New Delhi, Imagine Marketing Limited, the parent company of consumer electronics brand boAt, is raising Rs 500 crore from its existing shareholder, an affiliate of Warburg Pincus, a leading global private equity fund and new investor Malabar Investments.

The investment, said the company, will enable it to accelera

Seoul,  LG Electronics on Friday reported record high sales backed by its electric vehicle (EV) components business but also experienced a big drop in net income in the third quarter on sluggish demand for consumer electronics amid high inflation and recession fears.

The South Korean tech company reporte

New Delhi,   NHAI's Infrastructure Investment Trust (InvIT) Non-Convertible Debentures was listed on the Bombay Stock Exchange on Friday.

Union Minister of Road Transport and Highway Nitin Gadkari on Friday said, "Today is a historic day and I feel very happy that we could finally give the

Bengaluru,   Software giant Infosys on Friday declared an interim dividend of Rs 16.50 per equity share for shareholders for the year 2022-23, while Akshata Murthy, wife of UK Prime Minister Rishi Sunak, will get a dividend of Rs 64.27 crore.

Akshata, daughter of Infosys co-founder Narayana Murthy,

San Francisco, Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 billion in annual savings in the near term and $8 billion to $10 billion by the end of 2025, and these savings will majorly come from "people costs" from both operations and sales departments.

New Delhi,   Kinara Capital, that offers offers unsecured business loans for MSMEs, on Friday said it has raised Rs 200 crore led by British International Investment (BII), the UK's development finance institution and impact investor.

Existing equity investors Nuveen and the ASN Microkredietfond

Chennai,   Diversified product company TTK Healthcare Ltd closed the second quarter of FY23 with a higher net profit of Rs 7.91 crore.

In a regulatory filing, TTK Healthcare said it closed the second quarter of FY23 with a revenue of Rs 169.79 crore and a net profit of Rs 7.91 crore from continuing

Baku,  On October 27, the Chief Executive Officer of Rosneft, Igor Sechin presented a keynote speech at the special session "Reliable energy and global energy transition" at the XV Eurasian Economic Forum in Baku, Azerbaijan.

According to Rosneft's executive, politics has had too much influ

New Delhi,  Global technology brand Xiaomi on Friday said it has closed the Mi Financial Services in India as part of its strategic assessment activity and to focus more on core business services in the country.

The company launched Mi Pay in the country in 2019 which garnered more than 20 million users