Vedanta Limited successfully raised over USD 1 billion through a QIP, attracting prominent investors like Goldman Sachs and Morgan Stanley. The funds will be used to de-leverage the company's...

Shriram Properties has elevated Gopalakrishnan J to Group CEO, replacing his previous role as ED & CFO. K R Ramesh has also been appointed as Executive Director - Strategy & Corporate Development.

UltraTech Cement's consolidated net profit remained flat at Rs 1,696.59 crore in the June quarter, while revenue rose 1.87 percent. Read more.

Birla Estates has acquired a 5-acre land in Gurugram to develop a housing project with an estimated revenue potential of over Rs 1,400 crore. The project is expected to generate revenue of over INR...

Hindalco Industries will sell a land parcel in Kalwa, Maharashtra to Ekamaya Properties Pvt Ltd, a subsidiary of Birla Estates, for Rs 595 crore. The transaction is subject to regulatory approvals.

BigBloc Construction's board has approved a 1:1 bonus share issue for shareholders, boosting share price and aiming to reward investors. The bonus issue is subject to shareholder approval at the...

Stallion India Fluorochemicals, a supplier of refrigerants, has received Sebi's approval to float an IPO. The IPO includes a fresh issue of shares and an offer-for-sale component.

SBI MD Ashwini Tewari advocates for a CRR cut to help banks facing low deposit growth, citing the need for resources to fund economic activity. He highlights the pressure on banks due to the gap...

India's Economic Survey highlights GST's role in reducing logistics costs, improving truck travel time, and boosting manufacturing. Learn about the impact on logistics performance and India's...

India's Economic Survey suggests removing food from the inflation-targeting framework, arguing that higher food prices are often supply-induced. It proposes using coupons or direct cash transfers...

BigBloc Construction's board has approved a 1:1 bonus share issue for shareholders, boosting share price and aiming to reward investors. The bonus issue is subject to shareholder approval at the...

Stallion India Fluorochemicals, a supplier of refrigerants, has received Sebi's approval to float an IPO. The IPO includes a fresh issue of shares and an offer-for-sale component.

India's R&D investment as a percentage of GDP remains low compared to China and the US, with private sector contribution also lagging, according to the Economic Survey 2023-24.

SBI MD Ashwini Tewari advocates for a CRR cut to help banks facing low deposit growth, citing the need for resources to fund economic activity. He highlights the pressure on banks due to the gap...

India's Economic Survey warns of risks from rising retail investor participation in the stock market, highlighting potential for overconfidence and speculation. Read more.