The Supreme Court directed central investigative agencies to conduct a time-bound, fair and transparent probe into alleged financial irregularities linked to the Reliance Anil Ambani Group (RAAG), while hearing a…
Category: Companies
Indian IT firms face subdued fourth quarter as war, AI concerns persist; weak rupee helps earnings
By Haripriya Suresh and Bharath Rajeswaran BENGALURU, April 6 (Reuters) – Top Indian information technology firms are set to report another lacklustre quarter, with revenue and profit seen rising around…
Luxury hotels in India are betting big on branded residences and serviced apartments
India’s luxury hotels are exploring ways to capitalize on their brands by going beyond room bookings and food and beverage sales. Chains such as Taj, Marriott, Leela, Oberoi and Sarovar…
Mesabi Metallics secures $150 m investment from Macquarie Group
Mesabi Metallics Company LLC, backed by Essar Group, has secured $150 million of financing from Macquarie Group, supporting the Q3 2026 startup of its Direct Reduction grade iron ore mine…
magicpin launches AI Assistant ‘Vera’ for restaurants, retailers
Food delivery and e-commerce platform magicpin on Monday announced the launch of AI Assistant ‘Vera’ for restaurants and retailers to gain real-time order volume insights for planning operations. During the…
Tata Steel gets demand notice of ₹1,755 cr for excess coal mining
Tata Steel has received demand notice of ₹1,755 crore for extracting excess coal from its mine in Jharkhand. The notice was issued by the District Mining Office, Ramgarh, Jharkhand allege…
Jindal Steel deploys syngas in furnaces to counter shortages of natural gas, LPG
Jindal Steel on Monday said it has deployed syngas in galvanising and colour coating line furnaces to counter the shortage of natural gas, LPG and propane, enabling the company to…
SC clears way for Adani’s ₹14,543 crore JAL plan
NEW DELHI/MUMBAI: The Supreme Court on Monday refused to stay implementation of Adani Enterprises Ltd’s ₹14,543 crore resolution plan for bankrupt Jaiprakash Associates Ltd (JAL), rejecting a challenge by mining…
CNG, EVs drive over a quarter of India’s car sales
One in four sold in India now runs on CNG or electric powertrains, signalling a steady shift in the passenger vehicle market towards alternative fuels, according to data from the…
SC clears way for Adani’s ₹14,543 crore JAL plan, keeps Vedanta challenge alive
NEW DELHI/MUMBAI: The Supreme Court on Monday refused to halt Adani Enterprises Ltd’s ₹14,543 crore resolution plan for Jaiprakash Associates Ltd (JAL), allowing implementation to proceed while keeping Vedanta Ltd’s…