Enterprise Financial News

26.01 / 05:11
UPS Digital Manufacturing CEO Strategy Sustainability Enterprise Agratas to leverage Tata Tech’s expertise to fast-track EV battery development
Agratas, Tata Group’s global battery business, and Tata Technologies, an engineering and digital services company have announced their collaboration to scale Agratas’ product development and enterprise systems, supporting the design, development and manufacturing of best-in-class battery solutions.
26.01 / 04:07
Provident Target Enterprise information reports testing Investigations Microsoft alerts other organisations of Russia-backed hackers' threats after email hacking incident
Microsoft's Threat Intelligence team, stating that the group has been targeting various organisations. Microsoft has initiated notification processes for the targeted entities. Also Read | FTC launches inquiry into artificial intelligence deals such as Microsoft's OpenAI partnership Recent developments suggest that Midnight Blizzard's activities extend beyond Microsoft.
25.01 / 19:55
Provident security Enterprise Actor information reports HP Enterprise discloses hack by suspected state-backed Russian hackers
Hewlett Packard Enterprise says suspected state-backed Russian hackers broke into its email system and stole data from cybersecurity and other employees
25.01 / 16:58
Entertainment Enterprise Edison DISH Diversity Investigations ED searches Essel Group companies in RFL money laundering case
Enforcement Directorate on Thursday said it raided companies of the Essel Group in Mumbai and recovered «incriminating» documents as part of its ongoing money laundering investigation linked to alleged diversion of funds worth over Rs 2,000 crore from Religare Finvest Limited (RFL). The federal agency said in a statement that three premises linked to Konti Infrapower and Multiventures Pvt Ltd, Edison Infrapower and Multiventures Pvt Ltd, Asian Satellite Broadcast Ltd, Widescreen Holdings Pvt Ltd, Jayneer Capital Pvt Ltd, Spirit Infrapower and Multiventures Pvt Ltd and the residential premises of a former senior official of the Essel Group (who was not named) were raided on Wednesday.
25.01 / 16:19
Provident Enterprise Parke show consequences innovations stake Adani Power inks initial pact to sell entire stake in two arms to AdaniConnex for Rs 540 cr
Adani Power on Thursday said it has inked an initial pact to sell 100 per cent equity in its two arms Aviceda Infra Park and Innovant Buildwell to AdaniConnex for Rs 540 crore. «Adani Power has entered into a Memorandum of Understanding (MOU) to sell its 100 per cent equity stake in its two wholly-owned subsidiaries i.e.
25.01 / 15:41
IPO Booking Manufacturing Apple Enterprise Motorola band FoneBox Retail IPO: Check GMP, subscription status on day 1, other key details
FoneBox Retail IPO: The initial public offering (IPO) of small- and medium-sized enterprise (SME) Fonebox Retail Limited received mixed response from investors on Thursday, January 25, as the public issue was subscribed 14.88 times on the first day of bidding. FoneBox Retail IPO opened for subscription today and will close on January 29, 2023. FoneBox Retail IPO received mixed response from retail investors, non-institutional investors (NIIs) and qualified institutional buyers (QIBs) on the first day as the the portion reserved for QIBs was under-subscribed.
25.01 / 15:41
IPO Provident Enterprise Healthcare Docmode Health Tech IPO: Check GMP, subscription status on day 1, other key details
Docmode Health Tech IPO: The initial public offering (IPO) of small- and medium-sized enterprise (SME) Docmode Health Technologies received mixed response from investors on Thursday, January 25, as the public issue was subscribed 2.78 times on the first day of bidding. Docmode Health Tech IPO opened for subscription today and will close on January 30, 2023.
25.01 / 14:09
Provident Target BLOCK Waters Enterprise ICE show India's Chandrayaan-2 guides Japan's SLIM mission to land on moon
ALSO READ: ISRO's Vikram lander, Chandrayaan-3 gets pinged by retroreflector from NASA spacecraft To date, the Chandrayaan-2 mission's orbiter continues to study the moon and provides critical data on its topography, mineralogy, and the search for water ice. It weighs 3850 kg and was a leap forward from its predecessor Chandrayaan-1. The Chandrayaan-1 had orbited the moon at a height of 100 km for mapping purposes.
25.01 / 11:03
markets UPS Entertainment Enterprise rights Disney’s India unit valuation halves in Ambani merger talks
Walt Disney Co.’s India unit is being valued at less than half of what it hoped for in a proposed merger with Indian billionaire Mukesh Ambani’s media business, reflecting the struggle global media giants face in one of the world’s fastest-growing entertainment markets. After weeks of negotiations following a non-binding pact with Ambani’s Reliance Industries Ltd. to merge their entertainment business, Disney’s India assets are valued at around $4.5 billion, less than the $10 billion the US entertainment giant has previously pursued, according to people familiar with matter, who asked not to be identified as the discussions are private.
