Hyundai Motor India will be added to the MSCI India Index effective February 28, 2025, while Adani Green Energy will be removed. MSCI announced the changes in its latest index review.

Warburg Pincus has exited Cartrade Tech, selling its entire 8.64% stake for over Rs 375 crore via an open market transaction. Mirae Asset Mutual Fund acquired a 6.4% stake in the company.

Warburg Pincus, Temasek Holdings and JP Morgan Investment divested a 13.7% stake in CarTrade Tech for Rs 535 crore through open market transactions. Highdell Investment, an arm of US-based Warburg...

Malabar Gold & Diamonds will open 12 new showrooms across India in FY25, investing Rs 600 crore. The expansion will increase its showroom count to 391 across 13 countries.

New India Assurance received a Rs 124.98 crore demand notice from the Income Tax Department for disallowing payments made to auto dealers. The company plans to appeal the order.

Accenture reports USD 16.7 billion in revenue for Q2, a 5% increase year-on-year. The company narrows its full-year revenue growth outlook to 5-7%.

HCC and Tata Projects JV awarded a Rs 2,470 crore pumped storage project in Maharashtra by Tata Power Company. The project includes civil works for the Bhivpuri Off-Stream Open Loop Pumped Storage...

PFRDA notifies the Unified Pension Scheme (UPS) for central government employees, offering an assured pension of 50% of average basic pay. Learn about eligibility, contribution, and implementation.

Malabar Gold & Diamonds will open 12 new showrooms across India in FY25, investing Rs 600 crore. The expansion will increase its showroom count to 391 across 13 countries.

New India Assurance received a Rs 124.98 crore demand notice from the Income Tax Department for disallowing payments made to auto dealers. The company plans to appeal the order.

Accenture reports USD 16.7 billion in revenue for Q2, a 5% increase year-on-year. The company narrows its full-year revenue growth outlook to 5-7%.

HCC and Tata Projects JV awarded a Rs 2,470 crore pumped storage project in Maharashtra by Tata Power Company. The project includes civil works for the Bhivpuri Off-Stream Open Loop Pumped Storage...

EPFO member addition rose 11.67% YoY in January, reaching 17.89 lakh. This reflects increased employment and awareness of employee benefits.