Newsletter

It was always expected to happen and finally Sony has officially called off its deal with Zee Entertainment. It has also slapped a termination fee of $90 million on Zee...

Flows into NRI deposits doubled to $7.3 billion in the April to November period of FY24. As of the close of November 2023, the NRE (non-resident external) deposits stood at...

Electric vehicle (EV) sales in India for the year 2023 surged by 49.25% yoy to 15,29,947 units. This was as per the data released by the Federation of Automobile Dealers...

It looks like the dream merger is finally about to be called off. Sony Group is planning to call off its merger with Zee Entertainment due to the steep differences...

Foreign Portfolio Investors (FPIs) infused a sum of Rs4,773 crore into equities in the first week of January 2024. On a weekly basis, this is sharply lower than the average...

Inaugurating the tur dal procurement portal, Amit Shah affirmed that India will be self-sufficient in pulses in the next 3 years. The new portal empowers the farmers to directly sell...

For the quarter ended December 2023, the sugar production was 7.7% lower yoy at 112 lakh tonnes. The sugar companies typically follow the sugar cycle year extending from October to...

A veteran banker, Ashok Vaswani, assumed charge as the CEO and MD of Kotak Mahindra Bank. He replaced Dipak Gupta as interim CEO. This shift was necessitated after Uday Kotak...

Japanese private equity giant SoftBank has sold shares worth $310 million to FirstCry, the omnichannel retailer of infant products. The company is likely to file DRHP for an IPO later...

The latest RBI Bulletin may have downsized GDP growth for FY25 by 50 bps to 6.0%, but it also cut inflation estimates to 4.6% in the first three quarters of...

Azad Engineering Ltd. raised Rs 220.8 crore via the placement of shares with anchor investors, a day ahead of the IPO opening on December 20, 2023. Some of the prominent...

Ambuja Cements has earmarked Rs6,000 crore for investment in renewable power projects. The Adani group is targeting 1,000 MW of capacity across solar and wind power by FY26. It will...

For the week ended December 15, 2023, the market cap of the 10 most valuable companies on the NSE saw an accretion in value of Rs2,26,392 crore. Bharti was the...

It looks like the deal between Reliance and Disney to take over the Disney business in India could happen as early as next week. They are expected to sign a...

The assembly elections started off with a lot of uncertainty, but barring Telangana, it was the BJP that swept the Hindi heartland, comprising Rajasthan, Madhya Pradesh, and Chhattisgarh. Exit polls...