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  • Adani Enterprises falls after raising Rs 1,250 crore from NCDs

    In late June, Rajiv Jain's investment firm, GQG Partners LLC, increased its investment in Adani group companies by purchasing an additional $1 billion worth of shares from the promoter group.

  • Conglomerate model is copping the blame for companies’ non-performance

    Underperformance of some units may be a bigger reason for these companies to look for a radical solution, than the discovery of some fundamental flaws in the conglomerate model 

  • Sony readies for metaverse revolution with cross-platform push

    By Sam NusseyTOKYO Japanese conglomerate Sony Group Corp said it is well-positioned to play a leading role in the metaverse, or immersive virt..

  • Ponty Chadha’s elder son Manpreet to get 64% assets in Wave Group split: Report

    Wave Group was founded in 1963 by Kulwant Singh Chadha as a liquor distribution company.

  • Aditya Birla Nuvo Q4 rises 17% to Rs 198.87 cr

    Conglomerate Aditya Birla Nuvo reported a 16.79 percent increase in its consolidated net profit at Rs 198.87 crore against Rs 170.27 crore in the corresponding quarter of the last year.

  • Mahindra Lifespace goes solo in Chennai realty JV with Arch

    Mahindra has decided to go solo on its much touted premium realty project in Chennai for which the Mumbai-based diversified conglomerate had floated a joint venture (JV) company in 2008 along with private equity firm Arch Capital and Mahindra Residential Developers.

  • GMR synchronises first 350mw unit of Kamalanga plant

    Diversified conglomerate GMR Group today said it has synchronised the first unit of its 1050 mw coal-fired power plant at Kamalanga in Odisha with the central grid.

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