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July 27, 2025

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AGR dues demand: DoT issues Rs 7,827 crore notice to Tata Communications, firm says licences not covered under SC order

The Department of Telecommunications (DoT) has issued a “show-cause-cum-demand” notice

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Private equity deal: Multiples-led consortium moves CCI for 32% VIP Industries stake; Rs 1,438 crore deal to trigger open offer

A consortium led by Multiples Alternate Asset Management has approached

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IPO rush: 14 companies to hit market this week, eyeing over Rs 7,000 crore – check full list

India’s IPO market is gearing up for a busy week

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A beginning but with caution: Sitharaman hints at easing India-China economic ties; says ‘we need a lot more interaction’

Finance minister Nirmala Sitharaman on Saturday signaled a possible revival

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AGR dues demand: DoT issues Rs 7,827 crore notice to Tata Communications, firm says licences not covered under SC order

The Department of Telecommunications (DoT) has issued a “show-cause-cum-demand” notice of Rs 7,827.55 crore to Tata Communications for adjusted gross revenue (AGR) dues spanning nearly two decades, the company disclosed

Private equity deal: Multiples-led consortium moves CCI for 32% VIP Industries stake; Rs 1,438 crore deal to trigger open offer

A consortium led by Multiples Alternate Asset Management has approached the Competition Commission of India (CCI) seeking approval to acquire a 32% stake in luggage maker VIP Industries, according to

IPO rush: 14 companies to hit market this week, eyeing over Rs 7,000 crore – check full list

India’s IPO market is gearing up for a busy week starting Monday, with 14 companies, across both mainboard and SME platforms and set to launch their initial public offerings. Together,

A beginning but with caution: Sitharaman hints at easing India-China economic ties; says ‘we need a lot more interaction’

Finance minister Nirmala Sitharaman on Saturday signaled a possible revival of India-China business relations, saying both sides have shown interest in reviving economic engagement after years of tension. Speaking at

Kotak Bank net profit dips 40% year-on-year to Rs 4,472cr in Q1

MUMBAI: Kotak Mahindra Bank on Saturday reported a 40% year-on-year fall in net profit to Rs 4,472.2 crore for the quarter ended June 2025, primarily due to a one-time gain

FTA momentum: Piyush Goyal confirms Oman deal ‘almost finalised’; talks with EU, US & others also moving fast

File photo: Union minister Piyush Goyal (Picture credit: PTI) India’s Free Trade Agreement (FTA) with Oman is at an advanced stage and nearly finalised, Union Commerce and Industry Minister Piyush

Trending News

Private equity deal: Multiples-led consortium moves CCI for 32% VIP Industries stake; Rs 1,438 crore deal to trigger open offer

A consortium led by Multiples Alternate Asset Management has approached the Competition Commission of India (CCI) seeking approval to acquire a 32% stake in luggage maker VIP Industries, according to

IPO rush: 14 companies to hit market this week, eyeing over Rs 7,000 crore – check full list

India’s IPO market is gearing up for a busy week starting Monday, with 14 companies, across both mainboard and SME platforms and set to launch their initial public offerings. Together,

Kotak Bank net profit dips 40% year-on-year to Rs 4,472cr in Q1

MUMBAI: Kotak Mahindra Bank on Saturday reported a 40% year-on-year fall in net profit to Rs 4,472.2 crore for the quarter ended June 2025, primarily due to a one-time gain

FTA momentum: Piyush Goyal confirms Oman deal ‘almost finalised’; talks with EU, US & others also moving fast

File photo: Union minister Piyush Goyal (Picture credit: PTI) India’s Free Trade Agreement (FTA) with Oman is at an advanced stage and nearly finalised, Union Commerce and Industry Minister Piyush

Capex push: Nirmala Sitharaman calls it ‘primary driver of sustained growth’; says ‘we have to have capital expenditure grow’

File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman on Saturday said that sustaining economic growth in the face of global uncertainties remains India’s foremost priority.

Sanctions risk: Indian firm defends explosive shipment to Russia; says material for civilian use only

This is an AI-generated image, used for representational purposes only. An Indian company that exported $1.4 million worth of an explosive compound to Russia last December said it complied with

Doordash announces $1.2 billion SevenRooms deal, misses revenue expectations

Word Count: 100 | Estimated Reading Time: 1 minute


A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020.

Carlo Allegri | Reuters

Doordash on Tuesday announced the $1.2 billion acquisition of restaurant booking platform SevenRooms and reported first-quarter revenue that missed expectations.

Here’s how the company did, based on LSEG expectations:

  • Earnings per share: 44 cents adjusted vs. 39 cents expected
  • Revenue: $3.03 billion vs. $3.09 billion expected

Doordash said the all-cash acquisition of SevenRooms, a New York City-based data platform for restaurants and hotels to manage booking information, will close in the second half of 2025.

This is breaking news. Please refresh for updates.



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