Why power surplus Bangladesh wants to buy electricity from Adani
Sep 07, 2022, at 06:49 pm
New Delhi: In his meeting with Prime Minister of Bangladesh Sheikh Hasina, Adani Group chairman Gautam Adani said his company is committed to commissioning the 1600 MW Godda Power Project and dedicated transmission line to Bangladesh by the end of this year.
Russia's fossil fuel export revenue tops its Ukraine war cost
Sep 07, 2022, at 06:45 pm
Russia's earnings from oil gas and coal exports in the last six months have covered its expenditure on the Ukraine invasion, according to an analysis from Helsinki-based nonprofit think tank Centre for Research on Energy and Clean Air, reported ET.
Russia to accept rubles and yuan from China for gas imports
Sep 07, 2022, at 05:56 pm
Russia's energy giant Gazprom said Tuesday that China will start paying for Russian gas in rubles and yuan instead of US dollars, AFP reported.
Adani Group allays concerns about being overleveraged, says loans from PSBs halved
Sep 07, 2022, at 06:47 am
Gautam Adani-led Adani Group has responded to concerns about it being overleveraged citing an improved net debt to operating profit ratio and more than halving of loans from public sector banks, media reports said.
ED arrests ex-NSE CEO Ravi Narain in money laundering case
Sep 07, 2022, at 06:44 am
New Delhi/IBNS: The Enforcement Directorate (ED) Tuesday arrested former National Stock Exchange (NSE) chief executive officer (CEO) Ravi Narain in a money laundering case related to alleged illegal phone tapping and snooping of NSE employees.
Swaraj Tractors crosses 20 Lakh production milestone
Sep 07, 2022, at 05:46 am
Mohali: Swaraj Tractors, part of Mahindra Group, rolled out its 20th Lakh tractor from the company’s plant in Mohali, Punjab on Tuesday.
Centre says no bids invited for running passenger trains in PPP mode; rejects media report
Sep 07, 2022, at 05:35 am
New Delhi: The government is not considering any proposal to run passenger trains in public-private partnership (PPP) mode as mentioned in a report published in a prominent daily, the Ministry of Railways said in a statement on Tuesday.
Centre planning to bring all the states on National Single Window System by March 2023
Sep 07, 2022, at 04:35 am
New Delhi: The Centre is planning to bring on board all the states that are yet to integrate with National Single Window System (NSWS) by March next year, the Department for Promotion of Industry and Internal Trade (DPIIT) said on Tuesday (Sept 6).
Priyanka Chopra's hair care brand Anomaly makes India debut with Nykaa
Sep 07, 2022, at 04:25 am
Popular Indian actor with global fame Priyanka Chopra's hair care brand Anomaly made its debut in the Indian market joining hands with e-commerce retailer Nykaa.
Coal production from captive & commercial blocks jumps 58 pc in Apr-Aug FY23
Sep 07, 2022, at 02:52 am
New Delhi: Coal production during April-August (FY23) stood at 43.93 million ton, 57.74 percent higher than 27.85 million ton produced during the same period the previous year, the Ministry of Coal said Tuesday.
‘Partnership of Trust’ between India-US progressing from strength to strength: Piyush Goyal
Sep 07, 2022, at 02:18 am
San Francisco (US): Union Commerce and Industry Minister Piyush Goyal Tuesday interacted with the US India Strategic Partnership Forum (USISPF), the leadership of GITPRO (Global Indian Technology Professionals Associations) and FIIDS (Foundation for India and Indian Diaspora Studies) here.
Centre releases Revenue Deficit Grant of Rs 7,183.42 cr to 14 States
Sep 07, 2022, at 01:44 am
The Department of Expenditure, Ministry of Finance on Tuesday released the sixth monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 7,183.42 crore to 14 states, according to a Ministry of Finance statement.
Captive and commercial blocks of Jharkhand likely to produce 37.3 MT Coal in 2022-23
Sep 07, 2022, at 01:07 am
New Delhi: Production from captive and commercial coal blocks of Jharkhand is likely to be about 37.3 million ton in 2022-23 against 17.72 million ton in 2021-22, a 110.4 percent year-on-year increase, the Ministry of Coal said Tuesday.
Paytm registers 6 mln loan disbursals during July-Aug period
Sep 07, 2022, at 12:18 am
Mumbai/UNI: One 97 Communication, the parent company of Paytm, Tuesday said its loan distribution business scaled to six million disbursals during the July-Aug period, aggregating to Rs 4,517 crore.
