Economic Times
The ARC will use the funds to make cash payments to banks against the purchase of non-performing loans. NARCL offers 15% of consideration as cash paym
In a report on Tuesday, Macquarie Capital Securities expects a sharp reduction in Paytm revenues across various segments, anticipating an exodus of cu
The shareholders of Unitop Chemicals started arbitration against promoters of Rossari Biotech, the company which had acquired Unitop in 2021. The Unit
Imports increased to 18.3 million metric tonnes (MMT) in 2022-23 from 11.4 MMT in 2017-18, according to the petroleum and natural gas ministry data. D
Rothschild plans to enter the Indian credit market, focusing on leverage finance, special situations, and corporate restructuring. The firm sees an op
Luxury carmakers like BMW Group India are struggling to achieve price parity between electric vehicles and internal combustion engine (ICE)-powered mo
India's travel renaissance is driving a luggage revolution, with sales doubling. Global brands like Tommy Hilfiger and Delsey Paris are growing in the
The Indian pharmaceutical market (IPM) saw a robust growth of 9.5% in January with all major therapy areas recording double-digit growth. According to
The road tolling authority has advised highway users to buy FASTags from authorized banks, listing 32 banks except Paytm Payments Bank. This signals t
Saudi Aramco, a long-standing supplier of crude oil to India, has been actively seeking investment opportunities in India's downstream sector. Despite
Irish Distillers chairman Nodjame Fouad anticipates India becoming their second-largest market globally due to increased premiumization and consumer e
A Memorandum of Understanding (MoU) was signed between Manipur University of Culture (MUC), located in Imphal, and Phranakhon Rajabhat University (PRU
The Indian Hotels Company Limited (IHCL), backed by Tata Group, has broadened its brand portfolio by forming a 'strategic alliance' with Kolkata's Amb
Drug major Cipla on Thursday said it has tied up with CSIR-Central Drug Research Institute to jointly develop a novel ophthalmic formulation for funga
Assam is on the verge of welcoming its inaugural investment in a semiconductor packaging plant valued at approximately Rs 25,000 crore. This was annou
While speaking at the Second International Quantum Communication Conclave, Telecom Secretary Neeraj Mittal said that a lot of work is happening in C-D
India Yamaha Motor is recalling approximately 300,000 units of its 125 cc scooter models Ray ZR 125 Fi Hybrid and Fascino 125 Fi Hybrid due to faulty
A total of 4.82 lakh passengers were affected by delayed flights in January, costing airlines Rs 3.69 crore. IndiGo carried the highest number of pass
Most luxery EVs are imported as low volumes make local assembly unviable. Tata Motors, MG Motor India, and Mahindra & Mahindra are reducing the price
Funding conditions will constrain loan growth for many banks in India. Credit demand is strong, but banks lack deposits. S&P Global Ratings expects cr
