Some investors are attempting to offload debt linked to a Shapoorji Pallonji Group subsidiary at a discount as negotiations over refinancing and repayment extensions continue ahead of a key deadline
The lawyer added that there is little precedent for a federal court compelling prosecutors to continue pursuing a criminal case once the Justice Department has decided it should be dismissed
Zerodha has applied for a Category 1 merchant banking licence from Sebi, marking its entry into IPOs and corporate finance as it diversifies beyond broking
Waaree Energies said a US Customs investigation found no evidence that it exported solar modules made with Chinese-origin cells and that its US operations remain unaffected
The real estate developer's unrecognised revenue has swelled to around ₹65,000 crore, supported by strong housing sales and record booking values over the past three financial years
The realty firm has started construction of the first phase of a 6 mn sq ft office complex in Bengaluru, aiming to strengthen rental income portfolio while continuing to focus on residential growth
The fintech firm plans to raise up to $45 million through a private placement of shares next financial year to support the expansion of its MSME lending operations
Vaswani has said he will not seek re-appointment, and is stepping down for personal reasons; the bank has initiated the process of appointing a new MD&CEO
The board approved a proposal for the enhancement of borrowing limits from ₹1,80,000 crore to ₹2,20,000 crore, subject to the approval of the shareholders at the ensuing annual general meeting
The all-cash acquisition, backed by Nagarro's largest shareholder, will expand Persistent's European presence and is expected to take combined annual revenue to about $2.9 billion
The five-year contract covers maintenance of 250 WAG-12B locomotives at Alstom's Nagpur depot under a renewed agreement with its joint venture with Indian Railways
Taiwanese electronics manufacturer increases its stake in the India unit as it expands iPhone production and accelerates investments in artificial intelligence and advanced manufacturing
