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.
SpiceJet announces eight new flights including two under UDAN
Apr 27, 2022, at 02:11 am
Kolkata: Indian low-cost airline SpiceJet Tuesday announced the launch of new and additional flights including industry-first UDAN flights connecting Pune with Bhavnagar.
Airtel Payments Bank partners with IndusInd Bank to offer Fixed Deposit facility to its customers
Apr 27, 2022, at 01:45 am
New Delhi: Airtel Payments Bank on Tuesday announced the launch of the Fixed Deposits (FD) facility in partnership with IndusInd Bank.
Coal crisis plunges Indian states into power outrages
Apr 27, 2022, at 12:37 am
New Delhi/IBNS: Dwindling coal stocks in various thermal plants coupled with the high price of importing coal and shortage of rakes has caused a power crisis situation for 12 Indian states, including Maharashtra, and Uttar Pradesh, according to media reports.
LIC IPO likely to be on May 4: Report
Apr 26, 2022, at 11:38 pm
New Delhi: Life Insurance Corporation of India (LIC IPO) is likely to open on May 4 and is expected to close on May 9, according to media reports.
Powergrid moves up 3.93 pc to Rs 231.65
Apr 26, 2022, at 10:35 pm
Mumbai: Powergrid on Tuesday rose 3.93 per cent to Rs 231.65, a major gainer in 30 scrips of the BSE.
Apr 26, 2022, at 10:14 pm
Mumbai: The BSE Sensex on Tuesday rallied 776.72 points to close at 57,356.61 on positive global cues.
FM Sitharaman woos investors in US, urges them to become part of India's growth story
Apr 26, 2022, at 05:00 pm
New Delhi/San Francisco/UNI: On an official visit to the US, Union Finance Minister Nirmala Sitharaman on Tuesday attended a roundtable meeting with business leaders and investors in San Francisco and invited them to become part of India's growth story.
Apr 26, 2022, at 03:42 pm
Mumbai: The BSE Sensex on Tuesday bounced back 697 pts at 57,276.89 as buying was seen across the board.
Apr 26, 2022, at 03:01 pm
Mumbai: Petrol and diesel prices remained unchanged for the 20th day in a row on Tuesday. According to the price notification of Indian Oil Corporation, petrol in Delhi costs Rs 105.41 per litre and diesel Rs 96.67 per litre.
Twitter accepts Elon Musk's $44 billion buyout deal
Apr 26, 2022, at 06:20 am
San Francisco/IBNS: In a major announcement, Twitter Inc. Monday accepted Tesla CEO Elon Musk's nearly $44 billion takeover offer, a deal ranked as one of the biggest-ever leveraged buyouts of a listed company.
Twitter to make announcement on Elon Musk's takeover offer soon: Reports
Apr 26, 2022, at 05:45 am
San Francisco/IBNS: Twitter Inc. is in its final lap to make an announcement over Tesla CEO Elon Musk's $43 billion takeover offer, a deal if finalised would rank as one of the biggest-ever leveraged buyouts of a listed company.
Apr 26, 2022, at 12:54 am
New Delhi: In line with its commitment to sustainability and green mobility, Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’, a Forbes Global 2000, and a Fortune Global 500 Company has partnered with MG Motor India to bolster the EV charging infrastructure across the country.