Enterprise Financial News

22.01 / 17:29

CEO Landmark Enterprise Celebrity country social Corporate India's power brigade turns out in full force at Ayodhya

Reliance Industries chairman Mukesh Ambani; Sunil Bharti Mittal, founder and chairman of Bharti Enterprises; Kumar Mangalam Birla, chairman of the Aditya Birla Group; Hero Enterprise chairman Sunil Munjal; Zee CEO Punit Goenka; Vedanta chief Anil Agarwal; Niranjan Hiranandani, MD of the Hiranandani Group, and Oyo founder Ritesh Agarwal were among those who attended the event. «Lord Ram is arriving today. January 22 will be Ram Diwali for the entire country going ahead,» said Mukesh Ambani as he arrived in Ayodhya with his family including wife Nita Ambani, daughter Isha Ambani, sons Akash and Anant Ambani, daughter-in-law Shloka Mehta and Anant Ambani's fiancee Radhika Merchant. Mittal said he was feeling «blessed» to be in Ayodhya.

22.01 / 16:01

UPS Entertainment Enterprise Invesco WhatsApp Sony For Zee’s investors, a teary two-year ride

BENGALURU : Three months after Zee Entertainment Enterprises Ltd’s largest investor, American money manager Invesco, first blew the bugle of shareholder activism in September 2021 and demanded a reconstitution of the company’s board, media mogul Subhash Chandra signed a merger agreement with Japanese giant Sony Corp. On 22 December, 2021, Zee and Sony proposed to create a $10-billion media behemoth in which Sony would own 50.88% and the Chandra family 3.99%, with the remaining shares held by public investors. The news of the announcement in the media in the run-up to the formal announcement had pushed up the share price: Zee shares were up 90% from 11 September, when Invesco’s letter to the Zee board was shared with the stock exchanges.

22.01 / 14:27

Aviat CEO Airlines Strategy Enterprise reports travelers InterGlobe Enterprises appoints Udaan’s Aditya Pande as CEO

NEW DELHI : InterGlobe Enterprises, the parent company of India’s largest airline IndiGo, has announced the appointment of Aditya Pande as group chief executive officerwith effect from March. Pande joins the travel conglomerate from Udaan, India’s largest enterprise e-commerce company, where he was chief financial officer the past three years. Udaan announced his resignation on Monday.

22.01 / 13:31

COST CEO Entertainment Enterprise Sony film In Ayodhya, Zee boss Punit Goenka dubs Sony deal termination as 'a sign from the Lord'

Zee Entertainment Enterprises Ltd (ZEEL) Punit Goenka today dubbed the breakdown of Sony-Zee deal as a sign from Lord Ram.

22.01 / 13:31

CEO Airlines Strategy Enterprise InterGlobe Enterprises appoints Aditya Pande as Group CEO

InterGlobe Enterprises on Monday appointed Aditya Pande as the Group Chief Executive Officer of the company, with effect from March 1, 2024. This comes after Pande resigned as the chief financial officer of India’s largest B2B e-commerce company, Udaan, earlier today, concluding a three-year stint.

22.01 / 12:05

markets CEO Enterprise President International Former TCS CMO Rajashree R joins Tech Mahindra

Tech Mahindra on Monday announced the appointment of former Tata Consultancy Services chief marketing officer Rajashree R as its chief growth officer for strategic verticals in the Americas. Rajashree comes with extensive experience in retail and marketing at TCS where she worked for almost 20 years. Her resignation from TCS was announced in July, soon after former chief executive Rajesh Gopinathan’s abrupt exit in March 2023.

22.01 / 09:13

Provident CEO Entertainment Enterprise Sony reports 'Sign from the Lord': Punit Goenka tweets from Ram Janmabhoomi as Zee-Sony merger fails

Zee Entertainment Enterprises CEO Punit Goenka on Monday reacted to Sony officially ending the merger of its India unit with Zee. In a post on X (formerly Twitter), he called it a ‘sign from the lord’.

22.01 / 08:25

IPO Provident Enterprise WhatsApp Healthcare Trade testing Ram Mandir Pran Pratishtha Holiday: Nova Agritech, Epack Durable IPOs deferred by a day; Medi Assist listing postponed

Nova Agritech IPO, Epack Durable IPO, Brisk Technovision IPO, and Qualitech Labs IPO are among the initial public offerings that have been deferred by a day.

22.01 / 08:25

Digital Action Entertainment Enterprise Sony information rights Sony seeks $90 million termination fee from Zee for alleged breaches of merger agreement

Culver Max Entertainment is seeking a termination fee of $90 million from Zee Entertainment Enterprises on account of alleged breaches of the terms of the Merger Co-operation Agreement (MCA), Zee said in a statement to the stock exchange.

22.01 / 08:25

Reuters Aware Enterprise wellness show voice social Voice AI startup ElevenLabs gains unicorn status after latest fundraising

ElevenLabs has gained unicorn status after its latest round of fundraising, a person familiar with the matter said, as surging investor interest for generative AI technology sends startup valuations soaring. ElevenLabs on Monday said it raised $80 million in Series B funding from investors led by venture capitalist Andreessen Horowitz along with entrepreneurs Nat Friedman and Daniel Gross, with participation from Sequoia Capital among others.

