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Strategy shift at top insurer LIC aids in lowering govt borrowing costs

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Life Insurance Corp of India (LIC), the country's largest insurer, has stepped up federal and state debt purchases to reduce capital volatility, according...
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Jalan Kalrock Consortium infuses Rs 100 crore in cash-strapped Jet Airways

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The content is coherent and mostly free of errors. Here is a proofread version for enhanced clarity and formal presentation: Jalan Kalrock Consortium, the...
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Mkt regulator Sebi puts MCX’s impending transition to new CDP in abeyance

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Sebi’s decision followed a letter received from the Chennai Financial Markets and Accountability (CFMA) on the proposed transition. CFMA had filed writ petitions...
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Stock Market LIVE: Asian indices mixed; Brent oil eases slightly to $95/bbl

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Stock market LIVE updates on September 29, 2023: The favourable sentiment, along with decline in crude oil prices, may support domestic equities Friday....
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IHC to sell stake in Adani units as part of portfolio rebalancing strategy

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BENGALURU (Reuters) - Abu Dhabi conglomerate International Holding Company (IHC) said on Thursday it would sell its stake in India's Adani Green Energy...
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Indian EV charger maker Exicom Tele-Systems files for $48 million IPO

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India's Exicom Tele-Systems, which makes electric-vehicle chargers and energy storage systems, has filed for an initial public offering worth 4 billion rupees ($48.1...
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Mubadala in talks with Temasek for stake buy in Manipal Hospitals

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Mubadala is in talks to acquire a stake of less than 10% in India's Manipal Hospitals, in what could be the Abu Dhabi...
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Swaminathan’s advice was not to turn Green Revolution into greed revolution

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M S Swaminathan, renowned agricultural scientist, development thinker and father of India’s Green Revolution, passed away on Thursday. I knew him for four decades...
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M S Swaminathan, scientist who made India self-sufficient in food dies

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Dr M S Swaminathan, the agriculture scientist who transformed India from a net importer of food grains to rank among the largest producers...
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Current account deficit widens to 1.1% of GDP in June qtr at $9.2 bn

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India’s current account deficit (CAD) widened sequentially to $9.2 billion in the quarter ended June 2023 (Q1 FY24), or 1.1 per cent of...
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ICICI Bank sees $10 bn of flows before India’s entry to global bond index

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By Subhadip Sircar India’s bond markets may see inflows of as much as $10 billion even before JPMorgan Chase & Co. adds the nation’s...
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Tesla rival VinFast mulls setting up manufacturing plant in India

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Electric vehicle maker VinFast Auto is contemplating the establishment of a manufacturing plant in India, according to a report by The Economic Times...
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Railways utilised 59% of its capex in first 6 months of 2023-24: Vaishnaw

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The Indian Railways utilised 59 per cent of its total capital expenditure in the first six months of the financial year 2023-24, Railways...
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It’s official: No more free Windows 10 upgrades

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Airtel hits 50 mn 5G customers, says services now span all districts

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Bharti Airtel on Saturday announced it has garnered over 50 million 5G customers on its network - a feat achieved within one year...
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Monsoon 2023 ends with ‘below-normal’ rains with 6% shortfall, says IMD

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Despite a looming El Nino, the 2023 southwest monsoon season ended today with rainfall deficit of just 5.6 per cent from normal as...
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Railways utilised 59% of its capex in first 6 months of 2023-24: Vaishnaw

Business Admin - 0
The Indian Railways utilised 59 per cent of its total capital expenditure in the first six months of the financial year 2023-24, Railways...
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It’s official: No more free Windows 10 upgrades

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Airtel hits 50 mn 5G customers, says services now span all districts

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Bharti Airtel on Saturday announced it has garnered over 50 million 5G customers on its network - a feat achieved within one year...
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