Banking

Government Receives Dividend Tranches From PSUs, NPCIL, UCIL, HAL

The government on Friday received Rs 736 crore and Rs 102 crore from public sector undertakings (PSUs) Nuclear Power Cor... Read more

Coal India Surpasses Annual Output Target For First Time In 17 Years

Coal India last achieved its annual production target in 2006, when it produced 343.4 million tonnes against a plan to p... Read more

Urbanrise Purchases 9.24 Acre Land Parcel From Mahindra Life Spaces

Real estate developer Urbanrise has acquired a land parcel of 9.24 acre from Mahindra Life Spaces to develop a two milli... Read more

IFFCO-Tokio Crosses Rs 10,000 Crore Gross Written Premium In FY23

IFFCO-Tokio General Insurance on Friday said it has achieved a milestone of generating Rs 10,000 crore of gross written ... Read more

AMNS Luxembourg Signs $5 Bn Loan Deal With Japanese Banks For Indian Ops

The loan proceeds would be used to finance the expansion of the plant at Hazira, Gujarat, from nine million tonnes (mt) ... Read more

Snacks Start-up Kikibix Raises $300,000 From Founders Of Nine Unicorns, VCs

Nutrition snacking start-up Kikibix has raised USD 300,000 from founders and co-founders of nine unicorns, including Mam... Read more

ArcelorMittal-Nippon Steel India JV Signs $5 Bn Loan With Japanese Banks

ArcelorMittal SA on Friday said its Indian steelmaking joint venture with Asian peer Nippon Steel Corp has entered into ... Read more

Zee Enters One-time Settlement With StanChar Over Siti Networks Loan

Zee Entertainment Enterprises Ltd (ZEEL) has entered into a one-time settlement agreement with Standard Chartered Bank f... Read more

Adani Group Relocating Key Roles At ACC, Ambuja Cements To Ahmedabad: Rpt

People holding leadership roles are now based out of Ahmedabad but their teams are working from Mumbai and the teams hav... Read more

From Manual Pricing To ChatGPT: How Air India Is Transforming Under Tata

The push to modernise underscores the decay left by years of under-investment as Air India looks to shed decades-old bur... Read more

Alibaba Likely To Yield Control Of Some Business Units In Rejig: Report

Top executives of Chinese e-commerce and financial giant Alibaba said Thursday that the company is moving toward giving ... Read more

Air India Rejigs Policies For Women Employees; Provides Daycare Help

Air India will provide 26 weeks of maternity leave to women employees as well as daycare support under its revamped poli... Read more

NCLAT Drops Jindal Stainless Plea Over Mittal Corp, Asks To Approach NCLT

Insolvency appellate tribunal NCLAT has dismissed the plea of Jindal Stainless Ltd, one of the bidders for debt-ridden M... Read more

Hero MotoCorp Appoints Company Insider Niranjan Gupta As New CEO

Hero MotoCorp Ltd, India's biggest two-wheeler maker by volume, on Thursday named company insider Niranjan Gupta as its ... Read more

InoxCVA To Set Up Cryogenic Tank Facility In Vadodara For Rs 200 Crore

Cryogenic liquid storage, distribution and re-gassification solutions provider InoxCVA will set up a manufacturing facil... Read more