Auto component industry to see 15-17 pc revenue growth in FY22: Report
Jan 21, 2022, at 02:35 am
Mumbai/UNI: Owing to recovery in automobile sales, especially after a subdued performance in the last couple of years, auto component industry is expected to witness a 15-17 per cent revenue growth this fiscal year, a recent report said.
Centre to release Rs 47,541 crore as advance installment of tax devolution to states
Jan 21, 2022, at 02:24 am
New Delhi/UNI: Finance Minister Nirmala Sitharaman on Thursday authorised the release of Rs 47,541 crore as an advance installment of tax devolution to states.
Bank of Maharashtra clocks 2-fold jump in Q3 PAT
Jan 21, 2022, at 02:19 am
Mumbai/UNI: State-run Bank of Maharashtra on Thursday posted a two-fold increase in net profit for the quarter ended December 31, 2021 at Rs 325 crore, mainly on the back of higher net interest income and improvement in asset quality.
Century Textiles reports 67.56 pc dip in Q3 FY22
Jan 21, 2022, at 02:11 am
Mumbai/UNI: Diversified firm Century Textiles and Industries on Thursday reported a 67.56 per cent decline in consolidated net profit for the quarter ended December 31, 2021 at Rs 12 crores, mainly on the back of higher expenses.
13.95 lakh new EPFO subscribers in November, signals uptick in job market
Jan 21, 2022, at 02:01 am
New Delhi/UNI: Retirement fund manager Employees' Provident Fund Organisation (EPFO) added 13.95 lakh net subscribers during the month of November 2021, showing an increase of around 2.85 lakh net additions over the previous month.
Reliance Jio prepays Rs. 30 crore clearing all deferred spectrum liabilities
Jan 20, 2022, at 06:15 pm
Mumbai/IBNS: Reliance Jio Infocomm Ltd (RJIL) has announced it has paid Rs. 30,791 crore (including accrued interest) to the Telecom Department towards prepayment of the entire deferred liabilities pertaining to spectrum acquired in auctions from 2014 to 2016 and the one acquired in 2021 through trading of right to use with Bharti Airtel Limited.
Indian Market: Sensex down 656.04 pts
Jan 19, 2022, at 10:55 pm
Mumbai/UNI: The BSE Sensex on Wednesday crashed further by 656.04 pts to settle at 60,098.82 as selling was seen in Technology, IT, Finance and FMCG stocks amid weal global cues.
Tata Motors introduces advanced CNG technology in the Tiago and Tigor
Jan 19, 2022, at 08:58 pm
New Delhi: Automobile giant Tata Motors on Wednesday launched the advanced iCNG technology in its ever popular brands – Tiago and Tigor.
UTI Mutual Fund launches ‘UTI Sensex Index Fund’
Jan 19, 2022, at 03:22 am
New Delhi: UTI Mutual Fund (UTI) launches an open-ended scheme replicating/tracking the S&P BSE Sensex Total Return Index (TRI) - ‘UTI Sensex Index Fund’. The New Fund Offer opens on Jan 19, 2022 and closes on Jan 24, 2022.
J&K: Four women bakers in Rajouri inspire entrepreneurs
Jan 19, 2022, at 01:55 am
Jammu/IBNS: Four women bakers hailing from a border village in Jammu and Kashmir's Rajouri district became role models for aspiring entrepreneurs after their bakery, set up with Indian Army's assistance, became self-reliant and bought the historically significant village popularity.
Dubai Expo 2021: Kashmir startups impress global investors
Jan 19, 2022, at 12:46 am
Dubai/IBNS: Five startups from the Kashmir province participated in the event during which the Jammu and Kashmir government sealed several investment deals with Dubai-based companies.
Mitsubishi Electric India launches “CNC-on-Wheels”
Jan 18, 2022, at 11:33 pm
Bengaluru: Mitsubishi Electric Computerised Numerical Controllers (CNCs) has launched a training and demonstration caravan “CNC-on-Wheels”. This vehicle was flagged-off from the Mitsubishi Electric, CNC Technical Centre in Peenya which will start its journey in the Peenya industrial area first and then proceed to other Industrial areas.
Indian Rupee drops 34 paise against USD
Jan 18, 2022, at 11:25 pm
Mumbai/UNI: The Rupee remained weak for the third straight session on Tuesday, as it tumbled down 34 paise to 74.57 at close against the USD due to brisk demand for US Dollars by bankers and importers, dealers at the Foreign Exchange said.
Maruti Suzuki moves down by 4.05 per cent to Rs 7930
Jan 18, 2022, at 11:22 pm
Mumbai/UNI: Maruti Suzuki on Tuesday slid 4.05 per cent to Rs 7930 a major loser in 30 scrips of BSE.
