Confirmation of its plans to demerge its financial services arm and list the new entity Jio Financial Services, along with a 23.7% rise in revenue and a 27.2% increase in EBIT for ... Read more
There’s gloom ahead for India’s IT services sector if you read between the lines of the commentary and the guidance emerging from the top two firms, TCS and Infosys, both of which ... Read more
Bankrupt Reliance Capital’s struggles with its lenders continued despite a court nod to proceed with its second auction, while Kotak Equities cast a shadow of doubt over Vodafone I ... Read more
Vedanta Ltd promoter Anil Agarwal may be looking to sell a stake in the company to raise cash for meeting repayments due next month. Automaker Mahindra & Mahindra is planning t ... Read more
The Adani group continued to dominate the headlines. However, the week brought more positive rather than negative news for the conglomerate, with asset manager GQG Partners pumping ... Read more
The Adani storm showed no signs of abating, with the latest disclosures raising more questions for the beleaguered conglomerate. Wikipedia editors said employees of the group had “ ... Read more
There was little respite for the beleaguered Adani group even as the stocks of group companies continued to trend down. A Rs 7,017 crore deal for Adani Power to acquire the thermal ... Read more
Global brokerages, including Macquarie, have upgraded the rating of the Paytm stock while raising its target price after the company reported healthy Q3 numbers. In a report, Macqu ... Read more
Adani Vs Hindenburg continued to roil the Indian markets with share prices of the conglomerate’s various companies continuing to test the daily circuits. The worst hit was its flag ... Read more
Sun Pharma is buying Massachusetts-based Concert Pharmaceuticals Inc. for $576 million, a deal that will give India’s biggest pharma company access to the US company’s experimental ... Read more
