- 2 Jan
- 2024
Sudipta Mukherjee has been named the new Managing Director of TEXMACO.
TEXMACO Rail & Engineering Ltd. has announced the appointment of Sudipta Mukherjee as its new Managing Director with effect from January 1. He previously served as the Deputy Managing Director of the company.
- 1 Jan
- 2024
Live Updates: ISRO launches XPoSAT to study black hole, marking a successful start to the New Year
ISRO initiated the New Year by launching the X-ray Polarimeter Satellite (XPoSat) along with 10 other payloads on Monday morning.
- 30 Dec
- 2023
"Indian economy to comfortably exceed 6.5 per cent GDP growth rate for FY24, says FinMin"
The finance ministry expects the Indian economy's GDP growth rate in 2023-24 to "comfortably" exceed its forecast of 6.5 per cent following the blockbuster data for July-September.
- 29 Dec
- 2023
"Tata Motors shares jump 6% to double money in 2023. What's fueling the rally"
A total of 2,11,18,340 Tata Motors equity shares worth Rs 1,655.5 crore changed hands so far. Meanwhile, the rally in the stock was also led by the government's plan to replace 800,000 diesel buses, more than a third of all buses on the road, with electric ones over the next seven years.
- 28 Dec
- 2023
"RBI releases latest list of domestic Systemically important banks, check changes here"
The Reserve Bank of India (RBI) released the latest list of domestic Systemically Important Banks (D-SIBs). ICICI Bank maintained its existing categorization, while State Bank of India (SBI) and HDFC Bank moved to higher buckets. SBI shifted from bucket 3 to bucket 4, and HDFC Bank moved from bucket 1 to bucket 2. The higher D-SIB buffer requirements for SBI and HDFC Bank will be effective from April 1, 2025.
- 22 Dec
- 2023
"Billionaire Adani’s green unit plans to raise $2 billion via debt next year"
Ahmedabad-based Adani Green Energy Ltd. is exploring various instruments including private placement of debt, offshore bank loans as well as dollar and rupee bonds, the people said.
- 21 Dec
- 2023
"Adani family plans $1 billion investment in green energy arm "
"Adani Green Energy Ltd. is looking to issue preferential shares to the company’s founders for meeting expansion and refinancing needs, according to the people familiar with the discussions who didn’t want to be identified as the talks are private. Shares rose as much as 6.7% in Mumbai after the news broke, paring this year’s loss to 20%."
- 19 Dec
- 2023
"Vedanta gets nod to raise up to Rs 3,400 crore via NCDs"
The duly authorised Committee of Directors at its meeting held today...considered and approved for raising, on a private placement basis, up to 3,40,000 nos secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) of face value Rs 1,00,000 each aggregating up to Rs 3,400 crore in one or more tranche(s)," the company said in a stock exchange filing."
