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Mamaearth raises Rs 765 cr from anchor investors
The market would keenly watch the response the beauty and personal company receives it is seeking a valuation of over Rs 10,000 crore.
Adanis to invest Rs 4L cr in Mundra; To diversify into solar, wind energy
The official said almost all the solar panels made in Mundra is exported to the US and the remaining are sent to the world’s largest hybrid power park in Gujarat’s Khavda desert in Kutch district.
McDonald’s franchisee Westlife Foodworld leans South to power growth
Majority of new stores this year will be added in the South, the company said, adding that profitability is higher in some of the new towns than in Mumbai.
Rupee trades in narrow range against US dollar in early trade
Forex traders said the rupee is trading in a narrow range as sustained foreign fund outflows and strength of the American currency in the overseas market weighed on investor sentiments.
Lentil imports from Canada take a hit post diplomatic row
Imports between April and August from Australia increased to 3.11 LT, while imports from Canada stood at 2.8 LT despite lower price there.
BPCL Q2 net profit rises to Rs 8,243.55 cr as marketing margins improves
The profit was aided by a boost in marketing margins as a freeze on petrol and diesel price revision despite a fall in input crude oil prices helped recover losses incurred when rates were high last y
NTPC Q2 profit rises 38 per cent at Rs 4,726 crore on account of higher revenues
Total income increased to Rs 45,384.64 crore in the quarter from Rs 44,681.50 crore in the same period a year ago.
Vodafone Idea to invest big in 5G rollout: KM Birla
“We at Jio unleashed the fastest rollout of 5G witnessed anywhere in the world.
UltraTech to invest Rs 13,000 cr for 22 mtpa capacity expansion
The expansion will be funded by internal resources, according to the exchange filings by the company.
Data protection rules likely soon: Vaishnaw
Speaking to the reporters, he said in parallel, data architecture required for the data protection board is also being prepared.
Deepening ties: India’s bilateral trade with Riyadh at all-time high
Saudi Arabia is pursuing an economic diversification strategy beyond hydrocarbons to newer domains exploring innovative investment tools and new collaborations from across the world.
Murthy’s 70-hour week comment for youth sparks nationwide debate
Disagreeing with Murthy, upGrad founder Ronnie Screwvala in a post said boosting productivity isn’t just about working longer hours.
Mango exports up 19 pc to USD 47.98 million during April-August; US top destination
India has exported 2043.60 tonnes of mangoes to the US in the first five months of the current fiscal, an increase of 19 per cent over the same period last year, the commerce ministry said.
Markets continue to fall for 6th day running on weak global trends, foreign fund outflows
The 30-share BSE Sensex plunged 502.5 points to 63,546.56. The Nifty fell 159.55 points to 18,962.60.
Niti Aayog explores ways to address widening trade deficit with China
The development comes at a crucial time when the tensions between India and China have been escalating since the Galwan clash in June 2020.
Dominos likely to expand 20-minute delivery beyond Bangalore
The pizza chain that introduced Indians to the 30-minute delivery promise is pushing the envelope once again by offering a 20-minute delivery guarantee in select cities.
Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers
The Ford deal could set the pattern for agreements with the other two automakers, where workers will remain on strike.
Adani Group to raise USD 4 billion for green hydrogen projects
The fresh fund raising will be independent of France’s energy major TotalEnergies, which announced a joint venture for green energy projects with Adani Green.
Good times sentiment on the face of Retail Segment with festive season
Early signs from Onam and Durga Puja suggest that retail companies may report better growth this festive season compared to the last, with online spends seen up 20%.
Govt sees ‘hope’ in high retail loan growth
The banking regulator – Reserve Bank of India – however, has asked banks and NBFs to be cautious with personal loans recording high growth.
