November 24, 2024 17:28 (IST)
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'Just wait and watch': Sonia Gandhi after exit polls predict Modi's stormy return to power | Sensex shoots up by 2,000 points after exit polls show Modi's landslide victory in Lok Sabha polls | Magnitude 5.9 earthquake strikes Japan's Noto region, no injury reported | Don't run away, face defeat: Amit Shah mocks Congress's decision to boycott Exit Polls | Israel offers new proposal for Gaza peace with full ceasefire, says Joe Biden | 7-phase Lok Sabha Election to conclude today with PM Modi's Varanasi in focus | 'Fascinating,' Shashi Tharoor says on Yogendra Yadav's Lok Sabha election prediction | Rape-accused suspended JDS leader Prajwal Revanna sent to police custody till June 6 | PM Modi meditates at Vivekananda Rock Memorial in Kanyakumari ahead of final phase of Lok Sabha polls | Donald Trump found guilty of all 34 charges of falsifying business records

Motherson enters into a partnership with Honda Motor with an agreement to acquire 81% stake in Yachiyo Industry

Sep 15, 2024, at 11:45 am

Mumbai: Samvardhana Motherson International Limited, a 100% subsidiary of SMRP B.V. (SAHN B.V.), has entered into an agreement to acquire 81% stake in Yachiyo’s 4W (Y4W) Business.

Kalyan Jewellers announces the launch of its 3rd showroom in Bihar

Sep 15, 2024, at 11:45 am

Patna: Kalyan Jewellers, one of India’s most trusted and leading jewellery brands, today announced the launch of its brand new showroom in Patna, located at Anisabad.

Bandhan Mutual Fund launches Bandhan Financial Services Fund

Sep 15, 2024, at 11:45 am

Mumbai: Bandhan Mutual Fund has announced the launch of the Bandhan Financial Services Fund, an open-ended equity scheme, offering investors the opportunity to benefit from the multi-year growth opportunities in the financial services sector.

Indian Market: Sensex historic high at 65,479.05 pts

Sep 15, 2024, at 11:45 am

Mumbai: Maintaining a winning streak for the fifth straight session on Tuesday, the BSE Sensex ended record high at 65,479.05, up 274 pts on the strength of IT, Consumer Durable and Technology stocks.

Hero Vired appoints Prarthana Agarwal as Head of Finance, strengthening its position in India's EdTech industry

Sep 15, 2024, at 11:45 am

New Delhi: Hero Vired, India's leading LearnTech Company catering to professionals and higher education aspirants, announces the appointment of Prarthana Agarwal as its new Head of Finance.

Indian Market: Sensex hits fresh record at 65,503.85 pts

Sep 15, 2024, at 11:45 am

Mumbai:  The BSE Sensex remained on top for the fifth consecutive session on Tuesday, as it zoomed up 298 pts to open at 65,503.85 on the strength of Consumer Durable, Health Care and IT stocks.

India's May services exports show 7.7% growth to $27.06 billion, says RBI

Sep 15, 2024, at 11:45 am

Mumbai: India's services exports in May increased by 7.7% year-on-year to $27.06 billion, while imports rose by 2% to $15.5 billion, according to provisional data released by the Reserve Bank of India (RBI) on Monday.

IDFC First Bank plans merger with IDFC

Sep 15, 2024, at 11:45 am

Mumbai: The board of IDFC First Bank has given its approval for the merger of IDFC Ltd and IDFC Financial Holding Company with the bank through a scheme of amalgamation.

Senco Gold Limited's IPO price band fixed from Rs 301 to Rs 317 per equity share, subscription opens tomorrow

Sep 15, 2024, at 11:45 am

Kolkata: Jewellery retail major Senco Gold Limited on Monday said it proposes to open for subscription an initial public offering of equity shares of face value of Rs. 10 each ('Equity Shares')aggregating up to Rs. 4,050 million (Offer) on Tuesday.

ESAF Small Finance Bank Limited opens its Regional Office in Nagpur

Sep 15, 2024, at 11:45 am

Nagpur: ESAF Small Finance Bank Limited, a small finance bank with a focus on unbanked and under-banked customer segments, expanded its operations in Nagpur by opening its new regional office.

MOIL registers highest manganese ore production of 4.36 lakh MT

Sep 15, 2024, at 11:45 am

New Delhi: MOIL has achieved its best ever quarterly manganese ore production of 4.36 lakh MT in the first quarter of FY24, registering a substantial growth of 35% over the corresponding period last year (CPLY).

SpiceJet pays back Rs 100 cr loan to City Union Bank, frees collaterals

Sep 15, 2024, at 11:45 am

New Delhi: SpiceJet on Monday announced the successful settlement of a loan payment amounting to Rs 100 crore to City Union Bank, news agency ANI reported.

Coal prodn grows 8.4% to 222.93 MT in Q1 of FY 2023-24

Sep 15, 2024, at 11:45 am

New Delhi: India’s overall coal production surged substantially with a growth of 8.40% in Q1 of FY 2023-24, the Coal Ministry said on Monday.

Anil Ambani questioned by ED in FEMA violation case

Sep 15, 2024, at 11:45 am

Mumbai: Reliance ADA Group Chairman Anil Ambani appeared before the Enforcement Directorate (ED) in Mumbai on Monday, media reports said.

