4 Indian women, including Finance Minister Sitharaman, rank in Forbes' top influential list
Dec 07, 2023, at 09:19 am
New Delhi: Finance Minister Nirmala Sitharaman has been ranked 32nd in Forbes' list of the world's most influential women, alongside notable women such as US Vice President Kamala Harris and musician Taylor Swift.
Next spectrum auction in Feb 2024 at same reserve prices
Dec 07, 2023, at 06:46 am
New Delhi: The next spectrum auction, scheduled for late February 2024, will maintain the same reserve prices for most bands as in the 2022 auction, Business Standard reported citing the Department of Telecommunications (DoT) officials.
RBI's MPC meeting starts amid anticipations of status quo on key interest rate
Dec 07, 2023, at 06:34 am
Mumbai: As the Reserve Bank of India (RBI) commenced its three-day Monetary Policy Committee (MPC) on Wednesday, expectations are high that the Central bank will adhere to the current state of affairs regarding the repo rate, opting to retain it at 6.5%.
Shree Cement plans to participate in the Centre's lithium mine auction: Report
Dec 07, 2023, at 06:09 am
New Delhi: Shree Cement plans to participate in the bidding process for lithium mining rights, Reuters reported.
Volvo Car India names Jyotsana Singh Kaushik as Director of Marketing & PR
Dec 07, 2023, at 05:01 am
Kolkata/IBNS: Swedish luxury car company Volvo Cars India has appointed Jyotsana Singh Kaushik as Director of Marketing & PR.
Adani Green Energy ranks as 2nd largest global solar PV developer in Mercom Capital's report
Dec 07, 2023, at 03:27 am
Renewable energy solutions company Adani Green Energy Limited (AGEL) has become the second-largest global solar PV developer, according to Mercom Capital Group's latest Annual Global Report.
Adani Group to invest USD 75 billion towards energy transition by 2030
Dec 07, 2023, at 03:10 am
Mumbai: Adani Group Chairman Gautam Adani on Wednesday announced plans to invest USD 75 billion towards energy transition projects by 2030.
Spotlight India: Singapore's investment giant Temasek's top execs on a visit to India
Dec 07, 2023, at 02:41 am
Mumbai: The 11-member board of directors from Temasek is currently on an important visit to India, seen as a global bright spot, Moneycontrol reported.
Kia introduces new K-Charge Initiative featuring 1000+ charging stations in India
Dec 06, 2023, at 10:50 pm
Car maker Kia India unveiled K-Charge — an initiative in the 'MyKia' app that allows users to discover over 1000 EV charging stations nationwide.
Indian Market: Sensex closes at 69,653.73 pts
Dec 06, 2023, at 10:21 pm
Extending rally for the third straight session on Wednesday, the BSE Sensex ended at a new peak at 69,653.73, up 357.59 pts following gains in Power, Utilities, Oil and Gas and IT stocks.
Air India’s IT infrastructure is now cloud-only, historic data centres closed
Dec 06, 2023, at 08:09 am
Gurugram: Tata Group-owned carrier Air India has successfully migrated to cloud-only IT infrastructure, having closed its historic data centres located in Mumbai and New Delhi, an official release said on Tuesday.
RBI cracks whip on peer-to-peer lenders over violation of rules and misselling: Report
Dec 06, 2023, at 07:42 am
Mumbai: The Reserve Bank of India has instructed peer-to-peer lending platforms to halt certain activities after inspections revealed violations of rules and deceptive sales practices, Reuters reported.
CBI searches 13 locations in various cities in UCO Bank's Rs 820 cr IMPS transaction incident
Dec 06, 2023, at 07:00 am
New Delhi: The Central Bureau of Investigation (CBI) has filed an FIR related to IMPS transactions amounting to Rs 820 crore in UCO Bank in November this year.
Dec 06, 2023, at 06:10 am
Kolkata: P.C. Sen Charitable Trust, supported by Senco Gold and Diamonds, inaugurated Prabhat Diagnostics Centre at Rasapunja area in West Bengal’s South 24 Parganas district on Tuesday.
Adani Group completes stake purchase in Sanghi Industries Ltd
Dec 06, 2023, at 05:19 am
Mumbai: Adani Group-owned Ambuja Cements completed the acquisition of Sanghi Industries Ltd (SIL) at a revised offer price of Rs 121.90 per share, ET reported.
