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Business

Vodafone Group Clears Massive Rs 11,650 Crore Debt, Unlocks Shares in Vodafone Idea

Vodafone Group has settled a Rs 11,650 crore debt, releasing shares in Vodafone Idea. This significant financial move involved HSBC Corporate Trustee Company (UK) and affects the c...

Business

Mukesh Ambani's Reliance Expands into Healthcare with Rs 375 Crore Acquisition of Karkinos

Reliance Industries, led by Mukesh Ambani, has acquired Karkinos Healthcare for Rs 375 crore, marking a significant expansion into the oncology sector. Karkinos specializes in earl...

Business

India's Electronics Sector Set to Boom: 12 Million Jobs by 2027

India's electronics industry aims for a USD 500 billion manufacturing output by 2030, potentially creating 12 million jobs by 2027. Despite the promising outlook, the sector faces ...

Business

Zydus Wellness Faces Hefty Rs 56.33 Crore GST Demand: What's Next?

Zydus Wellness Ltd's subsidiary, ZWPL, faces a Rs 56.33 crore GST demand related to intellectual property rights acquisition. The company is evaluating its response, with no immedi...

Business

India's IPO Market Poised for Unprecedented Growth in 2025: A Deep Dive

India's IPO market has doubled its proceeds from 2023 to 2024, reaching $11.2 billion, with predictions of even greater growth in 2025. This boom is fueled by increased retail part...

Business

India's Venture Capital Surges to $16.77 Billion in 2024, Signaling Robust Growth

In 2024, India's venture capital investments surged to $16.77 billion, marking a 14.1% growth. The technology sector led with a 52.5% increase. Despite a downturn, China remains a ...

Business

Trump Urges Supreme Court to Postpone TikTok Ban Deadline Amid Legal Battle

President-elect Donald Trump has asked the Supreme Court to delay the TikTok ban, seeking more time for a political resolution. The law, set to take effect just before his inaugura...

Business

Barclays Shakes Up New York Team: 15 Bankers and Traders Let Go

Barclays plc has reportedly laid off 15 bankers and traders in New York, with none receiving their expected bonuses. Some are considering lawsuits potentially exceeding $10 million...