LiveONGC to Invest $2 Billion in Mumbai Offshore to Boost Oil and Gas Output
India’s top oil and gas manufacturer ONGC will invest over $2 billion in coaching a record 103 wells on its key gas-bearing asset in the...
Category : BUSINESS
Value of LIC’s Investment in Adani Group Companies Turns Negative
According to CNBC-TV18 analysis, Life Insurance Corporation of India’s investment in Adani Group, India’s largest insurance company, has turned negative. Based on the December shareholding...
Yes Bank Launches Floating Rate Fixed Deposit Scheme
The Mumbai-based private bank said on February 23 that Yes Bank had launched a floating-rate fixed deposit scheme for domestic customers with a tenor of...
Abu Dhabi’s ADNOC to Raise $2 Billion from IPO of Gas Unit
On Thursday, state oil gigantic Abu Dhabi National Oil Co (ADNOC) set a price range for an IPO of its gas unit, raising $2 billion...
Railways to Achieve 100% Electrification Mark by 2024
The Indian Railways is shuffling closer to its mission of 100% electrification. On Tuesday, the Ministry of Railways mentioned that 3,375 Route Kilometers (RKM) had...
PE Fund Chryscapital Eyes $100 Million Capital in Lenskart
According to media reports, omnichannel eyewear merchant Lenskart is discussing with private equity fund ChrysCapital to raise $100 million (Rs 828 crore). The talks on...
Sri Lanka Investment Board Approves $442 Million Adani Green Wind Power Plants
On Wednesday, the Sri Lanka Board of Investments approved two wind power plants for India’s Adani Green Energy Ltd with a total investment of $442...
Adani Paid Full $1.2 Billion to Acquire Haifa Port, Says Israeli Envoy to India
On Wednesday, Israel’s envoy to India, Nargiron, said the embattled Adani Group had paid in full to acquire the Haifa port. As Israel and India...
SBI to Launch UPI-Based Real-Time Cross-Border Remittance Service
On February 22, the State Bank of India (SBI) said it would allow real-time foreign inward and outward remittance services through the Unified Payments Interface...
Adani Ports Repays Rs 1,500 Crore to SBI Mutual Fund, Aditya Birla Sun Life
Adani Ports and SEZ have repaid Rs 1,500 crore in loans and will repay another Rs 1,000 crore in commercial paper due in March. Adani...