3 min checked out Last Updated: Oct 02 2024|12:42 AM IST After a year of decrease, mergers and acquisitions (M&A s) in India increased 13.8 percent, reaching $69.2 billion in the first 9 months of 2024, as against $60.8 billion throughout the very same period in 2023. Led by Indian business and private-equity (PE) companies, 2,301 deals were

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Spicejet

Shares of SpiceJet jumped 6.95 per cent to close at Rs 68.13 apiece on the BSE. | Photo: Shutterstock

Plutus Wealth Management on Tuesday raised its holding in domestic carrier SpiceJet by acquiring additional shares for Rs 50 crore through an open market transaction.

According to the bulk

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Air India Express aircraft (Photo: Reuters/Almaas Masood)

(Photo: Reuters/Almaas Masood)

AIX Connect, formerly known as AirAsia India, merged into Air India Express on Tuesday, marking the formation of a single low-cost airline subsidiary of Air India.

Directorate General of Civil Aviation (DGCA) said in a statement, “Effective October 1, all a

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Ola Electric, OLA

Its falling month-on-month sales has seen its market share decline for five straight months to 27 per cent in September. | Photo: Shutterstock

India's top electric scooter maker Ola Electric logged its lowest monthly sales this year in September, government data showed, as the SoftBank-backed

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Electric vehicles, EVs, Electric car

The scheme proposes installation of 22,100 fast chargers for e-4Ws, 1,800 fast chargers for e-buses and 48,400 fast chargers for e-2W/3Ws. | Representative image

The government on Tuesday launched the PM E-DRIVE Scheme, with an outlay of Rs 10,900 crore for faster adoption of electric vehicles,

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Bonds

In March, Reserve Bank of India had ordered IIFL Finance to stop sanctioning and disbursing gold loans, citing "material supervisory concerns". The ban was lifted last month.

India's IIFL Home Finance plans to raise up to 30 billion rupees ($358 million) through a public issue of bonds,

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