Samvardhana Motherson International Ltd (SAMIL) raised USD 350 million through note issuance, oversubscribed six times. The funds will be used to repay existing debt.

Samvardhana Motherson International Ltd reported a strong Q4 FY24, with net profit doubling to Rs 1,444 crore. Revenue also saw significant growth, driven by robust performance across automotive...

Interest rate-sensitive sectors like banks, auto and realty witnessed declines following RBI's decision to keep policy rates unchanged amid inflation concerns. Read more.

Samvardhana Motherson International Ltd has announced the acquisition of Australia's Lumen Group and Switzerland's Deltacarb SA for nearly Rs 575 crore. The acquisitions will expand the company's...

The Enforcement Directorate (ED) has declared 9 defaulters as Fugitive Economic Offenders under the Fugitive Economic Offenders Act, 2018. The ED has also sent 25 extradition requests for 16...

The Asian Development Bank has committed a USD 200 million loan to improve solid waste management and sanitation in 100 Indian cities under the Swachh Bharat Mission 2.0.

RBI mandates banks to scrutinize 'wilful default' in non-performing asset (NPA) accounts exceeding Rs 25 lakh, with a focus on transparency and credit information dissemination.

Indian stock markets closed at record highs on Tuesday, driven by gains in Tata Motors and HDFC Bank. Sensex rose 0.12% to 81,455.40, while Nifty gained 0.09% to 24,857.30.

Uber partners with Penguin Random House to offer free books on select Uber Shuttle routes in Delhi-NCR, promoting reading during commutes.

The Enforcement Directorate (ED) has declared 9 defaulters as Fugitive Economic Offenders under the Fugitive Economic Offenders Act, 2018. The ED has also sent 25 extradition requests for 16...

Exide Industries's profit after tax surged 16% to Rs 280 crore in Q1 FY24, driven by growth in both automobile and industrial verticals. Learn more.

The Asian Development Bank has committed a USD 200 million loan to improve solid waste management and sanitation in 100 Indian cities under the Swachh Bharat Mission 2.0.

SCOPE, a startup platform, secures USD 5 million for its secondary fund, boosting its asset management capabilities in the US. This follows a recent USD 90 million funding round and acquisition of...

RBI mandates banks to scrutinize 'wilful default' in non-performing asset (NPA) accounts exceeding Rs 25 lakh, with a focus on transparency and credit information dissemination.