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Vedanta generates Rs 11,000 Cr free cash flow, reduces net debt

Panaji: Amid falling prices of commodities, Vedanta Ltd generated a free cash flow of over Rs 11,000 crore in the last fiscal, which reduced...

Bharti Group in talks to exit insurance business

The Bharti Group has many times in the past mulled selling its stake in Bharti AXA Insurance, though only now the Group believes it...

Tata Communications to sell subsidiary Neotel for Rs 2,904 cr

New Delhi, Jun 28 (PTI) Tata Communications today said Liquid Telecom, a privately-owned, pan-Africa telecom group,majority owned by Econet Wireless Global, has entered into...

iD Fresh Food in talks with PE funds to raise Rs100 crore

Venture capital (VC) firm Helion Venture Partners-backed iD Fresh Food (India) Pvt. Ltd, popular for its packaged idli and dosa batter, has initiated talks...

Starbucks extends Tata partnership beyond India

Tatas and Starbucks on Monday announced a host of new initiatives, including the inclusion of single-origin coffee from India in its outlets abroad, bring...

Essar Energy Sells Entire 50% Stake in KPRL to Kenyan Government

Move in line with Essar’s goal to monetise non-core assets Essar Energy Overseas Limited (Essar Energy) today announced that it will sell its 50 percent...

Patanjali to spend Rs 10,000 Cr on yoga research

New Delhi: Yoga guru Baba Ramdev on Wednesday said that Patanjali Ayurved Limited will soon spend Rs 10,000 crore on yoga research work in...

Dalmia Bharat Group launches 2 new cement variants in Odisha

Setting a Rs. 1,500 crore annual business target in Odisha, Dalmia Bharat Cement on Wednesday expanded its footprint in the State by launching two...

Future Group partners with Bajaj Finance

Future Group has partnered with Bajaj Finance to enable and empower customers to convert all their purchases from any of the Future Group brands...

Foxconn slows down investment in India

During his visit last year, Foxconn Technology Group’s Chairman Terry Gou had expressed interest in investing on startups across India. The electronics contract manufacturing giant had...

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