India's auto-parts industry records trade surplus of $700 million in 2021-22
Aug 23, 2022, at 09:21 pm
New Delhi: India's auto parts makers have recorded a trade surplus of $700 million in the year 2021-222, as top automobile manufacturers around the world adopt a "China Plus One" strategy to shield the supply chains from the risks involved in relying completely on a single source in the wake of Covid-19.
Aug 23, 2022, at 03:46 am
Kolkata: State-owned warship maker Garden Reach Shipbuilders and Engineers Ltd (GRSE) Monday inaugurated Skill Development Programs for youth including Phlebotomy Technician & General Duty Assistant Training Batches at Ramakrishna Math, Baghbazar.
Axis AMC extends its WhatsApp services to 27 key facilities
Aug 23, 2022, at 03:26 am
Mumbai: Axis Asset Management (Axis AMC) has extended its WhatsApp services to enable investors access to 27 key facilities.
British luxury supercar maker McLaren Automotive confirms arrival in India
Aug 22, 2022, at 11:36 pm
London: British luxury supercar maker McLaren Automotive on Monday confirms its imminent entry into the major Indian market, the brand’s 41st global territory.
Aug 22, 2022, at 11:34 pm
Ahmedabad: Honda Motorcycle and Scooter India (HMSI) commenced all India dispatches of the all-new CB300F from its 4th factory at Vithalapur region located in Ahmedabad district of Gujarat.
BOI & IREDA Join Hands in Green Finance
Aug 22, 2022, at 11:06 pm
Mumbai: As stakeholders in sustainable development and carbon compliant economy, Bank of India and Indian Renewable Energy Development Agency (IREDA) have joined hands for co-lending, co- origination & loan syndication in renewable energy segment among others.
Aug 22, 2022, at 05:58 pm
New Delhi: Aditya Birla Health Insurance Company Ltd. (ABHICL), the Health Insurance subsidiary of Aditya Birla Capital Limited, a noteworthy non-banking financial services company, has launched a revamped and renewed version of its self-servicing chatbot “Abhi”.
Financial advisor Nilanjan Dey launches book on the great Indian retirement crisis
Aug 22, 2022, at 05:54 pm
Kolkata/IBNS: Indians are teetering on the brink of a terrible retirement crisis, said Kolkata-based financial advisor Nilanjan Dey as he debuts as a writer launching his first book -No Room For Less- addressing the concern that is not often discussed in media or other forums.
Indian Market: Sensex dips over 400 pts
Aug 22, 2022, at 04:15 pm
Mumbai: The BSE Sensex on Monday lost further by 451 points at 59,194.86 in opening trade, on weak global peers.
No plan to levy charges for UPI fund transfers, says Union Finance Ministry
Aug 22, 2022, at 03:43 am
New Delhi: The Finance Ministry on Sunday said that the government has no plans to levy any charges for UPI (Unified Payments Interface) transactions.
Sahreholders reappoint Vijay Shekhar Sharma to head Paytm for 5 more yrs
Aug 22, 2022, at 02:22 am
Vijay Shekhar Sharma has been once again appointed the Managing Director and Chief Executive Officer of Paytm as 99.67 percent of shareholders voted in favour of him.
Enough wheat to feed people; no plan to import: Govt
Aug 21, 2022, at 10:46 pm
New Delhi: India has enough wheat to meet the domestic demand, the government has said rejecting a Bloomberg report that claimed that lower production and price rises worsened by a severe heatwave may force it to buy the grain from outside.
Canadian fund OTPP to buy majority stake in Sahyadri Hospitals
Aug 20, 2022, at 09:18 pm
Mumbai: Canada's leading investor Ontario Teachers' Pension Plan Board (OTPP) will acquire a significant majority stake in Sahyadri Hospitals Group, the largest hospital chain in Maharashtra, OTPP said in a statement.
Mahindra announces an amazing introductory price for the Scorpio Classic – starting ₹11.99 lakh
Aug 20, 2022, at 07:13 pm
Mumbai: Mahindra & Mahindra Ltd., pioneers of the SUV segment in India, on Saturday announced the prices of the new Scorpio Classic – the new avatar of its iconic brand, Scorpio.
RBL Bank introduces Super Senior Citizen Fixed Deposits
Aug 20, 2022, at 07:10 pm
Mumbai: RBL Bank on Saturday announced that it has launched a Super Senior Citizen Fixed Deposits Product on the occasion of International Senior Citizens Day, which will be celebrated Aug 21, 2022.
