India’s largest port project eyes ₹300 bn debt raise to fuel Modi’s infrastructure push
Jun 20, 2025, at 12:16 am
Mumbai: The company building what is set to become India’s largest port has kicked off efforts to raise up to ₹300 billion ($3.5 billion) in long-term debt, providing lenders with a chance to participate in one of the signature infrastructure ventures under Prime Minister Narendra Modi’s government, The Economic Times reported.
Ellenbarrie Industrial Gases sets IPO price band at ₹380–₹400; issue opens June 24
Jun 19, 2025, at 09:57 pm
Mumbai: Ellenbarrie Industrial Gases Limited has announced a price band of ₹380 to ₹400 per equity share for its upcoming initial public offering (IPO), which opens for subscription on Tuesday, June 24, 2025, and closes on Thursday, June 26.
Tata Motors opens scrapping centres in Lucknow and Raipur to boost sustainable mobility
Jun 19, 2025, at 01:00 am
Mumbai: Strengthening its push for greener transportation and a circular economy, Tata Motors on Wednesday announced the opening of two new vehicle scrapping facilities—under its Re.Wi.Re (Recycle with Respect) initiative—in Lucknow, Uttar Pradesh, and Raipur, Chhattisgarh.
India's consumption set for steady revival, driven by tax cuts, pay hikes and easing rates: HSBC
Jun 18, 2025, at 11:35 pm
New Delhi: India’s consumer spending is showing early signs of a revival, Financial Express reported, citing HSBC Global Research projecting a significant boost in the coming years.
NHAI suspends Megha Engineering from fresh bids for a year over lapses in Kerala highway project
Jun 18, 2025, at 09:40 pm
Thiruvananthapuram: The National Highways Authority of India (NHAI) has suspended Megha Engineering & Infrastructures Limited (MEIL) from participating in any new tenders for one year, media reports said.
Jun 18, 2025, at 08:37 pm
Mumbai: The Securities and Exchange Board of India (SEBI) has barred former IIFL Securities director Sanjiv Bhasin and 11 others from accessing the securities market, accusing them of front-running trades before recommending stocks on television and social media platforms, Mint reported.
Jun 18, 2025, at 08:07 pm
The Indian government has granted Elon Musk's satellite internet venture Starlink a licence to operate in the country, paving the way for broader collaboration in satellite communications to support the Digital India initiative.
Vedanta to sell ₹7,500 cr stake in Hindustan Zinc; HZL board clears ₹12,000 cr expansion plan
Jun 18, 2025, at 04:35 pm
Mumbai: Vedanta Ltd is set to divest up to ₹7,500 crore worth of its stake in Hindustan Zinc Ltd (HZL) through block deals, offering shares at a discount of up to 10% from the previous close, Economic Times reported quoting CNBC-TV18.
Maruti Suzuki launches India's largest in-plant rail terminal at Manesar to boost green logistics
Jun 17, 2025, at 11:47 pm
Manesar (Haryana): Maruti Suzuki India Ltd (MSIL) has begun operations at India’s largest in-plant railway siding at its Manesar plant, marking a major milestone in its green logistics push.
India to ramp up uranium imports nearly 4x by 2033 to fuel nuclear push
Jun 17, 2025, at 11:14 pm
New Delhi: India has decided to significantly scale up its uranium imports to support a major expansion of nuclear power generation under its National Nuclear Energy Mission, Moneycontrol reported.
Jun 17, 2025, at 10:27 pm
Mumbai: Akash Ambani, chairman of Reliance Jio Infocomm, and Anant Ambani, executive director of Reliance Industries Ltd, have jointly topped the 360 ONE Wealth Creators list, each with a net worth of ₹3.59 lakh crore.
SBI slashes lending and deposit rates after RBI’s 50 bps rate cut
Jun 17, 2025, at 08:14 pm
Mumbai: India’s largest public sector bank, State Bank of India (SBI), has cut its lending rates by 50 basis points, passing on the benefits of the Reserve Bank of India’s (RBI) policy easing to borrowers, according to a PTI report.
Mukesh Ambani exits Asian Paints with ₹9,080 cr windfall after 17-yr bet: Report
Jun 17, 2025, at 08:10 pm
Mumbai: Mukesh Ambani has exited his long-standing investment in Asian Paints, turning an initial ₹500 crore stake into a staggering ₹9,080 crore profit over 17 years, Economic Times reported.
Jun 17, 2025, at 06:07 pm
Gurugram: US aerospace giant Boeing’s Head of Commercial Airplanes, Stephanie Pope, met Tata Sons Chairman N Chandrasekaran at Air India’s Gurugram headquarters on Monday, Reuters reported.
India to suspend rare earth exports to Japan, aims to cut China dependence: Report
Jun 13, 2025, at 08:34 pm
New Delhi: India has asked state-run IREL (India) Ltd to halt its rare earth exports to Japan and prioritise domestic supply, Reuters reported, citing sources, as New Delhi seeks to reduce its reliance on China and boost local processing capacity in the strategic sector.