Volkswagen India expands its performance line with the introduction of Virtus GT DSG at INR 16.19 lakh

Sep 15, 2024, at 11:45 am

Mumbai: Volkswagen Passenger Cars India announces the expansion of its coveted Performance Line on the Virtus with a new variant introduction – Virtus GT DSG. Priced at INR 16,19,900 (ex-showroom), the Virtus GT DSG variant makes the sought-after GT badge further accessible for prospective customers.

Tata Motors to take a marginal price hike on its passenger vehicles from July 17

Sep 15, 2024, at 11:45 am

Mumbai: Auto mobile major Tata Motors on Monday announced that it will increase prices of its passenger vehicles (ICE and EVs), effective July 17, 2023, on an average of 0.6% across models and variants.

Ducati Memorabilia project updated with GP16 componentry

Sep 15, 2024, at 11:45 am

New Delhi: Ducati Memorabilia is the exclusive project launched in December 2019 by Ducati and Ducati Corse, that offers to the most passionate Ducatisti the chance to become owners of authentic and certified parts of the bikes used in recent years by factory riders in the MotoGP and World Superbike championships.

IndusInd Bank's promoter IIHL approves capital raising of USD 1.5Bn

Sep 15, 2024, at 11:45 am

Port Louis, Mauritius: IndusInd International Holdings Limited (IIHL), the promoter of IndusInd Bank, in its Board Meeting took the strategic decision to expand its business horizon in India and other global geographies, in the BFSI sector.

SBICAPS opens branch office in Abu Dhabi Global Market

Sep 15, 2024, at 11:45 am

Abu Dhabi/Mumbai: SBI Capital Markets Limited (SBICAPS), a wholly owned subsidiary and investment banking arm of State Bank of India (SBI)on Monday announced the opening of its first overseas branch office in Abu Dhabi Global Market (ADGM), an international financial centre and free zone located on Al Maryah Island in UAE’s capital, Abu Dhabi.

Suzuki Motorcycle India registers 80,737 unit sales in June 2023

Sep 15, 2024, at 11:45 am

New Delhi: Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, on Monday said it registered an overall sale of 80,737 units in June 2023.

Indian Market: Sensex touches new peak at 65,205.05 pts

Sep 15, 2024, at 11:45 am

Mumbai: The BSE Sensex remained on top for the fourth straight session on Monday, breaching 65K level at 65,205.05, surging 486.49 pts on strong global peer.

India's manufacturing PMI eases to 57.8 in June

Sep 15, 2024, at 11:45 am

New Delhi/UNI: India's factory activities continued to be strong but expanded at a slower pace in June 2023, with manufacturing PMI (Purchasing Managers’ Index) easing to 57.8 during the month from 58.7 in May, according to S&P Global survey findings released on Monday.

Assam launches Rs 250 crore fund in collaboration with World Bank to boost agriculture sector

Sep 15, 2024, at 11:45 am

The World Bank and other multiple stakeholders have joined forces to establish a Rs 250 crore fund in Assam promote small and medium units in the agriculture sector.

Sensex hits fresh record at 65,157.73 points

Sep 15, 2024, at 11:45 am

Mumbai/UNI: The BSE Sensex on Monday touched the 65K level for the first time at 65,157.73, surging 439.17 pts in the opening session as buying was seen across the board amid strong global cues.

Rupee at 81.84 against USD

Sep 15, 2024, at 11:45 am

Mumbai/UNI: The Rupee on Monday rallied 25 paise at 81.84, against the US Dollar in the opening session on selling of US Dollar by bankers and exporters, dealers at Foreign Exchange said.

Indian green chillies will be available in Bangladesh market from tomorrow

Sep 15, 2024, at 11:45 am

Dhaka: Consignments of green chillies have started arriving from India through Bhomra land port in Satkhira. Indian green chillies will be available in the Bangladesh market from July 3, sources said on Sunday.

NTPC records remarkable growth in coal production and despatch

Sep 15, 2024, at 11:45 am

Mumbai/IBNS: NTPC Ltd., India's leading integrated power producer, has reported a substantial growth of 99% in coal production from its captive mines during the first quarter of the fiscal year 2024, as compared to the corresponding period in the previous year. 

Hyundai registers cumulative sales of 65,601 units in June' 23

Sep 15, 2024, at 11:45 am

Chennai:  Passenger car maker Hyundai Motor India Limited (HMIL) on Saturday announced that it has registered a total sales of 65,601 units in June 2023.

Toyota Kirloskar Motor continues to post strong sales growth, records sales of 19,608 Units in June

Sep 15, 2024, at 11:45 am

Bangalore: Toyota Kirloskar Motor (TKM) on Saturday reported an impressive performance with the sales of 19,608 units in the month of June 2023, an increase of 19 percent over the same period last year, where the company sold 16,512 units.

Nissan registers wholesales of 5832 units in June

Sep 15, 2024, at 11:45 am

New Delhi: Automobile major Nissan Motor India Pvt. Ltd. (NMIPL) has announced wholesales of 5832 units for the month of June 2023. Domestic wholesales stood at 2552 units, while export wholesales stood at 3280 units.