Nykaa drives Falguni Nayar to be India#39;s wealthiest self-made female billionaire
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Nayar, who has pipped Biocon founder Kiran Mazumdar-Shaw in terms of assets, is now the second wealthiest woman in India after Savitri Jindal. She is richer than the Muthoot family, Marico founder Harsh Mariwala, and Asian Paintsâ Abhay Vakil.
Bharti Airtel, Oracle widen alliance to bring cloud solutions range to over 1 million enterprise users
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Oracle will leverage #39;Nxtra#39; by Airtel#39;s data centre network to expand its cloud presence in India. Further Airtel Business will offer Oracle Cloud Infrastructure to its million plus enterprise customers, according to a statement.
Tata Motors, Mahindra Mahindra dodge chip shortage with innovation
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Tata Motors and Mahindra Mahindra have lowered chip usage to reduce the waiting period, which is at 12 months for some vehicles. Tata Motors and Mahindra are estimated to have over 300,000 pending orders.
ITC Hotels new luxury brand #39;Mementos#39; to push managed property business
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«Our footprint is expanding across the length and breadth of the country. The asset right strategy supports our endeavour to create and curate immersive experiences for all travellers. Brand #39;Mementos#39; helps us deliver unique luxury stays across d
The issue for the secured redeemable non-convertible debentures (NCDs), bearing a coupon rate of 7.10 per cent per annum, will open for subscription on November 11, 2021, and close on the same day.
Petrol, diesel prices on November 10: Fuel rates stay unchanged for 6th day in row
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City Congress leaders and workers staged a protest near the Delhi Secretariat at ITO demanding that Chief Minister Arvind Kejriwal reduce VAT on petrol and diesel.
Hindustan Copper Q2 PAT rises seven-fold to Rs 68 crore
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The profit after tax was Rs 67.53 crore during the current quarter as compared to Rs 9.20 crore in the corresponding quarter of the previous year, the company said.
India#39;s coal import 12% drops to 94 MT in April-August
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India has been importing coal to bridge the gap between the requirement of coal and the domestic production in the country. The dependence on imports for coking coal mainly used in the steel sector has been predominantly due to limited domestic availability.
US producer prices rise 8.6%, matching September record high
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More than 60% of the September-October increase in overall producer prices was caused by a 1.2% increase in the price of wholesale goods as opposed to services.
Indraprastha Gas Q2 Earning: Net profit jumps 30% to Rs 400 crore on higher volumes
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IGL said it registered an average daily sale of 7.24 million standard cubic meters in the quarter as compared to 5.50 million standard cubic meters per day sales in the year-ago period, showing a growth of 32 per cent.
Storied General Electric to split into 3 public companies
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With its announcement Tuesday that it will spin off its healthcare business in early 2023 and its energy segment including renewable energy, power and digital operations in early 2024, General Electric may have signaled the end of the conglomerate era.
With the amended rules, the government has paved the way for releasing of additional minerals in the market by greater utilisation of mining capacities of captive mines.
The company#39;s total income during July-September 2021-22 rose to Rs 138.93 crore from Rs 91.54 crore in the same period of 2020-21, according to a regulatory filing by the company.
Moneycontrol Pro Panorama | What is really ailing LIC?
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In todayâs edition of Moneycontrol Pro Panorama: Tata Motors back in the game, Eicher kicks into top gear, economyâs Diwali sparkle, the crypto talk and more
Revenue from operations rose to Rs 4,907.81 crore in the second quarter as compared with Rs 4,244.43 crore in the year-ago period, MRF said in a regulatory filing.
Magenta sets up six EV charging hubs for e-commercial fleet vehicles in Bengaluru
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These charging hubs will cater to the charging and maintenance of vehicles and come with a control panel for the fleet operators to manage and supervise the state of charging, charging schedule, and vehicle service schedule, Magenta said.
ICICI Lombard launches key initiatives to help flood affected customers in Chennai
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The company, said it has proactively taken critical measures to support the customers in flood damaged regions in city and has launched SMS alerts to provide claims service to mitigate the hardships faced.
Tata Motors ties up with Bank of India for vehicle financing
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Under the partnership, BOI will provide loans to Tata Motorsâ customers at an interest rate starting from as low as 6.85 per cent, the company said in a statement.
HSBC exceeds China wealth hiring targets, explores India private banking re-entry
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Under a strategy spearheaded by Group CEO Noel Quinn, HSBC is ploughing $3.5 billion into its wealth and personal banking business, in line with its ambition to become Asiaâs top wealth manager by 2025.
Mastercard set to launch crypto-linked Payment Cards in Asia Pacific
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Mastercard#39;s new partners â Thailand-based Amber Group and Bitkub, along with Australia headquartered CoinJar offer cryptocurrency purchase and exchange services in their respective domestic markets
West Bengal to host Bengal Global Business Summit in April after 2-year COVID hiatus
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The business summit, a flagship programme where the state government showcases the business readiness and investment potential before the global business community, will be held on April 20-21, the official said.
McAfee to be bought by Advent-led group in $14 billion deal
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The deal comes as a pandemic-driven shift to remote working and a rise in cyber attacks have spurred demand for antivirus and digital security software.
The value fashion and lifestyle products retailer had posted a net loss of Rs 18.96 crore in July-September period a year ago, it said in a regulatory filing.
Through the platform, the company introduced a multi financier, end-to-end, online car financing solution, with a real-time loan tracking facility for its customers with features such as credit score-based interest rates, pre-approved, and custom generated lo
The money will be raised in one or more tranches, and the said issuance will be done on a private placement basis, SBI Card said in a regulatory filing.
Motherson Sumi Systems#39; board approves fundraising of up to Rs 1,000 crore via NCDs
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The companyâs board of directors in its meeting held on Monday approved the issuance of rated, listed, unsecured, redeemable NCDs of a face value of Rs 10 lakh each, Motherson Sumi Systems Ltd said in a regulatory filing.