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Bhushan Power deal, Bhushan Power deal rejection, JSW Steel, JSW Steel Ltd, Supreme Court, Indian express business, business news, current affairs

Bhushan Power deal rejection: JSW Steel files review petition in Supreme CourtSubscriber Only

June 26, 2025 00:56 IST

Some of the lenders to BPSL have also filed separate review petitions. The court’s decision has raised concerns over the finality of resolution processes under the IBC and the fate of already-implemented plans.

Toyota Kirloskar Motor, Ohmium International, Toyota, green hydrogen, Toyota bets on green hydrogen, Indian express news, current affairs

Toyota bets on green hydrogen beyond mobility in new partnership with OhmiumSubscriber Only

June 26, 2025 00:07 IST

A hydrogen-based microgrid uses water to produce hydrogen through electrolysis, which is then either stored for later use or fed into a fuel cell to generate electricity on demand.

Adani Group Chairman Gautam Adani speaks during the company's Annual General Meeting (AGM) 2025

Adani AGM 2025: Gautam Adani plans to invest $15-20 billion annually for next 5 yearsSubscriber Only

June 24, 2025 13:42 IST

"No one from the Adani Group has been charged with violating the FCPA,” says Adani Group Chairman Gautam Adani

UGRO Capital, UGRO Capital acquires Profectus, Profectus Capital Pvt Ltd, Indian express business, business news, current affairs

UGRO Capital acquires Profectus for Rs 1,400 croreSubscriber Only

June 18, 2025 00:03 IST

Profectus has assets under management of Rs 3,468 crore as of March 2025, with presence across seven states.

india jets, planes, Embraer, business aviation, business companies, indian express

‘See huge blue ocean opportunity in India for regional jets, perfect fit between turboprops, larger planes’: Embraer’s Raul VillaronSubscriber Only

June 7, 2025 22:33 IST

"We feel turboprops now have a mature network in India and there aren't many growth opportunities left," says Embraer Commercial Aviation’s Head of Asia-Pacific Raul Villaron

Central Bank buys stakes in Future Generali life, non-life ventures

Central Bank buys stakes in Future Generali life, non-life venturesSubscriber Only

June 6, 2025 03:00 IST

It also bought a 25.18 per cent stake in Future Generali India Life Insurance Company Ltd (FGILICL) for a cash consideration of Rs 57 crore as part of the insolvency process.

US probing Adani Group link to Iran LPG trade, says report; firm calls it ‘baseless, mischievous’

US probing Adani Group link to Iran LPG trade, says report; firm calls it ‘baseless, mischievous’Subscriber Only

June 3, 2025 07:58 IST

This comes at a time when the Trump administration is rolling back on the enforcement of certain white-collar crimes, including cases related to foreign bribery and sanctions evasion.

Importers are now required to give their Chinese suppliers an undertaking that the rare earth magnets procured from that country would only be used in vehicles and not for defence or military applications.

Maruti Suzuki sees no immediate impact of Chinese magnet curbs, says govt ‘receptive & supportive’Subscriber Only

June 2, 2025 14:24 IST

Asked whether companies were looking at sourcing rare earth magnets from alternate regions, Bharti said: “That's a larger question that will need more deliberation and more studies. Where are other sources available?”

Reliance ammunitions

Anil Ambani’s Reliance Defence signs pact with German firm for artillery shells, explosives supply

May 22, 2025 22:13 IST

This is the third defence tie-up by the group after joint ventures with Dassault Aviation and Thales of France.

Vi

Why govt equity in Vi could ‘lose value,’ as telco raises survival fearsSubscriber Only

May 16, 2025 11:51 IST

Seeking a waiver on interest, penalty, and interest on penalty — together worth over Rs 45,000 crore — on its Rs 83,400 crore pending adjusted gross revenue, the company said that the staggering dues were preventing it from raising additional funding.

makemytrip

MakeMyTrip posts $29.2 million profit in Q4

May 14, 2025 20:20 IST

The company reported a net profit of $171.9 million in the January-March quarter of the previous financial year.

Tata Motors said it has welcomed the positive announcement of a US-UK trade deal.

Tata Motors profit down 51.18%, to pay Rs 6 dividendSubscriber Only

May 13, 2025 18:16 IST

"Tariffs and related geo-political actions are making the operating environment uncertain and challenging. The global premium luxury segment and Indian domestic markets are expected to weather this relatively better," the company said.

Synoptics Technologies

SEBI bars Synoptics Technologies, promoters for siphoning off IPO fundsSubscriber Only

May 7, 2025 01:14 IST

STL had disclosed that the target entities for the proposed strategic investment had not yet been identified

IPO Urban Company operates as an aggregator for skilled workers — electricians, plumbers, carpenters, cleaners, and beauty professionals — who typically earn more while working fewer hours.

