The National Company Law Tribunal (NCLT) has barred the lenders of bankrupt Reliance Capital (RCap) from taking any coercive action against IndusInd International Holdings (IIHL) -- the highest bidder ...
The Irdai had earlier raised queries on IIHL, a Mauritius-based firm, holding a majority stake in RCap, which, in turn, holds a 51 per cent stake in Reliance Nippon Life Insurance Company. A look back ...
Private equity firm TA Associates, which clocked high returns from an Indian company earlier this year and scored a dud from another, has now divested its entire shareholding in a financial services ...
The “conference room solutions market” is slated to expand at a CAGR of 14.8% from 2023 to 2033, according to a recent study published by Future Market Insights. By the end of the said forecast period ...
Elon Musk's startup xAI has secured $6 billion in series B funding. This propels xAI to a post-money valuation of $24 billion. xAI plans to leverage these funds to bring its first products to market, ...
Ashok Leyland is set for an ambitious product offensive programme in FY25, particularly targeting the light commercial vehicle (LCV) segment, with a proposed capital expenditure of ₹500-700 ...
The offering could raise around $10 billion, one of the people said. The preparations are ongoing and the details could still change, the sources said, who were speaking on condition of anonymity ...
Mahindra & Mahindra Financial Services on Wednesday said it has received corporate agency licence from insurance regulator IRDAI, which will enable it to sell life and general insurance policies ...
The gigafactory will have an initial production capacity of 16 GWh/year and create about 1,200 direct jobs and 3,000 indirect jobs within two years, Verkor says. French battery start-up Verkor ...