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Muthoot's quest for life beyond gold The firm’s golden run started facing headwinds over a year back. The gold loan market is getting busier with formidable competition from well-heeled contenders such as banks and other NBFCs.

JSW Cement to launch ₹4,000-cr IPO in 2024 The firm plans to utilize IPO proceeds to fund its expansion plan

Notice issued to ZEEL on IDBI plea IDBI’s plea is after the bank is unable to recover unpaid dues of around ₹150 crore.

Free Fire return fires up Indian gaming enthusiasts The popular battle royale video game was banned in February 2022 as part of the electronics and IT ministry’s crackdown on 54 Chinese apps

Byju’s, lenders postpone legal battle; aim for out-of-court solution The edtech company and its term loan B lenders have decided to postpone an ongoing disagreement in the US courts until 6 October

‘India must take leadership role in advance packaging of semiconductors’ They said ISRC must focus on advanced packaging of modular chiplet, as it is the future, and participate in global standards bodies to take a leadership role in the industry.

Adani Group faces fresh allegations on offshore funds The Organized Crime and Corruption Reporting Project’s (OCCRP’s) investigations, published by The Guardian and Financial Times, dragged down the market value of the 10 Adani group stocks by ₹35,210 crore.

100,000 startup workers may have lost jobs in past 2 years According to staffing firms and headhunters, lay-offs at new-age businesses are estimated to be at least three times higher than publicly disclosed

Centre seeks bids for IMPCL's strategic disinvestment DIPAM issued an information memorandum where the government intends to sell its holding of 98.11% and the Kumaon Mandal Vikas Nigam Ltd holding the rest, at the price found through bidding

After Adani, OCCRP targets Vedanta, says company lobbied to weaken environmental laws during COVID-19 pandemic Vedanta's oil business, Cairn India, also successfully lobbied to have public hearings scrapped for exploratory drilling in oil blocks it won in government auctions, the report said.

Pandora Papers probe confirms Adani group links with shell companies used for investment in Adani stocks: Report Adani group implicated in stock manipulation using Mauritius funds, according to OCCRP report.

Dell Technologies Q2 revenue beats estimates; raises full-year forecasts on AI boost For the full year, Dell Technologies now expects revenue between $89.5 billion and $91.5 billion, and earnings per share of $6.30, plus or minus 20 cents.

Bajaj Auto August sales drop 15% YoY to 3.41 lakh units dragged by weak two-wheeler dispatches Bajaj Auto sold a total of 2,85,031 two-wheeler vehicles in August 2023, a sharp drop of 20% from 3,55,625 units sold in August 2022.

BSE share buyback price raised to ₹1,080 per share; stock jumps 5% BSE share buyback updates: BSE board fixed the record date for the proposed share buyback at September 14, 2023. As per the revised buyback offer, BSE will now be buying back 34.70 lakh equity shares, representing 2.56% stake of...

M&M auto sales in August rise 19% YoY to 70,350 units; tractor sales up 1% In the Utility Vehicles segment, M&M sold its highest-ever SUVs of 37,270 vehicles in the month, in the domestic market, and overall, 38,164 vehicles, including exports.

Tesla launches new Model 3 with improved design and longer driving range Tesla Inc. unveiled the first refresh of its popular Model 3 sedan with a sleeker look and longer range, but with a heftier-than-expected price tag in China where the EV maker is coming under increased pressure from local...

Ola planning to hire a veteran Unilever executive as CEO for cab business: Report For the first time, Ola is planning to appoint a CEO for its cab business. The company is planning to rope in an industry veteran from Unilever

Mukesh Ambani's Reliance Retail in talks to raise $2.5 billion: Report Reliance Retail Ventures is in talks to raise $2.5 billion from global investors ahead of a potential stock market listing.

Reliance Consumer launches Campa Cricket The move is a precursor to the company’s future plans to get into the sports hydration category and compete with brands such as Gatorade and Limca Sportz

NCLT asks Go First RP to submit status report on aircraft in two days Go First, owned by the Wadia Group, filed for insolvency attributing financial troubles to Pratt and Whitney's faulty engines. NCLT admitted the case on May 10, suspending the board, and imposing a moratorium on the airline's...