A federal judge has ordered Bank of America to pay $540.3 million to the Federal Deposit Insurance Corporation (FDIC) in a long-standing legal battle over underpaid…
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BENGALURU: Byju’s Alpha, a US-based financing arm of the edtech firm, said on Thursday that it filed a lawsuit in a US court against its co-founders…
NEW DELHI: Essar group venture GreenLine Mobility Solutions Ltd, India’s sole operator of LNG- and electric-powered heavy commercial trucks, has announced a $275 million equity investment,…
Foxconn is developing a 300-acre facility in Bengaluru, set to become its second-largest after China. (AI image) Foxconn intends to produce 25-30 million Apple iPhones at…
New Delhi: Abound, the financial super-app designed for Indians in the US, has raised $14 million in seed funding to accelerate its goal of creating a…
NEW DELHI: Tax authorities have ordered Samsung and its executives in the country to pay $601 million (nearly Rs 5,150 crore) in back taxes and penalties…
The tax demand constitutes a significant portion of Samsung’s net profit in India, which stood at $955 million last year. (AFP Photo) India’s tax authorities have…
Japanese banking giant Mitsubishi UFG Financial Group (MUFG) has invested Rs 2798 crore ($334 million) in Delhi based digital lending company DMI Finance Pvt Ltd in…
Akasa Air, one of India’s newest airlines, is in discussions with a consortium comprising Premji Invest and Claypond Capital, the family offices of Wipro’s Azim Premji…
Binance Holdings Ltd is hiring 1,000 people this year with many earmarked for compliance roles as the crypto exchange’s annual spending to meet regulatory requirements, including…