State-owned power giant NTPC on Tuesday said its board on June 29 will consider a proposal to raise up to Rs 12,000 crore through the issuance of bonds. The board of directors is scheduled to meet in New Delhi on Saturday, June 29, to consider issue of "secured/ unsecured, redeemable, taxable/tax-free, cumulative/noncumulative, non-convertible debentures up to Rs 12,000 crore", subject to approval of shareholders in the ensuing Annual General Meeting, a BSE filing said. NTPC is India's one of the leading power-generating companies. Читать дальше...
Certain sectors including beauty products, personal care, consumer electronics and consumer durables may face a tempering of growth, according to a report from consulting firm Deloitte. The decline is on account of the high volume of purchases post-pandemic that have created a high base for FY25, according to Deloitte's Future of Retail report. The report also highlighted a significant shift in consumer spending patterns with a rise in value-seeking buyers, which is evident across consumer businesses. Читать дальше...
The project will involve a 'state-of-the-art advanced materials site' on 35 acres in Beaumont, Texas
Gayathri Vasudevan, trustee at Sambhav Foundation, said the meeting focused largely on optimising the utilisation of existing funds
Sustained foreign helps indices log best day in over than two weeks
Motorola has unveiled the Razr 50 and Razr 50 Ultra. Apple rolls out iOS 18 developer beta 2 to eligible iPhones. Nokia launches three feature phones with built-in YouTube, YouTube Music, UPI apps
This can be done for public safety or during public emergencies
This trend had earlier started in the pizza space as competition intensified there, and now the same is being witnessed in the burger space
Vraj Iron and Steel on Tuesday said it has raised a little over Rs 51 crore from anchor investors a day before its initial share sale opening for public subscription. Those who have been allocated shares are -- Volrado Venture Partners Fund IV, Capri Global Housing Finance, Ashika Global Securities, Rajasthan Global Securities, Leading Light Fund VCC - The Triumph Fund and Astorne Capital VCC-Arven, according to a circular uploaded on the BSE website. Vraj Iron and Steel has allotted 24,78,259 equity... Читать дальше...
The ratio of short-term debt to foreign exchange reserves declined to 19.0 per cent at end-March 2024 from 22.2 per cent at end-March 2023
Addressing the 188th AGM of Bombay Chamber of Commerce & Industry, RBI Governor Shaktikanta Das says, "India is at the threshold of a major structural shift in its growth trajectory
$10.4 billion bond inflows since Sep '23
Among the five players who have won the bids, only Dalmia Bharat Refractories is affiliated with a major business group
Just like the post-pandemic recovery, the Indian inflation story is also 'K-shaped' and is hurting certain sections more than others, a foreign brokerage said on Tuesday. Rural consumers are more impacted by price-rise than their urban counterparts, economists at HSBC said, adding it outstripped the urban segment by 1.1 percentage point in May, mainly due to higher food inflation. "The same developments, driving a K-shaped recovery, seem to be driving K-shaped inflation dynamics," they said in a report. Читать дальше...
Owaisi defeated BJP's Madhavi Latha Kompella with a margin of 338,087 votes in the recent parliamentary election for a fifth consecutive victory from Hyderabad in Telangana
The benchmark 10-year yield ended at 6.9858 per cent, following its previous close of 6.9741 per cent
Pune (Maharashtra) [India], June 25: Bajaj Allianz General Insurance, one of the leading private general insurers in India, today hosted a workshop in Pune to familiarize hospitals on the benefits of enrolling on the National Health Claims Exchange (NHCX) platform. This initiative aligns with the General Insurance Council's directive to integrate hospitals with NHCX for a more streamlined healthcare claims process.
This funding would help the brand grow its market presence in India and the United States and promote the adoption of organic food
The firm claims that the latest funding comes even as it has $11 million in reserves. In total, it has raised $45 million in funding to date
Overall, 937,000 subscribers joined the National Pension System during FY24, 13.6 per cent higher than the 824,700 subscribers logged in the preceding financial year
The new 45-day payment rule for SMEs, effective April 2024, aims to ease working capital issues. While some SMEs welcome it, others fear adverse impacts on their businesses
Netanyahu's Likud party said the Supreme Court's ruling was 'perplexing', given ongoing efforts in parliament to agree on a new conscription law that would address the problem
The companies -- China Mobile, China Telecom and China Unicom -- have a small presence in the United States, providing cloud services and routing wholesale US internet traffic
Cash-strapped Sri Lanka has approved the debt restructuring deal with its creditors while the negotiations with international sovereign bondholders are to be continued further, cabinet spokesperson and minister Bandula Gunawardena said on Tuesday. Gunawardena also said that top treasury officials along with the minister of state for finance have been sent to Paris to sign the relevant agreements with the Official Creditors Committee which comprises two types of creditors called Paris Creditors and Non-Paris Creditors. Читать дальше...
Trouble could be mounting in the intra-state systems affecting power supply as states are still unwilling to bid out the lines at prices that would attract investors to upgrade capacities
