MillenniumPost

Business - Page 22

ICICI Prudential AMC IPO signals strong demand with 13% grey-market premium

8 Dec 2025 1:08 AM IST
New Delhi: ICICI Prudential Asset Management Company’s Rs 10,603 crore initial public offering is drawing strong interest ahead of its Friday launch,...

No new coal capacity planned in India beyond 2035: Official

8 Dec 2025 1:08 AM IST
NEW DELHI: India does not have any immediate plans to add coal power generation capacity beyond 2035, a top power ministry official said on Sunday. ...

Nalco plans to start Pottangi bauxite mines in Odisha by mid-2026

8 Dec 2025 1:08 AM IST
New Delhi: State-owned National Aluminium Company Ltd (Nalco) is aiming to start its Pottangi bauxite mines in Odisha by June next year as the company...

IL&FS to initiate process before NCLT to recover `187 cr excess remuneration paid to ex-directors

8 Dec 2025 1:07 AM IST
New Delhi: The IL&FS Group will move the National Company Law Tribunal (NCLT) to recover Rs 187 crore in excess managerial remuneration from its...

Paint makers expect uptick in sales, volume in Q3 as they see improvement in margins

8 Dec 2025 1:07 AM IST
New Delhi: India’s leading paint manufacturers expect a recovery in sales and volumes in the ongoing quarter, supported by early signs of demand...

FPIs withdraw Rs 11,820 cr in first week of December

7 Dec 2025 11:45 PM IST
New Delhi: Foreign investors have pulled out Rs 11,820 crore ($1.3 billion) from Indian equities in the first week of this month, primarily driven by...

Home loan portfolio cross Rs 9L cr milestone, RAM to drive 14% loan growth, says SBI chief

7 Dec 2025 11:45 PM IST
New Delhi: SBI Chairman C S Setty said the bank’s mortgage loan portfolio has crossed Rs 9 lakh crore last month and expressed optimism that the...

US Fed decision, FIIs trading activity to drive stock markets this week

7 Dec 2025 11:45 PM IST
New Delhi: The US Fed’s interest rate decision will be the major factor dictating trends in the domestic equity market this week, with global...

Mcap of 5 of top-10 cos surges Ra 72,285 crore

7 Dec 2025 11:44 PM IST
New Delhi: The combined market valuation of five of the top-10 most valued firms surged by Rs 72,284.74 crore last week, with Tata Consultancy...

BoM slashes retail loan interest rates by 25 bps

7 Dec 2025 11:44 PM IST
New Delhi: Public sector lender Bank of Maharashtra (BoM) on Sunday announced reduction in interest rates by 25 basis points on retail loans,...

Gold prices likely to remain firm as traders await Fed’s decision: Analysts

7 Dec 2025 11:44 PM IST
New Delhi: Gold prices are likely to remain firm in the coming week, driven by investor focus on the US Federal Reserve’s monetary policy outcome,...

‘AI, machine learning based applications to play pivotal role in transforming India’s power sector’

7 Dec 2025 11:43 PM IST
New Delhi: AI and Machine Learning (ML) will be central to building intelligent, consumer-centric and self-optimising power distribution networks,...
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