New Delhi, June 11 (IANS) Investors in the Gensol Engineering Limited (GEL) have suffered a massive loss to the tune of nearly Rs 4,000 crore as the stock of the fraud-hit company sank by more than 95 per cent.Gensol Engineering's...
Seoul, June 11 (IANS) Hyundai Steel, South Korea's second-largest steel manufacturer, has temporarily shut down its No. 2 plant in the southeastern city of Pohang due to a prolonged industry-wide slump, the company said on Wednesday.The suspension took effect Saturday...
Mumbai, June 11 (IANS) The Indian stock market closed in the green after a volatile session on Wednesday, as Sensex rose 123.42 points or 0.15 per cent at 82,515.14 and Nifty was up 37.15 points or 0.15 per cent at...
New Delhi, June 11 (IANS) Overall optimism among the small and medium enterprises (SMEs) in India continues to hold steady due to positive factors like strong domestic demand and better financing access as monetary conditions ease, an Assocham report showed...
Geneva, June 11 (IANS) India has achieved a historic milestone in recording a 45 percentage point jump in the social security coverage of its population over the last decade to cover 94 crore people and is now being ranked second...
New Delhi, June 11 (IANS) Indian stock markets offer a refuge for investors amid jitters about global macro uncertainty as domestic policies remain favourable, HSBC Global Investment Research said on Wednesday.Sentiment has improved significantly, and the Indian markets are well...
New Delhi, June 11 (IANS) The entry of ride-sharing companies into the online food delivery market in India pose early challenge to existing players like Zomato and Swiggy as in initial years, such companies can operate on much lower margins...
New Delhi, June 11 (IANS) India’s phenol market is expected to clock a healthy 8-9 per cent compound annual growth rate from this fiscal through 2030, outpacing the global market, according to a report on Wednesday.Domestic consumption this fiscal is...
New Delhi, June 11 (IANS) India and Norway on Wednesday reaffirmed their commitment to strengthen ties on sustainable ocean governance and fisheries at the ongoing UN Ocean Conference in France.The Indian delegation led by Union Minister Dr. Jitendra Singh held...
Seoul, June 11 (IANS) Household loans extended by South Korean banks rose sharply in May, central bank data showed on Wednesday, driven by an increase in housing transactions.Banks' outstanding household loans stood at 1,155.3 trillion won (US$845.07 billion) as of...
New Delhi, June 11 (IANS) Private equity (PE) activity in India is expected to revive in the second half of 2025 as market valuations stabilise and exit opportunities improve, according to a report on Wednesday.India recorded 179 deals valued at...
New Delhi, June 11 (IANS) India continues to be in the top 10 global cross-border investment destinations for land and development sites, a report showed on Wednesday.The country is emerging as a key investment destination within Asia Pacific, driven by...