CCI issues ‘cease and desist’ order against 6 firms found guilty of bid rigging The Competition Commission of India (CCI) refrained from imposing any monetary penalty

CDSL Q2 net profit rises 80%, shares surge CDSL share price was trading over 2% higher to ₹1,383 apiece on the NSE in Monday's early trading session

19-year-old duo dropped out of Stanford computer science program to set up a startup Zepto will be competing with multiple bigger online grocers such as the SoftBank Group Corp-backed Grofers and the Google-backed Dunzo for a slice of the rapid grocery delivery segment

Just how clean can two Indian billionaires really be? Mukesh Ambani and Gautam Adani owe their fortunes to carbon, and yet it’s in hydrogen — the simplest known element — where a complex contest between them could open a pathway to decarbonized economic growth

Gig workers find new homes on shifting consumer choices E-com firms are leading the demand for grey-collar gigs for customer and seller on-boarding

‘Through startups, we are becoming a product nation’ Microsoft continues to be a platform provider, and startups are building interesting solutions on top of these tech platforms, says Sangeeta Bavi, director, startup ecosystem, Microsoft India

B Capital, others invest $50 mn in Fi The latest funding round boosts the neobank’s valuation to $315 million

LIC cut holding in Q2 as market hit record Domestic institutional investor ownership in stocks slips to 3-year low

Packaged goods cos see volumes drop in September quarter Overall, fast-moving consumer goods volumes fell 0.5% in the September quarter, against a 4.9% growth a year ago. .While rural volumes grew 1.5% against a 4.5% growth a year ago, urban volumes shrank 2.6% against a 5.3% growth a year ago

Medical freezer output was ramped up by 300% last year: Kamal Nandi Kamal Nandi, business head and executive vice-president, Godrej Appliances, speaks about how the company is supplying medical equipment and freezers to state depots at several locations, which then are commissioned at govt hospitals, health centres …

Investment in Brazilian startups is booming Venture-capital funding in Brazil tops countries including South Korea and Indonesia, even in a slow-growth economy with macroeconomic risks

The classic Jaguar that eclipses the Corvettes and Mustangs in her past This car lover grew up in a world of iconic, all-American vehicles, but something changed when she saw this 1971 E Type 4.2

As China’s developers struggle, investors prefer property managers Companies that look after the country’s vast apartment complexes are in much better shape

Even paint makers are feeling the chip shortage 3M, Corning and PPG said sales are suffering, as major customers produced fewer vehicles, washing machines, devices; ‘something we can’t control’

Gig companies can’t take everyone for a ride For ride-sharing and food delivery companies, underpaying drivers won’t deliver

M3M to launch first housing project on Sahara land The developer plans to launch about 1,100 premium apartments in Sector 113, Gurugram, in a month’s time..Of the 185-acre mixed-use development, with 12 million sq. ft of built-up area, about 165 acres will be developed as a township.

Purplle plans to go for IPO in about 4 years from now The e-commerce company on Friday had announced the raising of around USD 75 million (about ₹555 crore) in a funding round led by private equity fund Kedaara at an enterprise valuation of USD 630 million ( ₹4,662 crore)

American Airlines cancels hundreds of flights Several U.S. airlines have had a difficult time managing as travel quickly returned in recent months

What's so unique about Meta? Mixing reality with an Alphabet soup Zuckerberg, unlike Page, made no reference in his speech to ‘a cleaner and more accountable’ company, despite the numerous legal and privacy tangles that the company has been embroiled in, and continues to grapple with, in the US, European Union a…

Meta shares surge. No, not Facebook’s Meta Canadian company’s stock jumps; it has similar name as the rebranded Facebook but no relation

Exxon Mobil’s strategy: Be a lean, mean cash machine Oil companies are trimming capital expenditures while boosting shareholder returns. That could come back to bite

Oil majors won’t come running to help world facing energy crunch Exxon, Shell, Chevron are passing windfall profits on to shareholders and restraining capital spending despite soaring prices

Omaxe elevates Mohit Goel to post of MD Omaxe board of directors approved the re-designation of founder Rohtas Goel as chairman and whole time director of the company with immediate effect

Indian Bank reports ₹ 266-cr fraud in three accounts to RBI Three non-performing accounts have been declared as fraud and reported to RBI as per regulatory requirement, Indian Bank said in a filing to the stock exchanges

IOC Q2 results: Net profit at ₹ 6,360 cr as high margins soak cost jump; firm declares ₹ 5 dividend Indian Oil saw better operational performance marred by lower inventory gains, leading to only marginal growth in quarterly profit

Godfrey Phillips Q2 profit rises 2% to ₹ 105 cr, revenue dips Cigarettes, tobacco and related products clocked a revenue of ₹677.52 crore as compared to ₹749.24 crore in the year-ago quarter

