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Adani Group returns to loan market as investor confidence improves
Business

Adani Group returns to loan market as investor confidence improves

Posted on: July 28, 2023

[ad_1] By Harry Suhartono   Billionaire Gautam Adani’s conglomerate is returning to the loan market to potentially raise more than $1 billion, the latest sign it’s […]

Adani group lenders may offer $750 million loan for Ambuja debt
Business

Adani group lenders may offer $750 million loan for Ambuja debt

Posted on: July 28, 2023

[ad_1] Barclays, Deutsche Bank AG and Standard Chartered are in talks to lend between $600 million and $750 million collectively to the  Adani group, as part […]

Stock Market LIVE: US, Asia-Pacific indices subdued; Brent at $83/bbl
Business

Stock Market LIVE: US, Asia-Pacific indices subdued; Brent at $83/bbl

Posted on: July 28, 2023

[ad_1] Stock market live updates: At 6:40 am, the Gift Nifty quoted 19,796 levels, down 15-odd points [ad_2] Source link

FinMin flags concentration risk at 5 PSBs
Business

FinMin flags concentration risk at 5 PSBs

Posted on: July 27, 2023

[ad_1] The finance ministry has cautioned five of the 12 public sector banks (PSBs) about the risk of credit concentration and asked them to ensure a well-diversified […]

Semiconductor PLI to help India do in 10 yrs what China did in 30: IT min
Business

Semiconductor PLI to help India do in 10 yrs what China did in 30: IT min

Posted on: July 27, 2023

[ad_1] India is on track to becoming a key player in the global semiconductor supply chain in the next decade with $ 10 billion of incentives and […]

Demerged hotels biz will have a strong balance sheet: ITC chairman
Business

Demerged hotels biz will have a strong balance sheet: ITC chairman

Posted on: July 27, 2023

[ad_1] Chairman and managing director of ITC Limited Sanjiv Puri on Thursday said that the proposed demerged hotels business will have a strong balance sheet and also […]

Net profit jumps 105% YoY to Rs 466 cr, revenue up 16%
Business

Net profit jumps 105% YoY to Rs 466 cr, revenue up 16%

Posted on: July 27, 2023

[ad_1] Cement-maker ACC Ltd on Thursday reported a 105 per cent jump in its consolidated net profit in the quarter that ended on June 30 at Rs […]

Net profit jumps 46%, revenue up 14%
Business

Net profit jumps 46%, revenue up 14%

Posted on: July 27, 2023

[ad_1] Illustration: Ajay Mohanty Bajaj Holdings and Investment Ltd, on Thursday, reported a 46 per cent jump in its net profit in the quarter ended June to […]

Obscure traders ship half of Russia’s oil to India, China after sanctions
Business

Obscure traders ship half of Russia’s oil to India, China after sanctions

Posted on: July 27, 2023

[ad_1] A Liberian-flagged oil tanker set sail in May from Russia’s Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before […]

India can’t lead the global south and not feed it
Business

India can’t lead the global south and not feed it

Posted on: July 27, 2023

[ad_1] By Mihir Sharma   Global food markets have been thrown into chaos yet again — not only because of Russia’s decision to pull out of […]

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