Boeing shares drop nearly 8% after Air India Dreamliner crash in Ahmedabad: Report
Jun 12, 2025, at 09:47 pm
New York: An Air India Boeing 787-8 Dreamliner carrying over people crashed near Ahmedabad airport on Thursday, sending Boeing Co.’s shares down 7.8% in U.S. premarket trading, Reuters reported.
Finance Ministry dismisses reports on MDR for UPI as 'false and misleading'
Jun 12, 2025, at 12:01 am
New Delhi: The Finance Ministry on Wednesday firmly denied speculation that a merchant discount rate (MDR) would be levied on Unified Payments Interface (UPI) transactions, calling such claims “completely false, baseless, and misleading,” according to a report by ET Now.
Tata Electronics sends hundreds to Taiwan for training ahead of India’s first AI-enabled fab: Report
Jun 11, 2025, at 10:23 pm
New Delhi: Tata Electronics is accelerating its semiconductor ambitions by sending hundreds of employees to Taiwan for training as groundwork intensifies for its ₹91,000 crore fabrication (fab) unit in Dholera and ₹27,000 crore OSAT (outsourced semiconductor assembly and test) facility in Assam, sources told ET.
SBI hires 13,455 Junior Associates to enhance customer experience
Jun 11, 2025, at 08:16 pm
Mumbai: State Bank of India has hired 13,455 Junior Associates to enhance customer experience at the bank’s branches across the country.
IREDA raises ₹2,005.9 crore via QIP to bolster clean energy financing
Jun 11, 2025, at 06:06 pm
New Delhi: State-run Indian Renewable Energy Development Agency Ltd. (IREDA) has raised ₹2,005.90 crore through a Qualified Institutions Placement (QIP), reinforcing its financial base to expand funding for renewable energy projects across the country.
NTPC secures $750 million ECB loan to fund green and capacity expansion goals
Jun 11, 2025, at 05:48 pm
New Delhi: India’s largest power producer, NTPC Limited, has raised $750 million through an unsecured External Commercial Borrowing (ECB) syndicated term loan to fund its capital expenditure, furthering its strategic goals in renewable energy and capacity expansion.
SBI General Insurance appoints Mohd. Arif Khan as Deputy CEO
Jun 11, 2025, at 03:26 pm
SBI General Insurance, one of India's leading General Insurance companies, announced the appointment of Mohd. Arif Khan as the Deputy Chief Executive Officer (Deputy CEO).
Global economic growth is expected to decline this year, predicts World Bank report
Jun 11, 2025, at 09:27 am
Global economic growth is expected to decline this year due to increased trade barriers and policy uncertainty, the World Bank said in a report published on Tuesday.
World Bank retains India’s FY26 growth at 6.3% amid global uncertainty, trade tensions
Jun 10, 2025, at 11:18 pm
The World Bank has maintained its forecast for India’s economic growth at 6.3% for FY2025-26, citing heightened global uncertainty and rising tariffs as major headwinds affecting most economies.
Corporate India eyes $850 billion capex boom over next five years: S&P
Jun 10, 2025, at 11:01 pm
New Delhi: Corporate India is gearing up for a massive investment cycle, with capital expenditure expected to double to as much as $850 billion over the next five years, according to a new report by S&P Global Ratings.
World Bank data shows India’s poverty plunges while Pakistan sinks deeper
Jun 10, 2025, at 09:49 pm
New Delhi: India's sharp decline in poverty over the past decade stands in stark contrast to Pakistan's deepening economic woes, underlining the impact of governance, leadership, and fiscal priorities, World Bank’s recent data shows.
India poised to produce 1 in 5 smartphones globally by 2025 as firms shift away from China
Jun 10, 2025, at 08:50 pm
New Delhi: India is rapidly emerging as a global hub for smartphone manufacturing, with the country projected to account for nearly 20% of global smartphone production by 2025, according to a report by Counterpoint Research, as reported by Moneycontrol.
India-EFTA free trade pact to bring stability and $100 bn investment boost: Piyush Goyal
Jun 10, 2025, at 08:34 pm
New Delhi: Commerce and Industry Minister Piyush Goyal on Tuesday said the free trade agreement (FTA) between India and the four-member European Free Trade Association (EFTA) will foster stability, predictability, and long-term continuity for businesses across both regions, PTI reported.
Govt clears Micron and Aequs SEZ proposals to boost semiconductor and electronics manufacturing
Jun 10, 2025, at 05:57 pm
New Delhi: The government has approved two new Special Economic Zones (SEZs) proposed by Micron Semiconductor Technology India and the Hubballi Durable Goods Cluster (part of the Aequs Group), aimed at expanding semiconductor and electronic component manufacturing in the country.
TVS to unveil next-gen Apache RTR 200 4V
Jun 09, 2025, at 06:27 pm
TVS Motor Company (TVSM), a major player in the two and three-wheeler segments, on Monday unveiled the all new 2025 TVS Apache RTR 200 4V—celebrating 20 years of racing legacy, engineering excellence, and the trust of over six million riders worldwide.