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July 7, 2023 10:03 AM

Adani Green mulls raising $1.5 billion to fund expansion

MUMBAI: Indian billionaire Gautam Adanis renewable energy unit is considering raising about 123 billion rupees ($1.5 billion) to fund his coal-dependent conglomerate’s green diversification, people familiar with the matter said, following the fallo...

July 7, 2023 10:03 AM

PW told to give 5 engines each mth to go first

NEW DELHI: The Singapore International Arbitration Court (SIAC) has directed Pratt & Whitey (PW) to deliver five engines per month between August and December 2023 to the airline. "Pratt & Whitney respects the interim arbitration ruling and will comp...

July 7, 2023 10:04 AM

HDFC merger: PSBs told to push depos

NEW DELHI: In the wake of the HDFC-HDFC Bank merger, finance minister Nirmala Sitharaman on Thursday instructed the chiefs of public sector banks to focus on mopping up deposits at a time when the state-run players have lost market share. A presentat...

July 7, 2023 10:04 AM

Sensex scales new peak despite weak

MUMBAI: A hawkish US central bank and sharply lower Asian markets notwithstanding, Dalal Street continued to rally on Thursday with the sensex closing 340 points up at 65,786, a new all-time high closing level. The day's gains came on the back of str...

July 21, 2023 12:43 PM

HDFC Bank merger: What will change for HDFC home loan borrowers?

HDFC Bank, India's largest private sector lender, is likely to complete its merger with its parent, Housing Development Finance Corporation Ltd (HDFC), by June 30, 2023. Now, the question is how this merger will impact borrowers. The proposed merged...

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