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.

Sula Vineyards CEO Rajeev Samant believes the slowdown in urban discretionary demand is temporary, citing rising inflation and cost of living. The company saw a revenue decline in Q2, but remains...

Anant S Iyer, with 33 years of experience in the alcobev industry, has been appointed as the Director General of the Confederation of Indian Alcoholic Beverage Companies (CIABC).

Sula Vineyards reported a 4.85% decline in net profit to Rs 13.55 crore in Q4 FY24, but revenue grew to Rs 131.7 crore. The company also highlighted its wine tourism growth and premiumization...

Verlinvest Asia Pte and Mousserena LP have divested their stake in Sula Vineyards, a leading wine producer, for Rs 573 crore through open market transactions. Verlinvest Asia Pte has exited the...

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Bajaj Finserv acquires Allianz's 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,180 crore, marking the end of a 24-year partnership.

True North led a Rs 245 crore fundraising by Nivara Home Finance, with Baring PE India and promoters also participating. The investment aims to support Nivara's expansion plans and enhance its...

RBI Governor Sanjay Malhotra calls for an end to repeated KYC document requests by banks, citing inconvenience to customers. He also stresses the importance of complaint redressal and using AI for...

Mercedes-Benz India expands its luxury portfolio with the launch of the Mercedes-Maybach SL 680 Monogram Series, priced at Rs 4.2 crore (ex-showroom). The car is expected to be delivered early next...

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Bajaj Finserv acquires Allianz's 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,180 crore, marking the end of a 24-year partnership.

Zomato faces an insolvency plea before the NCLT due to unpaid dues from an apparel supplier, Nona Lifestyle. The NCLT has adjourned the matter to April.

Haryana government announces purchase of 1025 new buses including electric, AC, and non-AC, with plans for modern bus depots and free travel for 'Divyang' citizens.

True North led a Rs 245 crore fundraising by Nivara Home Finance, with Baring PE India and promoters also participating. The investment aims to support Nivara's expansion plans and enhance its...