Business Vedanta appoints Mike Young as Senior VP to look after its semiconductor business… Adnan Nasir May 25, 2023 Vedanta-Foxconn Semiconductors Limited (VFSL), a joint venture between Vedanta and Foxconn announced, on May 25,…
Business DGCA asks Go First to submit revival plan within a month Adnan Nasir May 25, 2023 The Directorate General of Civil Aviation (DGCA) on Wednesday asked Go First to submit its "restructuring/revival…
Business Germany slips into recession: The economy submits contraction in two successive… Adnan Nasir May 25, 2023 The German economy was in recession in early 2023 as the household spendings in Europe's economic engine finally…
Business SoftBank in talk with 5 Indian startups, may invest up to $100 million in each Adnan Nasir May 25, 2023 Japanese based tech investor SoftBank is in talks to five Indian based startups, which are valued at around $400 to…
Business Wipro Executive Chairman Rishad Premji takes plunge of 50% in his salary Adnan Nasir May 25, 2023 Rishad Premji, the Executive Chairman of Wipro, has taken a voluntary cut in his salary for the fiscal year 2023,…
Business Elon Musk keen on Tesla manufacturing in India; CEO likely to finalise location by… Adnan Nasir May 24, 2023 Tesla CEO Elon Musk said on Tuesday that the automaker will probably finalise the location for Indian factory by…
Business Suzlon bags majors order of 300 MW wind power project from Torrent Power Ltd Adnan Nasir May 24, 2023 Suzlon announced on Wednesday that it has gained a significant order from Torrent Power Limited, further…
Business Go First plans to resume operation but shares not date to DGCA regarding the same Adnan Nasir May 24, 2023 Financial crisis hit airline Go First, on Tuesday, told the Directorate General of Civil Aviation (DGCA) that it…
Business Anil Agarwal led Vedanta signs a 5-year loan for $850 million from JPMorgan and… Adnan Nasir May 24, 2023 In a bid to tackle its soaring debt burden, Vedanta group has raised funds in form of loan from JP Morgan and…
Business Adani Green seeks to secure board permission to raise capital up to $1 billion Adnan Nasir May 24, 2023 Adani Green Energy is set to seek board approval to raise Rs 6,150 crore to Rs 8,200 crore ($750 million to $ 1…