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The acquisition will help the Company in its foray into the e-commerce and fintech space.

In A Group

A Memorandum of Understanding (MoU) for the development of the 490 MW Arun-4 hydro electric project in Nepal has been signed in Lumbini, Nepal.

Crude oil recovered to trade above $110 per barrel on continued worries over Russia-Ukraine war and cautious US equities. US stocks ended mixed on Monday after as some disappointing economic data from the U.S., Europe and China weighed on sentiment. WTI Crude currently trades down 0.41% at $111 per barrel as rising US rig count weighs on the market. The number of total active drilling […]

With effect from 30 June 2022

RBL Bank has completed its first issuance of Basel III compliant unsecured and subordinated Tier 2 Notes aggregating to US$ 100 million with a tenor of 117 months to United States International Development Finance Corporation (DFC), Americas development finance institution. The Tier 2 issuance increases the Banks Total Capital Adequacy Ratio to 17.85%, enhancing the Banks overall capital adequacy. This is DFCs first investment in […]

The company is setting up a greenfield plywood manufacturing unit with the capacity of 13.5 million Sqm p.a. at district Sandila, Lucknow, U.P.

KEC International jumped 4.17% to Rs 385.55 after the company said that it has secured new orders of Rs 1,147 crore across its various businesses.

Civil business has secured orders in the residential, hydrocarbon and data centre segments in India.

INR is likely to see cautious moves after falling to record lows beyond 77 per US dollar in NDF market yesterday. Local equities moved up in last session though and it could offer some support to the INR. The barometer index, S&P BSE Sensex was up 180.22 points or 0.34% at 52,973.84. The Nifty 50 index gained 60.15 points or 0.38% at 15,842.30. The barometers […]