The NCLAT has ruled in favor of Mitsubishi Heavy Industries, allowing them to encash the performance guarantee provided by Punj Lloyd. The ruling overturns a previous NCLT order that had restrained...

Air conditioner manufacturers saw record profits in April-June due to blistering heat, with companies like Voltas, Blue Star, and Havells reporting significant revenue growth.

Havells India reported a 42% surge in consolidated net profit to Rs 407.51 crore in Q1 FY24, driven by robust sales growth amidst a scorching summer. Revenue from operations also increased...

Defense Secretary Lloyd Austin announced an additional $2.3 billion in military aid for Ukraine, including anti-tank weapons and air defense systems. The aid comes as Ukraine continues to battle...

A bipartisan commission to address the US's $34.6 trillion debt faces a dead end in Congress, with both parties unwilling to consider unpopular spending cuts or tax increases.

SpiceJet cancelled its Delhi-Darbhanga flight on Saturday, causing passengers to protest at the Delhi airport. The airline cited unforeseen operational reasons and offered refunds or alternative...

Sebi has exempted Spice Healthcare from making an open offer to SpiceJet shareholders after the conversion of warrants. The exemption is subject to certain conditions, including a 24-month lock-in...

Adani Green Energy Ltd (AGEL) has appointed Saurabh Shah as its new CFO, effective October 1, 2024. Shah currently serves as Deputy CFO at Adani Enterprises Limited.

Lumax Auto Technologies acquires majority stake in Greenfuel Energy Solutions, entering the green and alternate fuels market. The acquisition aims to leverage the growth of CNG vehicles and drive...

Despite political unrest in Bangladesh, India continues to export diesel to Bangladesh, with no disruption to business. Numaligarh Refinery's diesel exports remain unaffected, according to OIL...

SpiceJet cancelled its Delhi-Darbhanga flight on Saturday, causing passengers to protest at the Delhi airport. The airline cited unforeseen operational reasons and offered refunds or alternative...

Maldives signs MoU with China to facilitate current account transactions in their respective currencies, aiming to boost trade and investment. ICBC branch also in the works.

Sebi has exempted Spice Healthcare from making an open offer to SpiceJet shareholders after the conversion of warrants. The exemption is subject to certain conditions, including a 24-month lock-in...

Adani Green Energy Ltd (AGEL) has appointed Saurabh Shah as its new CFO, effective October 1, 2024. Shah currently serves as Deputy CFO at Adani Enterprises Limited.

Rajasthan's Chief Minister, Bhajanlal Sharma, expresses confidence in the state's economic growth, fueled by a 'double engine' government and foreign investment. He expects the economy to double...