest in Adani shut The closure of some these funds—two Mauritius-based funds were shuttered last year, and a third is in the process of winding up—follows the initiation of an investigation by Sebi into offshore entities’ holdings in Adani Group firms in 2020

Share purchases by foreign-owned firms under RBI scanner The companies have received notices from the regulator inquiring whether they would want to settle the case

Clear lease dues via shares, SpiceJet told National Company Law Tribunal asks SpiceJet to issue equity shares to settle dues with lessors. Celestial Aviation's plea for insolvency proceedings deferred.

GATI partners Tech Mahindra to build future ready software application - GEMS 2.0 The partnership is focused on replacing Gati’s legacy application with a digital, scalable, and more agile cloud-based application for operational excellence and the highest level of customer experience

Parag Agrawal was not 'fire-breathing dragon' that X required: Elon Musk on why he sacked former CEO Elon Musk sacked Parag Agrawal as Twitter CEO because he felt Agrawal was not a ‘fire-breathing dragon’

Indian Bank partners with OneCard to launch mobile-first co-branded credit cards Indian Bank partners with OneCard to introduce mobile-first, contactless, metal co-branded credit cards.