MG Motor India faces production challenges due to chip shortage; retails 3241 units in September
Oct 01, 2021, at 11:02 pm
Gurugram: MG Motor India registered a 28 percent increase in sales compared to last year as it retailed 3241 units in September 2021.
Escorts Agri Machinery September 2021 sale moves down by 25.6 pc t0 8,816 tractors
Oct 01, 2021, at 10:59 pm
Mumbai/UNI: Escorts limited Agri Machinery products segment (EAM) has reported a drop of 25.6 pc in its September 2021 at 8,816 tractors as against 11,851 tractors sold in September 2020.
Ashok Leyland September 2021 total sale moves up by 14 per cent to 9533 units
Oct 01, 2021, at 10:50 pm
Mumbai/UNI: Commercial vehicle major, Ashok Leyland reported 14 per cent increase in total vehicles sales for the month of September with sales of 9,533 units as compared with 8,332 units sold in the same month last year, the company said on Friday.
Oct 01, 2021, at 09:40 pm
Mumbai/IBNS: Reliance Industries Ltd. (RIL) has justified the inclusion of Saudi Aramco chairman Yasir Al-Rumayyan as an independent director, saying that the appointment meets all the regulatory criteria, pending shareholder approval on the decision.
Reports claiming Tata Sons won Air India bid incorrect: Govt
Oct 01, 2021, at 08:04 pm
New Delhi/IBNS: The central government has rubbished the reports claiming Indian multinational conglomerate Tata Sons won the bid to acquire debt-ridden national airline Air India.
Tata Sons wins bid to acquire Air India: Reports
Oct 01, 2021, at 06:02 pm
New Delhi/IBNS: Indian multinational conglomerate Tata Sons has won the bid to acquire the debt-ridden national carrier Air India, media reports said.
PVR Cinemas announces reopening of its first multiplex SAKET
Oct 01, 2021, at 05:16 pm
New Delhi/IBNS: Indian film exhibition company PVR Limited has announced the re-opening of its flagship multiplex property PVR SAKET (erstwhile Anupam) located at Community Centre, Saket here.
Air India disinvestment: Minimum reserve price decided, successful bidder likely finalised
Oct 01, 2021, at 03:39 am
New Delhi/IBNS: The government has decided on the minimum reserve price for national carrier Air India as it moves forward to end the disinvestment process by the end of the ongoing fiscal year, media reports said.
Tata super app 'TataNeu' readies for pilot run among 7 lakh employees of the group: Report
Oct 01, 2021, at 02:25 am
Mumbai/IBNS: Salt-to-steel conglomerate Tata Group's super app named "TataNeu" may still be some months away from commercial launch but group's chairman N Chandrasekaran recently gave a sneak peek of the app to the senior leadership, media reports said.
India-China relations have huge economic potential: Chinese Consul General Zha Liyou
Sep 30, 2021, at 05:07 am
Kolkata: China and India share extensive common interests and have huge potential for economic and trade cooperation and people-to-people exchanges, said a senior Chinese diplomat in Kolkata on Tuesday amid a lingering trust deficit since the Galwan Valley clash of eastern Ladakh last year.
Blue Dart announces General Price Increase from Jan 1
Sep 30, 2021, at 04:14 am
Kolkata/IBNS: Logistics major Blue Dart Express Limited Wednesday announced its General Price Increase (GPI), effective from January 1, 2022.
UK Govt and Green Investments Group £200 million JV mandated to invest in India and Africa
Sep 30, 2021, at 03:36 am
Kolkata/IBNS: The paradigm shift towards clean growth will reduce toxic air and promote health benefits by continuously reducing dependence on fossil fuel-based sources that provide approximately 64% of India’s electricity, according to Allan Walker, Green Finance Specialist, UK Department for International Trade (DIT).
Bangladesh urges India to step up investments in its SEZs
Sep 30, 2021, at 02:08 am
Kolkata/IBNS: Bangladesh has urged India to step up investments in its three Special Economic Zones, namely Mongla, Bheramara, and Mirsarai.
Indian Market: Sensex down 254.33 pts
Sep 29, 2021, at 11:47 pm
Mumbai/UNI: The BSE Sensex on Wednesday further lost 254.33 pts to settle at 59,413.27 as selling pressure was seen in Bankex, Finance, Auto and Capital Goods stocks amid weak Asian Market.
Indian Rupee closes at 74.14, 1 month weak against USD
Sep 29, 2021, at 11:42 pm
Mumbai/UNI: The Rupee on Wednesday remained weak for the third straight session as it declined by ten paise at 74.14, one month low against the US Dollar on brisk demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Birla Corporation announces 30 million ton capacity target by 2027
Sep 29, 2021, at 11:36 pm
Kolkata: Birla Corporation Limited (MP Birla Group) will increase its annual cement production capacity to 30 million tons (mt) by 2027, said Harsh V Lodha, Chairman of the MP Birla Group, at the annual general meeting of the Company here Wednesday.
