Coworking firm Incuspaze has acquired Hyderabad-based iKeva, a workspace operator with a strong presence in Hyderabad and Bengaluru, through a 100 per cent buyout transaction. The integration is expected to…
Category: Companies
Air France-KLM CEO signals openness to joint bid with Castlelake for Easyjet
Air France-KLM Chief Executive Officer Ben Smith has indicated a willingness to explore a potential involvement in a takeover bid for EasyJet Plc, stating he would entertain a proposal from…
Rajesh Exports: Sent 400 GB docs to Sebi, regulator couldn’t locate files; will resubmit in 15 days
NEW DELHI: Gold refiner and jewellery exporter Rajesh Exports on Sunday said it had already submitted 300-400 gigabytes of documents to markets regulator Sebi but believed the watchdog had been…
Tata Motors CV redraws strategy to reduce dependence on truck cycle: Chandrasekaran
’ commercial vehicles business is overhauling its business model to reduce dependence on India’s cyclical truck market as geopolitical disruptions, freight volatility and technology shifts reshape the global commercial mobility…
Rajesh Exports likely to be dropped from PLI scheme, final decision in days: Sources
The Ministry of Heavy Industries (MHI) is set to decide in the coming days on removing Rajesh Exports from the list of beneficiaries under the production-linked incentive (PLI) scheme for…
Tata Steel ramps up Newport ops in UK as fire causes ‘substantial damage’ at Port Talbot
The fire that broke out at Tata Steel’s Port Talbot facility in the UK on the night of 3 June has caused “substantial damage” to parts of the plant, according…
Indian firms received far less govt support than Chinese peers during 2005-24: OECD report
Indian firms received significantly lower government support than their Chinese counterparts during 2005-2024, according to an OECD (Organisation for Economic Co-operation and Development) report. OECD MAGIC Database of Industrial Subsidies…
Powerlook eyes ₹1,000 crore revenue by FY30 on aggressive growth plans
Homegrown men’s fast-fashion brand Powerlook is eyeing ₹800-1,000 crore revenue by 2029-30, following aggressive expansion of its retail presence across the country, a top company executive has said. The company,…
Canara Bank says Rajesh Exports exposure poses no risks, recoveries underway
MUMBAI: Canara Bank expects no material financial hit from its exposure to Rajesh Exports, newly appointed managing director and chief executive officer Brajesh Kumar Singh said, seeking to reassure investors…
NCLAT quashes Ligare Aviation’s insolvency; loan from Religare Enterprises round-tripping of money
The National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against Ligare Aviation Ltd, holding that the NCLT erred in admitting the plea filed by Religare Enterprises without…