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Before Sebi report, entity takes ₹600 cr AEL position While it’s not known whether the position is a hedge or a punt, market experts said such positions are normally taken in anticipation of a sharp price move based on an event

SoftBank India scores over $5.5 billion exits since 2018 Of the total, about $1.5 billion was booked in the last 12-18 months, said Sumer Juneja, managing partner, SoftBank Investment Advisers

DLF all set to launch 2 luxury housing projects in Gurugram worth ₹15,000 crore: MD Ashok Tyagi After the success of sales of ₹8,000 crore worth of flats within three days in February in its new project 'The Arbour' at Gurugram, Tyagi said the company has set a target to achieve sales bookings...

Elon Musk has an ‘impressive’ take on list of Indian-origin CEOs of 21 global companies The list showed that many companies all over the world are now led by Indian-origin CEO. This includes Alphabet head Sundar Pichai, Microsoft, YouTube and Adobe are also on the list with Satya Nadella, Neal...

China's indebted property developer Evergrande Group H1 net loss declines to $4.5 billion The January-June loss was 33 billion yuan ($4.53 billion) versus a 66.4 billion yuan loss in the same period a year earlier, the firm said in a filing.

Go First lessor claims engine fan blades ‘completely missing’ from aircraft: Report Ireland-based ACG Aircraft Leasing claims critical parts like captain's 'side stick', tiller, engine fan blades, toilet seat are missing from at least two Go First's aircraft amid the airline's bankruptcy dispute.

Sanjiv Puri warns extreme climate events 'here to stay', companies in India must adapt ITC Chairman Sanjiv Puri said extreme climate change events are 'here to stay' and companies in India need to adapt their strategies accordingly. Puri emphasized the impact of climate change on the Global...

BP CEO bats for investments in oil & gas projects along with energy transition Looney said BP in partnership with Reliance Industries is trying to get EV charging infrastructure at their retail outlets

Bodhtree Consulting Q1 FY24 results : loss at ₹0.9Cr, Revenue decreased by 74.99% YoY Bodhtree Consulting Q1 FY24 results : Revenue decreased by 74.99% YoY & loss at ₹0.9Cr

Elon Musk's X launches ‘job hiring feature’ to challenge LinkedIn in professional networking X launches Hiring, a job search feature for verified organizations, aiming to challenge LinkedIn. $1,000 monthly fee.

Indian Oil to invest $30 billion towards energy transition This investment will be strategically allocated to fuel an array of comprehensive environmental sustainability measures across the corporation's vast operations, IOC said

Aurobindo Pharma to pursue ‘comprehensive evaluation’ on sale on injectables biz Eugia Pharma The pharma major clarified a news report which said the promoters of the firm have started the process of selling a majority stake in its injectables business Eugia Pharma.

Grasim to focus on paint and building material business: Kumar Mangalam Birla The company recorded year-on-year growth of 23% in consolidated revenues from operations in FY23, reaching an all-time high of ₹1,17,627 crore

Suzlon bags order for 201.6 MW wind energy project The company has baggged the order from Teq Green Power XI, a part of O2 Power

HAL, L&T to potentially bid for ISRO's small satellite launch rocket: Report Developed by the Indian Space Research Organisation (ISRO), the Small Satellite Launch Vehicle (SSLV) is a low-cost means to launch satellites weighing up to 500 kg (1,102 lb) into low-earth orbit.

Zee-Sony case: Punit Goenka moves SAT against Sebi order On 14 August, Sebi had in its confirmatory order restrained Punit Goenka and his father Subhash Chandra from holding any key managerial position in any listed company or Zee group entity until further orders

Plan to list other businesses: Vedanta chief Vedanta Ltd has primary interests in multiple natural resources businesses, which include aluminium, zinc-lead-silver, oil and gas, copper, iron ore, steel, power, ferro alloys, nickel, glass and potentially chip making (semiconductor business).

Grasim’s focus on paint, B2B e-com: Birla Grasim recorded a year-on-year growth of 23% in consolidated revenue from operations, reaching an all-time high of ₹1.17 trillion

India seeing China’s growth blitz of 2 decades ago: Mittal China-plus-one has brought investments, India firing on all cylinders: Bharti Enterprises chief

GCC firms slam the brakes on hiring; IT set to take a hit Consulting firm Aon, in a study on GCCs, noted that increments to new hires have fallen compared to the last few years when a hiring frenzy pushed the IT sector to lap up talent at any cost.