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BUSINESS REJIG
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...- Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro dealPersistent Systems' shares plunged nearly 11% following its announcement to acquire Germany-based Nagarro for €1.27 billion. While the deal...
- Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.
- Vodafone Idea shares rally 80% in less than 3 months. Time to buy or avoid?Vodafone Idea shares have seen a dramatic surge, climbing nearly 80% in under three months. This rally, fueled by reduced dues and promoter...
- Vedanta to be removed from MSCI Global Standard Indexes from June 22Vedanta shares will be removed from MSCI Global Standard Indexes from June 22. This follows the company's mega demerger into five separate ...
- Markets poised for a positive run if geopolitical risks ease: Ambareesh BaligaMarket veteran Ambareesh Baliga sees Indian equities well-positioned if geopolitical tensions ease and macro conditions remain supportive. ...
- Vedanta secures highest credit rating in over decade following ICRA UpgradeVedanta Group achieved its highest domestic credit rating in over a decade. ICRA upgraded key group entities, Vedanta Ltd and Vedanta Alumi...
- BSE shares jump over 7% in two days on likely Nifty50 inclusion; IT major Wipro to make wayBSE shares rose sharply on Tuesday on expectations of replacing Wipro in the Nifty50 during the September rejig. The rally comes after stro...
- Britannia bets on ‘Many Indias’ strategy amid inflation, shifting consumer demandBritannia is adopting a 'Many Indias' strategy. Startup-style teams will gain local decision-making power. This move seeks to boost agility...
- Vedanta dividend: How the mega demerger will impact payout for 21 lakh shareholders?Vedanta's mega demerger has spun off four new companies, impacting dividend payouts for its 21 lakh shareholders. While the parent company ...
- Design focus under ECMS; Kissht's strong IPO demandGovernment mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5.
- Burjis Godrej elevated as Agrovet chair amid leadership shiftGodrej Industries Group has announced a major leadership transition, elevating Burjis Godrej as chairperson of Godrej Agrovet, while his fa...
- Microsoft rejigs reporting on business units, offers clarity on AI benefitsMicrosoft said revenue from the AI and speech technology services that its Nuance unit offers would now come under its productivity busines...
- Lessons from TVS Group rejig: Towards filling each other’s cup but not drinking from the same cupThe TVS rejig suggests an attempt to simplify the ownership structure at the group level and doing away with crossholdings. It also points ...
- Infosys rejigs business unitsThe Bengaluru-based company has carved out communications (earlier a part of energy, utilities, communications and services) as a separate ...
- Investors oppose NSE's business rejig plansThese investors - who together hold nearly 20 per cent stake - have also asked the exchange to move an in-principle application before Sebi...
- Jindal Stainless seeks shareholders' approval for business rejigThe approval has been sought through postal ballot. Last month, the company received stock exchanges' nod for the proposed demerger.
- Tata Communications to rejig broadband businessTata Communications is bringing its retail broadband unit under the ambit of small and medium businesses.
- Birla rejigs fibre, pulp businessSignalling a new thrust to its Rs 8,000 crore viscose staple fibre (VSF) and pulp business, the Aditya Birla Group has undertaken a major g...
- Merrill Lynch rejigs PD businessMerrill Lynch is restructuring its primary dealership business for government securities and Treasury Bills in India under a separate subsi...
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