- CIL supplies record coal to power sector this fiscal March 28, 2024Coal India Ltd has supplied 610.8 million tonnes of coal to the power sector in FY24 so far, 5% higher than 581.5 million tonnes during the same period of the last fiscal.
- What could bring Apple down? March 28, 2024Trustbusters, platform shifts and geopolitics could all hurt the iPhone-maker
- Byju's gets breather: NCLT allows EGM slated for March 29 amid $200 mn rights issue despite investor objections March 28, 2024Byju's, the beleaguered edtech giant, is seeing a glimmer of hope in its fight against a cash crunch. The NCLT has allowed the company to proceed with a crucial EGM scheduled for March 29. The EGM aims to increase Byju's authorised share capital, a necessary step for its $200 million rights issue.
- LVMH-backed L Catterton forms JV with former HUL chief Sanjiv Mehta for a new investment vehicle March 28, 2024L Catterton, which aims to deepen its presence in India, manages about $35 billion of equity capital across three multi-product platforms: private equity, credit, and real estate.
- Kotak Mahindra Bank share price up by 1%, after Company acquires Sonata Finance in ₹537 crore deal March 28, 2024As previously communicated in February 2023 and October 2023, the Kotak Mahindra Bank had expressed its intention to acquire Sonata Finance. Now finalized, this acquisition brings Sonata's extensive microfinance network under the Kotak Mahindra Bank umbrella.
- India's April-February fiscal deficit at Rs 15.01 lk cr, hits 86.5% of FY24 target March 28, 2024India's fiscal deficit for April-February of FY24 reached Rs 15.01 lakh crore, constituting 86.5% of the annual target. This figure compares to Rs 14.53 lakh crore during the same period last year
- No change in trade policy with India: Pakistan March 28, 2024The clarification from Pakistan's Foreign Office comes days after the new Foreign Minister Ishaq Dar said in London that Pakistan will seriously consider restoring trade ties with India that have remained suspended since August 2019.
- Indian economy can grow at 8 per cent till 2047: Krishnamurthy Subramanian March 28, 2024India's Executive Director at the International Monetary Fund, Krishnamurthy Venkata Subramanian, said India's economy could grow at 8% until 2047 if good policies are redoubled and reforms accelerated. He emphasised the need to strengthen the domestic economy and encourage job creation in the manufacturing sector through reforms in land, labor, ca […]
- India open to joining trade blocs with China if its economy is WTO compliant, says Piyush Goyal March 28, 2024India's trade minister, Piyush Goyal, expressed openness to joining trading blocs with China, provided the country's economy is transparent, open, and complies with World Trade Organisation rules.
- India emerges as key player in growth and innovation, global vegetable seeds market thrives: S&P GCI March 28, 2024The global vegetable seeds market, valued at around USD 8 billion in 2022, is expanding due to rising demand for diverse vegetable varieties worldwide. India, alongside China, Japan, and the United States, is a major player. Despite fragmentation, the market offers opportunities, driven by research, innovation, and hybridization, meeting evolving consumer pr […]
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