Banking

Ola To Raise $300 Mn To Fund Expansion Of Scooter, And Battery Cell Plants

This fundraising will reduce the promoters' shareholding marginally from 40 per cent currently to 37-38 per cent Read more

Mahindra To Raise Up To $1.3 Billion For Its Electric Vehicle Unit: Report

Indian automaker Mahindra and Mahindra Ltd is in advanced talks with global investors to raise between $1 billion and 1.... Read more

CCI To Set Up In-house Digital Mkt Data Unit For Regulating Tech Platforms

Jyoti Jindgar Bhanot, secretary of the CCI, emphasised on early intervention as a key to ensure that competitive landsca... Read more

How Vartika Shukla, The First Female Leader At EIL, Is Plotting Change

Shukla, who's worked for the company for more than three decades, is attempting to change its profile, branching out fro... Read more

Manmeet K Nanda Appointed New Managing Director & CEO Of Invest India

The board of Invest India has appointed Manmeet K Nanda as the Managing Director and Chief Executive Officer of the inve... Read more

Ola Electric To Raise $300 Mn For Expansion Plans To Meet Corporate Needs

E-vehicle manufacturer Ola Electric is close to raising funds of around USD 300 million for its expansion plans and to m... Read more

Srei Promoters Dispute Insolvency Proceedings; Next Hearing On March 31

Government had suspended fresh insolvency proceedings through an ordinance in June 2020 Read more

Tata Power Renewable Energy To Set Up 200 MW Solar Project In Maharashtra

Tata Power Renewable Energy Ltd (TPREL) on Tuesday said it has received a letter of award from MSEDCL to set up a 200 MW... Read more

Power Finance Corp Board Approves Plans To Raise Rs 80,000 Cr In FY24

State-owned Power Finance Corporation (PFC) on Tuesday said its board has approved raising up to Rs 80,000 crore through... Read more

Air India's Expansion Plans Stir Tension Over Airline Flying Rights

Tensions over plans to transform AI into a global airline with hundreds of new jets rippled across aviation sector as fo... Read more

Finolex Cables Expects To More Than Double Turnover To Rs 11,000 Cr

Finolex Cables, which leads the electrical and communication cables segments, hopes to net Rs 500 crore in revenue from ... Read more

'Very Vexing': Emirates President On Bilateral Rights Being Frozen

At the CAPA India Aviation Summit 2023, Clark stated that the Indian market will grow, and there will be pressure on air... Read more

Honda To Launch New Car Every Year Till 2028 In Indian Market

Kunal Behl, VP, Honda Cars India said that there are also plans to re-launch an SUV in the first half of the next fiscal... Read more

Tata Motors To Raise Prices Of Commercial Vehicles By 5% From April

This would be the fourth price hike by India's largest automobile maker this fiscal year Read more

Mondelez Ups India Bet, To Invest Rs 4,000 Crore In Next Three Years

The chocolate maker will expand capacity at its manufacturing facilities, build more warehousing capacity, and augment c... Read more