Apollo Tyres and Ceat will challenge the Competition Commission of India (CCI)'s Rs 1,788-crore fine and cease-and-desist order.
After leading the Kolkata-based FMCG firm Emami for nearly five decades, Founders R.S. Goenka and R.S. Agarwal are passing on the baton.
Panacea Biotec has been struggling to repay a debt of Rs 750 crore to Piramal Enterprises and India Resurgence Fund.
The acquisition will allow Dr Reddy’s to introduce medical cannabisbased medicines as a treatment option for patients.
The Union Budget shied away from offering any quick fix to the problem of low demand for consumerfacing sectors.
Crypto exchanges in India have sought clarity on the Budget’s proposed 1 per cent TDS on crypto transactions.
DCGI has granted approval to the single-shot Sputnik Light vaccine for restricted use in emergency situations in India against Covid-19.
Tata Steel is eyeing building a 4.5-million tonne per annum long products complex in the next few years
The company has reportedly raised over $11 billion for its latest venture capital fund titled ‘Private Investment Partners 15’ or ‘PIP 15’.
Jio Platforms is investing $15 million for a 25 per cent equity stake (on a fully diluted basis) in Pranav Mistry’s Two Platforms Inc.
Data shows that shares of recently-listed One97 Communications, which operates Paytm, have eroded over half of the investors’ wealth against the issue price of Rs 2,150.
The recent past has seen Indian MF houses file draft documents to launch funds based on themes such as semiconductors, electric vehicles and blockchain, among others.
There is serious drama playing out at PTC India Financial Services.
Advances in digitalisation and work from home have led to a sudden uptick in the number of cyber attacks that are costly and damaging.
Even as the tenure of LIC Chairman M.R. Kumar was extended by a year, FM Nirmala Sitharaman announced in her Budget speech that LIC’s IPO is “expected shortly”.
CMD Mukesh Ambani said, “Retail and digital services have recorded the highest ever revenues and EBITDA.”
The routine antifever medicine Dolo 650 has gained huge popularity amidst the Covid-19 pandemic—starting with the second wave and continuing well into the third wave.
After carrying the growth momentum for over a year, the country’s rural market has left India’s fast moving consumer goods (FMCG) makers high and dry.
Rollout of 5G for broadband cellular networks in the US led to flight cancellations over warnings that frequencies could hamper navigation equipment.
The Indian start-up ecosystem’s growth has quickened over the past one year, thanks to a combination of domestic and international factors.
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