[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 […]
Vedanta starts demerger process with incorporation of base metal subsidiary
[ad_1] Vedanta Ltd on Wednesday announced that it has incorporated its wholly-owned base metal subsidiary Vedanta Base Metals Ltd. The incorporation has been done to implement the […]
Insurtech player InsuranceDekho raises $60 mn in Series B funding round
[ad_1] InsuranceDekho, India’s leading insurtech player, has raised $60 million in its ongoing Series B funding round, marking a significant milestone for the company. With this latest […]