ONGC To Invest $2 Bn In Mumbai Offshore To Raise Oil, Gas Output
India's top oil and gas producer ONGC will invest over USD 2 billion in drilling a record 103 wells on its main gas-bear... Read more
Adani Group Rout Has Room To Run As Charts Show 85% Call Still Valid
The rout in Adani Group shares has room to run based on charts that show key stocks in Gautam Adani's empire may still e... Read more
Indian Footwear Retailer Metro Hiring Up To 2,000 Store Workers, Says CEO
The company, which had 720 stores as of end-2022 and nearly 4,000 employees overall, said last March it would add 260 ne... Read more
Wipro President Rajan Kohli Resigns After Nearly Three Decades: Report
Kohli was the president of Wipro's Integrated Digital, Engineering, and Application Services Business Line (iDEAS), and ... Read more
Banks, Bondholders To Recover Less From Insolvencies Under New Proposal
Secured creditors, typically banks and bondholders, would continue to have first claim on proceeds of an insolvency reso... Read more
Tata Motors In Talks To Raise $1 Bn Via Stake Sale In EV Business: Report
Indian carmaker, Tata Motors has begun discussions with soverign wealth funds and private equity investors to sell a sig... Read more
Hindenburg Fallout: Adani Group Decreasing Exposure To Indian Banks
Of all the debt the Adani Group has, over half is foreign debt in the form of overseas bonds and loans taken from foreig... Read more
Fresh Blow To Adani After Wikipedia Claims Entries On Group Manipulated
In its report, The Signpost alleged that over 40 sock puppets or undeclared paid editors created or revised 9 articles o... Read more
Adani's Older Brother Plays Opaque, Powerful Role At Embattled Dynasty
Vinod Adani, through several close associates, manages a vast labyrinth of offshore shell entities," the report said ide... Read more
Sri Lanka Investment Board Approves $442-mn Adani Green Wind Power Plants
Sri Lankans have been struggling with rolling powers cuts for over a year as the country struggled to generate sufficien... Read more
Zomato Unveils New 'Everyday' Offering For Affordable Home-cooked Meals
The new offering will provide meals starting at Rs 89 and is currently available in select areas of Gurugram only Read more
Why Seek Hearing Of 2019 Case Against Adani Now: High Court to SFIO
The Bombay High Court on Wednesday in jest remarked if the Serious Fraud Investigation Office (SFIO) has sought hearing ... Read more
Amazon Closes $3.9 Billion Acquisition Of Health Company One Medical
Amazon said Wednesday it has closed its $3.9 billion acquisition of the primary care organization One Medical. The e-co... Read more
Orient Cement Terminates MoU With Adani Power To Set Up Unit In Maharashtra
Orient Cement entered into a MoU on September 24, 2021 with Adani Power Maharashtra Ltd (APML) Read more
Bill Gates Buys Minority Stake In Heineken Holding NV For $902 Million
Bill Gates has acquired a minority stake in Heineken Holding NV, the controlling shareholder of the world's second-large... Read more