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Hudco mulls $1 billion foreign debt under RBI forex swap facilityHudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India's concessional forex swap...- Telcos, businesses spar over calls, SMS consent regimeTelecom firms and banks are locked in a dispute over India's new digital consent rules for commercial messages. Major operators like Bharti...
- Quote of the Day by H.P. Lovecraft: 'The most merciful thing in the world is the inability of the human mind to…' - The Call of Cthulhu author reveals why not knowing everything keeps us saneQuote of the Day by H.P. Lovecraft is on the merciful inability of the human mind to know everything offers a strange comfort. This perspec...
- Vedanta listing: Why its aluminium business is the undisputed crown jewel of the mega 4-way demergerFour demerged entities of Anil Agarwal-led Vedanta Group are set to begin trading on Monday, with Vedanta Aluminium Metal Ltd (VAML) expect...
- Saudi Arabia to require Premium Residency holders to obtain dedicated work permitsSaudi Arabia's Premium Residency holders must now secure a dedicated work permit via the Qiwa digital platform, costing SR100. This new req...
- On astro turfIn an unexpected twist, a tech startup leveraged astrology for football analytics but ultimately faced a red card. In a surprising move, ri...
- Vedanta demerger: Which demerged stock should you buy after their market debut on June 15?Vedanta's mega demerger sees four new companies listing on June 15. Analysts suggest Vedanta Aluminium Metal as a strong buy due to capacit...
- 4 demerged units of Vedanta to make D-Street debut on MondayOn Monday, Anil Agarwal's diversified commodities empire takes a bold step as four of its companies make their debut listings. This strateg...
- Stocks in news: Lenskart, GNG Electronics, Vedanta, Infosys, RILMarkets closed lower on weekly expiry day amid weak global cues, with selling pressure on every rise. Block deals in GNG Electronics and Le...
- Vedanta demerger: Four spin-off companies list on exchanges on June 15Vedanta’s four demerged businesses will begin trading on June 15, completing a major corporate restructuring. The listings will enable mark...
- Cantor V founder and Indian-origin California businessman Mahender Makhijani accused in $100 million fraud; sex party and blackmail claims surfaceIndian-origin businessman and founder of Cantor V Group, Mahender Makhijani, is facing a $100 million fraud investigation in California. Pr...
- RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
- RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
- Promoter sells Rs 1,024 crore worth of Ajanta Pharma shares in block deal to Kotak MF and ABSL MFA promoter entity of Ajanta Pharma sold shares worth over Rs 1,024 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya B...
- Govt publishes rules for setting up of coal exchangesIndia's government has published new rules for coal exchanges. This move aims to make coal trading more transparent and efficient. Coal pro...
- Adani Energy Solutions to acquire IntelliSmart for Rs 3,050 crore, to become India's largest smart metering platformAdani Energy Solutions Limited is acquiring IntelliSmart Infrastructure Private Limited for Rs 3,050 crore. This deal will create India's l...
- Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel USSachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Gr...
- Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stakeTwo promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with H...
- Govt to tap AI for mapping supply chains and investment clustersIndia's upcoming Statistical Business Register (SBR) will leverage AI and analytics to map supply chains, identify investment clusters, and...
- Vedanta demerger: How will the mega restructuring impact dividend payouts for shareholders?Vedanta has completed a major demerger, splitting into four new companies. Investors are now assessing how this restructuring will affect t...
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