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SP Group invokes Jamsetji Tata, says Tata Sons IPO is a moral imperative

New Delhi, Oct. 10 -- The Shapoorji Pallonji Group, one of the largest shareholders of Tata Sons, on Friday called for a public listing of the company, making a rare public statement that referred to ... Read More


Adani sets out to raise Rs.30,000 crore for Terminal 2 of Navi Mumbai Airport

New Delhi, Oct. 8 -- The Adani Group's brand-new airport in Navi Mumbai is not even operational but the conglomerate is already going about raising funds for its second terminal, which is expected to ... Read More


JSW One to ramp up MSME loans, expand distribution with latest funding round

Mumbai, Oct. 6 -- A Rs.575-crore fundraise announced by JSW One Platforms on Monday will help the B2B e-commerce firm underwrite more inventory loans on its platform and grow its loan book five times ... Read More


Afcons shifts focus to Europe, Middle East amid Africa slowdown

Mumbai, Oct. 6 -- Leading infrastructure player Afcons Infrastructure Ltd is exploring opportunities in the Eastern European and Balkan regions to offset a slowdown in business from its conventional o... Read More


A fourth-generation heir's bold pivot-from sugar to bioplastics

New Delhi, Oct. 3 -- As Balrampur Chini Mills Ltd, a 50-year-old sugar producer in Uttar Pradesh, builds its first bioplastic plant, the company's fourth-generation promoter already has ideas on how t... Read More


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