India’s WPI inflation eases to 4.73 pc
Feb 14, 2023, at 10:38 pm
New Delhi: The Wholesale Price Index (WPI)-based inflation eased to 4.73 percent in January on an annual basis, data shared by the Ministry of Commerce showed on Tuesday.
ICICI Bank signs MoU with BNP Paribas
Feb 14, 2023, at 08:15 pm
New Delhi: Private sector bank ICICI Bank and BNP Paribas, a European bank, have signed a Memorandum of Understanding (MoU) to cater to the banking requirements of European corporates operating in India and Indian companies in the European Union.
Audi India launches Audi Q3 Sportback for Rs 51,43,000 ex-showroom
Feb 13, 2023, at 06:59 pm
Mumbai: Luxury car major Audi on Monday launched the new Audi Q3 Sportback in India at Rs 51,43,000 Ex-showroom.
Jammu and Kashmir Govt approves Rs 329 cr five-yr project to achieve self-reliance in Mutton sector
Feb 13, 2023, at 05:17 am
Jammu: In view of huge mutton usage in Jammu and Kashmir, especially in the Kashmiri cuisine and in order to reduce meat import in the Union Territory, the government has approved an ambitious Rs 329 crore project for next five years to achieve self-reliance in Mutton sector.
Direct tax collections in Fy23 up 24.09 pc till Feb
Feb 12, 2023, at 05:28 am
New Delhi: The direct tax collections for the financial year 2022-23 (till February 10) registered a growth of 24.09 pc at Rs 15.67 lakh crore over the collections for the corresponding period of last year, government data showed on Saturday.
European Investment Bank delegation meets UP CM Yogi Adityanath
Feb 12, 2023, at 02:09 am
Lucknow: Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said European Investment Bank's support will boost investment in Uttar Pradesh.
Japan’s hotel giant HMI Group signs MoU with UP govt, to invest Rs 7,200 crore
Feb 12, 2023, at 02:02 am
Lucknow: Japanese company Hotel Management International Company Limited (HMI) signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government on Saturday to build 30 new hotels at an investment of Rs 7,200 crore.
Locals optimistic about employment opportunities following Lithium discovery in Jammu and Kashmir
Feb 11, 2023, at 11:31 pm
Srinagar: Locals in the Salal-Haimana area of Reasi district of Jammu and Kashmir have expressed confidence that the discovery of the Lithium deposits in the country will offer employment opportunities to them.
Centre lowers Wheat Reserve Price to reduce price of atta
Feb 11, 2023, at 09:15 pm
New Delhi/IBNS: In order to reduce the price of wheat and atta, the Centre has decided to reduce the reserve price for the sale of wheat under the open market sales scheme from Rs 2300/Qtl (Pan India) from Rs 2350/Qtl (Pan India).
8 crop-specific spices parks operating across the country under Spices Board: Minister
Feb 11, 2023, at 07:27 pm
New Delhi/IBNS: The Spices Board has established eight crop-specific spices parks across the country, according to the Ministry of Commerce and Industry.
Seafood products export grows to a record US$ 7759.58 million in FY22
Feb 11, 2023, at 07:14 pm
New Delhi/IBNS: India’s Seafood products export grew to a record US$ 7759.58 million in FY 2021-22 in three years from US$ 6679 million in FY 2019-20.
Adani Group hires top US law firm Watchell to take on Hindenburg Research
Feb 11, 2023, at 08:16 am
The Adani Group is likely to take US short-seller Hindenburg Research to court over its report accusing the Gautam Adani-led conglomerate of stock manipulation and accounting fraud. The company has hired one of Wall Street's legal powerhouses to take on Hindenburg Research, reported The Financial Times.
Moody's downgrades ratings of four Adani companies
Feb 11, 2023, at 06:35 am
Mumbai: Moody’s Investors Service on Friday downgraded the outlook on four out of the eight Adani Group companies from stable to negative, media reports said.
RIL to invest Rs 75,000 cr in next 4 yrs in UP: Mukesh Ambani
Feb 11, 2023, at 05:39 am
Lucknow: Reliance Industries Limited (RIL) Chairman Mukesh Ambani on Friday said that his firm would make an additional investment of Rs 75,000 crore in the country's third largest state Uttar Pradesh in the next four years, which would create more than one lakh new employment opportunities.
Govt asks blocked loan apps to furnish documents to prove legality of their practices
Feb 11, 2023, at 05:03 am
New Delhi/IBNS: The government has asked the loan apps blocked after a notice from the Ministry of Electronics and Information Technology (MeitY) have been asked to furnish documents to prove that they operated within legal boundaries, media reports said.
Feb 11, 2023, at 03:57 am
New Delhi: The Supreme Court has asked stock market regulator SEBI to respond by Monday on possible measures that can be taken to protect the interest of Indian investors in crisis situations such as the market crash triggered by US short-seller Hindenburg Research's report on Adani Group, media reports said.
China's Alibaba offloads entire stake in Paytm
Feb 11, 2023, at 03:55 am
Mumbai/IBNS: China’s Alibaba Group has divested its entire stake in digital payments platform Paytm, news agency ANI reported.
Android case: SC refuses to modify NCLAT's order upholding CCI's penalty on Google
Feb 11, 2023, at 03:43 am
New Delhi: The Supreme Court on Friday rejected Google’s plea to modify its January 19 order in a case of unfair and anti-competitive practices related to Android devices, media reports said.
IOB Q3 net profit moves up by 22 pct
Feb 11, 2023, at 12:10 am
New Delhi: The Indian Overseas Bank has recorded a 22 percent rise in net profit for the third quarter of Financial Year 2022-23 (FY23) at Rs 555 crore.
Indian Market: Sensex falls 123.52 pts
Feb 10, 2023, at 11:08 pm
Mumbai: The BSE sensex fell 123.52 pts to close at 60,682.70 on profit booking by local operators at higher level.
India's bright future key to world's bright future: PM Modi
Feb 10, 2023, at 09:01 pm
Lucknow/UNI: Prime Minister Narendra Modi on Friday said the guarantee of the bright future of the world lies in the bright future of Indiawhile inviting investors from all over the world to invest in the entire country, specially Uttar Pradesh.
Vi expands retail presence in rural West Bengal with launch of over 200 Vi Shops
Feb 10, 2023, at 08:29 pm
Kolkata: In line with its strategy to get closer to rural consumers, leading telecom operator, Vi, has launched over 200 new format ‘Vi Shops’ across Tier 3 locations in West Bengal.
Tiago.ev now starts at a price of INR 8.69 Lakh
Feb 10, 2023, at 07:37 pm
Mumbai: Automobile major Tata Motors on Friday announced the new price of the Tiago.ev, bringing to an end the launch pricing offered to its first 20,000 customers.
Yahoo to layoff 20 percent staff
Feb 10, 2023, at 03:39 pm
New Delhi: IT major Yahoo has said it will layoff 20 percent of the total workforce as part of a major restructuring of its ad tech unit, media reports said.
Volvo Car India appoints Dipankar Mukherjee as head of marketing & PR
Feb 10, 2023, at 05:39 am
Kolkata/IBNS: Volvo Car India has appointed Dipankar Mukherjee as Head of Marketing & PR, the company said in a press release.
Feb 09, 2023, at 08:49 pm
Mumbai/IBNS: Amid reports of a raid by the Himachal Pradesh State Excise Department on a unit of the Adani Group in Parwanoo late Wednesday, the firm said in a statement on Thursday that “the officials did not find any irregularities in the operations and dealings conducted by the company.”
Ola's first electric car on track, likely to hot market in 2nd half of 2024
Feb 09, 2023, at 05:42 pm
Bengaluru: Electric-scooter maker Ola Electric Mobility Pvt. is moving ahead on its plan to deliver its first four-wheel vehicle in the second half of 2024, Bloomberg reported citing the company’s Chief Financial Officer G.R. Arun Kumar.
RBI to launch pilot project on QR code-based coin vending machines
Feb 09, 2023, at 07:52 am
Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday that the apex bank would launch a pilot project on QR code-based coin vending machines (QCVM).
Adani Group to prepay $500 million loan due next month: Report
Feb 09, 2023, at 06:26 am
The Adani Group is looking to prepay a $500 million loan due next month to a consortium of banks as the Gautam Adani-led conglomerate looks to bolster its finances following a short seller attack, Bloomberg reported.
Adani Power's Q3FY23 net profit dips 96 pc y-o-y to Rs 8.7 cr
Feb 09, 2023, at 05:17 am
Mumbai: Adani Power, a part of Adani Group, on Wednesday said its consolidated net profit dipped 96 percent year-on-year Rs 8.7 crore for Q3FY23.