Professional Information Services (NEC)


Indian Oil Eyes Processing Bio-naphtha For Petrochemicals: Chairman

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Bio-naphtha is typically obtained from hydro-treatment of used vegetable and cooking oils Read more

Ambani's JioCinema Unveils Pricing In Fight With Netflix, Disney

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Indian billionaire Mukesh Ambani's streaming platform JioCinema announced premium pricing of 999 Indian rupees ($12) a y... Read more

Go First Needs To Raise Funds: Resolution Professional Tells Staff

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Go Airlines will need to raise funds to revive the bankrupt company amid plans to keep it as a going concern, the recent... Read more

GAIL To Build $4.89-bn Ethane Cracker Near LNG Import Plant In West India

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The company plans to import ethane from the United States for the project, the source said Read more

Temasek Considers Investing $100 Million In Jeweller BlueStone: Report

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The potential deal could boost BlueStone's plans to expand aggressively in India, the second-largest jewellery consuming... Read more

Go First Locks Horns With Lessors In A Bid To Begin Bankruptcy Hearings

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NEW DELHI (Reuters) - Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tuss... Read more

Apple To Nearly Triple Investment, Exports In India In Coming Years

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Apple mainly assembles iPhones in India through Taiwan contract manufacturers but plans to expand into iPads and AirPods... Read more

India's JSW Steel Plans To Sell Specialty Steel To Russia: Company Source

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India's JSW Steel plans to sell specialty steel products to Russia this year, a senior company official told Reuters on ... Read more

Delivery Firm Dunzo Secures $75 Mn Funding, Lays Off 30% Of Staff: Report

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According to the report, under the new business model, Dunzo will cut about 50% of its dark stores and run only those th... Read more

From Manual Pricing To ChatGPT: How Air India Is Transforming Under Tata

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The push to modernise underscores the decay left by years of under-investment as Air India looks to shed decades-old bur... Read more

AstraZeneca Shot Raised Heart-related Death Risk In Young Women: Report

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AstraZeneca's Covid vaccine (manufactured and administered in India as Covishield) raised the risk of heart problem, and... Read more

Ambani Adopts Familiar Playbook In India Cola Battle Vs Coke, Pepsi

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A person with direct knowledge of Reliance's plan said it aims to open some factories of its own or as joint ventures to... Read more

First Citizens Considering To Make An Offer To Buy Collapsed SVB: Report

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As Wall Street giants move to end the spiralling banking crisis in the US, First Citizens BancShares Inc is reportedly c... Read more

GQG Founder To Meet Australian Investors After $1.9 Bn Adani Investment

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Investment firm GQG Partners Inc founder Rajiv Jain will meet clients and investors in Australia this week and will expl... Read more

GQG Founder To Meet Australian Investors After $1.9 Bn Adani Investment

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GQG Partners bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the ... Read more

India Housing Market To Remain Resilient Despite Higher Rates: Poll

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A major source of employment in a country of 1.4 billion people where a majority are unskilled, the Indian housing marke... Read more

Australian Pension Fund Client Queries GQG About $1.9 Bn Adani Investment

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AustralianSuper, which has an external mandate with GQG Partners, will be exposed to the four Adani Group companies foll... Read more

Adani Group To Repay Up To $790 Mn Share-backed Loans By March: Reports

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Adani Green Energy also plans to refinance its 2024 bonds via a $800 million, three-year credit line, said the sources, ... Read more

Adani In Talks For $400 Mn Debt Against Australian Coal Port Assets: Report

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North Queensland Export Terminal, which is controlled by Adani family trust, is being considered to raise funds for the ... Read more

Tata Motors In Talks To Raise $1 Bn Via Stake Sale In EV Business: Report

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Indian carmaker, Tata Motors has begun discussions with soverign wealth funds and private equity investors to sell a sig... Read more