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    1. Business News
    2. Authors
    3. rajesh kurup

    Rajesh Kurup

    debt, rupee
    Debt-to-ebitda at a decadal low: Leverage falls at top firms

    Of course, the total borrowings of these companies went up to Rs 26.23 trillion last year, a rise of just…

    By Rajesh Kurup
    May 21, 2024 06:15 IST
    JSW Steel, capex, JSW Vijayanagar Metallics, capital expenditure
    JSW Steel plans Rs 20,000 crore capex for FY25, says CEO

    The company had a capex spend of Rs 17,000 crore last year.

    By Rajesh Kurup
    May 20, 2024 02:30 IST
    Adani building team for retail, hospitality foray
    Adani building team for retail, hospitality foray

    The group operates airports in Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram.

    By Raghavendra Kamath
    May 20, 2024 02:00 IST
    JSW Steel’s board also recommended a dividend of Rs 7.30 per share for FY24, entailing a total outflow of Rs 1785 crore.
    JSW Steel net profit falls 64.5% to Rs 1,299 crore

    The firm’s Ebitda fell 22.9% to Rs 6,124 crore from Rs 7,939 crore earlier.

    By Rajesh Kurup
    May 18, 2024 03:30 IST
    Vedanta,
    Vedanta gets nod to raise up to Rs 8,500 cr

    Declares interim dividend of Rs 11/share

    By Rajesh Kurup
    May 17, 2024 03:00 IST
    Cipla shares
    Cipla’s promoters offload 2.53% stake through a block deal worth Rs 2,750 crore  

    The promoters – Shirin Hamied, Samina Hamied, Rumana Hamied and Okasa Pharma – offloaded 20.45 million shares through the block…

    By Rajesh Kurup
    Updated: May 16, 2024 07:12 IST
    hindujas, iihl, hindujas group, industry
    Hindujas seek more time to pay lenders; original deadline ends on May 27

    Last week, Ashok P Hinduja had said that IIHL tied up the funds needed for the deal — of which…

    By Rajesh Kurup
    May 16, 2024 03:15 IST
    jindal, jindal steel, Jindal Stainless, industry
    Jindal Stainless Q4 profit falls 30% on high nickel prices

    A consensus Bloomberg estimate was expecting a net profit of Rs 578 crore, on revenue of Rs 9,605 crore and…

    By Rajesh Kurup
    May 16, 2024 00:20 IST
    Cipla
    Promoters may offload 2.53% Cipla stake worth Rs 2,637 crore

    The promoters — Shirin Hamied, Samina Hamied, Rumana Hamied and Okasa Pharma — would be offloading about 20.45 million shares,…

    By Rajesh Kurup
    May 15, 2024 14:25 IST
    Vedanta
    Vedanta plans to raise funds via various modes

    To seek board nod for 1st FY25 interim dividend in tomorrow’s meeting

    By Rajesh Kurup
    May 15, 2024 09:29 IST
    ipo
    Hindalco arm Novelis files IPO papers with SEC

    Following the IPO, Novelis would list its common shares on the New York Stock Exchange under the ticker symbol ‘NVL’,…

    By Rajesh Kurup
    May 15, 2024 01:40 IST
    Dabur, Dabur Q2 results, quarter earnings, profit, revenue, EBITDA, sales, dividend, consumer demand, FMCG, acquisition
    Burmans should either execute open offer or sell stake: Saluja

    In September 2023, Burmans made an open offer to acquire an additional 26% stake in REL through four entities.

    By Rajesh Kurup
    May 13, 2024 06:30 IST
    The insurance companies would now be transferred to IIHL, which had earlier received approvals from Securities and Exchange Board of India, Reserve Bank of India and the Competition Commission of India.
    Hindujas get IRDAI approval for RCap deal

    However, IndusInd International Holdings (IIHL), a group firm through which the Hinduja Group had placed bids for RCap, now requires…

    By Rajesh Kurup
    May 12, 2024 06:30 IST
    cement industry,
    Cement sector may register moderate demand in FY25

    “We will be exiting FY25 with capacity of almost 86 million tonne. In FY26, we should achieve 100, 120 in…

    By Rajesh Kurup
    May 11, 2024 01:40 IST
    SBI
    Banks to pass on higher project finance provisions

    Corporates say that the draft guidelines, if implemented, could lead to some short term impact on funding

    By Piyush Shukla
    May 10, 2024 06:05 IST
    L&T, Larsen and Toubro, renewable energy, Renewable EPC, business vertical, power transmission business, Infrastructure, solar generation, fossil fuel, solar installation
    L&T sees order book position rising by Rs 1 trillion more in FY25

    Also looking to acquire startups for semiconductor biz.

    By Rajesh Kurup
    May 9, 2024 22:47 IST
    Larsen & Toubro
    L&T net profit rises 10.2% jump, declares dividend at Rs 28 a share

    During the reporting quarter, L&T’s consolidated revenue from operations rose 15% to Rs 67,078.68 crore from Rs 58,335.15 crore recorded…

    By Rajesh Kurup
    May 8, 2024 23:05 IST
    IIHL, hinduja group, industry, industry news
    Hinduja Group seeks change in RCap deal structure

    Send proposal to RBI to add four new firms in the structure to streamline the takeover process

    By Rajesh Kurup
    May 8, 2024 05:55 IST
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    It’s the year(end) of the dragon for travel sector

    Shah Rukh Khan’s ‘King’ set to be India’s biggest action film, made on a Rs 350 crore budget

    Shah Rukh Khan’s ‘King’ set to be India’s biggest action film, made on a Rs 350 crore budget: Report

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