Reuters
People
Disney Hotstar's head quits after Disney India merger with Reliance
The head of U.S. giant Disney's Hotstar streaming app in India, Sajith Sivanandan, has resigned, three sources said on Thursday, ......
TMT
Swiggy looking to slash IPO valuation by 10-16%
Indian food delivery giant Swiggy is internally aiming for a company valuation of $12.5-13.5 billion for its upcoming IPO, cutting ......
TMT
Government gives nod to $119 mn spacetech fund
The Indian government on Thursday approved a 10 billion rupee ($119 million) fund for its burgeoning space sector, with 40 ......
Economy
Rupee ends at fresh record low but fares better than regional peers
The Indian rupee slipped to its weakest closing level on record on Wednesday pressured by a buoyant dollar but the ......
Economy
Sensex, Nifty slip for third session amid lacklustre earnings
Indian equity benchmarks slipped for a third straight session on Wednesday, as dull corporate earnings and sustained foreign selling overpowered ......
Infrastructure
UAE's ADIA to invest $750 mn in GMR Group's debt
Abu Dhabi Investment Authority (ADIA), the UAE's largest sovereign wealth fund, will invest about $750 million in the debt of ......
General
Supreme Court sets aside Byju's payment dispute settlement with India cricket body
India's top court on Wednesday set aside an appeals tribunal order that allowed settlement of a payment dispute between the Indian ......
TMT
Zomato misses Q2 profit estimates as expansion costs squeeze margin
India's Zomato reported a smaller-than-expected rise in profit for the second quarter on Tuesday as margins took a hit from ......
Finance
Allianz considering exiting insurance JVs with Bajaj Finserv
India's Bajaj Finserv said on Tuesday that Allianz SE is considering exiting its life and general insurance joint ventures with the Bajaj Group, potentially ending a decades-old ......
Manufacturing
Hyundai India's shares slump in debut trade after record IPO
Hyundai Motor India shares fell as much as 7.6% in their market debut on Tuesday after a tepid response from retail investors ......
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