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Tata Sons listing: RBI keeps its options open

MUMBAI, Oct. 1 -- A day after the Reserve Bank of India's deadline for the Tata Group to list its holding company, Tata Sons, passed, the central bank appears to be still weighing its decision, with g... Read More


Vedanta clarifies as $750 mn bond plan sparks mystery over $600 mn loan proceeds

New Delhi, Sept. 29 -- On Monday, when ratings agency Moody's disclosed that Vedanta Resources Ltd (VRL) is looking to raise $750 million through unsecured dollar bonds to refinance a $550 million loa... Read More


Waaree ramps up US capacity with 1 GW bargain buy, but controversies cast a shadow

Mumbai, Sept. 26 -- Waaree Energies Ltd's acquisition of a solar module assembly unit in a fire sale in the US could help it shore up its manufacturing capacity in that country and diversify its techn... Read More


The sun is shining on thermal power companies. Here's why

Mumbai, Sept. 23 -- Thermal power companies-long facing a negative outlook because of India's clean energy push-have seen their credit ratings improve in recent months, on the back of surging demand f... Read More


Vedanta is making a contrarian bet on renewable energy. Will it pay off?

Mumbai, Sept. 15 -- Vedanta Group, which houses India's leading aluminium and zinc production companies, is building a private energy business on a contrarian bet that providing round-the-clock green ... Read More


Sterlite is making a contrarian bet on renewable energy. Will it pay off?

Mumbai, Sept. 15 -- The Sterlite Group is building a private energy business on a contrarian bet that providing round-the-clock green power and making technological advancements will yield higher marg... Read More


CEO Warren Harris banks on AI as Tata Tech chases lofty $1 bn revenue target

Mumbai, Sept. 14 -- Tata Technologies Ltd, the engineering research and development (ER&D) unit of the Tata Group specializing in automotive industry, has set itself a lofty target to reach $1 billion... Read More


Uniform focus helps 120-year-old Mafatlal Industries sew up revival

Mumbai, Aug. 30 -- Mafatlal Industries Ltd, a 120-year-old textile company, shuttered its loss-making and less-profitable businesses while sharpening focus on its core strength of supplying uniforms, ... Read More


Reliance bets on Jio IPO, FMCG push and AI; markets signal caution

Mumbai, Aug. 29 -- Reliance Industries' 48th annual general meeting on Friday turned into a showcase of the group's next big bets-from setting a clear timeline for Jio's public listing to unveiling bo... Read More


Akash, Isha and Anant fully embedded in Reliance's operations, Mukesh Ambani says at company's AGM

New Delhi, Aug. 29 -- The next generation of promoters at Reliance Industries, including the three children of chairperson Mukesh Ambani, are fully embedded in the operations of the company and were s... Read More