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Bain to buy 90% stake in Adani Capital and Adani Housing for Rs 1,600 cr
Business

Bain to buy 90% stake in Adani Capital and Adani Housing for Rs 1,600 cr

Posted on: July 23, 2023

[ad_1] The Adani group has exited the financial services business by selling its entire 90 per cent stake in Adani Capital and Adani Housing to private equity […]

Reliance Retail revamping Trends stores with new-age, tech-enabled features
Business

Reliance Retail revamping Trends stores with new-age, tech-enabled features

Posted on: July 23, 2023

[ad_1] Reliance Retail said it is revamping Trends fashion stores across the county by adding contemporary and tech-enabled features ranging from self-checkout counters to electronic shelf labels […]

US Fed rate decision, June qtr earnings to drive markets this wk: Analysts
Business

US Fed rate decision, June qtr earnings to drive markets this wk: Analysts

Posted on: July 23, 2023

[ad_1] The US Fed interest rate decision and ongoing quarterly earnings from corporates are the major factors to drive the equity markets this week, where the benchmark […]

M-cap of 5 of top-10 valued firms at Rs 4.23 trn with major share from HDFC
Business

M-cap of 5 of top-10 valued firms at Rs 4.23 trn with major share from HDFC

Posted on: July 23, 2023

[ad_1] Five of the top-10 most valued firms together added Rs 4,23,014.4 crore in market valuation last week, with major contributions coming in from HDFC Bank, which […]

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 […]

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