Mumbai: Adani Group-owned Ambuja Cements Ltd (ACL) has acquired Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore, the company said in a press release on Thursday.
New Delhi/UNI: India's services sector expanded at a record pace in July 2023 on the back of strong demand and new business gains.
Mumbai/UNI: The BSE Sensex remained negative on Thursday too, as it dropped 232 points to open at 65,550.83 as selling pressure was witnessed in Commodities, metals, and real estate stocks.
Pleasanton (California): A5, a Salesforce ventures portfolio company and a multi-cloud digital transformation solutions provider, announced a strategic expansion into the European zone.
New Delhi: Indigenously developed anti-collision system 'Kavach' has so far been deployed on 1465 Route km and 121 locomotives (including Electric Multiple Unit rakes) on South Central Railway.
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday announced the decision to implement 28% GST on the full face value of bets placed on online games, horse racing, and casinos.
The home buying market in India is facing a new revolution and a dilemma, and a whole lot of formalities have been induced in the system due to this revolution. The central government of India provides different regulations to protect the rights and responsibilities of property owners as well as tenants who live on those properties. There's a provision put in place for every property, be it commercial or residential.
Mumbai: Hindustan Petroleum Corporation Limited (HPCL) reported a consolidated net profit of Rs 6,765.5 crore in the first quarter of the financial year 2023-24.
New Delhi: Titan Company Ltd. reported a consolidated net profit of Rs 756 crore for the June quarter of FY24, down 4.3 percent compared to Rs 790 crore in the same quarter of the previous financial year.
Gurugram: InterGlobe Aviation, the parent company of IndiGo, reported a notable turnaround in its financial performance for the quarter ending June 2023.
Mumbai: The Indian Rupee on Wednesday plummeted 32 paise to close negative at 82.59 against the USD on rising demand for US Dollar by bankers and importers along with sliding equity market, dealers at the Foreign Exchange said.
Mumbai: The BSE Sensex slumped on Wednesday by 676.53 points to settle at 65,782.78 after rating agency Fitch downgraded the US credit rating to AA+ from AAA.
New Delhi: Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, has started the production of its new mid-size SUV, Honda Elevate.
In a very short time, credit cards have become an intrinsic aspect of every household in India, offering liquidity in their times of need. However, successfully applying for a credit card in the Indian market requires a strategic approach. There are several parameters that credit card companies place as their eligibility criteria. Moreover, not every credit card company may be the best pick for your financial needs.
New Delhi: Indian Railways crossed the mark of 500 MT freight loading on a cumulative basis in the first 4 months of this financial year (FY24), the Ministry of Railways said on Tuesday.
Mumbai: Multiplex chain PVR Inox reported a net loss of Rs 44.1 crore in the first quarter of FY24, a significant decline from the net profit of Rs 68.3 crore in the same quarter of the previous year, media reported.
Mumbai: The BSE Sensex on Wednesday tanked 418 pts to open at 66,064.41 as selling was witnessed across the board.
Mumbai: Adani Total Gas reported a nearly 9% increase in first-quarter profit on August 1, primarily attributed to higher sales of compressed natural gas (CNG), Reuters reported.
New Delhi: A new project has been approved under Green Energy Corridor Phase-II with the aim to set up 624 km of transmission lines and 2200 MVA capacity substations by the fiscal year 2025-26.
New Delhi: The National Green Hydrogen Mission is expected to lead to the development of 5 MMT Green Hydrogen production capacity per annum by 2030.
Mumbai: Reliance Industries and Brookfield Asset Management have signed a Memorandum of Understanding (MoU) to explore opportunities to manufacture renewable energy and decarbonization equipment in Australia.
New Delhi: The growth of deposits and advances of PSBs has improved from 8.2% and 9.8% in FY2021-22 to 9.3% and 15.8% in FY2022-23.
New Delhi: The gross GST revenue collected in July stood at Rs 1,65,105 crore, up 11% higher than the GST revenues in the same month last year, the Ministry of Finance said on Tuesday.
New Delhi: Two coal mines were put up for auction on Tuesday, the first day of the commercial auction, after the evaluation of bids for commercial mining, the Coal Ministry said in a statement.
New Delhi: India’s overall July coal production registered a 14.11% surge, reaching 68.75 Million Tonne (MT), compared to 60.25 MT in the corresponding period in last year, according to the Ministry of Coal.
New Delhi: Maruti Suzuki India witnessed a 3% rise in total sales, reaching 181,630 units in July, primarily driven by the growing demand for its utility vehicle range.
Bengaluru: India’s newest carrier, Akasa Air, announced on Tuesday the addition of the 20th jet to its fleet, ushering it into the league of international airlines in India.
Kolkata: Shriram General Insurance Company (SGIC) on Tuesday said it wrote 13,03,340 policies driven by higher digital selling of traditional and new combo products.
Automobile major Tata Motors Limited on Tuesday said sales in the domestic and international market for July 2023 stood at 80,633 vehicles, compared to 81,790 units during July 2022.
Bengaluru: Bosch Limited, a supplier of technology and services,on Tuesday posted its total revenue from operations of INR 4,158 crores (466 million euros) in Quarter 1 of FY 2023–24, an increase of 17.3 percent over the same quarter last year.
