Business

Nita Ambani, founder and chairperson of Reliance Foundation, is likely to head the entity formed upon the merger of Viacom 18 and Sony India. The media assets in the country of Reliance Industries Limited (RIL) and the US-based Walt Disney…
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Equity benchmark indices began the trade on a weak note on Tuesday tracking sluggish global market trends and fresh foreign fund outflows. The 30-share BSE Sensex declined 130 points to 72,660.13 in early trade. The Nifty dipped 36.4…
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Bitcoin retook the $55,000 level for the first time since late 2021, supported by investor demand through exchange-traded funds as well as further purchases by MicroStrategy Inc. The largest digital asset added 1% to reach $55,112 as of…
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The initial public offering (IPO) of GPT Healthcare was oversubscribed on the final day of bidding on Monday. A strong push from qualified institutional investors (QIBs) and non-institutional investors (NIIs) helped the IPO gain momentum…
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The Enforcement Directorate (ED) has summoned Niranjan Hiranandani and his son Darshan Hiranandani. The promoters of prominent Mumbai-based real estate developer Hiranandani Group, for questioning in a foreign exchange violation case on…
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A day after shareholders of the ed-tech firm Byju's voted to remove its founder-CEO Byju Raveendran from the board, the 44-year-old businessman asserted that he continues to be the firm's CEO and management remains unchanged. In a note to…
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Indian airline Go First has received two financial bids as part of its bankruptcy process, two bankers who attended a meeting of the airline's creditors said on Saturday. Managing director of Spicejet Ajay Singh, along with Busy Bee…
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Crisis-hit edtech star Byju's has contested Friday's decision of its shareholders to oust its founder as the chief executive officer. The company said the resolutions taken at the shareholders' meeting were "invalid" since its founders…
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Prepaid payment instruments (PPIs) managed by both banks and non-banking institutions can now be used to make payments for public transport systems, the Reserve Bank of India (RBI) announced on Friday. “Public transport systems across the…
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The Reserve Bank of India (RBI) on Friday said it has advised National Payments Corporation of India (NPCI) to examine One97 Communication Limited's request seeking approval for the Third-Party Application Provider (TPAP) route for…
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