New investment proposals up 71% in 2022 as economy strengthens

[ad_1] After two disappointing years when the Covid pandemic hit the entire country, Indian industry is showing signs of optimism on the investments front. New investment proposals by the industry…

Vi equity conversion ‘complex’, discussions on, says Vaishnaw

[ad_1] Cash-strapped telco Vodafone Idea (Vi) will need capital infusion from multiple sources, not just conversion of its interest dues on statutory payments, Union Communications Minister Ashwini Vaishnaw said Thursday.…

Annapurna Finance Pvt applies for universal bank license

[ad_1] The Reserve Bank of India (RBI) on Wednesday said it has received an application from Bhubaneswar-based Annapurna Finance Pvt Ltd for an on- tap license to start universal banks…

Inflation drives Britain’s record Christmas grocery sales

[ad_1] British grocery sales rose 9.4 per cent to a record 12.8 billion pounds ($15.3 billion) in the four weeks to December 25, though growth was driven by price inflation…

BharatPe CEO Suhail Sameer quits

[ad_1] BharatPe’s chief executive Suhail Sameer, who had a fall out with ousted co-founder Ashneer Grover, has stepped down, sending the company scouting for succession planning. In a statement, BharatPe…

Swiggy loss widens to Rs 3,628.9 crore in FY22

[ad_1] Food and grocery delivery platform Swiggy has reported a widening of its net loss to Rs 3,628.9 crore for FY22. The company had posted a net loss of Rs…

Zomato Co-founder, CTO Gunjan Patidar resigns

[ad_1] Online food delivery platform Zomato Ltd said its Co-founder and Chief Technology Officer Gunjan Patidar resigned from the post on Monday. Patidar was one of the first few employees…

India’s factories ended 2022 on a strong note

[ad_1] India’s manufacturing industry ended 2022 on a solid footing as business conditions improved at the fastest rate in over two years while growth in new orders and output accelerated,…

Former Tata Sons director Krishna Kumar dies at 84

[ad_1] Tata Group veteran and former Tata Sons director R K Krishna Kumar on Sunday passed away in Mumbai suffering a cardiac arrest. Krishna Kumar, who was a close associate…

India’s M&A deals soar to $126.09 bn

[ad_1] M&A deals in India soared to $126.09 billion across 1,185 deals in 2022. However, the growth rate — at 141% — was largely due to the HDFC Bank and…