Kesoram Industries remains committed to its loss-making subsidiary, Cygnet, and will engage with Japanese partner Futamura after its cement business demerger. The company aims to turn around...

Sebi has penalized Reliance Infrastructure, Reliance Power, and other entities for failing to submit No Default Statements to credit rating agencies. The regulator imposed fines ranging from Rs 1...

Kesoram has refinanced Rs 1900 crore of high-cost debt, lowering its interest rate by 800 basis points. The company expects to save over Rs 30 crore per quarter in interest payments.

Grasim Industries reports a 41.5% decline in Q3 profit to Rs 2,603.43 crore, but revenue rose 11.6% driven by UltraTech Cement and Aditya Birla Capital.

RSWM Limited acquires Ginni Filaments' spinning, knitting and processing unit in Mathura for Rs 160 crore, boosting its production capacity and market leadership.

Pakistan's finance and energy ministers are in Beijing to negotiate debt rescheduling for CPEC energy projects, amid concerns over China's reluctance and potential impact on IMF bailout.

India's steel production is projected to surpass 300 million tonnes by 2030, fueled by strong infrastructure push and robust GDP growth. The government aims to reduce carbon footprint in the steel...

Cholamandalam Investment and Finance Company has appointed Ravindra Kumar Kundu as its Managing Director for a five-year term starting October 7. Kundu has been with the company for 24 years and...

Punjab National Bank (PNB) reported a significant jump in its Q1 FY25 profit, driven by a decline in bad loans and improved interest income. Learn more about PNB's financial performance.

India's government is expected to decide on a sugar MSP hike in the coming days, according to Union Food Secretary Sanjeev Chopra. The current MSP has remained unchanged since 2019, while...

Pakistan's finance and energy ministers are in Beijing to negotiate debt rescheduling for CPEC energy projects, amid concerns over China's reluctance and potential impact on IMF bailout.

Marina Harley-Davidson has opened its second dealership in Chennai, offering sales and service for premium Harley-Davidson motorcycles. The new facility is located in Velappanchavadi.

India's steel production is projected to surpass 300 million tonnes by 2030, fueled by strong infrastructure push and robust GDP growth. The government aims to reduce carbon footprint in the steel...

Himachal Pradesh will build a Rs 350 crore medical devices park with its own funds, rejecting central funding. The park will be built on 265 acres and will be a source of income for the state.

Cholamandalam Investment and Finance Company has appointed Ravindra Kumar Kundu as its Managing Director for a five-year term starting October 7. Kundu has been with the company for 24 years and...