Indian Market: Sensex down 554.05 points
Jan 18, 2022, at 11:12 pm
Mumbai/UNI: The BSE Sensex on Tuesday dropped 554.05 points to settle at 60,754.86 as selling was seen in Metal, Materials, Telecom and Realty stocks.
Honda 2Wheeler India’s brand Shine celebrates 1 Crore customer milestone
Jan 18, 2022, at 10:39 pm
New Delhi: Celebrating its leadership in the 125cc segment, Honda Motorcycle and Scooter India Pvt Ltd. on Tuesday announced that Honda’s Shine has achieved the prestigious milestone of 1 Crore customers in India.
MobiKwik launches ‘ClickPay’ for faster bill payments in collaboration with Bharat BillPay
Jan 18, 2022, at 10:17 pm
Mumbai: MobiKwik, one of India’s largest mobile wallets and Buy Now Pay Later (BNPL) Fintech companies launched ‘ClickPay’ for its customers, in collaboration with NPCI Bharat BillPay Ltd. (NBBL), the wholly owned subsidiary of National Payments Corporation of India.
Tata Motors takes a marginal price hike on its passenger vehicles
Jan 18, 2022, at 09:40 pm
Mumbai: Tata Motors, India’s leading vehicle manufacturer, on Tuesday announced a marginal price hike on its passenger vehicles.
Schneider Electric launches Go Green Challenge 2022 in India
Jan 18, 2022, at 04:15 am
Mumbai/IBNS: French-based electrical equipment group Schneider Electric kicked off its Go Green Challenge 2022 in India to provide students a platform to share sustainable ideas suitable for energy management.
Demand for India's healthcare roles rise by 6 pc: Monster Employment Index
Jan 18, 2022, at 12:26 am
Mumbai/IBNS: Monster Employment Index, a job analysis report by Monster.com, showcased the acceleration witnessed in hiring activity during the last six months which led to a six percent uptick.
Indian Market: Sensex recovers 85.88 points
Jan 17, 2022, at 10:55 pm
Mumbai/UNI: The BSE Sensex on, Monday recovered 85.88 points to 61,308.91 on fresh buying in Auto, Utensils, Power and Realty stocks.
Indian Market: Sensex rises 76.49 pts
Jan 17, 2022, at 04:18 pm
Mumbai/UNI: The BSE Sensex on Monday gained 74.69 pts at 61,299.52 as buying was seen across the board.
46 Startups, 1 incubator, 1 accelerator announced winners of the National Startup Awards 2021
Jan 17, 2022, at 07:11 am
New Delhi/IBNS: A total of 46 Startups have been recognized as winners of National Startup Awards 2021 along with 1 incubator and 1 accelerator.
After Maharashtra, Telangana, Punjab invites Tesla to set shop
Jan 17, 2022, at 06:37 am
New Delhi/IBNS: Maharashtra, Telangana, and now Punjab has invited Tesla CEO Elon Musk to set up an electric vehicle manufacturer amid a standoff with the government import duties.
Gadkari to inaugurate conference on PM-Gati Shakti for South Zone on Jan 17
Jan 17, 2022, at 02:44 am
New Delhi/IBNS: Road, Transport & Highways minister Nitin Gadkari will Virtually inaugurate a conference on PM-Gati Shakti for the South Zone on 17 January 2022.
Rs 14 cr, luxury cars seized from BSF officer in Haryana
Jan 17, 2022, at 01:31 am
Gurgaon/IBNS: Police have recovered Rs 14 crore in cash, jewellery worth Rs 1 crore and seven luxury cars, including a BMW, Jeep and Mercedes - from a Border Security Force (BSF) officer in Haryana.
CBI arrests GAIL director in corruption case
Jan 17, 2022, at 12:51 am
New Delhi/IBNS: The Central Bureau of Investigation (CBI) has arrested E S Ranganathan Director (Marketing) GAIL and others, including private persons, private companies and some other unknown people in connection with a corruption case.
Dalmia Bharat adds 2.9 MT cement capacity at its Murli plant
Jan 16, 2022, at 10:44 pm
Mumbai/UNI: Cement manufacturer Dalmia Cement (Bharat) on Saturday said it has commenced commercial operations at its manufacturing plant in Chandrapur, Maharashtra, adding 2.9 million tonne to its overall installed capacity.
Reliance, Hyundai, M&M among 10 in fray for PLI in ACC scheme
Jan 16, 2022, at 10:30 pm
New Delhi/UNI: In a strong signal of private sector interest in the Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) Battery Storage, Reliance New Energy Solar, Hyundai Global Motors Company and Mahindra & Mahindra are among the 10 companies which have bid for 130 Gwh of manufacturing capacity which the Government proposes to award.
Over 13,000 companies registered in December, Maharashtra tops the chart
Jan 16, 2022, at 10:10 pm
New Delhi/UNI: As many as 13,311 companies were registered in the month of December 2021 under the Companies Act, taking the total number of active companies in the country to 14,44,572, said the latest data by the government.