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Home  Business

Business

Top 5 steelmakers lowering debt by Rs 35,000 cr

Top 5 steelmakers lowering debt by Rs 35,000 cr

  • Godrej Properties raises Rs 3,750 cr

    New Delhi: Realty firm Godrej Properties on Tuesday said it has raised Rs 3,750 crore through sale of shares to institutional investors. Last week, the company launched its qualified institutional placement (QIP) issue to raise up to Rs 3,750 crore. “The QIP committee of the board of directors of the company approved the issue and […]
  • BlackSoil NBFC raises Rs 22 Cr

    By issuing secured debentures to family offices and high net worth individuals on a private placement basis.
  • Nokia to cut up to 10,000 jobs

    The restructuring means the number of staff is expected to fall to 80,000-85,000 employees over a period of up to two years, Nokia said on Tuesday.
  • Two day bank strike successful: AIBEA

    Overwhelming majority of the bank branches remain closed and shutters are down, said C.H. Venkatachalam, General Secretary, All India Employees' Association (AIBEA).
  • Microsoft releases tool to protect customers against server attack

    Called 'Microsoft Exchange On-Premises Mitigation Tool', the security feature has been tested across Exchange Server 2013, 2016, and 2019 deployments.
  • Gland Pharma inks pact to supply 252 million doses of Sputnik V vaccine

    The company "will be leveraging its manufacturing capabilities for the production of Sputnik V COVID-19 vaccine," Gland Pharma said in a regulatory filing.
  • Apollo Hospitals highlights importance of MitraClip therapy for high surgical risk patients

    The minimally invasive method used in MitraClip therapy allows repair of a leaking mitral valve without open-heart surgery, Apollo Hospitals said.
  • Hero Electric sells 50,000 units in 2020

    The company further said its sales network has crossed the 600 touchpoint mark covering 500 towns and cities across the country.
  • RBI strengthening institutional mechanism to prevent bank frauds: FM

    The finance minister said the capacity of the RBI's regulatory and supervisory staff is being strengthened with specially tailored courses.
  • Sensex rises over 200 points in early trade; Nifty tests 15,000

    Asian Paints was the top gainer in the Sensex pack, rising around 2 per cent, followed by Titan, UltraTech Cement, Bharti Airtel, Infosys, Reliance Industries and M&M.
  • Caspian Debt to fund Rs 500 crore next fiscal

    Keen to extend funding to 500 entrepreneurs in next three years.
  • Govt to take care of job loss in strategic divestment: Thakur

    Minister of State for Finance Anurag Singh Thakur, during the Question Hour in the Rajya Sabha, said the government has a "clear and transparent" disinvestment policy.
  • Draft e-commerce policy moots conformity assessment procedures

    The policy, which is under discussion, also stated that actions and things which cannot be done by the online platform entities "can also not be done" by any of its associates and related parties.
  • WPI inflation rises to 4.17pc in February

    Similarly, the January inflation rate last month was higher on a year-on-year basis.
  • No proposal to bring petroleum commodities under GST: FM

    This meant that the central government continued to levy excise duty, while state governments charged VAT.
  • Exim Bank sees exports growing 4.9% in Q4

    Aggregate exports for FY21 are likely to be at $279.4 billion, down 10.8 per cent over FY20, the bank said.
  • Funding from family philanthropy in India triples in FY20

    According to the India Philanthropy Report 2021, co-created by Bain and Company and Dasra.
  • Ducati rolls out two BS-VI models of Scrambler bike

    “Scrambler is one of the most bohemian and maverick offerings from the house of Ducati. We are delighted to introduce the all-new Scrambler Nightshift and the Desert Sled," said MD of Ducati India
  • Ratan Tata invests in Pritish Nandy Communications

    "Ratan Tata, Chairman Emeritus of Tata Sons and Chairman of Tata Trusts, has, in his personal capacity, acquired a stake in Pritish Nandy Communications Ltd through market purchases last week," said PN Comm Ltd.
  • FM introduces Bill in Rajya Sabha to allow 74 pc FDI in insurance sector

    The Union Cabinet on Wednesday had gave its nod for amendments in the Insurance Amendment Bill 2021.
  • TITA to start AI programme from March 22

    TITA had earlier also imparted training in AI to make State’s youth job-ready.
  • IT dept, 5 Indian banks targeted in phishing scam: Report

    The targeted banks in the campaign include the State Bank of India, ICICI, HDFC, Axis Bank and Punjab National Bank, revealed an investigation by New Delhi-based think tank CyberPeace Foundation along with cybersecurity
  • CarDekho forays into connected vehicle tech with UPLINK

    The device is available at Rs 4,999 along with a one-year subscription and a GPS device with one year warranty.
  • Piramal Enterprises to cover COVID vaccination costs for employees

    The company will absorb the cost of COVID-19 vaccination for all its employees and their immediate family members that are eligible and choose to receive the vaccination in India.
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