Harvesting Pain: Sikh slaves fuelling Italy’s farmlands
In the heartland of Italy, under the shadow of the Tyrrhenian Sea, is the Agro-Pontino, a 100-mile stretch of fertile plains.
Finance
US Consulate, Contact Base host two-day symposium in Kolkata for women entrepreneurs and leaders
Kolkata: The U.S. Consulate General Kolkata, in partnership with social enterprise Contact Base, recently hosted a two-day symposium that focused on building regional coalitions and networks to strengthen women’s leadership in the global economy.
Over 90% of financial institutions acknowledge impact of sustainable investments, says FIS's Global Innovations report
Financial services firms worldwide recognize ESG as a powerful tool to enhance competitiveness, attract increased investment, and foster sustainable development, according to Global Innovations Report (GIR) by FIS Global.
Future Generali India launches D.I.Y HEALTH product
Kolkata: Private general insurance player Future Generali India Insurance Company Ltd Thursday announced the launch of its new health insurance product – D.I.Y HEALTH – to offer flexibility and freedom to choose the coverage as per the customer's needs.
Volvo Car India's dealership in West Bengal completes 5 years
Kolkata: SPL Volvo, one of the dealerships of Volvo Car India in West Bengal, completed its fifth anniversary.
Govt imposes stock limits on pulses to contain spiralling prices
New Delhi: In a bid to crack down on hoarders and keep prices of pulses in check, the government on Friday imposed stock limits on tur and urad dals applicable to wholesalers, retailers, big chain retailers, millers and importers.
Tata Group inks deal to set up Rs 130 billion lithium-ion cell factory in Gujarat's Sanand
Sanand (Gujarat): Tata Group on Friday entered into a preliminary agreement for the construction of a lithium-ion cell factory at an estimated investment of around Rs 130 billion, reported Reuters.
Canada's Suncor Energy to slash 1,500 positions amid cost-cutting plan
Calgary/IBNS: Rich Kruger, new chief executive of Suncor Energy, has announced his immediate plan of the company's elimination of 1,500 positions to cut costs by $400 million by the end of this year.
IRDAI orders SBI Life Insurance to take over Sahara India Life Insurance business
New Delhi: Insurance Regulatory and Development Authority of India (IRDAI) has named SBI Life Insurance Company Limited (SBI Life) as the acquirer insurer of the life insurance business of Sahara India Life Insurance Co. Ltd (SILIC), media reports said.
RBI issues draft directions on cyber resilience, digital payment security controls for Payment System Operators
Mumbai: The Reserve Bank of India (RBI) on Friday released draft Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators (PSOs).
Govt expected to get Rs 4,000 cr after investors over-subscribe Coal India share sale
New Delhi: The government is expected to receive Rs 4,000 crore from Coal India’s share sale, as both retail and institutional investors showed strong demand, resulting in oversubscription, media reports said.
RBL Bank introduces ACE Fixed Deposit, offering up to 8.50% interest rate
Mumbai: Private sector lender RBL Bank on Friday announced the launch of its new Fixed Deposit – ACE.
ICE MAKE Consolidated net profit jumps 184 pct to Rs 20.80 cr in FY2023
Kolkata: Ice Make Refrigeration Limited, a leading supplier of innovative cooling solutions and manufacturer of 50 plus refrigeration equipments in India, has closed the fiscal year 2023 with robust financial performance.
Tata Motors launches upgraded Nexon EV MAX XZ+ LUX
Mumbai: Automobile major Tata Motors on Friday launched the upgraded Nexon EV MAX XZ+ LUX at a starting price of INR 18.79 Lakh (ex-showroom, All India for the 3.3 kW AC charger).
Toyota Kirloskar Motor partners Bajaj Finance Limited to enhance retail financing options
Bangalore: Aimed at further elevating customer experience, Toyota Kirloskar Motor (TKM) on Friday announced the signing of a Memorandum of Understanding (MOU) with Bajaj Finance Limited (BFL), Ltd., part of financial service Bajaj Finserv Ltd. to provide enhanced retail finance options that are specially designed to make the process of purchasing a Toyota vehicle more convenient and accessible to customers.
