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A quiet Godrej billionaire gifts all riches to relatives

Mumbai, May 2 -- Reclusive Godrej billionaire Rishad Kaikhushru Naoroji has decided to gift most of his shares in group companies to nephews and nieces, an executive aware of the development said, in ... Read More


A quiet Godrej billionaire gifts all riches to relatives

New Delhi, May 2 -- Reclusive Godrej billionaire Rishad Kaikhushru Naoroji has decided to gift most of his shares in group companies to nephews and nieces, an executive aware of the development said, ... Read More


A quiet Godrej billionaire gifts all riches to relatives

New Delhi, May 2 -- Reclusive Godrej billionaire Rishad Kaikhushru Naoroji has decided to gift most of his shares in group companies to nephews and nieces, an executive aware of the development said, ... Read More


IFCI turns a corner with advisory biz; posts first profit in 7 years

New Delhi, May 1 -- Government-owned non-bank IFCI Ltd has finally turned the corner in the 2023-24 financial year, reporting a profit after seven consecutive years of losses following its expansion i... Read More


Godrej family to split 127-year-old business empire

New Delhi, May 1 -- The storied Godrej group that took birth as a lock-maker 127 years ago is finally dividing its assets, as its descendants choose to split the businesses to align with their differi... Read More


Triveni Engineering may have to exit or pay more for Sir Shadi Lal Enterprises: InGovern

MUMBAI, April 30 -- Triveni Engineering & Industries Ltd (TEIL) may have to pay up more for acquiring a controlling stake in Sir Shadi Lal Enterprises (SSLE) than its current open offer, or exit its i... Read More


Input costs, election, Chinese imports to weigh on steel

new delhi, April 30 -- Major steelmakers are likely to take a hit in the March quarter due to a slowdown in domestic demand ahead of elections, and falling steel prices on account of aggressive compet... Read More


Input costs, election, Chinese imports to weigh on steelmakers' Q4 margins

New Delhi, April 29 -- Major steelmakers are likely to take a hit in the March quarter due to a slowdown in domestic demand ahead of elections, and falling steel prices on account of aggressive compet... Read More


Tata Steel, UK unions reach deal; stage set for electric furnace at Port Talbot

Mumbai, April 25 -- Tata Steel Ltd on Thursday said it has reached a formal agreement with trade unions in the UK, paving way for a £1.25 billion electric arc furnace project at its Port Talbot p... Read More


NCLT disposes of bankruptcy case against Reliance Infra's Mumbai Metro One

Mumbai, April 15 -- The Mumbai bench of the National Company Law Tribunal (NCLT) has disposed of corporate insolvency proceedings against Mumbai Metro One Pvt. Ltd, a unit of Reliance Infrastructure, ... Read More