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Business

EET Fuels Secures Major $350 Million Investment to Lead the Low-Carbon Refinery Revolution

EET Fuels, part of Essar Oil (UK), secures a $350 million funding boost to advance its low-carbon refinery ambitions. This includes a strategic partnership with Afreximbank and an ...

Business

Global Oil Prices Surge Past $81: Inflation Fears Intensify Amid US Sanctions

Global oil prices surged past $81 per barrel due to US sanctions on Russian oil, impacting fuel retailers and raising inflation fears. India may shift towards Middle Eastern and Am...

Business

Daimler Truck Faces 12% Sales Drop in 2024 Amid Electric Vehicle Growth

Daimler Truck AG reports a 12% sales decline in 2024, with 460,409 units sold. Despite this, electric vehicle sales rose by 17%. Regional sales varied, with notable decreases in As...

Business

United Rentals Announces $4.8 Billion Acquisition of H&E Equipment Services

United Rentals Inc. is set to acquire H&E Equipment Services Inc. for $4.8 billion, enhancing its rental fleet by 64,000 units and generating significant cost synergies.

Business

Pushp Masale: A Spice Empire's Golden Journey - Celebrating 50 Years of Culinary Excellence

Pushp Masale celebrates 50 years of success, from a small spice shop to a national icon in India's spice industry. With a focus on quality, innovation, and customer satisfaction, P...

Business

ICRA Forecasts: Small Finance Banks to Experience Growth Slowdown to 18-20% in FY2025

ICRA predicts a growth slowdown for small finance banks to 18-20% in FY2025 due to rising delinquencies and asset quality issues. Efforts to diversify portfolios and focus on secur...

Business

DGCA Issues Warning to Akasa Airlines Over Dangerous Goods Handling Lapses

The DGCA has issued a warning to Akasa Airlines over lapses in dangerous goods handling, including unchecked lithium batteries and shipments exceeding weight limits. Akasa has admi...

Business

UK Launches Groundbreaking Investigation into Google's Dominance in Search Services

The UK's Competition and Markets Authority has launched an investigation into Google's search services, focusing on its market dominance and the need for effective competition, wit...