Twitter and Tesla chief Elon Musk reclaims world's richest person title
Twitter and Tesla chief Elon Musk has once again reclaimed his position as the world's richest person.
NTPC Green Energy signs MoU with UP Rajya Vidyut Utpadan Nigam to bolster state's renewable energy capacity
Lucknow: NTPC’s green energy arm and the Uttar Pradesh government signed an MoU to collaborate in the development of renewable energy parks and projects and to facilitate the Government of India’s efforts towards energy transition.
Coal production goes up to 76.26 MT in May 2023; coal stock grows 35.48% to 112.41 MT
New Delhi: India’s overall coal production in May grew by 7.10% year-on-year, reaching 76.26 Million Tons (MT).
May GST collection grows 12% YoY to Rs 1,57,090 cr
New Delhi: The gross Goods & Services Tax (GST) revenue collected in the month of May stood at Rs 1,57,090 crore, the finance ministry said on Thursday.
Morgan Stanley hails India for its growth in last 10 yrs
Highlighting the reforms that took place in India since 2014, US-based financial services company Morgan Stanley in its latest report said “this India is different from what it was in 2013”.
HDFC RuPay Credit Cards can now be Linked to UPI
UPI payments are a widely popular and reliable payment option due to hassle-free, quick, and convenient transactions. Until now, these payments were linked to your savings or current account, thus you could spend conveniently as much as the availability of funds in your bank account. Now, however, you can link your credit card with UPI and make convenient payments via credit cards. HDFC Bank is one of the first leading credit card issuers to allow the linking of RuPay credit cards to UPI apps of your choice, like GooglePay, PhonePe, Paytm, and BHIM UPI. Using this feature, you can avail of credit card rewards, discounts, and offers on your regular UPI payments.
RHI Magnesita India reports 37% rise in revenue for FY 2023
Gurugram: RHI Magnesita India, a manufacturer and supplier of high-grade refractory products, systems and solutions, has reported an income of Rs 2,741 crores in FY23, as compared to Rs 2,005 crores for FY 22.
Ashwani Kumar elevated as MD of UCO Bank
New Delhi: The government on Wednesday elevated Ashwani Kumar as Managing Director of UCO Bank.
Air India SATS and YIAPL sign concession agreement to build multi-modal cargo hub at Noida airport
Noida (UP): Air India SATS Airport Services and Yamuna International Airport Private Limited (YIAPL) signed a concession agreement on Tuesday to build a multi-modal cargo hub (MMCH) at the upcoming Noida International Airport.
Power Minister R. K. Singh reviews progress and safety aspects of 2000 MW Subansiri Lower Hydroelectric project
New Delhi: Power minister R. K. Singh on Wednesday discussed the status of the Subansiri Lower Hydroelectric Project, a 2000 Mega Watts undertaking to span across Arunachal Pradesh and Assam, being managed by NHPC Ltd.
Govt appoints Ajay Yadav as MD of Solar Energy Corporation of India
The Centre appointed Ajay Yadav, a 2005 batch IAS officer of the Bihar cadre, as the Managing Director of the Solar Energy Corporation of India Ltd (SECI).
MeitY launches pilot project on electronic repair service outsourcing; projects $20 billion revenue potential in next 5 yrs
New Delhi: The government on Wednesday launched the Electronics Repair Services Outsourcing (ERSO) Pilot initiative on Wednesday with the objective to make India the most attractive repair destination for ICT products globally.
Centre to offload 3% stake in Coal India via OFS route
Mumbai: The Centre has decided to offload a 3 percent stake in state-owned miner Coal India Ltd (CIL) through an offer for sale, starting June 1, media reports said.
SEBI revokes Karvy Stock Broking's registration for misusing clients' funds
Mumbai: The Securities and Exchange Board of India (SEBI) on Wednesday said it has cancelled the registration of brokerage firm Karvy Stock Broking Ltd (KSBL) due to its improper use of clients' funds and securities, media reports said.
Centre invites new applications after reopening semiconductor incentive scheme
New Delhi: The Union government on Wednesday declared its plan to invite applications for the implementation of semiconductor and display fabrication units in India starting tomorrow.