Mar 01, 2024, at 05:52 am
Kolkata: Mahindra Logistics Ltd will commence operations of a 1.1 lakh sq. ft. fulfillment centre in West Bengal's Malda dedicated to handling fulfillment and last-mile deliveries, the company said on Thursday.
India grows by 8.4% in Oct-Dec quarter defying expectations
Mar 01, 2024, at 01:15 am
New Delhi: India's economy surged by 8.4% in the quarter ending in December, surpassing expectations, driven by strong expansion in manufacturing and construction sectors.
CIL & BHEL to sign JVA to set up ammonium nitrate plant
Feb 29, 2024, at 11:01 pm
New Delhi: Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) formally signed a joint venture agreement (JVA) on Wednesday in Delhi for setting up an ammonium nitrate plant through the surface coal gasification (SCG) technology route.
Baskin Robbins to open 1000th store by 2024 in India and SAARC region
Feb 29, 2024, at 10:20 pm
Mumbai: Graviss Foods Pvt Ltd which owns Baskin Robbins brand of ice cream is set to open its 1000th ice cream store in India and the SAARC region in 2024.
RBI revises norms related to Regulatory Sandbox scheme
Feb 29, 2024, at 06:00 am
Mumbai: The Reserve Bank of India Wednesday made some adjustments to the guidelines for the Regulatory Sandbox (RS) program.
Feb 29, 2024, at 05:13 am
Abu Dhabi: India has emphatically called for the restoration of the Appellate Body as the top-most priority of any reform process, along for the effective formalisation of the ongoing informal dispute settlement reform discussions among some members at the WTO.
Q3FY24 GDP to drop to 6.7-6.9% due to poor agri performance
Feb 29, 2024, at 04:36 am
Mumbai: The Indian economy is expected to grow by 6.7-6.9 percent in the December quarter of FY24, down from the 7.6 percent growth recorded in the second quarter, according to a report by SBI Research released on Wednesday.
RIL announces Rs 70,352 cr JV with Walt Disney
Feb 29, 2024, at 02:47 am
Mumbai: Reliance Industries, led by Mukesh Ambani, and Walt Disney announced on Wednesday the finalisation of binding agreements to establish a joint venture merging the operations of Viacom18 and Star India, media reports said.
Sri Lankan beverage brand Elephant House partners with Reliance Consumer to enter Indian market
Feb 29, 2024, at 01:42 am
Mumbai: The Sri Lankan beverage brand Elephant House has entered into a partnership with Reliance Consumer Products, the FMCG division of Reliance Retail Ventures, to produce, promote, distribute, and retail its beverages throughout India.
Sensex crashes 790.34 points as market closes for today
Feb 28, 2024, at 10:25 pm
The BSE Sensex on Wednesday tanked 790.34 pts to settle at 72304.88 as heavy selling was seen in Utilities, Power, Oil and Gas and BSE services stocks amid mixed global cues.
Sony to layoff 900 PlayStation employees, shut London studio
Feb 28, 2024, at 10:21 pm
Electronics major Sony on Tuesday announced the company will lay off 900 employees in its PlayStation division.
Volvo Car India announces changes in its management team
Feb 28, 2024, at 05:10 pm
Kolkata: Volvo Car India has undergone a strategic talent initiative with the realignment of its management team and critical roles in the organization structure over the past few months.
SJVN Ltd commissions its 100 MW Raghanesda Solar Power Station in Gujarat
Feb 28, 2024, at 04:52 pm
New Delhi: SJVN Ltd, formerly known as Satluj Jal Vidyut Nigam, has commissioned its 100 MW Raghanesda Solar Power Station located in the district of Banaskatha, Gujarat.
Govt lauds industry; to push innovations, investments, reforms in new sectors: FM
Feb 28, 2024, at 06:40 am
New Delhi: Lauding the role of industry in achieving the goal of 'Viksit Bharat' by 2047, Union Finance Minister Nirmala Sitharaman on Tuesday said the government will push more with innovations, investments and policy reforms in the years to come.
Govt sanctions Rs 5469 cr for construction, widening, upgrade of highways
Feb 28, 2024, at 06:35 am
New Delhi: The government said on Tuesday that it has sanctioned over Rs 5,469 crore for the construction, upgrade and widening of highways in different states of the country.
