Heightened tensions between Russia and Ukraine pushed global crude oil prices to around $95 per barrel, stoking fears of increased inflationary pressure on a recovering economy....
The Delhi High Court on Monday nixed a plea filed by hostel chain Zostel (Zo Rooms) seeking to restrain OYO Hotels and Homes from proceeding with its initial public offering (IPO) process, claiming that the former has seven per cent shareholding in the tech hospitality major....
Crypto is back on the discussion table as Finance Minister Nirmala Sitharaman and Reserve Bank of India...
Blackstone announced on Monday that private equity funds managed by Blackstone have acquired a majority stake in ASK Investment Managers Limited (ASK), one of India's largest asset and wealth management companies, from Advent International and other sellers....
App-based health and fitness platform Cult.fit on Monday said it has acquired the India business of international fitness chain Gold's Gym for an undisclosed sum. ...
In an important development signalling succession planning, two main Tata trusts controlling Tata Sons roped in Noel Tata as a trustee making him a board member, as per media reports....
Leading online food delivery platform Swiggy is set to acquire Times Internet-backed dining out platform Dineout for close to $200 million, reliable sources said here on Monday. ...
Saudi Arabia has transferred shares worth $80 billion to its sovereign wealth fund as the oil-rich nation hopes to rival Norway and Singapores state-managed funds and invest in green projects, The Guardian reported....
The Life Insurance Corporation of India (LIC) said that it is not in compliance with the sectoral regulator's stipulation regarding certain investments in its pension, group and life annuity funds....
As Elon Musk-owned Starlink struggles to enter the Indian market, Jio Platforms Ltd and global satellite-based content connectivity solutions provider SES on Monday announced a joint venture to deliver affordable broadband services in the country via satellite technology. ...