Banking

HPCL To Lift 45% More Oil From Iraq To Meet Expanded Refining Capacity

The refiner will buy 3.2 million tonnes or about 64,000 barrels per day (bpd) from Iraq this year, up from 44,000 bpd in... Read more

Govt Set To Become Largest Shareholder Of Vi, To Own 35.8% Stake

While the government may become the largest shareholder, it may not get involved in running the company. Read more

Govt To Own 35.8% In Vodafone Idea After Converting Dues, Says Company

This will result in dilution for all the existing shareholders of the company, including the founders Read more

Facebook Parent Meta Delays Office Reopening, Mandates Booster Shots

All workers returning to office will have to present proof of their booster jabs, while the company closely monitors the... Read more

Airbus Says Deliveries Of New Airline Jets Are Nosing Higher

The company said it ended last year with a backlog of 7,082 aircraft on order Read more

Blackstone Exits Mindspace Business Parks REIT; Sells Stake For Rs 1,740 Cr

The REIT owns quality office portfolios located in four key office markets of India, namely Mumbai Region, Pune, Hyderab... Read more

Trinity Alternative Says No Illicit Transactions With Srei Group Entities

On October 4, 2021, the Reserve Bank of India (RBI) superseded the boards of the group firms -- Srei Infra Finance and S... Read more

Brookfield-backed IndoStar Capital Finance Eyes 800 Branches In Four Years

The non-banking financial company (NBFC) expects to grow loan book 4-5 times and also enter financing of used cars and t... Read more

Let's Target To Create 75 More Unicorns By 2022-end: Piyush Goyal

The minister called upon stakeholders in the innovation ecosystem to strive to take India to the top 25 in the Global In... Read more

US-based Trust Files Suit Against Fortis, Others; Seeks $6.5 Bn In Damages

Fortis Healthcare on Monday said a US-based entity has filed a suit against it and various others, including IHH Healthc... Read more

Greaves Cotton Soars 20%, Hits All-time High On The Back Of Heavy Volumes

Up 52% so far in Jan; demand has surged after EV arm reported strong sales Read more

Anupam Rasayan Signs LoI Worth $95 Million With MNC Firm

The company, in a statement, said it will enter into a long-term contract to supply this life science-related speciality... Read more

Timex Group Gets Manufacturing Rights For Guess & Gc Watches In India

Leading watchmaker Timex Group India Ltd on Monday said it has been granted manufacturing and distribution rights for Gu... Read more

Vodafone Idea Unlikely To Convert Interest On Govt Dues To Equity: IIFL

The telecom company has to take a call on the issue by Wednesday Read more

Non-life Insurance Firms Register 7% Rise In Gross Premium At Rs 18,953 Cr

The non-life insurance companies had underwritten gross premium valuing at Rs 17,662.32 crore in December 2020 Read more