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Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

General

27 May, 2024

Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

Hyderabad-based Megha Engineering and Infrastructures Ltd (MEIL) is selling its city gas distribution arm, Megha City Gas Distribution Pvt Ltd ......

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Sun Pharma-backed medtech startup EzeRx in talks with VCs, top PSU for funding

Healthcare

22 April, 2024

Sun Pharma-backed medtech startup EzeRx in talks with VCs, top PSU for funding

Medtech startup EzeRx Health Tech Pvt Ltd, which counts drugmaker Sun Pharma as its largest investor, is in talks with ......

Govt plans tough annual targets for state-run firms to boost valuations

Finance

21 December, 2020

Govt plans tough annual targets for state-run firms to boost valuations

India plans to set tough financial targets for state-run firms to try to improve their valuations ahead of a push ......

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Lockdown woes: Q1 revenue drops for three out of every four firms

Finance

07 August, 2020

Lockdown woes: Q1 revenue drops for three out of every four firms

The nationwide lockdown imposed to stem the spread of the coronavirus pandemic hammered India Inc. during the April-June period with ......

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As RIL's net debt turns zero, a look at companies carrying heavy loan burden

Finance

16 July, 2020

As RIL's net debt turns zero, a look at companies carrying heavy loan burden

India Inc.’s gargantuan debt problem is unlikely to be solved anytime soon as almost a fifth of the 500 most ......

Indian Oil buys stake in Israeli battery developer Phinergy

Manufacturing

05 February, 2020

Indian Oil buys stake in Israeli battery developer Phinergy

Indian Oil Corp, the country's top refiner, has bought a minority stake in Israel's Phinergy and signed a joint venture ......

Sensex rises a tad this week, Nifty falls

Markets

15 November, 2019

Sensex rises a tad this week, Nifty falls

Indian shares settled slightly higher on Friday, paring most of the gains made during the day as investors booked profits ......

Sensex, Nifty close higher to extend weekly gains

Markets

13 September, 2019

Sensex, Nifty close higher to extend weekly gains

The Sensex and the Nifty closed higher on Friday, led by a rally in banks and auto stocks, and notched ......

Nifty, Sensex end higher, but July their worst month this year

Markets

31 July, 2019

Nifty, Sensex end higher, but July their worst month this year

Indian shares ended higher on Wednesday, boosted by public sector banks and metal stocks, but recorded their worst month this ......

India plans to open up gas distribution market to lure private firms, investments

Infrastructure

16 July, 2019

India plans to open up gas distribution market to lure private firms, investments

The Indian government will introduce rules in six months that could lead to the phase-out of monopolies controlled by natural ......