Promoter Ajay Singh-led airline SpiceJet said it has completed raising the first tranche of capital infusion worth Rs 744 crore through the allotment of securities on a preferential basis. ... read..
In conjunction with the state visit of French President Emmanuel Macron to India, Akasa Air and CFM International announced an agreement to purchase more than 300 CFM LEAP-1B engines to power 150 Boeing 737 MAX airplanes, the sale of which was announced l ... read..
Foreign portfolio investors have been aggressively selling Indian stocks, turning net sellers in the Indian equity market so far in January 2024, after making a beeline to accumulate domestic stocks during the past two months--November and December. ... read..
India's foreign exchange reserves declined by USD 2.795 billion to USD 616.143 billion in the week that ended on January 19, 2023, the latest data released by the Reserve Bank of India showed. ... read..
New Delhi [India], January 26 (AN I): In a report, Fitch Ratings predicts that the growth of hybrid electric vehicles (HEVs) will serve as a crucial financial catalyst for Japanese automakers, facilitating the transition to battery electric vehicles (BEVs ... read..
The post-winter outlook for liquefied natural gas (LNG) in Asia faces uncertainties due to mild temperatures and consistently high stock levels among Asian utilities. ... read..
As the country marked its 75th Republic Day, Union Minister Piyush Goyal engaged in a spirited interaction with innovators and entrepreneurs in the national capital. ... read..
Fitch Ratings has raised concerns about the potential credit implications for structured finance (SF) transactions in the face of cyber-attacks, even if these attacks do not directly lead to payment defaults. ... read..
In a move towards accelerating the growth of renewable energy projects and large-scale infrastructure endeavours in India, Rural Electrification Corporation Limited (REC), a Maharatna Central Public Sector Enterprise under the Ministry of Power, has enter ... read..
In a stride towards comprehensive socio-economic development, the Ministry of Commerce and Industry, under the visionary PM GatiShakti initiative, is propelling the planning and implementation of the Ayodhya Bypass Project. ... read..
Ahmedabad (Gujarat) | January 25, 2024 9:23:06 PM IST
Adani Power reported a sharply higher consolidated profit after tax during the October-December quarter of the current financial year 2023-24 at Rs 2,738 crore versus only Rs nine crore reported during the same quarter of the preceding year. ... read..
As the Union Budget 2024-25 looms large on the horizon against the backdrop of impending general elections, industry leaders are vocalizing their expectations, with a focus on sectors like travel and tourism. ... read..
In a recent pre-budget survey conducted by Deloitte Touche Tohmatsu India LLP (DTTILLP), key findings reveal a prevailing optimism and confidence within India Inc regarding the nation's economic trajectory. ... read..
The Union Minister of Finance, Nirmala Sitharaman, attended the event "Empowering the Youth: Building the Foundations of a Viksit Bharat" at Hindu College, Delhi, underscoring the vital role of Indian students in global workplaces and urging the youth to ... read..
In anticipation of the upcoming 2024-25 budget, an interim one preceding the General Elections, the government is set to prioritize maintaining policy continuity and committing to fiscal consolidation. ... read..
Minister of Road Transport and Highways, Nitin Gadkari, has championed the cause of comprehensive exploration of biofuels and alternative fuels to drive unprecedented growth in the energy and power sector. ... read..
As India awaits the unveiling of its Interim Budget for 2024, there is a notable shift from grand populist gestures to a focus on policy continuity, growth, and sustainability. Key elements of the budget are expected to centre around capital expenditure, ... read..
The World Bank (International Bank for Reconstruction and Development, IBRD) has unveiled a groundbreaking seven-year USD 100 million Plastic Waste Reduction-Linked Bond. ... read..
The Federation of Indian Chambers of Commerce and Industry (FICCI) has presented a set of comprehensive recommendations ahead of the Interim Union Budget for 2024-25, outlining a strategic roadmap to fortify India's economic foundation. ... read..
As the Union Budget 2024-25 approaches against the backdrop of looming general elections, industry leaders express their expectations and insights on key sectors like agriculture and healthcare, anticipating a budget that strikes a balance between fiscal ... read..
May-Elin Stener, the Norwegian Ambassador to India, took to the social media platform X to share a momentous update about Norfund, the Norwegian Investment Fund for developing countries. ... read..
The Competition Commission of India (CCI) has approved the 100 per cent acquisition of Wistron Infocomm Manufacturing (India) Private Limited by Tata Electronics Private Limited. ... read..
In a move aimed at bolstering economic ties and creating a structured framework for collaboration, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal for signing a protocol for the establishment of a Joint Econo ... read..
The Competition Commission of India (CCI) has given the green light to JSW Ventures Singapore Pte. Limited for the acquisition of approximately 38 per cent of the share capital of MG Motor India Private Limited. ... read..
The Competition Commission of India (CCI) has granted its approval for the merger of Fincare Small Finance Bank Limited (Fincare) and AU Small Finance Bank Limited (AU). ... read..
