India’s first pure green hydrogen plant commissioned in Jorhat
Apr 21, 2022, at 06:27 am
Jorhat (Assam): Oil India Limited (OIL) Wednesday commissioned a 99.999 percent pure Green Hydrogen pilot plant, with an installed capacity of 10 kg per day at its Jorhat Pump Station in Assam, the ministry of petroleum and natural gas said in a statement
14 companies shortlisted for drone PLI scheme
Apr 21, 2022, at 05:39 am
New Delhi: The aviation ministry today said it has shortlisted 14 companies under the Production-Linked Incentive (PLI) Scheme for drone and drone components. The list includes Adani joint venture company with Israeli firm Elbit as well as IdeaForge Technology.
Tata Steel to stop doing business with Russia
Apr 21, 2022, at 04:36 am
Tata Steel is going to stop doing business with Russia, the company said Wednesday, becoming the latest company to sever business ties with Russia after it attacked Ukraine, Reuters reported.
BGBS: Gautam Adani pledges Rs 10,000 cr investment in Bengal
Apr 21, 2022, at 03:19 am
Kolkata: The Adani Group on Wednesday promised to invest Rs 10,000 crore in West Bengal over the next decade, Gautam Adani announced on Wednesday.
TReDS platform Invoicemart reaches record throughput of Rs 26000 cr
Apr 21, 2022, at 01:27 am
Trade Receivables Discounting System (TReDS) platform Invoicemart reached a record throughput of Rs 26000+ crores out of which Rs 14600+ crores was recorded in the last financial year.
CoinSwitch hires Ankit Vengurlekar as its first-ever Editor-in-Chief
Apr 21, 2022, at 12:59 am
April 20: Crypto investing app CoinSwitch has appointed Ankit Vengurlekar as Editor-in-Chief to strengthen user education initiatives as part of its mission to build an ecosystem that simplifies Crypto.
India's non-basmati rice exports jump by 109 pc to $ 6115 million
Apr 20, 2022, at 11:46 pm
New Delhi: India’s non-basmati rice exports jumped 109 percent from $ 2925 million in FY 2013-14 to $ 6115 million in FY 2021-22.
Russia increases export quota of fertilizer producers, India to benefit
Apr 20, 2022, at 10:49 pm
Russia has increased the export quotas for Russian producers of mineral fertilizer by almost 700,000 tons and that of nitrogen fertilizers was increased by 231000 tons, media reports said.
Apr 20, 2022, at 10:24 pm
Mumbai: Snapping a losing streak of last five sessions, the BSE Sensex on Wednesday posted 574.35 pts gain to close at 57,037.50 following rise in Auto, Energy, Oil and Gas and Technology stocks.
Reliance Jio added 10 million active users in Feb beating Airtel
Apr 20, 2022, at 09:20 pm
New Delhi: Reliance Jio added 10 million active users in February but lost 3.66 million gross subscribers, indicating that the telecom major has not been affected by the SIM consolidation after the tariff hike last December and has continued its continuing clean-up of low-paying users for the last few months, ET reported.
Sprite’s new ‘Thand Rakh’ campaign tells audiences to ‘chill’, literally
Apr 20, 2022, at 08:59 pm
Kolkata/UNI: Coca-Cola India, multinational beverage corporation, has unveiled a new campaign 'Thand Rakh' for India's top lemon and lime-flavored beverage – Sprite.
SBI, BoB increase lending rate by up to 0.1 pc
Apr 20, 2022, at 06:22 am
State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank are increasing their benchmark lending rates by up to 0.10 per cent.
Reliance Brands acquires majority stake in Abu Jani Sandeep Khosla
Apr 20, 2022, at 04:22 am
Mumbai: Reliance Brands Limited (RBL), a subsidiary of Reliance Retail Ventures Ltd, on Tuesday, signed a definitive agreement to invest either by itself and/or through its affiliates in India’s foremost couturiers Abu Jani Sandeep Khosla (AJSK) for a 51 percent majority stake.
LV Vaidyanathan appointed CEO of P&G India
Apr 20, 2022, at 03:05 am
FMCG major Procter & Gamble India Tuesday appointed LV Vaidyanathan, who heads the company’s business in Indonesia, as the new chief executive officer.
Volvo Car India increases ex-showroom prices up to 4 pc
Apr 20, 2022, at 12:38 am
Kolkata: Swedish luxury car maker Volvo Car India today announced an increase in the ex-showroom prices of its cars in India ranging between Rs 1 lakh to 3 lakhs across all models due to rising input costs pressure.
