NEWS
Coal India's profit declines due to wage provisions
Coal India, the world's largest coal miner, has reported a second consecutive quarterly decline in profits, attributing the drop to increased provisio...
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Exide's Bengaluru lithium-ion plant eyes FY25 launch
Exide Industries is making swift progress in the construction of its greenfield lithium-ion cell manufacturing venture in Bengaluru, with the first ph...
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CCI greenlights 90% HDFC Credila stake purchase
The Competition Commission of India (CCI) has given its green light to the intended acquisition of a 90% equity stake in HDFC Credila Financial Servic...
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GMR Airports seeks Rs 50 bn expansion funds
GMR Airports Infrastructure Ltd announced its intention to raise funds amounting to Rs 50 billion in a board meeting scheduled for August 14. The meet...
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Telangana government nets crores from plot auction in Mokila
Not just Kokapet, but even the nearby communities of Mokila appear to be seeing record real estate prices. The state government won a 165-acre plot a...
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PE inflow in real estate rises 51% in Jan-Jun
According to Cushman & Wakefield, private equity investments in real estate increased by 51% year over year to Rs 24,680 crore in the first half o...
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Global funds eye Blackstone's 50% stake
According to people with direct knowledge of the negotiations, two Canadian pension funds, GIC of Singapore, and the Abu Dhabi Investment Authority (A...
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QIA Acquires Over 2.5% Stake in Adani Green Energy
Qatar Investment Authority (QIA), a prominent sovereign wealth fund, has recently obtained a stake in Adani Green Energy Ltd, surpassing 2.5% of the c...
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Brigade Enterprises Reports 66.14% Drop in Q1 FY24
Brigade Enterprises has announced a significant decline of 66.14 percent in its consolidated net profit for the quarter ending on June 30, 2023. The c...
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Star Cement's Q1 FY24 Net Profit Surges 38.05%
Star Cement announced a notable surge of 38.05 percent in its consolidated net profit for the quarter concluding on June 30, 2023. The company reporte...
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