Fitch Ratings on Thursday has affirmed the ‘BBB-‘ ratings on the $400-million senior secured notes issued by Adani Transmission Ltd. The outlook of the embattled Adani Group company is stable,…
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Zee moves NCLAT against NCLT admitting IndusInd Bank’s challenge to Zee-Sony merger
Zee Entertainment on Thursday moved NCLAT against NCLT admitting IndusInd Bank’s challenge to Zee-Sony merger. Zee Entertainment has filed an appeal in National Company Law Appellate Tribunal (NCLAT), seeking relief…
Hindenburg impact: Issues surrounding Adani Group will eventually hurt India’s growth, says top economist Nouriel Roubini
Top Highlights > Economist Nouriel Roubini said the recent saga surrounding the Adani Group is a symptom of a trend that will eventually hurt India’s growth. > Roubini said that…
Relief for SpiceJet? Carlyle likely to convert $100-mn debt into 5% stake in airline
Low-cost carrier SpiceJet is likely to get a much-needed lifeline from one of its biggest lessors, said reports on Thursday. Carlyle Aviation Partners has agreed to convert its outstanding lease…
46% of India Inc to offer double-digit salary hikes in 2023; top performers can get up to 16.5%
1. Three-fourth of Indian organizations are looking at 9-12 per cent salary hikes 2. India Inc continues to see high attrition of 21.4 per cent, which is driving a part…
Bengaluru: At G20 meeting, Yellen says looking to strengthen sanctions on Russia
US Treasury Secretary Janet Yellen stepped up calls on Thursday in Bengaluru for increased financing support to Ukraine to help it battle the year-old Russian invasion as the United States…
Hindenburg report may be blessing in disguise for Gautam Adani, says economist Swaminathan Aiyar
Adani-Hindenburg row: Economist Swaminathan Aiyar has said that the Hindenburg report could be a “blessing in disguise” for Gautam Adani and his business empire as it would bring some financial…
Indian Railways achieves milestone with electrification of entire BG Network in Uttar Pradesh
Indian Railways achieved a significant milestone in its electrification efforts on Wednesday, with the completion of the electrification of the Subhagpur-Pachperwa Broad Gauge (BG) route in Uttar Pradesh. This accomplishment…
How Vedanta’s weak semiconductor proposal has emerged as a promising one
1. Vedanta Foxconn joint venture to invest Rs 1,54,000 crore to set up a semiconductor plant in Dholera Special Investment Region near Ahmedabad 2. Both Vedanta Foxconn lacks semiconductor fab…
Global inflation will remain higher than pre-pandemic levels, warns Finance Ministry
With a slowdown in global growth giving rise to concerns about a global recession, most commodity prices have been easing since June 2022. In January 2023, however, they remained elevated…