Amazon to invest $35 billion in India to scale AI and logistics operations
Investment to deepen AI, cloud and fulfilment infrastructure as India emerges as a core global growth market.
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ICSI cites lapses at IndiGo; calls for stronger corp governance
The Institute of Company Secretaries of India (ICSI) has more than 78,000 members.
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Tata Steel to acquire majority stake in Thriveni Pellets to boost raw material supply chain
In a strategic leap forward, Tata Steel is gearing up to take the reins of a majority share in Thriveni Pellets. This acquisition is poised to strengthen Tata Steel’s supply chain, particularly in the vital realm of raw materials. Situated…
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Adani Green sees Rs 2,178-crore block deal; TotalEnergies likely the seller
TotalEnergies is reportedly set to offload a 1.5% stake in Adani Green Energy Ltd (AGEL) via block deals on Wednesday, December 10. The transaction involves selling approximately 2.47 crore shares at a floor price of Rs 970, potentially raising nearly…
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Meesho shares dazzle on debut, list at 46% premium over IPO price
Meesho shares surged 46% on their Dalal Street debut, listing at a significant premium to their IPO price. The strong listing followed an overwhelming subscription response, with investors showing high conviction in the e-commerce marketplace’s growth potential. Despite robust revenue…
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NFRA flags ‘gross negligence’ across marquee company audits as major red flags go unreported
India’s audit regulator has issued a sweeping indictment of audit quality across major listed companies, raising urgent questions: how did auditors overlook clear fraud indicators, why were Standards on Auditing repeatedly breached, and what systemic gaps allowed multi-year lapses that…
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