India Inc leans on InvITs to reduce debt, generate returns for investors

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and......

Mukesh Ambani draws nil salary for second year in row

Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he voluntarily gave up remuneration in light of the pandemic......

Mukesh Ambani's Reliance Retail picks 25.8% pie in Dunzo

Reliance Retail has bought a 25.8 per cent stake in Dunzo, India's leading quick commerce player, for $200 million (around Rs 1,488 crore) as it looks to expand its presence in online grocery......

Saudi Arabia's PIF invests Rs 9,555 cr in Reliance Retail

Billionaire Mukesh Ambani-run Reliance Industries Ltd's retail arm on Thursday raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia, taking total fundraise in the last two months......

Manchester City claim win in legal battle with EPL

The Premier League's decision in relation to two City transactions in 2023, with First Abu Dhabi Bank and Etihad Aviation group, were "reached in a procedurally unfair manner" and must be......

PICS: Leander, Amritraj inducted into Hall of Fame

IMAGE: Indian tennis legend Leander Paes receives the International Tennis Hall of Fame medal from daughter Aiyana Paes on Saturday, July 20. Photograph: Kind courtesy Indian Tennis Daily/X Indian......

Furious McEnroe says 'PGA were total hypocrites'

'I wouldn't encourage it personally, the Saudi thing. I'm not surprised that tennis is being thrown into the mix after what we saw in golf.' IMAGE: The 64-year-old John McEnroe added that he was......

Qatari consortium to buy Manchester United?

IMAGE: Record 20-time English champions, Manchester United has over 650 million fans worldwide, according to market research firm Kantar. A large number of them have been clamouring for a change......

PGA Tour & LIV announcement leaves the world of golf stunned!

IMAGE: The merger left the world of golf shocked! Photograph: Michael Reaves/Getty Images The world of golf was left stunned on Tuesday as the PGA Tour, DP World Tour and rival Saudi-backed LIV......