- With Indian Express, now you have choice of subscription products and tenure
- Retail inflation at 8-year high of 7.79% in April
- Gyanvapi survey: Break locks if need be, submit report by May 17, says court
- Let’s not compare economies of Nepal and Sri Lanka
- Why the sedition law must go
- Grief, anger as Kashmiri Pandit govt staffer is killed by militants in valley
Tata Motors launches Nexon EV MAX with price starting at Rs 17.74 lakh
Equipped with a 40.5 kWh lithium-ion battery pack, the Nexon EV Max offers 33 per cent higher battery capacity than the Nexon EV, delivering ARAI certified range of 437 km (under standard testing conditions), ensuring uninterrupted inter-city travel.
BharatPe sacks staff, vendors; to claw back shares from Ashneer Grover
“If required, the company will be filing criminal cases against some of these employees for misconduct and act of cheating committed by them against the company,” BharatPe said in a statement.
BharatPe initiates action against former founder to claw back restricted shares
In a statement, the firm said it will take all steps to enforce its right under the law.
Day 3: LIC IPO subscribed 1.38 times
LIC policyholders’ quota was oversubscribed 4.01 times (401 per cent) and the employee reserved portion attracted 306 per cent subscription. The retail investors portion was subscribed 123 per cent, according to data revealed by the stock exchanges.
RIL first Indian company to top $100 bn annual revenue
RIL’s gross revenue for the quarter was Rs 232,539 crore, higher by 35.1 per cent. Net profit for the full year was Rs 67,845 crore ($ 9.0 billion), higher by 26.2 per cent.
Axis AMC suspends two fund managers for front-running
The statement comes in the wake of complaints reportedly being received by Axis Mutual Fund from stock brokers about fund managers punching in trades on behalf of the fund at values much higher than the market.
5th largest IT co in the making: L&T Infotech, Mindtree set to merge
Mindtree shareholders will get 73 shares of LTI for every 100 shares of Mindtree, the statement said, adding the combined entity will be called as LTIMindtree.
Elon Musk secures over $7 billion funding from investors including Oracle Corp co-founder Larry Ellison
Musk's $21 billion financing commitment was also revised to $27.25 billion.
Google appoints former NITI Aayog, CCI official as India public policy chief
Gulati was Joint Secretary, Digital Communications at NITI Aayog from August 2019 to April 2021, prior to which she served as an Officer on Special Duty with the Secretary of Telecom for more than two years.
Adani Wilmar buys several brands, including ‘Kohinoor’ to strengthen food business
The acquisition would give AWL exclusive rights over the brand 'Kohinoor' basmati rice along with 'Ready to Cook', 'Ready to Eat' curries and meals portfolio under the Kohinoor brand umbrella in India, the company said in a statement.
Mahindra sales jumps 25% to 45,640 units in April
The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 23 per cent to 22,526 units last month against 18,285 in April last year, the auto major said in a statement.
Bajaj Auto sales slip 20% to 3,10,774 units in April
Exports were also down 18 per cent last month at 2,08,597 units compared to 2,53,545 units in the year-ago period.
Can see several large, good groups are going to invest now: Ajay Piramal
'Investments were set to happen, but then the two years of Covid, and the uncertainty after that hit and everyone stopped. If you look at the capacities of most good companies, their capacity utilisations are good and they have done well inspite of Covid.'
ED seizes Rs 5,500 cr in Xiaomi assets over ‘illegal’ remittances
Earlier this month, ED had questioned Manu Kumar Jain, Xiaomi’s global vice-president, in connection with alleged illegal remittances made by the company.
Ahead of LIC IPO, Irdai allows insurers to invest more in BFSI
LIC on Wednesday priced its initial public offering (IPO) in the range of Rs 902-949 per share. LIC IPO will open on May 4 and will close on May 9.
Shell agrees to buy India’s Sprng Energy for $1.55 billion
The deal will triple Shell’s operational renewables capacity and help it achieve net-zero carbon emissions by 2050, the company said in a statement on Friday.
Support plan for chip companies: Import curbs, local sourcing for electronics
“Apart from offering financial incentives to companies to set up semiconductor fabs in the country, we could potentially encourage that products made in India will have to use semiconductors made here,” the official said.
Govt launches antitrust raids on Amazon sellers Cloudtail, Appario: Report
Indian retailers, a key part of Prime Minister Narendra Modi's support base, have long contended that Amazon's platform largely benefits a few big sellers, with the firm engaging in predatory pricing that harms their businesses.
Four European gas buyers made ruble payments to Russia: Report
Ten European companies have already opened the accounts at Gazprombank needed to meet Russia’s payment demands
Hindustan Unilever Q4 net rises 8.5%
‘In challenging circumstances, we have grown competitively and protected our business model by maintaining margins in a healthy range. I am also pleased that we have become a Rs 50,000 crore turnover company in this fiscal,” CEO & MD Sanjiv Mehta said.
Murdoch-Shankar platform leads Rs 13,500-cr funding in Viacom18
RIL subsidiary Reliance Projects & Property Management Services Ltd, which has significant presence in television, OTT, distribution, content creation, and production services, will invest Rs 1,645 crore.
Non-compete clause: Labour Ministry calls Infosys, union for joint discussion
Among the rival companies named in the employment contract are TCS, Accenture, IBM, Cognizant and Wipro for Infosys’ software services wing.
Adani Enterprises sets up wholly-owned subsidiary called AMG Media Networks
The new company will “carry on the business of media related activities, including publishing, advertising, broadcasting, distributing etc. of content over different types of media networks”.
Ex-chairman of debt-hit IL&FS Ravi Parthasarathy passes away
Former non-executive chairman of Infrastructure Leasing & Financial Services (IL&FS) Ravi Parthasarathy passed away on Wednesday.
Twitter-Musk deal includes $1 billion termination fee, filing says
One of the conditions for Musk's payment is if the deal falls through because the equity, debt and or margin loan financing needed is not funded, the filing said.
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May 13: Latest News
Mohali: Panic after men open fire in air in posh Mohali society, one booked
Dalit groom’s procession stone pelted due to ‘boycott’ on lavish weddings, say cops
Home guard volunteer discharged at 58 years, HC issues notice to Chandigarh Admin
Gujarat: AMC issues red alert for May 13 and 14
Over 6 lakh candidates register for CET this year
Atulchandra Kulkarni named new NIA ADG
Mere chargesheet or FIR not ground for impounding passport, says Bombay HC
Diversion of MGNREGA funds: Most of seized Rs 19-crore cash belong to IAS officer, CA tells ED
Father of govt staffer shot dead by militants in Budgam worried over safety of Pandits working in Kashmir
Covid vaccine coverage: Mumbai, Pune top list of districts with most people yet to take second dose