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Adani portfolio delivers 45% EBITDA growth in FY23-24
Vedanta Aluminium wins accolades for environment and energy excellence
Vedanta Aluminium, India?s largest producer of aluminium, has won the prestigious Kalinga Energy Excellence Award and Kalinga Environment Excellence Award for its alumina refinery unit at Lanjigarh, Kalahandi district. These awards were presented by the Institute of Quality and Environment Management (IQEMS) in association with the Odisha State Pollution Control Board and the Institute of Public Enterprise, Hyderabad. Vedanta?s Lanjigarh unit, India?s premier producer of smelter-grade alumina, has undertaken multiple initiatives as part of Vedanta Aluminium?s sustainability goals such as Net ..
IREDA loan surges to Rs 91.36 billion in April-June
Public sector non-banking financial company IREDA announced on that it experienced significant growth in its sanctioned loans, which reached Rs 91.36 billion during April-June FY25. The company's loan disbursements also saw a notable increase of 67.61 per cent, rising to Rs 53.20 billion in the same period, compared to Rs 31.74 billion in the corresponding period of the previous year. According to the company's statement, the total outstanding loan book as of June 30, 2024, stood at Rs 631.50 billion, marking a 33.77 per cent rise from Rs 472.07 billion in April-June FY24. Pradip Kumar Das, ..
India, Australia to Enhance Cooperation in Critical Minerals and Processing
India and Australia are exploring ways to enhance cooperation in critical minerals, their processing, and battery production, according to Commerce Secretary Sunil Barthwal. He mentioned that both countries have signed an interim free trade agreement and are negotiating to expand it into a comprehensive pact. At a conference on the roadmap for vehicle electrification, Barthwal discussed the potential integration of the Indian and Australian economies in areas such as battery production, mineral production, mineral processing, and vehicle production. He highlighted the steps taken by the Indi..
