Renewable energy platform Inox Clean Energy Ltd has raised ₹700 crore from Adar Poonawalla Family Office, through their investment arm, Rising Sun Holdings Pvt. Ltd, at a valuation of ₹70,000 crore, as the company seeks to strengthen its balance sheet and support further expansion. The investment follows an earlier infusion of about ₹800 crore from…
The Las Vegas Raiders’ star player Maxx Crosby has been a regular name concerning trade rumors ever since his trade to the Baltimore Ravens failed reportedly because of a physical test back in March 2026. Amid all the mess, it seems the New England Patriots and the San Francisco 49ers have emerged as potential landing…
MUMBAI: Abu Dhabi’s International Holding Company, which emerged as a key backer of the Adani Group following the Hindenburg-induced market turmoil in 2023, is deepening its partnership with the conglomerate through an $11.5 billion integrated aluminium project in Odisha.The partners have formed an equal joint venture to build a sprawling aluminium complex comprising a four-million-tonne…
Hrithik Roshan got married to Sussanne Khan in December 2000. It was the same year, his debut film released and he became a superstar. The couple got divorced in 2014. While till date, several reports suggest that Sussanne took an alimony of Rs 400 crore. In a recent interview, Sussanne’s sister, jewellery designer Farah Khan…
CEO of Citadel Ken Griffin is interviewed Chairman of the Milken Institute Michael Milken (not pictured) during the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 7, 2025. Mike Blake | Reuters Ken Griffin’s Citadel posted positive returns across its various hedge fund strategies in the first half of 2026, led by…
Avenue Supermarts Ltd, which operates the DMart retail chain, on Thursday (July 2) reported its business update for April-June 2026. The retailer reported a 15.1% year-on-year rise in standalone revenue from operations for the quarter ended June 30, 2026. The company’s standalone revenue from operations for the first quarter of FY2026-27 stood at ₹18,343.49 crore,…
MUMBAI: Bank of Baroda has agreed to pay $600 million (about Rs 5,700 crore) to the administrators of the collapsed West Asian healthcare group NMC Health in an out-of-court settlement that brings to a close years of cross-border insolvency and fraud-related litigation, with both sides making no admission of liability and courts in Abu Dhabi…
NEW DELHI: Faced with a pile of cases under the Foreign Exchange Management Act (Fema) and eager to avoid prolonged legal battles, the Enforcement Directorate is settling for large-scale compounding of offences and termination of adjudication proceedings after obtaining the Reserve Bank of India‘s approval.In the last 15 months, more than 150 Fema cases have…
MUMBAI: If you think the AI boom will only make MacBooks and iPads more expensive, you are wrong. You probably do not realise it, but a host of products you use every day have memory chips in them-this is because devices are getting ‘smart’ which means they require more memory to process data and run…
Broadband technology firm Sterlite Technologies Ltd (STL) on Thursday (July 2) said it has raised ₹1,500 crore through a qualified institutions placement (QIP), with participation from domestic and global investors. The company said it allotted 2.57 crore equity shares to qualified institutional buyers, taking its paid-up equity share capital to ₹102.78 crore, comprising 51.39 crore…
