Volvo Cars reports sales of 47,150 units in April, share of electrified cars increased to 38.4 pc
May 05, 2022, at 10:54 pm
Kolkata: Volvo Cars reported sales of 47,150 cars in April, down 24.8 percent compared with the same month last year, the company said Thursday.
Crypto investment startup Koinbasket raises $2 million in pre-seed round
May 05, 2022, at 09:24 pm
Bengaluru: KoinBasket, a thematic crypto investment start-up, has announced that it has raised $2 million in a pre-seed funding round.
Auto retail sale up 37 pc in April 22: FADA
May 05, 2022, at 08:59 pm
New Delhi: In spite of the semiconductor shortages along with high metal prices and container shortages, total vehicle retail for the month of April 2022 increased by 37 percent on a year-on-year (YoY) basis, data released by the Federation of Automobile Dealers Association (FADA) said on Thursday.
SBI likely to raise $2 billion via dollar bonds
May 05, 2022, at 07:34 am
Mumbai: India's largest sector lender SBI Wednesday said it is holding a meeting on May 10 to discuss raising up to $2 billion via US-dollar-denominated bonds.
India’s services exports hit record $254.4 billion in FY22
May 05, 2022, at 07:03 am
New Delhi: India’s Services exports set a new record of $254.4 billion in the financial year 2021-2022, the Ministry of Commerce & Industry said Wednesday.
Muthoot Finance plans to expand Gold Loan@Home services
May 05, 2022, at 05:03 am
Gold loan company Muthoot Finance Ltd is planning to rapidly expand its offering of Gold Loan@Home from 100+ locations to across 5400+ pan-India branches.
Dalmia Bharat, FLSmidth partner to develop more sustainability solutions
May 05, 2022, at 03:39 am
Copenhagen: Dalmia Cement (Bharat) Ltd, a subsidiary of Dalmia Bharat Limited, one of India’s leading cement manufacturers, and FLSmidth & Co. A/S, engineering, equipment, and service solutions to the global mining and cement industries, have signed an MoU to collaborate in the research and development of disruptive solutions for next-generation cement manufacturing.
May 05, 2022, at 02:34 am
Private sector lender Kotak Mahindra Bank Wednesday announced a consolidated PAT of Rs 3,892 crore for Q4FY22, up 50 percent from Rs 2,589 crore in Q4FY21.
India's GDP to hit $5 trillion in FY29
May 05, 2022, at 02:10 am
India will become a $5 trillion economy only by 2029, four years later than the target set by Prime Minister Narendra Modi.
May 05, 2022, at 01:17 am
IBNS Correspondent Nitin Waghela catches up with the Executive Director at Emcure Pharmaceuticals and business reality TV series Shark Tank India judge Namita Thapar to indulge in a candid conversation about her journey in Shark tank India, investment strategies, and the influence of her super achiever dad.
Indian Rupee recovers 10 paise against USD
May 04, 2022, at 11:03 pm
Mumbai: The Indian Rupee on Wednesday recovered ten paise to close at 76.41 against the USD on selling of fresh US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Tata Power Renewables Commissions 120MW solar project in Mesanka
May 04, 2022, at 10:58 pm
Mesanka: Tata Power Renewable Energy Limited (TPREL) 100% subsidiary of Tata Power has commissioned 120MW solar project in Mesanka, Gujarat.
Indian Market: Sensex tanks 1306.96 pts
May 04, 2022, at 10:47 pm
Mumbai: The BSE Sensex on Wednesday plummeted 1306.96 pts, to reach 55,669.93 at close as heavy selling was seen across the board.
IndiGo launches Super 6E product on its domestic network
May 04, 2022, at 10:40 pm
Kolkata/UNI: Budget carrier IndiGo has launched 'Super 6E” a new product offering with enhanced flying experience on its domestic network.
Amazon doubles exports pledge, to now enable $20 billion in exports from India by 2025
May 04, 2022, at 10:36 pm
Kolkata/UNI: Amazon on Wednesday unveiled the Exports Digest 2022 and announced that cumulative exports by Indian exporters on the Amazon Global Selling program are on track to surpass the $5 billion milestone.
