NEWS
Reliance to disrupt the Cola market with `Campa’
23 Oct 2024
Reliance Consumer Products Ltd (RCPL), the consumer goods arm of Reliance Industries, has revived the Campa Cola brand,
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Reliance Infra plans Rs10,000-cr small arms project in Maharashtra’s Ratnagiri district
23 Oct 2024
Reliance Infrastructure Ltd, which recently attained debt-free status and announced plans to raise fresh funds to drive business,
Adani acquires Orient Cement for Rs8,100 crore
22 Oct 2024
Adani Group company Ambuja Cements has agreed to acquire 46.8 per cent shares of B K Birla Group’s Orient Cement Ltd (OCL) for Rs8,100 crore.
Reliance Infra to raise Rs6,000 cr through equity and debt issue
22 Oct 2024
Anil Ambani Group company Reliance Infrastructure plans to raise over Rs6,000 crore through a combination of preferential share issue and qualified institutional placement.
China turns on world’s largest offshore wind turbine with 20 MW capacity
22 Oct 2024
China, one of the largest emitters of pollutant gases, also now operates the world’s largest wind turbine that is capable of generating 20 Mega Watt of clean electricity, which is enough to power 96,000 homes.
Adar Poonawala buys 50% stake in Bollywood studio for Rs1,000 cr
21 Oct 2024
Adar Poonawalla, CEO of the world’s largest vaccine maker, Serum Institute of India (SII), has agreed to buy a 50 per cent stake in Bollywood film studio Dharam Productions for Rs1,000 crore.
Putin pushes new cross-border payment system to end dollar dominance
21 Oct 2024
Russian President Vladimir Putin has revived hopes of pursuing the BRICS agenda of creating a new cross-border payment system that would allow nations to make financial transactions
Boeing workers to vote on new negotiated wage deal
20 Oct 2024
US aircraft maker Boeing Co and the union representing its striking machinists have reached a tentative deal to end a month-long strike that halted all manufacturing activity at Boeing’s West Coast facilities.
Elon Musk looks like winning his satellite internet gambit in India
20 Oct 2024
Elon Musk could still be able to extend the services of its Starlink, a constellation of telecom service satellites, if the government sticks to its policy of administrative allocation of radio spectrum for satellite services.
StanChart India sells Rs4,100-cr personal loan portfolio to Kotak Mahindra Bank
20 Oct 2024
Standard Chartered Bank, India (StanChart) is selling around Rs4,100 crore ($490 million) of outstanding personal loans to Kotak Mahindra Bank Ltd (KMBL).
JSW-JFF venture to buy Thyssenkrupp Electrical Steel India for $482 million
19 Oct 2024
A joint venture of JSW Steel and Japanese steel maker JEF Steel Corp is acquiring the Indian unit of German steel giant Thyssenkrupp for Rs4,051 crore ($482.1 million) in cash
Temasek arm Fullerton to take controlling stake in Lendingkart: report
19 Oct 2024
Fullerton Financial Holdings (FFH), the lending arm of Singapore-based investment fund Temasek, will be raising its holding in fintech start-up Lendingkart
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