Month: April 2023

Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of $5 billion in back-to-back foreign currency loans, the largest syndicated loan in India’s corporate history, sources … Read More

Billionaire Gautam Adani’s Adani Ports and Special Economic Zone Ltd (APSEZ) today reported 9 per cent growth in cargo handling at seaports it operates for fiscal year ended March 31. … Read More

Adani Ports and Special Economic Zone handled total of 32 MMT (million metric tonne) of cargo in March, recording a yearly growth of 9.5 per cent, it said on Wednesday. … Read More

Growth in India’s dominant services industry eased last month from February’s 12-year high due to a softer expansion in demand, according to a private survey, which also showed input cost … Read More

No fresh hires by 98% of surveyed firms; optimism drops to 8-month low | The Hindu

Bajaj Auto Ltd on Wednesday reported 2 per cent decline in total sales at 2,91,567 units in March as against 2,97,188 in the same month last year. Total domestic sales … Read More

The rupee appreciated by 24 paise to 82.08 against the US currency in early trade on Wednesday due to a weak dollar in overseas markets and forex inflows. At the … Read More

Indian shares opened slightly higher on Wednesday, aided by strong quarterly updates from finance companies and banks, while inflation concerns kept investors cautious a day ahead of the Reserve Bank … Read More

Rajiv Jain, the GQG Partners Inc. chief investment officer who bought almost $2 billion worth of Adani Group stock last month, sees the bet on the Indian conglomerate delivering a … Read More

Expects India’s contribution to developing Asia growth to rise as China’s impact wanes | The Hindu