Reliance Industries is reportedly considering a foray into aluminium production. This potential venture could harmoniously align its upcoming coal gasification initiatives with metal manufacturing processes. The company has already acquired tender documents for a substantial bauxite block in Odisha. Meanwhile,…
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Kedaara Capital has acquired a majority stake in Tynor Orthotics for approximately $200 million. This significant deal provides an exit for investor Lighthouse Funds from the medical device maker. Tynor Orthotics manufactures orthopaedic supports and mobility aids for global markets.…
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Investors are planning to write to the Prime Minister’s Office this week. They allege mis-selling and substantial losses from a Carlisle product. The group also intends to approach the Reserve Bank of India. They are exploring legal action against HDFC…
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AI adoption presents new economic challenges for businesses today. Organizations struggle to manage escalating operational costs and demonstrate clear returns. Many companies delay AI deployments when benefits do not outweigh expenses. Effective AI cost budgeting and technology architectures are crucial…
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On Wednesday, Indian stock markets rallied, buoyed by a decrease in oil prices and renewed optimism surrounding the reopening of the Strait of Hormuz, following a resumption of talks with Iran. Both the Sensex and Nifty indices showed positive momentum,…
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India has built a climate finance framework over 18 years, but Ashok Haldia, former MD of PTC India Financial Services and former secretary of ICAI, argues that frameworks and announcements are no longer enough. This article examines why India needs…
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