Silver Point, partner Acre declared highest bidder for IVRCL Chengapalli Tollways loans
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The partners offered Rs 624 crore for loans of Rs 804 crore. In addition, the successful bidder must pay Rs 315 crore in deferred premium to the National Highways Authority of India
India is becoming one of the most important markets at Instagram: Adam Mosseri
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Facebook has announced the next phase of its creator education programme in India that will provide creators an opportunity to learn, earn and grow their communities.
Glenmark gets marketing approval for Ryaltris in 13 EU, UK countries
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The company is set to launch Ryaltris directly in the markets of Czech Republic, Slovakia, Poland, and the UK, Glenmark Pharmaceuticals said in a statement.
Facebook bets on creators in India with a new education programme
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Started in 2019 as a physical event, the programme has evolved into a self-paced free e-learning course with various modules that guides creators through the Instagram ecosystem, available creator tools, community guidelines and best practices to build their
India ready to expand economic partnership with US: Piyush Goyal
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While the bilateral trade in goods and services has seen significant growth in the last 10 years, «I do believe that the potential has not even been started,» Piyush Goyal added.
Bajaj Auto to get stake in KTM holding company in share-swap deal
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Bajaj Auto International Holding BV (BAIHBV) has swapped 46.5 percent (out of its about 48 percent) stake in KTMAG, for a 49.9 percent stake in PTW Holding.
India to focus on fiscal consolidation and capital spending: CEA K Subramanian
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India expects to achieve double-digit growth in the current year and economic reforms are likely to push future growth prospects, Krishnamurthy Subramanian, chief economic adviser at the finance ministry, said at a virtual summit of U.S. and Indian industry c
Dollar ascends to fresh 10-1/2-month peak; US debt ceiling impact muted
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The world#39;s largest reserve currency, seen as a safe haven bet at times of market stress, has strengthened in recent days as investors instead focus on fears of a global slowdown, a rise in energy prices and higher US Treasury yields.
Stocks rise modestly on Wall Street a day after rout
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Investors are still closely watching the Federal Reserve to gauge how the slowdown in economic growth will impact the speed of its plan to eventually ease its exceptional support for the economy.
Immunocompromised people may need COVID-19 vaccine booster shots: Experts
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All people may not need a third dose or booster shot against COVID-19. Indiaâs priority remains getting its adult population fully vaccinated with two doses.
Evergrande set to miss second offshore bond coupon payment this month
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The company, which has nearly $20 billion in offshore debt, was due on Wednesday to make a $47.5 million bond interest payment on its 9.5% March 2024 dollar bond.
#39;Pragati#39; is an ICT-based multi-modal platform for pro-active governance and a timely implementation of projects, involving the Centre and the state governments.
Sebi penalises trading member in NSE co-location case
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The Securities and Exchange Board of India (Sebi), had received multiple complaints pertaining to allegations of malpractices with respect to the co-location facility being provided by the National Stock Exchange of India Limited (NSE).
Birla Corp plans to double cement capacity to 30 million tons in 5 years
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Birla Corporation has a current production capacity is 15.6 mt and is expected to go up to almost 20 MTPA by the end of the current fiscal year, when its greenfield 3.9 MTPA plant at Mukutban, near Nagpur, is commissioned.
Silver prices slip near to Rs 60,000/kg on firm dollar, volatility in gold and industrial metals
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Technically, if MCX Silver December continues to trade below Rs 60,300 level we could see the Bearish momentum continue up to Rs 59,900-59,000 levels whereas resistance is at Rs 60,800-61,200 levels, said Iyer.
Introduction of Silver ETFs brings in another investible commodity for investors: Experts
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Like in the case of gold exchange-traded funds, silver ETFs too will pass on the benefits of price efficiency, liquidity and convenience to retail investors, Chirag Mehta, senior fund manager - Alternative investment - at Quantum Mutual Fund, said.
GST levy on annuity payments of BOT-HAM projects to have limited impact on project cash flows: ICRA
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For projects bid between July 1, 2017, and October 13, 2017, NHAI would not reimburse the GST on annuity under the change in law as bids were invited inclusive of GST, it said.
LT plans to demonstrate its capabilities particularly in the hydrocarbon engineering, water effluent treatment and power transmission and distribution businesses.
IndusInd Bank inks gold loan co-lending pact with Indel Money
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This is the first-of-its-kind conventional gold loan co-lending partnership between a gold-loan focused NBFC and a commercial bank, the Kochi firm, known for long-term loans against the yellow metal, said in a statement on Wednesday.
SVP Global Ventures to invest Rs 100 crore to set up technical textiles facility at Jhalawar, Rajasthan
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Being set up as part of its foray into technical textiles, the new manufacturing unit will have a production capacity of 4,375 MT per annum and will produce a range of products including protective uniforms and functional garments and medical textile, among o
SpiceJet joins hands with travel portal EaseMyTrip
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As part of the exclusive partnership, EaseMyTrip will develop a holiday booking platform for SpiceJet, which will allow the airlineâs customers to book holiday packages, it added.
Mahindra Mahindra considering funding options for EV supercar unit: Report
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The Munich-based luxury electric vehicle unit had in 2019 rolled out a prototype of its 1,900-horsepower Battista, which had a top speed of 350 km/hour and a range up to 500 km in a single charge.
Assam govt to acquire Hindustan Paper assets, provide Rs 570 crore package to employees
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The discussion between the government and the unions of the two paper mills continued for over four hours at the office of Chief Minister Himanta Biswa Sarma, following which the agreement was signed.
MFine raises $48 million funding from Moore Strategic Ventures, BEENEXT and others
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The series C round also saw participation from existing investors, Stellaris Venture Partners, SBI Group Japan, SBI Ven Capital Singapore, Heritas Capital, Prime Venture Partners, Y#39;#39;S Investment Pte Ltd and Alteria Capital, a statement said.
