Economy

New Delhi : JSW Group is expected to make a $7 billion bid for Holcim AG's Indian subsidiaries Ambuja Cements Ltd and ACC Ltd, the Financial Times reported. The company will offer $4.5 billion in its own equity and $2.5 billion from…
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New Delhi : The Delhi High Court on Tuesday dismissed a writ petition filed by JBM Ecolife Mobility Private Ltd challenging the rejection of its bid for the tender floated by Convergence Energy Services Ltd (CESL). The bid was for…
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Chennai:  The life insurance business this fiscal will face some pressure owing to a combination of factors like reversing interest rate cycle, volatility in the stock markets, high inflation and the return of postponed discretionary…
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Bengaluru:  Fintech platform Razorpay on Tuesday announced its fourth and largest employee stock ownership plan (ESOP) buyback sale for 650 existing and former employees for a $75 million (nearly Rs 578 crore) transaction. To date,…
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New Delhi:  The Delhi High Court on Tuesday granted bail to Krishnan Subramanian, the former group CEO of Religare Enterprises Ltd, who was arrested in connection with an alleged Rs 2,397 cr financial fraud case last year. On December 9,…
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New Delhi:  Leading fintech platform BharatPe on Tuesday said it has initiated necessary action against the company's former founder Ashneer Grover to "claw back his restricted shares as per the shareholders' agreement" and will take all…
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Chennai: In a largest private equity funding of an eyecare provider, city based Dr. Agarwal's Health Care Ltd (AHCL) has raised Rs 1,050 crore from TPG Growth and Temasek, said a top group official. "This is the largest private equity…
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New Delhi: Lumax Industries Ltd has filed a suit in Delhi High Court seeking to restrain Hindustan Auto Industries Ltd in relation to a dispute on purported trademark infringement and device marks. The dispute is already pending before a…
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Chennai: The famous Dharmapuri mangoes of Tamil Nadu are set to get expensive as a result of pest attack leading to its shortage, leaving the horticulture department and the farmers a worried lot. Famed across South India for their taste…
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New Delhi: Indian equity benchmarks traded steady in early deals on Tuesday after a sharp slump the previous day. Rupee too took a breather as it has appreciated from its all-time low of 77.42 the previous day to 77.25 this morning.…
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