Business News

The promoter of the hotel chain has raised Rs 420 crore loan from a private fund and received the approval from committee of creditors, according to sources.

The company shares were listed at a premium of 77% over the IPO price on the domestic bourses.

Airtel is set to provide an end-to-end Internet of Things (IoT) solution for smart metering, encompassing the head-end system, meter data management system, cloud infrastructure, and analytics.

Among the Sensex firms, Power Grid, HDFC Bank, Kotak Mahindra Bank, Reliance Industries, NTPC, State Bank of India, Tata Steel and Bharti Airtel were the major gainers.

The Power Sector PSU provides loans for infrastructure, Airports, Metros., power distribution, Renewable and even E-vehicle tech. Its loan book of REC exceeds Rs 4.74 Lakh crores.

The market capitalization of BSE-listed companies eroded by Rs 8,91,729.43 crore to Rs 3,50,19,998.87 crore.

The IPO, valued at Rs 1,200 crore, is a mixture of new equity issues amounting to Rs 350 crore and Offers for Sale worth Rs 850 crore.

More than 3.49 lakh units were sold across the top 7 cities in the first nine months of CY2023, against 3.65 lakh units in the entire 2022, said real estate consultant Anarock.

The move will help nearly 300 start-ups in the satellite industry flourish

Officials have already sent GST notices worth over Rs 1 lakh crore on these companies.

Interestingly, India has implemented savings programmes to attract foreign currency deposits from their non-resident citizens.

New Delhi: Sarvesh Tiwari, a veteran communications and PR professional was elected as the Chairman of Public Relations Society Delhi at its 3rd Annual General Meeting on Sunday. Tiwari with over two decades of experience, as PR strategist…

In calendar year 2022, IndiGo carried 78 million passengers on board (slightly above pre-Covid19 levels).

The company in an exchange filing said its Board of Directors (BoD) approved a proposed demerger of its energy business into a separate unit.

This is the company’s third round of layoffs as previously in two rounds, it fired about 550 employees.

The amount taken from the telco, as part of its earlier merger-related liabilities, is against its statutory licence fee and spectrum usage charge dues, it said.

ZEEL had approached Culver Max and Bangla Entertainment Pvt Ltd (BEPL) for an extension in the deadline to complete the proposed merger.

Director General of CIABC Vinod Giri in a statement has said that the trade deal with the EU on alcoholic beverages should be no different from the UK, negotiations for which are currently underway.