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.
Govt issues revised guidelines to set up public EV charging stations
Jan 16, 2022, at 08:44 am
New Delhi/IBNS: In an attempt to create a support network for Electronic Vehicles (EVs), the Centre has allowed government entities to provide land to private agencies to set up public charging stations through bidding starting with a floor price of Rs 1 per unit.
Maruti Suzuki hikes prices by 1.7 pc
Jan 16, 2022, at 01:44 am
Mumbai/UNI: The country's largest carmaker Maruti Suzuki on Saturday said it has increased prices of its entire range of products by 1.7 percent with immediate effect.
Samsung made over 300mn smartphones in 2021
Jan 16, 2022, at 01:25 am
Seoul/UNI: Samsung manufactured over 300 million smartphones, which includes those manufactured by its own units as well as its manufacturing partners, in 2021.
Reliance, Mahindra, Hyundai submit bids for battery scheme: Report
Jan 15, 2022, at 08:40 pm
New Delhi/IBNS: Reliance Industries, Mahindra & Mahindra and South Korean automaker Hyundai have submitted bids for the $2.4 billion battery scheme, Reuters reported.
Zomato winds up its South Africa business
Jan 15, 2022, at 08:24 pm
Mumbai/IBNS: Zomato Friday said it has completed the winding up of its South Africa business effective this month.
REC raises USD 1175 million syndicated term loan
Jan 15, 2022, at 03:20 am
Mumbai/UNI: In a first for any NBFC in India, state-run non-banking financial company REC Limited (Rural Electrification Corporation Limited) on Friday said it has successfully raised USD 1,175 million from a consortium of seven banks.
Exports surge in Dec, trade deficit widens
Jan 15, 2022, at 02:59 am
New Delhi/UNI: India’s merchandise exports in December 2021 grew 38.91 percent year-on-year at $37.81 billion, as compared to $27.22 billion in December 2020.
CAIT files petition to block Amazon's bid to buy 100 pc stake in Cloudtail
Jan 15, 2022, at 02:09 am
New Delhi/UNI/IBNS: American e-commerce giant Amazon has landed in fesh trouble as Delhi-based Confederation of All India Traders (CAIT) on Friday has filed a petition before the Competition Commission of India (CCI) seeking to block Amazon's deal to acquire 100 per cent stake in Cloudtail.
TVS Motor partners with Swiggy to expand EV role in food delivery
Jan 15, 2022, at 01:27 am
New Delhi/UNI: Two & 3Wheeler manufacturer TVS Motor Company has announced a partnership with food and on-demand delivery player Swiggy to enable the adoption of electric vehicles in its delivery fleet and increase the share of EVs in food delivery and on-demand delivery services.
PHDCCI welcomes JK Bank's OTS scheme
Jan 15, 2022, at 12:44 am
Srinagar/IBNS: PHD Chamber of Commerce and Industry's (PHDCCI) Jammu & Kashmir chapter welcomed the J&K Bank’s Special One Time Settlement (OTS) scheme for non-performing assets NPAs.
Passenger vehicle sales drop by 13 pc, 2-wheeler sales down by 11 pc in Dec: SIAM
Jan 15, 2022, at 12:34 am
New Delhi/UNI: Amidst supply constraints and spread of Omicron, passenger vehicle sales in India fell 13 percent to 2,19,421 units last month from 2,52,998 in December 2020. The sales of two-wheelers also fell 11 per cent to 10,06,062 units, from 11,27,917 in December 2020, the Society of Indian Automobile Manufacturers (SIAM) said on Friday.