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3 weeks ago | 
thehindubusinessline.com | Aishwarya Kumar |Janaki Krishnan |Aneesh Phadnis
Just last week, the Ladhani group (Coca-Cola’s largest bottler), which owns the Taj Hotel and Convention Centre in Agra, announced ₹3,000 crore investment to open more hotels. From 500 currently, it plans to have 1,500 rooms within three years, including two new resorts in Rishikesh in partnership with the Oberoi hotels group. It also plans to bring either a Ritz Carlton or Four Seasons to Agra.
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1 month ago | 
thehindubusinessline.com | Janaki Krishnan |Piyush Shukla
Tell us about Mashreq’s India presenceWe have grown well in India. In 2024, our total assets globally increased by 11 per cent year-on-year to AED 267 billion, driven by loan growth across wholesale and retail financings. In India, the growth rates were higher than global. As a result, we secured further capital of $150 million in the form of tier-1 Bond in the country in November to support our future growth.
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1 month ago | 
thehindubusinessline.com | K Ram Kumar |Janaki Krishnan
Despite the uncertain and volatile stock markets, shares of public sector banks, if available either as a fresh issue or through an offer for sale, are likely to be snapped up by investors, according to market watchers.
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2 months ago | 
thehindubusinessline.com | Janaki Krishnan |K Ram Kumar
The robustness of the Indian economy was reflected in the stock markets which was yielding good returns, said Union Finance Minister Nirmala Sitharaman, while responding to queries on persistent selling by foreign portfolio investors. “The Indian economy today has an environment in which investments are yielding good returns and profit bookings also happen,” the minister said. The FM was in Mumbai for post-budget interactions with industry and the media.
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2 months ago | 
thehindubusinessline.com | Richa Mishra |Janaki Krishnan
Neither the government of Sri Lanka nor India’s Adani group want to let go of Adani Green Energy’s over $400 million renewable energy project in the island country with large investments apart from strategic diplomatic stakes involved in the venture. Sri Lanka wants to renegotiate on the tariff for every unit of power with Adani Green for the proposed project in that country.
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Jan 19, 2025 | 
thehindubusinessline.com | Richa Mishra |Janaki Krishnan
Adani Group companies have been in the news for varied reasons. While Adani Green Energy’s Andhra Pradesh deal attracted controversy over allegations of corruption and bribery, Adani Power’s super-critical Godda project in Jharkhand has hit a bump in Bangladesh with only half of the contracted capacity being supplied, forcing it to explore other avenues for the offtake.
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Jan 17, 2025 | 
thehindubusinessline.com | Aroosa Ahmed |Janaki Krishnan
Reliance Industries has been forced to recognise the threat posed by quick commerce but is preferring to follow its own playbook in the segment and is leveraging its existing store formats as well as kirana stores as its source base to make quicker deliveries, according to sources. “We do not need dark stores, we will use our outlets such as Reliance Smart and we have tied up with kirana stores,” said a source with knowledge of the strategy.
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Jan 15, 2025 | 
thehindubusinessline.com | Janaki Krishnan
The private equity arm of Motilal Oswal is in the process of launching its fifth fund to raise around $1 billion that will be used to invest in growth capital, sources said. This is expected to be the largest fund raise by Motilal Oswal Alternates and comes two years after it raised ₹4500 crore under India Business Excellence Find IV, which is under deployment.
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Jan 15, 2025 | 
thehindubusinessline.com | Janaki Krishnan
Improved average revenue per user (ARPU) in its telecom business, a recovery in the oils-to-chemicals business, and modest growth in the retail arm are expected to drive Reliance Industries’ performance in the third quarter. Net profit is expected to increase 3 per cent year over year, and EBITDA will increase 5 per cent. The growth rates are seen to be stronger sequentially. RIL will announce its Q3 results on January 16.
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Jan 14, 2025 | 
thehindubusinessline.com | Janaki Krishnan
Following Adani Wilmar’s offer for sale by its promoter, FTSE is expected to increase its weight in the index in its rejig today, that could lead to $25 million of passive inflows, Nuvama Research said. This would translate into 7.8 million shares or 1.7 days of trading impact, it said, adding that such events are more volume driven rather than solely price focused.
