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.
New Delhi: The government has allocated 1500 MW of power from the Central pool to Jammu Kashmir to cover the shortages during the winter months, the Ministry of Power said in a statement.
Mumbai: The GDP growth projection for 2023-24 has been increased to 7%, from the previous estimate of 6.5%, Reserve Bank of India (RBI) Governor Shaktikanta Das said During the Monetary Policy Committee meeting announcements on Friday.
Kolkata/ Hyderabad: Scania Commercial Vehicles Pvt Ltd has entered into an exclusive partnership with PPS Motors, designating the company as the sole representative for Scania's mining tippers in India, according to a press release.
Mumbai: India's foreign exchange reserves swelled by USD 2.538 billion, reaching USD 597.935 billion for the week ending November 24, according to the Reserve Bank.
Mumbai: Tata Power’s market capitalization has crossed Rs 1 lakh crore (1 trillion), making it the second infrastructure and sixth company from Tata Group to achieve this milestone, the company said in a press release.
Bengaluru: The founders of Zerodha, Nithin, and Nikhil Kamath, took home a remuneration of Rs 72 crore each for the fiscal year ending March 2023, according to filings with the Ministry of Corporate Affairs.
Lucknow (UP): In a strategic move to increase its footprint in Tier I and II cities, Max Healthcare Institute (MHIL) announced on Friday the completion of a share purchase agreement to acquire a 100% stake in Starlit Medical Centre.
Mumbai: The Reserve Bank of India's Monetary Policy Committee (RBI MPC) kept the repo rate unchanged at 6.5 percent for the fifth time in a row on Friday, thus maintaining the status quo.
Mumbai: The BSE Sensex on Friday ended an all-time high at 69,826.07, surging 304.33 pts in the strength of Technology, Bankex and IT stocks.
Mumbai: Japanese investment holding firm SoftBank is aiming to divest a 1.1% share in the Indian food delivery service Zomato through a block deal valued at 11.28 billion rupees ($135.36 million), as per sources cited by CNBC-TV18 on Thursday.
Kolkata: Leading motorcycle manufacturer Royal Enfield on Friday said it has witnessed a 'robust growth' in the East region, accounting for 27% of overall motorcycle sales for the brand in the past year.
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) showcased the various projects and initiatives it is undertaking to improve India’s logistics efficiency to the World Bank Team.
New Delhi/IBNS/UNI: In a significant step, the Reserve Bank of India (RBI) on Friday announced the raise of the Unified Payments Interface (UPI) transaction limit for hospitals and educational institutions to Rs. 5 lakh, media reports said.
New Delhi: Regional Connectivity Scheme (RCS)-UDAN has enhanced regional air connectivity by connecting previously unserved and underserved airports in remote areas of the country.
Mumbai: Leading banks and non-banking financial institutions in India have reportedly asked their fintech partners to limit the issuance of small personal loans, as disclosed by three banking sources and one industry insider on Thursday, Reuters reported.
Mumbai: Institutional investors have oversubscribed the government's offer to sell an 8% stake in government-owned IRCON International, with bids exceeding Rs 2,400 crore on Thursday.
New Delhi/UNI: Painting a rosy picture of the economy and stating that the Indian economy remains the fastest-growing economy in the world, Finance Minister Nirmala Sitharaman on Thursday said that all sectors of the economy are performing well.
New Delhi: Soma Mondal, the first female chair of the state-run Steel Authority of India (SAIL), has taken the 70th position in Forbes' 2023 list of the World's Most Powerful Women.
The airline sector is expected to achieve a net profit of $25.7 billion in 2024, reflecting a return to more typical growth in both passenger and cargo segments, the International Air Transport Association (IATA) on Wednesday said.
New Delhi: The government on Wednesday sought Parliament's approval for an additional spending of Rs 1.29 trillion in the fiscal year 2024.
New Delhi: Finance Minister Nirmala Sitharaman has been ranked 32nd in Forbes' list of the world's most influential women, alongside notable women such as US Vice President Kamala Harris and musician Taylor Swift.
New Delhi: The next spectrum auction, scheduled for late February 2024, will maintain the same reserve prices for most bands as in the 2022 auction, Business Standard reported citing the Department of Telecommunications (DoT) officials.
Mumbai: As the Reserve Bank of India (RBI) commenced its three-day Monetary Policy Committee (MPC) on Wednesday, expectations are high that the Central bank will adhere to the current state of affairs regarding the repo rate, opting to retain it at 6.5%.
New Delhi: Shree Cement plans to participate in the bidding process for lithium mining rights, Reuters reported.
Kolkata/IBNS: Swedish luxury car company Volvo Cars India has appointed Jyotsana Singh Kaushik as Director of Marketing & PR.
Renewable energy solutions company Adani Green Energy Limited (AGEL) has become the second-largest global solar PV developer, according to Mercom Capital Group's latest Annual Global Report.
Mumbai: Adani Group Chairman Gautam Adani on Wednesday announced plans to invest USD 75 billion towards energy transition projects by 2030.
Mumbai: The 11-member board of directors from Temasek is currently on an important visit to India, seen as a global bright spot, Moneycontrol reported.
Car maker Kia India unveiled K-Charge — an initiative in the 'MyKia' app that allows users to discover over 1000 EV charging stations nationwide.
