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India signs $7-billion deal with Hindustan Aeronautics for supply of 97 fighter jets to Indian Air Force

India, Sept. 25 -- India's Defence Ministry has signed a deal worth Rs.62,370 crore (about $7 billion) with Hindustan Aeronautics Ltd. to procure 97 Tejas Mk-1A fighter jets for the Indian Air Force. ... Read More


Govt signs $7-billion deal with Hindustan Aeronautics for supply of 97 fighter jets to Indian Air Force

India, Sept. 25 -- India's Defence Ministry has signed a deal worth Rs.62,370 crore (about $7 billion) with Hindustan Aeronautics Ltd. to procure 97 Tejas Mk-1A fighter jets for the Indian Air Force. ... Read More


Larry Ellison's philanthropy comes into focus amid surge in net worth

India, Sept. 25 -- A surge in Larry Ellison's net worth to rival that of world's richest man Elon Musk has put into renewed focus on his philanthropy. The founder of Oracle Corp. and potential TikTok... Read More


PhonePe files for India IPO to reportedly raise up to rRs.r1,200 crore

India, Sept. 24 -- PhonePe Ltd., India's biggest UPI app backed by Walmart Inc., has filed for an initial public offering via the confidential route. The PhonePe IPO will see the Flipkart Group compa... Read More


Hindenburg report wasn't an attack on Adani Group but on global dreams of India Inc., Gautam Adani says

India, Sept. 24 -- Hindenburg Research didn't just target Adani Group but India Inc. as a whole, Gautam Adani said on Wednesday. "The report was not merely a critique of your Adani Group. It was a di... Read More


Hindenburg report wasn't just an attack on Adani Group, Gautam Adani claims

India, Sept. 24 -- Hindenburg Research didn't just target Adani Group but India Inc. as a whole, Gautam Adani said on Wednesday. "The report was not merely a critique of your Adani Group. It was a di... Read More


A pocket of India's stock market is defying Donald Trump's 'America First' policy

India, Sept. 24 -- Donald Trump's sticker shock on new H-1B visas and tariff tantrums have nothing on stocks that are focused on India's consumption story-thanks in no small measure to GST rate cuts. ... Read More


Swiggy to exit Rapido in a rRs.r2,400-crore stake sale deal with Prosus, Westbridge Capital

India, Sept. 23 -- Swiggy Ltd. has decided to sell its entire stake in Rapido in a Rs.2,4000-crore deal, according to an exchange filing. That pegs Rapido's valuation at Rs.20,330 crore as against Rs.... Read More


Swiggy to exit Rapido in a rRs.r2,400-crore stake sale deal

India, Sept. 23 -- Swiggy Ltd. has decided to exit Rapido in a stake-sale deal that more than doubles the valuation of the mobility startup. The listed quick-commerce company will sell 10 equity shar... Read More


Cyient says it has only 6 H-1B workers in US

India, Sept. 22 -- Cyient Ltd. doesn't see any material impact from the sticker shock on H-1B visa as the technology and engineering company has only six such employees in the United States. "We woul... Read More