After cement, billionaire Gautam Adani’s group and Kumar Mangalam Birla’s Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the high double-digit growth sector. In less than a month,
Haldiram has entered into an agreement with Temasek as part of which the Singapore-headquartered global investment firm will “acquire an equity stake from the existing shareholders” of India’s largest packed snack and sweets company and restaurant operator, according to a
‘I don’t see 88 per dollar now.’ Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Free stock photos from www.rupixen.com/Pixabay.com The rupee logged its highest monthly gain this March in over six years
In a significant move, state-run oil producer Oil India Limited (OIL) has finished drilling its first well in the Andaman sea while Oil and Natural Gas Corporation (ONGC) has just started drilling operations in the area, said officials. Photograph: Lucy
India and the US have decided to hold sector-specific talks in the coming weeks to finalise the structure of the proposed bilateral trade agreement (BTA), the government said on Saturday. Photograph: Lucy Nicholson/Reuters The engagement between the two countries came
The sweeping tariffs proposed across sectors by US President Donald Trump are scheduled to be imposed starting April 2, with most analysts worried about their impact on companies, and in turn the financial markets. Photograph: Evelyn Hockstein/Reuters Recently, the US
The output of eight key infrastructure sectors slowed down to a five-month low of 2.9 per cent in February, as against 7.1 per cent growth registered a year ago, according to official data released on Friday. Kindly note the image
India and the visiting US officials have decided to hold a wrap-up session on Saturday morning to conclude the three-day talks on the proposed bilateral trade agreement, government sources said. Photograph: Dado Ruvic/Reuters They said the discussions are at a
The country’s forex reserves jumped by $4.53 billion to $658.8 billion during the week ended March 21, the RBI said on Friday. Photograph: Lisa Marie David/Reuters In the previous reporting week, the overall reserves had increased by $305 million to
The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure. IMAGE: A man walks past a screen displaying the IndusInd
