- April 30, 2024
- Yasmin Pereira
ONGC Initiates Oil Production from Deep-Water Project
In a significant development, the state-owned Oil and Natural Gas Corporation (ONGC) has commenced oil production from its long-awaited flagship deep-sea project in the Krishna Godavari basin in the Bay…
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- April 30, 2024
- Yasmin Pereira
ONGC Videsh Establishes Subsidiary in GIFT City
ONGC Videsh Ltd, the overseas investment arm of India’s state-owned Oil and Natural Gas Corporation, has formed a wholly-owned subsidiary named OVL Overseas IFSC Ltd in GIFT City, Gujarat. This…
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- April 30, 2024
- Yasmin Pereira
TCS Advocates Mobility for Career Growth
Tata Consultancy Services (TCS), India’s leading IT company, addressed concerns regarding employee transfers, emphasizing that mobility is a fundamental aspect of their employment contracts. This statement comes amidst allegations of…
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- April 30, 2024
- Yumi Nakagawa
Mixed Fortunes for Consumer Companies in Festive Season
The festive season in India, characterized by numerous festivals and weddings, typically marks the country’s peak spending period. However, the third quarter of 2023 presented a mixed bag for consumer…
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- April 30, 2024
- Yasmin Pereira
Brookfield’s Acquisition of ATC India: A Mega Tower Deal
Canada-based Brookfield is set to acquire the Indian business of American Tower Corporation (ATC) in a landmark deal valued at USD 2 billion, as announced on Friday in New Delhi.…
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- April 30, 2024
- Yasmin Pereira
Rise of Mass E-commerce Consumers in Tier-2 and Tier-3 Markets
Indian e-commerce is witnessing not just growth but also a significant expansion across geographical regions and income segments. A recent report by BofA Securities highlights the increasing participation of mass…
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- April 30, 2024
- Yasmin Pereira
Mahindra Group and Ontario Teachers’ Co-Sponsor InvIT in Renewable Energy Space
Mahindra Group, in collaboration with global institutional investor Ontario Teachers’ Pension Plan Board, has co-sponsored an infrastructure investment trust (InvIT) dedicated to the renewable energy sector in India. Named Sustainable…
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- April 30, 2024
- Yasmin Pereira
Supreme Court Cancels Bail for DHFL’s Wadhawans in Loan Scam Case
The Supreme Court made a significant decision on Wednesday, revoking the bail granted to former DHFL promoters Kapil Wadhawan and his brother Dheeraj in connection with a multi-crore rupees bank…
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- April 30, 2024
- Yasmin Pereira
Kotak Mahindra Bank Reports Rs 3,005 Crore PAT for Q3
Financial Performance Overview Kotak Mahindra Bank Ltd announced its financial results for the third quarter of FY24, closing with an after-tax profit (PAT) of Rs 3,005 crore. This figure marks…
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- April 30, 2024
- Yasmin Pereira
Kia Launches Revamped 2024 Sonet with ADAS
Korean automaker Kia has unveiled the 2024 Kia Sonet, marking the facelift version of its popular SUV. The updated Sonet boasts a revamped design, enhanced features, and offers three distinct…
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