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Business
India Ratings upgrades Adani Green Energy to IND AA-, outlook stable amid robust...
30 May 2024 1:26 PM IST
New Delhi, May 30: India Ratings and Research (Ind-Ra) on Thursday upgraded Adani Green Energy Limited’s (AGEL) long-term issuer rating to 'IND AA-’ from ‘IND A+’, saying the company’s outlook is stable. Among the key rating drivers are AGEL being the largest renewable developer in India with sound...
Business
EET Retail continues to deliver on ambitious expansion plans
30 May 2024 1:23 PM IST
Stanlow, May 29: EET Retail, the retail division of EET Fuels, has reopened two new service stations recently, with more expected to be opened throughout the year ahead. The newly branded Spalding service station and Oakham service station signal a new era of convenience and service for the Essar...
Business
Gautam Adani meets Japanese envoy, says his support for India 'truly inspiring'
30 May 2024 1:19 PM IST
Ahmedabad, May 29: Gautam Adani, Chairman of the Adani Group, said on Wednesday that he met Hiroshi Suzuki, Ambassador of Japan to India, adding that the envoy's appreciation for India's culture and his tremendous support for the country are "truly inspiring". In a post on X, Gautam Adani said he is...
Business
Rajeev Chandrasekhar welcomes US giant UPS to come and manufacture in India
30 May 2024 1:17 PM IST
New Delhi, May 29: Union Minister Rajeev Chandrasekhar on Wednesday welcomed American major United Parcel Service (UPS) for its plans to manufacture tags used in tracking packages in the country. UPS is a multinational shipping and supply chain management company founded in 1907. In a post on X...
Business
Razorpay POS launches 'Q-Zap' to enable faster checkouts, zero queues
30 May 2024 1:16 PM IST
New Delhi, May 29: Razorpay POS, the offline payments arm of the fintech major, on Wednesday launched 'Q-Zap', a payment solution for retailers, designed to enable faster checkouts and zero queues. With the help of Q-Zap, the company aims to redefine the in-store customer experience by reducing...
Business
Report on acquiring a stake in Paytm totally false: Adani Group
29 May 2024 1:25 PM IST
New Delhi, May 29: The Adani Group on Wednesday categorically denied a media report which claimed that the company is going to acquire a stake in digital payments company Paytm. A media report earlier claimed that the Adani Group was in talks with Paytm to acquire a stake in the fintech company,...
Business
Muthoot Pappachan Group announces Shah Rukh Khan as new brand ambassador
29 May 2024 1:24 PM IST
New Delhi, May 29: Muthoot Pappachan Group (MPG), a 137 year old leading business conglomerate in India, popularly known as Muthoot Blue, on Wednesday announced Shah Rukh Khan as its brand ambassador. This strategic collaboration represents a significant milestone for MPG, reinforcing its brand...
Business
India’s Digital Skill Hub to go global as ILO inks pact
29 May 2024 1:21 PM IST
New Delhi, May 28: The National Skill Development Corporation (NSDC) under the aegis of the Ministry of Skill Development & Entrepreneurship and the International Labour Organization (ILO) on Tuesday announced a strategic partnership to advance skill development and life long learning in India...
Business
Govt fine tuning new strategy on free trade pacts
29 May 2024 1:17 PM IST
New Delhi, May 28; Ministry of Commerce and Industry has chalked out a new strategy for negotiations in Free Trade Agreements (FTAs) which will lay greater emphasis on economic assessment and modelling of FTAs, services and digital trade in FTAs, and leverage India’s FTAs to address emerging areas...
Business
P&G Hygiene and Health Care appoints Mrinalini Srinivasan as new CFO
29 May 2024 12:59 PM IST
New Delhi, May 28: Procter & Gamble (P&G) Hygiene and Health Care on Tuesday announced the appointment of Mrinalini Srinivasan as the company's Chief Financial Officer from June 29. She will be taking over the role from Prashant Bhatnagar, who will leave the company after about 28 years of...
Business
Adani Enterprises Ltd to raise Rs 16,600 crore to expand biz
28 May 2024 4:50 PM IST
Mumbai, May 28: Adani Enterprises Ltd (AEL) on Tuesday announced to raise Rs 16,600 crore via qualified institutional placement (QIP) or other permissible mode in one or more tranches and in accordance with the applicable laws, as it aims to aggressively expand its businesses.The board of directors...
Business
Govt bonds worth Rs 29,000 crore coming up for auction on May 31
28 May 2024 4:48 PM IST
New Delhi, May 27: The Finance Ministry on Monday announced the sale of government bonds worth Rs 29,000 crore in three lots through auctions to be conducted by the Reserve Bank of India in Mumbai on May 31.The first lot comprises “New Government Security 2029” for a notified amount of 12,000 crore...
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