Through the offer-for-sale (OFS) process, the government will be selling a 3% stake in Coal India, with a floor price of Rs 225 per share. The difference between the floor price and Coal India's Wednesday BSE closing price at Rs 241 is 6.7%. The OFS is...
Anil Agarwal, a billionaire, is planning to invest $19 billion in a chip company, but the Indian government is about to withhold critical money from him.
According to people with knowledge of the situation, the government is likely to inform the joint venture between Agarwal's...
The Indian economy shown strong resilience in the last fiscal year, ranking among the major economies with the fastest growth rates. However, the Reserve Bank of India stated in its annual report released on Tuesday that declining consumption in the second half of FY23, muted...
The lack of 5G has already started to negatively impact cash-strapped Vodafone Idea's key performance measures, particularly the subscribers' per capita data consumption, and might result in the loss of their core, high-paying customers in the upcoming quarters, according to experts.
While per capita data...
According to a Wall Street Journal article, Reliance Retail is prepared to reintroduce the brand to India through a strategic relationship, two years after the country's government banned the Shein app from use. Due to increased tensions along the India-China border at Galwan, the...
Dr. Reddy's Laboratories Ltd., an Indian pharmaceutical company, announced a roughly eleven-fold increase in fourth-quarter profit on Wednesday, driven by stronger sales in its core generic pharmaceuticals business in North America.
The Hyderabad-based company's consolidated earnings increased from 875 million rupees a year earlier to...