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The curious case of UAE-based funds in India's small-cap bubble

Bengaluru, March 28 -- Last summer, Marriott International, which operates hotels across 139 countries, agreed to start a 350-room hotel on Al Marjan Island, one of the four islands of Ras Al Khaimah,... Read More


When shareholder voting is on, many directors pull their candidature

New Delhi, March 27 -- Asian Paints Ltd's independent director Pallavi Shroff withdrew her candidature for a second term on the board while shareholders voted on the proposal, joining a long queue of ... Read More


When Cupid stepped up to Tourism Finance, and walked back

New Delhi, March 25 -- A strange sequence of events at small-cap companies Tourism Finance Corp. and Cupid Ltd, and the role of their biggest shareholder Aditya Halwasiya-whose elder brother's busines... Read More


Norges in favour of ICICI Securities delisting

New Delhi, March 24 -- Norway's Norges Bank Investment Management, the world's biggest sovereign wealth fund, has stamped its approval on ICICI Bank Ltd's proposal to delist and merge the brokerage bu... Read More


Accenture secures $1.1 billion GenAI projects in Sep-Feb

New Delhi, March 22 -- IT services provider Accenture Plc secured generative artificial intelligence (GenAI) projects totalling $600 million in the three months through February, following up on $450 ... Read More


At India's second-largest engineering co, gaps emerge in electoral bond funding

New Delhi, March 18 -- If Megha Engineering and Infrastructures Ltd (MEIL) is to be believed, it lost out on becoming the country's biggest political donor by just a few crore rupees. But going by the... Read More


Why are RBI and Sebi spooked about JM Financial Products?

Bengaluru, March 11 -- In October last year, Piramal Enterprises Ltd raised around Rs.533 crore through non-convertible debentures (NCDs), out of which JM Financial Products Ltd, a subsidiary of JM Fi... Read More


A slowing TCS aims at least double-digit growth in fy25

bengaluru, March 4 -- India's top IT services company will grow at its slowest pace this year, but for the year ahead, it has nothing short of a growth blitz in mind. Tata Consultancy Services (TCS) ... Read More


Why the Ratan Tata biography is not in print yet

New Delhi, Feb. 19 -- The long wait for the biography of India's foremost businessman and philanthropist has become longer. And even uncertain. The authorized biography of Ratan Tata by former bureau... Read More


Zee's largest shareholder, ICICI Prudential Mutual Fund, sells 42% of holding

Bengaluru, Feb. 1 -- Embattled Zee Entertainment Enterprises Ltd's largest shareholder, ICICI Prudential Mutual Fund, has sold 42% of its holding in the company after Japan's Sony Corp. called off the... Read More