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Zee shareholders approve Rs 3,143 crore promoter fund infusion, ESOP planZee Entertainment shareholders have approved a Rs 3,143.5 crore preferential warrant issue to a promoter group entity, paving the way for h...
Aditya Birla Capital Q1 Results: Profit jumps 40% YoY to Rs 1,175 croreAditya Birla Capital has announced an impressive forty percent increase in profits for the first quarter. The company’s consolidated total ...
M3M India to invest Rs 600 cr to build commercial project in GurugramRealty firm M3M India will invest Rs 600 crore for a new commercial project. This project, named M3M Capital Financial Center, will span 1....
Ex-Elevation Capital partner Mayank Khanduja in talks to join Silicon Valley VC fund BessemerMayank Khanduja is in advanced discussions to join Bessemer Venture Partners. He is expected to join the firm over the next three to four w...
Capital Group buys 1.5% stake in IIFL Fin for Rs 374 cr; stock rises over 2%Capital Group bought a 1.49 percent stake in IIFL Finance for Rs 374 crore. This acquisition was made through open market transactions from...
Why India's family businesses continue to thrive across generations and market disruptionsET celebrates the melding of generational wisdom with disruption, and old school with new-age, along with the never-say-die spirit that mak...
ET Family Business Awards: How India Inc's next generation is balancing legacy with innovationIndian family businesses are entering a new growth phase. Next generations balance legacy with innovation and measured risk. Family offices...
RBI issues revised Basel Pillar 3 disclosure framework for commercial, small finance and payments banksThe Reserve Bank of India has revised its Basel Pillar 3 disclosure framework. These amendments aim to strengthen market discipline through...
Patanjali insurance? IRDAI approves Patanjali, DS Group's acquisition of Magma General InsurancePatanjali Ayurved and Dharampal Satyapal Group secured IRDAI approval for Magma General Insurance. This acquisition marks Patanjali's signi...
ProTec gets insurance licence; Irdai revamps key guidelinesProTec General Insurance will be allowed to undertake general insurance business under the applicable regulatory framework. The four regist...
Adani Group raises Rs 43,500 crore, now plans another $3-4 billion in 6 monthsThe Adani Group is planning to raise another $3–4 billion over the next six months after mobilising Rs 43,500 crore through equity fundrais...
Brookfield-Oaktree deal, digit merger get CCI approvalThe Competition Commission of India approved two significant corporate proposals on Tuesday. Brookfield Asset Management's acquisition of c...
CCI clears Go Digit Infoworks merger with insurer; Fairfax entity to hold 57.28% stakeThe Competition Commission of India approved Go Digit Infoworks' merger with Go Digit General Insurance. This transaction will see Go Digit...
Tata Capital Q1 Results: Net profit jumps 56% YoY to Rs 1,547 crore, revenue up 15%Tata Capital announced a substantial net profit increase of over 56 percent. Revenue from operations also saw a healthy rise of more than 1...
Anicut Capital takes over Bira founder Ankur Jain's stake, to lead restructuringAnicut Capital has taken over B9 Beverages founder Ankur Jain's shares. The venture debt provider will now lead the troubled company's rest...
GST panel may consider allowing transfer of unused tax credit within corporate groupsA key GST panel will consider industry suggestions for transferring unutilised input tax credit. Exempting intra-group corporate guarantees...
Bain Capital acquires Vitabiotics: UK nutraceutical giant with India’s Meyer Organics valued at $850-900 millionPrivate equity firm Bain Capital has agreed to acquire UK-based nutraceutical company Vitabiotics, expanding its presence in the global wel...
ETtech Deals Digest: Veriqus, Raghu Vamsi, Neo Group lead weekly funding at $170 millionEarly-stage rounds accounted for 50.1% of the capital raised during the week, while late-stage deals made up 45%. Seed-stage startups contr...
Quick commerce will continue to attract capital, competition: Swiggy group CEO Sriharsha MajetySwiggy's Instamart aims for profitability by enhancing its product offering and customer experience. The quick commerce sector will remain ...
Juniper Green Energy to open Rs 1,800-cr IPO on July 30Juniper Green Energy will launch its Rs 1,800-crore initial public offering on July 30. The company plans to raise funds through a fresh is...