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Vedanta's copper arm in Zambia faces 'going concern' warning, shows SEC filing

New Delhi, June 8 -- The auditors of Vedanta Group-owned CopperTech Metals have flagged substantial doubt over the ability of the company to continue as a going concern. This was revealed in the compa... Read More


Moet Hennessy eyes bigger whisky play in India; launches Glenmorangie The Lasanta 15 Years Old

New Delhi, June 8 -- Highland single malt Scotch whisky brand Glenmorangie has launched The Lasanta 15 Years Old in India, completing its evolved age-led range of 12-, 15-, and 18-year-old expressions... Read More


PSU OMCs facing daily losses of Rs.600-700 crore as crude volatility surges

New Delhi, June 8 -- The PSU oil marketing companies (OMCs) are facing a daily loss of around Rs.600-700 crore on an industry basis due to the volatility in crude oil prices on account of the West Asi... Read More


Gold ETF investors exits highest last week for this year; outflows continue for 4th week in a row

New Delhi, June 8 -- Investments in physically-based gold exchange-traded funds (ETFs) were negative last week, making net inflows negative for the fourth week in a row, data from the World Gold Counc... Read More


Viyona Fintech gets NPCI Bharat BillPay certification as a BOU

New Delhi, June 8 -- Viyona Fintech India, an NPCI-certified Technology Service Provider, received certification as a Biller Operating Unit (BOU) under the Bharat Bill Payment System (BBPS) operated b... Read More


India expresses 'utmost concern' over escalation in West Asia conflict

New Delhi, June 8 -- Expressing 'utmost concern' over the dangerous escalation of hostilities in West Asia, India on Monday warned that the conflict is inflicting immense human suffering while dealing... Read More


Rupee records biggest single day fall in a month

New Delhi, June 8 -- The rupee on Monday almost ceded all the gains it made in the last trading session, recording its biggest single day fall in a month in the process. The Indian currency was weigh... Read More


As Mamata Fashions INDIA Bloc Agitation in Delhi, Her Own MPs Blueprint a Shift to NDA

New Delhi, June 8 -- Embattled Trinamool Congress chief Mamata Banerjee was in a meeting of her INDIA partners on Monday when senior party MP Kakoli Ghosh Dastidar declared that she, along with 19 TMC... Read More


Grasim Industries to invest Rs.3,094 cr to add 1.10 lakh tpa Lyocell capacity in Karnataka

New Delhi, June 8 -- Grasim Industries, an Aditya Birla Group company, will invest Rs.3,094 crore to add 1.10 lakh tonne per annum capacity of Lyocell at Harihar in Karnataka. The phase II expansion ... Read More


I want Canara Bank to become the preferred bank for the younger generation: Brajesh Kumar Singh

New Delhi, June 8 -- Canara Bank's new MD and CEO Brajesh Kumar Singh is betting on a younger customer base, digital banking and low-cost deposits to improve profitability, saying the lender will focu... Read More