Banking

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

Aviation Giant Boeing To Slash 2,000 Jobs In Finance, HR This Year

Aviation giant Boeing is slashing 2,000 jobs in finance and HR verticals this year and the company outsources about a th... Read more

Air India To Borrow Rs 18K-cr From SBI, BoB To Refinance Existing Debt: Rpt

These loans will be in continuation of the debt facility Tata Group received following the acquisition of Air India Read more

Novatek In Talks With Indian Firms On LNG, May Consider Payment In Rupees

Russia supplied Europe with some 17 million tonnes of LNG last year, up about 20% from 2021 volumes, Refinitiv Eikon dat... Read more

Google Hopes Its Chatbot 'Bard' Will Outsmart ChatGPT, Microsoft In AI

Google is girding for a battle of wits in the field of artificial intelligence with Bard," a conversational service appa... Read more