Swan Energy will sell its stake in a floating LNG receipt terminal to Turkey's Botas for USD 399 million. The deal is expected to close in six months.

Sebi Whole Time Member Ananth Narayan G explains the regulator's intent to curb 'expiry day frenzy' in options trading, aiming to reduce systemic risks and protect investors. The move involves...

BlackRock, a global asset manager, has acquired a 1.45% stake in Swan Energy for Rs 304 crore through open market transactions. The shares were bought at an average price of Rs 668.27 apiece.

IFFCO has withdrawn its plea in the NCLT that restrained Triumph Offshore from issuing shares to lenders after selling its 49% stake to Swan Energy.

Swan Energy's natural gas arm, Swan LNG, prepays Rs 2,206 crore debt, reducing its total debt to Rs 1,611 crore. The company expects to save Rs 250 crore in annual interest costs.

Sebi confirms a ban on SecUR Credentials and its MD Rahul Belwalkar from the securities markets due to alleged fund diversion. The ban was initially imposed in June and confirmed after a detailed...

Exim Bank India has partnered with Nedbank in South Africa to support trade transactions, aiming to facilitate smoother international commerce. The agreement, signed in Johannesburg, aims to...

Auréa completes acquisition of The Body Shop, aiming to revitalize the brand and reclaim its global leadership in ethical beauty. Mike Jatania and Charles Denton will lead the revival efforts.

India's Semiconductor Mission aims to establish 10 semiconductor manufacturing plants in the next decade. The government has received 20 proposals and approved five projects with a total investment...

India's GST revenue from online gaming surged 412% in six months since the implementation of a 28% tax on the sector, Finance Minister Nirmala Sitharaman announced.

Sikkim government signs MoU with NID Ahmedabad to promote creative economy, leveraging the state's rich cultural heritage and fostering opportunities for women and youth.

India Opportunities Growth Fund sold a 1.7% stake in Electrosteel Castings for Rs 219 crore through an open market transaction, reducing its stake to 3.08%.

Around 900 workers at Samsung's Chennai plant went on strike demanding a wage hike and improved working conditions, impacting production of consumer durables.

Champat Rai, general secretary of Shri Ram Janmabhoomi Teerth Kshetra Trust, estimates Rs 400 crore GST from Ram Temple construction in Ayodhya. Learn more about the temple complex and its...

PN Gadgil Jewellers has raised Rs 330 crore from anchor investors ahead of its IPO. The IPO, which opens on September 10, is expected to raise Rs 1,100 crore.