RBI hikes repo rate by 40 bps to 4.4 pc
May 04, 2022, at 08:39 pm
Mumbai: Reserve Bank of India (RBI) Wednesday raised key interest rate by 40 basis points to 4.40 per cent with immediate effect.
Adani's Mumbai International Airport raises USD 750 mn from Apollo
May 04, 2022, at 07:48 pm
Mumbai/UNI: Billionaire Gautam Adani led Adani Enterprises on Wednesday said the Mumbai International Airport, which owns and operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA), has raised USD 750 million from Apollo-managed credit funds.
IndiGo announces appointment of Venkataramani Sumantran as Chairman of Board
May 04, 2022, at 07:42 pm
Kolkata/UNI: The Board of Directors (Board) of InterGlobe Aviation Limited (IndiGo) on Wednesday announced the appointment of Dr Venkataramani Sumantran, an Independent Non-Executive Director of the Indigo Board since May 28, 2020, as its Chairman.
May 04, 2022, at 04:38 pm
New Delhi/UNI: Petrol and diesel prices remained unchanged for the 28th day in a row on Wednesday.
LIC IPO opens today for subscription
May 04, 2022, at 02:14 pm
New Delhi: State-owned insurance major Life Insurance Corporation of India's Initial Public Offering (IPO) will open for subscription on Wednesday.
India's total coal production touches 661.54 lakh ton in April
May 03, 2022, at 11:44 pm
New Delhi: During the month of April, 2022 India’s total coal production stood at 661.54 lakh tons.
Godrej Properties posts PAT of Rs 260 cr in Q4FY22
May 03, 2022, at 11:13 pm
New Delhi: Realty player Godrej Properties on Tuesday reported a consolidated net profit of Rs 260 crore during the quarter ended March 31 on the back of higher revenues.
New financial year begins with record exports of USD 38.19 billion in April
May 03, 2022, at 11:03 pm
New Delhi: India has achieved monthly value of merchandise export in April 2022 amounting USD 38.19 billion, an increase of 24.22 percent over USD 30.75 billion in April 2021.
Elon Musk to replace Parag Agrawal as Twitter CEO: Report
May 03, 2022, at 05:42 am
San Francisco/IBNS: Twitter's new owner Elon Musk has decided on a new Chief Executive for the micro-blogging site who will replace CEO Parag Agrawal once the $44 billion-sale of the company is complete, news agency Reuters has reported quoting an unnamed source.
May 03, 2022, at 12:45 am
Bangalore: TKM on Monday announced that the company sold a total of 15,085 units in the month of April 2022, thereby registering a growth of 57% when compared to its wholesales in the corresponding period last year.
TVS Motor Company sales in April 2022 grows by 24 pct
May 03, 2022, at 12:40 am
Hosur: TVS Motor Company sales grew by 24% from 238,983 units in the month of April 2021 to 295,308 units in April 2022.
WardWizard dispatches 4,087 units of electric two-wheelers in April 2022
May 03, 2022, at 12:03 am
Vadodara: WardWizard Innovations and Mobility Ltd, manufacturers of the country’s leading electric two-wheeler brand ‘Joy e-bike’ entered the financial year FY’23 with a strong demand for its products.
Bank of Baroda slashes car loan interest rates
May 02, 2022, at 11:46 pm
New Delhi: Bank of Baroda on Monday announced to reduce rates on car loans to 7 per cent per annum with concession in processing charges for a limited period up to June 30, 2022.
TVS Motor Company launches Tech Loaded TVS NTORQ 125 XT
May 02, 2022, at 11:42 pm
Bengaluru: TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, on Monday announced the launch of its TVS NTORQ 125 XT, with segment-leading technology.
Narendra Modi receives guard of honour at Federal Chancellery in Germany
May 02, 2022, at 11:33 pm
Berlin: Prime Minister Narendra Modi was on Monday received by German Chancellor Olaf Scholz at the Federal Chancellery where he was accorded a ceremonial welcome.