Business

Adani Airports raises $750mn from international banks

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Adani Airports Holdings has secured $750 million in external commercial borrowings from international banks, led by First Abu Dhabi Bank, Barclays, and Standard Chartered Bank. ...

Birla to acquire US chemical facility from agri giant Cargill

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Kumar Mangalam Birla’s Aditya Birla Chemicals is poised to acquire a chemical manufacturing plant in Dalton, Georgia, from Cargill, marking a significant entry into the ...

Asset freeze: NCLAT denies relief to Gensol

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The National Company Law Appellate Tribunal (NCLAT) has refused to halt the NCLT’s order to freeze the assets of Gensol, its promoters, and related entities. ...

‘Traditional banks losing share to fintechs globally’

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Traditional banks in India face increasing competition from agile, tech-driven rivals, impacting their revenue share despite overall sector growth. Fintechs, private credit funds, and digital-native ...

Rupee may rise to 84/$ on US trade deal: BofA

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Bank of America predicts the rupee will strengthen to 84 against the dollar by the end of 2025, driven by a potential US trade deal, ...

Govt keeps tabs on US tariff concessions to other nations

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The US is Playing Favorites (And India’s Keeping a Close Eye) So, the word around the trade water cooler is that Uncle Sam might be ...

Nvidia’s Blackwell chips double AI training speed, MLCommons benchmark shows

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Nvidia’s Blackwell chips have demonstrated a significant leap in AI training efficiency, substantially reducing the number of chips required for large language models like Llama ...

UP among best fiscally managed states despite low per capita income: Finance Commission chief

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Arvind Panagariya, Chairman of the 16th Finance Commission, lauded Uttar Pradesh’s financial management, highlighting its strong tax collection relative to GSDP and adherence to fiscal ...

Majority of states seek 50% share in tax revenue from Centre: Finance Commission chief Arvind Panagariya

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Arvind Panagariya, Chairman of the 16th Finance Commission, revealed that a majority of states have requested an increase in their share of tax revenue distribution ...

TPG trims stake in Tata Technologies with Rs 638 crore share sale; BNP Paribas exits part of Choice International holding

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TPG Rise Climate SF, an affiliate of TPG, divested a 2.1% stake in Tata Technologies for Rs 638 crore through an open market transaction, reducing ...