Skipper Ltd engineering business wins New order of Rs 225 crores
Sep 06, 2022, at 11:12 pm
Kolkata: Skipper Limited (BSE: 538562) and NSE (Symbol: SKIPPER), manufacturers of Power Transmission & Distribution structures and a prominent manufacturer of Telecom and Railway structures, Tuesday announced that it has secured fresh new order of Rs 225 crores for several Domestic & International T&D projects including Telecom.
Sep 06, 2022, at 10:33 pm
Mumbai: The BSE Sensex remained weak on Tuesday, declined 48.99 points to close at 59,196.99 as selling was seen in IT, Auto and Bankex stocks.
Indian Rupee ends almost steady at 79.83 against USD
Sep 06, 2022, at 10:30 pm
Mumbai: The Rupee on Tuesday closed almost flat at 79.83, rising by one paisa against the USD on selling of US Dollar from bankers and importer, dealers at the Foreign Exchange said.
Reliance Industries Limited to acquire majority stake in SenseHawk
Sep 06, 2022, at 02:42 pm
Mumbai: Reliance Industries Ltd on Tuesday signed definitive agreements to acquire a majority stake in SenseHawk Inc for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products, and R&D.
NTPC acquires Jhabua Power Limited through Corporate Insolvency Resolution route
Sep 06, 2022, at 04:59 am
Mumbai: State-run integrated power generation company NTPC has successfully acquired Jhabua Power Limited (JPL) through Corporate Insolvency Resolution Process initiated by National Company Law Tribunal, Kolkata, (NCLT).
Sep 05, 2022, at 11:11 pm
Kolkata: Bank of India has become the first public sector bank to go live on Income Tax Department’s new Direct Tax Collection System Tin 2.0.
Indian Railways records best ever August Monthly freight loading of 119.32 MT in August’22
Sep 05, 2022, at 07:19 pm
New Delhi: Indian Railways (IR) has recorded best ever August Monthly freight loading of 119.32 MT in August’22.
Volvo Cars appoints Johan Ekdahl as CFO
Sep 05, 2022, at 06:18 pm
New Delhi: Volvo Cars has appointed Johan Ekdahl as Chief Financial Officer, effective Sept1, 2022.
Longevity Risk: Ways to Tackle It
Sep 05, 2022, at 02:45 am
In an era marked by increased life expectancy, no risk is more potentially debilitating for the average investor than Longevity Risk. Indians, who are now living longer, face the terrible prospect of outliving their resources, especially their retirement savings. The scenario seems bleak for policy mavens – they must ensure comprehensive old-age social security for all, a goal that is far from being achieved in our country
Former Tata Sons chairman Cyrus Mistry dies in road accident close to Mumbai
Sep 04, 2022, at 11:08 pm
Mumbai: Former Tata Sons chairman Cyrus Mistry, who had replaced Ratan Tata, died in a road mishap in Palghar region of Maharashtra on Sunday.
Inflation is likely to follow downward trajectory in India: Shaktikanta Das
Sep 03, 2022, at 06:32 am
Inflation is likely to go down in the coming months and the impact of high inflation is already past its peak, Reserve Bank of India Governor Shaktikanta Das said Friday.
Linking bilateral trade to border tension not a good stance by India, says Chinese diplomat
Sep 03, 2022, at 03:07 am
Kolkata: The Chinese companies are hit by uncertainty and don't feel at ease doing business in India owing to the treatment and the policies of the Indian government, the Chinese Consulate General in Kolkata Zha Liyou Thursday said.
US, Taiwanese companies apply for manufacturing semiconductors in India, says Minister
Sep 02, 2022, at 11:54 pm
New Delhi: Minister of State for Electronics and Information Technology Rajeev Chandrasekhar has said companies from the US, Taiwan and certain European nations have shown interest in setting up semiconductor manufacturing units in India.
BoB Financial and Snapdeal launch co-branded JCB RuPay Contactless Credit Card
Sep 02, 2022, at 10:30 pm
Kolkata: BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card.
Axis Mutual Fund launches ‘Axis Silver ETF’ and ‘Axis Silver Fund of Fund’
Sep 02, 2022, at 10:28 pm
Kolkata: Axis Mutual Fund, one of the leading asset management companies in India announced the launch of Axis Silver ETF (an open ended scheme replicating/tracking domestic price of Silver) and Axis Silver Fund of Fund (an open ended fund of fund scheme investing in units of Axis Silver ETF), on Friday.
IndusInd Bank and ADB join hands to support Supply Chain Financing
Sep 02, 2022, at 10:26 pm
Kolkata: IndusInd Bank on Friday announced a strategic partnership with Asian Development Bank (ADB) to support and promote Supply Chain Finance (SCF) solutions in India.