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Adani’s $1.1 bn copper project in Gujarat to start operations from Mar 2024
Business

Adani’s $1.1 bn copper project in Gujarat to start operations from Mar 2024

Posted on: July 23, 2023

[ad_1] Billionaire Gautam Adani-led group’s copper-producing factory at Mundra in Gujarat will start operations from March next year, helping cut India’s dependence on imports and aiding energy […]

Adani to sell 90% stake in fin services to Bain Capital for Rs 1,440 cr
Business

Adani to sell 90% stake in fin services to Bain Capital for Rs 1,440 cr

Posted on: July 22, 2023

[ad_1] The Adani group plans to sell 90 per cent stake in its financial services business to private equity firm Bain Capital for Rs 1,440 crore.  […]

G20 energy transition meeting concludes with no joint communique
Business

G20 energy transition meeting concludes with no joint communique

Posted on: July 22, 2023

[ad_1] The Energy Transition ministerial under India’s G20 Presidency concluded with no joint communique. In addition to other significant tracks such as finance and agriculture, now energy […]

ICICI Bank Q1 net up 40% to Rs 9,648 cr on higher income, loan growth
Business

ICICI Bank Q1 net up 40% to Rs 9,648 cr on higher income, loan growth

Posted on: July 22, 2023

[ad_1] ICICI Bank, India’s second-largest private lender, reported a 39.7% increase in April-June net profit on Saturday, helped by higher interest income and loan growth. Standalone […]

Paytm to generate free cash flow by year end, says CEO Vijay Shekhar
Business

Paytm to generate free cash flow by year end, says CEO Vijay Shekhar

Posted on: July 22, 2023

[ad_1] Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official […]

YES Bank’s net profit rises 10.3% in Q1, NII grows 8.1% to Rs 2,000 cr
Business

YES Bank’s net profit rises 10.3% in Q1, NII grows 8.1% to Rs 2,000 cr

Posted on: July 22, 2023

[ad_1] YES Bank reported a smaller-than-expected increase in quarterly net profit on Saturday as it kept aside more money for bad loans, denting the impact of higher […]

Go First receive claims worth $2.9 billion from creditors: Reports
Business

Go First receive claims worth $2.9 billion from creditors: Reports

Posted on: July 22, 2023

[ad_1] Go Airlines (India) Ltd has received claims worth 240 billion rupees ($2.9 billion) from operational and financial creditors so far as part of the carrier’s ongoing […]

Loss narrows to Rs 358.4 crore, revenue jumps 39.4%
Business

Loss narrows to Rs 358.4 crore, revenue jumps 39.4%

Posted on: July 21, 2023

[ad_1] Fintech firm One97 Communications, which operates under the Paytm brand, on Friday reported narrowing of loss to Rs 358.4 crore. The company had posted a […]

Vedanta Ltd Q1 net profit falls over 40% to Rs 3,308 cr on lower income
Business

Vedanta Ltd Q1 net profit falls over 40% to Rs 3,308 cr on lower income

Posted on: July 21, 2023

[ad_1] Vedanta Ltd on Friday reported a 40.84 per cent fall in its consolidated net profit to Rs 3,308 crore in the April-June quarter, dragged by lower […]

Net profit declines 11% to Rs 16,011 cr on weak O2C biz
Business

Net profit declines 11% to Rs 16,011 cr on weak O2C biz

Posted on: July 21, 2023

[ad_1] Mukesh Ambani-led Reliance Industries (RIL), on Friday, reported a net profit of Rs 16,011 crore for the quarter ended June (Q1FY24). This was down nearly 11 per […]

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