Companies

Toyota Group signs MoU with K'taka for Rs 4,800 crore investment

Shanghaied Toyota cuts down production in China plant, reports profits slumped by third

After Tesla, Toyota too cut down its production by 50,000 cars per month due to lockdown imposed by China in Shanghai after Omicron Covid variant surged

May 12, 2022

Adani Airports raises $250 mn for airports development

Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, has announced a successful closure of funding of $250 million senior secured three-year ECB facility from consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC.

May 9, 2022

Xiaomi, Manu Kumar Jain, Global, Vice president, Managing Director, Manu Jain Xiaomi,

Xiaomi accuses ED of 'physical violence' threats, agency denies allegations

As per the company's filing in the Karnataka High Court, Jain and Rao were on certain occasions "threatened ... with dire consequences including arrest, damage to the career prospects, criminal liability and physical violence if they did not give statements as per the dictates of" the agency.

May 7, 2022

Mindtree and L&T Infotech announce merger; poised to become India's 5th largest IT company [details]

The combined business will overtake Tech Mahindra to become the fifth-largest IT services provider by market capitalization.

May 7, 2022

Why comprehensive bike insurance is the right choice for new two-wheelers

Bajaj Allianz General Insurance Company provides the best features when it comes to comprehensive bike insurance.

Apr 29, 2022

Huge Twitter takeover bid forces Elon Musk to sell Tesla stock worth $4 bn

Tesla CEO Elon Musk has sold around 4.4 million shares of the company worth around $4 billion, as he prepares to take over Twitter for nearly $44 billion.

Apr 29, 2022

Who's Vijaya Gadde? Twitter's top lawyer becomes new target as Elon Musk begins blitzkrieg

Vijaya Gadde, a "conscience keeper to Co-founder Jack Dorsey", the person who took the call to deplatform Trump, faces new owner Elon Musk's wrath now

Apr 29, 2022

GPay Everywhere: 150 mn people across 40 countries using Google Pay, Sundar Pichai upbeat

Hailing the India digital payments growth story, Alphabet and Google CEO Sundar Pichai has said that the company's payments strategy is very similar to the strategy it has for commerce overall.

Apr 27, 2022

Twitter co-founder Jack Dorsey to take home nearly $1 bn once Elon Musk closes deal

Jack Dorsey is set to take home a hefty amount of $978 million in cash once the Elon Musk's Twitter takeover deal gets through.

Apr 27, 2022

Alphabet's profit down by $1 bn despite Search & Cloud biz grow in Q1

Google parent company Alphabet's net profit dropped to $16.4 billion compared to last year's $17.9 billion in the first quarter of this year, as its Search and Cloud businesses saw great momentum.

Apr 27, 2022

cement sector, cement update, top picks, dalmia cement, MOSL research, shree cement, ramco cement

Adani on acquisition spree; In talks with Holcim to buy ACC, Ambuja

Ambuja Cement has a market capitalisation of Rs 76,477.13 crore, while ACC has a market capitalisation of Rs 43,389.19 crore, bringing the total market valuation of the two businesses to Rs 1.20 trillion.

Apr 27, 2022

LIC IPO to open on 4th May: Here's what will be the price band

India's potentially biggest IPO, LIC IPO is getting a lot of interest from anchor investors.

Apr 26, 2022

Amid uproar over multiple fire instances, Ola recalls 1,441 "faulty" e-scooters

Notably, Manufacturers have increased their voluntary recalls after the government warned them of "heavy penalties" if they did not take immediate remedial action, such as recalling faulty models.

Apr 25, 2022

Here's how Market volatility has dented Government's plan for LIC bumper IPO [details]

Centre to now dilute only 3.5 % equity in the Initial Public Offering (IPO) of LIC instead of 5%.

Apr 24, 2022

Adani Ports on acquisition spree: Adds Ocean Sparkle, India's largest marine services company

Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into a definitive agreement for acquisition of 100 per cent stake in Ocean Sparkle Ltd (OSL), India's leading third-party marine services provider.

Apr 22, 2022

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Companies

Shanghaied Toyota cuts down production in China plant, reports profits slumped by third

Adani Airports raises $250 mn for airports development

Xiaomi accuses ED of 'physical violence' threats, agency denies allegations

Mindtree and L&T Infotech announce merger; poised to become India's 5th largest IT company [details]

Why comprehensive bike insurance is the right choice for new two-wheelers

Huge Twitter takeover bid forces Elon Musk to sell Tesla stock worth $4 bn

Who's Vijaya Gadde? Twitter's top lawyer becomes new target as Elon Musk begins blitzkrieg

GPay Everywhere: 150 mn people across 40 countries using Google Pay, Sundar Pichai upbeat

Twitter co-founder Jack Dorsey to take home nearly $1 bn once Elon Musk closes deal

Alphabet's profit down by $1 bn despite Search & Cloud biz grow in Q1

Adani on acquisition spree; In talks with Holcim to buy ACC, Ambuja

LIC IPO to open on 4th May: Here's what will be the price band

Amid uproar over multiple fire instances, Ola recalls 1,441 "faulty" e-scooters

Here's how Market volatility has dented Government's plan for LIC bumper IPO [details]

Adani Ports on acquisition spree: Adds Ocean Sparkle, India's largest marine services company

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]