Adani Defence & Aerospace to invest Rs 3000 cr in its Kanpur missile and ammunition complex
Feb 28, 2024, at 05:28 am
Kanpur (UP): Adani Defence & Aerospace has announced plans to invest over Rs 3,000 crore in its new ammunition and missile complexes in Kanpur by 2027, Chief Executive Officer Ashish Rajvanshi, media reported.
Vodafone Idea to raise Rs 20,000 cr via equity
Feb 28, 2024, at 04:34 am
Mumbai: Vodafone Idea Ltd is poised to raise Rs 20,000 crore through a combination of equity and equity-linked instruments following approval from the company's board, media reports said.
Sensex jumps up 305.09 pts as market closes
Feb 27, 2024, at 10:19 pm
The BSE Sensex on Tuesday rallied 305.08 points to close at 73095.22 on the strength of Realty, Technology, and Capital Goods stocks despite weak global cues.
Feb 27, 2024, at 07:33 pm
Brokerage firm Zerodha cofounder Nithin Kamath has revealed on his social media handle that six weeks ago he suffered a mild stroke.
Vijay Shekhar Sharma steps down from Paytm payments bank board amid crisis
Feb 27, 2024, at 04:55 am
Paytm Monday informed that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit.
Dynamic asset allocation: Adapting your mutual fund strategy to market changes
Feb 27, 2024, at 01:35 am
In any form of investment you do, staying agile and responsive to market shifts is required to get promising returns. One such strategy gaining prominence is dynamic asset allocation. This approach allows investors to adjust their mutual fund investments according to changing market conditions, aiming to optimise returns while managing risk. Read on to know the various aspects of dynamic asset allocation, its benefits, and important considerations.
Sensex down over 100 points as market opens
Feb 26, 2024, at 03:51 pm
The BSE Sensex on Monday slipped 155.10 points to 72,987.70 in the opening session as selling was witnessed in metal, oil and gas, and technology stocks.
ZEEL says 'rumours' hurting it, forms Advisory Committee to tackle it
Feb 25, 2024, at 07:52 pm
New Delhi/Mumbai: Broadcasting company Zee Entertainment on Friday said it has constituted an Advisory Committee, headed by a former Judge of Allahabad High Court, to tackle "widespread circulation of misinformation, market rumours and speculation" which have led to "erosion of investor wealth" of the firm.
Mahindra expands premium Z8 range with the introduction of New ‘Scorpio-N Z8 Select’ variant
Feb 25, 2024, at 12:51 am
Auto major Mahindra & Mahindra recently launched the ‘Scorpio-N Z8 Select’ variant, a significant addition to its acclaimed Scorpio-N Z8 premium range.
HDFC Bank and Yes Bank file third-party application provider request for Paytm UPI business
Feb 24, 2024, at 08:00 am
Mumbai: One97 Communications, the operator of the Paytm brand, along with private sector banks HDFC Bank and Yes Bank jointly submitted an application to become a third-party application provider (TPAP) for the Unified Payments Interface (UPI) mobile payments platform under the National Payments Corporation of India (NPCI).
Byju's claims resolutions passed at EGM to remove founder invalid
Feb 24, 2024, at 07:16 am
Bengaluru: Ahead of the results of the voting to remove Byju's founder and CEO Byju Raveendran during an extraordinary general meeting (EGM), the ed-tech company claimed in a statement to the media that the decisions made by shareholders are null and void.
Shareholders pass resolution to oust Byju Raveendran-led management at EGM
Feb 24, 2024, at 05:34 am
Bengaluru: A consortium of prominent investors including Prosus, General Atlantic, and Peak XV on Friday made the decision to remove Chief Executive Officer (CEO) Byju Raveendran from his position at the helm of the edtech company Byju's, media reported.
Mukesh Ambani's Jio Financial Services enters 2-trillion market cap club
Feb 24, 2024, at 04:04 am
Mumbai: Jio Financial Services, led by Mukesh Ambani, has joined the Rs 2-trillion market cap club, with its shares rising by 10.2% to reach Rs 334 on Friday, media reported.
India will not rush into signing hasty FTA deals: Piyush Goyal
Feb 24, 2024, at 03:01 am
New Delhi: Commerce Minister Piyush Goyal on Friday said that India will avoid making hasty free trade agreements (FTA) unless there is a just and balanced arrangement in trade deals, media reported.
Sensex drops 15.44 points as market closes
Feb 23, 2024, at 09:58 pm
The BSE Sensex on Friday fell marginally by 15.44 points to settle at 73142.80 on profit booking by local operators.