May 24, 2023, at 12:48 am
Mumbai: The Entrepreneurship Development Institute of India (EDII) has partnered with the State Bank of India Foundation (SBIF) for the skill development and training of 750 persons with disabilities (PwDs) under SBI’s Corporate Social Responsibility (CSR) project – Swavlamban.
ALD Automotive successfully completes the acquisition of LeasePlan
May 24, 2023, at 12:44 am
ALD Automotive has successfully completed the acquisition of of LeasePlan, one of the world’s leading fleet management and mobility companies, from a consortium led by TDR Capital.
Tata Motors wins order for 50 Magna 13.5-metre buses from Vijayanand Travels
May 23, 2023, at 11:11 pm
Mumbai: Automobile major Tata Motors on Tuesday announced that it has bagged the order for 50 Magna 13.5-metre buses from Vijayanand Travels.
Sustainable Laundry Champion Navjot Sawhney honoured at Icon Awards
May 23, 2023, at 08:15 pm
Navjot Sawhney, a British Sikh entrepreneur and the founder of the Washing Machine Project, has been recognized as one of the winners at the prestigious 21st Century Icon Awards held in London.
Sydney tour: Narendra Modi meets Fortescue Metals Group chief Andrew Forrest
May 23, 2023, at 02:21 pm
Sydney: PM Narendra Modi met the leading Australian industrialist Andrew Forrest, Executive Chairman and Founder of Fortescue Metals Group and Fortescue Future Industries on May 23 in Sydney.
Amazon Fresh expands to over 60 cities in India
May 22, 2023, at 11:15 pm
Kolkata: Amazon India on Monday announced the expansion of Amazon Fresh, its full basket grocery service to over 60 cities across India.
Bharti AXA Life Insurance drives digital transformation of services through ‘Project Serv-o-ttam’
May 22, 2023, at 09:42 pm
Kolkata: In its commitment to providing a seamless customer journey, Bharti AXA Life Insurance is constantly striving to strengthen its digital capabilities.
May 22, 2023, at 04:48 am
Shilliong/IBNS: Meghalaya's State Government, in collaboration with the Ministry of Development of North-Eastern Region (DoNER), successfully organized an investors roundtable in Shillong.
EPFO adds 1.39 crore net members in FY23, 13.40 lakh added in March
May 22, 2023, at 02:17 am
New Delhi: The Employees' Provident Fund Organisation (EPFO) added 13.40 lakh net members in the month of March, the Ministry of Labour & Employment said on Saturday.
Rs 2,000 notes Exchange: SBI issues guidelines to branches amid misinformation on social media
May 21, 2023, at 09:41 pm
Mumbai: The State Bank of India has issued a guideline to all its branches, allowing them to exchange or accept deposits in Rs 2000 notes "without obtaining any requisition slip".
Centre to develop Chhattisgarh's Gevra Mega project into Asia's largest coal mine
May 21, 2023, at 07:00 am
Raipur: The government is focussing on expanding the capacity of the Gevra Mega project in Chhattisgarh further to 70 million tonnes (MT) per annum. The expansion would establish the Gevra Mega project as the largest coal-producing mine in Asia.
May 21, 2023, at 06:44 am
Guwahati/IBNS: A memorandum of understanding (MoU) has been signed to develop a 'Riverine Based Religious Tourism Circuit' in the city of Guwahati, India.
May 21, 2023, at 05:21 am
London: Former Chief Economic Advisor Krishnamurthy Subramanian on Saturday said that the withdrawal of the Rs 2,000 note by the Reserve Bank of India (RBI) would not have an impact on the general public.
IT minister Ashwini Vaishnaw welcomes Japan's interest in joining India's UPI
May 20, 2023, at 08:48 am
New Delhi/Tokyo: Union minister Ashwini Vaishnaw on Friday welcomed Japan's interest in joining India’s Unified Payments Interface (UPI) payment system.
Tesla held talks with India on incentives for car and battery manufacturing: Report
May 20, 2023, at 08:35 am
New Delhi: The executives of US-based electric car maker Tesla engaged in discussions with Indian officials regarding potential domestic incentives for car and battery manufacturers, indicating that the company is reconsidering its entry into the Indian market, Reuters reported citing a source familiar with the matter.
Decarbonisation: Air Asia India operates India's first flight using sustainable aviation fuel
May 20, 2023, at 07:56 am
New Delhi: In a move towards decarbonisation of the aviation sector, budget carrier Air Asia India on Friday operated the first commercial flight in India powered by a blend of ‘indigenous’ sustainable aviation fuel (SAF).
