HCC divests stake Steiner AG to focus on core operations in India

Hindustan Construction Company on Friday (December 20) said it has divested its stake in Steiner AG to Uniresolv, an affiliate of Geneva-based m3 Immobilier Holding SA (m3) to focus on…

KiranaPro raises seed funding to transform quick commerce with tech-driven innovation

Quick commerce startup KiranaPro has successfully raised seed funding, with participation from leading early-stage venture capital firms such as Turbostart, Unpopular Ventures, Blume Founders Fund, and Snow Leopard Ventures. Several…

Fidelity Investments pares 1.3% stake in Granules India for ₹191 crore

Financial services company Fidelity Investments on Friday (December 20) divested a 1.3% stake in drug firm Granules India for ₹191 crore through open market transactions. Company Value Change %Change US-based…

Fortis Health acquires 7.61% stake in Agilus Diagnostics for ₹429.37 crore

Fortis Healthcare Ltd on Friday (December 20) announced the acquisition of 5,970,149 equity shares from the International Finance Corporation (IFC), representing a 7.61% stake in its material subsidiary, Agilus Diagnostics…

Top Stories | Nifty’s worst week of 2024, RBI mins flag inflation worries, US govt shutdown nears and more

Indian stock markets took a sharp downturn this week, with the Sensex and Nifty posting their biggest weekly losses in two years. A staggering ₹19 lakh crore in market capitalisation…

Starbucks workers organise strikes, potentially impacting hundreds of US stores before Christmas Eve

Workers at Starbucks stores plan to go on a five-day strike starting Friday, December 20, to protest lack of progress in contract negotiations with the company. The strikes are scheduled to…

India’s rapid digisation needs robust cybersecurity, says Zscaler’s Jay Chaudhary

As India rapidly digitises, the nation faces an escalating risk of cyber threats, warned Jay Chaudhary, CEO of global cloud security leader Zscaler. Speaking to CNBC-TV18 on the evolving digital…

Supreme Court lifts 30% cap on credit card default charges

The Supreme Court of India has overturned a 2007 order by the National Consumer Dispute Redressal Commission (NCDRC), which had imposed a cap on the interest rate for credit card…

Vedanta to not consider demerger of one of its units

Vedanta Ltd on Friday (December 20) announced revisions to its previously proposed demerger scheme, deciding to retain its base metals undertaking within the parent company. This decision follows discussions with…

TCS sells 30% stake in South African arm for ₹28.29 crore to comply with norms

The country’s largest software exporter Tata Consultancy Services (TCS) on Friday (December 20) said its wholly-owned subsidiary, Tata Consultancy Services (Africa) (Proprietary) Ltd (TCS Africa), has sold a 30% stake…