The two companies have signed a Memorandum of Understanding and the partnership will enable them to offer customised financial solutions to the automaker#39;s customers, Ashok Leyland said in a statement.
ARCIL, with assets of more than 162 billion rupees, is looking to acquire soured debt from “promising†sectors such as renewable energy, road, steel and logistics. It may bring Avenue Capital as a co-investor, Mohapatra said.
The Open Network for Digital Commerce (ONDC) is an initiative of the commerce and industry ministry to create a facilitative model to help small retailers take advantage of digital commerce.
There are multiple factors that will drive this NBFC’s growth going forward
Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.
The approval granted by the US Food Drug Administration (USFDA) is for Mycophenolate Mofetil for oral suspension of strength 200 mg/ml, Strides Pharma Science said in a regulatory filing.
The company will be supplying front and rear axle components for the next five years, it said in a statement.
Launched in 2020, India#39;s $24 billion production-linked incentive programme covers 14 sectors, ranging from electronic products to autos, and is crucial to boosting jobs in manufacturing, an area where India has struggled.
Despite all the comparisons with Japan that China#39;s economic struggles are drawing, the former actually managed a soft landing with little social upheaval. Just like Japan, China is likely neither headed for global dominance nor set for collapse. But can it manage its problems as well as Japan?
As the EV offering grows, spurred by surging consumer demand and a robust, thriving product lineup, customers expect a unique experience across all touchpoints, from the brand to the product and its ownership cycle, Tata Passenger Electric Mobility, a unit of Tata Motors, said in a statement.
India is among the very few economies in the world that possess the full complement of appropriate market conditions backed by pro-growth government policies that aim to deliver sustainable growth over the long term
So how many seats is too many?
A less complicated regime, simply requiring higher levels of loss-absorbing equity capital, would be both safer and less onerous. Such a reform would ensure banks have enough capacity to bear inevitable losses, strengthen the broader financial system and free regulators from the need to quantify every potential risk
The producer of zinc, used to galvanize steel to prevent rusting, said last week that it wants to grow its annual mined metal output to 1.5 million tons, from around 1 million tons now.
The department, which India’s Ministry of Finance runs, has sent notices to founder Supam Maheshwari asking why he didn’t pay more than $50 million in taxes on equity transactions conducted in privately-held FirstCry, the people said, asking not to be named as the information is not public.
Reliance AGM 2023 Live Updates: Brokerage firm CLSA has retained its #39;buy#39; rating on India#39;s biggest company, Reliance Industries, and increased the target price to Rs 3,060 a share, up 23 percent from its current market price
Reliance AGM 2023 Live Updates: Investors are eagerly waiting for value unlocking in the telecom and retail divisions of RIL.
Reliance AGM 2023 Live Updates: Investors are eagerly waiting for value unlocking in the telecom and retail divisions of RIL.
This year, investors are keen to find out more about the newly listed Jio Financial Services Ltd., as well as Reliance’s fresh investments into renewable energy and the rollout of its 5G network.
A round-up of top newspaper stories to keep you ahead of others.
AI - which will increasingly have a positive impact on everyday work and daily life - would need laws and regulations both at a national and international level, he said.
The company has received approval from the US Food and Drug Administration (USFDA) to market Pirfenidone tablets in strengths of 267 mg and 801 mg, the Mumbai-based drug maker said in a statement.
Joint Secretary in the Ministry of Heavy Industries Hanif Qureshi confirmed the repayment and said the ministry will give "a few weeks more" to six other companies found violating the Phased Manufacturing Programme (PMP) norms.
The task force in its recommendation also suggested ways for businesses to finance it. It suggested setting up of a #39;global acceleration fund#39; where every business globally contributes 0.2 per cent of profit to social development goals.
Sunil Bharti Mittal said Africa economic integration is gaining momentum, and expressed hope that the Africa Union will soon become a permanent member of G20.
IndianOil will invest Rs 1 lakh crore in expanding capacity to refine and turn crude oil into fuel and a staggering Rs 2.4 lakh crore in projects that will help it achieve net-zero carbon emissions from its operations. Another Rs 60,000 crore is planned to be invested in setting up a giant petrochemical complex at Paradip in Odisha.
