Reliance Jio get approvals for 1,600-satellite LEO network
Reliance Jio has received a major boost in its satellite broadband ambitions after IN-SPACe (Indian National Space Promotion and Authorisation…
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Category: Companies & Business
News on major companies, retail and consumer brands.
Govt open to buying stake in semiconductor design startups
The Indian government is open to taking equity stakes in semiconductor design startups under the newly approved India Semiconductor Mission…
ITC Hotels to acquire GHK Hospitality for ₹155 crore
ITC Hotels has announced the acquisition of GHK Hospitality & Infrastructures Ltd. for an enterprise value of ₹155 crore, strengthening…
HCLTech acquires Guardian India Operations for $10.5 million
HCLTech has announced the acquisition of Guardian India Operations, the India Global Capability Centre (GCC) of The Guardian Life Insurance…
Ather’s Rs 1,300 crore QIP subscribed over 8x
Ather Energy’s ₹1,300-crore Qualified Institutional Placement (QIP) has received an overwhelming response from institutional investors, with the issue being subscribed…
PhysicsWallah buy 51% stake in Sarrthi IAS for ₹71.8 crore
PhysicsWallah (PW) has approved an investment of ₹71.81 crore in Sarrthi IAS, increasing its ownership in the UPSC coaching platform…
Jio Financial Q1 Profit Jumps 156% to Rs 830 Crore
Jio Financial Q1 profit jumped 156% year on year to Rs 830 crore as lending, payments, insurance and asset management…
Skyroot targets July 18 launch of India’s first private orbital rocket Vikram-1
Skyroot Aerospace is targeting July 18 for the maiden launch of Vikram-1, which, if successful, will become India’s first privately…
UPI merchant fee likely to be set at 5-7 basis points
The Government of India is reportedly considering the return of a Merchant Discount Rate (MDR) for large-value UPI transactions, with…
Kunal Shah steps down as Cred promoter, retains 20% Stake
CRED founder Kunal Shah has stepped down as the company’s promoter and resigned from its board of directors following his…