The Burman family, promoters of Dabur, have withdrawn from the race to acquire a 40% stake in Hindustan Coca-Cola Beverages HCCB due to valuation differences. HCCB, the bottling…
24/09/20241 min read
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The Burman family, promoters of Dabur, have withdrawn from the race to acquire a 40% stake in Hindustan Coca-Cola Beverages HCCB due to valuation differences. HCCB, the bottling…
S&P Global has retained India’s GDP growth forecast at 6.8% for FY25, citing high interest rates and lower fiscal boost tempering demand in non-agricultural sectors. The rating…
A PSU civil construction company has secured a new order worth Rs 1261 crore from the Government of India, adding to its robust order book of Rs 81,000 crore. The company has also…
The Indian government is considering developing a talent pool for top-level positions at central public sector enterprises CPSEs . This initiative aims to ensure a smooth…
Wipro Ltd has acquired certain businesses of Yardley, a 240-year-old British premium personal care brand, from the UK’s Lornamead Group for $45.5 million. This acquisition is part…
Infomerics Ratings has highlighted the emerging challenges faced by micro, small, and medium enterprises MSMEs due to new safety regulations for machinery and electrical…
The government of Andhra Pradesh has announced the establishment of a second MSME technology centre in Amaravati, the state’s capital city. This new centre aims to support the…
An exclusive report by Moneycontrol reveals that some investment bankers have been colluding with small and medium enterprises SMEs to inflate valuations and share illegal gains.…
The live blog on the Economic Times provides real-time updates on the performance of the BSE Sensex and Nifty indices on 24 September 2024. The blog covers key market movements,…
A recent report reveals that 49% of two-wheeler insurance policies in India are issued in Tier-3 cities, with 78% of these policies including zero depreciation zero dep add-ons.…
The strong demand for India’s largest non-bank bond sale in FY25 has set the stage for more such issuances in the future. The bond sale, which attracted significant interest from…
NMDC Limited, India’s largest iron ore producer, has reported its best-ever yearly performance in FY24, with a 10% increase in iron ore production and a 16% rise in sales. The…
Freed, India’s first debt relief platform, has appointed top executives from leading e-commerce firms to strengthen its management team. This strategic move aims to enhance…
The Securities and Exchange Board of India SEBI has launched an investigation into more than 12 domestic merchant banks over concerns regarding their due diligence processes for…
According to a report by the Securities and Exchange Board of India SEBI , over 90% of retail traders in the futures and options F&O segment incur losses. The report highlights…
Indian banks are increasingly turning to certificates of deposit CDs to meet the surge in credit demand towards the end of the financial year. CDs are short-term debt instruments…
President Droupadi Murmu has emphasized the importance of timely audits of public finances to ensure transparency and accountability in government spending. Speaking at an event,…
The Indian government is considering extending the current import authorisation regime for IT hardware products, which includes laptops, tablets, and servers. This move aims to…
The Delaware Supreme Court has ruled that BYJU’S defaulted on a $1.2 billion term loan B TLB , upholding an earlier decision by the Court of Chancery. This ruling allows US-based…
Emkay Global has upgraded its rating for Paytm from ‘reduce’ to ‘add’, citing the fintech company’s progress towards achieving profitability. The brokerage firm raised its price…
Cashfree Payments has appointed Nitin Pulyani, a former executive at PhonePe, as its new Product Head and Senior Vice President SVP . In his new role, Pulyani will oversee product…
Flipkart has introduced a new business-to-business B2B app called ‘Flipkart Reset for Business’ to facilitate the sale of refurbished products. This app aims to connect sellers of…
Amazon has increased the commissions for its 50,000 influencers ahead of the festive sale season. The move aims to incentivize influencers to promote products more actively during…
The Orissa High Court issued directions to the state government to take steps to ensure the dignity and safety of soldiers following an incident where an army officer and his…
The Bombay High Court emphasized the need to protect doctors from frivolous and unjust prosecution. The court observed that medical professionals often face baseless allegations…
