Adani Transmission to announce debt refinancing plans in a few weeks

Adani Transmission will announce debt refinancing plans in a few weeks, executives said on Tuesday in an investor call, according to a source with direct knowledge of the matter. The company,…

J&J loses challenge to $302 mln judgment over pelvic mesh marketing

The U.S. Supreme Court on Tuesday let stand a $302 million judgment against Johnson & Johnson in a lawsuit brought by the state of California accusing the company of concealing…

Hindenburg effect: Gautam Adani’s net worth slips to around $46 bn on massive slide in m-cap, stocks 

  Billionaire and Adani Group chairman Gautam Adani’s net worth has been in a downward spiral much like the combined market cap of Adani Group and the value of the…

BEL signs two MoUs for the Advanced Medium Combat Aircraft programme with DRDO, Cisco

Defence PSU Bharat Electronics Ltd (BEL), which designs, manufactures and supplies state-of-the-art products and systems in a wide variety of fields, including Radars, Missile Systems, Military Communications, Naval Systems, to…

McKinsey to cut 2,000 jobs in one of its biggest layoffs

Consulting giant McKinsey & Co is planning to cut about 2,000 jobs, in one of its biggest round of layoffs, Bloomberg News reported on Tuesday, citing people with knowledge of…

Judge asks if Elon Musk’s $56 bn Tesla pay hangs on a legal ‘kill shot’

A trial challenging Elon Musk’s $56 billion pay at Tesla Inc may hang on whether a single material misleading disclosure to shareholders would void the compensation plan, which the judge…

After Adani Green, now Adani Transmission says it’ll announce debt refinance plans in a few weeks: Report

Adani Transmission will announce debt refinancing plans in a few weeks, executives said on Tuesday in an investor call, said a report on Tuesday. The company, a unit of the…

Investments in Indian cleantech space have been subdued, say experts

India is being seen as one of the most important economies that are on the cusp of the energy transition, experts at the IVCA Conclave noted. Anita Marangoly George, Founding Partner…

After IPL, Tata bags title sponsorship rights for Women’s Premier League

The Board of Control for Cricket in India (BCCI) on Tuesday announced Tata Group as the title sponsor of the inaugural Women’s Premier League.  “I am delighted to announce the…

Usha launches BEE 5-star rated Made in India RF remote control ceilings fans

Usha International, a leading name in consumer durables in India, has launched six new premium fan ranges, comprising a total of 54 models, ahead of the summer season. The new…