Vedanta sets $10 bn Ebitda goal, Rs 20,000 cr debt cut
Vedanta has set a target of achieving $10 billion in group Ebitda by FY27 and reducing its overall debt by more than Rs 20,000 crore, CFO Ajay Goel told Business Standard. In…
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Nuclear projects drive 71% surge in India’s Q1 investment outlay
India's fresh investment plans in Q1FY27 surged 71% quarter-on-quarter to Rs 14.77 lakh crore, driven by four nuclear power projects worth Rs 6.5 lakh crore in Maharashtra, reports rediff.com citing Projects Today.…
Michelin rolls out first India-made tyre, Primacy 5
Michelin has launched the Primacy 5, its first tyre manufactured in India, on 3 August 2026. Priced from around Rs 10,000, it comes in 16- to 22-inch sizes and is designed for…
Garware Technical Fibres CEO sees strong Q2 on value products
Garware Technical Fibres posted a 31.4% rise in consolidated net sales to Rs 482.4 crore and a 21.5% profit growth to Rs 64.5 crore in Q1 FY27. CEO Shujaul Rehman said the…
Ikigai CIO Tibrewal turns bullish on smallcaps after Q1 earnings surprise
Pankaj Tibrewal, founder and CIO of Ikigai Asset Managers, has turned constructive on Indian equities, citing a strong Q1 earnings season and easing foreign investor selling. He says 398 of the top…
Gurugram penthouse sold for Rs 271 crore, priciest in India
A penthouse in DLF's project 'The Dahlias' in Gurugram has been sold for Rs 271 crore, making it one of the most expensive residential transactions in India. According to reports, the property…
Hindustan Copper Q1 profit falls 21%, revenue drops below Rs 1,000 crore
Hindustan Copper Ltd's net profit for the first quarter of FY27 fell nearly 21% sequentially to Rs 352 crore, according to an exchange filing on Monday. Revenue declined 19% to Rs 937…
Weird luxury goods: Balenciaga trash bags, Lamborghini strollers for India’s rich
A Balenciaga handbag made to look like a garbage bag sells for Rs 2.7 lakh, while a Lamborghini-branded stroller costs over Rs 1 lakh. Wealthy Indian shoppers are shifting from logo-heavy status…
GMR Airports to raise ₹6,500 crore for refinancing, expansion
GMR Airports Ltd plans to raise ₹6,500 crore through a mix of equity and bonds. The board will meet on 12 August to consider an enabling resolution for the fundraising, which includes…
Siguler Guff, investors seek exit from Baazar Kolkata parent at ₹5,000 crore
Global private equity firm Siguler Guff and other investors are exploring an exit from Baazar Retail, operator of the Baazar Kolkata chain, at a valuation of ₹4,000-5,000 crore, Livemint reports. The company…
