Walmart-owned Flipkart to acquire a stake in online pharmacy start-up Pharmallana

Walmart-owned Flipkart is reportedly in talks to acquire a stake in Bengaluru-based healthtech start-up Pharmallama, according to a report by Livemint. People familiar with the matter told Mint that Flipkart…

‘Karnataka lost big investment’: Mohandas Pai on Ola setting up EV hub in TN

As electric vehicle maker Ola Electric gears up to establish an EV hub in Tamil Nadu, former Infosys director and chairman of Aarin Capital Mohandas Pai expressed his disappointment on…

Adani row: Bank of Baroda says it will continue lending to the conglomerate; here’s why

Bank of Baroda will continue to lend money to the Adani Group, said the lender’s chief executive officer and managing director Sanjiv Chadha. He said that, however, the conglomerate has…

Adani row: Mahua Moitra takes a dig, highlights article from another ‘foreign conspirator’ on ESG red flags

All India Trinamool Congress MP Mahua Moitra took a dig at the Adani Group and said that another “foreign conspirator” has now published an article on the conglomerate accusing it…

Gautam Adani’s wealth slips below $50 bn as Hindenburg report jolts Adani Group’s fortunes

Billionaire and chairman of the ports-to-power conglomerate Adani Group Gautam Adani’s net worth slipped to less than $50 billion as of February 20. As per Bloomberg Billionaires Index, the billionaire’s…

Pepsico recalls some Starbucks vanilla frappuccino drinks in US

Pepsico Inc recalled more than 25,000 cases of Starbucks chilled coffee drink after glass was found in some of the bottles, the U.S. Food and Drug administration said in a…

Samvardhana Motherson Automotive signs pact to buy German firm for Rs 4,790 cr

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) on Sunday said it has inked a pact to acquire Germany-based SAS Autosystemtechnik GmbH at an enterprise value of 540 million euros (around…

‘Name the cricketer…’: Harsh Goenka’s post on Gautam Adani goes viral

Harsh Goenka, Chairman, RPG Enterprises asked his 1.7 million Twitter followers on Saturday if they could recognise a man from an old photo of him batting left-handed. “A well known…

‘We believe in grooming talent’: TCS’ top official says not planning layoffs, hiring those impacted from startups

Amidst layoffs in the various sectors, Tata Consultancy Services (TCS) has said that it is not considering any layoffs as it believes in grooming talent for longer careers once it hires…

Adani-Hindenburg row: DLF chairman on how he dealt with ‘blackmailers’ 15 years ago

DLF chairman K P Singh said what Adani Group is facing with Hindenburg Research is something he faced 15 years ago ahead of the real estate firm’s IPO.  Singh told…