New Delhi: India’s automakers have told the government that consumers are unlikely to adopt flex-fuel vehicles unless high-ethanol fuels such as E85 and E100 are priced significantly below , according…
Author: Admin
Oil India to ramp up exploration capex to ₹10,000 cr, boost output in FY27: CMD
New Delhi: State-run Oil India Ltd (OIL) plans to raise its exploration and production capital expenditure by over 10% to ₹10,000 crore this fiscal year, chairman and managing director Ranjit…
PM SVANidhi Scheme, PM Mudra Yojana may face loan repayment stress amid West Asia war
Policy planners expect some repayment stress to affect small-ticket loans disbursed under two flagship government schemes—PM SVANidhi Scheme and Pradhan Mantri Mudra Yojana—in the next few quarters as a fallout…
Centre firms up new land-transfer norms to help public asset monetization
NEW DELHI: Standardized valuation, identification of surplus land and norms for the transfer, exchange, lease and commercial sale of land are among the key features of a new framework that…
Muthoot FinCorp is trying to sell a fintech story without behaving like a fintech
Muthoot FinCorp Ltd, one of India’s largest gold loan non-banking finance companies (NBFCs), is seeking to raise up to ₹4,000 crore through an initial public offering, even as it attempts…
Insurers resist as customer comfort weighs on exec pay
Mumbai: The insurance industry is pushing back against parts of a proposed , arguing that some of the performance-linked metrics under discussion risk becoming overly prescriptive. The Insurance Regulatory and…
Boaz Weinstein’s Hedge Fund Takes Aim at Impax’s ‘Terrible’ Run
(Bloomberg) — As Boaz Weinstein’s hedge fund, Saba Capital Management, takes on one of the most high-profile environmental investment trusts in Britain, the standoff is morphing into a particularly brutal…
Canadian miner Sherritt International stops plan to dissolve Cuban joint venture
TORONTO (AP) — Canadian miner Sherritt International Corp. announced Tuesday it is no longer pursuing a plan to dissolve its Cuban joint venture, reversing a decision it announced last week…
Banks seek RBI relief on InvIT lending rules, warn 3-yr track record rule may slow infra monetisation & fresh funding
New Delhi: Banks have urged the (RBI) to ease the proposed lending norms for (InvITs), arguing that a mandatory three-year operational track record could slow and choke , said people…
Banks eye loans against mutual funds to tap young customers
Kolkata: More Indian banks are entering the business to tap younger, tech-savvy customers who increasingly prefer over low-yielding bank deposits. South-based private lenders such as and plan to get into…