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In a major step towards restructuring its operations, Eastern Coalfields Ltd (ECL) has reopened two previously closed mines under the Mine Developer and Operator (MDO) revenue-sharing model. The move, inaugurated virtually by Union Coal Minister G Kishan Reddy on Saturday, marks a strategic shift aimed at reviving loss-making assets and improving operational efficiency, PTI reported…
The Indian real estate sector has achieved its best fundraising results in seven years, according to a report by Equirus Capital. This increase shows renewed investor confidence and a steady recovery in property markets.The sector raised Rs 23,080 crore across 12 deals, the highest amount since 2017. This indicates a strong rebound in real estate…
Shares of luxury giant LVMH had their best day in over two decades on Wednesday, soaring as much as 14% after reporting stronger-than-expected quarterly sales that signalled a possible revival in Chinese demand. The rally added nearly $80 billion to the combined market value of European luxury stocks, according to Reuters report.The world’s largest luxury…
Bangladesh chief adviser Muhammad Yunus has raised the issue of the revival of Saarc with Sergio Gor, the US ambassador-designate to India who will also play the role of special envoy for South and Central Asia.Yunus told Gor, who he met on the margins of the UNGA in New York, that the interim govt has…
