Ali Waghbakriwala, Author at Equitypandit

Reliance Retails Ventures Makes Offer for Future Enterprise Along with Jindal, GBTL

Ali WaghbakriwalaJuly 12, 2023July 12, 2023

by Ali WaghbakriwalaJuly 12, 2023July 12, 202302384

Mukesh Ambani-led Reliance Retail Ventures, Jindal (India) Ltd, and Donear Industries-owned textile maker GBTL Ltd have submitted a resolution plan for bankrupt Future Enterprise Limited...

MARKETS

Enhanced Surveillance by DGCA Causes SpiceJet Shares to Tank 11%

Ali WaghbakriwalaJuly 12, 2023July 12, 2023

by Ali WaghbakriwalaJuly 12, 2023July 12, 202304274

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...

BUSINESS

No Public Sector Bank to be Privatised Till 2024 General Election

Ali WaghbakriwalaJuly 12, 2023July 12, 2023

by Ali WaghbakriwalaJuly 12, 2023July 12, 202302599

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,...

BUSINESS

Wipro Plans to Invest $1 Billion in AI

Ali WaghbakriwalaJuly 12, 2023July 12, 2023

by Ali WaghbakriwalaJuly 12, 2023July 12, 202302305

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...

MARKETS

Minda Bags Rs 750 Crore Order for EV Battery Chargers; Shares Hit Record High

Ali WaghbakriwalaJuly 12, 2023July 12, 2023

by Ali WaghbakriwalaJuly 12, 2023July 12, 202302498

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...

BUSINESS

Center Orders Probe into Byju’s Account Books

Ali WaghbakriwalaJuly 12, 2023July 12, 2023

by Ali WaghbakriwalaJuly 12, 2023July 12, 202302211

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...

BUSINESS

Tata Group Becomes India’s First iPhone Manufacturers

Ali WaghbakriwalaJuly 12, 2023July 12, 2023

by Ali WaghbakriwalaJuly 12, 2023July 12, 202303289

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...

BUSINESS

Tata Communication Company to Acquire Remaining Stake in Oasis Smart Sim Europe SAS

Ali WaghbakriwalaJuly 11, 2023July 11, 2023

by Ali WaghbakriwalaJuly 11, 2023July 11, 202302866

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...

BUSINESS

CFO of Uber to Step Down in Most Senior Executive Exit Since IPO

Ali WaghbakriwalaJuly 11, 2023July 11, 2023

by Ali WaghbakriwalaJuly 11, 2023July 11, 202302752

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....

MARKETS

OLX India to be Acquired by CarTrade for Rs 537 Crore

Ali WaghbakriwalaJuly 11, 2023July 11, 2023

by Ali WaghbakriwalaJuly 11, 2023July 11, 202302736

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...

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EquityPandit

Author : Ali Waghbakriwala

Reliance Retails Ventures Makes Offer for Future Enterprise Along with Jindal, GBTL

Enhanced Surveillance by DGCA Causes SpiceJet Shares to Tank 11%

No Public Sector Bank to be Privatised Till 2024 General Election

Wipro Plans to Invest $1 Billion in AI

Minda Bags Rs 750 Crore Order for EV Battery Chargers; Shares Hit Record High

Center Orders Probe into Byju’s Account Books

Tata Group Becomes India’s First iPhone Manufacturers

Tata Communication Company to Acquire Remaining Stake in Oasis Smart Sim Europe SAS

CFO of Uber to Step Down in Most Senior Executive Exit Since IPO

OLX India to be Acquired by CarTrade for Rs 537 Crore

EquityPandit