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Maruti recalls 87,599 units of S-Presso, Eeco to replace faulty steering tie rod Maruti Suzuki India is recalling 87,599 units of its S-Presso and Eeco models to replace a faulty steering tie rod. The recall is effective immediately.

Go First says it is exploring settlement with Delhivery NCLT has deferred the matter to the third week of August for the next hearing

Sebi may ease delisting process, review insider trading rules Sebi chairperson Madhabi Puri Buch said the move was important since any participant entering the listed markets should be able to exit it.

Steep provisions drag IDBI Bank net NPAs below 0.5% in Q1 The bank’s net NPAs stood at 0.44% of net advances as on 30 June, down 48 basis points (bps) from the previous quarter.

Reliance Industries to acquire 33% stake in Brookfield-Digital Realty data centre venture Reliance Industries Limited (RIL) has partnered with Brookfield Infrastructure and Digital Realty to develop data centers in India. RIL will hold a 33.33% stake in each of the Indian SPVs and become an...

X.com to go live today? Elon Musk says 'if there is good enough logo...' Elon Musk, owner of Twitter, plans to rebrand the platform and change the iconic blue bird logo to an ‘X’ symbol. The move comes as Musk aims to create a ‘super app’ similar to China's WeChat. The rebranding could further...

'X is the future state of unlimited interactivity,' says Twitter CEO Linda Yaccarino Elon Musk and Twitter's CEO announced plans to rebrand the platform as ‘X’ and focus on payments, banking, and commerce. The iconic bird logo will be abandoned.

Go First cancels flights until July 25th due to operational reasons. Details here Low-cost airline Go First has announced the cancellation of flights until July 25 due to operational reasons. The company has filed an application for immediate resolution and revival of operations.

Canara Bank, Federal Bank to HDFC AMC — 31 companies to declare Q1 results today Q1 results 2023: Canara Bank, HDFC AMC, Federal Bank, PNB Housing Finance, IDBI Bank results will be in focus as banking companies are expected to deliver better quarterly numbers

Coffee Day Global under bankruptcy process, report Famous coffee chain, Cafe Coffee Day is undergoing the bankruptcy process, initiated by Indusind Bank

NHPC plans ₹1.76-tn pumped storage units State-run NHPC Ltd plans to invest up to INR 1.76tn ($25.8bn) to establish pumped hydropower storage capacities of 20,000-22,000 MW across India. This investment will require a capex of INR 7-8 crore per MW. NHPC has already signed agreements with...

SuperShare to shut shop, return capital Content sharing platform SuperShare, which raised $6.5m in funding last year, is reportedly shutting down and returning the capital to investors. The closure highlights the challenges faced by early-stage startups grappling with high burn rates and...

Indians snap up Swiss luxury watches in H1 India's imports of Swiss luxury watches rose 21% in H1 2022, reaching 98.5 million Swiss francs, driven by increasing demand for expensive goods among affluent Indians. Luxury stores in malls also reported significant growth in the watch category, with...

X.com now points to Twitter.com, says Elon Musk Apart from this, he also said that X logo goes live on 23 July.

Vedanta’s dividend payouts to parent concern lenders Many bankers are unwilling to take on fresh exposure to the company

Air India eyes 20% share in air cargo biz in 2-3 years the airline plans to engage with companies in the telecom, electronics, and pharmaceutical industries that are key users of airlines to ferry products

Bain Capital acquires majority stake in Adani Capital Bain Capital is set to acquire 90% of Adani Capital and Adani Housing, buying out the Adani family's private investments in the company. Bain Capital will also provide $120 million in primary capital for the company's growth. The sale will...

Tata Steel, SRF, TVS motors company, IDBI Bank, others Q1 results to watch out in this week from July 24-29; check list Domestic equity indexes fell as investors took profits, with the IT sector being the most affected. Several companies are set to announce their Q1 results from July 24-29.

Go First cancels flights till 25 July Go First has announced that their flights will remain cancelled until 25 July due to operational reasons. The airline is undergoing an insolvency resolution process and has received claims worth 240 billion rupees from creditors.

TVS Motors Q1FY24 earnings preview: Sales and margin are expected to grow TVS Motor is expected to announce strong Q1 results, driven by robust sales and margin expansion. Risks include economic slowdown, rising raw material costs, and competition. Domestic and export sales are predicted to...