State-owned ONGC aims to double its domestic exploration and production acreage to 500,000 square kilometres over the next five years, the company’s director-finance Vivek Chandrakant Tongaonkar told
2025-02-13
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‘ONGC aims to double acreage in 5 years’
ONGC NTPC Green buys Ayana Renewable in Rs 19,500-crore deal
ONGC NTPC Green (ONGPL) signed an agreement on Wednesday to buy Ayana Renewable Power from National Investment and Infrastructure Fund (NIIF), British International Investment and its subsidiaries, an
2025-02-13
Now, get a TV in 10 minutes from Blinkit
Blinkit, the quick commerce arm of food delivery platform Zomato, on Wednesday announced that it would start delivering TV through its platform in select areas of Delhi-NCR, Mumbai and Bengaluru. “
2025-02-13
Small deals drive up volumes in growth-stage funding: Report
Despite growth-stage investments declining consistently since 2021 in terms of value, a sharp rise in the number of deals below $20 million has driven volumes to a record high of 388 deals in 2024, ac
2025-02-13
Honasa Consumer beats estimates; revenue up 6%
Mamaearth parent Honasa Consumer on Wednesday reported a consolidated net profit of Rs 26 crore during the October-December quarter, beating Street estimates of Rs 17 crore. The company’s net profi
2025-02-12
Modern trade growth in slow lane as q-comm rises
The convenience factor in shopping within urban areas is beginning to hurt modern trade hard as consumers switch to q-commerce platforms. Data from market research agency NielsenIQ show that the Oct
2025-02-12
Gautam Adani’s renewable energy park along Pak border raises national security concerns: Report
Gautam Adani’s renewable energy park along the Pakistan border in Kutch region of Gujarat has raised national security concerns, according to a Guardian report. Files accessed by the publication sho
2025-02-12
Freshworks cuts net loss by 31% to $95 million in 2024
Freshworks, a Nasdaq-listed software-as-a-service (SaaS) firm, reported a reduced net loss of $21 million for the fourth quarter ended December 2024, compared to $28 million in the same period of 2023
2025-02-12
SoftBank Vision Funds lose $2.3 billion in investments in Q3
Japanese investor SoftBank Group Corp’s tech-focused Vision funds reported an investment loss of $2.3 billion (352.7 billion yen) for the quarter ended December. This loss was attributed to the declin
2025-02-12
Religare takeover: SC extends Gaekwad deadline to Thursday afternoon
The Supreme Court on Wednesday gave an extension to Florida-based businessman Digvijay (Danny) Gaekwad till Thursday afternoon to deposit the earnest amount of Rs 600 crore for his competing offer to
2025-02-12
RIL sets up subsidiary in Singapore
Reliance Industries (RIL) on Wednesday said it has incorporated a subsidiary, named REC Sustainable Energy Solutions, in Singapore to set up a global capability centre for consolidating research and d
2025-02-12
The future of credit lies in technology: How credit line on UPI will supercharge inclusion in India
By Chinmaya Desai In the evolving landscape of India’s digital economy, few innovations have made as profound an impact as the Unified Payments Interface (UPI). From facilitating over 16.5 billion t
2025-02-12
