JLR officially opens wait list for Range Rover Electric as prototype testing phase begins
Mumbai: Jaguar Land Rover on Wednesday opened the wait list for its highly anticipated Range Rover Electric, ahead of formal orders opening to clients.
Finance
US November wholesale inflation remains steady, indicating gradual decrease in prices
Washington: The November wholesale inflation in the United States remained steady, indicating a gradual easing of price increases in the economic pipeline, AP reported.
Jaguar Land Rover (JLR) bolsters collaboration with Tata Communications to advance digital transformation
London: Jaguar Land Rover (JLR) announced on Tuesday an enhanced collaboration with Tata Communications to ensure a future-ready digital transformation across the global sites of the British automaker, a report in the media said.
Reliance Industries partners with DBS Bank to finance compressed biogas plant projects
Mumbai: Reliance Industries and DBS Bank India have come together to launch a financing program to facilitate compressed biogas (CBG) plant projects.
Coca-Cola to set up bottling plant in Gujarat's Rajkot at investment of Rs 3,000 cr
Mumbai: Hindustan Coca-Cola Beverages (HCCB), the Indian bottling unit of Coca-Cola, has committed to investing Rs 3,000 crore in Gujarat.
Indian Market: Sensex improves 33 pts
The BSE Sensex on Wednesday ended positive at 69,584.60, rising 33.57 pts on the strength of Utilities, Realty, Capital Goods and Industrials stocks.
Sensex drops by over 200 points
Mumbai/UNI: The BSE Sensex on Wednesday lost another 286 points at 69,264.53 in the opening session as selling was seen in IT, Bankex, consumer durables, and metal stocks.
Kazakhstan: President Tokayev empowers Investment Council further to boost economic growth
Astana: Kazakh President Kassym-Jomart Tokayev has signed a landmark decree earlier this month regarding measures to increase the efficiency of attracting investment into Kazakhstan’s economy and accelerating economic growth, reported The Astana Times quoting the Press Office of the President
India H2 Alliance adds new industry members
New Delhi: The India H2 Alliance announced on Tuesday that it has broadened its membership by welcoming seven new industry participants, a statement said.
Capri Global Capital receives corporate agency license from IRDAI
Mumbai: Capri Global Capital Limited (CGCL) has received a composite Corporate Agency license from the Insurance Regulatory and Development Authority of India (IRDAI) to distribute life, general, and health insurance products, a press release said.
Civil Aviation Minister asks aerospace manufacturers to increase supply chain manufacturing footprint in India
New Delhi: To strengthen India's aerospace manufacturing and maintenance, repair, and overhaul (MRO) sector, Civil Aviation Minister Jyotiraditya Scindia on Tuesday urged leaders of aerospace manufacturing companies to work together and share their needs from various government departments, an official release said.
Corning to establish Gorilla Glass factory in Tamil Nadu at investment of Rs 1,000 cr
Chennai: American manufacturer of Gorilla Glass, Corning Inc, which is also a key supplier for Apple, is planning to set up a manufacturing facility in Tamil Nadu with an investment of Rs 1,000 crore, The Economic Times (ET) reported on Tuesday.
Lok Sabha approves additional expenditure of Rs 58,378 cr for current fiscal
New Delhi: The Lok Sabha on Tuesday approved a net supplementary expenditure of Rs 58,378 crore for the current fiscal year, ending in March 2024.
SpiceJet to raise Rs 2,250 cr via equity to push growth and improve financial position
Mumbai: SpiceJet's board on Tuesday approved the raising of fresh capital exceeding Rs 2,250 crore, ET reported.
Yes Bank looks for buyers to sell its portfolio of distressed corporate and retail loans
Mumbai: Yes Bank is planning to sell another portfolio worth a little over Rs 4,200 crore, ET reported.
Adani Group contractor probed earlier by Indian govt emerges company: Report
New Delhi: The Adani Group has been maintaining its relationship with a contentious contracting firm controlled by a Taiwanese family, Bloomberg reported.
