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Adani Defence acquires majority stake in air works India for Rs 400 crore​Adani Defence acquires majority stake in air works India for Rs 400 crore 

Adani Defence Systems and Technologies Ltd. has acquired an 85.8% stake in Air Works India for Rs 400 crore. This ...

India’s data centre capacity to more than double by FY27, on rising digitalisation: Crisil Ratings​India’s data centre capacity to more than double by FY27, on rising digitalisation: Crisil Ratings 

​To support the strong demand, the incremental capital expenditure would be supported by a higher proportion of debt funding, which ...

Car companies may hit road to robust sales next year​Car companies may hit road to robust sales next year 

India’s passenger vehicle sales are projected to rise 5% in 2025. Government spending, improved monsoon season, and positive rural sentiment ...

Bata India appoints Amit Aggarwal as new CFO​Bata India appoints Amit Aggarwal as new CFO 

Bata India has appointed Amit Aggarwal as its new CFO and Director of Finance, effective December 23, 2024, following the ...

Sebi to auction 28 properties of 5 companies next month​Sebi to auction 28 properties of 5 companies next month 

India’s market regulator, SEBI, will auction 28 properties belonging to five companies on January 27, 2025. The auction aims to ...

India’s savings rate shoots past global average: SBI report​India’s savings rate shoots past global average: SBI report 

India’s savings rate has surpassed the global average as financial inclusion has shot up in the country with over 80 ...

Zomato joins Sensex, signals shift in India’s business landscape​Zomato joins Sensex, signals shift in India’s business landscape 

Zomato’s inclusion in the 30-stock benchmark index is driven by a remarkable rally in its stock. Shares of the Deepinder ...

90% of manufacturers face production challenges amid labour shortage, study finds​90% of manufacturers face production challenges amid labour shortage, study finds 

A Quickbase report reveals that 90% of manufacturers face production challenges due to labour shortages, with 41% struggling to transfer ...

Sebi suspends trading in Bharat Global Developers over financial misrepresentation​Sebi suspends trading in Bharat Global Developers over financial misrepresentation 

India’s market regulator, SEBI, suspended trading in Bharat Global Developers Ltd (BGDL) for alleged financial misrepresentation and market manipulation. An ...

At $5 billion, startup’s exit street buzzier in 2024​At $5 billion, startup’s exit street buzzier in 2024 

Indian startups saw over $5 billion in exits through secondary transactions, IPOs, and block deals in 2024. This trend is ...

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