Cement prices declined 7% year-on-year in April-January FY25 due to weak demand and increased competition, according to Ind-Ra. Despite sequential price increases, large capacity additions are...

Nuvoco Vistas Corp. has won the bid for Vadraj Cement, currently undergoing insolvency. The deal will increase Nuvoco's cement production capacity to 31 MMTPA and solidify its position as the...

Sebi has exempted Roshni Nadar Malhotra from making open offers in relation to proposed additional share acquisitions in HCL Technologies and HCL Infosystems. The move is part of a family...

Indian cement manufacturers faced declining margins in the September quarter due to lower prices and weak demand. UltraTech, Ambuja, and Dalmia Bharat performed better than smaller players.

Nuvoco Vistas Corp reported a net loss of Rs 85.17 crore in Q2 FY25 due to weak demand and pricing pressure. Revenue declined 11.83% to Rs 2,268.58 crore. Read more about the company's performance.

DMRC and Blue Dart have signed an MoU to launch a sustainable urban logistics service in Delhi-NCR, using metro trains for cargo transport during non-peak hours. This innovative initiative aims to...

McLeod Russel India Limited's Rs 1,104.69 crore debt has been transferred to NARCL for Rs 700 crore, representing a 36% haircut. The debt transfer aims to help the tea producer restructure and...

Sebi is finalizing a standard operating procedure for applying settlement regulations for cases amid rising settlement matters. The regulator is also working on uniformity in applying the...

Ukraine's Foreign Minister Andrii Sybiha will visit Mumbai on Wednesday to strengthen trade relations with India. The visit comes amid efforts to rebuild Ukraine following the Russian invasion.

INOXGFL Group plans to list INOX Clean Energy on Indian stock exchanges in FY26, aiming to raise Rs 5,000 crore through an IPO. The IPO is expected to be one of the largest in the private renewable...

The Shri Ram Janmabhoomi Teerth Kshetra Trust has paid Rs 400 crore in taxes over the past five years, driven by a surge in religious tourism to Ayodhya.

DMRC and Blue Dart have signed an MoU to launch a sustainable urban logistics service in Delhi-NCR, using metro trains for cargo transport during non-peak hours. This innovative initiative aims to...

McLeod Russel India Limited's Rs 1,104.69 crore debt has been transferred to NARCL for Rs 700 crore, representing a 36% haircut. The debt transfer aims to help the tea producer restructure and...

Sebi is finalizing a standard operating procedure for applying settlement regulations for cases amid rising settlement matters. The regulator is also working on uniformity in applying the...

Ukraine's Foreign Minister Andrii Sybiha will visit Mumbai on Wednesday to strengthen trade relations with India. The visit comes amid efforts to rebuild Ukraine following the Russian invasion.