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Indian firms’ Q1 earnings growth likely at 7-quarter high Banking and automobile sectors are seen to be leading drivers of overall profits

IT firms to cut payouts as outlook weakens The IT industry is likely to offer muted variable payouts of 60-70% of the promised amount for the June quarter

Suzlon eyes long-term loans, QIP to trim debt Company, subsidiary to raise funds to partly repay ₹8,000 REC loan

Bajaj Auto seeks RBI nod for new NBFC as Bajaj Fin diversifies This follows the automaker’s erstwhile captive finance company Bajaj Finance Ltd diversifying into financing two-wheeler purchases of non-Bajaj Auto brands

SpiceJet board to consider raising capital on July 12 via issue of equity shares SpiceJet’s board will consider raising fresh capital on July 12 through the issue of equity shares and/or convertible securities on preferential basis.

Three private equity groups in race to buy out Adani Capital Gautam Adani is planning to sell his company's NBFC Adani Capital. Till now, three private equity firms, ie Bain Capital, Carlyle Group, Cerberus Capital Management will make their bid for the shadow bank, according to a media report

Flurry of spirit launches raises competition in alcobev sector The volume consumption in India's spirits market surpassed pre-pandemic levels in 2022, and Indian consumers are now proud of the quality and lower prices of local brands

Zee versus SEBI: SAT refuses to grant stay on order against Punit Goenka, Subash Chandra The allegations against them involve the alleged siphoning off of funds from the media firm. Zee Entertainment Enterprises has challenged the SEBI order at SAT, arguing that there is insufficient evidence to...

No amicable settlement between SpiceJet and Kalanithi Maran: Sun Group Kal Airways has denied any possibility of an amicable settlement with SpiceJet, stating that the matter has been finalised by the Supreme Court of India.

Who is Nina Kothari? The lesser-known sister of billionaire Mukesh Ambani Mukesh Ambani's sister Nina Kothari runs a multi-crore business which spans in different field ranging from petrochemicals to sugar. Know about the leading lady of Ambani family

BSE unveils new logo on its 149th foundation day Formerly known as the Bombay Stock Exchange, the premier Indian bourse BSE and its benchmark index S&P BSE Sensex is the face of the Indian capital markets.

What next for Punit Goenka at Zee as SEBI ruling is upheld? If the promoters fail to obtain relief from the Supreme Court, it could very well lead to the departure of India's first family of satellite television from the industry.

Reliance, Google backed Dunzo delays 50% salary this month, employee says, ‘rumours of restructuring…’ Dunzo, a hyperlocal quick commerce company, has reportedly deferred 50% of salaries for employees in manager-level positions and above due to a cash crunch.

Go First airline seeks investor interest as part of insolvency process Budget airline Go First has invited investor interest through a court-appointed administrator as part of its ongoing insolvency, with the Wadia Group expected to participate in the process

Foxconn pulls out of $19.5 billion semiconductor JV but Vedanta says other partners already lined up Foxconn is ending its joint venture with Vedanta Ltd to make semiconductors in India and will remove its name from the fully-owned entity. Meanwhile, after Foxconn's withdrawal from chip JV...

Essar Oil UK inks fuel distribution pact with Oikos Storage Under the agreement, Essar will store and distribute middle distillate fuels at Oikos’ Canvey Island facility to serve the Thames region

Allowing lessors to inspect aircraft can cause disruptions: Go First RP in Delhi HC On 5 July, a single-judge bench of the Delhi High Court permitted the lessors of the airline to inspect and carry out maintenance work of Go First's 30 aircraft within the next three days

Serentica inks pact with Greenko Group to source 1500 MW of green energy a day Long duration energy storage is critical to decarbonizing the country’s energy consumption and reducing greenhouse gas emissions

Marketing budgets may improve in this quarter Regional print advertisements are indicated to take the highest share of the marketing budget in Q3 2023 with an allocation of 13%, followed by OOH at 11%.

Sandeep Goyal takes over from Diwan Arun Nanda as chairperson of Rediffusion Goyal has an MBA and PhD from FMS Delhi and is also an alumnus of Harvard Business School. He has written books on business, marketing and advertising.