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Adani’s $3.5 bn Ambuja loan moves ahead after some banks get approval
Business

Adani’s $3.5 bn Ambuja loan moves ahead after some banks get approval

Posted on: October 10, 2023

[ad_1] Ambuja cements (Photo: Bloomberg) By Saikat Das A group of banks that have been in talks to lend about $250 million each toward a syndicated […]

MG Motor to overhaul its dealership network, close underperforming outlets
Business

MG Motor to overhaul its dealership network, close underperforming outlets

Posted on: October 10, 2023

[ad_1] As MG Motor India prepares for its potential partnership with JSW Group, the car company is planning to overhaul its dealership network in the country. It […]

Supreme Court likely to hear Jet Airways lenders plea on October 12
Business

Supreme Court likely to hear Jet Airways lenders plea on October 12

Posted on: October 10, 2023

[ad_1] The Supreme Court is likely to hear the plea by Jet Airways’ lenders on October 12 after the lenders challenged the National Company Law Appellate Tribunal’s […]

Stock Market Live: Asian mkts up; Fed officials hint rates may have peaked
Business

Stock Market Live: Asian mkts up; Fed officials hint rates may have peaked

Posted on: October 10, 2023

[ad_1] Stock market Update on Tuesday, October 10: Two US Fed officials, on Monday, hinited that there was little room to raise rates further. [ad_2] Source link

Cricket World Cup economic boost is threatened by taxes
Business

Cricket World Cup economic boost is threatened by taxes

Posted on: October 10, 2023

[ad_1] By Andy Mukherjee The once-in-four-years Cricket World Cup began in India last week, with economists and stock-market pundits showing more enthusiasm for the contest than […]

Tata Steel consolidated output falls 3.2% to 7.26 MT during Jul-Sept qtr
Business

Tata Steel consolidated output falls 3.2% to 7.26 MT during Jul-Sept qtr

Posted on: October 9, 2023

[ad_1] Tata Steel has posted a 3.2 per cent decline in consolidated production to 7.26 million tonne during the second quarter of the ongoing fiscal. Its […]

Hinduja Group in talks with private debt funds to raise around $800 million
Business

Hinduja Group in talks with private debt funds to raise around $800 million

Posted on: October 9, 2023

[ad_1] Saikat Das, Megawati Wijaya and Baiju Kalesh Indian conglomerate Hinduja Group is in talks with private credit funds to raise about $800 million to […]

Vedanta Ltd arm Hindustan Zinc gets Rs 1.81 crore tax penalty order
Business

Vedanta Ltd arm Hindustan Zinc gets Rs 1.81 crore tax penalty order

Posted on: October 9, 2023

[ad_1] “The order has been passed on the contention that the company had wrongly availed input tax credit,” the company said Vedanta Ltd on Monday said the […]

Open-source solution from AyanWorks gets Digital Public Good status
Business

Open-source solution from AyanWorks gets Digital Public Good status

Posted on: October 9, 2023

[ad_1] AyanWorks, a Pune-based blockchain solutions firm, has become the first Indian company to receive a Digital Public Good status for an open-source self-sovereign identity (SSI) and digital […]

Total capital expenditure to be Rs 1.25 trillion till FY31
Business

Total capital expenditure to be Rs 1.25 trillion till FY31

Posted on: October 9, 2023

[ad_1] Maruti Suzuki India (MSIL) announced on Monday that it plans to invest approximately Rs 1.25 trillion in total capital expenditure (capex) between FY24 and FY31. Out […]

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