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PSBS classify RInfra's SPV as NPA
Several large public-sector banks (PSBS) classified loans to HK Toll Road, a special purpose vehicle (SPV) of Anil Ambani-run Reliance Infrastructure (RInfra), as nonperforming during the January-March quarter, according to sources in some of the big PSBs.
Cement stocks may remain tepid in near term
Likely weak demand over the next few months as the monsoon season gathers pace, coupled with no price hikes, may keep cement stocks tepid in the near term, believe analysts. As a strategy, however, they suggest investors accumulate related stocks on dips, encashing benefits of a rebound in the second half of the current financial year.
No poll jitters for MF scheme launches
Fund houses to provide better entry points after June 4
Scramble for ERP licence as doubts linger on mkt size
About a dozen players dive into the fray
Sunil Chhetri, Indian football's brightest star, to hang up his boots
World Cup qualifier against Kuwait on June 6 will be his last game
WATERED DOWN
As Bengaluru segues from a parched summer to torrential rains, citizen groups and authorities evaluate the city's future as India's IT capital
SUV sales drive M&M profit to beat estimates
Mahindra and Mahindra (M&M) has reported a 4 per cent jump in consolidated net profit for the fourth quarter of the 2023-24, riding on a 9 per cent year-on-year (Y-o-Y) growth in revenue to ₹35,452 crore.
Vi Q4 loss rings louder on higher finance cost
Arpu, revenue rise marginally; telco sees 4G subscriber base grow
Regulatory fee or unjust enrichment?
Regulators are empowered to levy fees for services rendered, not to impose tax-like levies to create surpluses for themselves
Netflix nears deal for NFL games, extending focus on sports events
Netflix Inc will air two National Football League games this Christmas Day, in the streaming TV giant's latest push into live events.
Xi, Putin call for political solution’ to Ukraine war
Both leaders warned of growing nuclear tensions between rival powers
No exception made in granting interim bail to Kejriwal: SC to ED
AAP chief refused to comment on Maliwal as police record latter's statement
INDIA bloc to disintegrate after June 4: PM at UP rally
Phrases such as \"Trinamool Congress (brand of) politics\" and \"bua-babua (aunt-nephew) bonhomie\", a reference to the political equation between West Bengal Chief Minister Mamata Banerjee and Samajwadi Party's Akhilesh Yadav made its debut in Uttar Pradesh's political discourse on Thursday.
Patnaik's candidature sows seeds of hope in arid, migration-hit Kantabanji
Last November, Bibhu Suna, 27, chose not to join his uncle on the annual migration to Hyderabad. He stayed back in Turekela, part of the Kantabanji Assembly constituency, and now works as a salesman at the Balangir district headquarters.
India's smallest constituency yearns for big change
In the bustling Chandni Chowk Lok Sabha constituency, each lane, each shop, and each vendor has a story to tell, a grievance to air, and a hope to share.
Policy flip-flops tear up onion belt
The space around a large banyan tree in the heart of Kanmandale near Nashik bustling with discussions about onions, tomatoes, and grapes.
Resolutions approved by NCLT hit record in FY24
At 269, resolution plans approved by the NCLT under the IBC in FY24, were up 42% from FY23
Lower crude prices may tilt imports towards Iraq, UAE
As of April, India imported more than 1.72 mn barrels per day from Russia
DFS MEETING WITH MAJOR BANKS, STAKEHOLDERS - FinMin asks SBI to look into co-lending issues
Tells lender to set up committee to study problems faced by banks
Vineet's legacy will shape industry for years
The Gurnani family extends its deepest condolences and mourns the passing of our beloved elder brother, Vineet Nayyar. His departure leaves an irreplaceable void in our lives, a chasm of loss that words cannot fill.
Vedanta plans to raise 8,500 cr viasecurities
Mining billionaire Anil Agarwal-led Vedanta Ltd on Thursday said its board has approved raising up to ₹8,500 crore through issuance of securities.
Al will be more disruptive than Cloud: MS India chief
Ghose, set to complete a year at the helm, says this has been a great phase
Hindujas' RCap buy faces further delay
Matter pending in SC; group firms to pay ₹9,661 crore to lenders only after all the clearances
World's largest sovereign wealth fund excludes Adani Ports & SEZ
Government Pension Fund Global (GPFG), which is the world's largest sovereign wealth fund and is based in Norway, on Wednesday said it had excluded Adani Ports and Special Economic Zone (APSEZ) India's largest port operator from investment owing to \"ethical considerations\" concerning the firm's sale of its port in Myanmar last year.
Soft US inflation data pushes markets higher
Indices post biggest gains in two weeks
M&M shifts to high gear with #37K cr investments
CEO says EVs will constitute 20-30% of its overall sales by 2027
Kansai Nerolac needs fresh coat to improve margins
Kansai Nerolac Paints has seen its market capitalisation (mcap) erode by over 5 per cent since May 3 after posting a subpar performance in the fourth quarter of 2023-24.
Cipla Promoters Offload 2.53% Stake For 2,637 Cr
Proceeds to be used for creating liquidity’ for philanthropy
US Protests: Why Are Faculty Voices Muted?
The silence of faculty underscores a shift where the pursuit of academic values takes a back seat to preserving financial interests
India's weight in MSCI equity index hits another high
India's weight in MSCI's Global Standard index, which tracks emerging market stocks, has risen to another record high, boosting prospects of more inflows into its equity markets.