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In total, 1,286 have been published by FortuneIndia which Ground News has aggregated in the past 3 months.
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Top FortuneIndia News
Europe · Amsterdam
Prosus terminates $4.7 bln deal to buy BillDesk
Naspers-owned technology firm Prosus has terminated its agreement to acquire Indian digital payments provider BillDesk. The all-cash deal would have enabled Prosus to expand its footprint in India's booming fintech sector. The Economic Times of India pegged the deal as the second-largest M&A in India after the Walmart-Flipkart deal.See the Story
56% Center coverage: 9 sources
Government approves Rs 26,000 crore to install 25k mobile towers in 500 days
According to a telecom ministry spokesperson, financial support for the project will be provided by Universal Services Obligation Fund and it will be implemented by Bharat Broadband Network.See the Story
Coverage: 8 sources
RJio launches beta trial of Jio True 5G in Mumbai, Delhi, Kolkata, Varanasi
The users will get unlimited 5G data with up to 1 Gbps plus speed. Jio True 5G is expected to become the world's most advanced 5G service. Jio's mission with 5G is to speed up India’s transformation into a Digital Society.See the Story
67% Right coverage: 6 sources
Latest News Stories
Nirmala Sitharaman, Arvind Kejriwal spar over electoral freebies
Nirmala Sitharaman hits out at Delhi Chief Minister Arvind Kejriwal for giving a perverse twist to the debate on freebies. She said the AAP leader's comments are an attempt to create fears in the minds of the poor. A day earlier, Kejriwal called for a referendum on spending taxpayers' money on healthcare and education.See the Story
43% Right coverage: 7 sources
Kia recalls 44,174 units of Carens to inspect airbag control software
Kia will recall 44,174 units of the MPV and will reach out to the owners of the concerned vehicles. Kia says that the voluntary recall campaign is undertaken to inspect the issue and that it will provide a software update, where required, free of charge. The Carens was launched in February this year with three engine options.See the Story
34% Center coverage: 3 sources
ADIA to invest ₹655 cr in Aditya Birla Health Insurance for 10% stake
Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund of the UAE, will invest �665 crore in Aditya Birla Health Insurance for a 9.99% stake. The insurer plans to use this capital to drive its growth in the health insurance market in India.See the Story
67% Right coverage: 3 sources
Amit Burman resigns as Dabur chairman, Mohit takes charge
Amit Burman will continue to be the non-executive director of the company. Dabur India reported an 8.1% growth in consolidated revenue for the first quarter of 2022-23 with an underlying volume growth of 5% in the India FMCG business. The Ayurveda major also announced the appointment of Mohit Burman who is currently the non.executive vice chairman of the board of directors for a period of five years.See the Story
Coverage: 2 sources
India · India
India's exports dip 3.52% to USD 32.62 billion in September
India's exports slumped by 3.52% to $32.62 billion in September 2022, compared to $33.81 billion in the same month the previous year. However, India's imports in September this year surged 5.44%. Between April and September, the country's exports surged 15.54% at $229.05 billion.See the Story
Is Credit Suisse the Lehman Brothers of 2022?
Credit Suisse's stock plunged to a record low of 3.52 Swiss francs on Monday. A sharp spike in the cost of insuring its debt against bankruptcy. Credit Suisse executives spent the weekend reassuring large clients, counterparties and investors. The bank has suffered an 18-month-long string of scandals and embarrassing executive departures.See the Story
100% Center coverage: 1 sources
SEBI Cautions Public Against Imposter Portfolio Managers
Some entities are collecting money from the public claiming to provide portfolio management services. These entities have been luring the public, with a promise of high returns, through pamphlets and social media platforms. SEBI: Many such unauthorised schemes are run like Ponzi schemes without any real investment made in the securities market.See the Story
Havells’ Fiery Risk-taker
Anil Rai Gupta-led Havells has seen revenue growth in the last 10 years. In FY22, it posted a 33% jump in revenue at �13,889 crore, and a 15% increase in net profit at �1,195 crore. The company's market capitalisation has also grown multifold to more than �80,000 crore. Gupta plans to expand Havell's offering of intelligent and connected products.See the Story