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The Economic Times
The Economic Times Reliance Power arm Rosa prepays ₹485 crore to Varde Partners, turns 'zero debt firm'
Reliance Power's subsidiary, Rosa Power Supply Company, has achieved zero-debt status by prepaying a ₹485-crore loan to Varde Partners. This follows an earlier prepayment of ₹833 crore, totaling ₹1,318 crore paid ahead of schedule. The move strengthens Rosa Power's balance sheet and, along with a recent equity infusion, positions Reliance Power to pursue opportunities in the renewable energy sector.
The Economic Times Sebi issues Rs 129 cr demand notices to RHFL, 5 others in illegal fund diversion case
India's market regulator, Sebi, has ordered six entities, including Reliance Home Finance and former executives, to pay a combined Rs 129 crore ($15.6 million) for illegally diverting funds. Sebi threatens to seize assets if the fines, linked to a case involving industrialist Anil Ambani, aren't paid within 15 days.
The Economic Times Gautam Adani congratulates Donald Trump on election victory, says US leader embodies tenacity, grit, courage
on Wednesday congratulated Donald Trump on winning the US Presidential polls for a second term and said the US leader embodies tenacity, grit, determination and courage.
The Economic Times Adani Enterprises revises capex guidance for FY25
Adani Enterprises has revised its capital expenditure target for the current fiscal year to ₹67,000 crore from the initial projection of ₹80,000 crore. The company attributes this reduction to an extended monsoon season that disrupted project timelines.
The Economic Times IBBI proposes mediation for operational creditors before filing insolvency filing
The recommendation is based on an expert committee report and subsequent suggestions by the Indian Institute of Insolvency Professionals of ICAI (IIIPI).
The Economic Times Trump's economic plan hinges on tax cuts, tariffs, immigration crackdown
Trump's economic plan hinges on tax cuts, tariffs, immigration crackdown
The Economic Times How Donald Trump's return as US President may impact India's economy, trade
India may benefit from the “China Plus One” strategy, a potential increase in US investment, and stronger demand for Indian exports. However, the longer-term outlook remains uncertain, with risks including a stronger US dollar, potential trade restrictions, and changes to immigration policies.
The Economic Times Umang Dairies appoints Surendra Behani as CFO
The role became available following the resignation of former CFO Raghav Garg in October. Surendra Behani is a fellow of the Institute of Cost and Management Accountants of India and holds a commerce degree from Gujarat University.
The Economic Times Mohit Industries CFO Manish Sitaram Saboo resigns, Narayan Sitaram Saboo takes over
Following his resignation, the company has appointed Narayan Sitaram Saboo as its new Managing Director and Chief Financial Officer, also effective November 6, 2024.
The Economic Times Oasis Securities appoints Devi Dutt Agarwal as CFO
The position became vacant after the previous CFO, Narendra Kedarnath Thanvi, resigned in July this year, following a management transition, according to the company's regulatory filing to the BSE.
The Economic Times Trident Group appoints Avneesh Barua as CFO
The appointment took place as Manish Bhatia, Trident Group's CFO tendered his resignation on 26th of October citing personal reasons.
The Economic Times Oswal Agro Mills CFO Parveen Chopra resigns
Chopra’s decision to step down was attributed to personal reasons, according to the company’s regulatory filing with the BSE. Having joined Oswal Agro Mills in 2014, he exits after over a decade of dedicated service.
The Economic Times Donald Trump’s return as US President will spell big change for India
Donald Trump, leading in key states, declared victory in the US presidential election, urging national unity. While his potential win sparks celebrations in India, experts advise caution, highlighting potential unpredictability in bilateral relations despite Trump's positive overtures towards India and Prime Minister Modi.
The Economic Times INDIA RUPEE-Rupee hits record low on US election updates, RBI likely steps in
INDIA-MARKETS/RUPEE (UPDATE 1)INDIA RUPEE-Rupee hits record low on US election updates, RBI likely steps in
The Economic Times India PM Modi looking forward to renewing collaboration with Trump
India PM Modi looking forward to renewing collaboration with Trump
