Economic Times
The company accelerated sales spurred by premiumisation with average handset selling prices rising by 22%, higher than the industry average of 17%. Th
1710959752 Companies - 8 months ago
Lenders had offered different parts of the company for sale after the initial attempt to sell the whole company failed to get substantial bids. Futur
1710959616 Companies - 8 months ago
"The loan will be priced 110 basis points above the six-month SOFR rate with a reset clause after every six months linked to the then prevailing SOFR
1710959232 Companies - 8 months ago
Solar capacity of around 292 GW is likely to be deployed by 2030, making solar photovoltaic waste management crucial, it said. "India must proactively
1710959131 Companies - 8 months ago
"The JV has applied for a preliminary licence to the regulator and it will start with more than ₹300 crore of initial investment," said a source awa
1710958953 Companies - 8 months ago
India has 89,000 petrol pumps, of which 17% now have EV charging facilities. Indian Oil, the largest fuel retailer in the country, has 8,760 filling s
1710958550 Companies - 8 months ago
Enhanced 5G availability and performance, coupled with the availability of a wide range of affordable devices, as well as the introduction of new data
1710958337 Companies - 8 months ago
India's most expensive insurance shield is taken by broadcasters, followed by team owners against player fees. The premiums have gone up by 25% due to
1710958281 Companies - 8 months ago
Japanese banks may derive comfort from Reliance Capital's association with Nippon Life, a joint venture partner of the former, according to the source
1710956153 Companies - 8 months ago
Oberoi also said that hotel rates need to increase in India. “I sometimes feel our rates in India should be much higher. I urge all our colleagues t
1710953497 Companies - 8 months ago
Travel companies and hotel chains including Thomas Cook, SOTC and Leisure Hotels Group are increasing focus on women travellers amid a surge in demand
1710951576 Companies - 8 months ago
Indian Direct Selling Association and Kantar's report revealed a 12% industry growth to Rs 21,282 crore turnover. The sector aims to strengthen with g
1710949892 Companies - 8 months ago
Based on responses from 28 NBFCs, 80% were profitable in the first three quarters of FY23, as opposed to 68% in FY 22-23, said the report. Fintech Ass
1710948740 Companies - 8 months ago
Aster is planning to add 1500 beds by FY27 and aims to be among the top 3 hospital chains in India. The expansion plan will encompass a mix of brownfi
1710945191 Companies - 8 months ago
Mumbai's 10% price growth in the past 12 months driven primarily by affluent homebuyers looking for a lifestyle upgrade in the backdrop of a strong ec
1710945039 Companies - 8 months ago
Agency banks are advised to keep all their branches dealing with government business open on March 31, 2024 (Sunday), the Reserve Bank of India (RBI),
1710944736 Companies - 8 months ago
The NCLAT direction came on Tuesday over an urgent plea moved by the newly appointed board of debt-ridden IL&FS, seeking direction to the banks restra
1710944340 Companies - 8 months ago
The development adds to oil export problems for Russia as its oil firms may face difficulties finding ships to sell surplus oil after recent Ukrainian
1710943917 Companies - 8 months ago
The two new board members are Chennai-based Sanmar Group’s chairman Vijay Sankar, and Shailesh Haribhakti of Shailesh Haribhakti & Associates, the c
1710943727 Companies - 8 months ago
The income tax demand was against a deduction claimed by the company. "The company is of the opinion that the said demand notice is based on incorrect
1710942207 Companies - 8 months ago