Companies

Five Key Insights from HDFC Bank’s Q3 Management Call (Exclusive)

17 January 2024

Q3FY24 saw a remarkable 24% year-over-year surge as HDFC Bank's net interest income (NII) climbed to 28,470 crore, reflecting substantial growth.

Reading Time: 3 minutesHDFC Bank’s Stellar Performance in Q3 FY24 HDFC Bank, the leading private sector lender in India, announced a … Read more

Adani’s Asia Venture: Opportunities And Challenges In Airport Business

8 January 2024

The Adani Group has secured GVK group’s interest in the Mumbai airport, the second busiest airport in India following New Delhi airport.

Reading Time: 3 minutesThe newly proposed strategy will run concurrently with the domestic expansion plan, involving the acquisition of government-divested airports. … Read more

Powering India’s Green Revolution: The Future Of Battery Manufacturing

17 January 20243 January 2024

For the first time, the Geological Survey of India (GSI) has identified 5.9 million tonnes of inferred lithium resources in the Salal-Haimana area of Jammu & Kashmir.

Reading Time: 2 minutesIndia seeks to diversify its lithium sourcing and explore domestic reserves. Simultaneously, the government is actively seeking alternative … Read more

Dissecting Ola Electric’s Market Share Surge To 40% In December

4 January 20243 January 2024

Ola Electric’s foray into the electric two-wheeler market in late 2021 coincided with a period of significant fragmentation within the segment.

Reading Time: 3 minutesThe surge in market share for the automaker was propelled by substantial discounts and a wide range of … Read more

India’s Crackdown On Offshore Crypto Exchanges: Everything You Need To Know

9 January 20242 January 2024

Reading Time: 3 minutesIndian users, numbering in the millions, engaged in transactions with offshore crypto exchanges to avoid tax obligations. This … Read more

India’s Green Energy Boom: A Look at Macquarie Group’s Asset Sale and Global Investor Frenzy

17 January 202428 December 2023

Sale Spearheaded by Bank of America Launched in October Now Gaining Momentum

Reading Time: 3 minutesDiscover Macquarie Group’s bold stride in sustainable energy as a trio of top-tier investors courts its 400MW solar … Read more

How Indian Companies are Upgrading Safety Protocols Amid a COVID Surge?

30 December 202328 December 2023

Several companies urge staff adherence to mask-wearing and strict hygiene practices.

Reading Time: 3 minutesAs India grapples with a new surge in COVID-19 cases, companies are rigorously reinforcing health protocols without necessarily … Read more

Allcargo Restructuring Plan Wins Investor Approval: Confidence Soars

30 December 202325 December 2023

Allcargo Logistics and Allcargo Gati boards sanction a restructuring strategy for enhanced business operations.

Reading Time: 2 minutesAllcargo Group’s strategic move to segregate its domestic and international operations into distinct entities aims to enhance operational … Read more

Tata Steel’s Strategic Expansion in India’s Booming Infrastructure Sector

1 February 202425 December 2023

Tata Steel is set to expand its production with the installation of several electric arc furnaces, one of which is underway in Ludhiana, contributing an additional 2 million tonnes to its long-product capacity.

Reading Time: 3 minutesTata Steel aims to enhance production at Neelachal Ispat Nigam Ltd (NINL), recently added to its portfolio, elevating … Read more