MAN Industries CFO Sanjay Kumar Agrawal Resigns

Staff Reporter | 9 January 2025

The resignation is effective from the close of business hours on 8 January


The acquisition aims to strengthen the Indian IT services provider’s position in ai-powered contact center and unified communications


Current MD & CEO Gopal Vittal, who has led the company for the last twelve years, will become executive vice chairman


The bankruptcy regulator expects insolvency professionals to be vigilant and alert in checking communications sent to them


Indian steelmaker unveils plans to raise 14,000 crore rupees ($1.68 billion) and also agrees to acquire Minas de Revuboe to secure coking coal


The ayurvedic balm maker for pain management says Deloitte conducting forensic probe related to allegations of lapses by certain senior management


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The development came after RDC Concrete India sought action against BGR Energy Systems, claiming a default of 7.20 crore rupees


Dheeraj Wadhawan had provided a personal guarantee on the loans availed by DHFL from Union Bank of India


Jefferies says ICICI Bank stays among its top picks in the financial sector amid healthy deposit growth and slower cost growth


The board will meet on 9 December to consider issuance of shares and convertible securities on a preferential basis


NCLT also appoints Roshen Chordiya as Pune-based pharmaceutical company’s interim resolution professional


Japanese conglomerate will acquire the shares in Indian auto dealer through private placement


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Vedanta’s board approves a first interim dividend of 11 rupees per share for FY25


Reliance Power Appoints Neeraj Parakh As CEO

Staff Reporter | 20 January 2025

The appointment of Parakh, who joined Reliance Group 21 years ago, is for three years


National Company Law Appellate Tribunal today suspends the NCLT’s insolvency order against Reliance Infrastructure


Sumeet Arora filed the insolvency plea against Quant Capital over outstanding dues


The special audit directed by India’s central bank at the non-bank lender started on 23 April


Indian food and grocery delivery firm incorporates a new subsidiary, Swiggy Sports, to foray into the sports business