Here’s why Elon Musk’s talk of a Twitter bankruptcy is premature
It may be nothing more than a scare tactic as he moves aggressively to reshape the company by slashing staff, shaking up its operations and doing away with Silicon Valley perks
Godrej Properties acquires two land parcels for housing project in Noida
The Mumbai-based developer will develop residential group housing on the land parcels located in Noida's Sector 146.
Vedanta says will double Barmer production if India withdraws additional 10% levy on revenue
The Supreme Court gives the government six weeks time to rethink its decision to impose an additional 10 percent levy on Vedanta's revenue from its Barmer oil fields.
Nykaa zooms 20% in early trade as Norges Bank, Aberdeen lap up shares of pre-IPO investors
Segantii India Mauritius, Norges Bank and Aberdeen Standard Asia Focus have bought a total of 2.53 percent stake in FSN E-Commerce Ventures, the operator of multi-brand beauty retailer
Income Tax department conducts survey at Jyothy Labs premises
The company said its full co-operation and support has been extended to the officials of the department during their survey proceedings
NIIT acquires US-based St Charles Consulting Group to expand strategic capabilities
Headquartered in St Charles, Illinois, StC is a provider of consulting, design, and implementation solutions for strategic learning programmes to professional services firms and Fortune 500 companies.
Infosys, Bharatiya Vidya Bhavan join hands to promote Indian visual and performing arts
Through this engagement, Infosys Foundation and BVB will provide a platform to over 4,500 beneficiaries, including 3,000 artists from underprivileged communities, towards the preservation of traditional folk and classical art forms, according to an Infosys statement.
Top Cryptocurrency Prices Today November 5: Bitcoin, Ethereum gain as global crypto mcap jumps
Bitcoin hovered around Rs 18 lakh, with a dominance of 38.58 percent, down 0.10 percent over the last day
Lupin gets USFDA warning letter for Tarapur plant, says 'committed' to addressing concerns
The American drug regulator pointed out various lapses at the Tarapur plant, which produces active pharmaceutical ingredients
Blackstone, Advent International in talks to buy controlling stake in Suven Pharma: Report
Promoters own a 60% stake in Suven Pharma, which has a market value of Rs 6,378 crore.
Reliance to explore uncharted territory with a stake in Naturals Salon & Spa: Report
The retail arm of the oil-to-telecom conglomerate Reliance Industries is in talks to acquire a 49 percent stake in Groom India Salons & Spa
L&T Tech unveils research centre in Canada, plans to hire 100 engineers
The centre will cater to LTTS’ Canada-based clients and also act as a nearshore site for North America-based customers.
Indian-origin former employee admits defrauding Apple of $17 million
Dhirendra Prasad says he began to defraud Apple back in 2011 by taking kickbacks, inflating invoices, stealing parts and charging Apple for services the company never received.
TCS launches SAP on Microsoft Azure
TCS has developed a joint go-to-market strategy around SAP on Azure, including TCS Crystallus
Persistent Systems launches cyber recovery solution with Google Cloud
The Persistent Intelligent Cyber Recovery (PiCR) solution provides a comprehensive and scalable cyber recovery approach
LIC shares rally on report of insurer's plan to issue bonus shares, dividend
LIC was listed on the Indian stock exchanges in May, but its stock has since dropped over 30%.
Reliance Industries subsidiary bumps up stake in US-based SkyTran
The stake acquired for $15 million (Rs 123.4 crore) takes Reliance Strategic Business Ventures' total shareholding to 62.83 percent on a fully diluted basis
India orders Google to allow third-party payments, slaps on another fine
The Competition Commission of India (CCI) said Google used its "dominant position” to force app developers to use its in-app payment system, noting the sale of in-app digital goods is a key means for developers to monetize their work.
DLF may delay REIT launch due to adverse market conditions
DLF, which has been getting ready for REIT since 18 months, is prepared to launch it when market circumstances are proper, chief executive Ashok Kumar Tyagi told media during analyst call after the company reported Q2 results on October 21.
Govt said to seek $7.7 billion valuation for IDBI Bank stake sale: Report
Government and the state-owned Life Insurance Corp. of India together own about 95% in IDBI Bank.
Adani Transmission grabs tender to install smart meters for BEST customers, stock up
Adani Transmission will implement the smart metering project on a design-build-finance-own-operate-transfer basis.
Cravatex hits upper circuit after Metro Brands inks agreement to acquire 100% stake
Cravatex is a retail, brand licensing, distribution and sourcing company that has the exclusive long-term licence for the Italian sportswear brand FILA, owns sportwear brand Proline
Etihad gets new CEO; all you need to know about Antonoaldo Neves
Etihad’s new leader had run Brazilian carrier Azul Linhas Aéreas, Portugal’s state-owned airline TAP Air Portugal and digital travel agency Oner Travel.
Invesco, others sell Zee shares worth Rs 1,396 crore
OFI Global China and funds managed by Invesco offloaded a total of 5.46 per cent stake.
