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NRL to invest Rs 35,000 crore in major ongoing projects

The company is determined to execute the major ongoing initiatives, namely, Numaligarh Refinery expansion, Paradip Numaligarh crude oil pipeline and crude oil import terminal at Paradip, 2G ethanol project and IBFPL, Chairman cum Managing Director Ranjit Rath told reporters after the annual general meeting. from Moneycontrol Business News https://ift.tt/87tdV69

SoftBank-backed Oyo seeks to resurrect IPO after growth resumes

The hotel-booking company filed fresh financial documents on Monday and is now targeting an initial public offering in early 2023 provided that India’s stock market continues to hold up and economic conditions improve, according to people familiar with the matter. from Moneycontrol Business News https://ift.tt/DmzclIy

Plot near Jewar Airport: नोएडा एयरपोर्ट के करीब प्लॉट के नाम पर मिल सकता है ठेंगा, यमुना अथॉरिटी ने जारी किया अलर्ट

नोएडा एयरपोर्ट (Noida) के करीब घर बनाने का सपना भारी पड़ सकता है। यमुना अथॉरिटी (YEIDA) ने दावा किया है कि एक फर्जी बेवसाइट उसके नोएडा एयरपोर्ट के करीब उसके नोटिफाइड एरिया में रेजिडेंशियल प्लॉट बेच रही है। उसने अलर्ट जारी करते हुए कहा है कि इससे निवेशकों को चूना लग सकता है। from प्रॉपर्टी समाचार, रियल एस्टेट खबरें, Real Estate India, Property News https://ift.tt/V9abpwG

Ola to lay off at least 500 employees across software teams

Many of these employees are believed to have been working on different aspects of the Ola app. The move comes against the backdrop of declining sales of the Ola Electric scooter. from Moneycontrol Business News https://ift.tt/eLZ8cgv

Goldman Sachs lowers US growth forecast for 2023 after rate path change

Following a recent increase in its expectations for Federal Reserve interest rate increases, Goldman Sachs Group Inc. reduced its projections for US economic growth in 2023. Compared to an earlier projection of 1.5%, analysts predicted that the US gross domestic product will rise by 1.1% in 2023. from Moneycontrol Business News https://ift.tt/5IdSW3B

EU recommends suspending billions in funding to Hungary

Due to worries about Hungary#39;s democratic decline and potential financial malfeasance, the executive body of the European Union proposed to the group on Sunday that it halt providing Hungary with financing of roughly 7.5 billion euros ($7.5 billion). from Moneycontrol Business News https://ift.tt/JvFiqzO

Cryptocurrency Prices Today September 18: Major cryptos flatline as volumes decline

The total volume in DeFi stood at $3.86 billion, 8.02 percent of the total crypto market 24-hour volume. from Moneycontrol Business News https://ift.tt/RS0wGIz