Stake sales by promoters, private equity investors 2.2 times of 2022

Stake sales by promoters and private equity/venture capital (PE/VC) investors this year are already exceeding twice those of last year. Illustration: Uttam Ghosh/Rediff.com So far this calendar......

Tata Motors to export its EVs to mature auto markets

Tata Motors is actively considering tapping into some of the export markets beyond South Asia, for its range of electric vehicles (EVs) as it sees an opportunity of selling affordable EVs in......

Reliance Retail raises Rs 7,350 crore from 2 investors

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors -- Singapore's sovereign wealth fund GIC and Global alternative asset firm TPG --......

Shriram Transport: In a rare instance shareholders oust high-profile board member

The issue also underscores the growing scrutiny by investors and voting advisory firms of the performance of board members. Illustration: Uttam Ghosh/Rediff.com Minority shareholders of Shriram......