Urban Company IPO: Home services provider readies for Rs 1,900-crore fundraise as skilled gig workers’ earnings outpace peers, salaried counterpartsSubscriber Only

May 6, 2025 20:50 IST

Urban Company plan to use the IPO proceeds primarily towards strengthening its technology and cloud infrastructure.

Deliveroo UK, doordash, london,

DoorDash agrees to acquire UK rival Deliveroo for USD 3.9 billion

May 6, 2025 16:06 IST

After the purchase of Deliveroo, and the 2022 acquisition of Helsinki-based Wolt Enterprises, DoorDash will operate in more than 40 markets worldwide.

The development comes as Starlink undergoes a security clearance for offering its services in the country, having already established retail partnerships with rivals Airtel and Jio.

India frames rules for Starlink, others: local manufacturing, data localisation, security cooperationSubscriber Only

May 7, 2025 06:37 IST

The Telecom Regulatory Authority of India (TRAI) is currently finalising the contours of the satellite spectrum allocation.

JSW Steel, controlled by Sajjan Jindal, and lenders are likely to go for appeal against the SC order as both the parties will suffer a setback if liquidation of BPSL is implemented

Bhushan Power saga: Why did Supreme Court reject JSW Steel takeover bid and order liquidation?Subscriber Only

May 5, 2025 09:21 IST

JSW Steel, lenders committee & Resolution Professional come under SC fire

Apple sells more than 60 million iPhones in the US a year, and in the last fiscal, it produced a total of $22 billion worth of iPhones in India

Apple confirms ‘majority’ of iPhones sold in US will come from India in near termSubscriber Only

May 2, 2025 11:02 IST

India received a relatively much lower tariff rate, and was also among the countries where the US paused retaliatory levies for 90 days.

IndusInd Bank received the Reserve Bank of India's approval on March 7 – three days before the disclosure of the derivative losses — to reappoint Sumant Kathpalia as its MD and CEO for just one year,

IndusInd Bank CEO quits after derivative losses of Rs 2,000 crore come to lightSubscriber Only

April 29, 2025 20:58 IST

IndusInd Bank CEO Sumant Kathpalia's resignation comes day after Deputy CEO put in papers; Kathpalia says he takes "moral responsibility, given the various acts of commission/ omission that have been brought to my notice".

A technician talks on his cell phone at the Photovoltaic Modules assembling plant of Adani Green Energy Ltd, in Mundra. (Reuters File)

US Indictment: Independent review found no irregularities, says Adani Green

April 29, 2025 18:47 IST

The DoJ has alleged that between 2020 and 2024, senior executives of Adani Green, Azure Power and CDPQ participated in a scheme to bribe Indian government officials to ensure the execution of lucrative solar energy supply contracts with government entities.

CSR spending, corporate social responsibility, HDFC Bank, HDFC Bank CSR spending, Reliance Industries CSR spending, TCS CSR spending, ONGC CSR spending, HDFC net profit, CSR law, CSR committee, unspent CSR funds, ease of doing business, Indian express

CSR spend: Listed firms record 16% rise to Rs 17,967 crore in previous fiscalSubscriber Only

April 28, 2025 09:58 IST

HDFC Bank topped the list with a CSR spend of Rs 945.31 crore, followed by Reliance Industries Rs 900 crore, TCS at Rs 827 crore and ONGC Rs 634.57 crore.

Reliance

RIL Q4 result: Reliance Industries’ net profit rises by 6.4% YoY to Rs 22,611 crore, announces dividendSubscriber Only

April 27, 2025 12:38 IST

RIL's board of directors also declared a dividend of Rs 5.5 per share for the year.

Apple CEO Tim Cook at the inauguration of an Apple store in Mumbai

Report says Apple plans to sell only India-made iPhones in US: What it meansSubscriber Only

April 26, 2025 02:41 IST

Apple sells more than 60 million iPhones in the US a year, and in the last fiscal, it produced a total of $22 billion worth of iPhones in India

icici bank

ICICI Bank Q4 earnings results: PAT jumps 18% to Rs 12,630 crore in March quarterSubscriber Only

April 20, 2025 03:56 IST

During the quarter, the bank reported treasury gains of Rs 239 crore as compared to a treasury loss of Rs 281 crore in the year-ago quarter

HDFC Bank

HDFC Bank Q4 earnings: India’s largest pvt lender’s profit rises 6.7% YoY to Rs 17,616 croreSubscriber Only

April 20, 2025 03:50 IST

Retail loans grew by 9 per cent, commercial and rural banking loans rose 12.8 per cent and corporate and other wholesale loans were lower by 3.6 per cent

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