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Mumbai/IBNS: Business tycoon Gautam Adani has welcomed the Supreme Court’s order to form a panel to probe the accusations of business malpractices by US short-seller Hindenburg Research on Adani Group companies.
Mumbai/IBNS: Axis Bank, India's fourth largest private sector bank, has acquired Citibank India's consumer business at Rs 11,603 crore.
New Delhi/IBNS: Moody's Investors, on Wednesday, Service increased its prediction for India's economic growth in 2023 from 4.8% to 5.5%.
Mumbai/UNI: The BSE Sensex dropped 324 points at 59,086.73 in opening trade as selling was seen in IT and Telecommunications stocks.
Mumbai: Tata Group’s attempt to buy a majority stake in Bisleri, one of India’s largest bottled water enterprises, hit a roadblock after the two parties failed to reach a consensus on valuation, Bloomberg reported.
Mumbai/IBNS: Akasa Air has said it will be expanding its fleet with aircraft purchases in the three digits by the end of the year, media reports said.
New Delhi/IBNS: Developed and developing countries must have different goals and timelines while being sensitive to each other's needs, potential goals and roadmap towards sustainability, Commerce & Industry Minister Piyush Goyal said on Wednesday.
Mumbai: Non-banking financial services company Bajaj Finserv Wednesday said it has obtained the licence to launch its mutual fund business, Reuters reported.
Mumbai/IBNS: SoftBank sold 2.8 crore shares worth Rs 954 crore on Wednesday in the Gurgaon-based logistics firm Delhivery through bulk deals. The sale represents 3.85% of the company's total shares, and the shares were sold at Rs 340.80 each.
Amid mass layoffs, Google’s parent company Alphabet has also fired 100 robots that helped keep its cafeterias spick and span, reported Wired.
New Delhi: Reflecting growth momentum in the economy, gross goods and services tax (GST) collection rose 12 per cent year-on-year to Rs 1,49,577 crore in February, 2023.
The State Bank of India (SBI) is the largest credit card provider in India, which offers this facility to cater to the specific needs of customers. It provides a plethora of features like reward points, cashback for grocery purchases, travel, fuel expenses, etc.
New Delhi: Petroleum and oil marketing companies increased prices of domestic LPG cylinders by Rs 50 per cylinder and commercial LPG cylinders by Rs 350.50 per unit on Wednesday.
Mumbai: The MC A10 index, which is an indicator of Adani Group stocks, ended a seven-day losing streak due to some low-level purchasing in some of the companies, despite the benchmark indices closing half a percent lower, media reports said.
New Delhi/IBNS: The second of the four scheduled B20 India events in the Northeast will take place in Aizawl between March 1 and 3, 2023, the Ministry of Commerce & Industry said on Tuesday.
Apple’s Chinese suppliers may move their capacity out of the country at a quicker rate than expected, to avoid the negative consequences of increasing tensions between Beijing and Washington, according to one of Apple's top partners, Bloomberg reported.
Mumbai/IBNS: Under the aegis of the Centre's National Monetization Pipeline, state-owned power utility major NTPC Ltd completed the transfer of 15 renewable energy assets to NTPC Green Energy Ltd.
India’s largest lender State Bank of India (SBI) Tuesday said it has completed a $1 billion Syndicated Social Loan Facility.
Mumbai: Japan’s Softbank Group is planning to offload approximately Rs 600 crore worth of shares in Delhivery through block deals on Wednesday, media reports said.
New Delhi: Former NITI Ayog CEO Parameswaran Iyer on Tuesday stressed the importance of sustainable technologies in the petrochemical industry, and suggested that if required the existing policies should be reviewed to promote investments in this sector.
New Delhi: India's real gross domestic product (GDP) for the October-December quarter (Q3) of the current fiscal year decreased to 4.4%, compared to 6.3% in the previous quarter, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) showed on Tuesday.
Kolkata/New Delhi: Carmaker Citroën India has launched the much-awaited New Citroën Ë-C3 All-Electric at a special introductory price of Rs. 11,50,000 (ex-showroom Delhi).
London/IBNS: Essar Group, invested in Energy, Metals and Mining, Infrastructure and Technology sectors, on Monday announced the formation of Essar Energy Transition (“EET”) to drive the creation of the UK’s leading energy transition hub in North West England.
Mumbai/IBNS: American Credit Rating Agency S&P Global has affirmed its rating on trouble-laden Adani Group with a stable outlook, media reports said.
New Delhi/UNI: Bharti Airtel (Airtel), India’s leading telecommunications services provider, on Monday announced that it has crossed the 10 million unique 5G user mark on its network.
Washington/UNI: Twitter has laid off at least another 200 employees on Saturday evening, The New York Times reported citing sources familiar with the matter.
Washington: Twitter has fired another 50 employees in the eighth round of job cuts since Elon Musk bought the microblogging firm for $44 billion in October, The Information reported, citing sources.
Pune/UNI: The Indian economy will be closer to the 35-40 trillion-dollar mark by 2047 given the current pace of development, Union minister Piyush Goyal said on Saturday.
Mumbai/IBNS: Cab aggregator Ola has put a hold on its IPO owing to the turbulent market situation, Ola Cabs Co-Founder and CEO said on Saturday, adding that the company is planning to announce it the next year.
