Reuters
Manufacturing
Adani-owned Ambuja Cements buys south Indian rival for $1.25 bn
India's Ambuja Cements said on Thursday that it has acquired Penna Cement Industries for an enterprise value of 104.22 billion rupees ......
TMT
Reliance's Jio Platforms gets space regulator's nod to launch satellite internet
A joint venture between Reliance Industries' Jio Platforms and Luxembourg-based SES to provide gigabit fibre internet has won approval from ......
Consumer
Saudi wealth fund PIF in talks to create boxing league
Saudi Arabia's Public Investment Fund (PIF) is in discussions with multiple boxing stakeholders to create a league, potentially reshaping the ......
Consumer
Ola Electric gets SEBI approval for $660-mn IPO
Indian e-scooter maker Ola Electric has received regulatory approval to go ahead with its $660 million Initial Public Offering, said ......
Finance
Sensex, Nifty end flat ahead of inflation data, Fed policy later this week
Indian shares closed flat on Tuesday, coming off a sharp rise last week, as investors moved on from election related ......
Infrastructure
IndiGo's biggest shareholder to offload 2% stake in airline
IndiGo airline's biggest shareholder will sell a 2% stake worth $394 million in the low-cost Indian carrier on Tuesday, per ......
TMT
Swiggy, Zepto and Zomato's Blinkit cash in on quick commerce boom
In a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse race against time to deliver orders within 10 ......
Finance
RBI rejects reappointment of Raj Kumar Bansal as MD, CEO of Edelweiss ARC
India's central bank has rejected Edelweiss Asset Reconstruction Company's request to reappoint Raj Kumar Bansal as its managing director and ......
TMT
Cognizant to buy Belcan for $1.3 bn from PE firm AE Industrial Partners
Information technology services provider Cognizant Technologies said on Monday it has agreed to acquire digital engineering firm Belcan for nearly ......
People
BlackRock appoints MD for UAE, Oman, Bahrain
BlackRock on Monday said it hired Mohammad Al Fahim as managing director and head of the United Arab Emirates to ......