Economic Times
Banking system deposit growth has surpassed credit growth over the past 8 months, with deposits increasing by Rs. 14.7 lakh crore to Rs. 215.5 lakh cr
Drug companies like Sun Pharma and Torrent Pharma have refuted claims in a CDSCO report that flagged certain medicines as "counterfeits". They assert
Maharaja Drinks, a new company, launched in London to introduce a variety of Indian-crafted drinks to the UK market. The venture aims to bring authent
State-owned SJVN has signed two agreements with the Maharashtra government to develop pumped storage and floating solar projects worth Rs 48,000 crore
IDBI Bank has introduced the Sugam Rinn Bhugtan Yojana (SUGAM) to facilitate one-time settlement of retail NPAs up to March 31, 2021. This scheme targ
Torrent Pharmaceuticals has denied claims that its popular product Shelcal 500 failed a quality test by the Central Drug Standards Control Organisatio
HDFC Bank has sold a housing loan portfolio worth 60 billion rupees and car loans worth 90.6 billion rupees to various state-controlled banks and asse
Krsnaa Diagnostics has acquired a 23.53% stake in Apulki Healthcare, which operates cancer and cardiac care hospitals under a public-private partnersh
India's rise as a global manufacturing hub is driving increased warehousing demand, with multinationals setting up factories. Supportive government po
Amazon and Samara Capital are investing heavily in More Retail, infusing over Rs 387 crore last fiscal. The company aims to reduce losses by closing u
IndiGo, India's largest airline, has appointed Isidro Porqueras as its new Chief Operating Officer starting November 1. He replaces Wolfgang Prock Sch
Bank of America has appointed Sonali Sharma as head of legal (India) and general counsel. Sharma, an experienced lawyer with a background in capital m
Speciality Restaurants, India's first publicly listed restaurant company, plans to open 40-50 new outlets in the next three years. The expansion will
Adani Green Energy Ltd (AGEL) has formed a 50:50 joint venture with TotalEnergies, with the latter investing USD 444 million to acquire a stake in AGE
Intuitive Surgical has opened a Global Capability Centre in Bengaluru, employing up to 250 full-time positions across various functions. The centre wi
Kishore Mishrilal Bang, promoter of Nirmal Bang Securities, has acquired two luxury apartments in south Mumbai's Mahalaxmi locality for Rs 45.69 crore
IndiGo has nominated Mr. Isidro Porqueras as its new Chief Operating Officer, effective November 1, 2024, pending regulatory approvals. Porqueras, who
The Finance Ministry's August review highlights that recent drops in crude oil prices are beneficial for India, despite concerns about potential globa
Cut and polished diamond exports from India are projected to decline by 18-19% in 2024-25 due to reduced demand in the US and China. The downturn is d
Hartek Group has surpassed 10GW of solar capacity through its power system, T&D, and Renewable EPC business units. The company has built EHV/HV substa
