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Adani Group is ‘not evaluating’ a bid to buy Jaypee Cement-thumnail

Adani Group is ‘not evaluating’ a bid to buy Jaypee Cement

According to previous reports, the Gautam Adani-backed Group is in talks to purchase Jaypee Group’s debt-ridden cement industry for roughly $606 million. Adani Group announced on Friday that it is

Enterprise Service

Oct 15, 2022

Mukesh Ambani, a billionaire, will establish a family office in Singapore-thumnail

Mukesh Ambani, a billionaire, will establish a family office in Singapore

Mukesh Ambani, the chairman of Reliance Industries Ltd., is establishing a family office in Singapore. Mukesh Ambani, chairman of Reliance Industries Ltd. and the second-richest man in Asia, is reportedly

Automation

Oct 7, 2022

In September, service sector activity fell to a 6-month low under inflationary pressures, according to the PMI-thumnail

In September, service sector activity fell to a 6-month low under inflationary pressures, according to the PMI

The seasonally adjusted S&P Global India Services PMI Business Activity Index decreased to 54.3 in September, down from 57.2 in August, indicating the slowest rate of growth since March. According

Enterprise Service

Oct 6, 2022

<strong>Motilal Oswal Alternates raises Rs.4500 crore for its IBEF IV.</strong>-thumnail

Motilal Oswal Alternates raises Rs.4500 crore for its IBEF IV.

With this fund, the cumulative AUM raised under the MO Alts platform between growth capital and real estate would stand at around Rs 14,000 crore. MO Alts is currently managing

Enterprise Service

Oct 3, 2022

Prosus NV drops acquisition plans of BillDesk over unfulfilled conditions-thumnail

Prosus NV drops acquisition plans of BillDesk over unfulfilled conditions

The proposed acquisition would have seen PayU, the payments and fintech business of Prosus, become one of the leading online payment providers globally by total payment volume (TPV). Prosus NV

Enterprise Service

Oct 3, 2022

CCI approves the merger of Jio Cinema and Viacom 18 platforms-thumnail

CCI approves the merger of Jio Cinema and Viacom 18 platforms

This approval by the watchdog follows an investment by BTS Investment 1 Pte. Ltd. (BTS1) and Reliance Projects and Property Management Services Limited (RPPMSL). The Competition Commission of India (CCI)

Enterprise Service

Sep 22, 2022

Religare Enterprises to raise ₹300 crores for its health insurance biz. Through rights issues-thumnail

Religare Enterprises to raise ₹300 crores for its health insurance biz. Through rights issues

Founded by brothers Malvinder and Shivinder Singh, who are facing fraud charges, Religare is led by new management and a professionally-managed independent board. Religare Enterprises Ltd is set to raise

Enterprise Service

Sep 19, 2022

‘Small’ businesses will grow when the government changes the definition in the Companies Act of 2013-thumnail

‘Small’ businesses will grow when the government changes the definition in the Companies Act of 2013

According to the government, the updated definitions will make it easier for businesses to conduct business. The capital and turnover requirements for “small” businesses have been doubled by the government. 

Advertising

Sep 16, 2022

Fall In The Prices Of Steel Market-thumnail

Fall In The Prices Of Steel Market

Operating conditions for steel manufacturers have deteriorated with a further fall in steel prices and rising coking coal prices. The demand for materials continues to remain muted. Indian producers can

Enterprise Service

Sep 12, 2022

One of the world’s largest  reserved coal company in talks to set up office in India-thumnail

One of the world’s largest  reserved coal company in talks to set up office in India

Russia has been the sixth-largest supplier of coal to India for decades. Recently, Russia became India’s third-largest coal supplier in July. The data from Indian consultancy Coal­mint showed imports rose

Enterprise Service

Sep 11, 2022

Rakesh Gangwal, a co-founder of IndiGo, and his wife cash in on the sale of a 2.74% interest in the parent company InterGlobe-thumnail

Rakesh Gangwal, a co-founder of IndiGo, and his wife cash in on the sale of a 2.74% interest in the parent company InterGlobe

In total, Rakesh Gangwal and his wife sold 1.05 crore shares, or 2.74 percent of the firm. The shares were sold for between Rs 1,886.471,901.34 and Rs 2,004.77 crore, making

Enterprise Service

Sep 9, 2022

<strong>Amritsar-born Devika Bulchandani was named as Oglivy’s Global CEO</strong>-thumnail

Amritsar-born Devika Bulchandani was named as Oglivy’s Global CEO

Devika Bulchandani joins a lengthy list of prominent corporate titans with Indian ancestry who are in charge of multinational corporations. The world’s largest coffee company, Starbucks, named Laxman Narasimhan as

Enterprise Service

Sep 9, 2022


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