Economy of India


Adani Ports Repays Rs 1,500 Cr To SBI Mutual Fund, Aditya Birla Sun Life

Banking - Published date: .

Adani Ports and Special Economic Zone has repaid Rs 1,500 crore loan and will repay another Rs 1,000 crore in commercial... Read more

Spicejet To Consider Capital Raise Amid Losses, Market Share Battle

Banking - Published date: .

Spicejet's market share slipped to 7.3% in January from 7.7% in December Read more

NTPC Green Energy To Raise Up To Rs 9,000 Cr Through Rupee Term Loan

Banking - Published date: .

NTPC arm NTPC Green Energy Ltd (NGEL) has invited bids for rupee denominated term loan of up to Rs 9,000 crore. The bid... Read more

Hero Plans To Expand Electric Two-wheeler Range Over Next 12-18 Months

Banking - Published date: .

The country's largest two-wheeler maker Hero MotoCorp plans to expand its electric two-wheeler range over the next 18-24... Read more

GAIL Imitates Reliance: Plans To Import Ethane From United States

Banking - Published date: .

India's largest gas firm GAIL is imitating billionaire Mukesh Ambani-led Reliance Industries Ltd in planning to import e... Read more

Fortune Park Hotels To Add 15 New Properties In Next Two-and-a-half Yrs: MD

Banking - Published date: .

ITC group firm Fortune Park Hotels Ltd plans to add 15 new properties with 1,500 rooms in the next two-and-a-half years ... Read more

BEL & Israel Aerospace To Form JV For Product Support To Indian Defence

Banking - Published date: .

Defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI) have concluded a Memorandum of Agreem... Read more

Merger Of 7 Subsidiaries With Tata Steel To Complete By FY24: CEO Narendran

Banking - Published date: .

The merger of 7 subsidiary companies with Tata Steel is expected to be completed in 2023-24 fiscal year, its CEO and man... Read more

Adani Group Firms Pledge Shares For Lenders Of AEL: SBICAP Trustee

Banking - Published date: .

SBICAP Trustee said it had received the pledges in its capacity as "security trustee" of the lenders of Adani Enterprise... Read more

Paytm Logs 89 Mn Monthly Transacting Users, GMV Grows 44% To Rs 1.2 Trn

Banking - Published date: .

The company continues to dominate the offline payments market with 6.1 million merchants now paying subscriptions for pa... Read more

ONGC To Explore Investing In Argentina Gas Assets: Chairman Arun Kumar

Banking - Published date: .

The company also signed a memorandum of understanding with Argentina's state oil company YPF for hydrocarbon cooperation Read more

New York Life Insurance To Invest Rs 290 Cr In Max Group's Realty Project

Banking - Published date: .

New York Life Insurance Company will invest Rs 290 crore to acquire 49 per cent stake in an upcoming commercial project ... Read more

Ceat Looks For Opportunities As World Seeks Alternative To China: Official

Banking - Published date: .

With the world looking for an alternative to China for sourcing tyres, Ceat Ltd is planning to cash in on the opportunit... Read more

ONGC To Ramp Up Exploration For Oil, Gas; Looks For Collaborations

Banking - Published date: .

India's top oil and gas producer ONGC is pivoting a four-pronged strategy of ramping up exploration efforts, quickly bri... Read more

Godrej Properties Adds 15 Land Parcels With Sales Potential Of Rs 27,500 Cr

Banking - Published date: .

Seeking to expand business amid strong housing demand, realty firm Godrej Properties has acquired 15 land parcels so far... Read more

Adani's Morality Similar To His Prime Mentor's Humility: Congress

Banking - Published date: .

The Congress Thursday took a dig at Adani Enterprises over its decision to withdraw its Rs 20,000-crore share sale, sayi... Read more

Jindal Steel And Power Says Enquiries From European Buyers On Rise

Banking - Published date: .

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

Govt Support Needed Till EV Penetration Reaches Desired Level: Girish Wagh

Banking - Published date: .

Support provided by the government to promote electric and zero emission vehicles through schemes such as FAME II, need ... Read more

DGCA Slaps Rs 30 Lakh Penalty On Air India For Urination Incident In Flight

Banking - Published date: .

Aviation regulator DGCA has imposed a penalty of Rs 30 lakh on Air India as well as suspended the license of pilot-in-co... Read more

HDFC To Raise At Least Rs 3000 Cr Via Bonds; May Invite Bids Next Week

Banking - Published date: .

India's Housing Development Finance Corp (HDFC) will return to bond market after a gap of two months, three merchant ban... Read more