Reliance, Disney to sign off on India media merger next week Ambani’s retail-to-refining conglomerate will infuse money to hold at least 51% of the merged entity if the deal goes through,… By BloombergDecember 13, 2023 10:13 IST
India’s refined copper demand to grow by 11% in FY24 on govt’s infra development plans, transition to renewable energy The price of copper is expected to remain range-bound at current levels of ~8200-8300/tonne in the near term and it… By FE BusinessDecember 13, 2023 09:42 IST
Reliance hikes investment in Mercury Holdings to Rs 418 crore This is against the earlier plan to invest Rs 378 crore. By Rajesh KurupDecember 13, 2023 07:02 IST
Poonawalla set to buy London mansion for Rupees 1446 crore SII CEO Adar Poonawalla has reportedly reached a deal to buy a 25,000-square-foot mansion in London’s Mayfair for 138 million… By Raghavendra KamathDecember 13, 2023 04:40 IST
Adani Ports gets board nod to raise up to Rs 5,250 crore via NCDs The company intends to use the funds for capex, refinancing of its existing debt and general corporate purposes, APSEZ said… By Rajesh KurupDecember 13, 2023 04:05 IST
Adani Group to invest $100 billion in ESG over 10 years The group’s portfolio businesses are sourcing renewables, electrifying operations, adopting biofuels and deploying waste heat recovery and energy storage technologies. By Rajesh KurupDecember 13, 2023 02:30 IST
Cyber security and product diversification to be the deciding factors for online brokers, Upstox Chairman Upstox has also launched Long-term and Fixed Income investment options like Treasury Bills, Government Bonds, and State Development Loans. By Abhinay KumarDecember 13, 2023 00:30 IST
Adani Ports to raise Rs 5,250 crore The billionaire Gautam Adani-owned company recorded strong cargo volumes of around 36 MMT (million metric tonne). By PTIDecember 12, 2023 20:49 IST
World Travel & Tourism Council, India Initiative appoints Deep Kalra as chairperson, Dr Jyotsna Suri as vice chairperson for 2024-25 WTTCII has appointed Deep Kalra as its chairperson and Dr Jyotsna Suri as vice chairperson for 2024-25. Deep Kalra takes… By FE BusinessDecember 12, 2023 17:33 IST
SpiceJet reduces Q2FY24 loss to Rs 449.43 crore against Rs 833.23 crore in Q2FY23, posts strong performance in passenger biz SpiceJet recorded revenue from operations at Rs 1347.52 crore, down 29 per cent as against Rs 1897.90 crore during the… By Tanya KrishnaDecember 12, 2023 16:49 IST
SpiceJet board approves raising of capital worth Rs 2,250 crore through issues of equity shares, warrants In a unanimous decision, the Board considered and approved issuance of equity shares/equity warrants under private placement basis, subject to… By FE BusinessDecember 12, 2023 16:06 IST
Coal India’s April-November capex at Rs 10,492 crore, up 7.6% on-year; aims to achieve 80% of FY24 capex by December “We are striving to achieve around 80 per cent of the current financial year’s total targeted capex of Rs 16,500… By FE BusinessDecember 12, 2023 13:39 IST
Mitsubishi Electric inaugurates new manufacturing plant worth Rs 2.2 billion in Maharashtra The overall manufacturing facility, Mitsubishi Electric India said, measures 40,000 sq.m, initially built up to 15,400 sq.m, backed by a… By FE BusinessDecember 12, 2023 12:24 IST
Hindalco to set up battery foil manufacturing facility in Odisha to tap EV market, will invest Rs 800 crore Hindalco is investing Rs 800 crore to build a new plant near Sambalpur in Odisha that will initially produce 25,000… By FE BusinessDecember 12, 2023 11:59 IST
GRM Overseas sells its stake in GRM Foodkraft to venture capital fund, Sauce.vc GRM Overseas Ltd has sold more than 3 per cent stake in GRM Foodkraft Pvt Ltd (Foodkraft), a subsidiary of… By FE BusinessDecember 12, 2023 11:24 IST
Unicorns – Emerging issues for sustainability As per Invest India, India was home to 111 unicorns with a total valuation of around 350 billion US dollars,… By GuestDecember 12, 2023 10:57 IST
Adani contractor probed by India resurfaces under a new name PMC Projects and Howe are both owned by an entity registered in Mauritius, which is in turn owned by Taiwanese… By BloombergDecember 12, 2023 10:10 IST
Hinduja’s stake transfer plan hits Irdai roadblock! Regulator objects, calls application ‘premature’ 25% from RCap to a group firm By Rajesh KurupDecember 12, 2023 06:30 IST
11 Photos Annapolis Maryland shooting: Gunman kills 5 in one of the deadliest attacks on US media; see pics 7 years ago
12 Photos Cars buried, water-logging at several places as heavy showers lash maximum city; see Mumbai rain photos 7 years ago
