Category : Search result: shell companies


India's ₹3 Lakh Crore Discom Debt Crisis

India's struggling power distribution companies (discoms) are drowning in debt. A new financial relief package aims to break the cycle, but will privatization and reforms bring lasting change?

India: Market Dynamics Guide Our Russian Oil Purchases

India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.

Wipro to Ring NYSE Closing Bell on October 31

Indian IT giant Wipro prepares for a landmark moment as it rings the prestigious closing bell at New York Stock Exchange on Halloween, marking global recognition of India's tech prowess.

AI Will Destroy First Big Tech Company Soon: Expert Prediction

Renowned AI expert Pedro Domingos makes shocking prediction about which tech giant will be first to fall victim to artificial intelligence disruption. Find out why he believes the AI revolution will claim its first Big Tech casualty sooner than we think.

L&T Q2 Profit Jumps 45%, Stock at Lifetime High

Larsen & Toubro delivers stellar Q2 performance with 45% YoY net profit surge, riding high on Middle East projects and digital infrastructure boom. Discover how India's engineering giant is capitalizing on global opportunities.

Cipla Shares Fall 4% After Q2 Results

Cipla's stock faced significant pressure after Q2 FY2025 results revealed margin pressures despite revenue growth. Discover the key factors behind the 4% decline and what analysts are saying about the pharmaceutical giant's future prospects.

SC: No insurance denial for route deviation

Supreme Court delivers historic judgment protecting accident victims - insurance companies must pay compensation even if vehicles deviate from approved routes. Major win for consumer rights in India.

Nvidia's Jensen Huang Wealth Soars Past Ballmer, Dell

Nvidia CEO Jensen Huang's net worth soars as AI chip giant hits historic $5 trillion market cap, overtaking tech titans in global wealth rankings. Discover how Huang's vision transformed Nvidia into the world's most valuable company.

Mittal's Indian refinery stops Russian oil imports

In a significant strategic shift, Nayara Energy, part-owned by steel magnate Lakshmi Mittal, has stopped purchasing Russian crude oil. This move comes as Western sanctions tighten and payment complications escalate.

Sam Altman: OpenAI Might Leave California

OpenAI CEO Sam Altman reveals he threatened California's Attorney General with moving operations out of state amid regulatory disagreements. Exclusive details inside.

L&T Q2 Profit Surges 16% to ₹3,926 Crore

Engineering giant Larsen & Toubro reports stellar Q2 results with 16% profit surge to ₹3,926 crore, driven by strong execution and record order inflows across infrastructure segments.

Starlink Demo Tests Begin in Mumbai

Elon Musk's Starlink initiates mandatory demonstration runs in Mumbai this week as DOT tightens regulations for satellite companies seeking India entry. Discover what this means for India's internet landscape.

IOC continues Russian oil buys via unsanctioned firms

Indian Oil Corporation maintains Russian crude imports through unsanctioned entities, securing energy needs while navigating global restrictions. Expert analysis reveals India's strategic positioning.

Jindal Steel names Gautam Malhotra CEO, Q2 profit falls

Jindal Steel & Power appoints Gautam Malhotra as new CEO while reporting disappointing Q2 results with profit falling 12% and missing analyst estimates. Get the full analysis of the leadership change and financial performance.

SEBI Drops Promoter Tag for Startups Like Lenskart

SEBI revolutionizes IPO landscape for new-age companies, allowing founders to shed 'promoter' status. Discover how this regulatory shift benefits startups like Lenskart and transforms India's investment ecosystem.

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