India taking measures to secure merchant ships amid rise in attacks in the Red Sea region: Report
Jan 06, 2024, at 05:50 am
New Delhi: Amid the recent surge in attacks in the Red Sea region, a senior government official on Friday said that the Indian government is ensuring the security of shipments on the open seas, a media report said.
Jan 06, 2024, at 05:11 am
Mumbai: Tata Steel India on Friday said that its crude steel production reached 5.32 million tons, up 6% on QoQ as well as YoY basis.
Gautam Adani beats Mukesh Ambani as the richest Indian within a year of Hindenburg allegations
Jan 06, 2024, at 04:42 am
Mumbai: Adani Group Chairman Gautam Adani is back at the top of the list of richest Indians, surpassing Reliance Industries Chairman Mukesh Ambani, media reports said.
Narayan Murthy backs his '70-hour work per week' stance despite flak
Jan 05, 2024, at 06:21 pm
Mumbai/IBNS: Infosys co-founder Narayan Murthy has backed his own statement where he advocated work for 70 hours per week, snubbing the backlash which he received from some quarters.
India's services PMI rises to 59.0 in December from 56.9 in November
Jan 05, 2024, at 05:50 pm
New Delhi/UNI: India's services activities continued growth momentum and picked up in December 2023 on the back of new businesses and strong demand.
Vietnamese company VinFast to make EV batteries in India
Jan 05, 2024, at 05:13 am
Chennai: Vietnamese electric vehicle manufacturer VinFast is preparing to open its first manufacturing facility in India to produce batteries, media reported.
Jan 05, 2024, at 04:36 am
The Indian Toy industry witnessed remarkable growth in FY 2022-23 in comparison to FY 2014-15, with a decline in imports by 52%, a rise in exports by 239% and a development of the overall quality of the Toys available in the domestic market.
HDFC Mutual Fund opens 24 new branches to bolster Mutual Fund penetration
Jan 05, 2024, at 04:31 am
Mumbai: HDFC Mutual Fund has opened 24 new branches across India as a strategic expansion initiative aimed at increasing penetration of mutual funds in India, a press release said on Thursday.
OALP round-IX launched; ONGC wins 7, Reliance-BP one oil, gas blocks in round-VIII bid
Jan 04, 2024, at 08:50 am
New Delhi: The Ministry of Petroleum and Natural Gas (MoPNG) Wednesday signed contracts for 10 blocks awarded under Open Acreage Licensing Policy (OALP) bid round-VIII and three Coal Bed Methane (CBM) blocks awarded under Special CBM bid round-SCBM 2022.
Motorola Mobility India appoints T.M. Narasimhan as MD of Mobile Business Group
Jan 04, 2024, at 08:11 am
Mumbai: Motorola Mobility India Wednesday announced the appointment of T.M. Narasimhan as the Managing Director for Mobile Business Group - India.
India emerges as fastest growing large economy globally in CY2023-CY 2024: Report
Jan 04, 2024, at 08:05 am
Mumbai: The Indian Equity Market has emerged as one of the best-performing markets in the last two years, according to a report by Pantomath Financial Services Group.
Jan 04, 2024, at 07:50 am
Mumbai: Adani Ports and SEZ, the port and logistics division of the Adani Group, on Wednesday announced a restructuring in its leadership.
GAIL and TruAlt Bioenergy announce $72 million investment through Compressed Bio Gas JV
Jan 04, 2024, at 06:10 am
Delhi/Bengaluru: The government-owned natural gas company GAIL (India) Ltd and the leading ethanol producer in India, TruAlt Bioenergy Ltd, have agreed to GAIL investing in TruAlt's joint venture, Leafinti Bioenergy Ltd.
PM Modi inaugurates Rs 1,072 cr Kochi-Lakshadweep Islands Submarine Optical Fibre Connection
Jan 04, 2024, at 04:21 am
Kavaratti (Lakshadweep): Prime Minister Narendra Modi on Wednesday inaugurated the Kochi-Lakshadweep Islands Submarine Optical Fibre Connection (KLI-SOFC) project among various developmental initiatives worth more than Rs 1,150 crore in Lakshadweep’s capital Kavaratti.
Air India appoints P. Balaji as Group Head GRC & Corporate Affairs
Jan 04, 2024, at 02:40 am
Gurugram: Air India Wednesday announced the appointment of P. Balaji in a newly created role of Group Head- Governance, Regulatory, Compliance (GRC) and Corporate Affairs.
