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Set to launch state-of-the-art healthcare ecosystem, says Gautam Adani

First project under Rs 60,000 cr CSR corpus

Prosus, Peak XV Partners, CZI confirm stepping down from Byju's Board

The resignations by the auditor and board members complicate the troubles that the company is facing

Indices post first weekly decline in five weeks; Sensex falls 260 points

The Nifty Smallcap index, however, managed to eke out 1.5 per cent gains for the week

Reserve Bank of India purchased $7.7 billion in April, highest in 2 years

The rupee gained 0.4 per cent in April against the dollar.

Drone manufacturing firm ideaForge raises Rs 255 cr from anchor investors

The company's IPO opens for subscription on Monday. ideaForge is looking to issue new shares worth Rs 240 crore in the IPO, which will also see Rs 327 crore worth of secondary sale

Irdai says prior nod not needed for ULIPs; extends 'use and file' procedure

Move aimed at ease of doing business, says IRDAI

Adani stocks tumble on US inquiry concerns; group losses Rs 48k cr in m-cap

During the week, the Adani group lost $9 billion in market cap - most in nearly four months

Kotak Investment Advisors invests Rs 732 cr in RattanIndia Power NCDs

The infusion is part of the total investment of Rs 1,125 crore by a consortium of lenders

AdaniConneX raises $213 mn for setting up 2 data centres in Chennai, Noida

Joint venture says Indian and international banks have committed financing for the project

Vienna holds on to crown of world's most liveable city, shows data

New Zealand's Wellington rose 35 spots to take 23rd place, while Auckland rose 25 places at number 10.

Carlyle Group sells 18.4 million shares of Delhivery for Rs 710 crore

Shares of Delhivery closed at Rs 386.65, down 0.5 per cent.

Sylvester daCunha, creator of Amul's 'utterly butterly' girl, passes away

The Amul girl, with a buttered toast in one hand and a prompt one-liner on her lips, has been a commentator on the zeitgeist for 50 years

Sebi cracks down on bulk SMS scam, bars 135 entities from securities market

Impounds Rs 126 cr of wrongful gains; issues notices to over 200 entities

Tamil Nadu govt defends Fintech City contract, says process transparent

Company that won deal for project is not blacklisted, it says after criticism

abrdn Investment exits HDFC Asset Management Company; shares soar 11%

The investment firm sold 21.77 million shares at Rs 1,873 apiece to mop up a total of Rs 4,079 crore.

Compromise with wilful defaulters to help banks recover dues much faster

RBI says compromise settlement is not a new regulation, has been around for over 15 years; But unlike normal defaulters, wilful and fraud accounts barred from availing bank finance for 5 years

Rakesh Bhartia withdraws nomination as Fino PB part time chairman

To continue as board member, RBI yet to approve for chairman

Sebi raps Edelweiss Broking for not reporting suspicious activity

The matter is related to dematerialisation and sale of shares in dormant accounts using forged documents by certain entities between 2008 and 2013

IRDAI moves Supreme Court against SAT's order in Sahara-SBI case

SAT had last week stayed IRDAI's order directing transfer of policy liabilities, entire business as well as well as assets of Sahara to SBI

HMA Agro Industries' IPO subscribed 32% on the first day of issue

HMA Agro Industries is one of India's largest exporters of frozen buffalo meat products and accounts for more than 10% of India's total export of frozen buffalo meat