Economic Times
Muthoot FinCorp aims to diversify from gold loans to 80% in 3 years, becoming a full-stack financial services provider. Plans include expanding branch
Edelweiss ARC, Phoenix ARC, Omkara ARC, and Prudent ARC eye Indian Overseas Bank's loan portfolio. Sets with reserve prices. ARCs conduct due diligenc
Indian banks had a strong fiscal 2024 but face challenges in the current year due to regulatory changes impacting credit growth and net interest margi
At the end of the 10-year period, both sides will extend their cooperation in Chabahar. IPGL will invest about $120 million in equipping the port, off
In Chicago last month, a United Airlines flight bound for London was poised for departure, yet 13 passengers were still en route from Costa Rica. The
The report said while the quantum of hike may appear large, it should be manageable for both urban and rural users, especially as data usage is sticky
This initiative is part of the Viksit Bharat (developed nation) strategy for PSBs, which includes onboarding sector-specific advisors and developing c
India's diesel exports to Europe dropped to 210,000 bpd in April due to US and Gulf competition. Vortexa tracked weakened margins. Asian exports grew.
India is a bright spot for the Japanese auto giant, accounting for as much as 89% of the incremental volume of 168,000 units sold by Suzuki globally i
Singapore-based Nalanda Capital through its arm Nalanda India Equity Fund Ltd sold shares of Great Eastern Shipping Co Ltd through a bulk deal on the
Akasa Air is going to begin operating flights to Jeddah starting from July 15, which will make the Saudi Arabian city the airline's second internation
Coromandel International Ltd invested Rs 150 crore to acquire 7% stake in Dhaksha Unmanned Systems, enhancing research and technology adoption. Dhaksh
During the fourth quarter of FY24, DLF reported a net profit of Rs 927 crore, reflecting a year-on-year growth of 60%. This growth was attributed to t
The merger will make the Air India group India’s largest international carrier, connecting five of the seven continents, operating more flights on i
Piramal Alternatives acquired a stake in Annapurna Finance, becoming a top shareholder. Nuveen holds 11%. Kikani cited microfinance's 32% CAGR. Annapu
Air India CEO and MD Campbell Wilson along with Vistara CEO Vinod Kannan on Monday held a one-and-a-half-hour long townhall meeting with the employees
With sales now picking up in the North, the shortage is expected to get worse. As per executives, the industry is going to face a notional sales loss
Largest Housing Finance M&A, the large buyout for the PE fund in India. Current management to stay at the helm. New brand name to be announced shortly
Hyundai Motor India has started local assembly of the Venue compact SUV in Nepal through a partnership with Laxmi Group. The plant, Nepal's first auto
According to the break-up provided by Prashant Singhal, fibre deployment will need investments in the range of Rs 2.7-3 lakh crore, passive infrastruc
