Banking

Hindenburg Row: Adani Group Reassures Investors As Stocks Plunge Further

Says business plans "fully funded" after reports about revenue target cut and capex halt Read more

M&A Deals Jump By 40% To $163 Bn In 2022, Aided By $57 Bn HDFC Merger

The USD 57-billion HDFC-HDFC Bank deal helped the overall merger and acquisition activity in the country rise by 40 per ... Read more

Boeing Plans New Logistics Centre In India Amid Major Aircraft Order

Boeing Co plans to invest about $24 million in India to set up a logistics centre for airplane parts Read more

Power Finance Corporation Net Profit Rises 7% To Rs 5,241 Cr In Dec Quarter

State-owned Power Finance Corporation (PFC) on Monday posted a 7 per cent rise in its consolidated net profit at Rs 5,24... Read more

YES Bank Moves SC Against Bombay HC Ruling On AT1 Bond Write-off

The HC had given the bank six weeks' time to challenge the order in the apex court Read more

Japan's NTT Says Planning Rs 2,000 Cr Investment In Bengal Data Centres

Company has committed investing $2 billion in India, plans more data centres Read more

MapmyIndia Invests In Drone Firm Indrones To Expand Customer Offering

Geospatial software company buys 20% stake in start-up that has developed technologies for data collection Read more

Govt To Initiate Closure Of SAIL's Steel Unit In Bhadravathi: MoS Finance

The government has decided to shut SAIL's loss- making Visveswaraya Iron & Steel Plant (VISP) at Bhadravathi in Karn... Read more

High ULIP Sales, Annuity Products' Repricing Squeezed LIC Margins

Analysts expect modest RoEV given lower margin profile than private peers Read more

Nissan, Renault To Invest Rs 5,300 Cr In India To Make 6 New Models

Alliance announces country plan to increase production, scale up research and shift to carbon-neutral manufacturing Read more

Reliance Seeks $12.75 Per Mn Thermal Unit For CBM Gas, ONGC Wants $9.35

Billionaire Mukesh Ambani's Reliance Industries Ltd and state-owned Oil and Natural Gas Corporation (ONGC) are separatel... Read more

JCB To Enter Mass Segment To Achieve 30-fold Spike In Card Base In 5 Years

The firm has reached the milestone of issuing one million Rupay JCB cards in India Read more

Chemplast Sanmar To Spend Rs 680 Cr On Expanding CMC Works At Hosur

Phase-1 of project slated to be completed by Q2 of FY24 Read more

Highest-ever Quarterly Revenue By Essar Oil In Q3 As CBM Output Doubles

The company reported 100% offtake of gas through GAIL's Urja Ganga pipeline Read more

575 Small Firms Hiring Employees Laid Off By Tech Giants: Report

India third in global tech-hiring geographies; USA and European Union lead Read more