Banking

Wework Starts New Coworking Centre In Pune With 1,500 Seating Capacity

Coworking major WeWork India has started a new centre in Pune with 1,500 desks and 96,000 square feet area amid rising d... Read more

Over 75% Indian Workplaces Lack Basic Facilities For PwD: Randstad Survey

The findings of a report released by Randstad India reveal that there is a gap between the policies for PwD and their im... Read more

Chambal Fertilisers Reports 26% Slump In Q3 Profits On Weak Demand

(Reuters) - India's Chambal Fertilisers and Chemicals Ltd reported a near 26% slump in quarterly profit on Tuesday after... Read more

Centre Appoints K Satyanarayana Raju As New MD & CEO Of Canara Bank

State-owned Canara Bank on Tuesday said the Union Government has appointed K Satyanarayana Raju as its Managing Director... Read more

India's Non-fossil Power Generation Touches 174 GW In 2022: R K Singh

India's non-fossil fuel-based power generation capacity was at 174.53 gigawatt (GW) at the end of December 31, 2022, Par... Read more

Banks' Exposure To Adani Group 'insufficient' To Pose Credit Risk: Fitch

MUMBAI (Reuters) -The exposure of banks to the embattled Adani Group is 'insufficient in itself' to present a substantia... Read more

Japan's SoftBank Group Logs $5.9 Bn Loss As Tech Investments Tumble

Japanese investor SoftBank Group reported Tuesday that it sank into a deep loss for the October-December quarter, slamme... Read more

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

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

NABARD Aims To Raise Rs 3000-5000 Cr In Debut Green Bond Issue: Report

Currently, NABARD is getting necessary certifications and approvals to comply with the market regulators' guidelines on ... Read more

Adani Ports Eyes Rs 15,000 Cr Ebitda In FY23, Will Prepay Rs 5,000 Cr Debt

Prepayment to significantly improve net debt-to-Ebitda ratio, bring it closer to 2.5x by March, says company Read more

PhonePe Launches Cross-border UPI Payments Service, Says It's India's First

Users can activate UPI-linked bank account for the international service at the merchant location, or before that Read more

To Pacify Stakeholders, Top Banks Declare Their Exposure To Adani Group

The lenders to the group include big names like the State Bank of India, Bank of Baroda, the Punjab National Bank, Axis ... Read more

RCap Resolution: NCLAT Issues Notices To Torrent Investments, Others

The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to Torrent Investments and other responden... Read more

IT Firms Tighten Employee Scrutiny Amid High Costs, Thin Margins: Report

The senior employees who have been hired at a premium over the past two years will also face a greater degree of scrutin... Read more

SBI Has 'well-manageable' Exposure To Embattled Adani Group: CreditSights

CreditSights pointed out that the country's largest lender has a provision reserves buffer of around 338 billion rupees ... Read more