NEWS

British Airways joins Project Speedbird for cleaner aviation fuel

British Airways joins Project Speedbird for cleaner aviation fuel

17 Nov 2023

The project is supported by the British government with a £9 million grant from the Advanced Fuels Fund (AFF).

Boeing announces departure of chief strategy officer in 2024 amid company restructuring

Boeing announces departure of chief strategy officer in 2024 amid company restructuring

17 Nov 2023

Boeing’s chief strategy officer, Marc Allen, has decided to step down from his position by the end of this year.

Tata Technologies sets IPO band at Rs475-500 a share

16 Nov 2023

Tata Technologies, which is coming out with an initial public offer (IPO), has announced a price band of Rs475-500 per share for the offer-for-sale (OFS).

RBI hikes risk margin for consumer lending by banks, NBFCs

RBI hikes risk margin for consumer lending by banks, NBFCs

16 Nov 2023

Reserve Bank of India (RBI) has raised the risk weights in respect of consumer credit exposure of commercial banks, including personal loans,  by 25 percentage points to 125 per cent

Tesla plans to double auto components imports from India: Goyal

Tesla plans to double auto components imports from India: Goyal

16 Nov 2023

Commerce and industry minister Piyush Goyal has stated that the US electric vehicle maker Tesla plans to double its auto components imports from India.

Indo-Pacific Economic Forum signs Supply Chain Resilence Agreement

Indo-Pacific Economic Forum signs Supply Chain Resilence Agreement

16 Nov 2023

The Indo-Pacific Economic Forum (IPEC) on Tuesday signed a Supply Chain Resilence Agreement that aims to make the IPEF supply chains more resilient, robust, and well-integrated.

PRS Oberoi, former chairman of Oberoi hotels, passes away at 94

15 Nov 2023

PRS, who pioneered the luxury hotels business in India, also successfully expanded the Oberoi brand globally by developing Oberoi Hotels and Resorts.

IREDA looks to raise Rs2,150 through IPO priced at Rs30-32 a share

15 Nov 2023

State-run Indian Renewable Energy Development Agency’s (IREDA) Rs2,150-crore initial public offer (IPO) will open for subscription on Tuesday.

Sahara Group founder Subrata Roy passes away

Sahara Group founder Subrata Roy passes away

15 Nov 2023

Subrata Roy, founder of the Sahara Group, an all-inclusive business empire that spanned sectors, including finance, real estate, aviation, media, health and hospitality, passed away on Tuesday.

Tata Technologies IPO to open on 22 November

Tata Technologies IPO to open on 22 November

15 Nov 2023

Tata Technologies Ltd has come out with an initial public offer of shares in which shareholders of the company will sell a little over 15 per cent of the shares of the company.

RBI stops Bajaj Finance from digital lending

RBI stops Bajaj Finance from digital lending

15 Nov 2023

The Reserve Bank of India (RBI) has directed Bajaj Finance Ltd to stop sanction and disbursal of loans under its two lending products ‘eCOM’ and ‘Insta EMI Card’, with immediate effect.

Bahrain’s Investcorp looks to raise up to $548 m in yuan fund

14 Nov 2023

Encouraged by its successful share sale through an IPO, Investcorp Capital, an alternative asset manager based in Bahrain, is reported to be looking to raise 2 billion to 4 billion yuan

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