Adani Green Energy Ltd (AGEL) is in talks to buy SoftBank Group Corp.'s majority stake in solar power producer SB Energy, says two persons familiar with the situation. This comes after SoftBank's intention to sell its full 80 percent...
After a gap of seven months, the Goods and Services Tax (GST) Council will hold their next meeting on May 28. Many states have been raising the long delay in convening the meeting of the Council, which was otherwise supposed to meet at least once...
Piramal Enterprises (PEL) stated that its subsidiary Piramal Capital and Housing Finance has secured approval from the Competition Commission of India (CCI) to acquire Dewan Housing Finance Corporation (DHFL). The approval brings Piramal a step...
The retail industry, which has been hit by the Covid pandemic and state-level lockdowns, has asked the Ministry of Finance and the Reserve Bank of India for liquidity support, a moratorium, interest subvention, and working capital to remain...
On Thursday itself Low-fare airline GoAir rebranded GoFirst, as the Wadia group-controlled airline prepares to approach the market for a public share sale. The rebranding comes at a time when the second wave of Covid-19 has led to a drastic...
Bitcoin slid to a 2-1/2-month low on Thursday after the regulatory probe into crypto exchange Binance added to pressure from Tesla Inc chief Elon Musk’s reversing his stance on accepting the digital currency. Bloomberg reported on Thursday...
The Unique Identification Authority of India (UIDAI) has reiterated that charges for the Aadhaar card enrolment and updations are fixed and listed three options for Aadhaar cardholders if they are asked to pay extra. The three options suggested...
India obtained over USD83 billion in remittance which is a drop of just 0.2 per cent from the preceding year even in case of devastating the world economy due to the pandemic, as per the World Bank report. China received USD...
India added 12.1-gigawatt (GW) power generation capacity in 2020-21, of which 7.7 GW was from renewable energy sources, according to a report. India's total power generation also increased by 1.3 per cent in FY21 despite pandemic restrictions,...
On Monday, the Reserve Bank of India (RBI) has amended its master direction on know-your-customer (KYC) norms to further leverage the video-based customer identification process (V-CIP) and simplified the process of periodic updation of KYC for...
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