In this issue

August 17, 2022

KKR sells entire stake in Max Health

Singapore state fund GIC, US based financial services firm Capital Group, and a few other institutions on Tuesday picked up KKR's 26.8 per cent stake in hospital chain Max Healthcare Institute via block deals. Max Healthcare promoters, led by Abhay Soi, will now own 24 per cent in the company.

2 mins

Banks rush to woo depositors ahead of festival season

SBI, BOB, Canara Bank lift rates to 6% and above

2 mins

Common charger for all mobile devices on cards

Dept of Consumer Affairs calls top players for a meeting today to discuss issue

2 mins

IKEA retail operator to invest €500 mn in Noida outlet

Ingka Centres, part of IKEA'S retail operator Ingka Group, on Tuesday said it will invest another €500 million in Noida as it plans to develop its next meeting place.

2 mins

SpiceJet settles dispute with lessor, seeks ₹200-crore loan

SpiceJet has decided to end its dispute with aircraft lessor Goshawk Aviation. It is also seeking a ₹200-crore loan under the Emergency Credit Line Guarantee Scheme (ECLGS) to clear pending dues and induct new planes.

2 mins

TII changes gear on the EV track

The group is learning unsuccessful from an foray into e-scooters by focusing on electric tractors, three-wheelers and heavy commercial vehicles

3 mins

A wait for better wages and compensation

Mission Kushal Karmi, launched by the Delhi govt in July, aims to train 200,000 workers in one year

2 mins

Adanis to step up aluminium play, may go for production

Adani Group's plans in the base metals space may be bigger than just setting up a mega alumina refinery. If the ongoing talks between the conglomerate and the Odisha government are any indication, the group is exploring an entry into the production of aluminum.

2 mins

Read all stories from Business Standard

Business Standard Newspaper Description:

Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.

Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.

Business Standard's editorial team is led by Shyamal Majumdar.

The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.

The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.