India’s Gross Domestic Product (GDP) grew 13.5% in the first quarter of FY22-23 compared to a year ago period helped by the base effect, thereby registering...
-
25th Mar 2023 | Updated at 01:00am 25th Mar 2023
India Inc wants RBI to go slow on interest rate hikes
India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...
Google adjusts India app store policy after CCI command
After failing to receive any quick remedy from the courts against the CCI order, which ruled that it had abused its dominant position and engaged in anti-competitive conduct in India, Google has begun to make modifications to its policies regarding...
Apple has planned to begin manufacturing its latest model iPhone 14 in India about two months after the product’s initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated
Bharti Airtel promoter Bharti Telecom will buy a 3.3% Airtel stake from Singtel (Singapore Telecommunications) for about £12.89 million in 90 days, according to a statement by the telecom company
Richest Indian Gautam Adani's ports-to-power-to-cement conglomerate is "deeply overleveraged" with the group predominantly using debt to invest aggressively across existing as well as new businesses, CreditSights, a Fitch Group unit, said
ArcelorMittal- Nippon Steel India (AM/NS India) has inked an agreement with India's Essar Group to buy certain infrastructure assets that are “strategic” to its steel-making operations in the country
Soumya Kanti Ghosh, the group chief economic adviser at State Bank of India, said he expects the GDP to grow up to 15.7 per cent in the first quarter of 2022-23 with more chances of the final numbers printing in higher, while Aditi Nayar, the...
'ReNew Power' based in India's Gurgaon has raised a $1-billion project loan through external commercial borrowings (ECB), tying up with 12 international banks for the finance. The company said it is the single largest project funding in Indian...
Adani Logistics, the wholly-owned subsidiary of Adani Ports and Special Economic Zone Ltd. has signed a definitive agreement to acquire ICD Tumb (Vapi) from Navkar Corporation for £83.5 million. The deal comprises the acquisition of the operational...
Japanese lender, MUFG Bank has announced that it has begun operations from Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, the capital city of Gujarat state. In May this year, the bank received final approval from the International...
