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

Vedanta demerger: Govt's key objections range from loans taken against national assets to liquidity concerns

Mumbai, Aug. 22 -- The ministry of petroleum and natural gas has raised over a dozen objections to the proposed demerger of Vedanta Ltd into five listed companies, saying it could hamper the recovery ... Read More

Export panels, import panels - How Adani makes the best use of US solar tariffs

New Delhi, Aug. 21 -- The US clampdown on Chinese solar panels has landed the Adani Group in a win-win situation-The restriction has opened up the American solar market for one Adani group firm making... Read More

Gensol employees face threat of double tax liability

Mumbai, Aug. 13 -- Gensol Group companies deducted tax from employee salaries before going belly-up, but didn't deposit the tax deducted at source (TDS) with authorities for a year, four former execut... Read More

S&W flags non-disclosures by Embassy REIT, IPO-bound WeWork India in complaint to SEBI

New Delhi, Aug. 8 -- Sterling & Wilson Renewable Energy Ltd (S&W) has accused Embassy Office Parks REIT and WeWork India of failing to disclose material information to investors, in separate complaint... Read More

Renewables help Tata Power continue its profit growth streak for 23 quarters

New Delhi, Aug. 1 -- Profit from Tata Power Co. Ltd's renewable businesses outgrew quarterly earnings from coal-based power generation and distribution for the first time, helping the company report h... Read More

Vedanta Q1 profit falls 11%; Co drops plan to tap strategic reserves

Mumbai, July 31 -- Vedanta Ltd's profit for the April-June period fell by over a tenth from a year ago due to higher tax expenses, even as it produced the most zinc and alumina ever for a first fiscal... Read More

Vedanta's parent refunded part of brand fee amid ED scrutiny, says short-seller Viceroy

Mumbai, July 30 -- Vedanta Resources, the London-based parent of Vedanta Ltd, refunded a part of the brand fee paid by its India-listed subsidiary in FY24 amid scrutiny from the Directorate of Enforce... Read More

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