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Adani Group's internal project manager to raise $1 billion via dollar-denominated bonds amid massive capex surge

MUMBAI, Dec. 18 -- A private company owned by billionaire Gautam Adani and his family has been entrusted to oversee the infrastructure projects of all listed firms of the Adani Group as part of the ty... Read More


Bombay High Court allows Hiremath siblings to include Bharat Forge shares in intra-family inheritance suit

Mumbai, Dec. 16 -- The Bombay High Court on Monday ruled in favour of siblings Sameer Hiremath and Pallavi Swadi, who pleaded the court to allow them to include the promoter shares of listed Kalyani G... Read More


BlackRock unit to back Grasim's clean arm with Rs.3,000 crore

Mumbai, Dec. 10 -- Global Infrastructure Partners (GIP), part of asset manager BlackRock, will invest up to Rs.3,000 crore in Aditya Birla Renewables (ABR) for a minority stake, Grasim Industries said... Read More


BlackRock unit to invest up to Rs.3,000 crore in Grasim's renewable energy platform

Mumbai, Dec. 9 -- Global Infrastructure Partners (GIP), part of the world's largest asset manager BlackRock, will be investing up to Rs.3,000 crore in Aditya Birla Renewables Ltd (ABR), a subsidiary o... Read More


Mumbai bids adieu to Simone Tata, mother of Tata Trusts chair Noel

Mumbai, Dec. 6 -- The city's tony Colaba neighbourhood saw family, friends and business associates of the Tata family gather on Saturday morning to pay their last respects to Simone Tata, the mother o... Read More


Adani's Ebitda, debt surge as businesses grow and group invests in growth

Mumbai, Nov. 24 -- The Adani Group's consolidated earnings before interest, tax, depreciation and amortization (Ebitda) surpassed Rs.90,000 crore on a trailing twelve-month basis for the first time du... Read More


Mahindra's bold 5-year plan wins analyst praise-but execution is the real test

Mumbai, Nov. 21 -- Analysts have endorsed Mahindra and Mahindra Ltd's (M&M) five-year outlook unveiled on Thursday, calling it ambitious and a potential trigger for a rerating of the stock. The real t... Read More


Global biz reset done, TVS Supply Chain now eyes margin boost

Mumbai, Nov. 19 -- TVS Supply Chain Solutions (SCS), whose wafer-thin margins and weak post-IPO performance have dampened investor sentiment since its 2023 debut, is looking to reset expectations afte... Read More


Q2 Adani Ports profits scale new highs, while Adani Enterprises falters on weak commodities business

Mumbai, Nov. 4 -- The board of Adani Enterprises Ltd, the group's flagship company, on Tuesday approved raising up to Rs.25,000 crore through a rights issue, even as the company's revenue and profit d... Read More


Return of the small car to even draw rivals: Maruti's Bhargava

Mumbai, Nov. 1 -- Maruti Suzuki India Ltd, which sells two out of every five passenger vehicles in India, has said that the revival in demand for small cars after the goods and services tax cut could ... Read More