Vedanta demerger gets nod from majority of creditors, including SBI: Official

Mining conglomerate Vedanta Limited has received approvals from the majority of its creditors for a proposed demerger of businesses, marking an important step in the company's plan to split into......

Moody's ups India's FY22 growth projection to 13.7%

Moody's on Thursday upped India's growth projection for the next financial year beginning April 1, to 13.7 per cent, from 10.8 per cent estimated earlier, on the back of normalisation of activity......

Sitharaman unveils new Covid recovery package, expands credit relief

Finance Minister Nirmala Sitharaman on Monday announced Rs 1.5 lakh crore of additional credit for small and medium businesses, more funds for the healthcare sector, loans to tourism agencies and......

'Pace of reforms under Modi somewhat disappointing'

This is the lowest investment grade rating, but a 'positive' outlook indicates room for further upgrade. Image: A broker reacts while trading at his computer terminal at a stock brokerage firm in......