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Economy
Warren Buffett won’t pay even $25 for all Bitcoin in the world
San Francisco: As Bitcoin hovers in the range of $38,000-$40,000 per digital coin, billionaire Warren Buffett has said that he will not even pay $25 for all the Bitcoin in the world.
Addressing Berkshire Hathaway's annual shareholder!-->…
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NCLT notice to Emaar India Ltd on MGF Developers’ plea
New Delhi : The National Company Law Tribunal has issued notice to Emaar India Ltd, asking it to file a status report on a plea filed by its erstwhile joint venture partner MGF Developers Ltd.
The respondent (Emaar) is directed to file a!-->…
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KVIC sole FMCG to post Rs 1.15 lakh cr turnover
New Delhi : The Khadi and Village Industries Commission (KVIC) has clocked a massive turnover of Rs 1.15 lakh crore, which is unprecedented for any FMCG company in the country.
This makes KVIC the only company in the country to record a!-->…
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P&G’s Hyderabad site to become its largest facility in India
Hyderabad : Procter & Gamble's Hyderabad site is on the way to become the FMCG giant's largest consumer care facility in India.
Spread on 170 acres at Kothur on the outskirts of Hyderabad, it added a new state of the art liquid!-->…
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L&T Finance to grow its retail portfolio, cut real estate and infra exposure
Chennai : Planning to grow its retail loan business non-banking finance company while reducing exposures to some sectors, L&T Finance Holdings Ltd is looking at bringing in promoters for real estate projects to complete some projects,!-->…
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Sakthi Sugars to sell Odisha sugar plant
Chennai: Coimbatore based sugar major Sakthi Sugars Ltd on Monday said it will sell its sugar and distillery units in Odisha and the soya factory in Tamil Nadu.
The company's board approved the sale of these two plants at its meeting.!-->…
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Vedanta Aluminium announces long-term sourcing of 380 MW renewable power
New Delhi: Vedanta Aluminium, Indias largest producer of aluminium, has announced long-term sourcing of 380 MW of renewable energy for its Aluminium Smelters.
Some 180 MW of this RE will be for the Aluminium Smelter at Jharsuguda,!-->…
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‘Gold prices likely to witness pressure on anticipation of Fed’s aggressive policy…
New Delhi: Gold prices have historically inched higher during the times of Akshaya Tritiya, but this time amidst the rising anticipation of the Fed's aggressive policy stance, the yellow metal could see some pressure on the price front,!-->…
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India gets its 100th unicorn in neobank platform Open
New Delhi: India on Monday welcomed its 100th unicorn, which is Bengaluru-based neobank platform Open, that raised fresh funds as part of its Series D round, taking its valuation to $1 billion.
The new round was led by Mumbai-based!-->…
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Mumbai airport to remain shut 6 hrs on May 10
Mumbai: The Chhatrapati Shivaji Maharaj International Airport here will remain shut for all flight operations for six hours on May 10 to carry out pre-monsoon maintenance and repairs, an official said on Monday.
For this purpose, both!-->…
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