UltraTech Cement has confirmed that India Cements will remain a listed entity following its acquisition of a 32.72% stake. The open offer price is Rs 390 per share, and UltraTech intends to acquire...

UltraTech Cement to acquire an additional 32.72% stake in India Cements Ltd for Rs 3,954 crore, increasing its stake to over 55%. The deal will trigger an open offer for public shareholders.

Aditya Birla Group aims to reach USD 25 billion in consumer business revenue in the next 5 years, driven by diversification and portfolio strengthening. The group is focused on financial services,...

Aditya Birla Group launches new jewelry brand 'Indriya', aiming to be a top 3 retailer in the next 5 years. The brand offers 15,000 curated pieces with exclusive designs.

Vedanta Ltd announces a second interim dividend of Rs 4 per share for FY24, totaling Rs 1,564 crore. The company recently raised Rs 8,500 crore through QIP.

India's government has ruled out mandating ethanol blending with diesel due to concerns over fuel tank deposits and other implications, but is focused on increasing petrol blending up to 20% by 2025.

Adani Total Gas reported a 20% rise in Q1 net profit driven by higher CNG and piped cooking gas sales. Revenue grew 9% to Rs 1,237 crore. CNG sales were up 20% at 153 mmscm.

Vedanta Nico partners with US-based AEsir Technologies to supply nickel for next-generation batteries, focusing on EV, 5G, and critical infrastructure applications.

India's power generation capacity has grown 80% in the last 10 years, reaching 4.46 GW in June 2024, with significant increases in coal-based and renewable sectors.

Adani Wilmar reported a consolidated net profit of Rs 313.20 crore for the April-June quarter, a significant turnaround from a loss in the same period last year.

Nepal has become a net electricity exporter for the first time, earning more from exports to India than imports. The country has exported 690 MW of electricity to India, with plans to increase...

India's government has ruled out mandating ethanol blending with diesel due to concerns over fuel tank deposits and other implications, but is focused on increasing petrol blending up to 20% by 2025.

CSB Bank's net profit for Q1 FY24 declined by 14% to Rs 113 crore due to an increase in bad loans. Gross NPAs rose to 1.69% of gross advances.

Adani Total Gas reported a 20% rise in Q1 net profit driven by higher CNG and piped cooking gas sales. Revenue grew 9% to Rs 1,237 crore. CNG sales were up 20% at 153 mmscm.

Vedanta Nico partners with US-based AEsir Technologies to supply nickel for next-generation batteries, focusing on EV, 5G, and critical infrastructure applications.