JSW Steel plans to raise up to Rs 17,000 crore; $1 billion from int’l markets
JSW Steel on Friday said its board has approved plans to raise funds up to Rs 17,000 crore through the issuance of various securities and tap the international markets to…
Jewellers getting more inquiries for gold after RBI withdraws ₹2,000 notes; no panic buying
Jewellers in India, the world's second largest gold consuming country after China, have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank's announcement to…
China opposes G20 meeting in Indian-rule Kashmir and will skip it
China said on Friday that it is opposed to a G20 tourism meeting next week in the disputed Himalayan territory of Kashmir in India and will not attend. India, which…
India makes world record by constructing 100 km road part of Ghaziabad-Aligarh Expressway in 100 hrs
Union Minister Nitin Gadkari on Friday informed that in a proud moment, the Ghaziabad-Aligarh Expressway has made history by achieving a remarkable feat - laying of Bituminous Concrete over a…
ITC net profit rises 23.35% to Rs 5,175 crore in Q4FY23, beats estimates
Conglomerate ITC on Thursday reported a 23.35 per cent year-on-year (YoY) jump in consolidated net profit in 2022-23 (FY23) January-March quarter (fourth quarter, or Q4) to Rs 5,175.48 crore, from…
GAIL Q4 profit falls 77.5% to Rs 603 cr as Ukraine war weighs on gas supply
State-run gas supplier GAIL on Thursday reported a net profit of Rs 603 crore in the fourth quarter of financial year 2022-23 (Q4, FY23), a 77.5 per cent decline compared…
IndiGo reports best ever Q4 profit at Rs 919 crore
InterGlobe Aviation Ltd, which operates India’s largest airline IndiGo, on Thursday reported profit of ₹919.2 crore, a record for the March quarter, as air travel boomed. Total income during the quarter…
Vodafone announces massive layoffs, plans to cut 11000 jobs and reallocate resources
Vodafone, the British telecom giant, has announced that it will be reducing its global workforce by 11,000 employees over the next three years. The decision comes as the company's share…
Tesla restarts India market talks with new factory proposal
Tesla Inc (TSLA.O) has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told government officials on Wednesday, according to a source with…
RBI Allows SBI Funds Management To Acquire Up To 9.99% Stake In HDFC Bank
The Reserve Bank of India (RBI) has given SBI Funds Management (SBIFML) -a joint venture between State Bank of India and France's AMUNDI, permission to purchase up to a 9.99%…
