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Adani Airport Holdings to raise ₹9,825 crore from global investors

Adani Airport Holdings to raise ₹9,825 crore from global investors

Adani Airport Holdings (AAHL) on Wednesday said it will raise ₹9,825 crore through a primary equity infusion from a consortium of global investors, which will collectively acquire a 5.54 per cent stake in the airport operator.

The transaction values the Adani Group company at about $18 billion on a pre-money basis, or before the fresh capital is invested.

Coforge chairman resigns after internal audit flags disclosure gaps

Coforge chairman resigns after internal audit flags disclosure gaps

Coforge said its non-executive chairman OP Bhatt has resigned with immediate effect following concerns raised by the internal auditor relating to the manner in which the board evaluation report (BER) was dealt with and presented to the board by him.

As part of the internal audit plan for the second quarter.

Reliance plans first local debt sale after 3 years with $1.32 bn fundraise

Reliance plans first local debt sale after 3 years with $1.32 bn fundraise

Billionaire Mukesh Ambani's Reliance Industries is set to return ​to India's rupee bond market after nearly three years, five merchant bankers told Reuters late on Monday, with what would be the largest single-tranche fundraising by a rated firm since November 2023.

Steel prices set to rise further on coking coal costs, demand revival

Steel prices set to rise further on coking coal costs, demand revival

Indian steel prices are expected to rise further in the coming weeks as a post-monsoon pickup in infrastructure and automotive demand tightens the market while higher coking coal costs lift production costs of mills, executives and analysts said.

Higher prices could help mills recover margins ‌squeezed by surging coking coal costs, but infrastructure.

Remarks against PM Modi: HC refuses to quash 2019 summons to Rahul Gandhi

Remarks against PM Modi: HC refuses to quash 2019 summons to Rahul Gandhi

The Bombay High Court on Tuesday refused to quash the summons issued to Congress MP Rahul Gandhi in 2019 in a defamation complaint over his remarks against Prime Minister Narendra Modi, whom he had called a "commander-in-thief".

A single bench of Justice N R Borkar dismissed Gandhi's petition against the magistrate court's order.

Flood-hit Nepal races to rebuild bridges, roads with India, China support

Flood-hit Nepal races to rebuild bridges, roads with India, China support

Nepal is racing to restore vital road links severed by devastating flash floods, seeking temporary bridges from India and China as authorities work to reconnect isolated communities in the disaster-hit areas.

The death toll from the August 26 disaster stood at 1,356 as of Monday, while 4,994 people remained missing, according to the National Disaster Risk Reduction and Management Authority (NDRRMA).

TCS wins ₹122.6 cr bid to build AI-enabled governance platform for Odisha

TCS wins ₹122.6 cr bid to build AI-enabled governance platform for Odisha

Tata Consultancy Services (TCS), India's largest IT services player, today announced that it has won a bid worth ₹122.6 crore to implement the next phase of the Odisha State Workflow Automation System (OSWAS 3.0), extending its partnership with the Government of Odisha by around six years.

Powered by TCS DigiBOLTTM, the governance platform will combine workflow automation.

Jio Platforms plans to kick off investor outreach for its IPO next week

Jio Platforms plans to kick off investor outreach for its IPO next week

Billionaire Mukesh Ambani’s Jio Platforms Ltd. plans to formally kick off investor outreach for its initial public offering as early as next week, according to people familiar with the matter, advancing plans for what could be one of India’s largest-ever listings.

The digital and telecommunications arm of oil-to-retail conglomerate Reliance Industries Ltd.

SC rejects Centre plea to revive ₹363 cr GST demand against Vodafone Idea

SC rejects Centre plea to revive ₹363 cr GST demand against Vodafone Idea

The Supreme Court on Monday dismissed the Centre’s appeal seeking to restore a ₹363 crore goods and services tax (GST) demand against Vodafone Idea, after the Bombay High Court had struck down the proceedings against a company that no longer existed following a merger, Bar and Bench reported.

Delhi building collapse: Owner apprehended from Rajasthan's Bhiwadi

Delhi building collapse: Owner apprehended from Rajasthan's Bhiwadi

The owner of the building in Satya Niketan that collapsed, claiming lives of seven people, has been apprehended from Rajasthan's Bhiwadi area on Monday, the Delhi Police said.

An officer said, "Hariram Gupta has been apprehended from Bhiwadi. Further examination is ongoing in connection with the case."

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