Thermax Babcock & Wilcox Energy Solutions has secured a Rs 513 crore order to supply two boilers for a 600 MW greenfield energy project in Botswana.

The Network Planning Group reviewed eight infrastructure projects, including railway lines and industrial clusters, with a total estimated investment of over Rs 14 billion.

Nalanda Capital has divested a 1.2% stake in Thermax for Rs 765 crore through an open market transaction. The shares were sold at an average price of Rs 5,100.26 apiece.

Canara Bank, JSW Energy, and 11 other companies will be included in the MSCI India index effective May 31, 2024, as per the latest index review. Three companies will be removed.

Thermax Ltd reported a 20% increase in net profit to Rs 188 crore in the January-March 2024 quarter, driven by higher revenues. The company also announced a dividend of Rs 12 per share.

The Food Safety and Standards Authority of India (FSSAI) has made bold labelling of salt, sugar, and saturated fat mandatory on packaged food items, aiming to help consumers make healthier choices....

Paytm founder Vijay Shekhar Sharma hails government's role in mainstreaming startups, calling it a golden period for Indian entrepreneurs. He highlights the shift from startups being at the bottom...

Future Consumer, FMCG arm of debt-ridden Future Group, has defaulted on payments of Rs 449.04 crore to banks and bondholders until June-end. The company is working on asset monetization and debt...

India aims to become a global semiconductor player, leveraging its expertise and government support. The industry is projected to reach a trillion dollars globally.

Bandhan Bank has appointed Ratan Kumar Kesh as interim MD & CEO, effective July 10. Kesh, previously COO, will serve for three months or until a new CEO is appointed.

Vedanta Group chairman Anil Agarwal met Odisha Chief Minister Mohan Charan Majhi to discuss development projects and reiterate the company's commitment to the state's progress.

The Food Safety and Standards Authority of India (FSSAI) has made bold labelling of salt, sugar, and saturated fat mandatory on packaged food items, aiming to help consumers make healthier choices....

Union Minister Amit Shah announces plans for cooperative banks and milk unions in each district, aiming to establish PACS in 2 lakh panchayats in the next 5 years.

Paytm founder Vijay Shekhar Sharma hails government's role in mainstreaming startups, calling it a golden period for Indian entrepreneurs. He highlights the shift from startups being at the bottom...

Future Consumer, FMCG arm of debt-ridden Future Group, has defaulted on payments of Rs 449.04 crore to banks and bondholders until June-end. The company is working on asset monetization and debt...