Cabinet approves HCL-Foxconn joint venture under semiconductor mission
The Union Cabinet on Wednesday approved a semiconductor manufacturing facility by HCL and Foxconn under the India Semiconductor…
China’s Ant Group sells $246 million worth of Paytm shares in block trade
China's Ant Group has offloaded 25.5 million shares of fintech firm Paytm in a block trade, raising approximately…
US, China agree to bring down reciprocal tariffs by 115% for 90 days
Amid ongoing discussions regarding a trade agreement, the United States and China have jointly declared a 90-day pause…
Avendus raises Rs 1,000 cr in first close of third structured credit fund
Avendus has raised more than Rs 1,000 crore in the first close of its third structured credit fund,…
KFC operator Sapphire Foods Q4 profit remains flat, revenue up 13%
Sri Lanka restaurant EBITDA margin improved by 250 basis points year-on-year to 14.8 per cent. Sales grew 19…
Union Bank’s ₹7.25 cr book purchase faces heat amid Subramanian’s IMF exit
The report comes amid Subramanian's recent exit from his post as India’s executive director at the International Monetary…
Can Fin Homes targets 20% disbursement growth in FY26 on rate relief
The housing finance company faced challenges in two of its major markets — Karnataka and Telangana — in…
Macrotech Developers to launch Rs 19k crore housing projects this fiscal
Realty firm Macrotech Developers Ltd plans to launch housing projects worth Rs 19,000 crore across Mumbai Metropolitan Region,…
Tech Mahindra to acquire 100% stake in Mahindra Racing UK for Rs 13.5 cr
This deal, executed through a share purchase agreement, involves TMLL acquiring 100 per cent shareholding in MRUK for…
India’s manufacturing PMI hits 10-month high of 58.2 in April, IIP rebounds
The seasonally adjusted index signalled the strongest improvement in the sector’s health since June 2024, driven by faster…