Corporates News
Rounak Jain
Nazara is building up esports muscle before Jio, Dream11 and others attack
Esports is now the top contributor to Nazara’s revenue, which surged by 45% in the June 2021 quarter. Nazara had earlier acquired Turkey-based g...
Bhakti Makwana
Adani Group in spotlight again — Lok Sabha MP Mahua Moitra says delisting of Adani Power needs to be ‘looked into’
Mahua Moitra, Lok Sabha member from West Bengal, has written to the finance minister asking to investigate Ad...
Bhakti Makwana
Mukesh Ambani has spent half a billion dollars mostly for Just Dial’s listings alone
Mukesh Ambani has spent half a billion dollars mostly for Just Dial’s listings alone...
Bhakti Makwana
Adani Group companies in regulator’s radar for non-compliance of rules
SEBI and Directorate of Revenue Intelligence (DRI) are investigating some Adani Group companies for non-compliance of rules,...
Bhakti Makwana
As Mukesh Ambani reportedly dials in, Just Dial stocks surge 3%
Shares of Just Dial gained nearly 3% on reports that Mukesh Ambani’s Reliance Industries is looking to buy the company for $800-900 million. A formal...
Bhakti Makwana
Infosys has a new headache — India’s unicorn boom
The company’s attrition rate has increased to 13.9% in June quarter. Infosys has reported revenue growth of 6% to ₹27,896 crore in June quarter. The ...
Anil Ambani's Reliance Power gets approval from shareholders to raise funds of up to ₹1325 crore
The shareholders of Reliance Power Limited (Reliance Power), through postal ballot, have approved with overwhelming majority...
Rounak Jain
Now, one in four air travellers in India walk through Adani’s airports to catch a flight
The Mumbai International Airport will now be operated by Adani Airport Holdings, a wholly-owned subsidiary of Adani Enterpri...
Bhakti Makwana
TCS has loaded up half a million peeps as it expects many to move on
The IT services giant reported 3.9% quarterly increase in revenue in April-June. TCS has declared a dividend of ₹7 a share. ...
Rounak Jain
Cairn has reportedly seized Indian government assets in France worth over $23 million
The UK-based oil and gas company Cairn Energy has received an order from a French court to seize Indian government assets wo...
Rounak Jain
Titan's revenue in June 2021 quarter doubled from a year ago when business was under complete lockdown for most part
The second wave of COVID-19 notwithstanding, Titan has managed to navigate through well enough to double its ...
Tata Motors and Tata Power have jointly set up India's largest solar carport, aims to reduce 7,000 tonnes of carbon emissions
Tata Motors and Tata Power have jointly set up India's largest grid-synchronized, behind-the-meter solar carport at the Tata Motors car plant in Chikhali, Pune.
Baba Ramdev and Patanjali-owned Ruchi Soya wants to raise money from the market again
FMCG company Ruchi Soya, which was taken over by Baba Ramdev's Patanjali Ayurveda under the Insolvency and Bankruptcy Code (...
Wipro announces former Yes Bank executive Anup Purohit as its new chief information officer
IT major Wipro has announced the appointment of Anup Purohit as its Chief Information Officer.
Rounak Jain
Adani Group is reportedly planning to launch IPOs of its airport and food businesses
The Adani Group currently has six companies listed on the Indian stock exchanges. If listed, the Adani Group will have seven...
Vaamanaa Sethi
Ola hires former Vedanta executive GR Arun Kumar as its new group CFO
Kumar has previously worked with US-based multinational firm GE, and fast moving consumer goods (FMCG) giant Hindustan Unile...
Prabhjote Gill
Here's why Rossari Biotech bought Unitop Chemicals for ₹421 crore
Rossari Biotech — the chemicals company that had a blockbuster IPO in 2020 — is planning to acquire its peer company Unitop Chemicals for ₹421 crore....
Mukesh Ambani calls Jio, Reliance Retail and oil-to-chemicals as 'hyper growth engines'
Reliance Industries has released its annual report for the financial year 2020-21. Mukesh Ambani, the company's chairman, ha...
Prabhjote Gill
Here's how Infosys employees shared insider information that turned a chunky profit of ₹3 crore
The Securities and Exchange Board of India (SEBI) is pointing the finger at Infosys in a new case of insider trading. The se...
Prabhjote Gill
INTERVIEW: With a partner like Mukesh Ambani's Jio, Infibeam expects to hit $100 billion in online transactions in the next 5 years
Infibeam is betting on its relationship with Mukesh Ambani’s JioMart to get the contract to handle the grocer...
BI India Partner
Headspace offers free subscriptions to Indian healthcare workers addressing rising levels of burnout, stress and fatigue
With India experiencing a deadly second wave of COVID-19, local doctors, medical administrators and healthcar...
Rounak Jain
Adani Green Energy to acquire SB Energy India, boosting its renewable energy capacity by 4.9GW
The acquisition of SB Energy India will help Adani Green achieve its 25W renewable energy target 4 years ahead of schedule. ...
Prabhjote Gill
Mphasis aims to be a $10 billion company in the next 3-5 years — that's twice its current size
The Indian IT mid-cap, Mphasis, has plans to join the leagues of Tata Consultancy Services (TCS), Infosys, Wipro, and others...
Larsen & Toubro sees a slowdown in new orders in the first three months of 2021 — management says contracts have been deferred
Engineering and construction giant Larsen & Toubro (L&T) on Friday reported 11.3 per cent rise in consolidate...
Sanchita Dash
Gautam Adani’s net worth has crossed $60 billion – thanks to Adani Ports’ profits
As per Forbes real time data on billionaires, Adani’s wealth has now crossed $60 billion. In fact, Adani beat the world’s ri...
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