Singapore-based Nalanda Capital has divested a 1.4% stake in Great Eastern Shipping Company for Rs 209 crore through an open market transaction. This follows a similar sale in May.

Nalanda Capital divested a 1.4% stake in Great Eastern Shipping Co Ltd for Rs 190 crore through an open market transaction. The stake sale reduced Nalanda Capital's shareholding in GE Shipping to...

Great Eastern Shipping Company reported a 25.37% rise in Q4 profit to Rs 905.08 crore, driven by increased revenue and lower expenses. The company's full-year profit also saw a slight increase.

Three entities, including Oneil Capital Trust, paid Sebi Rs 22.75 lakh to settle a case related to breach of investment limits by Oneil Quant Fund, violating AIF regulations.

The Indian Sugar Mills Association (ISMA) has lowered its sugar production estimate for 2024-25 to 264 lakh tons, citing lower sugarcane yields and ethanol production. The revised estimate includes...

Jaiprakash Associates Ltd has transferred its outstanding loans to National Asset Reconstruction Company Ltd (NARCL) as part of its insolvency process. The consortium of lenders includes SBI, ICICI...

A parliamentary committee recommends crop insurance cover stray animal damage and financial aid for paddy farmers to curb crop residue burning.

Infosys co-founder N.R. Narayana Murthy stresses job creation through entrepreneurship as the solution to poverty, criticizing freebies as ineffective.

Mitsubishi Chemical Group plans to join the supply chain for semiconductors and electric vehicles in India, seeking government support for a new project. The company has a history in India,...

South Africa to host the first G20 Trade and Investment Working Group (TIWG) meeting from March 18-20, focusing on inclusive growth, global commons, green industrialization, and WTO reform.

SIA-India welcomes SpaceX's partnerships with Airtel and Jio, highlighting their potential to accelerate broadband expansion and enhance connectivity across various industries in India.

Indian Railway Minister welcomes Starlink to India, stating its potential for remote railway projects. The move follows deals with Jio Platforms and Bharti Airtel.

The Indian Sugar Mills Association (ISMA) has lowered its sugar production estimate for 2024-25 to 264 lakh tons, citing lower sugarcane yields and ethanol production. The revised estimate includes...

Coromandel International acquires 53% stake in NACL Industries for Rs 820 crore, aiming to become a leading player in Indian crop protection. The acquisition will expand Coromandel's scale,...