Emkay Global says government's divestment plan will drive fundraising in FY26, citing a target of Rs 47,000 crore. This follows a slowdown in deal-making activity due to market correction.

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...

Jaiprakash Associates Ltd has transferred its outstanding loans to National Asset Reconstruction Company Ltd (NARCL) as part of its insolvency process. The consortium of lenders includes SBI, ICICI...

UCO Bank plans to raise Rs 2,000 crore through a Qualified Institutional Placement (QIP) this quarter to comply with Sebi's minimum public shareholding norms. The bank aims to reduce the...

UCO Bank reported a 27.1% YoY increase in net profit to Rs 638.83 crore for Q3FY'25. Total income grew 15.5% to Rs 7,405.89 crore. Asset quality improved with gross NPA ratio declining to 2.91%.

3F Oil Palm is scaling up its drone-based precision farming program nationwide after a successful pilot in Andhra Pradesh, covering 1,150 hectares and benefiting over 500 farmers.

Jindal Steel & Power, Jindal Power and Coal India's Western Coalfields Ltd are among 10 companies that won coal blocks in the 11th round of commercial mine auctions. The auction saw intense...

Gold prices fell by Rs 700 to Rs 90,550 per 10 grams on Monday, driven by hopes of a Russia-Ukraine peace deal. Silver prices, however, rose by Rs 200 per kg.

The BSE Sensex surged by 1,078 points to close at a six-week high on Monday, driven by FII buying and gains in banking and oil & gas shares.

Actis, a sustainable infrastructure investor, has acquired 100% stake in Stride Climate Investments in India, taking charge of a 371M solar portfolio across 21 projects. Learn more about the deal...

Congress MP Shashi Tharoor criticized the Finance Bill, calling it ''patchwork'' and India's GST the most complex in the world, while BJP's Nishikant Dubey...

3F Oil Palm is scaling up its drone-based precision farming program nationwide after a successful pilot in Andhra Pradesh, covering 1,150 hectares and benefiting over 500 farmers.

Jindal Steel & Power, Jindal Power and Coal India's Western Coalfields Ltd are among 10 companies that won coal blocks in the 11th round of commercial mine auctions. The auction saw intense...

India proposes to abolish the Equalisation Levy on online advertisements, a move aimed at easing tensions with the US. The tax, introduced in 2016, has been a source of controversy. The government...

Gold prices fell by Rs 700 to Rs 90,550 per 10 grams on Monday, driven by hopes of a Russia-Ukraine peace deal. Silver prices, however, rose by Rs 200 per kg.