Corporates

Court Orders Probe Agency To Reply To Naresh Goyal's Plea Challenging Arrest

Court Orders Probe Agency To Reply To Naresh Goyal's Plea Challenging Arrest

Press Trust of India | Wednesday September 20, 2023, Mumbai

The Bombay High Court on Wednesday directed the Enforcement Directorate (ED) to file its affidavit in response to Jet Airways founder Naresh Goyal's plea challenging his "illegal" arrest in a money laundering case linked to bank loan default.

Jindal Steel Gets Green Panel Notice Over Worker's Death In Molten Slag Incident

Jindal Steel Gets Green Panel Notice Over Worker's Death In Molten Slag Incident

Press Trust of India | Friday September 15, 2023, New Delhi

The National Green Tribunal (NGT) has issued a notice to Jindal Steel and Power Limited in connection with the death of a worker after hot or molten slag allegedly fell on him at the company's steel plant in Patrapali village in Raigarh district of Chhattisgarh.

REC Signs MoU With PFC For FYs 2023-24 And 2024-25

REC Signs MoU With PFC For FYs 2023-24 And 2024-25

NDTV News Desk | Saturday September 09, 2023, New Delhi

REC Limited signed an MoU with PFC as per the DPE Performance Evaluation System for FYs 2023-24 and 2024-25 for CPSEs on Friday.

Adani Ports, Adani Enterprises' Promoters Raise Stake

Adani Ports, Adani Enterprises' Promoters Raise Stake

NDTV News Desk | Saturday September 09, 2023, New Delhi

The promoters of Adani Ports & SEZ have acquired an additional 2.17 per cent stake in the company, according to exchange filings.

Adani Group Forms Joint Venture With Japanese Trading House Kowa Group

Adani Group Forms Joint Venture With Japanese Trading House Kowa Group

Press Trust of India | Friday September 08, 2023, New Delhi

Billionaire Gautam Adani's group on Friday said it has formed an equal joint venture with Japanese trading house Kowa Group for marketing of green ammonia and green hydrogen produced by the Indian conglomerate.

Amazon To Invest $3 Million In Nature-Based Projects In India

Amazon To Invest $3 Million In Nature-Based Projects In India

Press Trust of India | Monday September 04, 2023, New Delhi

E-commerce major Amazon on Monday said it will make an initial investment of $3 million in nature-based projects in India.

The Ambani Succession Plan: Isha, Akash, Anant Join Reliance Board

The Ambani Succession Plan: Isha, Akash, Anant Join Reliance Board

Edited by Chandrajit Mitra | Monday August 28, 2023

Reliance ushered in a new era of leadership with Nita Ambani stepping down from the board of directors and making way for her children Isha, Akash, and Anant.

Tata Communications Challenges Centre's Rs 991 Crore Licence Fee Demand

Tata Communications Challenges Centre's Rs 991 Crore Licence Fee Demand

Press Trust of India | Friday August 18, 2023, New Delhi

Tata Communications has challenged Telecom Department's Rs 991.5 crore licence fee demand pertaining to past years, in TDSAT, which has directed the DoT not to take any coercive action till the next hearing, the company said in a filing on Friday.

Adani Energy Secures $1 Billion Funding For Mumbai Green Energy Project

Adani Energy Secures $1 Billion Funding For Mumbai Green Energy Project

Asian News International | Monday August 07, 2023, Ahmedabad

Adani Energy Solutions Limited (AESL) on Monday announced it was successful in the financial closure for its $1 billion green HVDC (high-voltage direct current) link project.

SBI Posts Highest-Ever Quarterly Profit Of Rs 16,884 Crore

SBI Posts Highest-Ever Quarterly Profit Of Rs 16,884 Crore

Press Trust of India | Friday August 04, 2023, Mumbai

The State Bank of India (SBI) on Friday reported its highest-ever quarterly profit at Rs 16,884 crore in the April-June quarter of 2023-24 -- a nearly three-fold jump over Rs 6,068 crore in the year-ago period -- buoyed by a steep fall in bad loans and higher interest income.

Adani Enterprises Q1 Profit Jumps 44% To Rs 674 Crore

Adani Enterprises Q1 Profit Jumps 44% To Rs 674 Crore

Reuters | Thursday August 03, 2023, Bengaluru

Adani Enterprises on Thursday reported a 44% rise in quarterly profit, as performance at its new energy division offset weakness in the key coal trading division.

Adani Green Energy Net Profit Rises 51% To Rs 323 Crore In June Quarter

Adani Green Energy Net Profit Rises 51% To Rs 323 Crore In June Quarter

Press Trust of India | Monday July 31, 2023, New Delhi

Adani Green Energy on Monday reported a nearly 51 per cent rise in consolidated net profit to Rs 323 crore in the June 2023 quarter, mainly driven by higher revenues.

Jaypee Group's Flagship Firm Defaults On Rs 4,044 Crore Loans

Jaypee Group's Flagship Firm Defaults On Rs 4,044 Crore Loans

Press Trust of India | Friday July 07, 2023, New Delhi

Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 4,044 crore, including principal and interest amount.

Byju's Says Promoters Re-Invested Amount Raised From Secondary Share Sale

Byju's Says Promoters Re-Invested Amount Raised From Secondary Share Sale

Press Trust of India | Wednesday July 05, 2023, New Delhi

Edtech major BYJU's on Tuesday said its promoters have re-invested the entire amount raised by them through secondary sale of shares in the company.

"Aim To Double Every Four Years": HDFC Bank Managing Director After Merger

"Aim To Double Every Four Years": HDFC Bank Managing Director After Merger

Press Trust of India | Saturday July 01, 2023

The erstwhile HDFC's corporate headquarters at Ramon House already sports the HDFC Bank branding, and officials estimated that the entire exercise will be over in the next 24 hours.