Page 3568 - BS Premium

ONGC Videsh begins exploratory drilling in Bangladesh's Kanchan #1 well

The exploratory well is planned to be drilled to a depth of 4,200 metres and will be targeting two prospective formations; Kanchan #1 will be followed by drilling at two more locations

Hotels see green shoots of recovery as the fear of the pandemic recedes

But recovery in average daily rates remains some distance away

Bajaj Auto swaps stake in KTM to get a share in Pierer Mobility

PMAG ups stake in KTM AG from 51.7% to 98.2%; Bajaj Auto becomes indirect partner in all PMAG brands

Gautam Adani now Asia's second richest, earns Rs 1,000 crore daily

The tenth Hurun India rich list has Mukesh Ambani topping it for the 10th year in a row with Rs 7.18 trillion wealth - only 9 per cent up over 2020

Tata Steel sells entire stake in NatSteel Holdings for $172 million

Company retains wires business as part of downstream portfolio

BP invests about Rs 97 crore in BluSmart, its first fund in India

BluSmart will use the capital to expand its fleet of electric vehicles (EVs) and charging stations from its home city of Delhi to five additional Indian cities in the next two years

Aditya Birla AMC IPO fully subscribed on strong retail interest

The retail portion has already been subscribed 2x, HNI by 40%, and institutional investor portion by 6%

Post-Covid B2B recovery, price hikes to drive gains for Blue Dart

Near-term valuations, however, capture the upside

Markets factoring good show by India Inc in September quarter: Atul Bhole

Among sectors, the BFSI sector can throw up a positive surprise for the investors in terms of performance and the ensuing guidance

Fundraise of $200 mn triples Ola Electric valuation to $3 billion

In July 2019, Ola Electric raised $250 mn from SoftBank, when it was just a two-year-old firm. The investment made the fledgeling venture a unicorn

US bond tapering impact may hurt India, Indonesia less than other nations

Bonds from the two countries are already leading gains in emerging Asia this quarter, offering 3%-5% returns to dollar-based investors

Earnings of cement, FMCG, aviation cos at risk as oil, coal prices rise

In a recent report, analysts at Goldman Sachs suggested they see Brent crude oil prices at $90 per barrel by December 2021 on the back of a larger-than-expected demand-supply deficit

Rising US bond yields, oil price trim September stock market gains

After surging 5%, the Sensex ends the month only 2.7% up

Airtel unit Nxtra to invest Rs 5,000 cr to expand data centre business

Plans to build seven hyper-scale data centres that will triple its capacities and help India become a regional hub for data centres

Emami eyes entry into new segments via acquisitions, investment in startups

Firm began investing in startups over three years back ago when it bet on Helios Lifestyle; it has also invested in personal care company Brillare

Global tax talks race to resolve hurdles as time runs out: Report

OECD-led group aims to resolve issues by October 8 gathering

Facebook confronts Senators furious about Instagram's risks

"Facebook has shown us once again that it's incapable of holding itself accountable," said Blumenthal, the chair of the Senate Commerce Committee's consumer protection panel.

G-23 leaders slam Congress protest outside Kapil Sibal's house

Amarinder says Sidhu undermining Punjab CM's authority; meets NSA Doval

Recovery in volumes, shift to non-voice to lift ITeS SMEs: CRISIL Tracker

The sector operates in three key segments -- customer relationship management (CRM), knowledge, and transactions.

Explained: Why China is facing a power crunch and what it means

A power crunch across China has rippled from factory floors to homes, crimping growth forecasts for the world's second-largest economy