Titan's Helios Luxe has partnered with German watchmaker Alexander Shorokhoff to introduce limited-edition watches in India, targeting the country's fast-growing accessible luxury segment
- Business Standard
- 11 hours ago
Among Indian carriers, IndiGo has the largest pilot base at 5,200, with a pilot-to-aircraft ratio of 7:6
- Business Line
- 12 hours 11 minutes ago
Even as tensions stemming from the West Asia crisis unsettle global markets, investors have shown little willingness to part with Adani Group's dollar bonds, despite a buyback by its ports arm, Adani Ports and Special Economic Zone Ltd (APSEZ). On March 12, APSEZ, India's largest private port operator, completed a cash tender offer to repurchase parts of two series of US dollar-denominated senior notes, trimming its outstanding debt by about USD 199.5 million, people with direct knowledge of the matter said. The offer covered up to USD 345.1 million of 4 per cent notes due in 2027 and USD 150 million of 3.10 per cent notes due in 2031, suggesting a potential buyback of roughly USD 495 million. Yet bondholders offered back far less than that. APSEZ eventually accepted USD 102.1 million of the 2027 notes and USD 97.5 million of the 2031 notes, they said. In effect, more than 60 per cent of investors chose to keep their bonds, declining the opportunity to exit through the tender...
- Business Standard
- 12 hours 17 minutes ago
HSBC maintained a hold rating on the stock but raised its target price to 420, citing improved realisations in the near term
- Business Line
- 17 hours 31 minutes ago
The stock traded at 1,396.10 on the NSE at 10.18 am, near its day's high of 1,399.50. It opened at 1,385.20 from the previous close of 1,392.20
- Business Line
- 18 hours 8 minutes ago
In 2026, if CEO Fernando Fernndez hits the top performance target, his pay could exceed $21 million; if Unilever's share price also rises 50%, his compensation may surpass $26 million
- Business Standard
- 20 hours 23 minutes ago
The CAG's estimate that the government has suffered revenue loss due to non-implementation of an agreement with Reliance Jio was based on a misinterpretation of a clause, and the error has been rectified now, Minister of State for Telecom Pemmasani Chandra Sekhar said on Thursday. The Comptroller and Auditor General of India (CAG), in a report last year, had said that the state-run firm BSNL failed to enforce the master service agreement (MSA) with Reliance Jio Infocomm Ltd (RJIL) and did not bill for the additional technology used on BSNL's shared passive infrastructure, resulting in loss of Rs 1,757.76 crore and penal interest thereon, between May 2014 to March 2024 to the government exchequer. The minister, in a written reply to the Rajya Sabha, said BSNL has an MSA with RJIL for leasing of BSNL's tower infrastructure to install their equipment. "There is no revenue loss to BSNL and the government. The estimate of CAG was based on the misinterpretation of the clause of add-on...
- Business Standard
- 1 day 7 hours ago
The expansion is planned to have a built-up area of about 3.5 lakh sq ft and will seat about 3,000 employees, strengthening Infosys' ability to design, co-create and deploy AI-led solutions at enterprise scale
- Business Line
- 1 day 12 hours ago
Mukesh Ambani's conglomerate is in talks with America First Refining, with options ranging from an equity stake to offtake agreements or broader strategic partnerships
- Business Line
- 1 day 13 hours ago
The stock was quoted at 201.19 on the NSE, reflecting a muted market reaction despite the strategic nature of the deal.
- Business Line
- 1 day 18 hours ago