Under the theme of "Innovation, Digitization, Sustainability: Scaling towards Global Manufacturing Excellence," the event underscored the notion that India#39;s ascendancy in the manufacturing realm is underpinned by its commitment to delivering product quality and excellence at a competitive cost
Financial independence to retire early (FIRE) involves building a nest-egg early in one’s career and a host of emotional challenges Brad Smith, who is on a visit to India and scheduled to participate in the B20 Summit India starting Friday, penned a blog titled `India#39;s AI Opportunity#39; where he outlined five key recommendations in the Indian context.
The country’s top state lender earlier this month identified a list of 331 non-performing assets with a combined outstanding value of 960 billion rupees ($11.6 billion), according to a note SBI sent to potential investors and seen by Bloomberg News.
The RBI had proposed to increase the limit on August 10 while sharing the outcome of the monetary policy committee meeting
The company has received approval from the US Food and Drug Administration to market Doxepin Hydrochloride capsules in strengths of 10 mg, 25 mg, 50 mg, 75 mg, and 100 mg, JB Chemicals Pharmaceuticals said in a regulatory filing.
These selective catalyst reactors (SCR) were hitherto being imported and this is a significant milestone under the #39;Make in India#39; initiative of the government, a BHEL statement said.
Abdulrahman Al-Fageeh, CEO of Saudi Basic Industries Corporation (SABIC) is leading a delegation of Saudi Arabia#39;s top business leaders set to represent the Kingdom#39;s business interests in the upcoming B20 India Summit to be held in New Delhi from August 25-27. The Raipur-based firm on Tuesday forayed into the electric two-wheeler segment with the launch of Eblu Feo tagged at Rs 99,999 lakh.
The company issued 16.7 lakh shares at a price of Rs 735 apiece, according to a public announcement. The company issued 16.7 lakh shares at a price of Rs 735 apiece, according to a public announcement.
If the company adheres to the terms of the agreement, including the payment of USD 30 million, payable in six installments, the DOJ will dismiss the pending Superseding Indictment, it added. If the company adheres to the terms of the agreement, including the payment of USD 30 million, payable in six installments, the DOJ will dismiss the pending Superseding Indictment, it added.
"... Corporation has acquired 6.660 per cent shareholding in #39;Jio Financial Services Ltd#39; through demerger action by #39;Reliance Industries Ltd#39;," LIC said in a regulatory filing.
Honda Cars India Vice President (Sales and Marketing) Kunal Behl said that the company is currently deciding on the quantum of the price increase,
The luggage company has hit an air pocket as it is losing market share in the value segment and its Q1 numbers are weak
Ambuja Cements Ltd (ACL) would buy 26 per cent equity shares of Rs 10 each of Sanghi Industries from its public shareholders for a price of Rs 114.22 apiece. The offer would be worth up to Rs 767.16 crore, according to a Draft Letter of Offer.
The debt-funding will help IIFL HFL increase home finance to the economically weaker sections (EWS) and low-income groups(LIG), including women borrowers.
Honor had stopped selling its smartphones in India and reportedly retreated last year amid limited marketing budget and less prudent portfolio management.
Inox Green Energy Services Ltd (IGESL) is a leading wind power operations and maintenance (OM) service provider.
What is the information and data matrix that Moody’s has gathered and processed to prompt them to flag rising political risks in India? Data and information are the very edifices on which the architecture of any ratings action and annotation should rest. There is now a wide body of credible academic literature that have spared no punches on CRAs’ bias against emerging economies
Earnings traction likely to remain strong on the back of expanding market, gains in market share, and an uptick in margins
After learning how to deploy nuanced strategies to play a bullish view, we will now apply these concepts to a bearish view. In today’s edition, we learn about the Bear Put Spread
The collaborations for the battery plant, capable of supplying cells for at least 500,000 vehicles a year, could range from a joint venture and sharing of knowledge to experimentation and licensing agreements, Balaji said.A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...
