Page 158 of industry

hindustan zinc, hzl, CreditSights, industry

HZL’s demerger plans would not get requisite shareholder votes: CreditSights

On March 12, government officials told FE that the centre had opposed HZL’s demerger plans as it would lead to…

March 15, 2024 04:00 IST

wns, hyderabad, AstraZeneca, shipping and logistics, healthcare, banking and financial services and insurance, industry

WNS opens new delivery centre in Hyderabad, AstraZeneca GCC to up headcount by 30% at Chennai

As a part of WNS’ global delivery network, the centre will focus on building and delivering industry-led digital solutions across…

March 15, 2024 02:15 IST

IndiGrid bags battery energy storage project in Gujarat

The letter of intent (LoI) for the project has been awarded by Gujarat Urja Vikas Nigam Limited (GUVNL), the InvIT…

March 14, 2024 22:11 IST

Avaana Capital receives $120 million Capital’s Climate and Sustainability Fund from GCF

GCF also provides financial resources for climate change adaptation and mitigation efforts

March 14, 2024 20:23 IST

Vedanta’s plan to demerge businesses may face hurdles from shareholders, creditors: Report

On September 29, the mining conglomerate announced plans to demerge five of its key businesses, including aluminium, oil and gas,…

March 14, 2024 16:40 IST

zepto, quick commerce, zepto delivery, blinkit, platform fees

Zepto levies Rs 2 platform fee, first quick commerce firm to do so

A platform fee isn’t the only additional charge Zepto is levying on customers. It is also collecting late night handling…

March 14, 2024 06:00 IST

power sector, power companies, coal, coal power, industry

Power sector see no summer outages, with enough coal stocks

The electricity demand growth is expected to grow at an average of 6-7% in the upcoming fiscal 2024-25. Increased capacity…

March 14, 2024 03:00 IST

FMCG, sustainability, climate change, regulatory pressures, consumer demand, sustainable energy sources, compost machines, solar panel installations, Water Conservation, Rainwater Harvesting

Biscuits, cookies, chocolates: FMCG household consumption presents mixed picture

The trend has continued into calendar year 2024, the market researcher says, as consumers seem to be spending on what…

March 14, 2024 02:30 IST

law, law commission, trade secret law, Protection of Trade Secrets law, industry

Law Commission recommends robust trade secret law

Under the proposed Protection of Trade Secrets law the holder of trade secret shall be entitled to institute proceedings under…

March 14, 2024 01:00 IST

leo puri, apax partners, pe firm, investment firm, apax partners india

Apax Partners hires Leo Puri as chairman of India arm

Puri will partner with Anurag Sud, head of Apax India and the ten-member India investment team, providing mentorship, strategic advice,…

March 14, 2024 00:05 IST

vedanta, cairn india, cairn india limited, industry, sebi

Vedanta to appeal against Sebi order, says Cairn gave up right to interest

Vedanta had in 2011 bought Cairn Energy’s majority stake in its Indian arm, Cairn India Ltd. Cairn continued to hold…

Updated: March 13, 2024 22:07 IST

L&T Finance inks $125 million pact with Japan International Cooperation Agency

L&T Finance will deploy the funds to support financing in rural areas and also for women borrowers by funding livelihoods…

March 13, 2024 18:14 IST

Suzlon Group, Oyster Green Hybrid One Private Ltd, order, wind turbines, wind energy, renewable energy, green power, cost of energy

BluPine Energy secures Rs 1,260 cr loan for wind project in Gujarat

The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Ltd (GUVNL) under a Power Purchase…

March 13, 2024 16:57 IST

Telecom firms, industry, telecom industry, financial express

Telcos’ FY23 AGR up 14% to Rs 2.5 trillion

The growth can be attributed to upgrades by consumers, higher data consumption, traction for postpaid, and international roaming, which in…

March 13, 2024 04:45 IST

industry news, financial express news, airfares, hotel fares

Airfares, hotel rates soar for long weekends

Travellers seek to make the most of Good Friday and Holi breaks

March 13, 2024 02:00 IST

Vodafone Idea, spectrum, spectrum auction, Vodafone Idea news

Ahead of auctions, Vodafone Idea surrenders spectrum in two circles

In the absence of timely auction, the government had last month approved interim allocation of spectrum to telcos for renewing…

Updated: March 13, 2024 16:01 IST

India Inc’s February deals see 1% fall in volume, 77% less value

Mizuho Bank’s investment in Kisetsu Saison India was the top deal of the month, which contributed nearly 21% to the…

March 13, 2024 00:35 IST

State-run coal firms target 9 GW RE capacity by 2030

The move is expected to give a significant push to the nation’s plan increase the share of non-fossil fuels in…

March 13, 2024 00:10 IST

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Asian Paints Q2 FY26 results: Profit jumps 48% to Rs 1018 crore, revenue at Rs 8,513 crore

Business1 hr ago

Asian Paints, the largest paintmaker in India, saw a significant 46.79% YoY profit growth in Q2 FY26, with a consolidated net profit of Rs 1,018 crore. The company also reported a 6.3% YoY revenue growth, reaching Rs 8,513 crore. Despite challenges posed by the monsoon, the domestic decorative business showed a double-digit volume growth of 10.9% and a 6% increase in value. This

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