Searched for
OFFSHORE SUBSIDIARIES
RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
Saudi Aramco helicopter crash in Ras Tanura kills 14, probe underwaySaudi Aramco helicopter crash: Tragedy struck Aramco as a helicopter crash in Ras Tanura claimed 14 lives, with the cause under investigati...
RBI eases forex exposure rules, giving banks more room to tradeThe Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and...
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...
HDFC Bank prices $750 mln bond in largest offshore deal by lenders since 2023, say bankersHDFC Bank has successfully raised $750 million through dollar bonds. This move capitalizes on the Reserve Bank of India's subsidized hedgin...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
US says BYD, Baidu and Alibaba are aiding China's militaryAmerica has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are i...
US says BYD, Baidu and Alibaba and other tech giants are aiding China's militaryThe U.S. has updated its list of Chinese companies aiding Beijing's military, adding tech giants like Alibaba and Baidu, alongside chipmake...
Lenskart shares in focus after Viridian completes stake transfer from Copthall MauritiusHong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart Solutions for Rs 96 crore. This foll...
Adani Ports bags 10-year contract for Argentina’s first LNG export projectAdani Ports has secured a significant 10-year contract for Argentina's first liquefied natural gas export project. This deal, worth an esti...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27% in 1 yearAfter the correction, the street will reach a stage where, if a company delivers numbers, there will be enough money waiting to move into t...
Japan’s Development Bank invests in Indian real estate through HDFC Capital fundJapan's Development Bank of Japan Inc. has entered India's residential property market. It committed capital to HDFC Capital's affordable a...
ONGC shares fall 4% despite 46% YoY jump in Q4 profit; revenue rises 4%ONGC shares fell as much as 4% on Wednesday despite the state-run explorer reporting a 46% YoY rise in consolidated Q4 net profit to Rs 10,...
ONGC Q4 Results: Cons PAT jumps 46% YoY to Rs 10,820 crore, revenue up 4%Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10,820 crore for the March-ended qua...
After Mumbai High, ONGC brings in BP in other western offshore oil, gas fieldsIn a strategic alliance, ONGC has teamed up with BP to enhance the extraction of oil and gas from its aging offshore fields in the west. Th...
Market will be volatile, look for an alternative solution: 5 large-caps from different sectors with upside potential of up to 30%A fall in crude oil prices can trigger a relief rally, which in fact it did in early trade on Thursday. But there is another reality as wel...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
GCCs in India: The story so farIndia's global capability center landscape is booming, serving as a catalyst for technological and service-driven growth. While discussions...
Italy's Fincantieri eyes India tie-ups for naval platformsItalian warship maker Fincantieri eyes major collaboration with India. The company sees potential in combining India's manufacturing skills...
- Gammon to bring in strategic investor for European offshore subsidiary
Gammon India is looking to bring in strategic investors in its European offshore subsidiary, Gammon Holding BV, to expand its power busines...