Sunil Mittal is planning to acquire a significant stake in Haier India. He is partnering with Warburg Pincus for this deal. The potential acquisition could be around $2 billion. Haier is considering selling a stake in its Indian unit. Other…
Read More
Indian billionaires Mukesh Ambani and Gautam Adani have pledged their support to the armed forces amidst escalating tensions with Pakistan. This comes after India’s retaliatory strikes on Pakistani territory following a deadly terrorist attack. The leaders lauded the military’s efforts…
Read More
The World Bank stated on Friday that it acts solely as a facilitator in the Indus Waters Treaty and has no authority to intervene in the ongoing dispute, following India’s suspension of the treaty last month in response to the…
Read More
As tensions between India and Pakistan continue to rise, Indian Oil Corporation has assured the public that there is no shortage of fuel in the country.
Read More
Delhivery Limited faces a show cause notice from the Directorate General of GST Intelligence (DGGI), Mumbai Zonal Unit, regarding a tax rate interpretation issue under the CGST and IGST Acts. The notice, concerning financial years 2018-19 to 2022-23, alleges an…
Read More
The 1-month non-deliverable forward indicated that the rupee will open at 85.80 to 85.90 to the U.S. dollar compared with 85.71 in the previous session.
Read More