Elon Musk offloads $8.5 billion worth of shares in Tesla
Apr 30, 2022, at 06:59 am
Tesla's top boss Elon Musk has sold $8.5 billion worth of shares in the electric carmaker, media reports said.
India's core sector output moves up 4.3 pc in March, coal production dips
Apr 30, 2022, at 01:16 am
New Delhi: India's core sector output grew 4.3 percent year-on-year in March 2022, according to data released by the Commerce and Industry Ministry on Friday.
Tata Passenger Electric Mobility reveals new Avinya concept built on pure EV architecture
Apr 30, 2022, at 12:57 am
Mumbai: Tata Passenger Electric Mobility (TPEM), today globally unveiled the Avinya Concept – an expression of the company’s vision of a pure electric vehicle, based on its GEN 3 architecture.
Countdown begins: LIC's Initial Public Offering to commence on May 4, ends on May 9
Apr 30, 2022, at 12:04 am
Kolkata: The countdown has started as state-owned insurance major Life Insurance Corporation of India's Initial Public Offering (IPO) will open on May 4 for subscription and will continue till May 9.
Indian Market: Sensex down 460.19 points
Apr 29, 2022, at 11:08 pm
Mumbai: The BSE Sensex on Friday tanked 460.19 points to close at 57,060.87 owing to profit booking by local operators at higher-level.
LIC's Initial Public Offering to open on May 4
Apr 29, 2022, at 11:06 pm
Kolkata: State-owned insurance major Life Insurance Corporation of India's Initial Public Offering (IPO) will open on May 4 for subscription.
Mukesh Ambani preparing to launch India's biggest IPOs
Apr 29, 2022, at 09:42 pm
Mumbai: Reliance Industries Ltd (RIL) chairman Mukesh Ambani is set to launch initial public offerings (IPOs) for Reliance Jio and Reliance Retail Ventures, media reports said.
Bharat BillPay to offer recurring payments to farmers across India in collaboration with FAARMS
Apr 29, 2022, at 07:18 pm
Mumbai: Bharat Bill Payment System, the one-stop platform for facilitating all recurring payments across categories has collaborated with FAARMS to enable the recurring payments facility for all the farmers across India.
Pidilite Industries strengthens its waterproofing portfolio - partners with GCP Applied Technologies
Apr 29, 2022, at 04:41 pm
Adhesives, sealants and construction chemicals manufacturer Pidilite Industries has partnered with US-based GCP Applied Technologies, a global player in construction products, to offer high-performance waterproofing solutions for challenging sites that have exposure to high-temperature variation and water table, under its brand Dr.Fixit.
Department of Posts starts providing NPS services through online mode
Apr 29, 2022, at 04:36 pm
New Delhi: The postal department has launched the National Pension Scheme (All Citizen Model) through online mode, effective from April 26, 2022.
'Still there': Twitter CEO Parag Agrawal clarifies after buzz over his future
Apr 29, 2022, at 04:54 am
Twitter CEO Parag Agrawal has tried to dismiss speculations over his future in the company after its hostile takeover by Tesla and Space X boss Elon Musk in a $44 billion cash deal.
PVR Cinemas announces tie-up with Oma Cinema of France
Apr 29, 2022, at 04:42 am
Las Vegas/IBNS: PVR Cinemas, a premium film exhibition company in India, has entered into an exclusive tie-up with Oma Cinema of France.
EDC pays dividend of Rs 86 lakh to Goa govt
Apr 29, 2022, at 01:35 am
Panaji/UNI: Economic Development Corporation (EDC) Ltd has paid a dividend of Rs 86 lakh to Goa Government for the financial year 2020-21, an official statement said on Thursday.
Axis Bank Q4FY22 result: PAT up 54 pc YOY to Rs 4,118 cr
Apr 29, 2022, at 01:09 am
Mumbai: Private sector lender Axis Bank Thursday announced a net profit of Rs 4,118 crores for Q4FY22, up 54 percent year-on-year and 14 percent quarter-on-quarter.
Apr 29, 2022, at 12:37 am
Kolkata/IBNS: Gainwell Engineering has partnered with World Coal Association to be a forerunner in promoting sustainable coal mining and reducing the imports of equipment pertinent to the process.
After Twitter, Elon Musk now wants to buy Coca Cola 'to put the cocaine back in'
Apr 28, 2022, at 06:17 pm
San Francisco/IBNS: After bagging the social media giant Twitter, billionaire Tesla CEO Elon Musk is now aiming to buy soft drink company Coca Cola, at least his recent tweet says that.
