IT company Apollo aims to invest over USD 30 million (about Rs 232 crore) in India over the next two years. As part of its recent series-C funding of USD 110 million (about Rs 852 crore) led by Sequoia, the B2B sales intelligence and engagement...

Working capital of the Indian MSMEs would deteriorate further if the wholesale price inflation continues to remain in double digits, Aditya Birla Group's senior economist Dr. Madhavan Kutty said on Thursday. "MSMEs are badly hurt by...

The rupee on Wednesday has declined by 16 paise to close at its fresh lifetime low of 77.60 against the US dollar amidst the unabated foreign fund outflows and a stronger greenback in overseas markets. At the interbank foreign exchange market,...

Abu Dhabi-based global strategic investment firm, International Holding Company PJSC (IHC), announced today the completion of a Rs 15,400 crore ($2 billion) investment transaction in the Adani Portfolio companies, Adani Green Energy Limited...

Goldman Sachs is in advanced talks to invest about $350 million (Rs 2,700 crore) in API Holdings, the parent of online pharmacy PharmEasy, in a structured debt transaction, people in the know said. The debt will carry an interest rate of 14-15%...

Citing the second highest business activity index reading in 13 months in the month of April, rating agency Icra on Tuesday forecast the economy to grow 12-13 per cent in the first quarter of the current fiscal. However, Icra has maintained...

Promotion at work is a big milestone in everyone’s career, and one the person knows the efforts he/she has put to achieve the position. It is okay to pause for a moment to applaud yourself and celebrate this occasion that guided you to land...

Adani group has recently made an open offer to acquire a 26 per cent stake each in Ambuja Cements and ACC Ltd from public shareholders after announcing a $10.5-billion deal to acquire Holcim’s India business. Through its Mauritius-based...

Confederation of Indian Industry (CII) has recently said an immediate measure to moderate inflation could be to moderate taxes on fuel products, which constitute a large share of the retail pump prices of petrol and diesel. “CII would...

Larsen & Toubro Ltd (L&T) expects its information technology (IT) services business to more than double to Rs.73,980 crore in revenue by 2026 March, and the share of the high-margin business to fence from a fifth of present revenue to 27...