Former tennis players Somdev Devvarman and Purav Raja filed a petition in the Delhi High Court against the All India Tennis Association AITA alleging mismanagement in its…
The Bombay High Court denied anticipatory bail to school administrators accused of assaulting a minor student in Badlapur. The court found that the allegations were serious and…
The Supreme Court ruled that the 180-day deadline for granting sanction for prosecution under the Unlawful Activities Prevention Act UAPA is mandatory. The court emphasized that…
The Karnataka High Court is considering a petition by the Union Bank of India to transfer the investigation into the Valmiki Development Corporation scam to the Central Bureau of…
The Uttarakhand High Court stayed the implementation of a State Bar Council decision to increase the fee for filing complaints against advocates. The court’s interim order came in…
The Securities and Exchange Board of India SEBI imposed a ₹1 crore penalty on Jai Anmol Ambani, son of industrialist Anil Ambani, for failing to exercise due diligence in…
The Supreme Court issued notices to all States and Union Territories UTs in response to a contempt of court petition alleging non-compliance with a directive to establish online…
The Supreme Court dismissed petitions challenging a Punjab and Haryana High Court order that quashed a Punjab government notification amending conditions for Non-Resident Indian…
The Karnataka High Court issued an order prohibiting private individuals, including content creators, from uploading videos of court proceedings that are live-streamed on the High…
The Delhi High Court dismissed a petition challenging Rule 13 1 a of the Assisted Reproductive Technologies ART Rules, 2022, which mandates that unused gametes or embryos be…
The Kerala High Court denied anticipatory bail to actor Siddique, who is accused of rape. The complainant alleged that Siddique called her to a hotel under the pretext of…
The Jammu and Kashmir High Court ruled that the law on bail should not discriminate between foreigners and Indian citizens. The court emphasized that bail decisions should be…
The Chief Justice of the Bombay High Court, DK Upadhyay, called for stricter oversight of arbitrators’ conduct to ensure transparency and accountability in arbitration…
The Delhi High Court dismissed a plea challenging the installation of a statue of Maharani of Jhansi inside Shahi Idgah Park. The petitioner argued that the installation violated…
The Rajasthan High Court ruled that the punishing authority must provide clear findings when taking action under Rule 170 of the Rajasthan Services Rules for misconduct or…
The Andhra Pradesh High Court dismissed a petition challenging the imposition of cess on basmati rice, which the petitioner argued amounted to double taxation. The court held that…
The Delhi High Court issued directions for the disbursal of compensation to child victims under the Protection of Children from Sexual Offences POCSO Act. The court directed the…
The Allahabad High Court exonerated a doctor couple accused of negligence after a patient died following a road accident. The court found that the doctors had provided appropriate…
The Gauhati High Court is hearing a Public Interest Litigation PIL regarding the water logging problem in Assam. The court has directed the state government to prepare a…
The Allahabad High Court ruled that the prosecution cannot rely on a dying declaration in a dowry death case unless the accused is confronted with its contents. The court…
The Bombay High Court acquitted a husband accused of abetting his wife’s suicide by torturing her, ruling that not every instance of cruelty or harassment falls under Section 498A…
The Madras High Court refused to grant a clearance certificate to Hameed Ibrahim, who is under investigation by the Enforcement Directorate ED for allegedly supplying helicopters…
The Punjab and Haryana High Court took suo motu cognizance of a case where a man committed suicide at the Golden Temple. The court directed the state government to conduct a…
The Kerala High Court denied anticipatory bail to actor Siddique, accused of rape, highlighting the government’s prolonged silence on the Hema Committee Report, which exposed…
The Karnataka High Court is considering a petition by the Union Bank of India to transfer the investigation into the Valmiki Development Corporation scam to the Central Bureau of…
The Burman family, promoters of Dabur, have withdrawn from the race to acquire a 40% stake in Hindustan Coca-Cola Beverages HCCB due to valuation differences. HCCB, the bottling…
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