Billionaire industrialist Kumar Mangalam Birla was on Wednesday awarded Padma Bhushan, India’s third highest civilian award, for his contribution to the field of trade and industry. K M Birla, the…
Category: Companies
Centre to sell up to 3.5% stake in Hindustan Aeronautics Ltd via offer for sale
The Centre is planning to sell up to 3.5 per cent stake in aerospace and defence PSU firm Hindustan Aeronautics Ltd (HAL) through an offer for sale (OFS), it said…
Parle Agro’s Nadia Chauhan on the company’s push to create new brands, categories
For Nadia Chauhan, Joint MD and Chief Marketing Officer of Parle Agro, it’s not only about creating new brands but also categories. When she joined the family business nearly two…
Adani-Hindenburg row: S&P says future ratings action of Adani Group will depend on THESE parameters
S&P Global Ratings on Wednesday said that it is closely monitoring additional information on the Adani Group’s governance and funding to decide on its ratings action. In the last week…
India produces 187 new billionaires; 70% are from these 3 cities
Mumbai, New Delhi and Bengaluru featured among the top 25 global cities, producing the most number of billionaires, as per the 2023 M3M Hurun Global Rich List. As many as…
Mumbai is home to 66 billionaires, Byju Raveendran’s wealth at $3.3 bn: Key findings from Hurun Global Rich List
India continues to be the third largest billionaire producing nation in the world with 187 billionaires residing in India and 16 new additions, as per the 2023 Hurun Global Rich…
Mukesh Ambani is only Indian among world’s top 10 billionaires, shows Hurun Global Rich List
Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL), is the only Indian in the world’s top 10 billionaires list, according to the latest Hurun Global Rich List.…
Hindenburg impact: Gautam Adani lost Rs 3,000 cr every week over last 12 months, says Hurun report
Adani Group chairman Gautam Adani bore the brunt of the scathing Hindenburg report as he slipped from the position of world’s second richest billionaire to the 23rd slot, showed M3M…
IFC to invest Rs 600 crore in Mahindra’s new last mile mobility company
International Finance Corporation (IFC), a member of the World Bank Group, will invest Rs 600 crore in Mahindra and Mahindra’s wholly-owned subsidiary, a newly incorporated last mile mobility company. The…
Ola Electric to raise $300 mn for expansion plans
E-vehicle manufacturer Ola Electric is close to raising funds of around USD 300 million for its expansion plans and to meet other corporate needs, sources close to the company said.…