Indian Market: Sensex down over 400 points
Aug 02, 2023, at 04:07 pm
Mumbai: The BSE Sensex on Wednesday tanked 418 pts to open at 66,064.41 as selling was witnessed across the board.
Adani Total Gas registers 9% growth in Q1FY24 profit riding on CNG sales
Aug 02, 2023, at 07:25 am
Mumbai: Adani Total Gas reported a nearly 9% increase in first-quarter profit on August 1, primarily attributed to higher sales of compressed natural gas (CNG), Reuters reported.
4,000 MW renewable energy power project being set up in Tamil Nadu
Aug 02, 2023, at 07:12 am
New Delhi: A new project has been approved under Green Energy Corridor Phase-II with the aim to set up 624 km of transmission lines and 2200 MVA capacity substations by the fiscal year 2025-26.
50 MMT per annum of CO2 emissions can be averted through Green Hydrogen
Aug 02, 2023, at 06:54 am
New Delhi: The National Green Hydrogen Mission is expected to lead to the development of 5 MMT Green Hydrogen production capacity per annum by 2030.
Reliance & Brookfield Asset Management sign MoU to make renewable power equipment in Australia
Aug 02, 2023, at 06:41 am
Mumbai: Reliance Industries and Brookfield Asset Management have signed a Memorandum of Understanding (MoU) to explore opportunities to manufacture renewable energy and decarbonization equipment in Australia.
Deposits and advances of PSBs grew by 15.8% in FY23
Aug 02, 2023, at 05:30 am
New Delhi: The growth of deposits and advances of PSBs has improved from 8.2% and 9.8% in FY2021-22 to 9.3% and 15.8% in FY2022-23.
July GST collection grows 11% YoY to Rs 1,65,105 crore
Aug 02, 2023, at 04:46 am
New Delhi: The gross GST revenue collected in July stood at Rs 1,65,105 crore, up 11% higher than the GST revenues in the same month last year, the Ministry of Finance said on Tuesday.
Two coal mines put up for auction on 1st day of 7th round of commercial auction
Aug 02, 2023, at 04:41 am
New Delhi: Two coal mines were put up for auction on Tuesday, the first day of the commercial auction, after the evaluation of bids for commercial mining, the Coal Ministry said in a statement.
July coal production goes up by 14.11% to 68.75 MT
Aug 02, 2023, at 03:33 am
New Delhi: India’s overall July coal production registered a 14.11% surge, reaching 68.75 Million Tonne (MT), compared to 60.25 MT in the corresponding period in last year, according to the Ministry of Coal.
Maruti Suzuki's July sales rise 3% to 1,81,630 units
Aug 02, 2023, at 02:54 am
New Delhi: Maruti Suzuki India witnessed a 3% rise in total sales, reaching 181,630 units in July, primarily driven by the growing demand for its utility vehicle range.
Akasa Air expands international ambitions with addition of 20th aircraft to fleet
Aug 02, 2023, at 02:46 am
Bengaluru: India’s newest carrier, Akasa Air, announced on Tuesday the addition of the 20th jet to its fleet, ushering it into the league of international airlines in India.
Shriram General Insurance Q1FY24 net profit rises 37 per cent on digital sales
Aug 02, 2023, at 12:21 am
Kolkata: Shriram General Insurance Company (SGIC) on Tuesday said it wrote 13,03,340 policies driven by higher digital selling of traditional and new combo products.
Tata Motors registers total sales of 80,633 units in July 2023
Aug 02, 2023, at 12:04 am
Automobile major Tata Motors Limited on Tuesday said sales in the domestic and international market for July 2023 stood at 80,633 vehicles, compared to 81,790 units during July 2022.
Bosch Limited registers 12.8 percent profit before tax in Q1 FY 2023-24
Aug 01, 2023, at 11:59 pm
Bengaluru: Bosch Limited, a supplier of technology and services,on Tuesday posted its total revenue from operations of INR 4,158 crores (466 million euros) in Quarter 1 of FY 2023–24, an increase of 17.3 percent over the same quarter last year.
Microsoft appoints Puneet Chandok to lead India operations
Aug 01, 2023, at 11:46 pm
New Delhi: Microsoft on Tuesday announced Puneet Chandok’s appointment as Corporate Vice President of Microsoft India and South Asia.
Suzuki Motorcycle India records highest-ever unit sales of 107,836 units in July 2023
Aug 01, 2023, at 11:31 pm
New Delhi: Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation has achieved a significant monthly sales milestone by recording an overall sale of 107,836 units in July 2023.
