Briefings

Updated : Feb 25, 2022

Reliance Jio's $15-million Bet on Artificial Reality

Jio Platforms is investing $15 million for a 25 per cent equity stake (on a fully diluted basis) in Pranav Mistry’s Two Platforms Inc.

Updated : Feb 25, 2022

Apollo Tyres, Ceat to Challenge Competition Commission Order

Apollo Tyres and Ceat will challenge the Competition Commission of India (CCI)'s Rs 1,788-crore fine and cease-and-desist order.

Updated : Feb 25, 2022

Emami Founders Pass on the Baton

After leading the Kolkata-based FMCG firm Emami for nearly five decades, Founders R.S. Goenka and R.S. Agarwal are passing on the baton.

Updated : Feb 25, 2022

Panacea Biotec Sells Formulations Business to Repay Debt

Panacea Biotec has been struggling to repay a debt of Rs 750 crore to Piramal Enterprises and India Resurgence Fund.

Updated : Feb 25, 2022

Dr Reddy's Acquires German Pharma Wholesaler Nimbus Health

The acquisition will allow Dr Reddy’s to introduce medical cannabisbased medicines as a treatment option for patients.

Updated : Feb 25, 2022

No Quick Fix for Consumer-facing Firms in Budget

The Union Budget shied away from offering any quick fix to the problem of low demand for consumerfacing sectors.

Updated : Feb 25, 2022

Crypto Exchanges Seek Clarity on TDS

Crypto exchanges in India have sought clarity on the Budget’s proposed 1 per cent TDS on crypto transactions.

Updated : Feb 25, 2022

Sputnik Light Single-Shot Vaccine Gets the Nod

DCGI has granted approval to the single-shot Sputnik Light vaccine for restricted use in emergency situations in India against Covid-19.

Updated : Feb 25, 2022

Tata Steel Long Products Wins Bid for Neelachal Ispat Nigam

Tata Steel is eyeing building a 4.5-million tonne per annum long products complex in the next few years

Updated : Feb 25, 2022

Tiger Global's Big Investment Plans for India

The company has reportedly raised over $11 billion for its latest venture capital fund titled ‘Private Investment Partners 15’ or ‘PIP 15’.

Updated : Feb 11, 2022

Taxing Times

Cryptocurrencies are going through tough times.

Updated : Feb 11, 2022

Recently Listed Tech Start-ups Erode Investors' Wealth

Data shows that shares of recently-listed One97 Communications, which operates Paytm, have eroded over half of the investors’ wealth against the issue price of Rs 2,150.

Updated : Feb 11, 2022

An Artificial Intelligence-Themed Fund for Investors

The recent past has seen Indian MF houses file draft documents to launch funds based on themes such as semiconductors, electric vehicles and blockchain, among others.

Updated : Feb 11, 2022

PTC India Financial Services Hit by Governance Issues

There is serious drama playing out at PTC India Financial Services.

Updated : Feb 11, 2022

Spurt in Cyber Attacks with Rise in Digitalisation

Advances in digitalisation and work from home have led to a sudden uptick in the number of cyber attacks that are costly and damaging.

Updated : Feb 11, 2022

LIC Races Against Time to List in FY22

Even as the tenure of LIC Chairman M.R. Kumar was extended by a year, FM Nirmala Sitharaman announced in her Budget speech that LIC’s IPO is “expected shortly”.

Updated : Feb 11, 2022

Reliance Posts Highest Ever Quarterly Net Profit

CMD Mukesh Ambani said, “Retail and digital services have recorded the highest ever revenues and EBITDA.”

Updated : Feb 11, 2022

Dolo Sales Surge in India

The routine antifever medicine Dolo 650 has gained huge popularity amidst the Covid-19 pandemic—starting with the second wave and continuing well into the third wave.

Updated : Feb 11, 2022

Rural Market Leaves FMCG Makers High and Dry

After carrying the growth momentum for over a year, the country’s rural market has left India’s fast moving consumer goods (FMCG) makers high and dry.