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Reuters

Bharti Hexacom jumps 54% in debut trade at over $5 bn valuation

TMT

12 April, 2024

Bharti Hexacom jumps 54% in debut trade at over $5 bn valuation

Bharti Hexacom's shares surged 54.4% in their trading debut on Friday, beating analysts' expectations and valuing the Indian telecom operator ......

IndusInd Bank promoters to acquire 60% of Invesco's India arm

Finance

09 April, 2024

IndusInd Bank promoters to acquire 60% of Invesco's India arm

Promoters of private lender IndusInd Bank will buy a 60% stake in the Indian arm of global asset manager Invesco, ......

Paytm Payments Bank CEO Surinder Chawla resigns

Finance

09 April, 2024

Paytm Payments Bank CEO Surinder Chawla resigns

India's Paytm said on Tuesday that Surinder Chawla had resigned as the chief executive officer and managing director of its ......

Ola to stop ride-hailing operations in international markets

TMT

09 April, 2024

Ola to stop ride-hailing operations in international markets

Ola said on Tuesday it was exiting its ride-hailing businesses in the UK, Australia and New Zealand as the startup ......

Pegatron in talks with Tata to sell its only India iPhone plant

Manufacturing

08 April, 2024

Pegatron in talks with Tata to sell its only India iPhone plant

Pegatron is in advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata ......

Space startup Agnikul delays maiden rocket launch again

TMT

08 April, 2024

Space startup Agnikul delays maiden rocket launch again

Indian aerospace startup Agnikul Cosmos postponed the maiden launch of its Agnibaan rocket again, people at the launch site said ......

Bandhan Bank CEO Chandra Shekhar Ghosh to retire in July

Finance

05 April, 2024

Bandhan Bank CEO Chandra Shekhar Ghosh to retire in July

India's Bandhan Bank said on Friday its Managing Director and Chief Executive Chandra Shekhar Ghosh would retire on July 9, ......

Zee Entertainment to slash 15% of workforce after two deals collapse

TMT

05 April, 2024

Zee Entertainment to slash 15% of workforce after two deals collapse

Indian broadcaster Zee Entertainment said on Friday it is cutting 15% of its workforce in its latest bid to trim ......

Byju's breached terms of loan from Manipal's Pai, Aakash stake sale blocked: Arbitrator

TMT

05 April, 2024

Byju's breached terms of loan from Manipal's Pai, Aakash stake sale blocked: Arbitrator

Indian ed-tech startup Byju's breached terms of loans worth $42 million and has been asked by an arbitrator not to ......

RBI holds key rate steady on robust growth, above target inflation

Economy

05 April, 2024

RBI holds key rate steady on robust growth, above target inflation

The Indian central bank's key interest rate was kept unchanged for a seventh straight policy meeting on Friday as growth ......