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This capital infusion by SBI will support JSW Cement’s capacity expansion from current 14 MTPA to 25 MTPA → Read More
Payments banks are driven primarily by mobile technology and can ease the account opening process by making it technology-based and paperless. → Read More
RIL has formed a partnership with Assets Care and Reconstruction Enterprises Ltd to bid for Sintex as part of the bankruptcy resolution process → Read More
Future Retail's lenders will meet soon to take stock of the company’s repayment plans after a 19-month moratorium ended on Thursday, although a decision on referring the retailer to a bankruptcy tribunal would be taken later in case of a default, a banker said → Read More
More than 400 of the corporate CSR initiatives to combat the second wave of infections were aimed at procuring medical supplies, ventilators, and safety gear like PPE kits → Read More
AG&P City Gas is a Singapore-based company that is developing twelve city gas distribution networks or concessions in India under the brand name AG&P Pratham → Read More
The company will use the funds to expand its city gas distribution network in India → Read More
Reliance commits ₹75,000 cr to develop giga factories, futuristic tech.Yasir Al-Rumayyan, Aramco chairman and governor of Saudi Arabia’s PIF, will join RIL board as a director, Ambani said → Read More
The short-listed startups will get opportunities within the group to implement and demonstrate business impact and opening up revenues to win commercial orders for a potential global rollout → Read More
An international investor consortium, including Washington based energy sector investor EIG and UAE soverign wealth fund Mubadala Investment Co., has acquired a 49% stake in Aramco Oil Pipelines Co., a unit of Saudi Aramco, the national oil company of Saudi Arabia → Read More
Private investment is beginning to happen in some of the sectors with steel makers planning around ₹50,000-60,000 crore investments over the next three years..CII also urged the Reserve Bank of India to expand its balance sheet to meet the demand exigencies of the pandemic. → Read More
The donations will be equitably distributed to three NGOs: Apnalya (a Mumbai-based NGO working with the urban poor), Helpage India, and UNICEF India → Read More
Crisil says the announcement by the government to advance the ethanol-petrol blending target of 20% by two years to 2023, could help sustain the momentum in improvement of operating profitability over the medium term → Read More
The resultant improvement in cash flows will support the credit profiles of bicycle manufacturers, which account for 60% of industry volume → Read More
BPCL reported an over four-fold jump in its January-March net profit to Rs11,940 crore against Rs2,777 crore in the previous quarter. In the year-ago period, the company had reported a net loss of Rs1,361 crore → Read More
A majority of the workforce may stay in villages for now, say companies → Read More
Prashant V., 42, a senior executive with an infrastructure services company in Mumbai, has been spending at least 30 minutes a day on the CoWin portal → Read More
The firms have signed a memorandum of understanding to conduct a feasibility study to establish a manufacturing and sales joint-venture company in India → Read More
The company has set a target for the first set of facilities to be ready and commissioned within 14 days and balance facilities will be augmented within 30 days → Read More
The acquisition will add to Reliance Industries Ltd's consumer and hospitality assets, according to a regulatory filing → Read More