Infosys founder Narayana Murthy to double private firm’s investments
BENGALURU: The money manager of billionaire Infosys Ltd founder Narayana Murthy will hire professionals and double its $1 billion in investments in the next five years, betting India will emerge as a ...
Gautam Adani stocks lift sensex, Nifty amid caution on US debt ceiling talks
MUMBAI: Indian shares advanced on Tuesday, aided by a broad-based rally across sectors and powered by Adani group stocks, while a slide in the high-weightage IT stocks capped gains amid uncertainty ov ...
NCLAT upholds NCLT order allowing Go First’s voluntary insolvency proceedings
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Monday upheld an NCLT order allowing crisis-hit Go First's voluntary insolvency resolution proceedings.A two-member NCLAT bench asked ...
Blackstone acquires International Gemological Institute for $535 million
MUMBAI: In a landmark transaction with significant ties to India, Blackstone, the world's largest alternative asset manager, has acquired the International Gemological Institute (IGI) for $535 million ...
RBI withdraws Rs 2,000 notes, but they remain legal tender
MUMBAI: The Reserve Bank of India (RBI) on Friday announced the withdrawal of the Rs 2,000 banknote from circulation with the public being "encouraged" to deposit or exchange the notes at bank branche ...
Value of defence production crosses Rs 1 lakh crore mark in FY 2022-23
NEW DELHI: For the first time, the value of India's defence production has crossed Rs one lakh crore mark in the financial year 2022-23, the defence ministry said on Friday. The value of total defence ...