US-based boutique investment firm GQG Partners has ramped up its shareholding in two Adani group companies to more than 5 per cent in signs of its confidence in the group despite the damning report of a US short seller. On June 28, GQG bought $1 billion (Rs 8... More »
Welspun India Ltd (WIL), a global leader in home textiles and part of the $ 2.3 billion Welspun Group is expecting over two-fold rise in its domestic business from around Rs 650 crore last year to around Rs 2,200 crore by 2026, owing to the rise in demand in t... More »
By Ashutosh Joshi and Ishika Mookerjee Derivative contracts with a notional value of about $7.5 billion traded in Singapore will shift to India as a cross-border trading link between the two Asian countries’ top bourses gets fully operational on Monday. SG... More »
Dinesh Khara, the chairman of the SBI, inaugurated the hubs, on the occasion of the 68th foundation day of the bank. State Bank of India, on Saturday, launched 34 Transaction Banking Hubs at 21 district centres across the country with an aim to provide quick ... More »
Private sector investment is set to witness a significant increase, as capacity utilisation in several key sectors has already crossed 80 per cent and economic growth is estimated to be 6.7 per cent in the current financial year, newly elected CII President R ... More »