25.01 / 08:58
UPS FIVE Manufacturing Enterprise wellness recommendations rights Expect hike in custom duty on compressors, implementation of phased manufacturing programme: Amber Enterprises CMD
Jasbir Singh, Chairman & CEO, Amber Enterprises, says From the budget point of view, I do not think that there is anything pending, only the phased manufacturing programme implementability which was recommended to the government two years back. We expect that it would be in line. Also, there will be some custom duty increases on the compressor side. We see almost five companies coming to India and putting up compressor plants.
25.01 / 08:35
UPS Entertainment Enterprise trends Trade reports Zee Ent. shares drop 3.9% as Sensex falls
Zee Entertainment Enterprises Ltd. traded 3.9 per cent lower in Thursday's session at 01:50PM (IST). The stock opened at Rs 167.3 and has touched an intraday high and low of Rs 167.95 and Rs 158.2, respectively, during the session so far.
25.01 / 08:35
markets Enterprise Research community War reports shock My bat did the talking: Gautam Adani after 1 year of Hindenburg attack
Hindenburg Research handcrafted a multi-billion dollar shock with a 106-page report published online, business tycoon Gautam Adani on Thursday said his bat did the talking in the aftermath of the shortseller's attack.
25.01 / 07:35
markets UPS Enterprise Trade performer electronic PSU stocks' rally continues: RITES, Indian Bank, IREDA and 9 others surge up to 13%; check full list
BSE PSU index, reflecting the performance of public sector enterprises, surged by 1.2% to reach 16,698 points. Notably, it rebounded from the previous day's low of 15,838, marking a 5.2% recovery. 12 PSU stocks surged between 4% and 13% in today's trade, and among these, RITES emerged as the top performer, with its shares surging nearly 13% in intraday trade to ₹652 apiece.
25.01 / 04:11
markets JPMorgan Compilation Pool Citigroup Enterprise wellness Top banker pay sinks below $1 million in Asia as bonuses vanish
Wall Street firms in Asia dropped to the lowest level in almost two decades, according to people familiar with the matter, as a dearth of deals in China and Hong Kong hammered the industry. Total compensation for many senior bankers in Asia ex-Japan fell to $700,000 to $800,000, well below the $1 million or more they have typically earned since the turn of the millennium, the people said, asking not to be identified discussing private matters. At least 20 percent of managing directors at banks including Morgan Stanley and UBS Group AG, received no bonuses last year, the people said.
25.01 / 01:21
UPS Entertainment Enterprise Sony Trade track reports Stocks in news: Tata Steel, Tata Technologies, SBI Life, Bajaj Auto, Zee
Tata Technologies, SBI Life, ZEE among others will be in focus due to various developments and quarterly numbers. Here's a complete list of stocks for investors to track.
24.01 / 19:15
Enterprise stake Piramal Enterprises to acquire 10.4% stake in Annapurna Finance for ₹300 crore
₹300 crore. Annapurna Finance is a non-banking financial company, headquartered in Odisha.
24.01 / 19:15
UPS Action Entertainment security Enterprise Sony Zee gears up for legal battle against Sony
MUMBAI : Zee Entertainment Enterprises Ltd on Wednesday dragged Sony Pictures Networks India (now Culver Max Entertainment Pvt. Ltd) before the National Company Law Tribunal (NCLT), following the inglorious end to their two-year engagement. The Punit Goenka-led firm moved the tribunal seeking directions to implement the merger, while also initiating legal action to contest Culver Max and Bangla Entertainment Pvt.
24.01 / 13:55
Enterprise Trade donates Azim Premji gifts Wipro shares worth ₹500 cr to sons Rishad, Tariq
₹500 crore, as gift to his two sons, Rishad and Tariq, according to data from the stock exchanges. Azim Premji, 78, owned 22,58,08,537 shares, or 4.32%, in Wipro until last week. On 20 January, Premji gave 51,15,090 shares, each, to elder son Rishad, who is the chairman of Wipro, and to Tariq, who works at Azim Premji Foundation.
24.01 / 12:35
Provident Sustainability Enterprise Research community innovations Schools Going to School Inspires Young Women Entrepreneurs to Take on Climate Change Supported by Deutsche Bank, J.P. Morgan
Going to School, a not-for-profit education trust, brought together twenty-three women entrepreneurs from marginalised communities in Mumbai and Bengaluru to present startup ideas that can help address climate change.The initiative, named Pitch It, is akin to the popular show, Shark Tank which involved startups and entrepreneurs pitching their business models before industry veterans to onboard them as investors.With the guidance of the Youth Venture Fund, the project has J.P. Morgan offering support by creating a pipeline of skilled women entrepreneurs and Deutsche Bank providing access to startup grants.

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