Banking

India's Non-fossil Power Generation Touches 174 GW In 2022: R K Singh

India's non-fossil fuel-based power generation capacity was at 174.53 gigawatt (GW) at the end of December 31, 2022, Par... Read more

Banks' Exposure To Adani Group 'insufficient' To Pose Credit Risk: Fitch

MUMBAI (Reuters) -The exposure of banks to the embattled Adani Group is 'insufficient in itself' to present a substantia... Read more

Japan's SoftBank Group Logs $5.9 Bn Loss As Tech Investments Tumble

Japanese investor SoftBank Group reported Tuesday that it sank into a deep loss for the October-December quarter, slamme... Read more

ONGC To Explore Investing In Argentina Gas Assets: Chairman Arun Kumar

The company also signed a memorandum of understanding with Argentina's state oil company YPF for hydrocarbon cooperation Read more

NABARD Aims To Raise Rs 3000-5000 Cr In Debut Green Bond Issue: Report

Currently, NABARD is getting necessary certifications and approvals to comply with the market regulators' guidelines on ... Read more

Adani Ports Eyes Rs 15,000 Cr Ebitda In FY23, Will Prepay Rs 5,000 Cr Debt

Prepayment to significantly improve net debt-to-Ebitda ratio, bring it closer to 2.5x by March, says company Read more

PhonePe Launches Cross-border UPI Payments Service, Says It's India's First

Users can activate UPI-linked bank account for the international service at the merchant location, or before that Read more

To Pacify Stakeholders, Top Banks Declare Their Exposure To Adani Group

The lenders to the group include big names like the State Bank of India, Bank of Baroda, the Punjab National Bank, Axis ... Read more

RCap Resolution: NCLAT Issues Notices To Torrent Investments, Others

The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to Torrent Investments and other responden... Read more

IT Firms Tighten Employee Scrutiny Amid High Costs, Thin Margins: Report

The senior employees who have been hired at a premium over the past two years will also face a greater degree of scrutin... Read more

SBI Has 'well-manageable' Exposure To Embattled Adani Group: CreditSights

CreditSights pointed out that the country's largest lender has a provision reserves buffer of around 338 billion rupees ... Read more

Petronet Seeks Additional LNG Of 0.75 To 1 Mn Tonnes From Qatar, Says CEO

India's top gas importer Petronet LNG is seeking additional Liquified Natural Gas (LNG) of 0.75 to one million tonnes pe... Read more

EV Startup Simple Energy Raises $20 Mn From Investors In Bridge Round

Electric vehicle startup Simple Energy on Tuesday announced raising USD 20 million (about Rs 165 crore) from a clutch of... Read more

Vedanta Picks David Reed As CEO Of Its Gujarat Semiconductor Business

Reed began his career at Texas Instruments in 1984, where he served for 26 years Read more

ONGC To Reverse Oil Output Decline; Sees 18% Jump In Production In FY25

India's largest oil and gas producer ONGC will this year reverse years of decline in production and gradually raise outp... Read more