IDFC First Bank Q2 results: Net profit rises 50% to ₹ 151 cr, NII up 27% IDFC First Bank posted 9.75% growth in advances at ₹1,17,243 crore in the said quarter. Gross Funded Assets stood at ₹1,06,828 crore at the end of the second quarter of 2020-21

Chip shortage: Maruti Suzuki expects production woes to continue in November Maruti Suzuki said total vehicle production volume next month cross both its factories in Haryana could be around 85 per cent of normal roll-out

CredAvenue sets up technology development centre in Bengaluru CredAvenue has a portfolio of five platforms - term lending enterprise solution, CredLoan; origination platform CredCoLend; bond issuance and investment platform, Plutus; trade financing portal, CredSCF and securitisation and portfolio buyout solution, Cr…

Sebi warns Vedanta over related-party transactions In a warning letter, which Vedanta as per SEBI directions disclosed to stock exchanges, the regulator said it will take action if such actions were repeated in future

unlu announces India’s first online cohort for aspiring singers The company envisions helping creators make a sustainable income from their creative passion to become the biggest platform in monetizable content creation

Tesla shares record best monthly rally since November Shares of the electric-vehicle maker surged 44% in October

India's largest airport operator now wants to book your flights, plan your holidays Adani Enterprises Ltd., the group’s flagship, has agreed to acquire a ‘significant minority stake’ in Cleartrip for an undisclosed sum

Fireworks start in job market ahead of Diwali Job openings are at a new high and the competition for talent - especially those in technology - is at a level not seen in many years, more than half-a-dozen recruitment firms and job sites told ET.

Charlie Munger defends his design for a dormitory building in California The blueprints for “Munger Hall” call for an 11-story building that could house 4,500 students at the University of California, Santa Barbara,

Nykaa IPO subscribed 4.86 times The institutional investor category was subscribed 4.77 times, while the non-institutional category comprising high-net-worth individuals was subscribed 418% or 4.18 times.

Govt  rolls  back  plan on sharing IRCTC convenience fee On 28 October, the railway ministry asked IRCTC to share half of the convenience fee collected by it from passengers starting 1 November. .When markets opened on Friday, the move triggered the steepest plunge since IRCTC’s market debut in October 2019…

HT Media reports ₹ 29.91 crore profit in Q2 HT Media units include Hindustan Media Ventures Ltd, HT Music and Entertainment Co. Ltd, HT Mobile Solutions Ltd, Next Mediaworks Ltd, Next Radio Ltd, HT Noida (Company) Ltd and Mosaic Media Ventures Pvt. Ltd.

Apple doubled India business in 2021; sold 3.2 million iPhones in 2020 According to Cybermedia Research, Apple’s shipments registered a 150% quarter-over-quarter growth in India during the quarter ended September 2021, which is a 28% year-on-year increase

'We trust Indian industry': WHO official on Covaxin EUL approval Hyderabad-based Bharat Biotech, which has developed Covaxin, had submitted EOI (Expression of Interest) to the World Health Organisation on April 19

Viacom18 Consumer Products to sell Garfield merchandise in India Over the last year, Viacom18 Consumer Products has managed 10 new licensee brands across 10 categories for apparel, accessories, eyewear and furnishings, among others

'Signal of stability': Anand Mahindra as RBI Governor Das gets 3-year extension The government has extended the term of Reserve Bank of India Governor by another three years up to December 2024

Vanity Wagon raises ₹ 5.5 crore in pre-series A round The funds raised will be used for further strengthening the tech platform, marketing, brand building, team expansion and private label acquisitions. Vanity Wagon also plans to expand its presence in the international market

Tata Starbucks rolls out transportation programme for female employees The move is aimed to help more women make career choices that support their growth, the coffee chain said in a statement.

Tesla has won over equity investors but not ratings firms The electric-car maker on Monday joined a small club of companies valued above $1 trillion, but its debt ratings remain in junk territory

Railways to withdraw decision on IRCTC convenience fee, stock recovers IRCTC on Thursday said it has been asked to share 50% of its revenue earned as convenience fee from bookings on its website

Vastu Housing Finance raises $200 mn led by Norwest, others The fresh investment will help Vastu Housing expand operations in existing locations, explore new markets and invest in the next-generation technology platform to enhance customer experience

Facebook’s name change to Meta reflects common corporate tactic Marketing experts talk about the successes, failures of companies’ efforts to reflect an expanded portfolio or create a fresh start with a new name

Adani Transmission raises $700 million for under-construction projects Adani Transmission said the deal fully finances under-construction transmission projects in four SPVs in Gujarat and Maharashtra to establish green corridor and strengthen the overall grid