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Updated: 42 min 59 sec ago
Pickup in public expenditure may keep growth steady: Finance ministry
The review released on Thursday said that the risk of market correction has risen amid a boom around the world, and if this risk materialises, the spillover effect may be felt globally as well
IBBI amends rules to enhance creditor representation in insolvency process
The board notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations 2024 on September 24
Hindustan Copper plans to increase mine production capacity to 12.2 MTPA
The company achieved ore production of 3.78 million tonnes in FY'24 against 3.35 MT in FY'23, registering a rise of 13 per cent
Softbank-backed Swiggy files for IPO; aims to raise about Rs 3,750 crore
Swiggy's long-awaited public listing comes amid a booming IPO market, with 198 companies having raised $7.1 billion in the year to Sept.4, more than double the amount for the same period last year
IndiGo appoints Isidro Porqueras as COO, succeeding Wolfgang Prock-Schauer
Outgoing COO Prock-Schauer is retiring after leading the airline's operations for over seven years. He is one of the longest serving expats in Indian aviation who has previously led operations in now
No plans to list diagnostic arm Agilus Diagnostics: IHH Healthcare
Engaging with regulator on open offer for 26.1% stake in Fortis
HDFC sells nearly $717 million of home loans to reduce credit book
In June, HDFC also sold a 50 billion rupee loan portfolio. Its credit-deposit ratio stood at 104% at the end of March, higher than the 85% to 88% rate in the previous three fiscal years
Tata Electronics, PSMC complete tech transfer pact for Gujarat Fab unit
Tata Electronics has already engaged two esteemed design firms from Taiwan to create a top-tier Fab that adheres to global standards of quality, safety, and sustainability
PM Modi meets Tata Sons, PSMC officials to discuss semiconductor projects
Leaders of the two companies briefed Prime Minister Modi and updated him about their ongoing projects
State Bank of India brought down Kingfisher, Air India: JKC to SC
The first tranche payment of Rs 350 crore was required to be made by March 21, 2022
Sebi chair Madhabi Puri Buch urges MFs to make investors' voice heard
Madhabi Puri Buch calls for greater participation in voting on corporate resolutions; advocates healthier growth in the corporate bond market
Reliance Retail plans to sell H&M products online through AJIO platform
Both companies, in a joint statement on Thursday, entered into a partnership to launch H&M's line of products on the AJIO platform
Govt issues new advisory to states, UTs after first Mpox Clade 1b case
The advisory asks states and UTs to continue undertaking appropriate activities to make communities aware of the disease, its modes of spread, and the need for timely reporting and preventive measures
Refurbished smartphone sellers record strong growth for premium devices
With the festival season around the corner, companies operating in this space are expecting a significant surge in sales of these devices
PM Modi launches 3 Param Rudra supercomputers: Features explained
PM Modi launched 3 Param Rudra Super Computing Systems and an HPC system for weather research today. The supercomputers have been indigenously built under the National Supercomputing Mission
Thermax looks to double business in existing international markets
Thermax, Bhandari said, has a renewed focus on energy transition technologies, particularly hydrogen, carbon capture, and water management
Sebi amends rules, introduces fixed price process for voluntary delisting
Markets regulator Sebi has notified rules allowing companies to delist shares through a fixed price mechanism as an alternative to the reverse book building process, a move aimed at facilitating ease of doing business for listed firms.
Under the ...
Biocon inks licensing, supply pact with Tabuk Pharmaceutical Manufacturing
The pact also provides for provision to expand to other 'GLP' products, as well as option of tech transfer that will enable localised manufacturing at a later stage, the firm said
Balmer Lawrie plans Rs 700 cr capex to diversify into ethanol production
It plans to diversify into ethanol production, set up a free trade warehousing zone (FTWZ) in Mumbai and upgrade facilities, Chairman and Managing Director Adhip Nath Palchaudhuri told reporters
IDBI Bank launches OTS scheme for retail NPA borrowers to boost recovery
Outstanding principal of Rs 2,300 crore in focus