Gensol's lenders did not spot the discrepancy earlier, despite the company buying and hypothecating fewer cars than it had borrowed for. The gap was not flagged even a year after lenders transferred the last loan instalment to the company.

In the last five years, Adani Realty has sped up acquisitions and launches, coinciding with the housing boom and consolidation. The Panvel project, close to the Navi Mumbai International Airport and modelled on the Shantigram project in Ahmedabad, will be…

The company is likely to use the ₹200 crore to open a small number of stores/restaurants in its key markets including Mumbai, Pune, Bengaluru, and Delhi.

Xiaomi’s move to target the over ₹20,000 smartphone segment assumes significance as the company once led India’s smartphone market for nearly five years from 2017 to 2022, purely on high-volume sales in the budget segment.

Harsh Goenka lauded the innovative gold ATMs in Shanghai, which facilitate immediate gold transactions. He suggested that such machines could pose challenges to Indian gold lenders, while online reactions raised concerns about their practicality and security…

Indian aviation giant Air India plans to acquire Boeing planes rejected by Chinese carriers, aiming to expedite its revival amid the US-China trade war. Here’s what we know.

A91 Partners joins the growing list of several investment firms such as Accel, Prime Ventures, Stellaris Ventures and Bessemer Ventures that have raised funds in recent months.

Padmanabh Sinha's fund will focus on minority stakes worth $25-50 million in growth-stage companies. 

The Ranjan Pai-backed fund will lead or co-lead Series B+ investments in fast-growing companies for a significant minority stake. Although it is sector agnostic, the growth stage private equity fund will invest in key themes such as consumer, financial services…

On 18 April, the Appointments Committee of the Cabinet (ACC) approved the appointment of Srivastava as the new CMD of the Delhi-based company. This appointment has been made in the rank and pay of additional secretary to the government of India, under the…

LG and Samsung have legally challenged India’s new e-waste recycling regulation mandating a minimum payout to recyclers. The Delhi High Court will hear their case along with petitions from other manufacturers.

CAIT members asserted that quick commerce firms have distorted the retail market through excessive discounting and expansion in major cities, forcing numerous small store owners to shut shop.