BoAt, the consumer electronics brand, has secured an undisclosed investment from Bollywood actor Ranveer Singh and formed a strategic partnership. Ranveer Singh becomes part of boAt’s group of brand ambassadors, …
Suzlon Energy’s Q3 FY24 performance shows a 160% YoY increase in net profit, reaching ₹203 crore
Renewable energy solutions provider Suzlon Energy reported its Q3FY24 results, revealing a consolidated net profit of ₹203.04 crore. This marks a notable 160% improvement from the net profit of ₹78.28 …
Key Highlights of Budget 2024: Fiscal deficit target set at 5.1% of GDP for 2024-25; no adjustments to income tax slabs
Finance Minister Nirmala Sitharaman has introduced the Interim Budget 2024, emphasizing a focus on Social Inclusivity and Geographical Inclusivity to extend the humane and inclusive approach of the Government. The …
RBI Imposed Restrictions on Paytm Payments Bank and ordered to wrap up all operations by March 15 due to continuous non-compliance
The Reserve Bank of India (RBI) instructed Paytm Payments Bank to cease accepting new deposits in its accounts or popular wallets after February 29, 2024. The regulator conveyed to Paytm …
Swiggy’s revenue surged by 45% to reach Rs 8,625 crore in FY23, but the loss expanded to Rs 4,179 crore
Swiggy, the food and grocery delivery company, witnessed a 45% rise in operating revenue to Rs 8,265 crore in the fiscal year ending March 2023. Despite this growth, the net …
Tata Motors overtakes Maruti Suzuki as the most valuable automaker in India
Tata Motors has become the top-valued automobile company in India, considering both the parent company’s market capitalization and its DVR shares. As of Tuesday’s closing, the total market value of …
Bharat Electronics secures an order worth Rs 847 crore from the Finance Ministry
Bharat Electronics Ltd. has clinched orders totaling Rs 847 crore from the Finance Ministry, with a significant Rs 665.84-crore order specifically from the Central Board of Indirect Taxes and Customs. …
Deloitte Faces Scrutiny for Overlooking Alleged $462 Million Fraud at Tingo
US short seller Hindenburg Research uncovered a $470 million corporate scam in Nigerian firm Tingo, certified by the global arm of auditing firm Deloitte. As per a Forbes Africa report …
Byju’s aims to raise $200 million through a rights issue, marking a significant 99% cut in valuation
Cash-strapped edtech giant BYJU’S has initiated a $200 million rights issue to secure funds from its current investors. The company is aiming to raise the capital at a post-money valuation …
Hyderabad-based Azad Engineering defence to manufacture aircraft engine components for Rolls-Royce in the defence sector
On Monday, Rolls-Royce, the British aircraft engine manufacturer, forged a long-term partnership with Hyderabad-based Azad Engineering. Under this agreement, Azad Engineering will produce and supply intricate components for defence aircraft …