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IREDA ropes in Indian Overseas Bank for co-lending to green projects

Jan 18, 2024

New Delhi, Jan 18 (IANS) The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Indian Overseas Bank for co-lending and loan syndication in financing renewable energy projects across the nation, the Ministry for New and Renewable Energy announced on Thursday. The partnership aims to…

NHPC shares down more than 4% on offer for sale by govt

Jan 18, 2024

New Delhi, Jan 18 (IANS) NHPC shares fell more than 4 per cent on Thursday after the central government announced an offer for sale of the company’s shares.NHPC was trading at Rs 69.80 down 4.4 per cent on BSE.The President of India, acting…

Business

Shriram Finance raises USD 750mn through Social Bond from International Bond Markets

Jan 18, 2024

Shriram Finance Limited (“SFL” or “Company”) One of India’s largest retail financing Non-Banking Finance company has successfully priced a USD

Business

Honda Motorcycle & Scooter India makes bold move to tackle counterfeit engine oil menace

Jan 18, 2024

In a significant stride towards safeguarding customer interests and bolstering the trustworthiness of brand Honda, Honda Motorcycle & Scooter India (HMSI)

Business

Tata CLiQ Luxury launches the ReLoved Store for timeless and authentic pre-owned products

Jan 18, 2024

Tata CLiQ Luxury, India’s premier luxury lifestyle platform, forays into the pre-owned category with the launch of the ReLoved Store by bringing

Business

LTIMindtree stock plunges more than 10% on disappointing Q3 results

Jan 18, 2024

New Delhi, Jan 18 (IANS) IT stock LTIMindtree plunged more than 10 per cent in trade on Thursday due to disappointing Q3 results. The stock is trading at Rs 5,604, down 10.7 per cent on BSE. Motilal Oswal Financial Services said in a…

Business

‘Amazon fired me’: Employee loses job who worked for 7 yrs over TikTok video

Jan 18, 2024

San Francisco, Jan 18 (IANS) An Amazon employee, who worked for the company for seven years, claimed that he was fired because he shared a video on TikTok in which he jokingly asked customers to stop ordering heavy items as he was tired of…

Business

Many weak small and mid-cap stocks in bubble zone

Jan 18, 2024

New Delhi, Jan 18 (IANS) Mid-cap and Small-cap stocks in general have become more expensive after the recent runup. Many weak (low growth plus low quality) mid-caps and small-caps are in bubble zone and caution is advised, says Vinay…

Business

Foreign portfolio investors recorded highest-ever single-day selloff on Jan 17

Jan 18, 2024

New Delhi, Jan 18 (IANS) Foreign portfolio investors recorded their highest-ever single-day selloff on January 17, as they turned net sellers of Indian equities after two days. FPIs offloaded equities worth Rs 10,578.1 crore, according to…

Business

YouTube laying off 100 employees from creator management teams: report

Jan 18, 2024

San Francisco, Jan 18 (IANS) Google-owned YouTube is reportedly laying off at least 100 employees from its creator management and operations teams. YouTube Chief Business Officer Mary Ellen Coe announced the layoffs internally, reports…

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