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Amid slow industry growth, mid-tier IT firms make acquisitions strategic priority

New Delhi, June 29 -- Persistent Systems' proposed takeover of Nagarro and Coforge's recent multibillion-dollar acquisition of Encora underscore how mid-tier Indian IT firms are increasingly relying o... Read More


From opportunity to core: Private credit goes mainstream for wealthy investors

New Delhi, June 29 -- Private credit is increasingly becoming a core portfolio allocation for wealthy investors, with family offices and high-net-worth individuals (HNIs) continuing to allocate 5-15 p... Read More


Tata Motors says Iveco deal on track for Q2

New Delhi, June 29 -- Tata Motors Ltd Chairman N Chandrasekaran on Monday said the proposed acquisition of Iveco Group is expected to be completed by the second quarter of FY27, subject to regulatory ... Read More


Axis Bank and Bandhan Bank's CFOs resign

New Delhi, June 29 -- The private sector banking space witnessed two senior leadership exits, with Axis Bank and Bandhan Bank on Monday announcing the resignations of their Chief Financial Officers (C... Read More


Amazon India on track to double Prime membership base

New Delhi, June 29 -- Amazon India is on track to double its Prime Members base between 2023-2026 on the back of its tiered subscription plans.The e-commerce major, which will run its 10 the edition o... Read More


Anant Ambani donates 25 e-buses to TTD, adds to Tirumala's growing EV fleet

New Delhi, June 29 -- Anant Ambani, Executive Director, Reliance Industries has donated 25 electric buses valued at Rs.27 crore, along with support for drivers and EV charging infrastructure to the Ti... Read More


Kerala High Court permits fresh case in Sabarimala gold loss probe

New Delhi, June 29 -- The Kerala High Court on Monday allowed the Special Investigation Team (SIT) probing the alleged Sabarimala gold loss to register a fresh criminal case after it reported that evi... Read More


Prosus bets bigger on India as PayU turns profitable, expands startup portfolio

New Delhi, June 29 -- Technology investor Prosus is doubling down on India after its fintech business PayU achieved profitability for the first time and the company expanded its local investment portf... Read More


Andhra Pradesh cuts coastal limits ofRamayapatnam, Machilipatnamports

New Delhi, June 29 -- The Andhra Pradesh Government has rationalised the geographical jurisdiction of two major ports in the State-Ramayapatnam and Machilipatnam-reducing their notified coastal limits... Read More


NIIF to get additional Rs.30,000 crore, Finance Ministry announces

New Delhi, June 29 -- The National Investment and Infrastructure Fund (NIIF) will get an additional Rs.30,000 crore, the Finance Ministry announced on Monday. With this, the government's commitment to... Read More