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Studds Accessories raises ₹137 crore from anchor investors ahead of IPO

As per the circular, Studds Accessories has finalised the allocation of 23,35,836 equity shares to anchor investors at ₹585 per share, aggregating to about ₹136.64 crore

L&T appoints former G20 Sherpa Amitabh Kant as independent director

Last month, IT services company HCL Technologies had announced the appointment Kant as an independent director

Govt to allocate UAE trade pact gold quota via competitive online bidding

Under the agreement, India agreed to import up to 200 metric tonnes of gold annually from the UAE with a one per cent tariff or duty concession under tariff rate quota (TRQ)

Govt removes green clearance for pilot projects on coal gasification

The development assumes significance as government targets to gasify 100 million tonnes of coal by 2030

United Breweries Q2 profit declines 65% to ₹46 crore on weak beer sales

The company had posted a consolidated net profit of ₹132.33 crore in the second quarter of the previous fiscal year, United Breweries Ltd (UBL) said in a regulatory filing

GMB, APM Terminals Pipavav ink ₹17,000 crore MoU to boost Gujarat ports

Chief Minister Bhupendra Patel and A P Moller-Maersk Board Chairman Robert Maersk Uggla were present on the occasion

LIC Housing Finance Q2 profit up 2% to ₹1,354 crore on higher income

The company promoted by life insurance behemoth LIC had posted a net profit of ₹1,329 crore in the year-ago period

Early conclusion of India-EU FTA can make big difference: Jaishankar

The seven-member delegation is in India to push for finalisation of the long-awaited bilateral free trade agreement (FTA) between the two sides

Yes Bank lost over ₹2,700 crore in deals with Anil Ambani firms: CBI

The Federal probe agency's document said that further investigation was on regarding the role of Anil Ambani's son Anmol Ambani, the then executive director of Reliance Capital, in the case

AUS brace for tough challenge, Nitschke warns of IND's strong batting depth

The defending champions Australia, who are unbeaten in the World Cup so far, will take on hosts India in the second semifinal here on Thursday.

Frankly an outrage: Tharoor criticizes Sarfaraz Khan's India A omission

Tharoor, a cricket aficionado, also said the selectors are too quick to discard proven talent in order to take a punt on "potential".

Too much liberalisation of flying rights may hurt Indian airlines: A-I CEO

The Tata Group-owned Air India is working on revamping and expanding its fleet to offer more services amid rising air traffic demand

Cognizant Q3 profit up 7.3% to $5.4 billion, raises full-year outlook

Cognizant's third-quarter bookings included six deals of TCV $100 million or higher

Russia tests nuclear-powered submersible drone with unlimited range

President Putin said the Poseidon drone was launched from a mother submarine and is equipped with a nuclear power plant 100 times smaller than the reactor of a strategic submarine

BHEL Q2FY26 results: profit triples to ₹375 cr; revenue rises to ₹7,686 cr

The company had a consolidated net profit of ₹106.15 crore in the quarter ended on September 30, 2024, a regulatory filing showed

India-UK FTA: Rajasthan exporters see boost in gems, jewellery exports

As part of the FTA, which was signed in July this year and is likely to come into effect next year, duties on 99 per cent exports to the UK will be reduced to zero

Goldi Solar raises ₹1,422 crore from investors to boost capacity expansion

The company has raised a total of ₹1,422 crore from multiple investors, which includes consumer electrical goods maker Havells India and Kamath, who is the co-founder of the brokerage Zerodha

Trump, Xi to meet in South Korea to discuss long-term strategic ties

The two leaders will meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Busan

India's copper demand rose by 9.3% to 1,878 kilo tonnes in FY25: Report

The International Copper Association India (ICA India) released its copper demand report for FY2025. The country's copper demand was 1,718 kilo tonne in FY24

Kerala govt to review implementation of PM SHRI scheme, says CM Vijayan

He said a seven-member Cabinet sub-committee has been constituted to study the implementation of the central school scheme