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Posted in Business

AI is slop, an unripe fruit and an insomniac| Business News

Cognitive warmup. It was in January 2023 when Buzzfeed Inc. CEO Jonah Peretti announced in a memo to staff that the company was making a…

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The Jio Platforms IPO gathered momentum last week after the finance ministry eased public shareholding norms for large caps. (Reuters)
Posted in Business

Reliance accelerates plans for Jio IPO, DRHP likely in the next 2-3 weeks| Business News

Reliance Industries Ltd. is accelerating plans to list Jio Platforms Ltd., appointing a massive syndicate of Wall Street and domestic banks for what is poised…

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Adani Enterprises Chairman Gautam Adani. While Vedanta can challenge the Adani-Jaypee acquisition deal in NCLAT, Adani Enterprises can still go ahead with the takeover. (Reuters)
Posted in Business

Adani secures $1.7-bn takeover of bankrupt Jaypee Group in major infra win| Business News

The National Company Law Tribunal has approved Adani Enterprises Ltd.’s ₹14,535 crore ($1.74 billion) resolution plan to acquire bankrupt infrastructure heavyweight Jaiprakash Associates Ltd. The…

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Tata Sons Chairman Natarajan Chandrasekaran (left) and Tata Trusts Chairman Noel Tata.
Posted in Business

Noel Tata seeks truncated term for Tata Sons Chairman Natarajan Chandrasekaran as part of succession revamp| Business News

Tata Trusts Chairman Noel Tata is advocating for a two-year extension for Tata Sons Pvt. Ltd. Chairman Natarajan Chandrasekaran rather than the five-year mandate, as…

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Posted in Economy

No severe shocks despite crises, says Sitharaman as she highlights India’s economic strength

New Delhi: India’s economic might, shaped by prudent policy-making over the past decade, enables it to effectively tackle unforeseen circumstances, including the ongoing war in…

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Posted in Economy

India’s exports to hold in March despite global turmoil, says Piyush Goyal

New Delhi: India’s trade remains resilient despite global disruptions and the deficit is manageable, commerce and industry minister Piyush Goyal said in the Lok Sabha…

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Posted in Economy

India engaged with US, working with industry to mitigate tariff impact: Govt to Parliament

New Delhi: The government is studying and assessing all the developments and remains engaged with the US, Minister of State for Commerce and Industry Jitin…

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Posted in Startups

Startup Mafia 2.0 Going Strong: Zomato, Freshworks, Zoho alumni launch 360 firms

New-age companies such as Oyo, Ola, Zomato, and Udaan continue to be launchpads for first-time founders to go it on their own. In 2023, ET…

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Perfios appoints Nitin Chugh as the group CEO
Posted in Startups

Perfios appoints Nitin Chugh as the group CEO

Banking technology company Perfios has appointed former State Bank of India deputy managing director Nitin Chugh as the firm’s new group CEO and managing director….

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Posted in Economy

India’s exports to hold steady in March despite global disruptions: Piyush Goyal

New Delhi: Commerce and industry Piyush Goyal Tuesday said in Lok Sabha that India’s trade remains resilient despite global disruptions. While merchandise trade saw some…

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