Banks can absorb expected credit loss regime impact: India Ratings Under the expected credit loss (ECL) framework, the provisioning will be higher for micro, small, and medium-sized enterprises (MSMEs) and… By Ajay RamanathanMarch 2, 2023 01:15 IST
Tata Power’s renewable arm gets second tranche of Rs 2,000 cr from GreenForest The completion of this equity infusion will fund TPREL’s aggressive growth plans. Over the next five years, it aims to… By Rajesh KurupUpdated: March 2, 2023 03:17 IST
Sequoia’s Surge selects 12 startups for its eighth cohort Surge 08 founders are building next-gen products and businesses that have the potential to revolutionise their sectors over the next… By Tushar GoenkaMarch 2, 2023 00:25 IST
Adani-Hindenburg row: Supreme Court to pronounce order on expert panel tomorrow While reserving its order, the top court on February 17 had refused to accept in a sealed cover the Centre’s… By PTIUpdated: March 1, 2023 22:23 IST
Coal India production up 14 per cent till Feb, on track to surpass 700mn target for FY’23 This is also a 100 per cent achievement against the progressive target, and with a gain of 77.3 million tonnes,… By PTIMarch 1, 2023 20:09 IST
Akasa Air to buy more than 100 aircraft, to place ‘large order in three digits’ by year-end, says CEO Akasa Air, in which late investor Rakesh Jhunjhunwala held 46% equity stake, is all set to place an order for… By Tanya KrishnaMarch 1, 2023 16:47 IST
Startups in India betting on womenpower Despite remaining a minority demographic in business ventures, there’s growth year after year in women-led enterprises. By Archie BandyopadhyayMarch 1, 2023 16:22 IST
Investment Banker Rajat Tiwari to speak at the World Finance Summit in UAE 2023 Rajat Tiwari will address the summit on the current financial trends and investment opportunities in the Middle East region. By FE BusinessUpdated: March 11, 2023 00:09 IST
Domestic airlines industry expected to fly back into profitability next fiscal: Crisil Strong recovery in passenger traffic and easing cost pressures are supporting this turnaround in operating performance of airlines, Crisil said. By PTIMarch 1, 2023 15:45 IST
Passenger vehicle sales to surpass pre-pandemic peak to reach 50 lakh units next fiscal The growth in order booking is being driven by pent-up demand and higher incomes and this is being seen especially… By Tanya KrishnaMarch 1, 2023 14:37 IST
S&P affirms BBB- issue rating on Adani International Container The stable outlook reflects that AICTPL will maintain predictable cash flow with fully market-based pricing and volume over the next… By PTIUpdated: March 1, 2023 14:34 IST
Tata Power Renewable gets Rs 2,000 crore infusion from GreenForest Subsequent to this second tranche, TPREL has now received an investment of Rs 4,000 crore. By PTIUpdated: March 1, 2023 14:20 IST
Indian tech sector to grow 8.4 per cent in FY23 to USD 245 billion: Nasscom The sector had revenues of USD 226 billion in FY22, the industry lobby said in its strategic review. By PTIUpdated: March 1, 2023 13:33 IST
India’s electricity consumption grows over 9% to 117.84 billion units in February The robust growth of power consumption indicates sustained momentum of economic activities in February. By PTIMarch 1, 2023 12:51 IST
Mukesh Ambani’s new foray: Reliance Industries enters into commercial real estate, floats unit Reliance Industries Ltd is foraying into the commercial real estate sector with Reliance SOU Ltd. Mukesh Ambani’s company said that… By Tanya KrishnaMarch 1, 2023 11:53 IST
Airtel to raise mobile call, data rates by mid-2023, says Sunil Mittal Bharti Airtel said that it will raise mobile phone call and data rates across all plans by mid-2023, Chairman Sunil… By Tanya KrishnaMarch 1, 2023 11:04 IST
China’s manufacturing factory activity stuns with fastest growth in a decade The manufacturing purchasing managers’ index (PMI) shot up to 52.6 from 50.1 in January, according to the National Bureau of… By ReutersUpdated: March 1, 2023 11:02 IST
Tata Group’s talks over $1 billion Bisleri stake stall over valuation Discussions between Tata and Bisleri could still resume, and other potential suitors may emerge, the people said. Representatives for Tata… By BloombergMarch 1, 2023 10:47 IST
Silver scales new all-time high: Mutual fund houses stop fresh lump-sum investments in silver ETF FOFs — find out why
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