India considers new coal imports amid rise in power demand
Sep 10, 2022, at 06:39 am
India may consider further coal imports to avoid a fresh power supply crisis, according to media reports.
Indian Railways floats tender inviting pvt players to make 80,000 wheels annually
Sep 10, 2022, at 05:11 am
The India Railways Friday floated tender inviting bids from private players for setting up a wheel plant with a capacity of manufacturing at least 80,000 wheels annually, according to media reports.
Tata in talks with Taiwanese company to make iPhones in India
Sep 10, 2022, at 03:57 am
Tata Group is in talks with a Taiwanese company to partner in product development, supply chain and assembly of iPhones in India, according to media reports.
Sep 10, 2022, at 12:58 am
New Delhi: Finance Minister Nirmala Sitharaman has directed the Reserve Bank of India (RBI) to create a "whitelist" of loan applications that operate as per government rules and have legal sanction. She also asked the Ministry of Electronics and Information Technology (MeiTY) to ensure that only these apps are available on Google Play Store and Apple App Store.
Lithuania opposes electricity price cap
Sep 10, 2022, at 12:49 am
Brussels/UNI: Lithuania supports the introduction of a price cap on Russian gas, but opposes restrictions on electricity prices, as it will harm the country's domestic market, Energy Minister Dainius Kreivys said on Friday.
Indian market: Sensex up 104.92 points
Sep 10, 2022, at 12:23 am
Mumbai: The BSE Sensex on Friday added another 104.92 points gains to close strong at 59,793.14 as renewed buying was witnessed in IT, telecom, bank and auto stocks amid a strong Asian market.
NTPC to supply renewable energy power to Military Engineering Services (MES)
Sep 09, 2022, at 11:51 pm
New Delhi: India’s largest integrated energy company NTPC Ltd has entered into an agreement to supply renewable energy power to the armed forces (Military Engineering Services).
Centre decriminalizes 68 provisions of Mineral Concession Rules, 1960
Sep 09, 2022, at 11:27 pm
The Ministry of Coal has amended Mineral Concession Rules, 1960 (MCR) with a view to decriminalize its provisions.
Oglivy appoints Indian-origin Devika Bulchandani as CEO
Sep 09, 2022, at 10:46 pm
New York: Global advertising and public relations agency Ogilvy on Wednesday announced that India-origin Devika Bulchandani has been appointed Global Chief Executive Officer.
New Citroën C5 aircross SUV: A benchmark in terms of comfort and modularity
Sep 09, 2022, at 10:06 pm
Kolkata: As a flagship model of the comfort part of Citroën’s DNA, the new C5 Aircross SUV retains characteristics that make it stand out in its segment, contributing to an overall experience focused on well-being and ease of use.
Sensex rallied to 659.31 pts higher, and Nifty rose by 174.36 pts
Sep 08, 2022, at 11:51 pm
Mumbai/IBNS: The BSE Sensex on Thursday surged 659.31 points to close at 59,688.22 on the strength of bankex, technology, IT, and finance stocks amid strong global cues.
Tata Power Renewable Energy Ltd to set up 100 MW solar plant for Viraj Profile Pvt Ltd
Sep 08, 2022, at 11:28 pm
Kolkata: Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power has collaborated with the leading Indian Stainless Steel manufacturer - Viraj Profile Private Limited, to set up a 100 MW captive solar plant.
Starbucks new CEO Laxman Narasimhan to get a massive Rs 140 crore annual salary
Sep 08, 2022, at 08:32 pm
Laxman Narasimhan, who was recently named the CEO of American coffee giant Starbucks, is likely to take a big jump in terms of his pay package, according to various media reports.
1mg becomes India's 21st unicorn in 2022 after internal funding round led by Tata Digital
Sep 08, 2022, at 08:19 pm
Mumbai: Online pharmacy and healthcare services company 1mg turned unicorn following an internal funding round led by Tata Digital, media reports said.
Kolkata: Odisha urges apparel & textile investors to set shop in state in roadshow
Sep 08, 2022, at 08:09 pm
Kolkata: Textiles is one of the priority sectors where Odisha hopes to achieve exponential growth in the coming years, Odisha's Handlooms, Textiles & Handicrafts minister of state Rita Sahu Wednesday said, urging investors in the apparel and textile sector to set shop in the state.
Sensex jumps by over 500 points
Sep 08, 2022, at 05:13 pm
Mumbai/UNI: The BSE Sensex on Thursday bounced back by 574 points at 59,603.59 in the opening session as buying was seen across the board amid positive Asian Market.
