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Noel Tata steps down as Tata Investment Corp chairman, named chairman emeritus; Bahram Vakil to take overNoel N. Tata will transition to the role of chairman emeritus on November 12, 2026. Bahram Vakil has been appointed as the new chairman of ...
European shares rise as Siemens Energy forecast lifts AI optimism; inflation concerns persistEuropean shares opened higher, supported by positive forecasts from Siemens Energy and CoreWeave, which eases AI investment concerns. The p...
Greenjoules raises ₹150 crore in Series B funding, secures ₹100 crore TDB loanGreenjoules has raised ₹150 crore in Series B funding from investors including Amazon’s Smbhav Venture Fund and Climate Pledge Fund, Rainma...
Zara owner Inditex commits $50 million to fund low-cost loans for suppliers going greenZara owner Inditex has committed $50 million to an IFC-led fund that aims to raise $400 million to provide low-cost loans to suppliers inve...
Assam plans 6,000-bigha Defence Park in Morigaon to boost defence manufacturingAssam Government has approved the establishment of a Defence Park on approximately 6,000 bighas of land. This initiative aims to enhance de...
SoftBank to face scrutiny of AI strategy at second-quarter earnings after selloffSoftBank Group is on the brink of unveiling its quarterly earnings, navigating a turbulent landscape marked by challenges in the artificial...
Kotak eyes ₹4,500 crore fundraise to deepen bets on India's real estate marketKotak Investment Advisors plans to raise ₹4,500 crore through its 16th real estate fund. This fund will focus on investments across India's...
India may lower shipbuilding subsidy localisation threshold to 20% to attract foreign investorsThe government is considering lowering the minimum domestic-content threshold for shipbuilding incentives from 30% to 20%, with a full subs...
Activists breach Microsoft data centre construction site as protests spread in EuropeActivist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which ...
ONGC uses stuck Russian dividend dues for Sakhalin fund, seeks operatorship of Venezuela oilfieldsONGC has utilized funds from its Russian dividends to meet its obligations for the Sakhalin-1 abandonment fund. The company is negotiating ...
HSBC India arm leases 1.2 lakh sq ft office space in BengaluruHSBC's India division has secured a long-term sub-lease for more than 120,000 square feet of office space. This transaction is located in t...
Daksham Growth Ventures raises Rs 125 cr in first close of maiden consumer fundDaksham Growth Ventures has completed the first close of its consumer-focused fund, raising approximately Rs 125 crore. The fund is registe...
Japan’s SuMiTB makes first Indian realty fund investment with HDFC CapitalSumitomo Mitsui Trust Bank has made its first investment in an Indian real estate fund. This investment is in HDFC Capital Development of R...
SoftBank credit default swaps hit 4-year high as AI profitability concerns mountSoftBank Group’s five-year credit default swap spread climbed to a four-year high as investors grew increasingly concerned about the profit...
SoftBank credit risk jumps to 4-year high as AI fears roil marketThe cost of insuring against a default for tech investor SoftBank Group jumped to its highest in four years on Friday as worries about AI p...
Sequoia Capital restructures operations after raising $10 billion, shuts London officeIn a bold move, Sequoia Capital is undergoing a major restructuring by shutting down its London office and disbanding the Arc accelerator a...
Ahead of crucial assembly polls, govt rejigs Agnipath, opens path to permanent service for allThe government has made significant changes to the Agnipath scheme that affects armed forces recruitment. This revised framework allows all...
Essar Power to invest Rs 4,500 crore in 300 MW renewable energy project in Andhra PradeshEssar Power is planning a significant investment in a 300 MW Firm and Dispatchable Renewable Energy project. The project aims to combine so...
CCI clears Kotak-Deutsche deal, KKR vehicle's Gentari investmentKotak Mahindra Bank has received approval for the acquisition of Deutsche Bank's retail and wealth management business. The acquisition wil...
Chip startup Agrani Labs looks to raise $108 million from Peak XV, Google, SamsungPeak XV Partners is leading the round and is expected to contribute more than half of the total funding. Google, HCL Tech, Samsung Ventures...