Maharashtra: Adani Enterprises to invest Rs 50,000 cr in data centre infrastructure in next 10 yrs
Jan 18, 2024, at 04:35 am
Davos (Switzerland): Adani Group’s flagship company Adani Enterprises Limited on Wednesday signed a memorandum of understanding (MoU) with the Maharashtra government to set up 1 GW hyperscale data centre infrastructure in the state at an investment of Rs 50,000 crore in the course of the next decade, media reports said.
Budget 2025 changes government may consider: ICRA Analytics report
Jan 18, 2024, at 03:41 am
Mumbai: The presentation of the Interim Budget on February 1 stands as a critical event in the financial calendar, leading to sharp speculations about the government's spending, fiscal deficit, and individual taxation.
India's engineering goods exports reach $10.04 billion
Jan 18, 2024, at 02:23 am
Kolkata: India's engineering goods exports grew 10.20 percent year-on-year to $10.04 billion in December 2023 despite several challenges stemming from geo-political tensions and tight financial conditions in major advanced economies, according to EEPC India
Tata Passenger Electric Mobility launches Punch.ev, check out the price
Jan 17, 2024, at 11:59 pm
Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors and the pioneer of India’s EV revolution, on Wednesday (January 17, 2024) launched its first pure EV – the Punch.ev.
Equity market witnesses bloodbath, Sensex drops 1628.01 pts
Jan 17, 2024, at 10:46 pm
The equity market witnessed a bloodbath, as the BSE Sensex on Wednesday plunged 1628.01 pts to close at 71,500.76 a single day fall in 16 months on weak global cues.
Google Pay signs MoU with NPCI to expand UPI outside India
Jan 17, 2024, at 09:53 pm
Google India Digital Services (P) Limited and NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), have signed a Memorandum of Understanding (MoU) to expand the transformative impact of UPI to countries beyond India.
ManipalCigna garners 38 per cent GWP growth in East India in financial year 22-23
Jan 17, 2024, at 04:02 pm
Health insurance company ManipalCigna has garnered 38 per cent gross written premium (GWP) growth in East India in the financial year 22-23.
World Economic Forum President Borge Brende expects India will mark 8 percent growth this year
Jan 16, 2024, at 11:33 pm
World Economic Forum President Borge Brende feels India will witness an 8 percent growth this year.
Mahindra launches all-Electric XUV400 Pro Range. Know the introductory price now
Jan 16, 2024, at 11:16 pm
SUV manufacturer Mahindra & Mahindra Ltd on Monday announced the launch of the XUV400 Pro Range, at an introductory price starting at 15.49 Lakh.
Sensex slips 199 points after touching record high, Nifty ends 65 points below
Jan 16, 2024, at 11:06 pm
The BSE Sensex on Tuesday slipped 199.17 pts to settle at 73,128.77 as selling was witnessed in Realty, Power and IT stocks.
Jan 15, 2024, at 11:33 pm
Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as the global economy continues to grapple with headwinds from tight financial conditions, geopolitical rifts and rapid advances in generative artificial intelligence (AI).
Sensex touches lifetime high at 73,327.95 points
Jan 15, 2024, at 11:15 pm
The BSE Sensex on Monday ended a life time high at 73,327.95, up 759.49 pts, breaching 73K level for the first time on the strength of Technology, Oil and Gas and Energy stocks.
Jan 15, 2024, at 08:18 pm
The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power.
Bandhan Multi Asset Allocation Fund launched for investors seeking a well-rounded
Jan 15, 2024, at 08:11 pm
Bandhan Mutual Fund announced the launch of the Bandhan Multi Asset Allocation Fund, an open-ended scheme that enables investment across diverse asset classes including Indian Equities, International Equities, Arbitrage, Fixed Income, Gold and Silver.
India's wholesale inflation rises to 0.73% in December 2023: Govt data
Jan 15, 2024, at 07:38 pm
New Delhi/UNI: India's wholesale price index (WPI) based inflation increased to 0.73% in December 2023 from 0.26% in the previous month, data released by the Ministry of Commerce and Industry showed on Monday.
