Rakesh Gangwal, a co-founder of IndiGo, sold over 2 crore shares in Interglobe Aviation for nearly Rs 9,550 crore, reducing his family’s stake to about […]
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RBI asks fintechs to improve cross-border payment systems
RBI deputy governor T Rabi Sankar has called on fintech self-regulatory bodies to eliminate inefficiencies in cross-border payments and promote fair pricing. At the Global […]
Sebi chief Madhabi Puri Buch says compliance must not burden companies
SEBI chairperson Madhabi Puri Buch emphasized the ease of regulatory compliance at the Global Fintech Fest. She discussed the positive reception of new REIT regulations […]
Cognizant puts HQ in Chennai up for sale, eyes Rs 800 crore
Cognizant is putting its 15-acre India headquarters in Chennai, featuring a 4 lakh sq ft office space, up for sale, with estimates suggesting it could […]
Sensex closes above 82k 1st time on US optimism
Sensex and Nifty reached record highs on Thursday, influenced by RIL’s bonus share proposal and US Federal Reserve rate cut expectations. The Sensex closed at […]
Zepto raises $340 million, mops up $1 billion this year
Zepto, a quick commerce startup, has raised $340 million led by General Catalyst, valuing the company at $5 billion in 2024. Following a previous $665 […]
Reliance plans 1:1 bonus stock issue after 7 years
Reliance Industries, under Mukesh Ambani’s leadership, intends to consider a 1:1 bonus share issuance at its September 5 board meeting. Highlighting its sixth bonus since […]
India’s billionaire count up 3x in 10 years to 334
India’s billionaire count has grown to 334, with the Hurun Rich List 2024 revealing Gautam Adani as the richest, overtaking Mukesh Ambani. The list comprises […]
India clears Singapore Airlines’ FDI, paves way for Vistara merger into Air India
With the Indian government approving Singapore Airlines’ foreign direct investment in Air India, the merger with Vistara is set to complete by the end of […]
India clears Singapore Airlines’ FDI, paves way for Vistara merger into Air India
With the Indian government approving Singapore Airlines’ foreign direct investment in Air India, the merger with Vistara is set to complete by the end of […]