Insurance giant GIC Re reported a net profit of Rs 1,860.76 crore for Q2 FY25, marking a 15.9% increase compared to Rs 1,605.09 crore in the same period last year. This growth was driven by a strong ...

Infrastructure based Larsen & Toubro (L&T) has secured an 'ultra mega' order from state-owned NTPC to establish thermal power plants in Madhya Pradesh and Bihar. L&T defines 'ultra mega' orders as ...

State-owned telecom company MTNL has defaulted on a total payment of Rs 5,726.29 crore. This amount includes a principal of Rs 5,492 crore borrowed from various banks, along with interest amounting to ...

Global brokerage firm Macquarie has begun coverage on power financing public sector units (PSUs)—specifically PFC, REC, Power Grid, and NTPC. Due to their unique roles within the ecosystem, these ...