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  • ONGC gets US licence to resume Venezuela operations, eyes operatorship

Business News

ONGC gets US licence to resume Venezuela operations, eyes operatorship

FinSiddhiAugust 16, 2026

State-owned Oil and Natural Gas Corp (ONGC) has secured a licence from the US Treasury’s Office of Foreign Assets Control (OFAC), allowing it to resume full operations in Venezuela after years of limiting activity because of sanctions-related risks, a senior company official said. The US approval removes a key hurdle for ONGC’s Venezuelan investments and…

Business News

Jindal Stainless investing ₹900 cr to increase cold rolling capacity: MD

FinSiddhiAugust 16, 2026

Jindal Stainless is investing Rs 900 crore to increase its cold rolling capacity to cater to the rising demand of the product from sectors such as automotive, appliances, and food processing, the company’s Managing Director Abhyuday Jindal said. The investment will increase the company’s cold rolling capacity from 2.05 MTPA to 2.67 MTPA by FY28,…

Business News

BAN stun AUS by 9 wickets, seal historic first Test win on Australian soil

FinSiddhiAugust 16, 2026

Bangladesh completed a stunning nine-wicket victory over Australia in the first test on Sunday, securing its first win on Australian soil and only its second victory over the top-ranked Australia. After making a vital half-century in Bangladesh’s first innings, Mehidy Hasan Miraz took five wickets in Australia’s second innings to restrict the hosts to a…

Business News

EPL sees beauty, cosmetics segment as growth driver, lifts revenue guidance

FinSiddhiAugust 16, 2026

Packaging major EPL Ltd expects its beauty and cosmetics business to emerge as the key growth engine going forward, even as its oral care segment continues to deliver steady growth, said its Global CEO Hemant Bakshi. EPL sees the growth momentum continuing in July after reporting 25 per cent topline growth in the June quarter,…

Business News

Indian Bank plans to raise $400 mn via ECB this week: MD Binod Kumar

FinSiddhiAugust 16, 2026

To cash in on the RBI’s concessional swap window, Indian Bank plans to raise USD 400 million through External Commercial Borrowings (ECB) this week to support its business growth. In addition, the public sector lender may mop up another USD 600 million via ECB before the Reserve Bank of India’s deadline of December 31, 2026….

Business News

Shera Energy eyes 25-30% revenue growth in FY27, bets on capacity expansion

FinSiddhiAugust 16, 2026

Jaipur-based Shera Energy is targeting 25-30 per cent revenue growth in the current financial year, supported by capacity expansion and foray into new value-added products to cater to the power and renewable energy sectors, according to a top company official. The NSE-listed company, which is also into recycling, began operations in 2003 with aluminium winding…

Business News

Amber to start manufacturing Oppo, OnePlus, Realme phones from Q4FY27

FinSiddhiAugust 16, 2026

Electronics manufacturing services firm Amber Enterprises India expects to start manufacturing Chinese smartphones under Oppo, OnePlus and Realme brands from the March 2027 quarter and double the output in the second year, a top company official said. Amber Enterprises India Executive Chairman and CEO and whole-time director Jasbir Singh, during the company’s earnings call, said…

Business News

Worried your toddler isn’t getting enough iron? What parents need to know

FinSiddhiAugust 16, 2026

Iron deficiency is common among young children, but simple dietary changes can help toddlers meet their iron needs and support healthy growth

Business News

Unitech buyers worried over vacant CMD post, lack of funds for projects

FinSiddhiAugust 16, 2026

Distressed homebuyers of crisis-hit Unitech Ltd have expressed concern over a lack of funds to complete stalled projects and demanded that the unsold assets of the realty firm should be auctioned to expedite construction works. Five associations, representing thousands of property buyers of Unitech Ltd, also sought that a new Chairman and Managing Director (CMD)…

Business News

Anthropic CEO Dario Amodei rejects claim AI regulation would concentrate power

FinSiddhiAugust 16, 2026

Responding to a debate sparked by comments from investor Gavin Baker, Amodei said the choice between concentrating AI power through regulation and distributing it widely was a “false choice”. He argued that fair institutional processes can constrain corporate power and protect individuals, while regulation can be designed to place greater burdens on the most advanced…

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Symbol Price Change Change %
BOM 7.99 +0.00 +0.00%
TYO 14.62 +0.13 +0.93%
AAPL 305.93 +0.67 +0.22%
GOOGL 345.90 -0.46 -0.13%
MSFT 495.40 -1.48 -0.30%

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Business News

ITAT Private Secretary recruitment 2026: Apply by 11:59 PM today for 42 vacancies; direct link

FinSiddhi August 16, 2026

ITAT recruitment 2026 application closes today, August 16, for 42 Senior Private Secretary and Private Secretary posts. The official recruitment portal confirms that online applications will remain open until 11:59 PM. Applicants must meet the prescribed degree, shorthand, typing, computer knowledge and age requirements. The selection process includes a written examination, skill test and personal…

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Making Tamil Nadu corruption-free is like achieving freedom, says CM Vijay

FinSiddhi August 16, 2026
Business News

Tragic tale: In 1962, Oklahoma researchers gave 14-year-old elephant Tusko 297 mg of LSD, the largest single dose ever administered; he collapsed within five minutes and died 100 minutes later

FinSiddhi August 16, 2026
Business News

Largest-ever military pipe band display marks 80 years of India’s Independence

FinSiddhi August 16, 2026

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Latest Posts

  • ONGC gets US licence to resume Venezuela operations, eyes operatorship
  • Jindal Stainless investing ₹900 cr to increase cold rolling capacity: MD
  • BAN stun AUS by 9 wickets, seal historic first Test win on Australian soil
  • EPL sees beauty, cosmetics segment as growth driver, lifts revenue guidance
  • Indian Bank plans to raise $400 mn via ECB this week: MD Binod Kumar
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