Tata Motors launches the all-new NRG in Nepal
Sep 29, 2021, at 09:22 pm
Kathmandu: In partnership with Sipradi Trading Pvt. Ltd., Tata Motors, India’s leading automotive brand launched yet another exciting product under its ‘New Forever’ range - the all-new NRG at a starting price of NPR 33.75 Lakhs.
Energy consumption: Chinese province orders companies to suspend production
Sep 29, 2021, at 05:06 pm
Beijing: Zhejiang province, which is considered as a major Chinese manufacturing hub, has ordered a swath of companies to temporarily halt production as the province struggles to meet its energy consumption targets.
Indian Rupee slips 13 paise against USD
Sep 29, 2021, at 04:26 pm
Mumbai/UNI: The Rupee on Wednesday fell another 13 paise at 74.17 in opening session on rising demand for USD Dollar by bankers and importers, dealers at the Forex Market said.
Indian Market: Sensex down over 300 pts
Sep 29, 2021, at 04:04 pm
Mumbai/UNI: The BSE Sensex on Wednesday dropped further by 371 pts to open at 59,296.54 as selling was seen in Finance, Health Care, Industrials and IT stocks.
SAIL chairman lauds performance, describes FY21 year of 'growth and scaling newer heights'
Sep 29, 2021, at 07:19 am
New Delhi/IBNS: SAIL Chairman Soma Mondal,Tuesday described the FY2021 as the year of ‘growth and scaling newer heights' as SAIL posted its highest ever EBITDA of Rs 13740 Crore which was higher by approximately 23% over CPLY.
Sep 29, 2021, at 04:23 am
New Delhi/IBNS: JICA Chief Representative Mitsunori Saito on Tuesday mentioned about areas of collaboration with Eastern India highlighting that Kolkata Metro will become the first network in India to have an underwater section while speaking at the Confederation of Indian Industry (CII)'s first ever East India Summit 2021.
Indian govt committed to progress in east and northeast: NITI Aayog CEO Amitabh Kant
Sep 29, 2021, at 12:54 am
Kolkata/IBNS: NITI Aayog CEO Amitabh Kant Tuesday said the Indian government is fully committed to ensure all measures are taken towards enhancing the progress in the eastern and northeastern region of the country.
UK Royal Mint launches gold bar featuring Goddess Lakshmi for Diwali
Sep 29, 2021, at 12:22 am
London/IBNS: Ahead of the festival of Diwali, the UK Royal Mint has issued a gold bar featuring the Hindu Goddess of wealth Lakshmi, according to media reports.
Muthoot Finance launches AI Virtual Assistant ‘Mattu’
Sep 29, 2021, at 12:16 am
Kolkata: Muthoot Finance, India’s largest gold loan NBFC has joined hands with Senseforth.ai, a leader in Conversational AI technology to launch ‘Mattu’, an AI-powered virtual assistant.
Sep 28, 2021, at 11:41 pm
Mumbai/UNI: Snapping a winning streak of last three sessions, the BSE Sensex on Tuesday plummeted 410.28 pts to below 60K level to 59,667.60 on profit booking by local operators amid weak global cues.
Bharti Airtel drops 3.68 pc to Rs 696.25
Sep 28, 2021, at 11:37 pm
Mumbai/UNI: Bharti Airtel on Tuesday tumbled down by 3.68 pc to Rs 696.25 a major loser in 30 scrips of BSE.
Petrol price hiked first time in 2 months as global prices reach a 3-yr high
Sep 28, 2021, at 08:50 pm
New Delhi/IBNS: The state-run oil marketing companies (OMCs) increased the petrol price by 19 to 25 paise per litre across India on September 28 as international oil prices spiked to a three-year high.
Indian Market: Sensex opens high at 60,285.89 pts
Sep 28, 2021, at 04:19 pm
Mumbai/UNI: The BSE Sensex continued to surge as it opened at a new peak of 60,285.89, up 208 pts on Tuesday following gains in Auto, Capital Goods and IT stocks.
Amazon responds to 'East India Company 2.0' barb highlighting 'impact on small business'
Sep 28, 2021, at 05:31 am
New Delhi/IBNS: Hours after RSS-linked magazine Panchjanya attacked Amazon as "East India Company 2.0" and tagged it as a "threat to indigenous entrepreneurship", the e-commerce giant responded on Monday citing its "positive impact on small businesses... including sellers, artisans, and delivery and logistics partners".