The auditors of Vedanta Group-owned CopperTech Metals have flagged substantial doubt over the ability of the company to continue as a going concern. This was revealed in the company’s US…
Author: Admin
SAIL unveils strategic priorities for FY27
To sustain strong financial performance, Steel Authority of India Ltd (SAIL) outlined its strategic priorities for FY27 on Monday. “Our performance in FY26 reflects the combined effect of marketing initiatives,…
Broker’s Call: Yash Highvoltage (Buy)
Target: ₹1,200 CMP: ₹700.00 Yash Highvoltage (YASHHV) is structurally positioned to benefit from India’s largest-ever power infrastructure build-out. The National Electricity Plan targets addition of 1,274 GVA of transformation capacity and 191,474 circuit…
Grasim Industries to invest ₹3,094 cr to add 1.10 lakh tpa Lyocell capacity in Karnataka
Grasim Industries, an Aditya Birla Group company, will invest ₹3,094 crore to add 1.10 lakh tonne per annum capacity of Lyocell at Harihar in Karnataka. The phase II expansion of…
Series A capital squeeze leaves start-ups stranded between seed and scale
India’s venture capital market is witnessing a growing disconnect between abundant seed-stage funding and increasingly elusive Series A capital, creating a funding bottleneck that is leaving many start-ups stuck in…
PSU OMCs facing daily losses of ₹600-700 crore as crude volatility surges
The PSU oil marketing companies (OMCs) are facing a daily loss of around ₹600-700 crore on an industry basis due to the volatility in crude oil prices on account of…
Impact of India’s revised edible oil packaging order could be far wider: SEA
The Solvent Extractors’ Association of India (SEA) has said that the impact of the recent decision of the government to revise the standard operating procedure (SOP) for edible oil packaging…
Gold ETF investors exits highest last week for this year; outflows continue for 4th week in a row
Investments in physically-based gold exchange-traded funds (ETFs) were negative last week, making net inflows negative for the fourth week in a row, data from the World Gold Council (WGC) showed.…
Moët Hennessy eyes bigger whisky play in India; launches Glenmorangie The Lasanta 15 Years Old
Highland single malt Scotch whisky brand Glenmorangie has launched The Lasanta 15 Years Old in India, completing its evolved age-led range of 12-, 15-, and 18-year-old expressions. The launch comes…
Airtel, Vi eye over ₹24,000 crore relief as Bombay HC quashes govt’s spectrum fee demand
In a relief for telecom operators Bharti Airtel and Vodafone Idea, the Bombay High Court on Monday quashed the government’s demand notices seeking one time spectrum charges (OTSC) over the…