India's retail inflation spikes to 5.55 pc in November: Govt data
Driven primarily by food prices, India's consumer price index (CPI)-based inflation inched up to 5.55% in November 2023 from 4.87% in the previous month.
Indian Market: Sensex down 377.50 points
The BSE Sensex on Tuesday tumbled down 377.50 pts to settle at 69,551.03 as selling was seen in Realty, Oil and Gas, Energy, and Utilities stocks amid a positive Asian Market.
Motisons Jewellers Limited’s IPO to open on Monday, sets price band at Rs. 52 to Rs. 55 per Equity Share
Mumbai: Jaipur-based hyperlocal jewellery retail chain Motisons Jewellers focuses on offering designs, high quality, transparency and customer service to its customers, has fixed the price band at ₹52 to ₹55 per Equity Share for its maiden initial public offer.
Sensex opens historic high at 70,020.68 points
Mumbai/UNI: The BSE Sensex on Tuesday opened a historic high, breaching the 70K level at 70,020.68 as buying was witnessed in utilities, Asian paints, and Bankex stocks.
Bandhan Mutual Fund launches Bandhan Nifty Smallcap 250 Index Fund NFO opens tomorrow
Bandhan Mutual Fund announced the launch of the Bandhan Nifty Smallcap 250 Index Fund, an open-ended fund that tracks the Nifty Smallcap 250 Index comprised of stocks ranked 251-500 by market capitalization.
Indian Market: Sensex clocks new peak at 69,928.53
The BSE Sensex on Monday ended at new peak at 69,928.53, rising 102.93 as buying was seen in Commodities, Metal, and Capital Goods stocks.
Oman-based businessman Bhagwant Singh pledges Rs 500 crore investment in Punjab
In a remarkable journey that spans from struggling with a meager budget of Rs 500 to transforming into a visionary investor pouring Rs 500 crore into Punjab, Bhagwant Singh, an Oman-based businessman with roots in Khanna, has become a symbol of entrepreneurial triumph and philanthropy.
Gadkari allocates Rs 1,241 cr for enhancement & expansion of Phulbari-Tura road in Meghalaya
Shillong: Union Minister of Road Transport and Highways Nitin Gadkari on Saturday announced an allocation of Rs. 1,241 crore for the enhancement and expansion of the Phulbari-Tura segment on National Highway 127B in Meghalaya.
After minister Lekhi refuses to sign response to Parliament question on Hamas, MEA responds
New Delhi: The Ministry of External Affairs (MEA) on Saturday said that a technical correction is being made to change the name of the minister, who responded to the question on Hamas in Lok Sabha.
REC signs 200 million Euro loan agreement with German bank KfW
New Delhi: State-owned NBFC REC Limited signed a 200 million Euro loan agreement with the German bank KfW on Saturday to enhance the distribution infrastructure of DISCOMs in line with the Revamped Distribution Sector Scheme (RDSS) of the government.
PNB urges its customers to update KYC details by mid-December
New Delhi: Public sector lender Punjab National Bank (PNB) has asked its customers to update their Know Your Customer (KYC) information before December 18 to ensure the smooth functioning of their accounts, an official release said.
Aditya Birla Health Insurance unveils 'Activ One' which promises to cover 100 pct returns to policyholders
Aditya Birla Health Insurance Co. Limited ('ABHICL'), the health insurance arm of Aditya Birla Capital, on Thursday, announced the launch of ‘Activ One’ which the company promises to provide simplified and comprehensive healthcare solution, including 100 percent returns, to policyholders.
India-Korea Electronic Origin Data Exchange System (EODES) for faster clearance of imported goods launched
New Delhi: India and South Korea launched the India-Korea Electronic Origin Data Exchange System (EODES) aimed at facilitating the smooth implementation of the India-Korea Comprehensive Economic Partnership Agreement (CEPA), the Ministry of Finance said in a statement.
SoftBank offloads 1.1% stake in Zomato for Rs 1,125 cr
Mumbai: VF Growth (Singapore) Pte Ltd, the venture capital fund affiliated with Japan's Softbank, has completed its exit from food delivery company Zomato, through open market transactions conducted on Friday, media reports said.