China real estate trouble: Country Garden's entire offshore debt to be in default if payment not made today Lack of payment would make Country Garden the latest in scores of Chinese developers who have defaulted. The firm had last week warned about its inability to meet offshore debt obligations
Blackstone-backed ASK enters hedge fund biz, hires former Avendus executive ASK would first launch a long-short category-III vehicle registered with the Securities and Exchange Board of India, with a corpus of ₹1,500 crore
ICICI Securities Q2 Results: Net profit up 41% to ₹424 crore, total income ₹1,249 crore ICICI Securities' board has approved the payment of interim dividend of ₹12 per equity share, and fixed October 27 as the record date for the dividend payout.
CEAT Q2FY24 earnings: Net profit at ₹208 crore, revenue rises 5.5% at ₹3,053 crore Apart from this, the firm registered an EBITDA at ₹456.1 crore for September quarter od FY 23-24, compared to ₹203.1 crore a year ago. The EBIDTA margin was registered at 14.9 percent compared to 7 percent a...
Activist hedge fund Starboard Value acquires shares of Rupert Murdoch's News Corporation Activist hedge fund Starboard Value acquires shares of Rupert Murdoch's News Corporation as per sources.
Q2 Results outlook: After TCS, Infosys and HCL Tech, here is what to expect from India Inc's scorecard Q2 Earnings: Q1FY24 results exceed expectations with 30% Nifty PAT growth. Q2FY24 expected to continue the positive trend with 21% YoY growth, says Vinod Nair of Geojit Financial Services
Adani's ambitious Vizhinjam Port to revolutionise India's maritime landscape When Zhen Hua 15 — a heavy load cargo carrier sailing from the East China sea — unloads at Vizhinjam port this Sunday, it’ll do more than just set down the site’s first gigantic cranes. It’ll also put India on the map...
Need new iPhone every year? Apple CEO Tim Cook gives reason why Tim Cook also discussed Apple's environmental practices and the future of iPhones and sustainability
Indian Oil to invest ₹1,660 crore in NPTC JV for setting up renewable power plants Indian Oil Corporation has said that the company will invest ₹1,660.15 crore as equity in IndianOil NTPC Green Energy Pvt Ltd —a newly set up joint venture with energy NTPC Ltd—for setting up renewable power plants
RCAP acquisition: IRDAI rejection raises questions for Hinduja-led IIHL on funds' source Hinduja Group is raising a debt of $850 million from the leading foreign funds and banks to fund the acquisition of RCAP.
HDFC Bank, Wipro, ITC, HUL, Nestle India, other Q2 results to watch out for this week: Check list Major companies to announce Q2 results from October 16 to 21 include HDFC Bank, CEAT, Bajaj Finance, Wipro, Hindustan Unilever, Paytm, ICICI Bank, etc.
An index entry that comes with its own exits India’s inclusion in JP Morgan’s bond index could lead to large capital inflows but makes it vulnerable to capital flights