Banking

Reserve Bank Of India Tightens Norms For ARCs On Income Recognising Fee

They will have to reduce unrealised management fees where the net asset value of the Security Receipts has fallen below ... Read more

Free To Negotiate For Maximising Asset Value, RCap Lenders Tell NCLAT

Lenders of Anil Ambani-promoted Reliance Capital had moved the NCLAT (National Company Law Appellate Tribunal) challengi... Read more

Centre Opposes Vedanta's $3-bn Zinc Asset Sale Over Concerns Of Valuation

In a setback to billionaire Anil Agarwal's mining group, the government has opposed Vedanta Ltd's proposal to sell its i... Read more

Vedanta-Foxconn Selects Dholera SIR For 1st Semiconductor Facility In India

A joint venture of Indian conglomerate Vedanta and electronics manufacturing giant Foxconn has finalised the Dholera Spe... Read more

Kalpataru Power, Its International Arms Bag Orders Worth Rs 3,185 Crore

Kalpataru Power Transmission on Monday said it has bagged orders worth Rs 3,185 crore across various business segments i... Read more

Adani Ports & SEZ Repays Rs 1,500-crore SBI MF Loan In Comback Strategy

Adani group's gross debt stood at Rs 2.26 lakh crore as of September 2022 and had cash of Rs 31,646 crore Read more

Air India Delhi-bound NY Flight Diverted To London Due To Medical Emergency

An Air India flight from New York to Delhi was diverted to London on Monday due to a medical emergency, according to an ... Read more

NHPC Shareholders Approve Rajeev Kumar Vishnoi's Appointment As CMD

State-run hydro power giant NHPC has received the approval of shareholders for the appointment of Rajeev Kumar Vishnoi a... Read more

Tata Motors Bags India's Largest Electric Vehicle Fleet Order From Uber

To deliver 25,000 XPRES-T EVs in a phased manner Read more

Adani Cement's ACC And Ambuja To Resume Himachal Pradesh Operations

India's Adani Cement, part of the embattled Adani Group of companies, said its ACC and Ambuja Cements businesses will re... Read more

Dentsu India's Chief Creative Officer Ajay Gahlaut Quits Agency

In a career spanning three decades, Gahlaut has also worked with agencies such as Ogilvy India, McCann and Saatchi &... Read more

Ambuja Cements, ACC To Restart Operations At 2 Plants In Himachal Pradesh

The Darlaghat plant of Ambuja Cements has a capacity of 2 million tonnes per annum while that of ACC's Gagal produces 5.... Read more

Gautam Adani Decides Against Bid For Stake In Power Trader PTC India

A representative for the Adani Group said the company had not bid for PTC nor contemplated doing so Read more

Tata Motors To Induct 25,000 EVs Into Uber's Premium Service In India

Tata Motors on Monday signed a memorandum of understanding (MoU) with ride-hailing platform Uber to induct 25,000 XPRES-... Read more

Adani Down To 25th Richest On Forbes, Bloomberg Lists; Net Worth At $48 Bn

Gautam Adani's net worth slipped to less than $50 billion for the first time in several years, on Monday Read more