Russia-backed Nayara Energy has resumed exporting oil products using sanctioned tankers and exploring new markets after EU sanctions. The Indian refiner, which saw exports drop and crude runs cut, is now sending cargoes to the Middle East, Turkey, Taiwan, and…
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WeWork India announced its initial public offering price band. Shares will be priced between Rs 615 and Rs 648. The company aims to raise up to Rs 3,000 crore. Bidding for the IPO will commence on Friday, October 3. The…
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NCLAT upheld Reliance Retail’s decision to reduce minority share capital, dismissing a petition challenging the move. The tribunal noted non-promoter shareholders received a “fair value” of Rs 1,380 per share, a 56% premium, and the resolution passed with 99.99% approval,…
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All 51 applications by Indian auto companies to import heavy rare earth magnets remain pending with Beijing, while New Delhi’s restrictions such as Press Note 3 approvals and BIS clearances also stay intact.
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Jio Star India, a joint venture between Reliance Industries Ltd (RIL) and Disney, was created in November 2024 through the merger of Star India and Viacom18. The combined company was valued at $8.5 billion. In its September 26 order, the…
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The UK government has announced a 1.5-billion pound ($2 billion) loan guarantee for Jaguar Land Rover (JLR) to stabilise its supply chain following a cyberattack that halted production for nearly a month.
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