Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) signed a Memorandum of Understanding (MoU) for strategic cooperation with Exide Energy Solutions Ltd (Exide Energy), a leading Indian battery company, as part of their electric vehicle (EV) e ... read..
In a major feat, leading developer Godrej Properties has sold over 1,050 homes worth over Rs 3,000 crores in a project, Godrej Zenith, located in Sector 89 in Gurugram. ... read..
Auto sales in India experienced a modest 3 per cent growth on a yearly basis in March, sales figures released by Federation of Automobile Dealers Associations (FADA) showed on Monday. ... read..
Indian stock indices started Monday's trade in the green and hit their fresh highs, extending positive momentum from gains it recorded in the first week of the new financial year that started on April 1. ... read..
Ahmedabad (Gujarat) | April 7, 2024 8:28:50 PM IST
Adani Green Energy Limited is developing 30 GW renewable energy plant on barren land at Khavda in Kutch of Gujarat over area of 538 sq km after which the project would be the planet's largest power plant. ... read..
Anita Praveen, secretary of the Ministry of Food Processing, emphasised the pivotal role of research and development (R&D) in propelling the Indian food processing sector to greater heights. ... read..
Atul Chaturvedi, the Chairman of Renuka Sugar revealed that the anticipated sugar production for the country is likely to surpass 32.0 million tons, a figure higher than earlier projections. Sugar prices to hold firm amidst surge in production during off- ... read..
Ahmedabad (Gujarat) | April 7, 2024 5:27:47 PM IST
Adani Green Energy Limited is developing 30 GW renewable energy plant on barren land at Khavda in Kutch of Gujarat over area of 538 sq km after which it would become the planet's largest power plant regardless of the energy source. ... read..
India's healthcare landscape has undergone a transformation, propelled by substantial investments in infrastructure development. The Union Health Ministry's allocation of Rs 90,658.63 crore in the interim Budget for 2024-2025 reflects a 12.59 per cent inc ... read..
In a significant development for India's electric vehicle (EV) industry, Tesla has intensified its efforts to bolster its presence in the Indian market and is actively scouting for a suitable location to set up a state-of-the-art manufacturing plant. ... read..
The India Meteorological Department (IMD) has started using artificial intelligence (AI) and machine learning in weather forecasts and it will expand it further into other areas to improve forecasts in coming years, IMD's director general Dr Mrutyunjay Mo ... read..
India must go 100 per cent electric in 2 wheeler and 3 wheeler by 2030 and become a global EV manufacturing champion, the G20 Sherpa and former CEO NITI Aayog, Amitabh Kant, said on Saturday. ... read..
With markets at all-time high, the foreign institutional investors (FIIs) and foreign portfolio investments (FPIs) are pouring money in the Indian market. On the back of robust economic growth and great momentum in earnings growth FIIs, FPIs and DIIs inve ... read..
India's healthcare landscape has undergone a transformation, propelled by substantial investments in infrastructure development. The Union Health Ministry's allocation of Rs 90,658.63 crore in the interim Budget for 2024-2025 reflects a 12.59 per cent inc ... read..
Anita Praveen, secretary of the Ministry of Food Processing, emphasised the pivotal role of research and development (R&D) in propelling the Indian food processing sector to greater heights. ... read..
Mumbai (Maharashtra) | April 7, 2024 10:27:15 AM IST
India Ratings and Research (Ind-Ra) has put out a report maintaining a neutral outlook on the finances of Indian states for the fiscal year 2024-2025 (FY25), showing States' aggregate revenue deficit is projected to be 0.4 per cent of gross domestic produ ... read..
Bengaluru (Karnataka) | April 6, 2024 10:28:46 PM IST
Union Finance Minister Nirmala Sitharaman on Saturday took potshots at the Congress, saying that its 'guarantee' promises in Karnataka had put burden on developmental activities besides hurting the state budget. Also, the Lok Sabha manifesto of the Congre ... read..
