A DDA notification said that under the latest scheme, registration will be open for 40 High Income Group (HIG) flats in Jasola, 200 Middle Income … Read more
Business and Finance
IDFC First Bank to merge with IDFC Ltd in 155:100 share exchange ratio
Post merger, book value per share of IDFC First Bank would increase by 4.9%, as calculated on audited financials as of March 31, 2023. The … Read more
Peak XV leads $10 million Series A1 funding round of spacetech start-up Digantara
This investment will enable the Bengaluru-based firm to deploy the first phase of its flagship Space-MAP surveillance satellite constellation. Bengaluru-based space situational awareness (SSA) firm Digantara … Read more
BPCL to add 165 EV charging corridors by March; to add 7.5 bn litres of ethanol capacity.
Rapidly expanding capability to promote cleaner vehicle fuels like ethanol and EV charging infrastructure, says P.S. Ravi, Executive Director of BPCL. Bharat Petroleum Corporation (BPCL), … Read more
Maruti Suzuki sales rise 2% YoY in June at 1,59,418 units; domestic PV sales up 8%
The mini car category, which includes popular models such as Alto and S-Presso, witnessed a slight decline, with 14,054 units sold compared to 14,442 units … Read more
Mercedes-Benz India sold more than 25,000 cars through its ‘direct-to-customer’ sales model
Santosh Iyer, MD and CEO of Mercedes-Benz India, told Business Today, says top-end segment is one of the fastest growing. Mercedes-Benz India seemingly paved the … Read more
HDFC Bank initiates rebranding process of HDFC offices, branches after merger
The complete process of changing the look of HDFC Ltd offices and branches is expected to take around 24 hours. HDFC Bank has started rebranding … Read more
Is HDFC Bank’s lacklustre stock performance about to get better with a stronger mortgage portfolio?
On July 1, HDFC Ltd will merge with the bank, providing it an extensive network of specialised branches, highly skilled employees, and a secured mortgage … Read more
‘Will liquidate non-core assets if equity funding doesn’t materialise’: Byju Raveendran tells employees
Byju Raveendran addressed his employees in a virtual town hall and assured them that “the situation is not as bad as what appears in the … Read more
‘It pains us,’ says Tata group Chairman N Chandrasekaran after jobs scam at TCS
Chandrasekaran said, “Whenever there is a violation of ethical conduct by any employee, it pains us. It pains me and all the leaders very deeply. … Read more