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IFFCO has withdrawn its plea in the NCLT that restrained Triumph Offshore from issuing shares to lenders after selling its 49% stake to Swan Energy.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

Net absorption of office space in India's top 7 cities surged 14% in Q3 2024, driven by strong demand. Bengaluru and Pune led the growth, while Hyderabad saw a decline. Learn more.

SBI plans to open 600 branches in FY25, targeting emerging areas. The bank aims to reach 50 crore customers and become the most valued bank for all stakeholders.

Coal India Ltd (CIL) is exploring monetization of four old washeries through asset leases bundled with long-term coal supply agreements. This move aims to optimize asset utilization and diversify...

Adani Group merges two subsidiaries with Adani New Industries Ltd (ANIL), boosting its green hydrogen and wind turbine manufacturing operations. ANIL, a subsidiary of Adani Enterprises Ltd, is...

BP's exclusivity with Reliance Industries has ended but the energy giant will continue to pursue oil and gas ventures with the Mukesh Ambani firm in India.

Net absorption of office space in India's top 7 cities surged 14% in Q3 2024, driven by strong demand. Bengaluru and Pune led the growth, while Hyderabad saw a decline. Learn more.

Former RBI Governor Raghuram Rajan opposes excluding food inflation from benchmark interest rates, arguing it would erode public trust in the central bank's inflation control mandate.

SBI plans to open 600 branches in FY25, targeting emerging areas. The bank aims to reach 50 crore customers and become the most valued bank for all stakeholders.

Air Kerala, a startup carrier, has appointed C S Randhawa as VP for operations and Ashutosh Vashishth as VP for security. The appointments come as Air Kerala prepares for its launch early next year.

Coal India Ltd (CIL) is exploring monetization of four old washeries through asset leases bundled with long-term coal supply agreements. This move aims to optimize asset utilization and diversify...