Economy of India


JSW Group Exploring Possibilities To Acquire Coal Mines In Offshore Markets

Banking - Published date: .

Homegrown firm JSW Group is exploring possibilities to acquire coking coal mines in offshore markets, industry sources s... Read more

ONGC To Start Delivering Fuel From KG Basin From June 15, Seeks $12 Price

Banking - Published date: .

India's top oil and gas producer ONGC has finally put a date for the much-awaited start of production from its KG basin ... Read more

Reliance Consumer Products Partners General Mills To Launch Alan's Bugles

Banking - Published date: .

RCPL, FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL), announced its foray into the we... Read more

ONGC, Oil India In Talks For 50% Stake In $3.4 Billion Kenya Oilfield

Banking - Published date: .

India's flagship overseas oil firm ONGC Videsh has got a new partner in Oil India Ltd to replace a reluctant IndianOil (... Read more

SpiceJet Insolvency Row: DGCA's Early Warnings Reveal Brewing Trouble

Banking - Published date: .

As the insolvency issue of SpiceJet heats up, prior red-flagging to the company by the Directorate General of Civil Avia... Read more

Gail To Borrow Up To Rs 7,000 Cr To Fund Rs 10,000 Cr Capex Plan In FY24

Banking - Published date: .

Gail India plans to borrow up to Rs 7,000 crore in FY24 to fund the Rs 10,000 crore capital expenditure plan for this fi... Read more

Rane Holdings Ltd Reports Consolidated Loss Of Rs 8.1 Cr In March Quarter

Banking - Published date: .

Rane Holdings Ltd, the holding company of Rane Group has reported consolidated net loss at Rs 8.1 crore for the fourth q... Read more

Hindustan Aeronautics Posts First Decline In Profit In 10 Quarters

Banking - Published date: .

The company also said it incurred tax expenses of 124.7 million rupees in the quarter, against a gain of 5.28 billion ru... Read more

SpiceJet Starts Process Of Reviving Grounded Airplanes With $50 Mn

Banking - Published date: .

Budget carrier SpiceJet on Thursday said it has no plans to file for insolvency proceedings and has also started the pro... Read more

Godrej & Boyce Bags Orders Worth Rs 2,000 Crore In Solar Segment

Banking - Published date: .

Godrej & Boyce unit Godrej Electricals & Electronics has bagged order worth Rs 2,000 crore from power transmissi... Read more

Asian Paints Posts 45% Rise In Q4 Profit On Strong Demand, Easing Costs

Banking - Published date: .

Asian Paints dominates nearly half of the domestic paints sector, and the decorative paint segment accounts for about 80... Read more

Adani Ports To Pay $130 Mn Of Debt Early, $413 Mn Debt Tendered For Payment

Banking - Published date: .

Adani Ports had floated a tender of up to $130 million of 3.375% 2024 maturity dollar-denominated bonds late last month Read more

CEAT's Int'l Biz, Replacement Market To See Better Growth: VC Anant Goenka

Banking - Published date: .

Tyre maker CEAT expects recovery in its international business and replacement market, which are more profitable segment... Read more

Godrej Properties Aims To Sell Record Rs 14,000 Cr In FY24: Pirojsha Godrej

Banking - Published date: .

Godrej Properties expects 14 per cent growth in sale bookings this fiscal to a record Rs 14,000 crore on strong housing ... Read more

MSCI To Lower Free Float Of Two Adani Companies In Its May Index Review

Banking - Published date: .

MSCI now sees the Adani Total Gas' free float at 14% and Adani Transmission at 10%, from 25% Read more

Marico Reappoints Saugata Gupta As MD, Rajan Mittal Joins As Ind Director

Banking - Published date: .

FMCG major Marico on Friday said its board has re-appointed Saugata Gupta as its Managing Director and Chief Executive O... Read more

ICRA Downgrades Ratings Of Shapoorji Pallonji To BBB+, Places It On Watch

Banking - Published date: .

ICRA has downgraded the ratings of Shapoorji Pallonji and Company to BBB+ from A- and placed it on rating watch with dev... Read more

Brookfield Buys 51% Stake In Bharti Enterprises' 4 Commercial Properties

Banking - Published date: .

Global investment firm Brookfield has closed a deal to acquire a 51 per cent stake in Bharti Enterprises' four commercia... Read more

Vedanta's Anil Agarwal Presses On With Plan To Raise Oil, Zinc Output

Banking - Published date: .

Mining mogul Anil Agarwal is pushing ahead with an aggressive plan to raise oil and gas production, expand output of met... Read more

Birla Estates Buys Land Parcel In Mumbai, Eyes Revenue More Than Rs 600cr

Banking - Published date: .

Realty firm Birla Estates on Monday said it has purchased a land parcel in South Mumbai to develop a premium housing pro... Read more