News Briefs

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News Briefs
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Sona Comstar enters China's EV market with joint venture

The Indian auto parts manufacturer will invest $12 million for a 60% stake in the venture with local partner Jinnaite Machinery.

20 Jul 2025

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Adani group sells 20% stake in FMCG business for Rs 7,150 crore

Following the transaction, Wilmar International will become the majority shareholder in AWL Agri Business with a 64% holding

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JioBlackRock gets SEBI approval for five passive index funds

The joint venture between Reliance's Jio Financial Services and BlackRock has received regulatory clearance to launch four equity funds and one debt fund.

16 Jul 2025

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Former Bizongo employee arrested in Mumbai

The B2B e-commerce startup has accused Nainish Shah, a former associate director, of allegedly misappropriating about Rs 20 crore through fake invoices.

16 Jul 2025

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Tesla enters India with Model Y, starting at Rs 60 lakh

The compact crossover will be imported as a completely-built unit as the company has no manufacturing or assembly facilities in the country.

15 Jul 2025

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Jane Street deposits Rs 4,843 crore in escrow account to comply with SEBI order

The proprietary trading firm seeks to meet the regulatory conditions required to resume trading in India amid the ongoing investigation into alleged market manipulation.

14 Jul 2025

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Wizz Air bows out of Abu Dhabi

Six years after entering the Gulf, the airline is pulling back to focus on Europe.

14 Jul 2025

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VinFast to start production in India as Tesla enters market

The Vietnamese carmaker will begin producing EVs at its Tamil Nadu plant later this month and expects deliveries to commence in August.

13 Jul 2025

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Hindustan Unilever names Priya Nair as CEO

She is the first woman to lead the FMCG giant and takes the reins from Rohit Jawa, who is stepping away after just two years in the role.

10 Jul 2025

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Karnataka to establish gaming regulatory body, ban online betting

The state’s draft bill aims to prohibit gambling while allowing skill-based games under strict licensing rules.

08 Jul 2025