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.
Tata Payments gets payment aggregator licence from RBI
Jan 03, 2024, at 04:50 am
Mumbai: The Reserve Bank of India (RBI) has awarded payment aggregator (PA) licence to Tata Payments, media reported.
RBI revises guidelines on dividend issue by banks
Jan 03, 2024, at 04:33 am
Mumbai: The Reserve Bank of India (RBI) Tuesday conducted a review of the guidelines, eligibility criteria, and board oversight related to the declaration of dividends by banks.
Adani-Hindenburg issue: Supreme Court to deliver verdict on petitions on Jan 3
Jan 03, 2024, at 04:19 am
New Delhi: The Supreme Court is set to deliver its verdict on a string of petitions seeking a court-monitored investigation into allegations related to the Adani-Hindenburg issue on January 3, media reported.
Sensex moves down 376.46 points
Jan 02, 2024, at 10:22 pm
The BSE Sensex on Tuesday tanked 376.46 pts at 71,892.48 as selling was seen in Auto, Capital Goods and Realty stocks amid weak global cues.
Adani Group hires urban planners and designers to redevelop Dharavi slum in Mumbai
Jan 02, 2024, at 05:14 pm
Mumbai/IBNS: Adani Group-led Dharavi Redevelopment Project Private Limited (DRPPL) has hired urban planners and designers to redevelop Mumbai's Dharavi locality, which is one of the world's largest slums, media reports said.
Sensex drops 342.48 points during opening session
Jan 02, 2024, at 04:14 pm
The BSE Sensex on Tuesday dropped 342.48 points to 71,929.46 in the opening session as selling was seen across the board.
Indian government planning to sell FCI rice under Bharat brand
Jan 01, 2024, at 11:53 pm
To relieve the double-digit inflation in rice, the Indian government recently declared the sale of rice under the Bharat brand at Rs 25 per kilogram.
Indian market marginally rises by 31.68 points to touch 72,271.94 on New Year's Day
Jan 01, 2024, at 11:05 pm
The BSE Sensex on Monday rose marginally by 31.68 pts at 72,271.94 on the strength of Energy, Telecommunication and BSE services stocks.
Ola Electric registers over 30k registrations in December
Jan 01, 2024, at 11:03 pm
Ola Electric on Monday announced that it recorded 30,219 registrations in December and captured a 40 per cent market share in the EV 2W segment (as per VAHAN Portal).
Gujarat witnessing 58 per cent spike in people applying for liquor permit on health ground
Dec 31, 2023, at 11:29 pm
Gujarat's Prohibition and Excise Department has said the state is witnessing a spike of 58 percent in the past three years in the number of individuals obtaining liquor permits on health grounds.