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IFC extends $500 mn loan to Axis Bank to fund green projects in India

This is IFC's first blue investment in India and the first blue transaction by a financial institution in the country, a statement said

Jio urges Trai to review consultation paper on satellite spectrum

Jio alleged that the paper is tilted towards administrative spectrum assignment which undermines norms of The Telecommunications Act, 2023

Hero Motors withdraws DRHP documents for raising Rs 900 crore through IPO

In its draft papers, the company had proposed to raise Rs 500 crore through a fresh issuance of equity shares and an offer for sale (OFS) of shares valued at Rs 400 crore by promoters

SAT stays Sebi order barring Omaxe, others from securities market for 2 yrs

In its ruling on October 1, the appellate tribunal said, "direction at paragraphs No. 41(1) and (2) shall remain stayed, subject to deposit of penalty amount by the appellant within four weeks"

RG Kar case: Medics continue fast-unto-death, to hold rally on Tuesday

The medics also announced organising a rally in Kolkata from central Kolkata's College Square to Dharmatala at around 4.30 PM on Tuesday to press for their demands

Kerala Assembly adjourned for the day after heated exchange between CM, LoP

Angry opposition members climbed the podium of Speaker A N Shamseer who tried to conduct the business amid the ruckus, and even held a black banner

Kalyan Jewellers Q2 revenue up by 39% on robust same-store-sales growth

During the recently concluded quarter, the company completed the first set of conversion of owned showrooms to FOCO (Franchise-Owned, Company-Operated) showrooms

Suraksha Diagnostic gets Sebi's go ahead to raise funds through IPO

As per the draft papers, the company will not receive any proceeds and all the funds will go to the selling shareholders as the issue is completely an OFS.

India, UAE to set up food corridor at $2 bn investment: Piyush Goyal

This matter has been under discussion for quite some time with the UAE Government coming, and with different states in India," Goyal said

Tax dept invites public inputs for I-T Act review to simplify provisions

The Finance Minister in the 2024-25 Budget presented in July had proposed that the I-T law review will be completed in six months

Foundation stone laid of Rs 732 cr coal handling projects in Jharkhand

The two plants will be an important step towards first-mile rail connectivity under which arrangements will be made to take the coal produced from the mines to the nearest railway circuit

Ashok Leyland begins electric truck deliveries to Billion Electric Mobility

The city-based company had bagged a contract to supply 180 electric trucks to Group BillionE which would be operated in the Chennai-Bengaluru, Chennai-Vijayawada routes

Hitachi Energy plans Rs 2,000 crore investment in India in next 5 years

The investments will be made towards expanding capacity of transformers, talent base and increasing portfolio, N Venu, MD&CEO, India and South Asia, Hitachi energy India said

Airbus will increase sourcing of components from India: CEO Guillaume Faury

The European major, which has bagged huge aircraft orders from IndiGo and Air India, doubled its sourcing of components and services from India to 1 billion euros

Jal Jeevan Mission: 160 mn rural families have access to tap water now

Aimed at bridging the rural-urban divide and improving public health, the mission's objective is to provide Functional Household Tap Connections (FHTCs) to every rural household by 2024

PCB chief confident of hosting Champions Trophy 2025 in Pakistan

The 2025 edition of the Champions Trophy is scheduled to start on February 19, and the final is on March 9. Lahore, Karachi, and Rawalpindi have been earmarked as the venues

Gold prices rise Rs 250 to hit fresh all-time high of Rs 78,700 per 10g

The precious metal had settled at Rs 78,450 per 10 grams in the previous close on Friday

Surya's comforting words helped us stay calm: Debutante Mayank, Nitish

Mayank, the 21-year-old pace sensation, made his debut here on Sunday after recovering from a recurring abdominal strain after playing only four matches in this year's IPL

Himachal govt took loans worth Rs 27,000 crore in 18 months: Anurag Thakur

The condition of roads is bad in the entire state and the chief minister's assembly constituency Nadaun is no exception, he said

Mohun Bagan refuses to travel to Iran, to be considered withdrawn from ACL

Keeping their players' "safety and security" in mind, Mohun Bagan Super Giant had last month decided against travelling to Iran for the October 2 match