SoftBank cuts InMobi stake in $250 million buyback deal
InMobi will repurchase the shares to reduce SoftBank’s holding to less than 10% from more than 30%
Tata Power to sign PPA for Mundra plant with Gujarat govt soon, says CEO Sinha
The signing may happen in a few days, Praveer Sinha, the company's managing director and chief executive officer said in an interview with Moneycontrol
SFIO set to charge Chinese handset maker Vivo in fund diversion case this month
According to officials, the wider probe into Vivo, Oppo and Xiaomi has uncovered suspected fraud of over Rs 6,000 crore, signalling major compliance issues at the three Chinese smartphone brands.
Adani Group plans $15 billion India airports expansion by 2030
The plan involves adding terminals, taxiways, and a new runway at the Navi Mumbai airport, which is set to open Dec. 25
Axis Max Life sees 60% jump in protection sales post GST exemption, pivots away from ULIPs
ULIPs, traditionally the company’s anchor category, now account for 37 percent of the retail portfolio as of Q2 FY26, down from 42 percent in Q4 FY25.
JSW Defence kick-starts $ 90-million project for military drone manufacturing with US partner Sheild AI
The manufacturing of VBATs at the facility is expected to begin by the last quarter of 2026, it said. The foundation stone-laying ceremony of the plant was performed by Parth Jindal of the JSW Group, in the presence of Duddilla Sridhar Babu, Minister for IT, E&C and Industries & Commerce, Telangana, senior officials from the state government, Shield AI and the Indian armed forces
Carlyle Group said to eye stake in Nido Home Finance
Carlyle is targeting an initial funding of $300 million in Mumbai-based Nido Home Finance Ltd., owned by Edelweiss Financial Services Ltd
Apple's list of component makers widen to 8 states and 40 suppliers across India: Report
Apple is connecting all the suppliers across the country into its global supply chain
Chinese electronics firms' fundraising plans hit regulatory walls in India: Report
As of now, the funding for top Chinese brands such as Oppo, Vivo, Lenovo-Motorola, Haier and Midea is taking place through the external commercial borrowing route
Adani’s giant copper smelter caught up in global ore shortage
Kutch Copper Ltd., which began processing metal in June after multiple delays, has brought in less than a 10th of the raw material required
SC agrees to $570 million settlement by fugitive billionaire brothers Nitin and Chetan Sandesara
The brothers, whose companies spanned industries from pharmacueticals to energy, fled India in 2017 on Albanian passports, court filings showed
SpiceJet completes equity share allotment to Carlyle Aviation, erases Rs 442 crore in liabilities
The board of the cash-trapped airline approved the issuance of over 100 million equity shares at an issue price of Rs 42.32 per share in a meeting held on November 18
Air India lobbies to use airspace over China's Xinjiang as financial woes mount
The unusual request comes just weeks after direct India-China flights resumed after a five-year hiatus following a Himalayan border clash between the nations
Xiaomi flags cash-flow risk as market share slides, $545 million remains frozen in India probes
India also stood out as the only major market to record a year-on-year decline in Q3, with Xiaomi’s share slipping 3.2% to 13.4%
SMBC open to bigger Yes Bank stake; plans for India unit under consideration: Report
The Japanese financial institution is the largest shareholder in Yes Bank after it acquired 24.99 percent stake in the domestic lender in September this year
Vodafone Idea narrows Q2 net loss to Rs 5,524 crore; revenue up 2.4%
The beleaguered telecom major had reported a net loss of Rs 6,608.1 crore in the first quarter of FY26, the filing showed
Ola refutes claims of tech leak involving former LG Energy executive
The company said the reports appear 'motivated,' coinciding with its entry into the battery manufacturing market that directly competes with global majors
Hindalco sees up to $650 million impact from fire at US unit
The hot mill at the plant is expected to restart by December end of this year followed by a 4-6 week of production ramp-up, the company added
Airtel to seek reassessment of AGR dues issue with govt: MD Gopal Vittal
Airtel MD said the company welcomes the apex court’s clarification, which permits the government to undertake a detailed reassessment of the dues
Hindustan Unilever's ice cream demerger plan gets NCLT's approval
The nod clears the way for the FMCG major’s long-awaited proposal to separate its ice cream business into a separate entity
Etsy names insider Kruti Goyal as CEO, posts downbeat Q3 results
Goyal, who is currently the company's president and chief growth officer, will replace Josh Silverman on January 1
Indian Oil and Vitol to launch trading joint venture in 2026
The agreement will include a clause requiring Vitol’s exit after five to seven years
MAX&CO to make India debut next year as Reliance Brands inks long-term franchise deal
The first store of the Italian fashion brand will open in Mumbai in early 2026, which will be followed by a national roll-out in key metro cities
Govt to study SC order before taking call on Vodafone Idea relief: Scindia
A government official said Vodafone Idea will have to formally communicate the kind of relief it is seeking once the court issues its directive
