Bridgestone India’s Pune plant is verified Carbon Neutral
Kolkata: Bridgestone India’s plant at Chakan in Pune district has been verified as being carbon neutral for the year 2022, the company said in a statement.
Finance
IndiGo gets DGCA's approval to add 11 planes
Delhi: Budget carrier IndiGo has received approval from the Directorate General of Civil Aviation (DGCA) to incorporate 11 A320 planes from SmartLynx Airlines, media reports said.
Tesla to double auto component import to $1.7-1.9 billion from India this year: Piyush Goyal
New Delhi: Electric car company Tesla Inc is looking to source automobile components worth $1.7-1.9 billion this year from India, double the value of components imported by the car maker last year, Union Commerce Minister Piyush Goyal said on Wednesday.
Adani Group in talks to refinance debt 3.5 billion debt, Asia's biggest loan this year: Report
Mumbai: Adani Group is in talks with banks to refinance $3.8 billion worth of debt taken for the acquisition of Ambuja Cement Ltd, making it the biggest loan in Asia this year, Bloomberg reported.
Bombay Dyeing to sell 22-acre land in Mumbai's Worli
Mumbai: The Bombay Dyeing and Manufacturing Company Limited (BDMC) on Wednesday announced that its board of directors has given the green light to a plan to vend a land plot of approximately 22 acres (inclusive of the associated Floor Space Index, or FSI) in the Worli region of Mumbai to Goisu Realty Private Limited, reported Moneycontrol.
Indian Market: Sensex advances 245.86 pts
Continuing the rally for ninth consecutive session on Wednesday, the Sensex spurted 245.86 pts to close high at 67,466.99 following gains in Telecommunications, Consumer Durable, Oil and Gas and Metal stocks.
Indian Market: Sensex down 51.67 points
The BSE Sensex on Wednesday slipped 51.67 points to 67,169.46 as selling was seen across the board.
Additional duty on US-origin apples , almonds removed as Washington allows market access to Indian steel and aluminium
New Delhi: India has withdrawn additional duties on eight US-origin products, including apples, walnuts and almonds, the Ministry of Commerce and Industry said on Tuesday.
Paytm won't need funding in the near future: CEO Madhur Deora
Mumbai: Fintech company Paytm has said that it will not need funding in the near future as the company has a cash balance of Rs 8,300 crore and it is confident of becoming sustainable due to the free cash flow, media reports said.
Need to clamp down on auto component imports: Commerce & Industry Minister Piyush Goyal
New Delhi: Union Commerce and Industry Minister Piyush Goyal on Tuesday emphasized the need to introduce strict measures to clamp down on imports of automobile components by certain manufacturers despite their availability in the domestic market, media reports said.
Etihad Airways ropes in Katrina Kaif as its new brand ambassador
UAE's national airline Etihad Airways has roped in Bollywood superstar Katrina Kaif as its new ambassador.
KKR to invest Rs 2,069 crore in Reliance Retail for additional 0.25% stake
Mumbai: Global investment firm KKR will invest Rs 2,069.50 crore into Reliance Retail Ventures Ltd (RRVL) to increase its equity stake in the retail major from 1.17% to 1.42%.
RBI revises rules for classification and operation of investment by banks
Mumbai: The Reserve Bank of India (RBI) said on Tuesday that it has amended the existing norms for the classification, valuation, and operation of investment portfolios of commercial banks based on the feedback it received from a discussion paper.
SpiceJet completes Rs 100 cr payment to Kal Airways
New Delhi: SpiceJet has completed the payment of Rs 100 crore to Kal Airways following the Delhi High Court’s order to complete the remaining 22.5 crore of the total due before 4 p.m. on Tuesday.
India's factory output grows 5.7 pc in July, exceeds ICRA expectation
New Delhi: India’s factory or industrial output grew 5.7% year-on-year (YoY) in July 2023 riding on the mining and electricity sectors.
India: Retail inflation eases to 6.83 pc in Aug
India's retail inflation measured by consumer price index (CPI) eased to 6.83% in August 2023 from 7.44% in the previous month, according to data released by Ministry of Statistics & Programme Implementation (MoSPI) on Tuesday.
Indian market: Sensex up 94.05 pts
The BSE Sensex remained on top for the eighth straight session on Tuesday, as it advanced 94.05 pts to close high at 67,221.13 on the strength of Technology and IT stocks.
Indian Market: Sensex falls over 100 points
Snapping a gaining streak of the last seven sessions, the BSE Sensex on Tuesday slipped 170.59 pts to 66,956.44 on profit booking.
Indian firms could soon list in London, UK Chancellor Jeremy Hunt announces in Delhi
Indian firms could soon list in London, it has been announced as part of a package of plans unveiled Monday by UK Chancellor Jeremy Hunt alongside Indian Finance Minister Nirmala Sitharaman, as they met in Delhi for face-to-face talks.
Honda Motorcycle & Scooter India launches 2023 CB300F
Honda Motorcycle & Scooter India (HMSI) on Monday launched the OBD-II A compliant 2023 CB300F.
HMD Global unveils the Nokia G42 5G, priced Rs. 12,599 on Amazon Specials
HMD Global, the home of Nokia phones, announces the launch of the much-anticipated Nokia G42 5G smartphone in India at just Rs. 12,599.
Federal Bank launches WhatsApp Registration for PMJJBY and PMSBY
Federal Bank has launched WhatsApp enrolment for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY).
NGEL, Nayara Energy collaborate to produce Green Hydrogen
NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of India’s leading integrated power producer NTPC Limited, and Nayara Energy, an international downstream Energy Company of International scale, have entered into a Memorandum of Understanding (MoU) on Monday to explore opportunities in the Green Hydrogen and Green Energy space.
Ridesharing app Uber partners with Indian Navy to offer mobility solutions
Ridesharing app Uber on Monday announced it has partnered with the Indian Navy to become its exclusive mobility partner to offer transportation solutions for official travel and commute of naval officers, staff, and families across the country.
India's domestic passenger vehicle sales up 9.4 pc in August, reveals SIAM data
Driven by a pick-up in demand, automakers recorded a 9.4% year-on-year increase in passenger vehicles (PVs) sales to 3.59 lakh units during the month of August 2023 and remain optimistic about sales in the coming festive months.
Sensex zooms 528.17 pts, breaches 67K mark
Maintaining a rally for the seventh straight session on Monday, the BSE sensex spurted 528.17 pts breaching 67,K level at 67,127.08 on firm global cues.
SAMHI Hotels Limited’s Initial Public Offering to open on Thursday, sets price band at Rs. 119 to Rs. 126 per Equity Share
SAMHI Hotels Ltd has fixed the price band at Rs 119 to Rs. 126 per Equity Share for its maiden public offer.
Sensex surges by over 300 points
Mumbai/UNI: The BSE Sensex on Monday rallied 300.07 points to 66,898.98 in the opening session as buying was seen across the board.
Discussed rich potential of AI with PM Modi: NVIDIA chief Jensen Huang
New Delhi: NVIDIA founder and CEO Jensen Huang recently met Prime Minister Narendra Modi and discussed the ‘rich potential’ of AI, media reports said.
NVIDIA announces partnership with Tata and Reliance to bolster India's AI infra
Mumbai/ Bengaluru: High-end chip manufacturer NVIDIA on Friday announced collaborations with two of the largest Indian conglomerates, Reliance Industries and Tata Group.