[ad_1] JSW Steel on Wednesday said it has emerged as the preferred bidder for the Jaisinghpura North Block iron ore mine in Karnataka. JSW Steel has […]
India Ratings downgrades Vedanta’s long term rating from ‘AA’ to ‘AA-‘
[ad_1] India Ratings and Research (Ind-Ra) has downgraded Vedanta Ltd’s (VDL), controlled by Anil Agarwal, Long-Term Issuer Rating from “AA” to “AA-” due to heightened liquidity risk […]
JSW Steel, ArcelorMittal in race to buy Vedanta mines, steel assets
[ad_1] JSW Steel, ArcelorMittal, along with several private equity funds, have expressed interest in acquiring the iron ore mines and steel plant currently under the ownership of […]
L&T’s hydrocarbon arm bags order for gas compression plants in Middle East
[ad_1] Larsen & Toubro (L&T) announced on Wednesday that its Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) has secured a letter of intent for a mega onshore project […]
Thomson to enter domestic laptop segment, considers export in global mkts
[ad_1] Consumer electronics major Thomson will enter the laptop market in India in the next two quarters and is also considering to export smart TVs and other […]
Net profit up 8.7%; buyback worth Rs 17,000 cr announced
[ad_1] IT major Tata Consultancy Services (TCS)’s net profit rose to Rs 11,342 crore in the second quarter of current financial year (Q2FY24), from Rs 10,431 crore […]
Cabinet approves royalty rates for mining of Lithium, 2 other minerals
[ad_1] India set royalty rates on Wednesday for the mining of three critical minerals, including lithium, that are key to its clean energy ambitions. The […]
China’s CLSA ups India exposure on supportive macroeconomic outlook
[ad_1] CLSA has increased its India allocations citing a supportive macro outlook. The brokerage owned by China’s CITIC Securities has assigned a weightage of 18.2 per cent […]
Neobank Zolve raises $100mn in debt facility to offer credit products
[ad_1] Zolve, an international neo-banking company, said on Wednesday it has got a debt facility of up to $100 million from Community Investment Management (CIM). Zolve, […]
Reliance Retail to open luxury stores under ‘Swadesh’ brand globally
[ad_1] Reliance Retail is preparing to launch a chain of luxury stores for ethnic handicrafts under its Swadesh brand, both in India and internationally, according to a […]