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NIB and Epiroc agree on sustainability-linked financing

The Nordic Investment Bank (NIB) and Epiroc AB, the Sweden-based global mining and construction equipment manufacturer and service provider, have signed a ten-year USD 150 million (approx. EUR 136 million) sustainability-linked loan. The loan is connected to Epiroc’s climate targets, which support the decarbonisation of the mining industry. Epiroc […]

PV sales dip 19% in September, inventory hits record Rs 79K-crore mark | Auto

According to FADA, the near-term outlook for automobile retail is cautiously optimistic. Photo: Bloomberg 3 min read Last Updated : Oct 07 2024 | 10:34 AM IST Seasonal factors such as Shraddh and Pitrapaksha, coupled with heavy rainfall and a sluggish economy, dragged passenger vehicle retail sales down by 19 per cent in September. […]

Industry upbeat on policies as biz confidence index at 2-qtr high: CII | News

Economic momentum has gained speed post the general elections, the industry body stated | Illustration: Ajay Mohanty 2 min read Last Updated : Oct 06 2024 | 2:24 PM IST The industry is buoyed by policy continuity as the CII Business Confidence Index soared to a two-quarter high of 68.2 for the July-September period […]