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