The Reserve Bank of India (RBI) concludes its scrutiny of IndusInd Bank’s lending practices, specifically addressing allegations of loan irregularities. The RBI’s investigation, which focused on claims of evergreening loans…
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Hindustan Construction Company (HCC) and its joint venture partner, TPL, secure a significant contract worth ₹2,191 crore for the Indore Metro project. HCC holds a 55% stake in the joint…
GMR Airports has announced significant growth in passenger traffic. In February, the company handled over 10.1 million passengers across its airports, marking a 12.9% year-over-year increase. Furthermore, GMR Airports achieved…
The National Stock Exchange (NSE) index has opened with a decline of 0.20% in the pre-open trading session. This indicates a slightly negative sentiment at the beginning of the trading…
Kolte-Patil Developers and Blackstone have established a strategic partnership to propel residential real estate growth within India. The collaboration centers on the development of new residential projects and the expansion…
Steel Authority of India Limited (SAIL) announces a significant expansion plan for its Rourkela Steel Plant (RSP). The company commits to investing approximately ₹30,000 crore to increase the plant’s capacity…
RMC Switchgears announces it has secured a substantial order, projecting a one-time revenue opportunity of ₹229 crore. Furthermore, the company anticipates a recurring revenue stream of ₹91 crore over the…
Laurus Labs has invested approximately ₹83 crore in Krka Pharmaceuticals (India) through its participation in the company’s rights issue. This investment signifies Laurus Labs’ strategic move to bolster its stake…
Brent crude oil futures experience an uptick in early Asian trading, rising by 0.5% to $70.92 per barrel. This increase follows the United States’ announcement that it will continue military…
Zydus Lifesciences Limited announces it receives final approval from the United States Food and Drug Administration (USFDA) for Eluxadoline tablets, in 75 mg and 100 mg dosages. These tablets are…