GTRI reports India had a trade surplus with 151 countries & deficit with 75, including China & Russia, during Jan-June 2024. Key focus on reducing industrial goods imports.

Aditya Birla Group expects significant growth in its building materials business driven by India's housing and infrastructure boom. Cement and decorative paints are key segments for the group.

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.

Silver prices jumped by Rs 633 to Rs 89,960 per kilogram on the Multi Commodity Exchange, driven by increased participant bets and fresh positions. Global silver also traded higher.

LTIMindtree opens new facility in Houston, focusing on AI, digital transformation, and ESG initiatives to serve clients in energy and oil & gas sectors.

Swiggy CEO Sriharsha Majety expects strong growth in the next 3-5 years, driven by Instamart expansion and geographical footprint growth. The company's IPO was fully subscribed, reflecting strong...

BlueGreen Ventures, led by Rajeev Suri and Anup Jain, launches a USD 75 million fund for early-stage startups focused on climate, fintech, and consumer sectors.

The Indian patent office warns of fraudsters soliciting money to facilitate IP applications. The office emphasizes that applications are processed according to law and any unethical practices are...

Aluminium futures prices fell on Wednesday due to low demand from consuming industries. The price dropped by 20 paise to Rs 237.50 per kilogram on the Multi Commodity Exchange.

Crude oil futures on the Multi Commodity Exchange decreased Rs 6 to Rs 5,777 per barrel on Wednesday due to weak demand. Global crude prices were up.

Silver prices jumped by Rs 633 to Rs 89,960 per kilogram on the Multi Commodity Exchange, driven by increased participant bets and fresh positions. Global silver also traded higher.

Gold prices in India rose on Wednesday, driven by firm spot demand and increased positions by speculators. Global gold futures also saw an increase.

LTIMindtree opens new facility in Houston, focusing on AI, digital transformation, and ESG initiatives to serve clients in energy and oil & gas sectors.