Vedanta vs Adani: Analysts Back Faster Jaypee Recovery Plan
Anil Agarwal of Vedanta criticizes the Jaypee Associates bid decision, while industry analysts support the Adani Group's quicker recovery strategy for the distressed assets.
Anil Agarwal of Vedanta criticizes the Jaypee Associates bid decision, while industry analysts support the Adani Group's quicker recovery strategy for the distressed assets.
Vijaypat Singhania, a distinguished Indian industrialist, held an honorary PhD, served as Honorary Air Commodore, and received the Padma Bhushan award.
Routematic's deployment of 400+ EVs in Bengaluru and Pune saves 65,400 litres of fuel every 15 days, translating to Rs 65 lakh in savings. Annual projections show potential savings exceeding Rs 15 crore.
The Confederation of Indian Industry praised the government's response to the West Asia crisis and introduced a 12-point agenda to enhance industry resilience, focusing on supply chains and economic stability.
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RecommendedVijaypat Singhania, the former chairman of the Raymond Group, has passed away peacefully in Mumbai. His last rites are scheduled for Sunday, as confirmed by a company spokesperson.
Paramount Skydance has launched Phase 2 of its return-to-office plan, requiring employees outside New York and Los Angeles to work full-time in-office from September 14. Remote workers must relocate by 2027, with attendance tracked and noncompliance riski
Vedanta Ltd, led by Anil Agarwal, plans to split into five separate listed entities in a major restructuring move aimed at unlocking value and enhancing operational focus across its diverse business segments.
Vijaypat Singhania, former Raymond chairman who set a world hot air balloon record and built the clothing giant, passed away in Mumbai at age 87. He was admitted Friday with age-related illness.
Nayara Energy increased petrol by Rs 5/litre and diesel by Rs 3/litre in Odisha, citing geopolitical costs. Consumers and activists criticize the timing during the West Asia conflict.
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RecommendedMeghalaya reports constrained commercial LPG supply due to a Union ministry cap, impacting tourism and hospitality. The state seeks relaxation as supply stabilizes at 190-200 cylinders daily.
Vijaypat Singhania, the former chairman of Raymond Group, has died at the age of 87 in Mumbai. He was a prominent industrialist known for his leadership in the textile and apparel sector.
Vijaypat Singhania, the former chairman of Raymond Group and a recipient of the Padma Bhushan award, has died at the age of 87. His legacy in the textile industry and contributions to business and philanthropy are widely remembered.
Jubilant FoodWorks, operator of Domino's Pizza and Dunkin Donuts in India, reports LPG cylinder supply constraints across stores due to the West Asia conflict, prompting a shift to alternative energy sources.
The Middle East conflict disrupts global oil flows through the Strait of Hormuz, challenging India's energy security as it imports 90% of its crude. With 50% of imports transiting the chokepoint, India faces supply pressures while maintaining 60-day reser
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RecommendedThe 25th edition of Webfair is set to make a significantly larger impact by focusing on innovation, collaboration, and featuring top industry leaders, driving growth in the digital business sector.
The Public Enterprises Selection Board has recommended Ashok Kumar Panda, SAIL's Director (Finance), for the Chairman and Managing Director position, pending cabinet approval.
Long queues at petrol pumps across Mumbai Metropolitan Region due to rumors of shortage and a new advance payment system. Officials confirm normal supply but cite dealer cash flow issues.
Chamelidevi Flour Mills Limited has secured in-principle approval from BSE SME for listing, marking a key step toward accessing capital markets and enhancing growth prospects in the flour milling industry.
Hindustan Petroleum Corporation Limited (HPCL) assures stable fuel supply across India, confirming no shortages of petrol, diesel, or LPG. The company reports robust inventory and smooth operations nationwide.
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RecommendedIndia faces severe LPG shortages affecting restaurants and exports. Government increases industrial allocation by 20%, but Delhi eateries report receiving only 1-2 cylinders daily. West Bengal CM demands local gas retention.
The ongoing insolvency resolution of Jaiprakash Associates Ltd. raises critical questions about judicial review and commercial wisdom under India's Insolvency and Bankruptcy Code, with Adani and Vedanta at the center of the dispute.
Nvidia CEO Jensen Huang explains his unique management approach, preferring group problem-solving over one-on-one meetings with his 60+ direct reports. He emphasizes collaborative 'extreme co-design' and questions traditional organizational hierarchies.
Enforcement Directorate files prosecution complaint against Punit Garg in Reliance Communications money laundering probe involving Manhattan apartment sale and shell companies.
The Institute of Company Secretaries of India announces an international Alternative Dispute Resolution center in Noida, expanding globally, to handle commercial and civil cases faster amid judicial delays.
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RecommendedThree Milkfed managers suspended after Indian Army rejects 125 metric tonnes of milk powder for quality issues, citing extraneous material in samples.
Punjab government has requested FCI permission to move 22 lakh metric tonnes of wheat directly from mandis to railheads, warning of storage shortages and potential farmer unrest ahead of procurement season.
Technopark has been awarded a 'Crisil A+/Stable (Reaffirmed)' rating for the fifth consecutive year, highlighting its robust financial health, high occupancy rates, and strong debt protection metrics.
The Central Consumer Protection Authority warns restaurants against adding mandatory LPG or fuel charges to bills, calling it an unfair trade practice. Customers can refuse and report violations.
Audi India's head, Balbir Singh Dhillon, highlights India's economic strength amid global uncertainties, citing FTAs and resilience as key drivers for robust long-term demand and growth in the luxury car market.
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RecommendedBiocon Ltd. has appointed Shreehas Tambe as its new Chief Executive Officer and Managing Director, effective immediately, succeeding Kiran Mazumdar-Shaw in the CEO role.