The Bihar government is preparing to list its power transmission company on the stock market in a move aimed at enhancing public participation in the state’s growth, a senior official…
Author: Admin
US Treasury to consult with insurance regulators on private credit lenders, sources say
* US Treasury plans meetings with insurance regulators, seeks details on leverage, liquidity * Consultations come as private credit lenders strained by asset quality, liquidity concerns * Bessent says private…
Listing boosts Orkla India’s appeal for talent and acquisitions: CEO Sharma
Norwegian consumer goods major Orkla, which owns Indian spice brands such as MTR and Eastern, is seeing growing opportunities for talent acquisition and mergers and acquisitions (M&As) after listing its…
IFC to up India investments 30% to $7 bn this fiscal, focus on local push, jobs
New Delhi: International Finance Corp. (IFC) aims to scale up its India investments by about 30% to $7 billion this fiscal year ending 30 June, said Sarvesh Suri, regional vice-president…
Wall Street Week Ahead: Investors to focus on March employment, retail sales, Powell’s speech amid ongoing Mideast war
Stock market investors entering the holiday-truncated week ahead will primarily focus on a dense sequence of economic data releases amidst persisting in West Asia. While domestic stock exchanges will be…
CTG Duty Free Looks to Earnings Catalyst to Snap 39% Rout
(Bloomberg) — China Tourism Group Duty Free Corp.’s shares may be poised to shift course after a weak run this year, as stabilizing sales and improving demand from its key…
US pharma giant Eli Lilly, Insilico Medicine secure deal worth $2.75 billion to bring AI-developed drugs to market
Pharmaceutical major has reached a $2.75 billion deal to bring drugs to the global market by using (AI) from Hong Kong-listed Insilico Medicine, the company announced on Sunday (local time).…
Government eases kerosene norms, allows sale via petrol pumps amid Iran war
The Centre has relaxed petroleum safety and licensing norms to enable wider distribution of kerosene, allowing its sale through select petrol pumps for a limited period, according to a Gazette…
Govt eases kerosene rules for quick household distribution amid LPG supply crunch due to West Asia war
The central government has today relaxed petroleum safety and licensing rules to allow faster distribution of kerosene to households, amid impact of the US-Israel-Iran war on supply of liquified petroleum…