Adani Ports to raise up to Rs 5,000 cr via non-convertible debentures
Jan 04, 2024, at 02:19 am
Mumbai: The board of directors of Adani Ports and Special Economic Zone Limited approved the raising of funds up to Rs 5,000 crores through public issuance of non-convertible debentures of the face value of Rs1,000 each amounting up to Rs 5,000 crore through one or more tranches, the company informed stock exchanges on Wednesday.
Jan 04, 2024, at 12:28 am
Honda Motorcycle & Scooter India on Wednesday said the company’s total sales for December’23 stood at 3,17,123 units.
Bajaj Finance Ltd offers up to 8.85 percent to Digital Fixed Deposit subscribers
Jan 03, 2024, at 11:54 pm
Financial service major Bajaj Finance Ltd., part of Bajaj Finserv on Wednesday announced the launch of Digital Fixed Deposit (FD), offering exclusive rates of up to 8.85 percent on deposits booked via its App and Website.
Adani Total Gas, Shigan sign MoU for collaboration in decarbonization
Jan 03, 2024, at 10:53 pm
Adani Total Gas Limited (ATGL) and Shigan Quantum Technologies Limited (Shigan), an alternative fuel system solutions provider for automotive, locomotive and stationary engine applications, on Wednesday, announced the signing of a Memorandum of Understanding (MoU) that aims at decarbonizing the supply chain by creating an ecosystem which will enable transitioning to cleaner fuels such as CNG and LNG.
Jan 03, 2024, at 10:15 pm
The BSE Sensex on Wednesday lost further by 535.88 pts at 71,356.60 as heavy selling was witnessed in Metal, IT, Technology and Commodities stocks alongwith weak global cues.
Truth has prevailed: Gautam Adani on SC's Adani-Hindenburg verdict
Jan 03, 2024, at 07:49 pm
New Delhi/IBNS: "Truth has prevailed," said Indian billionaire industrialist Gautam Adani in his first reaction to the Supreme Court order, which denied transfer of probe into the allegations of fraud against the Adani Group of Companies from the Securities and Exchange Board of India (SEBI) to an alternate agency.
Jan 03, 2024, at 06:37 pm
In a big boost to the Adani group, the Supreme Court on Wednesday refused to interfere with the Indian securities market regulatory body Securities and Exchange Board of India (SEBI) after a clutch of petitions were filed seeking probe by alternative agency into allegations of fraud against Adani Group of companies in the Hindenburg Research report.
BSE Sensex drops over 300 points
Jan 03, 2024, at 04:05 pm
The BSE Sensex on Wednesday lost further by 357.51 points to 71,534.97 in the opening session as selling was seen across the board.
Rupee down 3 paise against USD
Jan 03, 2024, at 03:54 pm
Mumbai/UNI: The rupee on Wednesday slipped three paise to 83.34 in the opening session on rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.
Sensex drops by over 300 points
Jan 03, 2024, at 03:51 pm
Mumbai/UNI: The BSE Sensex on Wednesday lost further by 357.51 points to 71,534.97 in the opening session as selling was seen across the board.
Hershey's appoints Luigi Mirri as its India general manager
Jan 03, 2024, at 06:34 am
Mumbai: Confectionery firm The Hershey Company on Tuesday said that it has appointed Luigi Mirri as the General Manager for India, effective from January 1, media reported.
Canara Bank unveils Data and Analytics Centre in Bengaluru
Jan 03, 2024, at 06:14 am
Public sector lender Canara Bank has opened its new Data and Analytics Centre (DnA) in Bengaluru city.
Centre committed to bolstering port infrastructure in all Lakshadweep islands: PM
Jan 03, 2024, at 06:07 am
Lakshadweep: The Union Government is committed to developing port infrastructure facilities in all the islands of Lakshadweep, Prime Minister Narendra Modi said on Tuesday while noting that they are the lifeline of the archipelago.
Bank of Baroda launches multipurpose NCMC RuPay Prepaid Card
Jan 03, 2024, at 05:34 am
Mumbai: Public Sector Lender Bank of Baroda Tuesday announced the launch of the National Common Mobility Card (NCMC) RuPay Reloadable Prepaid Card.
Overall coal production touches 92.87 MT in December 2023: Coal Ministry
Jan 03, 2024, at 05:19 am
New Delhi: India’s overall coal production during December 2023 reached 92.87 Million Tonne (MT), surpassing the figures of 83.86 MT, the previous year, representing an increase of 10.75%, the Ministry of Coal said.