Enhanced Surveillance by DGCA Causes SpiceJet Shares to Tank 11%
Budget carrier SpiceJet share prices fell 11% intraday on July 12 after reports that the aviation regulator put the company under enhanced surveillance. The Directorate...
Author : Ali Waghbakriwala
No Public Sector Bank to be Privatised Till 2024 General Election
According to a Top government official, the privatisation of Public Sector Banks (PSB) is unlikely to happen before the 2024 general election. The official added,...
Wipro Plans to Invest $1 Billion in AI
Indian IT giant Wipro Ltd announced that it plans to Invest $1 billion in Artificial Intelligence (AI) over 3 years. The investment will focus on...
Minda Bags Rs 750 Crore Order for EV Battery Chargers; Shares Hit Record High
Shares of auto parts maker Minda Corporation Ltd hit record high on Tuesday after the company said it had bagged a Rs 750 crore contract...
Center Orders Probe into Byju’s Account Books
The Indian government has ordered an inspection into the account books of edtech startup Byju’s account books. The Ministry of Corporate Affairs has sought a...
Tata Group Becomes India’s First iPhone Manufacturers
Tata Group is closing in on a deal to acquire Apple’s Supplier Wistron’s Factory in India. The company is valued at over $600 million and...
Tata Communication Company to Acquire Remaining Stake in Oasis Smart Sim Europe SAS
Tata Communications International Pte Ltd., a wholly owned arm of Tata Communications, said it has entered into a share purchase agreement to acquire the remaining...
CFO of Uber to Step Down in Most Senior Executive Exit Since IPO
Uber Technologies Inc Chief Financial Officer (CFO) Nelson Chai has planned to resign. This marks the most significant executive departure since the company’s IPO 2019....
OLX India to be Acquired by CarTrade for Rs 537 Crore
Mumbai-based used cars platform CarTrade Tech Ltd is set to acquire a 100% stake in Sobek Auto India Pvt Ltd, the entity that houses the...