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Glas Trust's lawyer alleged in US bankruptcy court that Byju Raveendran discussed unofficial payments with Indian officials regarding regulatory penalties. Byju's founders deny the claims and plan legal action against involved parties in the US case, seeking damages of at least $2.5 billion. This follows a notice to Byju's for alleged FEMA violations.
Reliance Retail acquires Kelvinator to boost its presence in India's consumer durables sector, merging its retail network with Kelvinator's innovation legacy.
Nuvama raises target price on LTIMindtree to ₹6,200; ICICI Securities & Choice Institutional retain ‘reduce’ ratings
The stock opened at ₹268.60 and touched a high of ₹271.90 during morning trade, with heavy volumes of 201.84 lakh shares traded worth ₹541.22 crore
Reliance Industries' shares are experiencing a significant rally this year, outperforming the Nifty50 and adding $40 billion to its market capitalization. Analysts predict continued growth driven by improved refining margins and strong ...more
“This acquisition strategically aligns with Reliance Retail’s vision of democratising aspirational living,” Reliance Retail said in a statement
The company will offer 58.32 lakh equity shares in the price band of ₹114 - ₹ 120 per share
Bengaluru-based firm supplies tech products such as Apple computers to over 1,500 clients, including SAP, Broadcom, Infosys, and Wipro, and operates more than 120 stores across India
Prime Minister Narendra Modi is set to inaugurate four new Amrit Bharat Express trains in Bihar, significantly boosting rail infrastructure and regional connectivity. The launch, part of a larger development project worth over Rs 7,200 ...more
Government capex, seasonal activity drive cement production as output jumps over 8%, steel up 6.7% in April-May
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