Banking

Oyo May Log Positive Ebitda Of $50-55 Million This FY, Says Moody's

Moody's said it could downgrade the ratings if OYO's cash burn does not "reduce significantly" over the next 12-18 month... Read more

NCLT Sends Notice To SpiceJet On Lessor's Insolvency Plea, Seeks Reply

A two-member Principal bench of President Ramalingam Sudhakar and Member Avinash K Srivastava issued a notice to Spiceje... Read more

Three Entities Of SAIL Supply Special Desired Grade Steel For Central Vista

Recently, the steel melting shop 2 of BSP fulfilled the requirement of Alloy Steel Plant by casting special grade blooms... Read more

Nexus Select Trust Raises Nearly Rs 1,440 Crore From Anchor Investors

Blackstone-sponsored Nexus Select Trust, which will hit the capital market on Tuesday, has raised Rs 1,440 crore from an... Read more

ADF Foods' Net Profit Increases By 72% To Rs 20 Cr In March Quarter

FMCG company ADF Foods Ltd on Monday reported a 72 per cent rise in its standalone profit after tax to Rs 20.30 crore fo... Read more

US Investment Firm Invesco Slashes Swiggy Valuation By 33% To $5.5 Billion

This is the second time Invesco has trimmed the valuation of Swiggy, which is backed by SoftBank and Prosus Read more

JB Chemicals & Pharmaceuticals To Consider Sub-division Of Equity Shares

A final decision on this will be taken during the board meeting to be held on 24 May 2023 Read more

Canara Bank Consolidated Net Profit Jumps 74% To Rs 3,337 Cr In March Qtr

State-owned Canara Bank on Monday reported a 74 per cent jump in March quarter consolidated net profit to Rs 3,336.51 cr... Read more

Kalpataru Net Profit Up By Nearly 22% At Rs 140 Cr In March Quarter

Kalpataru Power Transmission on Monday posted a nearly 22 per cent rise in consolidated net profit to Rs 140 crore for ... Read more

Easy Trip Planners In-principally Approves Acquisition Of Certain Entities

The board also approved the appointment of legal advisers, merchant bankers, tax consultants, and other professionals Read more

Adani Group Gets Financial Support From Three Japanese Banks: Report

Adani Group companies are planning to execute large-scale projects across infrastructure and utility space, and need cas... Read more

Edtech Firm Cuemath Lays Off 100 Employees; Founder Returns As CEO

Edtech companies laying off employees to conserve cash and focus on profitability Read more

Greenply Industries To Enter Into A Joint Venture Agreement With Samet BV

The company to invest around Rs 34 crore in joint venture over the next 4 years Read more

First C295 For India Completes Maiden Flight: All You Need To Know

India acquired 56 C295 aircraft in September 2021 to replace the (IAF) legacy AVRO fleet Read more

Essar Oil & Gas Invests In Microbial ECBM Technology To Boost CBM Output

Essar Oil and Gas Exploration and Production Ltd (EOGEPL) on Monday announced an investment in microbial eCBM technology... Read more