NEFT witnesses highest ever daily transaction on Feb 29
Mar 02, 2024, at 04:31 am
Mumbai: The Reserve Bank of India (RBI) announced on Friday that the National Electronic Funds Transfer (NEFT) recorded its highest-ever daily transaction volume of Rs 4.10 crore on February 29, 2024.
Mar 02, 2024, at 03:29 am
New Delhi: The Ministry of Defence inked five significant capital acquisition deals worth Rs 39,125.39 crore on Friday in New Delhi to boost the government’s Make-in-India initiative and indigenous capabilities in defence.
TVS Motor Company registers sales grow by 33 pct in February
Mar 01, 2024, at 11:32 pm
Automobile major TVS Motor Company recorded monthly sales of 368,424 units in February 2024 with a growth of 33% as against 276,150 units in February 2023.
Mahindra Auto sells 42,401 SUVs in February 2024, sales up 40 pct
Mar 01, 2024, at 11:30 pm
Auto major Mahindra & Mahindra Ltd. (M&M Ltd.) on Friday announced that its overall auto sales for the month of February 2024 stood at 72,923 vehicles, a growth of 24%, including exports.
Paytm and PPBL agree to discontinue various inter-company agreement
Mar 01, 2024, at 11:27 pm
Within days of reconstituting the Board of Directors, One 97 Communications Ltd (Paytm) on Friday said that the Company and its associate entity, Paytm Payments Bank Limited (PPBL), have introduced additional measures to strengthen their approach towards independent operations of PPBL.
GST Revenue collection at Rs 1,68,337 cr in Feb 2024
Mar 01, 2024, at 11:23 pm
The government said on Friday that the GST collection in the month of February stood at Rs 1,68,337 crore, marking a robust growth of 12.5 percent over the same month last year.
Sensex closes at lifetime high figure of 73745.35
Mar 01, 2024, at 11:16 pm
The BSE Sensex on Friday zoomed 1245.05 points to close all time high at 73745.35, getting strong signals from the US market and good Q3 GDP data.
Samsung Semiconductor India Research opens 2nd facility in Bengaluru
Mar 01, 2024, at 06:09 am
Bengaluru: Samsung Semiconductor India Research (SSIR) Thursday announced the opening of its new R&D facility in Karnataka's capital Bengaluru.
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.