Banking

Byju's Lenders Ready For Loan Restructuring But Want $200 Mn Prepayment

Byju's has volunteered to raise the interest rate for the loan by about 200 basis points (bps), but it has not agreed to... Read more

Meta Releases AI Model 'SAM,' Can Identify Items Within Photographs

Facebook parent Meta released an artificial intelligence (AI) model that can pick out the different items within the pho... Read more

CCI Approves SREI Infrastructure Finance's Acquisition By NARCL, IDRCL

Fair-trade regulator CCI on Thursday said it has approved the acquisition of SREI Infrastructure Finance by National Ass... Read more

D-Mart's Revenue Up By 20.1% To Rs 10,337.12 Cr In Quarter Ending March

The Damani family-promoted retailer had reported a revenue of Rs 8,606.09 crore in the January-March quarter last fiscal... Read more

Demand Trajectory Improved A Bit In Q4, Green Shoots Emerged: Dabur

Says some 'green shoots' emerging despite near-term consumption pressure Read more

Titan Company's Revenue Grows By 25% YoY In January-March Quarter

Premium brands in watches continued their strong performance with brand Titan and brands in Helios stores registering do... Read more

Vedanta Arm Zinc International In Talks With Global Banks For $1.25 Billion

Zinc International loan would require guarantee from Anil Agarwal-promoted group's India-listed firm Read more

HLL Infra Tech Services Reports 58% Jump In Profit To Rs 27.76 Cr In FY23

HLL Infra Tech Services Ltd (HITES) has reported a 58 per cent jump in net profit to Rs 27.76 crore in 2022-23 compared ... Read more

First Indian State-backed Fund Is Said Close To Naming A New CEO

The final decision could be announced as early as this month Read more

Promoter Group Firms Have Fully Repaid Loan Against Shares, Says JSPL

Companies are part of Naveen Jindal group, which is following a deleveraging strategy Read more

Jefferies Taps Barclays's Ashish Jhaveri To Help Build India M&A Team

The hire is part of the US firm's ambition to build an M&A practice in India, where dealmaking has been relatively r... Read more

Adani Wilmar's Overall Oil Sales Volume Drop In Q4 On Weaker Demand

The company saw smoother supplies of imported edible oils during the quarter with prices cooling off, resulting in highe... Read more

Crisil Ratings Upgrades Outlook On Jindal Stainless To 'positive'

Jindal Stainless Ltd (JSL) on Thursday said Crisil Ratings has revised its outlook on the stainless steelmaker's long-te... Read more

Mahindra & Mahindra To Bring 40 Tractor Models Under New OJA Brand

Mahindra & Mahindra Ltd on Thursday said its tractor division will bring 40 new models under a new brand OJA, built ... Read more

TVS SCS Wins UK Defence Ministry Contract For Supplying Land Rover Spares

Indian company will support the availability and upkeep of the military vehicle Read more