An important lesson, supposedly learned in the aftermath of 2008 crisis, was that governments stepping in to help too-big-to-fail private banks is not a favourable situation
The group's flagship Adani Enterprises Ltd (AEL) incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd in 2021 for setting up a greenfield coal-to-PVC plant at Adani Ports and Special Economic Zone (APSEZ) land in the...
Last year, the company had posted record sales in India with 92 units growing at 33 per cent from the previous year. Its previous best-ever sales in the country was in 2021 with 69 units
Sustainable Equity Fund will invest in equity and equity-related instruments of ESG companies, while Dynamic Advantage Fund will diversify between equity and debt. Both are available at net asset values of Rs 10 per unit....
The ownership transfer of the airline under the insolvency resolution plan is facing hurdles over differences between the winning bidder and lenders
The company is introducing new risk-based capabilities across its security portfolio for hybrid and multi-cloud environments in India
The fallout from the failure of US banks could dampen investor sentiments globally, but India is not at risk from any economic risks. Indian investors should instead increase the duration of their fixed-income portfolios,...
Issuance of LoCs based on own financial strength is a part of regular business practice. It enables these entities to raise resources at competitive rates for their capex or working capital needs as well as furthering the...
For semi-skilled labourers, the state has hiked the minimum monthly wage from Rs 9,653.80 to Rs 11,986, up Rs 2,332.20, or 24.15 per cent. For unskilled...
The venture investing industry poured in $6.6 billion into companies in February 2022, while the same stood at $4.314 billion in January 2023
Xiaomi has continued its partnership with Leica and with the 1-inch sensor on the 13 Pro, the photography capabilities have gone many levels higher
PepsiCo Foundation will help provide improved access to fresh water for drinking and domestic purposes, impacting more than 20,000 people and 3,000 children...
Jhunjhunwala will continue the philanthropy work that her husband had initiated with SEFI earlier. Her charitable initiatives include contribution towards...
RBI in consultation with the government has announced various measures recently to diversify and expand the sources of forex funding to mitigate exchange rate...
Last month, the airline announced that Carlyle Aviation Partners will acquire a 7.5 per cent stake in the airline by converting outstanding dues as well as...
Samsung this year started manufacturing its premium Galaxy S23 series in India
In India, the high-risk AT1 bonds have been in the news ever since Yes Bank decided to write-off around bonds worth Rs 8,400 crore as part of its restructuring...
Credit Suisse’s acquisition by UBS involved a team headed by Credit Suisse’s chief financial officer (CFO) Dixit Joshi
Here are some of the major developments from the world of crypto over the past few days
Nifty 50 index touched an intraday low of 16,828 and gold surged to record high of Rs 60,455 on the MCX
ICICI Prudential Life Insurance has launched the ICICI Pru Gold in three variants to meet the individual’s various financial goals.
Bitcoin (BTC) was the most trending cryptocurrency, while Conflux CFX was the top gainer in the last 24 hours.
Banks led stock markets lower on Monday as Credit Suisse's takeover deal and promises of liquidity from central banks failed to stem fears of a bigger crisis...
The CIL chief added that the company is aiming to raise underground coal production to 100 million tonnes by 2030 from around 25-30 million tonnes at present
Many parts of the country received unseasonal rains and hail in the last few days due to western disturbances, as per the India Meteorological Department (IMD)
