Hindenburg impact: Sebi investigating some Adani offshore deals for possible rule violations, says report

Markets regulator Securities and Exchange Board of India (Sebi) is reportedly looking into possible violation of ‘related party’ transaction rules in the Adani Group’s dealings with at least three offshore…

Fiscal deficit touches 82.8% of full-year target in February: Govt data

The central government’s fiscal deficit touched 82.8 per cent of the full-year target at the end of February, according to data released by the Controller General of Accounts (CGA) on…

Output of eight key infra sectors record almost flat growth at 6% in February

Production of eight infrastructure sectors recorded an almost flat growth rate of 6 per cent in February as against 5.9 per cent in the same month last year, according to…

India’s current account deficit narrows to 2.2% of GDP in Q3 from 3.7% in Q2

India’s current account deficit, a key indicator of the balance of payment position, fell down to $18.2 billion or 2.2 per cent of the GDP in the December quarter of…

PVR INOX launches 9 screens in Dehradun & Telangana’s Armoor; multiplex giant sees footfalls bounce back in south

Newly merged multiplex entity PVR INOX launched nine screens in Dehradun and Telangana’s Armoor on Friday as it expands into smaller towns and the more film-crazy southern part of the…

HUL, ABFRL named ‘digital disruptors’ in top e-commerce categories like grocery, fashion

Strategy consulting firm Redseer conducted extensive research on more than 1,000 companies with over 2,000 consumer brands across categories to identify the ones that have been most successful in building…

Consumer acceptance of 5G applications like wearable medical devices will take time, says Airtel’s top exec

While the government and industries are pinning high hopes on 5G, considering it as key which can unlock huge possibilities for India for bringing in transformation in crucial sectors ranging…

Unveiling the secrets behind Aditya Puri’s long-standing success as CEO of HDFC Bank

Aditya Puri is known as a tough taskmaster who built the private sector HDFC Bank into the country’s second-largest bank from scratch. In a three-decade period, the bank saw sustained…

Zee enters into a one-time settlement with Standard Chartered for credit facility availed by Siti Networks

Zee Entertainment Enterprises Ltd (ZEEL) has entered into a one-time settlement agreement with Standard Chartered Bank for the loan taken by Siti Networks, a part of the Essel Group. Standard…

Nestle’s Ching’s acquisition may spice up Indian FMCG market

Nestle SA., the world’s largest fast moving consumer goods (FMCG) player by revenue and the parent of Indian F&B major Nestle India, is eyeing to acquire an Indian brand –…