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TCS gets partial relief in racial discrimination lawsuit in US Court TCS receives partial relief in discrimination lawsuit case in New Jersey court.

Honor to re-enter India under strategic JV route The brand, formerly owned by Huawei, is being licensed by Gurgaon-based PSAV Global, which will invest ₹1,000 crore via debt funding to set up operations in India and be fully controlled by local partners

CEO compensation soars amid global slowdown It’s raining salary hikes for CEOs and managing directors as the median pay among Sensex companies’ executive heads grew the fastest in at least five years.

Trai issues recommendations on licence fee and policy matters of DTH services The regulator has also said that ministry of information & broadcasting should revise the Form-D (the Statement of Revenue and Licence Fee for DTH licensees) and adopt the format of Form-D as prescribed in the...

Adani promoter buys 2.22% in flagship AEL for ₹6,000 crore The stake was bought by Kempas Trade and Investment Ltd, a promoter entity of Adani Group’s listed flagship Adani Enterprises

Paytm eyes India-scale AI system; fintech investing to build AI-based software stack One97 Communications Limited, which owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, filed its annual report for 2022-23 with the exchanges

‘Hero Future may go public in the next market upcycle’ Hero Future Energies chairman and managing director Rahul Munjal said the company would explore new fundraising avenues, including private investments and accessing public markets.

Poonawalla Housing Fin stake sale leads to rating downgrade In a report issued on 18 August, Care Ratings said the rating downgrade has been due to “disassociation with Cyrus Poonawalla Group post the sale of 99% stake in the HFC (housing finance company) to private equity player TPG’s affiliate...

Adani promoters pick up 2.22% in flagship for over ₹6,000 cr The stake purchase could be worth ₹6,348.12 crore according to the volume weighted average price of Adani Enterprises during that period.

Art fairs capture India's young hearts The venture, spearheaded by fashion entrepreneurs Malvika Poddar and Timsy Anand besides gallerist Payal Kapoor, promises to redefine the experience of art exhibitions.

Caratlane: Anatomy of a glittering exit In a rare event for the Indian startup ecosystem, founder Mithun Sacheti has exited online jeweller Caratlane for a cool $556 million. Most founders have their net worth tied up in their companies’ shares.

Honor India return next month with strategic JV PSAV Global will raise ₹1,000 cr in domestic loans to establish brand’s operations

L&T to produce speciality pipes for Australian firm L&T signs manufacturing deal with Saipem and Clough JV for pipe-rack modules for Perdaman Chemicals and Fertilisers.

NFRA imposes penalty on auditors of Coffee Day Enterprises arm NFRA imposed a monetary penalty of ₹1 crore on audit firm Sundaresha & Associates and debarred it for four years from being appointed as an auditor or internal auditor of any company, showed the order posted on the regulator's...

Amazon illegally called police on employees, terminated activist, alleges Labour board; company denies any wrongdoing Amazon.com Inc. illegally called the police on employees, restricted discussions about organizing, and terminated an activist in the lead-up to a vote on unionization near...

Goldman Sachs considers partial divestment of wealth business Goldman Sachs is also exploring various options for its registered investment adviser (RIA) unit, known as Personal Financial Management (PFM), which manages assets totaling around $29 billion.

Global investors including APG, IFC, and AIIB compete to invest $250 million into Mahindra InvIT Global investors compete to invest $250m in Mahindra Susten's renewable infrastructure investment trust (InvIT).

America’s corporate giants are getting harder to topple Incumbents from Walmart to General Motors are fighting back against disrupters

NLC India completes diversion of Paravanar River course The project mitigates inundation, boosts agricultural potential, and provides consistent irrigation to local farmers

DBS Bank collaborates with leading Indian badminton players The tie-up will held DBS India enhance its brand presence in the country and connect with its diverse audience,