Economic Times
KKR acquires a significant minority stake in Infinx Services, a leading healthcare revenue cycle solutions provider. With Norwest Venture Partners als
Wheels India Ltd reported a 64.3% increase in net profit for the January-March 2024 quarter to Rs 36.8 crore, attributing the growth to strong export
JSW Cement plans to invest around Rs 3,000 crore to establish a cement manufacturing facility in the Nagaur district of Rajasthan. The greenfield faci
India and China compete for minerals crucial for electric vehicles and solar panels. India applies to explore the Indian Ocean for cobalt and manganes
The Ministry of Heavy Industries is drafting guidelines for the new electric vehicle policy to attract global automakers like Tesla. Automakers, inclu
JB Pharma, led by CEO Nikhil Chopra, forecasts 12-14% revenue growth and aims to increase Ebitda margins by 27-28% in FY25. The growth is driven by a
"This will help us replace our aging and carbon-intensive blast furnaces with a state-of-the-art electric arc furnace capable of producing our custome
Media and entertainment industry stakeholders are urging the Telecom Regulatory Authority of India (TRAI) to confine its recommendations on the Nation
India's peak power demand hit 229.6 GW on May 18 during a severe heatwave, meeting the estimated 235 GW. Last year's peak was 243 GW in September desp
Banks face challenges passing on higher provisions due to competition and pressure to maintain relationships. RBI proposed a 5% provision increase for
The International Financial Services Centres Authority is exploring the option of non-bank financial players acting as risk aggregators for small cust
About a third (32%) of retailers are limiting stocks of MDH and Everest branded packaged spices alleged to have contaminants exceeding permissible eth
Indian authorities address ethylene oxide bans on Everest and MDH. Spices Board mandates ETO testing, recalls products. Global ETO limits vary, supply
Creditors are set to auction a prime 94-acre land parcel in Thane near Mumbai, previously collateral for loans taken by Go First Airlines. The auction
Indian lab-grown diamonds (LGDs) prices crashed by 45% in FY24 due to overproduction in global markets. Indian LGD exports dropped by 18.2% in April t
Oil India reported a 13% profit increase to ₹2,029 crore in Q4 2023-24 fueled by high oil prices. Revenue from operations rose 2% to ₹5,757 crore.
The Department of Telecommunications (DoT) aims to notify rules under the Telecommunications Act, 2023 within 100 days of the new government taking ch
Kalpataru Projects International Ltd bags 3.4 billion SAR contracts from Aramco to expand gas supply network in Saudi Arabia. The company signed contr
Government finds non-compliant Everest Spices with ethylene oxide, asks for corrective action. MDH samples compliant. Spices industry evolving to meet
RITES Limited signed a contract with Bangladesh Railways to supply 200 broad-gauge passenger carriages, worth USD 111.26 million, funded by European I