22.01 / 07:33

CEO Action Entertainment Enterprise Sony rights Investigations Zee to take legal action against Sony for scrapping merger deal

Zee Entertainment said it will take legal action against Japan-based Sony Group following the termination of merger plans which would've created India's largest broadcasting company.

22.01 / 07:15

Provident Extreme Entertainment CME Enterprise Sony end NOT Extremely disappointed that merger closing conditions were not satisfied by end date: Sony

Zee Entertainment Enterprises Limited (ZEEL) terminating the agreement dated December 22, 2021, to merge ZEEL and CME.

22.01 / 06:39

COST Provident Apple Enterprise Interface President information Apple executives unveil Vision Pro's future in surgery, aircraft repair, and education

Rockwell, the vice president overseeing the device, highlighted the potential for the Vision Pro in surgical settings. He explained that surgeons often face challenges in accessing scattered information during procedures. The mixed-reality headset could consolidate this data, providing a comprehensive and streamlined interface to potentially enhance patient outcomes.

22.01 / 02:07

UPS Cooper Platform Enterprise Diversity Department place Govt’s e-market place set to hit ₹3.5 trillion in GMV

NEW DELHI : The gross merchandise value (GMV) of state-run government e-marketplace (GeM) may be up by 75% and touch ₹3.5 trillion in the current financial year, as government departments have been busy procuring goods and services through the portal, two persons said. The expected GMV will be up by ₹1.5 trillion from the last fiscal’s ₹2 trillion.

21.01 / 22:13

markets Enterprise reports Kindred confirms takeover bid from FDJ

(Reuters) -Online gaming company Kindred Group confirmed on Sunday it has received a cash takeover bid from French group La Francaise des Jeux.

21.01 / 20:11

Aware CEO Entertainment Enterprise Sony country reports NOT Deadline over; Sony not keen to extend good faith negotiations with Zee, $10 billion merger likely terminated

Sony Group Corp is unlikely to extend the good faith negotiations with Zee Entertainment Enterprises Ltd. (ZEEL) — whose deadline was supposed to lapse on midnight of January 21, said people aware of the matter.

21.01 / 17:56

UPS Target FIVE Enterprise Highways Department FY25 Capex target for CPSEs may rise by 12-13%

capital expenditure target for central public sector enterprises (CPSEs) by 12-13%, people familiar with the matter said. In absolute terms, the capital expenditure of 54 CPSEs and five departmental arms of government including Railway Board and National Highways Authority of India is expected at around ₹8.20-8.30 lakh crore for the next fiscal year, said the people cited above. The capex target for CPSEs for FY24 was set at ₹ 7.33 lakh crore, up 13.4% over the revised FY23 target of ₹6.46 lakh crore.

21.01 / 17:53

UPS Cooper Enterprise wellness reports guidelines States' loan guarantee more than triples since FY17 to Rs 9.4 lakh cr in FY23

States often sanction and issue on behalf of their various enterprises, cooperative institutions, and urban local bodies guarantees in favour of their lenders which are generally banks or other financial institutions. The total loan guarantees extended by the 17 major states to their entities have more than tripled to Rs 9.4 lakh crore as of FY23 from Rs 3 lakh crore in FY17.

21.01 / 17:47

Target Apple Enterprise DELL IBM analyst play 5 big analyst AI moves: Apple and IBM upgraded, Baidu 'best AI play in China'

Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

21.01 / 11:31

UPS Cooper Enterprise wellness country reports Workers from UP, Bihar, Tamil Nadu constitute majority of workforce from India in Middle East: Report

Workers from Uttar Pradesh, Bihar, Rajasthan and Tamil Nadu constitute the majority of labour force from India in the construction industry in the Gulf Cooperation Council (GCC) countries, according to a report. Going by the data of Huntr, the UAE-based marketplace connecting migrant workers with enterprises, Uttar Pradesh, Bihar, Rajasthan, and Tamil Nadu are the highest contributors to the migration of construction workers from India to the GCC countries.

21.01 / 06:13

security Software Enterprise Continental Food Trade International week Q3 results this week: L&T Finance, Pidilite Ind, Adani Power, IIFL Securities, Zensar Technologies, Axis Bank and mo

Q3 results this week: The usual trading session for the domestic benchmark equity indices, Nifty 50 and Sensex, will resume on January 23, as the markets are closed on Monday, January 22. Investors will be watching a slew of banks' Q3 earnings throughout today's session, as well as the stock reactions of firms like KFin Technologies Ltd, L&T Finance, Pidilite Ind, REC Ltd, IIFL Securities, Zensar Technologies, Axis Bank, JSW Steel Ltd, Indian Energy Exchange Ltd, SBI Life Insurance Company Ltd, Shriram Finance Ltd, Yes Bank and more.

Enterprise Financial News

popular questions about Enterprise

What is Enterprise and why is it relevant?

Where can I find the latest updates on Enterprise?

How can I verify the accuracy of information on Enterprise?