Ashok Leyland flags off 'Dream Drive' from Kolkata to Hosur to mark 75th Anniversary celebrations
Aug 01, 2023, at 11:21 pm
Kolkata: Ashok Leyland, the Indian flagship of the Hinduja Group and commercial vehicle manufacturer, commenced the third route in 'Dream Drive' from Kolkata as part of its momentous 75th-year anniversary celebrations.
Max Life ties up with South Indian Bank to offer life insurance solutions
Aug 01, 2023, at 11:19 pm
New Delhi: Max Life Insurance Company Ltd. on Tuesday announced its partnership with private leder South Indian Bank.
Indian Rupee ends steady at 82.26 against USD
Aug 01, 2023, at 10:16 pm
Mumbai: The Rupee on Tuesday ended flat at 82.26 against the USD on selling of US Dollar by bankers and exporters along with negative equity market, dealers at the Foreign Exchange said.
Indian Market: Sensex falls 68.36 points
Aug 01, 2023, at 10:02 pm
Mumbai: The BSE Sensex on Tuesday declined 68.36 pts to settle at 66,459.31 on profit booking by local operators.
Andhra Pradesh has 47.17 tonnes of total gold reserves
Aug 01, 2023, at 06:23 am
New Delhi: Andhra Pradesh has 47.17 tonnes of total resources—5.3 tonnes of proven & probable reserves and 41.87 tonnes of remaining resources—of Gold as primary metal as on April 1, 2020, according to Indian Minerals Year Book 2021.
India's Gross Fixed Capital Formation grew to Rs 54.35 lakh crore since 2014-15
Aug 01, 2023, at 06:08 am
New Delhi: The Gross Fixed Capital Formation (GFCF) in the Indian economy has shown a significant increase, rising from Rs. 32.78 lakh crore (at constant 2011-12 prices) in 2014-15 to Rs 54.35 lakh crore in 2022-23 (based on Provisional Estimates).
Monthly avg gross GST collection for FY22 & FY23 grew 30% and 22% Y-o-Y respectively
Aug 01, 2023, at 05:56 am
New Delhi: The monthly average gross GST collection for the FYs 2021-22 & 2022-23 have shown 30% and 22% year-on-year growth respectively.
TRAI and C-DoT sign MoU to establish mechanism of technical and institutional cooperation in telecom
Aug 01, 2023, at 05:45 am
New Delhi: Telecom Regulatory Authority of India (TRAI) and the Centre for Development of Telematics (C-DoT) signed a Memorandum of Understanding (MoU) here on Monday.
Coal washeries capacity needs to be enhanced to reduce coal import: Coal Secy Amrit Lal Meena
Aug 01, 2023, at 05:22 am
New Delhi: India can significantly reduce its reliance on coal imports and promote domestic coal beneficiation by enhancing the capacity of washeries for coking and non-coking coal, according to Coal Secretary Amrit Lal Meena.
SBI successfully raises Rs 10,000 cr via long-term infrastructure bond
Aug 01, 2023, at 05:09 am
Mumbai: India’s largest lender State Bank of India (SBI) on Monday successfully raised Rs 10,000 crore through its third infrastructure bond issuance at a coupon rate of 7.54 percent.
8 core sectors grow at a record 8.2% in June
Aug 01, 2023, at 04:57 am
New Delhi: India's eight core sectors registered a growth of 8.2 percent in June, the Ministry of Commerce and Industry said on Monday.
Air India, IndiGo get DGCA approval to import aircraft
Aug 01, 2023, at 03:10 am
New Delhi: Air India and Interglobe Aviation, the operator of Indigo, have been given approval by the Directorate General of Civil Aviation (DGCA) to import aircraft, the Ministry of Civil Aviation announced
Lower Kharif sowing due to erratic rainfall likely to push inflation up in near term: Report
Aug 01, 2023, at 02:13 am
New Delhi: Lower rainfall in the eastern and northeastern region has resulted in much lower Kharif sowing this year which is expected to translate into higher inflation in the near term, according to an economic report by Bank of Baroda.
Axis Bank launches ‘Sampann’ premium banking services for rural and semi-urban customers
Aug 01, 2023, at 12:33 am
New Delhi: Private sector lender Axis Bank on Monday announced the launch of ‘Sampann’, a premium banking proposition specifically curated for the growth focused and progressive customer segment based in rural and semi-urban regions.