Banking

Jindal Steel And Power Says Enquiries From European Buyers On Rise

We did see some increase in the order book and a lot of enquiries (from Europe): Bimlendra Jha, managing director of Jin... Read more

RBI Appoints V Ramachandra As Member Of Advisory Committee Of SIFL, SEFL

The Reserve Bank on Tuesday appointed V Ramachandra, former chief general manager of Canara Bank, as a member of the Adv... Read more

Global Device Shipments To Decline 4% In 2023, PCs To Be Worst Hit: Report

By the end of 2023, Gartner expects more than 25% of business PCs will upgrade to Windows 11 Read more

JSPL, NTPC, Vedanta Among 59 Firms That Submitted Bids For 36 Coal Blocks

The government on Tuesday said that 59 companies, including JSPL, NTPC and Vedanta, have submitted bids for 36 coal bloc... Read more

IndiaMART And Four Other Indian Markets Figure In US Notorious Markets List

IndiaMART, one of the largest Indian e-commerce websites, along with four physical marketplaces in Delhi, Bengaluru, Kol... Read more

Enforcement Directorate Searches Srei Subsidiaries Undergoing Bankruptcy

The Enforcement Directorate (ED) Tuesday conducted simultaneous raids here on properties of of two organisations - Srei ... Read more

Vedanta Shelves Plan To Sell Its Copper Smelter In Tamil Nadu

Restarting the smelter will lead to a surge in India's copper output and cut imports Read more

Adani Group Tops Up Collateral On $1 Billion Loan After Stock Rout

Adani on Friday added about $300 million worth of shares for a loan made by a group of banks including Barclays Plc, one... Read more

Hindenburg Report: Sebi Discusses Adani Firms With Ratings Agencies

SEBI asked about the maturity profile of Adani Group debts, its liquidity, the founder's leverage and the overall rating... Read more

Adani Group Pulls Off $2.5 Billion Share Sale After Jump In Final Bids

The fully subscribed offering removes one overhang for India's $3.2 trillion stock market, which recently dropped out of... Read more

Infosys Admits Appeal Against UK Tax Assessment, Says Report

There is no suggestion of wrongdoing by Infosys, the newspaper highlights Read more

MGL Slashes CNG Price By Rs 2.50 Per Kg; Leaves PNG Prices Unchanged

After nearly half a dozen times of hikes, the city gas utility Mahanagar Gas on Tuesday announced a reduction of Rs 2.50... Read more

Zoho Corp Eyes $1 Billion Revenue From ManageEngine In Next 2-3 Years

The Company, which is India's first bootstrapped unicorn, says it will continue hiring in FY24 Read more

Income Tax Department Conducts Survey Action Against Drug Major Cipla

The Income Tax Department has carried out a survey action against drug major Cipla, sources said on Tuesday. The depart... Read more

Tata Motors Raises Final Tranche Of Rs 3,750 Crore From TRG Rise Climate

Tata Motors on Tuesday said it has raised the second and final tranche of Rs 3,750 crore from TPG Rise Climate as per an... Read more