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Tech Mahindra to acquire 100% stake in Mahindra Racing UK for Rs 13.5 cr

Fri, 05/02/2025 - 16:41
Upon completion, MRUK will become a wholly owned subsidiary of TMLL and, by extension, of Tech Mahindra Ltd

Supreme Court rejects JSW Steel's Bhushan Power and Steel resolution plan

Fri, 05/02/2025 - 15:35
Supreme Court terms JSW Steel's Bhushan Power resolution plan illegal and orders liquidation, criticising CoC, NCLT, and the resolution professional

Vodafone Idea to amend shareholders' pact to let promoters keep control

Fri, 05/02/2025 - 15:35
The company will convene an extraordinary general meeting on June 3 to seek shareholder's nod for the same, according to a regulatory filing

SAT dismisses Reliance Industries plea in Jio-Facebook deal disclosure case

Fri, 05/02/2025 - 15:03
Tribunal upholds Sebi's Rs 30 lakh penalty on RIL for not disclosing the Jio-Facebook investment deal after media reports triggered stock movement in March 2020

RR Kabel Q4 results: Profit up 64% at ₹1.29 bn on demand for wires, cables

Fri, 05/02/2025 - 14:55
The company's consolidated profit climbed to Rs 1.29 billion ($15.31 million) in the three months ended March 31 from Rs 787 million a year earlier

Sebi relaxes norms for brokers to expand in Gift City, nixes separate NOC

Fri, 05/02/2025 - 14:11
Markets regulator Sebi on Friday allowed stock brokers to operate in the International Financial Services Centre (IFSC) at GIFT City, without taking its prior approval. Stock brokers proposing to undertake securities market related activities in ...

Wall Street opens higher on easing tariff tensions, strong jobs data

Fri, 05/02/2025 - 14:08
At 09:30 a.m. ET, the Dow Jones Industrial Average rose 414.53 points, or 1.02 per cent, to 41,167.49, the S&P 500 gained 54.59 points, or 0.97 per cent

A dream taking shape: PM Modi launches projects worth ₹58k cr in Amaravati

Fri, 05/02/2025 - 13:53
The projects unveiled for the greenfield city of Amaravati include flood mitigation infra, road networks, and construction of key buildings such as the Assembly, secretariat, and High Courts

JSW Steel to decide next steps on Bhushan Steel after reviewing SC order

Fri, 05/02/2025 - 13:49
JSW Steel on Friday said it will review the Supreme Court order rejecting the company's resolution plan to take over Bhushan Steel and decide on future course of action.

India in 'sweet spot' amid tariff war, sees trade growth: Karan Adani

Fri, 05/02/2025 - 12:22
Karan Adani says US-China tariff war is boosting India's container trade, APSEZ to invest Rs 12,000 crore in FY26 and targets Vizhinjam port completion by 2028

Swiggy expands 10-minute food delivery service 'Bolt' to over 500 cities

Fri, 05/02/2025 - 12:14
Swiggy's scaling up of 'Bolt' comes at a time when its rival Eternal, formerly Zomato, has announced shutting down of the 'Zomato Quick' offering

Newgen Software Q4 results: PAT rises 2.8% to ₹108.3 cr on higher revenue

Fri, 05/02/2025 - 11:59
Revenue from operations for Q4 FY25 came in at Rs 429.8 crore, a 14.5 per cent climb from Rs 375.2 crore in Q4 FY24. Revenue was driven by strong growth in the APAC

India's forex reserves rise $1.98 bn to $688.13 bn, up for 8th week in row

Fri, 05/02/2025 - 11:53
This is the eighth consecutive week of a rise in the kitty, which had jumped 8.31 billion to $686.145 in the previous reporting week

M-M Finance to raise ₹3,000 crore through simplified rights issue process

Fri, 05/02/2025 - 11:48
The company's board on February 13, 2025, approved a fund raise of up to Rs 3,000 crore by way of rights issue to eligible shareholders, the non-banking finance company said in a regulatory filing

RBI working group recommends longer hours for interbank money markets

Fri, 05/02/2025 - 11:44
The Reserve Bank of India set up the group to study the changing needs of market participants

Delhi court issues notice to Sonia, Rahul Gandhi in National Herald case

Fri, 05/02/2025 - 11:42
A Delhi court has issued notices to Sonia and Rahul Gandhi in the National Herald case, following an ED probe into alleged financial irregularities and money laundering

India asks IMF to review loans to Pakistan after Pahalgam terror attack

Fri, 05/02/2025 - 11:19
This request comes after a deadly attack on tourists in Phalgam, Jammu and Kashmir, which has made tensions worse between the two countries.

Microsoft to make new accounts password-free by default: What changes

Fri, 05/02/2025 - 11:15
Microsoft is rolling out changes to streamline its sign-in experience, prioritising passkeys and other secure alternatives over traditional passwords

Marico Q4 results: Profit rises 7.8% to ₹345 cr on strong global growth

Fri, 05/02/2025 - 11:12
Consolidated revenue from operations during the quarter under review stood at Rs 2,730 crore as against Rs 2,278 crore in the same period a year ago, it added

Spotify to rollout iOS app update with out-of-app purchase options: Details

Fri, 05/02/2025 - 10:14
Additionally, the new Spotify app version will let users view details about Spotify Premium plan and switch between different subscription tiers

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