Aditya Birla Renewables is seeking $1.5 billion in rupee-denominated loans to fund the acquisition of Shell Plc’s Indian renewable energy arm and avoid a costlier bridge debt, three bankers aware…
Category: Companies
Quest Global shifts domicile to India ahead of IPO
Quest Global has shifted its domicile to India ahead of a planned IPO next year and is looking to accelerate growth through acquisitions, which could contribute 5–10 per cent to…
KONE inaugurates digital experience centre in Pune
KONE, manufacturer of elevators and escalators, on Friday inaugurated its first Digital Experience Centre (DEC) in Pune. This marks an important milestone in its digital transformation journey and commitment to…
Fabience to set up ₹50 cr greenfield furniture facility in Hyderabad
Premium furniture brand, Fabience, will be setting up a greenfield plant in Hyderabad with an investment of ₹50 crore. The upcoming project is expected to be completed by next year…
MEA criticises US tech visa crackdown
The Ministry of External Affairs (MEA) has criticised the United States’ decision to freeze the permanent labour certification process for select tech firms, such as , , and , stating…
₹3 cr per month salary? Meet India’s ‘highest-paid’ bank CEO – ICICI veteran and HDFC’s Anup Bagchi
Anup Bagchi, who is set to take charge of , could become India’s “highest-paid” bank CEO, with the country’s largest private sector lender proposing an annual pay package of up…
POP partners with LazyPay to launch POPchop: How the new ‘pay in instalments’ feature works and who can use it
POP, a fintech and commerce platform targeting Gen Z and young Indian consumers, announced the launch of POPchop, a ‘pay-in-instalments’ offering enabled in partnership with buy-now pay-later platform LazyPay. The…
US PERM suspension: How the move could impact Indian IT companies
The suspension of the permanent labour certification (PERM) process in the US could add yet another layer of uncertainty for Indian IT services companies, already grappling with tighter immigration rules…
SAP India challenges order to restore software services to Nayara Energy
Mumbai: SAP India has moved the Delhi High Court to challenge a single-judge order directing it to restore software support services to . The German tech giant appealed the 21…
Investors cheer TCS Q2 report card despite slowest growth in three years
Shareholders cheered Tata Consultancy Services (TCS) Ltd’s second-quarter report card, sending its stock up nearly 6% on Friday – a day after the earnings announcement – reflecting optimism in its…