Infosys Lands $1.6B Breakthrough Deal: Unveiling Liberty Global’s Digital Transformation
Infosys, a prominent Indian IT services provider, has secured a significant deal worth €1.5 billion ($1.6 billion) from Liberty Global. This agreement, announced on August 15, marks the third major…
Vijay Shekhar Sharma Goes All In, Becomes Largest Shareholder in Paytm
An overseas entity owned by Vijay Shekhar Sharma will acquire a 10.3 percent stake in Paytm from Antfin through an off-market transfer. This move will increase Sharma's shareholding in Paytm to…
‘Made In China’ Jiobook: Reliance Retail’s Domestic Laptop Production
Reliance Retail is exploring avenues for domestic manufacturing of its newly launched laptop, responding to the Union Government's import restrictions on laptops, tablets, personal computers, and servers. New JioBook Launch…
Air India’s Estimated Loss at End of FY23: Rs 14,000 Crore
5 Must Know Things about Air India's ✈️ Write-off of Old Planes, Engines, and AirAsia India Air India's losses of 14000 crore in FY23 were due to significant write-offs, including…
IndiGo Soars High: Records Highest Quarterly Profit in Q1 2023
April-June 2023 Period New Delhi: IndiGo, the largest Indian carrier, achieved a remarkable milestone by reporting the highest-ever quarterly profit among Indian airlines. In the first quarter of 2023, the…
Pfizer’s Q2 Profits Plummet: An Inside Look at Covid Product Sales Decline
Pharmaceutical major Pfizer, known for developing one of the major vaccines for Covid-19, has reported a significant decline in its second-quarter profit. The drop is attributed to a decrease in…
Dunzo’s Promise: 12% Interest on Withheld Salaries & Debt Repayment
Homegrown quick-grocery delivery provider Dunzo has promised employees to pay an interest of 12 per cent per annum on the salary component that it held back from June. In addition, the startup…
Adani $1.1 Billion Copper Project to Start Operations from March 2024
Billionaire Gautam Adani-led group's copper-producing factory at Mundra in Gujarat is set to commence operations from March next year, aiding India's energy transition and reducing its dependence on copper imports,…
Tata Sons to Build 40GW Battery Gigafactory in UK: Revolutionary Investment in Electric Mobility and Renewable Energy
Tata Sons has announced its plans to establish a global battery cell gigafactory in the United Kingdom (UK). This state-of-the-art facility will have a production capacity of 40GW annually, contributing…
Gautam Adani Responds to Hindenburg Report, Asserts Group’s Governance | Adani Group News
A Supreme Court Expert Committee studying Hindenburg allegations, which made its report public in May 2023, found no instances of regulatory failure, he said. 1. Adani Group's Response to Hindenburg…
Vistara-Air India Merger Progressing: CEO Confirms Regulatory Approvals by April 2024
According to Vistara CEO Vinod Kannan, the merger between Vistara and Air India is progressing smoothly, and the airline anticipates obtaining all necessary regulatory approvals by April 2024. Last November,…
Adani Group Groundbreaking Power Project for Bangladesh – A Game Changer?
The Adani Group announced on July 15 the commissioning of India's first transnational power project at Godda in Jharkhand. This project aims to supply electricity to the Bangladesh electricity grid.…
