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Peerless Group to invest Rs 1,000 crores in capex; focuses on hospital, realty

The group’s flagship Peerless General Finance & Investment Company (PGFI) obtained the license of a Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC) from the Reserve Bank of India during the year. ....

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NBFCs | Peerless charts turnaround story, makes major investment announcements in real estate and healthcare

The most exciting announcement comes from the group’s real estate arm in the form of a 15-floor twin-tower retail-commercial-residential project scheduled to come up over 2.37 acres near the Biswa Bangla Gate in Action Area II in New Town in Calcutta ....

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Betting on India's growth, top steel firms in midst of big expansion plans

On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses.

The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing.

The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt). ....

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Bengal shines bright at Times Bengal Icons 2023: Recognizing 50 influential individuals and brands at the prestigious award ceremony

The inaugural edition of Times Bengal Icons took place on 22nd June 2023 at Hyatt Regency, Kolkata. ....

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Coal production | Coal production increased in 'big way' during FY22-FY23; supply improved: Icra

Production of Coal India grew by 12.1 per cent in FY23, the ratings agency said ....

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