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AMD to invest $400 million in India over next five years, to build new India campus in Bangalore AMD plans to invest $400 million over the next five years to expand operations in India. AMD to build new India campus in Bangalore, largest R&D facility in the world

Bengaluru CEO struggles with company registration in India, says ‘time to move back to US’ Brij Singh, founder of a Bengaluru-based company, expressed frustration with the process of registering his company in India and stated that he may move back to the US.

Sequoia Capital: From layoffs to investment cuts, know all about the venture capital firm's restructuring plan The legendary venture firm Sequoia Capital has cut seven people in its talent operations division, a sign of continued retrenchment in the world of Silicon Valley startups

Adani New Industries Limited raises $394 million from Barclays, Deutsche Bank Adani Enterprises raised ₹3,231 crore ($394 million) for working capital from Barclays and Deutsche Bank for its solar module facility

Bengaluru-based RMZ Corp postpones development of offices in US and Europe, bets big on India Bengaluru-based realtor RMZ Corp is shifting its focus back to India due to the plummeting prices of commercial properties in major cities like Paris and New York.

Indiabulls Housing board approves raising ₹35,000 cr via NCDs; declares final dividend of ₹1.25 per share for FY23 Indiabulls Housing Finance board has also recommended a final dividend of ₹1.25 per equity share translating to 62.5% on face value of ₹2 each for the financial year ended March...

Startup Marketing Approach: 5 tactics that actually work to skyrocket your business Flingo Technologies helped a small startup improve its marketing strategy by using non-biodegradable trash cans with the company's logo and information printed on them to attract customers. ET Media Labs...

StanChart lifts annual profit outlook, sets new $1 billion share buyback Standard Chartered PLC has upgraded its annual profit forecast and announced a $1 billion share buyback following a strong first-half performance.

BPEA picks up controlling stake in Indira IVF; TA Associates to exit The Murdia family held a nearly 52% stake in Indira IVF, which was founded in 2014, while PE firm TA Associates Management Lp owned the rest

Takeover norm violations: SAT sets aside Sebi order against Ambani brothers SAT asked the regulator to refund the penalty of ₹25 crore to the appellants

Exide Industries Q1 Results: Net profit rises 10.7% to ₹224 crore; revenue up 5.6% YoY Exide Industries' revenue in Q1FY24 increased 5.6% to ₹4,245.5 crore from ₹4,021.7 crore, YoY.

Toshiba's $14.35 billion takeover pushed to August due to regulatory delay Toshiba's tender offer by Japan Industrial Partners (JIP) will be launched in August, a delay from the initially planned late July date. The buyout offer values the company at $14.35 billion and aims to bring it under...

US-based Silicon Power to invest more than $120 million for semiconductor component plant in Odisha US based Silicon Power Group will invest $121.73 million to set up a facility in Odisha state to make silicon carbide, a semiconductor component.

Indian Oil Corporation Q1 Results: Net profit rises 37% to ₹13,750 crore; revenue falls 2.3% QoQ IOC’s revenue from operations in Q1FY24 fell 2.36% to ₹2.21 lakh crore from ₹2.26 lakh crore, QoQ.

Air India to launch performance management system for non-flying staff next week Air India has formed a five-year strategy to gain at least 30% market share in domestic and international segment

Vedanta to tie up with 3 firms for semiconductor biz, first chip in 2.5 years: Anil Agarwal The first chip will be produced by the metals-to-oil conglomerate in two-and-a-half years. Vedanta's partnership with Foxconn can happen on the ecosystem side

Mahindra & Mahindra Financial Q1 Results: Net profit jumps 58% on year to ₹352.66 crore Mahindra & Mahindra Financial Services Ltd's Q1 net profit jumps 58.2% YoY to ₹352.66 crore, but slumps 48.5% sequentially; stock opens at ₹313.95 on BSE.

DGCA imposes penalty of ₹30 lakh on IndiGo for operational deficiencies Aviation regulator DGCA has fined IndiGo Airlines ₹30 lakhs and ordered them to amend their procedures after four tail strike incidents

ITC Hotels demerger to unlock value for parent company, ITC, says Nuvama Equities ITC News: Nuvama Institutional Equities highlighted key points from ITC analyst call after hotel division demerger, stating it creates value for shareholders.

Marico Q1 Results: Consolidated PAT up 15% to ₹436 crore, revenue slips 3% Homegrown FMCG major Marico Ltd on Friday reported 15per cent increase in its consolidated net profit to ₹436 crore for the first quarter ended June 30,2024