Exclusive

Publication

Byline

Vedanta announces Rs.4,000 crore dividend, plans to raise Rs.8,500 crore

Mumbai, May 16 -- Anil Agarwal-led Vedanta Ltd on Thursday said that it will be raising Rs.8,500 crore of capital through either the equity or the debt route even as the metals and mining major declar... Read More


Rooftop solar subsidy scheme a billion dollar opportunity for Tata Power

New Delhi, May 12 -- The central government's rooftop solar subsidy scheme for households could present a $1 billion-plus business opportunity for Tata Power, the company's managing director Praveer S... Read More


How ABB India became a stock market darling

Mumbai, May 8 -- The Maharashtra Industrial Development Corporation's Satpur area, in Nashik, Maharashtra, is hardly remarkable. In fact, it is like any other industrial estate in India. A clang fills... Read More


RINL plant days away from shutdown due to coal supply crisis

Mumbai, May 8 -- Government-owned Rashtriya Ispat Nigam Limited (RINL) is just days away from shutting operations, as supply of raw materials to its Visakhapatnam steel plant is held up due to protest... Read More


Will Linde India really benefit from semiconductor business?

Mumbai, May 6 -- Investors in industrial gas giant Linde India find themselves in a quandary. The question here is: who will benefit from the potential semiconductor business? The company, its UK-base... Read More


A quiet Godrej billionaire gifts all riches to relatives

Mumbai, May 2 -- Reclusive Godrej billionaire Rishad Kaikhushru Naoroji has decided to gift most of his shares in group companies to nephews and nieces, an executive aware of the development said, in ... Read More


A quiet Godrej billionaire gifts all riches to relatives

New Delhi, May 2 -- Reclusive Godrej billionaire Rishad Kaikhushru Naoroji has decided to gift most of his shares in group companies to nephews and nieces, an executive aware of the development said, ... Read More


A quiet Godrej billionaire gifts all riches to relatives

New Delhi, May 2 -- Reclusive Godrej billionaire Rishad Kaikhushru Naoroji has decided to gift most of his shares in group companies to nephews and nieces, an executive aware of the development said, ... Read More


IFCI turns a corner with advisory biz; posts first profit in 7 years

New Delhi, May 1 -- Government-owned non-bank IFCI Ltd has finally turned the corner in the 2023-24 financial year, reporting a profit after seven consecutive years of losses following its expansion i... Read More


Godrej family to split 127-year-old business empire

New Delhi, May 1 -- The storied Godrej group that took birth as a lock-maker 127 years ago is finally dividing its assets, as its descendants choose to split the businesses to align with their differi... Read More