India, US need to resolve issues relating to strategic areas to cooperate, says Gautam Adani
Sep 08, 2022, at 05:32 am
New Delhi: The existing $150 billion India-US trade is “no more than a speck in the ocean” given that the combined value of the GDP of the two nations in 2050 is expected to be a staggering USD 70 trillion dollars or 35-40 percent of the global economy, billionaire businessman Gautam Adani Wednesday said.
Adani to set up 3 gigafactories in India as part of a $70 billion investment in clean energy by 2030
Sep 08, 2022, at 04:47 am
Asia's richest man Gautam Adani has said his conglomerate will set up three gigafactories to manufacture renewable energy equipment, including solar panels, wind turbines, and hydrogen electrolyzers.
Axis Bank and PayNearby partner to launch bank accounts for last mile users at a nearby store
Sep 08, 2022, at 12:19 am
Axis Bank, India’s third largest private sector lender, has partnered with PayNearby, the country's largest branchless banking and digital service network, to offer the seamless opening of savings and current bank accounts for both last-mile retailers and customers, a joint press release by the companies said.
Union Cabinet approves 2nd phase of Kochi Metro
Sep 07, 2022, at 11:40 pm
New Delhi: The Union Cabinet on Wednesday approved the second phase of the Kochi Metro Rail Project from JLN Stadium to Infopark via Kakkanad, at a cost of Rs 1,957.05 crore.
Internationalisation of CBDC can address transborder payment issues, says RBI Deputy Governor
Sep 07, 2022, at 11:10 pm
RBI deputy governor T Rabi Sankar Wednesday said in New Delhi that internationalisation of CBDC was crucial to addressing the problems faced by international bodies in cross border payments, media reports said.
Piyush Goyal interacts with Venture Capitalists in San Francisco Bay Area
Sep 07, 2022, at 11:06 pm
San Francisco: Commerce and Industry Minister Piyush Goyal on Wednesday interacted with the Venture Capitalists in San Francisco Bay Area.
Piyush Goyal launches India-US Startup SETU
Sep 07, 2022, at 11:04 pm
New Delhi: Commerce and Industry Minister Piyush Goyal launched the US Startup SETU - Supporting Entrepreneurs in Transformation and Upskilling programme in the Bay Area of San Francisco.
Centre cuts railways land licence fees, paving way for privatisation of Concor
Sep 07, 2022, at 09:28 pm
New Delhi: The Union Cabinet Wednesday approved the reduction in the railway land license fee policy from 6 percent to 1.5 percent and the lease period has been increased to up to 35 years from five years.
CSB Bank announces special rates this festive season; up to 6.90 pct in NRE deposits
Sep 07, 2022, at 08:37 pm
Mumbai: CSB Bank is ensuring an enhanced client relationship and engagement for its NRI customers by offering attractive rates in this festive season.
Pieter Elbers becomes IndiGo's new CEO as Ronojoy Dutta retires
Sep 07, 2022, at 06:51 pm
InterGlobe Aviation which operates budget carrier IndiGo Tuesday announced Pieter Elbers has joined as its new chief executive officer (CEO) with effect from September 6, replacing Ronojoy Dutta, who retired last week.
Why power surplus Bangladesh wants to buy electricity from Adani
Sep 07, 2022, at 06:49 pm
New Delhi: In his meeting with Prime Minister of Bangladesh Sheikh Hasina, Adani Group chairman Gautam Adani said his company is committed to commissioning the 1600 MW Godda Power Project and dedicated transmission line to Bangladesh by the end of this year.
Russia's fossil fuel export revenue tops its Ukraine war cost
Sep 07, 2022, at 06:45 pm
Russia's earnings from oil gas and coal exports in the last six months have covered its expenditure on the Ukraine invasion, according to an analysis from Helsinki-based nonprofit think tank Centre for Research on Energy and Clean Air, reported ET.
Russia to accept rubles and yuan from China for gas imports
Sep 07, 2022, at 05:56 pm
Russia's energy giant Gazprom said Tuesday that China will start paying for Russian gas in rubles and yuan instead of US dollars, AFP reported.
Adani Group allays concerns about being overleveraged, says loans from PSBs halved
Sep 07, 2022, at 06:47 am
Gautam Adani-led Adani Group has responded to concerns about it being overleveraged citing an improved net debt to operating profit ratio and more than halving of loans from public sector banks, media reports said.