Market regulator Securities and Exchange Board of India (Sebi) has said that it is currently looking into the specific allegations made by US-based short seller Hindenburg Research against the Gautam…
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HDFC-HDFC Bank merger: NCLT reserves order after hearing HDFC, HDFC Bank’s counsels
The National Company Law Tribunal (NCLT) on Tuesday reserved the order for the merger of the Housing Development Finance Corporation (HDFC) and HDFC Bank, according to sources. The NCLT has…
What will happen to Vistara’s 5000 employees after it merges with Air India?
Air India’s Chief Executive Officer Campbell Wilson announced on Monday that the Tata Group plans on scrapping the brand Vistara, another airline owned by the Tata group of companies, after…
India’s GDP growth slows down to 4.4% in Q3
Indian economy slowed further to 4.4 per cent growth rate in the October-December quarter of the current fiscal on account of week demand and high inflation, showed government data on…
Rise of value e-commerce: Shopsy already accounts for 40% of Flipkart’s new customers
India’s $72- billion e-commerce sector has grown by leaps and bounds, especially post the rollout of Reliance Jio, which put mobile internet in the hands of practically every Indian. While…
India’s Q3 GDP growth slows to 4.4%
Indian economy slowed further to 4.4 per cent growth rate in the October-December quarter of the current fiscal, showed government data on Tuesday. The GDP prices in Q3 are estimated at Rs…
SBI-backed Cashfree Payments acquires checkout platform Zecpe
State Bank of India (SBI)-backed Cashfree Payments, a payments and API banking company, has acquired one-click checkout platform Zecpe for an undisclosed amount. Zecpe will now operate as a wholly-owned…
Microsoft co-founder Bill Gates visits RBI office, holds discussions with Governor Shaktikanta Das
Microsoft co-founder Bill Gates on Tuesday visited the Reserve Bank of India (RBI) office in Mumbai and met Governor Shaktikanta Das. In a tweet, the central bank said that Gates…
What’s wrong with Anil Agarwal’s Vedanta Group? All you need to know
The mining giant Vedanta Group is grabbing the attention for all the wrong reasons, especially after the Adani Group fiasco has come to the fore. The group’s London-based entity, Vedanta…
G20 meeting: Japan says it’s undecided on who will attend foreign ministers’ meet in India
Japan has said that it is yet undecided on who will represent the country at the foreign ministers’ G20 meeting in India, starting on Wednesday. This comes after reports suggesting…