Mumbai: Reliance to launch luxury shopping mall for India's richest buyers
Apr 28, 2022, at 01:21 am
Mumbai: Eyeing India's growing western luxury brand market, billionaire Mukesh Ambani-led Reliance is planning to open a mega shopping mall that will be a shopping paradise for India's uber-rich, Reuters reported.
Honda 2Wheelers India Inaugurates BigWing Topline in Kolkata
Apr 28, 2022, at 12:51 am
Kolkata: Honda Motorcycle & Scooter India (HMSI) today elevated the #GoRidin spirit with the inauguration of premium big bike business vertical - the Honda BigWing Topline in Kolkata.
TVS Motor Company signs MoU with Rapido
Apr 28, 2022, at 12:32 am
Hosur: TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers globally, announced a strategic partnership with Rapido, India’s leading on-demand delivery and mobility platform today by signing a Memorandum of Understanding (MoU).
Indian Market: Sensex down 537.22 pts
Apr 27, 2022, at 11:03 pm
Mumbai: The BSE Sensex on Wednesday dropped 537.22 pts to close at 56,819.39 on weak global cues.
Tata Motors wins largest govt e-bus tender worth Rs 5,000 cr
Apr 27, 2022, at 10:35 pm
New Delhi: Tata Motors has emerged as the least cost bidder across all five categories of electric buses contained in the Grand Challenge tender process under the remodeled FAME II scheme for electric buses.
Air India proposes to buy 100 pc stake in Air Asia India
Apr 27, 2022, at 08:25 pm
Mumbai: Air India has proposed to buy a 100 percent stake in fellow Tata group-owned Air Asia India with the aim to merge the budget airline with Air India Express, its low-cost entity, to save operational costs.
RIL becomes first Indian company to cross Rs 19 trillion in market cap
Apr 27, 2022, at 07:07 pm
Mumbai: Reliance Industries Ltd (RIL) has become the first-ever Indian company to cross a market capitalization (m-cap) of 19 trillion or 19 lakh crore as the company's stock hit record hit a record of Rs 2,827.10 on BSE, up 1.7 percent intraday, said media reports.
Abu Dhabi Investment Authority to buy stake in Instas Pharma
Apr 27, 2022, at 05:48 pm
The Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund owned by the Emirate of Abu Dhabi, is going to acquire about 3 percent in Intas Pharmaceuticals for $250-$270 million (Rs 2,000 crore) at a valuation of $8.5 billion (Rs 65,000 crore), media reports said.
Jazeera Airways announces KD3.8 million in net profit in first quarter 2022
Apr 27, 2022, at 05:45 pm
Kuwait: Kuwaiti airline Jazeera Airways has announced a net profit of KD3.8 million for the first quarter (Q1) of 2022, compared to a net loss of KD5.2 million in the first quarter of 2021. Total revenue for the quarter reached KD35.7 million, up 339.2%, while operating profit stood at KD5.3 million, up 199.3%.
Apr 27, 2022, at 05:43 pm
New Delhi/San Francisco/UNI: Addressing investors and business leaders in Silicon Valley, California as part of her official visit to the US, Finance Minister Nirmala Sitharaman on Wednesday said that she is open to receive suggestions, understand pain points and offer necessary redressal wherever possible.
Kia Motors to increase production by 400,000 units by 2022: Report
Apr 27, 2022, at 04:50 pm
Mumbai: South Korean carmaker Kia Motors will increase its production in India by the end of 2022, media reports said.
19 companies apply in 2nd round of PLI scheme for white goods
Apr 27, 2022, at 06:32 am
New Delhi: A total of 19 companies with proposed investments of Rs 1,548 crore have applied to avail the benefits under the second round of PLI scheme for white goods, the commerce and industry ministry said on Tuesday.
Reliance & UAE's TA’ZIZ sign shareholder agreement for Ruwais chemicals project
Apr 27, 2022, at 04:00 am
Mumbai: India's leading conglomerate Reliance Industries Ltd (RIL) and Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) on Tuesday announced the signing of shareholder agreement for the Ruwais chemicals project.
Tesla welcome to set shop in India, but shouldn't import from China to sell here: Nitin Gadkari
Apr 27, 2022, at 03:10 am
New Delhi: US-based electric carmaker Tesla is welcome to set up manufacturing units in India, sell the vehicles here and also export them but must not import cars from China, Transport Minister Nitin Gadkari said Tuesday, media reported.