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Phi Capital exits Minda Corp, sells stake to institutional investors

Fund realises net consideration of Rs 329 cr at a trailing EV/EBITDA

Adani Ports versus Deloitte: Auditors' role comes under sharp focus

38 auditors resigned in 2022-23, compared with 46 the previous year

Deloitte, Adani Ports & SEZ spar over Hindenburg Research's claims

Had sought external examination of Hindenburg's allegations: Deloitte

NCLT approves Zee Ent-Sony India merger, dismisses all objections

Zee Entertainment soars 18% after merger clearance

Satellite TV firm Tata Play reports Rs 105 cr loss in FY23, plans IPO

Investor sentiment for offering may dampen due to company's performance, says one banker

Tata aviation companies report higher loss of Rs 15,532 crore in FY23

In 2022, the Tata group had acquired Air India from Rs 2,700 crore in cash and had taken over liabilities of Rs 15,986 crore from the Indian government

Tata Sons Chairman Chandrasekaran earns Rs 113 cr as FY23 remuneration

With this, Chandra has emerged as one of the highest-paid chief executive officers (CEO) in Corporate India for FY23

I'm paranoid about producing best leaders for the company: L&T's AM Naik

'Now, all national sectors are of interest to me, for instance nuclear'

Tender process for large projects is broken: L&T chairman A M Naik

Citing a survey conducted in January, the L&T chairman said Modi's approval rating is highest at 78 per cent, which is way ahead of US President Joe Biden at 40 per cent

Qatar fund buys 2.7% stake in Adani Green for Rs 3,920 cr via block deals

This investment comes hot on the heels of reports that the same fund is considering the acquisition of a one per cent stake in Reliance Retail Venture

Lenders bet on Reliance Retail Ventures for Future Enterprises revival

Lenders say RRVL, if its offer is accepted, will get access to two insurance JVs which are currently owned by Future Enterprises with Generalli which gels with RIL's financial services business

Dharavi revamp plan set for legal battle; HC to hear petition on Monday

Bombay HC to hear petition filed by Seclink on Monday

Promoter to sell 4.3% stake in Vedanta to raise $500 mn for debt repayment

The shares will be sold at 5 per cent discount to the closing price of Vedanta at Rs 272 a share

Adani group-company Ambuja Cement to buy Sanghi Cement for Rs 6,000 cr

The group, which owns Ambuja Cement, will invest Rs 4,500 cr in acquiring the promoters' stake and take over the company's debt of Rs 1,500 cr

Dharavi redevelopment may dampen real estate prices in Mumbai

Niranjan Hiranandani, managing director of Hiranandani Group, says the rehabilitation needs to be accomplished in a timely manner

ChrysCap joins Nirma, Sekhmet in race to snap up Glenmark Life Sciences

Nirma, Sekhmet Pharma had also submitted binding bids on Monday

Tata Industries reports Rs 2,043 crore loss on Tata Unistore sale

Tata Cliq portal was sold to Tata Digital in December last year

Reliance Naval debt resolution stuck as bidder seeks more time to pay

Hazel Mercantile sought additional time to pay the upfront cash as it cited market upheaval for its inability to raise funds by the deadline

Blackstone, Baring in race to acquire up to 20% stake in pharma firm Cipla

Cipla shares closed 9.6 per cent up on Thursday to Rs. 1,175

Nirma looks to raise up to Rs 7,000 crore to fund buys and expansion

The unlisted company posted revenues to the tune of Rs 11,403 crore in fiscal 2023