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Coworking firm BHIVE to launch ₹400 crore alternative investment fund BHIVE Group launches ₹400 crore fund to acquire commercial real estate for co-working spaces

Ashok Leyland to issue corporate guarantee cover of ₹870 crore for two UK-based subsidiaries Ashok Leyland cleared that the promoters, promoter group, or group companies have no interest in this transaction which is conducted only for the purpose of covering the lenders/banking facilities

OVL gets 3 more years for exploring Vietnamese oil block in South China Sea OVL had signed a production sharing contract with PetroVietnam for a deepwater exploratory block in offshore PhuKhanh Basin, Vietnam, in May 2006. Vietnam's ministry of petroleum & industries had issued the...

'Huge mistake': Netizens fume as Elon Musk moves to remove ‘block’ feature on X Elon Musk announces that Twitter will remove the 'block' feature, sparking backlash from users concerned about online harassment.

Rajasthan vendor lodges FIR against 4B Network's Rahul Yadav alleging fraud: Report Identified as Vikas Om Prakas Noval, runs an advertising agency and alleged that Yadav's firm defrauded them and owes them ₹10 crore for the work they did for 4B Networks in 2022.

PNB Housing Finance recovers NPA account of ₹784 crore, resolved through ARC sale: Report The account was resolved today through an asset reconstruction company (ARC) sale under the Swiss Challenge method, according to CNBC-TV18.

Pfaudler sells 13.56% stake in GMM Pfaudler About 9.90% of equity share capital, representing 44,50,765 equity shares, has been bought by Geranium Investments Ltd., Atreides Investments B.V., and Infinity Partners - funds controlled by ChrysCapital

NCLAT allows Go First lessor to inspect aircraft This decision modified the NCLT's 26 July order, which permitted Go First to use the leased aircraft

Kejriwal, Priyanka Chaturvedi slams Unacademy for sacking teacher over ‘vote for educated’ remark edtech platform Unacademy fires teacher advocating for educated politicians, gets condemned by academicians and politicians like Delhi CM Arvind kejriwal, and Shiv Sena (UBT) MP Priyanka Chatuvedi...

Adani issue clarification amid buzz about $2.5 billion investment by Abu Dhabi's TAQA Adani Group denies talks with Abu Dhabi's TAQA over investment.

Byju's layoff: Staffers asked to resign voluntarily after performance review, says report Byju's lays off over 400 employees from mentoring and product expert division; company disputes number of affected workers.

What does China Evergrande's debt restructuring entail? The property developer’s offshore debt restructuring involves a total of $31.7 billion, which include bonds, collaterals and repurchase obligations, according to reports.

KEC International wins new orders worth ₹1,007 crore across businesses Year to date order intake stands at a record of over ₹5,500 crore, registering a strong growth of 15% from last year

Power minister inaugurates 660 MW unit of Barh super thermal power project Singh also laid the foundation stone for extension of Power Grid’s 400/132 kV Lakhisarai sub-station later in the day.

Barclays names new CEO, COO amid top management reshuffle in India Barclays PLC named new executives to its top management in India, a major overseas market for the lender.

Go First cancellations continue, airline scraps flights till August 21 GoFirst cancels flights till August 21 due to operational reasons amidst insolvency process.

'Meticulously maintained': Anand Mahindra lauds Maharashtra Governor's residence Mahindra described Governor’s official residence as one of the most serenely beautiful spots in this 'Megalopolis'.

Tanla Platforms to end partnership with Vodafone Idea in November, says move will have revenue impact of ₹17 crore Tanla plans to end its partnership with Vodafone Idea in November this year, impacting revenue and profit.

CCI imposes ₹40 lakh penalty on Axis Bank over acquiring stake in CSC e-Governance The transaction comprised an acquisition of a 9.91 per cent stake in CSC e-Governance by Axis Bank and got completed in November 2020.

NTPC starts trial run of hydrogen bus in Leh The first hydrogen bus reached Leh on 17 August as part of a three-month-long process of field trials, roadworthiness tests and other statutory procedures.