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Tata Motors' finance unit to merge with Tata Capital

Finance

05 June, 2024

Tata Motors' finance unit to merge with Tata Capital

Tata Motors' vehicle financing unit will merge with non-banking financial company Tata Capital in a share swap deal, the Indian ......

Hindalco-owned Novelis postpones US IPO

Manufacturing

05 June, 2024

Hindalco-owned Novelis postpones US IPO

Hindalco Industries said on Wednesday its U.S-based unit Novelis has postponed its initial public offering (IPO) due to weak market ......

Rupee falls most in over a year as vote count shows narrower win for Modi-led alliance

Markets

04 June, 2024

Rupee falls most in over a year as vote count shows narrower win for Modi-led alliance

The Indian rupee slumped on Tuesday after vote counting trends signalled that Prime Minister Narendra Modi's Bharatiya Janata Party-led alliance ......

Sensex, Nifty plunge as Modi's likely weaker win leads to policy worries

Markets

04 June, 2024

Sensex, Nifty plunge as Modi's likely weaker win leads to policy worries

Indian stocks suffered their worst intraday fall since March 2020 on Tuesday, as vote counting trends in the general election ......

SEBI wants firms to make additional disclosures to fast track public offers

Markets

04 June, 2024

SEBI wants firms to make additional disclosures to fast track public offers

India's market regulator wants companies looking to go public to share more information as it seeks to fast track public ......

Rupee logs best intraday rise in more than five months

Markets

03 June, 2024

Rupee logs best intraday rise in more than five months

The Indian rupee rallied on Monday to log its best intraday performance since December 2023 after exit polls projected a ......

Reliance, financials push Sensex, Nifty to record highs ahead of election results

Markets

03 June, 2024

Reliance, financials push Sensex, Nifty to record highs ahead of election results

Indian shares surged on Monday, led by financials, index heavyweight Reliance Industries and energy stocks, after exit polls projected a ......

India's economy grows faster-than-expected 7.8% in Jan-March

Economy

31 May, 2024

India's economy grows faster-than-expected 7.8% in Jan-March

India's economy grew at a faster-than-expected pace of 7.8% year-on-year in the January-March quarter, helped by government spending and resilient ......

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Economy

31 May, 2024

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Asset reconstruction companies (ARCs) are being misused by "tainted" promoters to enter the bankruptcy process after leading their firms to ......

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Economy

31 May, 2024

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise ......