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  • Vodafone Idea’s Rs 2,000-cr preferential issue to kickstart larger infusion plan

    ​​Vodafone Idea was formed by the merger of Aditya Birla Group’s Idea Cellular and the India unit of Vodafone Plc in 2018. The board also approved an increase in authorised share capital to Rs 1 lakh crore from Rs 75,000 crore. The stock issuance will be at a premium to the closing price of Rs 13.32 on the BSE on Friday, which gave the company a market cap of Rs 64,841.52 crore.

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  • Sensex jumps 1,619 points as foreign funds buy

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  • Boeing CEO says Alaska Airlines fallout ‘is and must be the focus our team'

    Boeing CEO Dave Calhoun emphasizes transparent collaboration with customers and regulators following the mid-air blowout incident on an Alaska Airlines flight.

    Boeing CEO Dave Calhoun shared a message with his employees about the Alaska Airlines flight 1282 in which company's aircraft 737 MAX 9 suffered a door plug blowout mid-air on Friday The Boeing CEO said, "When serious accidents like this occur, it is critical for us to work transparently with ou

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  • Lightspeed-Backed Pocket FM Enters Digital Novel Space, Earmarks $40 Mn For New Venture

    Audio over-the-top (OTT) platform Pocket FM has rolled out its online novel reading platform Pocket Novel aiming to expand its…

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  • SBI overtakes Infosys to become India's fifth most valued firm | Full list of top 10

    State Bank of India (SBI), the nation's largest lender by assets, has once again ascended the market capitalisation ladder, surpassing software giant Infosys. SBI's stock has surged by 20.5% in February, marking its best monthly return in three years. The last time such gains were witnessed was in February 2021, when it soared by 38.3%. Last week, the state-owned lender reclaimed the title of the most valuable PSU, overtaking LIC in market valuation, following a 10% dip in LIC's share price.

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