Moody's downgrades China's credit rating outlook from 'stable' to 'negative'
Dec 06, 2023, at 03:41 am
Beijing: Ratings agency Moody's on Tuesday revised China's credit rating outlook from "stable" to "negative" due to the increasing debt in the world's second-largest economy.
21,791 fake GST registrations, tax evasion of over Rs 24,000 cr uncovered: Sitharaman
Dec 06, 2023, at 02:28 am
New Delhi: GST officers have identified 21,791 fraudulent GST registrations and uncovered potential tax evasion exceeding Rs 24,000 crore during a two-month-long special drive, Finance Minister Nirmala Sitharaman on Tuesday said.
SBI to increase stake in SBI Pension Funds to 80%
Dec 06, 2023, at 02:06 am
Mumbai: State Bank of India Tuesday said it plans to buy a 20 percent stake in SBI Pension Funds in SBI Pension Funds held by SBI Capital Markets.
Indian Market: Sensex zooms to new high to touch 69,296.14 pts
Dec 05, 2023, at 10:01 pm
The BSE Sensex hit fresh record highs on Tuesday for a second straight session, surging 431.02 pts to close at 69,296.14 on the strength of Utilities, Power and BSE services stocks even as a global stock rally declined ahead of key US data.
India's services PMI falls to one year-low of 56.9 in November: S&P Global
Dec 05, 2023, at 05:02 pm
New Delhi/UNI: India's services activities continued to expand in November, but pace of growth slowed down during this period.
Indian Market: Sensex, Nifty touches all-time high
Dec 04, 2023, at 10:14 pm
The BSE Sensex on Monday ended at an all time high at 68,865.12, surging 1383.90 following gains in Oil and Gas, Bankex, Utilities and Power stocks amid excellent performance shown by BJP in recent assembly elections.
NTPC's coal dispatch grows 90% YoY till November
Dec 02, 2023, at 06:46 am
New Delhi: State-run power manufacturer NTPC Ltd on Friday reported a substantial growth of 90% year-on-year in coal dispatch from its captive mines till November in FY 2023-24 achieving a total coal dispatch of 23.12 million metric tonnes (MMT).
Coal production grows 11% YoY to 84.53 MT in November
Dec 02, 2023, at 06:28 am
New Delhi: India's coal production surged during November, reaching 84.53 MT, up 11.03% compared to 76.14 MT of the corresponding month in the previous year.
GST collection surges 15% YoY to Rs 1.68 trillion in November
Dec 02, 2023, at 06:18 am
New Delhi: Highlighting the ongoing robust activity in the Indian economy, the collection of goods and services tax (GST) witnessed a substantial 15% year-on-year surge in November.
Adani Group plans to invest Rs 7 trillion in infra projects over next 10 yrs: Report
Dec 02, 2023, at 05:49 am
Mumbai: Billionaire Gautam Adani-led ports-to-green energy conglomerate Adani Group is looking to invest Rs 7 trillion ($84.00 billion) in infrastructure projects over the next ten years, reported Reuters Chief Financial Officer Jugeshinder Singh on Friday.
RBI and Bank of England sign MoU to end CCIL deadlock
Dec 02, 2023, at 05:22 am
Mumbai: The Reserve Bank of India and Bank of England Friday inked a memorandum of understanding (MoU) to end the imbroglio over British banks’ participation in Indian bonds and derivative market.
Indian Market: Sensex surges 492.75 points
Dec 02, 2023, at 12:34 am
The equity market remained robust on the last session of the week as BSE Sensex soared 492.75 points to close at 67,481.19 following gains in power, FMCG, capital goods, and utility stocks amid global cues.
Mahindra Auto sells 39,981 SUVs in November
Dec 02, 2023, at 12:20 am
Mahindra & Mahindra Ltd. (M&M Ltd), one of India’s leading automotive companies, on Friday announced that its overall auto sales for the month of November 2023 stood at 70,576 vehicles, a growth of 21 per cent, including exports.
Dec 01, 2023, at 04:14 pm
Mumbai/UNI: Extending the rally on Friday, the BSE Sensex advanced 310.98 points, breaching the 67K level at 67,299.42 in the opening session on strong global cues.
Competition watchdog greenlights Abu Dhabi Ports' acquisition of Delanord Investments
Nov 30, 2023, at 06:50 am
New Delhi: The Competition Commission of India (CCI) has approved the acquisition of shareholding in Delanord Investments by Abu Dhabi Ports Company.