Economic Times
Realty developer M3M group has repaid Rs 2,473 crore of debt by August 31, 2024, reducing its outstanding debt to Rs 1,302 crore. This significant red
State Bank of India classified MTNL's loan accounts as sub-standard non-performing assets due to non-payment since June 30. With a total outstanding o
The Reserve Bank of India introduces draft guidelines to prevent banks from leveraging group entities to sidestep restrictive norms. Banks are restric
South Seas Distilleries has launched the world's first matured Mahua spirits, the Six Brothers 1922 Resurrection and Six Brothers Small Batch (Origina
Adani Wilmar achieved a 10% volume growth in Q2, with Food and FMCG volumes increasing by 31%. The company expanded its distribution network to 36,000
India's central bank mandates that group entities of banks cannot bypass parent guidelines for restricted business activities. Banks need RBI's prior
The EU will introduce tariffs on China-made electric vehicles, despite Germany's objections. The tariffs will range up to 45% and will last for five y
Several private sector banks in India saw deposit growth outpace credit growth in the September quarter. HDFC Bank, Yes Bank, and CSB Bank reported no
Lodha, listed as Macrotech Developers, achieved its highest-ever quarterly pre-sales of Rs 4,290 crore, marking a 21% growth from last year. This boos
Mumbai Airport will close flight operations for six hours on October 17 to perform post-Monsoon maintenance on two cross runways. This closure is part
GAIL and AM Green have agreed to jointly set up 2.5 GW of renewable energy projects in India. They will also explore using CO2 from GAIL's gas plants
Union Home and Cooperation Minister Amit Shah urges ADC Bank to take on health, nutrition, and education services in Ahmedabad district, with support
HDFC Bank, India’s largest private lender, added over Rs 1.2 lakh crore in deposits in the September quarter, growing its deposit base by 15.1% to R
SolarfiX India has partnered with Japan's Kanemasa to build 10 GW solar module capacity in India by 2030. The project will be implemented in phases ac
Moody’s Ratings forecasts ongoing growth for private credit markets in the Asia-Pacific region, propelled by rising financing needs in major economi
State-owned Power Finance Corporation (PFC) has secured the largest-ever foreign currency term loan of USD 1.265 billion from banks in IFSC GIFT City,
Lava International aims to capture 10 per cent market share in the Rs 20,000-25,000 smartphone segment with Agni 3. Priced between Rs 19,999 and Rs 22
YRF Talent has named Kanupriya the Head of Talent Film Strategy. Kanupriya, with over 15 years of industry experience, will lead film strategy and par
Union minister Ashwini Vaishnaw stated that there is no plan to privatise the railways and emphasized the focus on affordable services. He highlighted
Balrampur Chini Mills Limited plans to finalise an investment of Rs 2,000 crore for India's first industrial PLA bioplastic manufacturing plant. This
