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En route to D-Street: NSE files draft papers with SebiThe National Stock Exchange has filed its draft prospectus with Sebi, moving closer to its long-awaited Initial Public Offering. The IPO is...
Bank credit grows 17.4% in May as rising yields push companies to loansBank loans are seeing a surge. Credit growth reached 17.4 percent by May 31, the highest in almost two years. This rise is driven by compan...
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...
PIL in Supreme Court alleges Rs 1,500 cr banking fraud, seeks court-monitored probeA PIL has been filed in the Supreme Court. It seeks a court-monitored investigation into alleged banking frauds. The case involves asset re...
Avaada secures $950 million from global, domestic BanksAvaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project...
Suzlon Group appoints Ashok Ramachandran as President, India BusinessSuzlon Group has appointed Ashok Ramchandran as President, India Business on Monday. He brings over two decades of global leadership experi...
Avaada Group secures $950 million financing from consortium of global and domestic banksAvaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it...
OPL in talks to sell stake to AvenuesAI, eyes AI-powered credit revolutionOnline PSB Loans (OPL) is in advanced talks to bring AvenuesAI on board as a minority stakeholder, with AvenuesAI planning to acquire a 7% ...
AkzoNobel rejects €12.5 billion Nippon Paint, Sherwin-Williams takeover offerDulux paint maker AkzoNobel has rejected a massive takeover offer. Rivals Nippon Paint and Sherwin-Williams proposed a €12.5 billion deal. ...
SBI-led banks seek bids for Essar Group promoter guaranteesThe reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capi...
IRFC to raise ECB loan worth $2 billion to finance large infra projectsIndian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in J...
Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...
Blackstone pledges entire Mphasis stake to refinance loanSingapore-based promoter entity BCP Topco IX Pvt Ltd, a Blackstone subsidiary, has pledged its holding to refinance its existing loan, with...
French consortium to bid for EU's AI datacentre fundA French consortium named AION plans to build a massive data centre costing ten billion euros. This initiative aims to enhance Europe's art...
Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages sayVodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. Whi...
'Worst behind us, Vodafone Idea starting FY27 with a clear plan', says executiveVodafone Idea is gearing up for a transformative leap in capital investments, set to kick off in the first quarter of FY27. With a bold vis...
SBI Ventures to manage Rs 20,000 crore Maritime FundSBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...
NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
Global investors Temasek, Alpha Wave Global eye $1.3 bn investment in Adani AirportsAdani Airports: In all, four investors are expected to join the consortium seeking a stake in India's largest private airport operator, bet...
Voda Idea may consider raising fresh funds to bolster its booksVodafone Idea's board will meet on May 16 to discuss a significant fundraising plan, aiming to secure fresh capital through equity and warr...