The Chief Executive Officer of Vistara, Vinod Kannan, said on Saturday that the airline hopes to stabilise operations for the rest of April 2024 by this weekend, as 98 per cent of pilots have signed the new pay contract. ... read..
As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this week, SBI Research now expects the rate cut cycle to begin from October 2024. The repo rate is the rate of interest at which RBI lends to other banks. ... read..
The Chief Executive Officer of Vistara, Vinod Kannan, on Saturday that the airline hopes to stabilise operations for the rest of April 2024 by this weekend, as 98 per cent of pilots have signed the new pay contract. ... read..
The Directorate of Enforcement (ED), Mumbai Zonal Office, has issued a provisional attachment order under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 attaching immovable assets worth Rs 8.98 crore owned by various family members ... read..
The Directorate of Enforcement (ED), Jammu Sub Zonal Office has attached movable properties in the form of bank balances relating to one accused Yatin Yadav, M/s New Global Fumigation Corporation, Proprietor Yatin Yadav and his associate Lokesh Kumar, to ... read..
The Cochin Shipyard Limited (CSL), a government enterprise, has signed the Master Shipyard Repair Agreement (MSRA) with the United States Navy. ... read..
The latest employment report from the U.S. Labor Department has once again defied expectations, with employers adding 303,000 jobs in March on a seasonally adjusted basis. ... read..
The price of Brent crude surged to a six-month high on Friday, surpassing the USD 91 per barrel mark, propelled by escalating tensions in the Middle East. ... read..
Mumbai (Maharashtra) | April 6, 2024 2:28:04 PM IST
A financial influencer (finfluencer) who was also involved in imparting training related to stock market trading has been asked to part with a little over Rs 12 crore, which it made unlawfully. ... read..
In a move to smoothen the processes for 100 5G Labs across academic institutions in India, Secretary (Telecom), Neeraj Mittal, virtually launched one of the "Experimental Licence module for 100 5G Labs" during a 5G workshop at IIT Madras. ... read..
With an aggregate capacity of 15 GW currently under construction, the nation is poised to witness a substantial increase in its hydroelectric power potential, targeting a rise from the present 42 GW to an impressive 67 GW by 2031-32, marking an increase o ... read..
Tesla CEO Elon Musk has announced that Tesla will unveil a 'robotaxi' on August 8. He made the announcement in a post on social media platform X. ... read..
Jaya Varma Sinha, Chairperson Railway Board and Chief Executive Officer (CEO), led an inspection of the ongoing Sivok - Rangpo Rail Project (SRRP) on Saturday. ... read..
The Reserve Bank of India (RBI) stood out with its continued accumulation of gold reserves. Weekly data from the RBI revealed a 6-tonne increase in gold holdings in February alone. ... read..
Gandhinagar (Gujarat) | April 5, 2024 10:59:14 PM IST
Australia's High Commissioner to India, Philip Green, had a meeting with Adani Group Chairman Gautam Adani on Friday, and they discussed the Indian conglomerate's existing investments in Australia. ... read..
India's foreign exchange reserves rose for the sixth straight week to hit a fresh all-time high of USD 645.583 billion in the week ending on March 29, as per the latest data released by the Reserve Bank of India (RBI). ... read..
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on IDFC First Bank Limited (the bank) for non-compliance with certain directions issued by the central bank on 'Loans and Advances - Statutory and Other Restrictions'. ... read..
India has extended the timeline for duty-free imports of yellow peas by two more months untill June 2024, an official notification from the Directorate General of Foreign Trade said on Friday. ... read..
In his weekly message to the employees on Friday, Air India chief Campbell Wilson said the airline is busy compiling numbers that will determine the annual appraisal of his colleagues, to be retrospectively effective from April 1. ... read..
The country's largest public sector bank State Bank of India said the monetary policy statement of the RBI reflected India's high growth and low inflation. ... read..
Mumbai (Maharashtra) | April 5, 2024 5:59:08 PM IST
Indian benchmark indices Nifty and Sensex remained flat following the Reserve Bank of India's decision to maintain the repo rate at 6.5 pc for the seventh consecutive policy meeting. ... read..
