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Updated: 1 hour 48 min ago
Mutual fund industry on a high, asset surges Rs 17 trillion in 2024
The inflows lifted the industry's assets under management (AUM), reaching an all-time high
Oyo completes US-based G6 Hospitality acquisition for $525 million
The deal is expected to increase Oyo's earnings before interest, taxes, depreciation and amortisation (Ebitda) to over Rs 2,000 crore in FY26
China's Hisense eyes 26% stake in Epack's manufacturing facility in India
Epack Manufacturing Technologies, which is building a major production facility in Andhra Pradesh for Hisense, expects $1 billion in additional revenue in the next five years from the Hisense partners
China plans record $411 billion special treasury bond issuance next year
The proceeds will be targeted at boosting consumption via subsidy programmes, equipment upgrades by businesses and funding investments in innovation-driven advanced sectors
Unimech Aerospace IPO Day 2: Subscription surges 6x, GMP zooms 65%
The unlisted shares of Unimech Aerospace were trading at Rs 1,295 apiece, reflecting a grey market premium (GMP) of Rs 510 or 64.97 per cent against the upper end of the IPO price of Rs 785
Shein to re-enter Indian market after 4 years with Reliance's Ajio launch
Shein to re-enter Indian market after 4 years with Reliance's Ajio launch
Microsoft works to add non-OpenAI models into 365 Copilot products
It is the latest effort by Microsoft, which is a major backer of OpenAI, to lessen its dependence on the AI startup - a departure from recent years when Microsoft touted its early access
Year in review: 5 consumer technology innovations that turned heads in 2024
From the widespread adoption of generative AI in consumer devices to expansion of digital ecosystems, the year 2024 defined the consumer technology space with following innovations
Israel war, Budget, Fed rate cut: Top events that shaped markets in 2024
Stock market in 2024 so far: One of the most pivotal events impacting investor sentiment was the outcome of the 2024 General Elections
Pharma Dept reprimands AbbVie Healthcare for unethical marketing practices
AbbVie Healthcare India, a subsidiary of US-based AbbVie Inc., is under scrutiny for spending nearly Rs 1.91 crore on travel tickets
Mamata Machinery IPO allotment today: Check status, GMP, listing schedule
Mamata Machinery IPO allotment status: Once the allotment gets finalised, investors can check their status on the official websites of BSE, NSE, or Link Intime India, the registrar for the issue
Delhi continues to battle with 'severe' air quality amid drizzle and fog
AQI hits 401 despite light rainfall; cold wave grips north India with plummeting temperatures and snowfall disruptions
Stock Market LIVE Updates: GIFT Nifty signals slower start for India markets; Asian markets mixed
Markets Today LIVE: With Wall Street, driven by the so-called Santa Clause rally, and Indian markets closing higher in the previous trading session, investors would be looking to continue the momentum
NCLAT clears Sapphire Media's acquisition of Big 92.7 FM, upholds order
Earlier, the National Company Law Tribunal (NCLT) cleared Sapphire Media's resolution plan in a ruling on May 6, 2024, with the plan being filed for approval by the resolution professional in NCLT
Razorpay announces ESOPs of Rs 1 lakh each for over 3,000 employees
The payments fintech is currently in the process of reverse flipping from the United States (US) to India. The firm expects to complete the domicile shift sometime in 2025
Wipro names Ranjita Ghosh as global chief marketing officer effective Feb 1
Ghosh takes the chair from Laura Langdon, who has decided to explore career opportunities outside Wipro, a company statement said.
Google's proposed search result changes get thumbs up from EU airlines
Google has announced a series of changes in search result formats in recent months following conflicting demands from price-comparison sites, hotels, airlines and small retailers
Renault-Nissan's Indian ties in question amid Honda-Nissan merger talks
Nissan Motor India declined to comment on the matter. Honda Cars India too did not comment
NTPC to establish green hydrogen infrastructure in Odisha under MoU
The NTPC is operating the green hydrogen blending project in Surat for the last two years and has taken similar mobility initiatives in Leh, Greater Noida, and Gujarat's Kandla
USFDA restricts imports of certain Viatris drugs made at India facility
The FDA has issued a warning letter to Viatris related to its drug manufacturing facility in Indore in the central Indian state of Madhya Pradesh