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2024-02-28 20:00:04| The Economic Times

Tata Group-owned Air India refinanced short-term loans with SBI and Bank of Baroda for three years. The Rs 19,000 crore term loan will finance working capital needs and aircraft fleet upgrades. The conglomerate's strong credit profile enabled access to funding for the national carrier.

Category: News and Media


2024-02-28 19:55:12| The Economic Times

ICICI Bank has sanctioned Rs 500 crore debt facilities to Aditya Birla group's Novel Jewels for its upcoming jewellery retail stores in the next quarter. The promoter companies infused 290 crore in the company last year. ICICI Bank sanctioned 450 crore as a working capital loan and 50 crore as a term loan.

Category: News and Media


2024-02-28 19:40:42| The Economic Times

NCAER noted that high frequency indicator like Purchasing Managers' Index and Goods and Services Tax collection indicated a resilient economy with services accelerating and manufacturing gaining momentum.

Category: News and Media


2024-02-28 19:32:29| The Economic Times

The ministry will now release five GDP numbers instead of six, with the final revision coming nearly two years from the completion of the financial year instead of three.

Category: News and Media


2024-02-28 16:02:10| The Economic Times

Climate-related disclosures by regulated entities is an important source of information for different stakeholders -- customers, depositors, investors and regulators -- to understand relevant risks faced and approach adopted to address such issues.

Category: News and Media


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