Muthoot Finance declares interim dividend of 200 pc, Rs 20 per share
Apr 19, 2022, at 11:44 pm
Kochi: Muthoot Finance Ltd, India`s largest gold loan company on April 18, 2022 declared an interim dividend of 200 percent(Rs.20 per equity share of face value of Rs.10 each) for the financial year 2022-23.
Sensex moves down 703.59 points
Apr 19, 2022, at 11:24 pm
Mumbai: The equity market remained weak for a fifth consecutive session on Tuesday as the BSE Sensex tanked 703.59 points to settle at 56,463.15 on heavy selling in IT, power, realty and technology stocks amid weak global cues.
SBM Bank India raises Rs 125 cr through Basel III compliant Tier–II bonds
Apr 19, 2022, at 09:37 pm
Kolkata: SBM Bank India, a new universal bank under the Wholly Owned Subsidiary (WoS) mode, announced the successful completion of its fundraising initiatives, aiming to propel the expansion plans.
SOTC Travel expands presence in Tamil Nadu with new franchise outlet in Trichy
Apr 19, 2022, at 08:48 pm
Trichy/IBNS: SOTC Travel, an omnichannel travel and tourism company, recently inaugurated its new franchise outlet at Thillai Nagar.
Poonawalla Fincorp forays into digital consumption loans space
Apr 19, 2022, at 08:41 pm
Poonawalla Fincorp Limited (Formerly Magma Fincorp Limited), has entered digital consumption loans space through a tie up with KrazyBee.
Pyramid fraud: ED attaches assets worth Rs. 757 crore to Amway India
Apr 19, 2022, at 05:43 am
New Delhi/IBNS: Assets worth over Rs. 757 crore belonging to direct-selling consumer goods company Amway India have been attached under the anti-money laundering law, the Enforcement Directorate (ED) said on Monday.
Indian Market: Sensex drops 1,172.19 points
Apr 18, 2022, at 11:26 pm
Mumbai: The BSE Sensex on Monday crashed 1,172.19 points to settle at 56,166.74 on a weak Asian Market.
Infosys drops by 1.27 per cent to Rs 1,621.45
Apr 18, 2022, at 10:32 pm
Mumbai: Infosys on Monday slipped 1.27 per cent to Rs 1,621.45, a major loser in the 30 scrips of the Bombay Stock Exchange (BSE).
15000 companies registered in March: Govt data
Apr 18, 2022, at 06:02 am
Mumbai: Despite rising crude and commodity prices and the ongoing geo-political unrest continues to cast shadow on the business environment, over 15000 companies, including One Person Companies (OPCs), having a total authorised capital of more than Rs 19000 crore, were registered during the month of March, according to the official data released by the Ministry of Corporate Affairs.
Jammu and Kashmir: EPFO Srinagar organises seminar
Apr 18, 2022, at 03:24 am
Srinagar: Employees Provident Fund Organisation (EPFO) Srinagar on Friday organised a seminar on various schemes framed under EPF and MP Act, 1952 in association with Muslim Education Institute, Pampore(MEI) under the “NidhiApkeNikat” programme.
The UK will bring its biggest ever delegation to Bengal Global Business Summit 2022: British Dy HC
Apr 17, 2022, at 06:29 pm
Kolkata: The British Deputy High Commission and British Council Kolkata will bring the biggest ever UK delegation to the Bengal Global Business Summit (BGBS), the deputy high commission said in a media release on Sunday here.
ICICI Prudential reports three-fold jump in Q4FY22 net profit
Apr 17, 2022, at 03:06 am
Mumbai: ICICI Prudential Life Insurance's net profit jumped three-fold in the January-March quarter of FY22 to Rs 185 crore. The compnay had recorded a net profit of Rs 64 crore in the same quarter in FY21, according to a regulatory filing by the company.
Transforming JK: Rs 98 crore allocated for 400 tribal villages under IVDS
Apr 15, 2022, at 11:42 pm
Srinagar/IBNS: With an aim to ensure focused development in tribal areas and fill infrastructure gaps, more than 70 government schemes were converged for implementation in 400 tribal villages under the domain of centrally sponsored Integrated Village Development Scheme (IVDS) for tribal development.
Chief Secretary asks banks to scale up priority sector lending in JK
Apr 15, 2022, at 11:34 pm
Srinagar/IBNS: Banks operating in Jammu and Kashmir continue to adopt a miser approach towards the priority sector when it comes to lending money.
Elon Musk no longer Twitter's largest stakeholder
Apr 15, 2022, at 07:35 pm
Washington/UNI: Tesla and SpaceX CEO Elon Musk is no longer the largest shareholder in Twitter as The Vanguard Group has recently increased their stake in the micro-blogging company.