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Shriram Finance taps foreign banks for cheaper debt
DBS Bank, HSBC, Standard Chartered and MUFG are among the banks which have lined up to provide this loan. ET could not ascertain the names of all lenders. "The loan has been launched with half a dozen banks already lining up for the first underwriting.
Shriram Finance taps foreign banks for cheaper debt
DBS Bank, HSBC, Standard Chartered and MUFG are among the banks which have lined up to provide this loan. ET could not ascertain the names of all lenders. "The loan has been launched with half a dozen banks already lining up for the first underwriting.
BSNL launches new satellite phone at ₹1.34 lakh in India, says 'ideal for remote ops': All you need to know
BSNL launched a satellite phone priced at ₹1.34 lakh to enhance communication services for the defence, maritime, and disaster management sectors. The device reportedly supports voice calling and SMS in areas lacking conventional cellular networks.
Exclusive | Borosil Renewables promoters explore stake sale, in talks with strategic investors
The Kheruka family, which owns nearly 59% of Borosil Renewables, is evaluating strategic investment proposals and could sell part or all of its stake if discussions progress, sources told CNBC-TV18.
Nifty trades above 24,000 level; European mrkt advance
All the sectoral indices in the NSE were traded in green with realty, media and consumer durables shares led the rally.
TCS Q1 Results Live Updates: Stock recovering from day's low ahead of earnings
TCS Q1 Results Live Updates: Tata Group giant and India's largest IT services company, Tata Consultancy Services Ltd. (TCS) is set to report its results after market hours on Thursday, July 9. As per a CNBC-TV18 poll, the company's US Dollar revenue is seen flat at $7,611 million, compared to $7,621 million in the March quarter. The stock has declined 35% so far this year and is now trading at 14 times its financial year 2028 estimated price-to-earnings, well below its historical averages. Watch this space for all the LIVE earnings updates from TCS.
Sensex settles 1,677 pts lower; Nifty ends below 23,900 level; VIX zooms 24.85%
The Nifty settled below the 23,900 level. All the sectoral indices ended in the red on the NSE, with PSU bank, private bank and FMCG stocks declining the most.
Flipkart extends zero-commission policy to all fashion products, benefiting 90,000 sellers
Flipkart has removed its Rs 1,000 price cap on fashion items. This change now covers all products in the fashion category without any commission. Approximately 90,000 active sellers in fashion will now retain their full margins. This seller-first initiative is a long-term investment for innovation and brand building.
PC Jeweller jumps 6% after repaying 2 consortium banks; eyes debt-free status by Q2 FY27
PC Jeweller shares climbed 6.5% after the company said it had repaid all outstanding debt owed to two of its 14 consortium banks under a September 2024 settlement agreement. Calling it a key milestone in its turnaround, the jeweller said it expects to clear the remaining debt and achieve debt-free status during the current quarter, strengthening its financial position.
'Smartphone PLI plan exceeds targets, value addition quadruples': Industry informs govt
The commerce ministry questioned the smartphone PLI scheme's success for an extension. Industry data showed production more than doubling and exports rising ten times. Domestic value addition quadrupled, surpassing China's pace over decades. The scheme met all objectives, including exports and job creation. This policy intervention offers valuable lessons for future manufacturing growth.
EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADA
Electric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past twelve percent for the first time, says the Federation of Automobile Dealers Associations. The two-wheeler segment led this surge, registering substantial year-on-year increases. Electric passenger and commercial vehicles also saw their best-ever months. Electrification has now moved decisively into the mainstream of Indian auto retail.
WEC Energy Group stock hits all-time high of 119.64 USD - Investing.com India
WEC Energy Group stock hits all-time high of 119.64 USDInvesting.com India