Bharti Enterprises, the conglomerate led by Sunil Bharti Mittal, announced on Monday that it has acquired a 24.5 percent stake in BT Group, valued at around 3.2 billion pounds. The deal represents the purchase of the stake of the British company’s largest shareholder, telecoms magnate Patrick Drahi, as his Altice group faces significant debt levels. … Read more
Voltas’ total revenue for the June quarter rose 45.81 per cent to Rs 5,001.27 crore. Photo: X@myvoltas 3 minutes reading time Last update: August 12, 2024 | 11:30 a.m. IS Air conditioner maker and engineering services provider Voltas Ltd on Monday reported a more than two-fold rise in consolidated net profit at Rs 335 crore … Read more
The conglomerate has always denied that any of its public shareholders are related to the family. Photo: Shutterstock.com 7 minutes reading time Last update: August 12, 2024 | 10:32 am IS By Andy Mukherjee It is fortunate for Narendra Modi that India’s parliament has been adjourned a day earlier than planned. Opposition parties would have … Read more
Vistara Airlines has announced the Freedom Sale promotion to celebrate India’s 78th Independence Day. The airline will be offering discounted fares for domestic and international destinations across all cabin classes. Domestic one-way fares will begin in ₹1,578 for Economy class to travel from Bagdogra to Dibrugarh, ₹2,678 for Premium Economy class from Mumbai to Ahmedabad, … Read more
Q1 results today: Dalal Street has a busy day ahead as the earnings season is in full swing and a host of companies will be reporting their Q1 results. Vodafone Idea, Alembic, Balrampur Chini Mills, Bajaj Hindusthan Sugar, Happiest Minds Technologies, NCC and NMDC are among the 500+ companies that will be announcing their Q1 … Read more
The markets regulator, the Securities and Exchange Board of India (SEBI) is scheduled to auction 19 properties, including buildings, flats and plots of land belonging to seven companies today, August 12, PTI reported. He companies They are Jivan Sathi Dream Projects, Mangalam Agro Products, Purusattam Infotech Industries, Sun Plant Business, Ravi Kiran Realty India, Sumangal … Read more
The capital will be used to support OYO’s growth and global expansion plans. | Photo: Bloomberg 2 minutes reading time Last update: August 11, 2024 | 10:41 PM IS Oravel Stays Ltd, the parent company of OYO, has raised Rs 1,457 crore from a consortium of investors in the latest round of funding, sources said. … Read more
Gupta had not submitted the application but was summoned for the interview, three sources familiar with the matter said. | Photo: Shutterstock 5 minutes reading time Last update: August 11, 2024 | 21:39 IS Nearly a dozen candidates appeared for an interview before a search and selection panel on Sunday seeking to appoint the new … Read more
In the first quarter of the fiscal year 2024-25, India Inc. has reported mixed results. As the earnings season nears its end, around 50 companies listed on the NSE and BSE will announce their Q1 FY2025 results this week, from August 12 to 17. Investors and analysts are eager to know how these companies will … Read more
MapmyIndia has claimed that Ola Electric licensed its APIs and SDKs and then incorporated and integrated them with its software. | Photo: Bloomberg 5 minutes reading time Last update: August 11, 2024 | 18:41 IS Homegrown digital navigation company MapmyIndia has questioned Ola parent company ANI Technologies’ claims about developing a navigation map for India … Read more