May 20, 2023, at 07:16 am
New Delhi: The Centre on Friday announced that individuals who use their international debit or credit cards for payments, up to Rs 7 lakhs per financial year, will be exempted from the limits set under the Liberalized Remittance Scheme (LRS).
May 20, 2023, at 06:50 am
New Delhi: The National Company Law Appellate Tribunal (NCLAT) will hear a plea made by Jalan Kalrock Consortium (JKC), the successor to Jet Airways management, on May 22. JKC is seeking directions to prevent the State Bank of India (SBI) from invoking its bank guarantee of Rs 175 crore, media reports said.
JSW Steel Q4FY23 net profit grows 13.29% to Rs 3,664 cr
May 20, 2023, at 06:39 am
Mumbai: JSW Steel announced on Friday reported a consolidated net profit of Rs 3,664 crore for the quarter ending in March 2023, marking a 13.29 percent increase compared to Rs 3,234 crore in the same quarter of the previous year.
Logistics company Delhivery Q4FY23 loss widens to Rs 159 cr
May 20, 2023, at 05:57 am
Mumbai: Logistics unicorn Delhivery recorded a wider net loss of Rs 159 crore in the fourth quarter ending March 2023.
RBI transfers Rs 87,416 cr dividend to govt; Rs 40,000 cr more than expected
May 20, 2023, at 05:42 am
Mumbai: The central board of directors of the Reserve Bank of India (RBI) has given its approval for the transfer of Rs 87,416 crore as a dividend to the Centre, media reports said.
India achieves record coal prodn of 893.08 MT in FY23; prodn grows 47% in the last 9 yrs
May 20, 2023, at 04:32 am
New Delhi: India’s overall coal production has gone up by 47% to 893.08 million tonnes (MT) in the last nine years and supply has touched 877.74 MT, recording 45.37% growth, the government said on Friday.
India's forex reserves swell by $3.55 billion to $599.53 billion
May 20, 2023, at 02:39 am
Mumbai: India’s foreign currency reserves grew for the fourth consecutive week, reaching $599.53 billion as of May 12, according to the Reserve Bank of India’s statistical supplement released on Friday.
RBI to withdraw Rs. 2000 notes by Sept 30, will remain legal tender
May 20, 2023, at 02:30 am
New Delhi/IBNS: The Reserve Bank of India Friday announced that it will withdraw Rs.2,000 notes from circulation and people can exchange or deposit them in their bank accounts by Sept 30.
India's defence production value crosses Rs. 1 lakh crore mark in FY 2022-23
May 19, 2023, at 11:21 pm
New Delhi: The Indian government on Friday said India's defence production value in Financial Year 2022-23 has crossed the figure of Rs. 1 lakh crore for the first time ever.
India achieves 47 percent growth in coal production during last nine years: Govt
May 19, 2023, at 10:37 pm
New Delhi: During the last nine years, India’s overall coal production has gone up by 47 percent to 893.08 Million Tonne (MT) and supply has touched 877.74 Million tonne, recording 45.37 percent growth, officials said on Friday.
ITC Ltd Q4FY23 standalone PAT grows 21% to Rs 5,086.86 cr
May 19, 2023, at 03:03 am
Kolkata/IBNS: Hotels to FMCG conglomerate ITC Ltd on Thursday reported a growth of 21.4% YoY in its Q4FY23 standalone PAT to Rs 5,086.86 crore compared to Rs 4,190 crore in the same period in FY22.
PNB Housing Financing's Q4FY23 PAT jumps 65% YoY to Rs 279 cr; FY23 PAT grows 25% to Rs 1,046 cr
May 19, 2023, at 01:16 am
Kolkata: PNB Housing Financing on Thursday reported Profit After Tax of Rs 279 crore, a substantial year-on-year increase of 65%, and a modest 4% quarter-on-quarter growth, for Q4FY23.
May 18, 2023, at 09:45 pm
Kolkata/IBNS: India's largest public sector lender State Bank of India on Thursday reported that its FY23 net profit crossed Rs 50,00 crore reaching Rs 50,232 crores, representing a YoY growth of 58.58%. The net profit for the fourth quarter also witnessed impressive growth, surging by 83.18% to Rs 16,695 crores.
May 18, 2023, at 09:10 pm
New Delhi: The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the signing of the Memorandum of Understanding (MoU) between the Competition Commission of India (CCI) and the Egyptian Competition Authority (ECA).