India likely to have 100 million affluent citizens by 2027: Reports
Jan 15, 2024, at 03:20 pm
India's affluent class may soon nearly double to touch 100 million people by 2027, as per a report by Goldman Sachs Group Inc.
BMW registers robust electric vehicle sales growth in China: Reports
Jan 15, 2024, at 03:37 am
The BMW Group delivered 99,972 all-electric vehicles in the Chinese market in 2023, a year-on-year increase of more than 138 percent, the automaker has said.
Narayana Murthy's job application at Wipro was once turned down by Azim Premji: Report
Jan 14, 2024, at 07:39 pm
Bengaluru: Infosys founder NR Narayana Murthy was rejected when he sought employment at Wipro, he revealed in a recent CNBC-TV18 interview.
Tata Consumer Products to buy Fabindia owned Organic India for Rs 1,900 cr
Jan 13, 2024, at 07:25 am
Mumbai: Tata Consumer Products Friday announced its plans to acquire a stake of up to 100 percent in Organic India, a business owned by Fabindia.
Jan 13, 2024, at 07:15 am
Mumbai: Tata Consumer Products on Friday announced its acquisition of a complete 100% stake in Capital Foods, the company that sells products under the brands Ching’s Secret and Smith & Jones, according to an exchange filing.
Alkem Laboratories reports fraudulent transfer of Rs 52 cr due 'cybersecurity incident'
Jan 13, 2024, at 06:04 am
Mumbai: Alkem Laboratories has reported a fraudulent transfer of Rs 52 crores due to a "cybersecurity incident."
United States asks India to ensure laptop import policy does not restrict trade
Jan 13, 2024, at 05:22 am
New Delhi: United States Trade Representative Ambassador Katherine Tai has called upon India to ensure that the existing end-to-end online system and associated policies governing the import of laptops do not pose trade restrictions in the future.
Budget 2024: Tax relief sought for employers' NPS contributions up to 12% of basic salary
Jan 13, 2024, at 04:32 am
New Delhi: The government should allow tax exemption for the contributions of up to 12 percent of employees' basic salary to the National Pension System (NPS), the chairman of the Pension Fund Regulatory and Development Authority (PFRDA), Deepak Mohanty said on Friday, according to media reports.
Tata Power Renewable Energy to invest Rs 70,000 cr in Gujarat for renewable energy projects
Jan 13, 2024, at 01:51 am
Gandhinagar (Gujarat): Tata Power’s subsidiary Tata Power Renewable Energy Limited (TPREL) has signed a Memorandum of Understanding (MoU) with the Gujarat government to develop 10,000 MW of renewable energy power projects across multiple sites in Gujarat, according to an exchange filing.
India retail inflation touches four-month-high of 5.69 percent
Jan 12, 2024, at 11:14 pm
India's retail inflation touched a four-month-high of 5.69 percent in December, official data released on Friday showed.
Jan 12, 2024, at 10:28 pm
Extending rally for the fourth consecutive session on Friday, the BSE Sensex zoomed 847.27 pts to close at 72,568.45 on the strength of IT, Technology, Oil and Gas and Energy stocks.
Indian single malt whisky Rampur Asava wins prestigious John Barleycorn Awards
Jan 12, 2024, at 10:12 pm
Indian single malt whisky Rampur Asava has been awarded the Best World Whisky in the 2023 edition of the John Barleycorn Awards.
SBI launches Green Rupee Term Deposit. Know who can avail them
Jan 12, 2024, at 07:37 pm
The country's largest lender State Bank of India (SBI) has launched the SBI Green Rupee Term Deposit (SGRTD) with the aim of mobilizing funds to support environment-friendly initiatives and projects.
Jan 12, 2024, at 07:02 am
Mumbai/Ballari/ Helsinki: JSW Group has entered into a strategic cooperation agreement with Coolbrook, a transformational technology and engineering company headquartered in Finland.
Tata Power's Haldia Power Project achieves record operational excellence
Jan 12, 2024, at 06:52 am
Haldia (West Bengal): Tata Power's Haldia Power plant in West Bengal achieved a plant load factor (PLF) that's 34% higher than the national thermal plant average.