Corporates

21 Oct 2021, 18:39

L&T aims to become carbon neutral by 2040 and here's how

The company aims to achieve carbon neutrality by 2040, ahead of the Paris Agreement deadline of 2050. Currently, more than 10% of the total electricity consume...

20 Oct 2021, 12:16

Reliance’s oil-to-chemicals business seems to be in the right spot to leverage China’s climate crackdown

Analysts expect RIL’s oil-to-chemicals business margins to lift in the coming quarters if China sticks to its climate change...

14 Oct 2021, 16:29

Zee-Invesco saga: Punit Goenka speaks up for the first time, asks if corporate governance doesn’t apply to institutional investors

Zee CEO has released an official statement, continuing the Zee-Invesco saga. Goenka has questioned whether co...

14 Oct 2021, 08:41

Infosys COO Pravin Rao set to retire, company to announce new structure soon

Infosys on Wednesday said its Chief Operating Officer Pravin Rao will be retiring in the third quarter of the current fiscal...

13 Oct 2021, 19:01

Wipro Q2 consolidated profit up by 17% to ₹2,930.6 crore

IT company Wipro posted a 17% jump in consolidated net profit to ₹2,930.6 crore for the quarter ended on September 30, 2021. The company had posted a...

13 Oct 2021, 18:49

Infosys Q2 profit up 11.9% to ₹5421 crore, raises revenue forecast for FY22

India's second largest IT services company Infosys on Wednesday said its consolidated net profit grew by 11.9% to ₹5,421 cro...

13 Oct 2021, 17:46

Invesco reveals it proposed Zee’s merger with Reliance, suggests that the company left money on the table in Sony merger

In the latest round of back and forth between Zee and its investor Invesco, the latter has revealed that it h...

12 Oct 2021, 09:25

Rakesh Jhunjhunwala-backed Akasa Air to fly from summer 2022

Reportedly, Jhunjhunwala has invested ₹247.50 crore in the airline and is expected to own nearly 40% stake in the new airline. Industry veterans Adit...

12 Oct 2021, 06:00

Cyrus Mistry's Sterling & Wilson was at the right place at the right time for Mukesh Ambani's green energy ambitions

Shares of Sterling & Wilson Solar surged as much as 17% on Monday as Reliance Industries bought a 40% stake i...

11 Oct 2021, 13:15

Tata Sons buys ‘Maharajah’ for $2.39 billion from the Indian government

The salt-to-aviation conglomerate has won the bid to acquire India’s national carrier Air India for ₹18,000 crore. Reportedl...

08 Oct 2021, 20:57

TCS has nearly doubled its hiring plan for the year as attrition remains high

Tata Consultancy Services hired 43,000 freshers in the first half of 2021, which is also the highest ever for a six-month pe...

04 Oct 2021, 10:31

Adani Green shares jump as the group adds 5 gigawatts of renewable energy capacity with a $3.5 billion deal with Softbank and Bharti Group

Adani Green Energy has acquired SB Energy, a joint venture between Japan-based SoftBank Group Corp and Bharti...

01 Oct 2021, 15:46

Paras Defence & Space Technologies makes space cameras and it just made the best listing post-IPO this year

Those who got shares of Paras Defence and Space Tech in the IPO nearly tripled their money within a few minutes of the listi...

01 Oct 2021, 15:37

Tata Sons reportedly wins bid to takeover the ‘Maharaja’

The government has reportedly accepted Tata Group’s proposal to acquire debt-laden state run airline Air India. Reports had said that SpiceJet founde...

24 Sep 2021, 13:33

Aditya Birla Sun Life AMC IPO likely to open next week with a ₹3,000 crore issue size

Aditya Birla Sun Life AMC is all set to open its IPO next week, said a source aware of the development. The issue size of th...

24 Sep 2021, 09:23

TCS, Infosys and Wipro take a lot of heart from Accenture's blockbuster earnings

IT consulting firm Accenture’s total revenue rose about 24% to $13.42 billion in the Q4, FY21, in line with analysts' expect...

23 Sep 2021, 12:01

Air conditioner brands Voltas, Blue Star, Havells rally ahead of festive season

Air conditioner manufacturers feel that the drastic change to remote working has brought good demand from the residential sp...

22 Sep 2021, 18:59

Zee-Sony merger: Here’s what Sony is really getting from Zee Entertainment

Zee Entertainment, which has been a target of allegations of corporate governance issues, will merge with Sony Pictures Netw...

22 Sep 2021, 18:05

Marriage Story! Zee gets a white knight in Sony

Media company Zee Entertainment announced its merger with Sony Pictures Networks India. Punit Goenka of Zee will continue to hold the top post in the...

22 Sep 2021, 13:24

Rakesh Jhunjhunwala-backed Nazara Technologies’ shares up on another acquisition this year

Shares of Nazara Technologies gained today as the company’s subsidiary NODWIN Gaming acquired the gaming and adjacent IP bus...

16 Sep 2021, 17:02

Airtel challenges telecom department's demand of ₹1,400 crore

The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) heard on Thursday Airtel's challenge against DoT's demand of approximately Rs 1,400 cr...

16 Sep 2021, 13:00

ITC finally starts rallying, but Twitter can't stop trolling it

Shares of consumer product company ITC surprises investors by rallying 7.5% on Thursday. ITC gained just 8% in 2021 so far, massively underperforming...

16 Sep 2021, 12:55

TCS valued at almost $200 billion, closer to US-listed peer Accenture with $216 billion

Shares of one of the top valued companies TCS have rallied 13% in the last month leading it closer to the $199 billion-mark ...

15 Sep 2021, 18:44

Adani Transmission to invest ₹1,200 crore in Madhya Pradesh project

Adani Transmission Ltd (ATL), Indias largest private sector power transmission company and part of the diversified Adani Group, has received the Letter of Intent (LoI) for the acquisition of MP Power Transmission Package-II Limited, incorporated by REC Power Development and Consultancy Ltd.

15 Sep 2021, 15:14

Vodafone Idea shareholder complains Kumar Mangalam Birla did not disclose offer to sell his stake

A shareholder of Vodafone Idea, Satya Prakash Sinha, has complained to SEBI that on June 7, when Kumar Mangalam Birla, the C...

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