SMFG invests ₹1,075 crore in Indian NBFC subsidiary to fuel expansion initiatives.
Sumitomo Mitsui Financial Group has invested ₹1,075 crore into its fully owned subsidiary SMFG India Credit via a rights issue, underscoring…
Chalet Hotels to Purchase Seasons Hotels for ₹171 Crore; Udaipur Resort Set for Enhancement
On April 24, Chalet Hotels Ltd announced that its board has approved the acquisition of Seasons Hotels, the parent company of Inder Residency…
One8 Commune outlet in Bengaluru closes soon after Virat Kohli’s departure; refutes ₹2 crore rental default allegations.
Bengaluru’s premium dining venue, One8 Commune, closed its outlet shortly after Virat Kohli severed ties with the restaurant. The location,…
Tata Capital Reports Q4 Earnings | Net Profit Soars 34% to ₹527 Crore; Announces Dividend
On Thursday, April 23, non-banking financial company Tata Capital Ltd announced a 34% year-on-year rise in profit after tax (PAT) to ₹527…
Amazon India invests ₹2,800 crore to prioritize employee well-being.
Amazon India has revealed plans to invest over ₹2,800 crore (around $300 million) aimed at enhancing the safety, health, and financial…
Operation Mule Hunt 2.0: Eight Detained in Gujarat for Operating ₹288 Crore Cyber Fraud Scheme
Eight individuals arrested in a Gujarat cyber fraud investigation as Operation Mule Hunt 2.0 uncovers a ₹288 crore mule account scheme,…
Eveready establishes a ₹200 crore battery manufacturing facility in Jammu to enhance local output.
Eveready Industries inaugurates a new alkaline battery manufacturing facility in Jammu to enhance its premium battery production. Shares of…
CFO of Reliance Power and Two Others Arrested for Alleged ₹136 Crore Fraud in SECI Tender
The Economic Offences Wing (EOW) of Delhi Police has apprehended the chief financial officer (CFO) of Reliance Power Limited along with two…
Crisil Gets Income Tax Assessment Order for FY23, Facing ₹149 Crore Demand; Plans to Appeal
On Tuesday, April 21, Crisil Ltd, a domestic rating agency, announced that it has received an income tax assessment order dated April 21,…
Aurobindo Pharma Set to Initiate ₹800 Crore Buyback at ₹1,475 Per Share Starting April 23
Aurobindo Pharma Ltd announced on Tuesday (April 21) that it has filed the Letter of Offer for its equity share buyback worth up to ₹800 crore…