MillenniumPost

Business - Page 529

‘Over-reliance on unsecured loans, capital market funding can be source of grief for NBFCs’

16 May 2024 10:03 PM IST
Mumbai: Over-reliance on unsecured lending and capital market funding can “bring grief” to non-bank lenders in the long run, Reserve Bank Deputy...

RIL completes sale of REC Solar Norway

16 May 2024 10:03 PM IST
New Delhi: Reliance Industries Ltd (RIL) on Thursday said it has completed the sale of REC Solar Norway AS to Oslo-listed Elkem ASA for around $22...

Rupee falls 4 paise to 83.50 against dollar

16 May 2024 10:01 PM IST
Mumbai: The rupee stayed range-bound and settled 4 paise lower at 83.50 against the US dollar on Thursday, weighed down by unabated foreign fund...

Markets soar nearly 1%, Sensex rises over 676 pts

16 May 2024 10:00 PM IST
Mumbai: Equity benchmark indices Sensex and Nifty shot up nearly 1 per cent on Thursday, driven by buying in HDFC Bank and Infosys and a rally in the...

Silver rises Rs 1,800, gold jumps Rs 650

16 May 2024 10:00 PM IST
New Delhi: Silver soared by Rs 1,800 to hit a fresh record high of Rs 88,000 per kg on Thursday, while gold prices jumped Rs 650 to Rs 74,050 per 10...

‘Air passenger traffic in India to touch 407-418 mn this fiscal’

16 May 2024 9:59 PM IST
New Delhi: Air passenger traffic in the country is projected to touch record levels in the range of 407-418 million in the current financial year and...

SBI raises FD rate on select short-term maturity up to 75 bps

16 May 2024 9:59 PM IST
New Delhi: SBI has hiked fixed deposit rate on select short-term maturity up to 75 basis points (bps), a move likely to be followed by other lenders. ...

‘India to become $4 trillion economy in FY25’

16 May 2024 9:59 PM IST
New Delhi: India will be a $4 trillion economy in 2024-25 and surpass Japan by early next fiscal to become the world’s fourth largest economy,...

Vedanta plans to raise up to Rs 8,500 crore via issuance of securities

16 May 2024 9:58 PM IST
New Delhi: Mining billionaire Anil Agarwal-led Vedanta Ltd on Thursday said its board has approved raising up to Rs 8,500 crore through issuance of...

Adani Energy completes acquisition of Essar’s Mahan-Sipat transmission

16 May 2024 9:58 PM IST
New Delhi: Adani Energy Solutions on Thursday said it has completed the acquisition of Essar’s Mahan-Sipat Transmission assets for an enterprise value...

India PC market grew 2.6% in January-March to 30.7 lakh units

16 May 2024 9:57 PM IST
New Delhi: The traditional PC market in India, comprising desktops, notebooks, and workstations, grew 2.6 per cent to 30.7 lakh units in the March...

‘Muted 4% loan growth a ‘concern’, aim for 10-12% rise in FY25’

16 May 2024 9:57 PM IST
Mumbai: LIC Housing Finance (LICHF’s) chief executive T Adhikari on Thursday said a muted loan growth of 4 per cent is a matter of concern for the...
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