DoT gets Rs 17,876 crore from telecom firms as upfront payment for 5G spectrum rights
Aug 20, 2022, at 05:16 pm
The Department of Telecom (DoT) has received payment of around Rs 17,876 crore from four telecom companies -- Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea -- for the 5G spectrum rights they won in a recent auction, media reports said.
Dolo 650 maker refutes CBDT's allegation of giving freebies worth Rs 1000 cr to doctors
Aug 20, 2022, at 04:50 pm
New Delhi: Pharma company Micro Labs Ltd has rejected the Central Board for Direct Taxes's (CBDT) allegation that it distributed freebies worth Rs 1,000 crore to doctors to have its paracetamol tablet Dolo-650 prescribed.
Significant rise in import of Venezuelan petcoke by Indian cement companies: Report
Aug 20, 2022, at 04:39 pm
The cement manufacturers in India are importing petroleum coke from Venezuela in significant amounts as they look for cheaper energy alternatives amid skyrocketing coal prices across the globe.
European countries reviving coal-fired power units amid shortage of gas supply
Aug 20, 2022, at 06:00 am
Ahead of the winter season, many European nations are prepping up their coal-fired power plants as a last resort to cover the gap in case other sources cannot produce enough electricity, especially due to lower gas flows from Russia as a result of disputes triggered by its invasion of Ukraine, media reports said.
Aug 20, 2022, at 03:29 am
Mumbai: The Reserve Bank of India (RBI) has issued a clarification over a bulleting article written by its researchers that said "a big bang approach to privatise them will do more harm than good" given the important role played by them in financial inclusion.
Aggressive focus on increasing coking coal production needed: Coal Minister
Aug 20, 2022, at 02:34 am
New Delhi: India needs an aggressive focus on increasing coking coal production to reduce import dependence, Coal Minister Pralhad Joshi said Friday while inviting suggestions from all stakeholders for finding technology solution and using available coking coal in the country.
Edelweiss Tokio Life offers new Flexi Savings Plan
Aug 20, 2022, at 02:27 am
Kolkata: Edelweiss Tokio Life Insurance today announced a new participating product called Flexi Savings Plan which offers an innovative optional feature called Accrual of Survival Benefit.
Indian Market: Sensex drops 651.85 points
Aug 19, 2022, at 11:47 pm
Mumbai: The BSE Sensex on Friday crashed 651.85 points at 59,646.15 on weak global cues.
JK Tyres strengthens commercial vehicle portfolio with launch of new product offerings
Aug 19, 2022, at 03:55 pm
Kolkata: Indian Tyre major and the market leader in Truck Bus Radial segment, JK Tyre & Industries Ltd. today launched two new product offerings - Jetsteel JDH XM and Jetway JUC XM thereby further expanding their radial tyre portfolio.
Aug 19, 2022, at 03:43 pm
Cochin: Volkswagen Passenger Cars India celebrates the first day of Chingam and Onam festivities through a mega delivery program by delivering 175 cars to customers in Kerala in a day.
19th International Foodtech Kolkata 2022 show gearing up to draw foreign and Indian companies
Aug 19, 2022, at 05:32 am
Kolkata/IBNS: More than 130 major foreign and Indian food and hospitality sector companies and leading brands would participate at the eastern region’s largest food and hospitality exhibition - 19th International Foodtech Kolkata 2022 – to be held at the Biswa Bangla Milan Mela Prangan from 26 to 28 August.
Logistics startup Shiprocket enters unicorn club with Rs 259 cr fundraise
Aug 18, 2022, at 11:17 pm
Mumbai: Zomato-backed logistics startup Shiprocket has raised Rs 259 crore in an extended Series E round at a post-money valuation of Rs 9,815 crore (around $1.2 billion), Moneycontrol reported citing company filings with the Ministry of Corporate Affairs (MCA).
Aug 18, 2022, at 05:46 am
Kolkata: Digital product engineering service provider Calsoft Inc unveiled its new centre in Kolkata on Wednesday.
Aug 18, 2022, at 02:43 am
New Delhi: The Union Cabinet has extended the Emergency Credit Line Guarantee Scheme (ECLGS) from Rs 50,000 crore to Rs 5 lakh crore, Information & Broadcasting Minister Anurag Thakur said Wednesday.
Aug 18, 2022, at 02:25 am
Mumbai: India's youngest airline, Akasa Air, which hit the skies days before its promoter--billionaire investor Rakesh Jhunjhunwala passed away--has said it has strong financial means to add a new aircraft every two weeks or 72 aircraft over the next five years, media reports said.