Mirae Asset Credit Opportunities Fund has announced its outright acquisition of a pre-leased Grade A industrial asset at Bhiwandi, MMR for INR 130 Crs. The … Read more
Business and Finance
India’s GDP nearing to $20 trillion, per capita income at $10k by 2047, says Bibek DebroyIndia’s GDP nearing to $20 trillion, per capita income at $10k by 2047, says Bibek Debroy
India’s GDP will be close to USD 20 trillion by 2047 and per capita income may reach USD 10,000 (at current value of USD), Bibek … Read more
Festival tourism lends boost to Meghalaya’s economy
India’s tourism industry contributed $178 billion, or about 5.8 per cent, to the country’s gross domestic product in 2021. This will more than double to … Read more
Adani group takes control of NDTV, buys promoters stake at 17 pc premium to open offer price
On Friday, the Adani group fully took control of the news channel NDTV after purchasing the majority of the founders’ shares from Prannoy Roy and … Read more
Cong income through electoral trusts less than TRS, SP, AAP, YSRC; BJP got 72% donations: ADR report
The BJP received Rs 351.50 crore or 72.17 per cent of the total donations made to political parties by Electoral Trusts in 2021-’22, while the … Read more
Reliance to buy 51% stake in Lotus Chocolate for Rs 74 crore
Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Retail Ventures Limited, said on Thursday it will acquire a 51% controlling stake in Lotus … Read more
IRB Infrastructure Developers’ SPV raises Rs 700 crore
IRB Infrastructure Developers on Thursday said its special purpose vehicle — Udaipur Tollway Limited — has raised Rs 700 crore through the issuance of redeemable … Read more
India aims to double auto industry size to Rs 15 lakh cr by 2024 end: Gadkari
India is aiming to double the size of its automobile industry to Rs 15 lakh crore by the end of 2024, making it one of … Read more
DICGC settles claims worth Rs 8,516 crore in FY22
The Deposit Insurance and Credit Guarantee Corporation (DICGC) settled claims of Rs 8,516.6 crore in the last financial year and the bulk of them was … Read more
Honda Cars India partners with Indian Bank to offer attractive finance solutions
Honda Cars India (HCIL), a leading manufacturer of premium cars in India, has announced a tie-up with Indian Bank to provide easy, affordable and attractive … Read more