Volvo Car India to hike prices from January
Kolkata: Volvo Car India will increase its ex-showroom prices by up to 2 per cent from January 1, 2024.
Finance
Cabinet approves declaration of Surat Airport as an International Airport
New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi on Friday approved the proposal to declare Surat Airport as an international airport.
Air India gets DGCA approval for A350 engineering maintenance
Gurugram: Air India has received the DGCA approval for engineering line maintenance of A350 and A320 aircraft, the Tata Group-owned airline said on Friday.
Cargo handling in major ports of India reached 1617 MTPA on March 2023
New Delhi: The cargo handling capacity of the major ports of the country has gone up to 1617.39 Million Tonnes Per Annum (MTPA) as of March 2023, the Minister of Ports said on Friday.
Infinix Smart 8HD smartphones segment begins from Rs. 6299
Kolkata: Smartphone maker Infinix recently introduced the highly anticipated Infinix Smart 8HD, the latest addition to the Smart series.
'Sudden' prohibition on using sugarcane juice for ethanol puts Rs 15,000 crore investment at risk, says ISMA
New Delhi: The sudden ban on the use of cane juice for the production of ethanol has put at risk the Rs 15,000 crore investment made by the sugar industry in the last three years, the Indian Sugar Mill Association (ISMA) said, a media report said.
Mazagon Dock seals $42 Million deal with European partner for trio of vessels
Mumbai: Mazagon Dock Shipbuilders Ltd revealed on December 15 that it has secured a $42 million deal with a European client for the construction of three multi-purpose hybrid-powered vessels.
India's November merchandise deficit narrows by 2.84% YoY to $20.58 billion
New Delhi: After reaching a record high in October, India's merchandise trade deficit contracted to $20.58 billion in November 2023, primarily due to a substantial decline in gold imports, as reported by the commerce ministry on December 15.
RBI imposes monetary penalty on five co-operative banks for non-compliance of rules
Mumbai/UNI: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 14 lakh on five co-operative banks for non-compliance with rules on Friday.
Indian Market: Sensex still on top, opens at 70,804.13 pts
The BSE Sensex remained on top on Friday too, as it opened at 70,804.13, advancing 290 pts on the strength of Metal, Oil and Gas and Energy stocks.
U.S. Consulate General Kolkata and KIIT-Technology Business Incubator hosting three-day workshop for entrepreneurs from four nations
Kolkata: Seventeen start-ups from India, Nepal, Bhutan and Bangladesh are participating in a three-day workshop organised by the U.S. Consulate General Kolkata and KIIT-Technology Business Incubator (KIIT-TBI) here on Wednesday.
Walmart, Hero Cycles pedal towards resilient supply chains with “Make in India” triumph
The holiday season is upon us, and with it comes a surge in demand for bicycles.
Adani Group plans to invest Rs 8,700 cr in Bihar; will add 10,000 jobs
Patna: The Adani Group plans to invest Rs 8,700 crore in Bihar across various sectors, generating employment opportunities for approximately 10,000 people, said Adani Enterprises Director Pranav Adani.
Rupee up 8 paise against USD
Mumbai/UNI: The rupee on Thursday rallied eight paise at 83.32 in the opening session against US Dollar on the sale of US dollars by bankers and exporters, dealers at the Foreign Exchange said.
Sensex zooms over 700 points
Mumbai/UNI: The BSE Sensex on Thursday posted huge gains of 787.90 points to 70,372.50 in the opening session, as buying was seen across the board.
RBI authorises Bandhan Bank to disburse pension on behalf of Indian Railways
Kolkata: Bandhan Bank, a pan-India universal bank, on Wednesday announced that it has been authorised by the Reserve Bank of India (RBI) for the disbursement of pensions through e-PPOs on behalf of the Ministry of Railways.
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.
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.