Jindal Stainless plans a Rs 900 crore investment to expand its cold rolling capacity. This expansion will cater to growing demand from key industrial sectors. The company is also identifying a site for a massive Rs 40,000 crore manufacturing facility.…
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The market valuation of five top Indian firms decreased by Rs 1 lakh crore last week. TCS and Reliance Industries saw the largest erosion in their market capitalizations. Meanwhile, Bharti Airtel and LIC experienced significant valuation gains during the same…
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Indian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through ECB before December 2026. It also aims to gather USD 2 billion from FCNR(B) deposits, seeing good demand.…
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ONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing expanded production and new agreements. ONGC Videsh holds stakes in San Cristobal and Carabobo oil projects. The company expects to recover…
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The Standing Committee on Finance highlighted a significant 43 percent vacancy rate within DIPAM. It recommended establishing a dedicated task force to fill these 38 vacant positions promptly. This shortage severely impacts the department’s ability to manage public assets and…
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India could reach a $20 trillion economy by 2036 with reforms. This requires sustained rupee growth and appreciation, according to a research report. Services will become the principal engine of economic expansion, growing significantly. Proposed reforms span multiple sectors, including…
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