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February 22, 2023 in Indian Business News

Judge asks if Elon Musk’s $56 billion Tesla pay hangs on a legal ‘kill shot’

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WILMINGTON: A trial challenging Elon Musk's $56 billion pay at Tesla Inc may hang on whether a single material misleading disclosure to shareholders would void the compensation plan, which the judge h ...

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February 20, 2023 in Indian Business News

Vedanta-Foxconn selects Dholera SIR for first semiconductor facility in India

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NEW DELHI: In a first, Vedanta and electronics manufacturing firm Foxconn on Monday unveiled their plan to set up a semiconductor and display manufacturing facility in Ahmedabad, news agency PTI repor ...

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February 19, 2023 in Indian Business News

Over 94% value erosion found in 165 IBC liquidation case

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MUMBAI: Big businesses that have gone into liquidation post-bankruptcy have seen a value erosion of over 94% of the admitted creditor claims, according to data collated by the Insolvency and Bankruptc ...

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February 18, 2023 in Indian Business News

India targets 7% economic growth this year, expects to cross it in next 5 years: EAM

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SYDNEY: India is targeting seven per cent growth in economy this year and we expect it to cross it in the next five years, external affairs minister S Jaishankar said on Saturday and adding that New D ...

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February 17, 2023 in Indian Business News

Government further reduces wheat auction prices to check inflation

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NEW DELHI: The department of food and public distribution (DFPD) has decided to further reduce the reserve price for wheat up to March 31.The reserve price under Open Market Sale Scheme has been fixed ...

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February 16, 2023 in Indian Business News

HDFC raises $3 billion in largest-ever local bond issue: Report

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MUMBAI: Housing Development Finance Corp raised its target of 250 billion rupees ($3.03 billion) in the country's largest privately placed corporate bond issue on Thursday, merchant bankers said."The ...

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