May 14, 2024

Kumar Mangalam Birla’s Novelis plans $1.2 billion worth US IPO as early as June, targets $18 billion valuation

Novelis Inc., the aluminum products maker owned by billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd., is seeking to complete a planned US initial public offering as soon as early […]
May 14, 2024

Consumer demand leading import surge in textiles, gems and jewellery: Analysis

Increasing demand at the top-end for luxury and investment goods has upended the trade dynamics in the gems and jewellery, textiles and clothing sectors, according to […]
May 14, 2024

Govt to handhold exporters for defending RoDTEP benefits

The government is working out a mechanism to help exporters handle the investigations by importing countries on support extended to them under the Remission of Duties […]
May 14, 2024

India needs Rs 4.2 trillion investment for broadband push

The country would require over Rs 4.2 trillion investment under the public, private partnership (PPP) mode by 2030 for ubiquitous broadband penetration, according to estimates from […]
May 14, 2024

Coal imports for blending by domestic power plants down 32% in FY24

Coal imports for blending purposes witnessed a decline of 32% in FY24 at 23.92 million tonnes (MT) compared to 35.10 MT in FY23, an official data […]
May 14, 2024

Blinkit to focus on top 8 cities for dark stores

Zomato’s management on Monday emphasised that Blinkit will continue to focus on top eight cities, including Delhi-NCR, Mumbai and Bengaluru, to expand its dark store network […]
May 14, 2024

Apple iPhone 16 Pro information leaks: Brightness boost and advanced chipset expected

As Apple gears up for its annual September event, the tech world is abuzz with anticipation for the unveiling of the latest iPhone series, including the […]
May 13, 2024

Stock market outlook: Expect no deep and prolonged correction; Nifty may see low-teen upside by March 2025: UBS

The Indian stock market is witnessing a sharp correction and the benchmark Nifty 50 index has dropped more than 4% from its record high level. Sustained […]
May 13, 2024

ABB India share price jumps over 8% to touch 52-week high following strong March quarter results. Is it time to buy?

ABB India share price surged over 8% to touch a 52-week high on Monday’s session following its March quarter results. ABB India reported a more than 87% […]