Business News

This is seen as a bid by the steel major to secure the raw material required to support its ambitious expansion plans.

Albinder Dhindsa, founder and CEO, Blinkit, in a post on X announced ‘LEGO sets are available on blinkit!’

Economic Affairs Secretary Ajay Seth stated that the government has no additional comments on the Hindenburg allegations, emphasizing that Sebi and the individuals involved have already addressed the matter.

At the same time, the regulator segregated risk weights for standard and stressed commercial real estate--residential buildings.

The revelations have exposed that the BJP’s tirade against corruption is only lip-services and they are involved in protecting the Adani Group at all levels, said CPI General Secretary, D Raja.

As much as Rs 44,000 crore are tied up in the RIDF now for not achieving the mandated PSL targets in the previous four fiscals since the bankruptcy of the bank, he said.

RBI Governor Shaktikanta Das while unveiling the bi-monthly monetary policy earlier in the week, also had expressed concern of deposit-lending mismatch in the banking sector.

Hindenburg claims SEBI Chair Madhabi Buch and her husband held stakes in offshore funds linked to the Adani scandal. The short-seller suggests this may explain SEBI’s lack of thorough investigation.

Gurugram : Vivek Kumar Dewangan, IAS, CMD, REC Limited was honoured with  'Distinguished Fellow' Award at the 2024 Director's Conclave & 34th IOD Annual Day. The Institute of Directors organized this event to recognize and honor the…

CHENNAI: Short-seller Hindenburg Research is at it, promising 'something big soon' in India again. The announcement came in an early morning India time tweet. The tweet has gone viral and elicited a range of responses. Hindenburg has…

New Delhi: India's foreign exchange reserve has touched a new high at $674.91 billion for the reporting week to August 2, ratcheting up a good $7.53 billion in the reporting week, indicating a robust external sector performance, according…

Sebi_building-PTI_1-Mumbai: The Securities and Exchange Board of India (Sebi) has urged pension funds and insurers to support municipal bond issuances to help develop this nascent market so that fund-starved civic bodies can be helped.…

MUMBAI: Aditya Birla group flagship company Grasim Industries, which straddles textiles & textile fibres, real estate, building materials, cement and paints, has reported a standalone net loss of Rs 5212 crore in the June quarter…

NEW DELHI: The government is scheduled to introduce the Banking Laws (Amendment) Bill, 2024 which seeks to increase the option for nominees per bank account to four, from existing one, among others. Another proposed change relates to…

Mumbai: Power sector Maharatna PFC has won ASSOCHAM’s prestigious  Corporate Bond Market 2024 Award in the CB-Private Placement category. The award was presented at the 7th National Summit and Awards, Corporate Bond Market 2024 held on…

NEW DELHI: Finance Minister Nirmala Sitharaman emphasized in the Rajya Sabha on Thursday that the decision regarding the Goods and Services Tax (GST) on health and life insurance premiums rests solely with the GST Council. She stated that…

NEW DELHI: In a bid to combat the rising menace of spam calls in the country, the Telecom Regulatory Authority of India (TRAI) directed telecom service providers (TSPs) on Thursday to disconnect the telecom resources of any entity caught…

MUMBAI: With the lenders (commercial banks) pushing top-up loans like never before, the Reserve Bank has flagged this as a potential risk for the system and asked all lenders to review such practices and take remedial action. Top-up…

NEW DELHI: The flagship Gautam Adani Group firm -- Adani Enterprises Ltd (AEL) – will be testing waters in the equity market for the first time since its aborted follow-on offer in February 2023. The company is planning to raise Rs…