More Indian lenders to appear in top 100 global banks list soon: RBI Guv Sanjay Malhotra
India will soon have more domestic lenders featured in the top 100 global banks list, given the pace of economic expansion and growth in the…
India begins anti-dumping probe on Polyester Textured Yarn exports from China
India has begun an anti-dumping investigation on imports of Polyester Textured Yarn (PTY) originating in or exported from China, based on an application filed by…
BigBasket raises Rs 200 crore via debt
Innovative Retail Concepts, the business-to-consumer (B2C) unit of BigBasket, has raised Rs 200 crore in debt from the Singapore-based DBS Bank. The company plans to…
Delhivery launches all-women distribution centre in Kochi
Logistics firm Delhivery on Thursday announced the launch of an all-women distribution centre in Kochi, Kerala, bringing the total number of such facilities across India…
Jeh Aerospace to set up second manufacturing unit in Telangana, plans $50 million investment
Aerospace and defence manufacturing startup Jeh Aerospace on Thursday launched its second manufacturing unit in Telangana and announced plans to invest $50 million (around Rs…
TCS gets $1 billion from TPG for its AI data centre business called HyperVault| Business News
Tata Consultancy Services Ltd. has raised $1 billion from TPG for its AI data centre business called HyperVault, as part of its endeavour to become…
India’s core sector growth remains flat in October, weakest in 14 months
India’s infrastructure output was unchanged in October from a year earlier, its weakest performance in 14 months, as declines in coal, crude oil and electricity…
RBI does not target rupee level; depreciation driven by dollar demand, says Governor Malhotra
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday clarified that the central bank does not aim for any specific level of the rupee,…
NHAI launches Raajmarg Infra Investment Managers for highway monetization
State-owned NHAI on Thursday said it is in the process of establishing Raajmarg Infra Investment Trust (RIIT) as a Public InvIT to unlock the monetization…
CAG asks Centre, states to follow uniform classification for recording expenses starting FY28
The CAG has asked the Centre and all the states to start using standard categories for recording government spending, to make accounting and auditing uniform…