Sep 26, 2023, at 08:23 pm
Delhi-based Plaza Wires Limited is engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fast-moving electrical goods (“FMEG”), has fixed the price band at ₹51 to ₹54 per Equity Share for its maiden initial public offer.
Air India enters codeshare agreement with AIX Connect
Sep 26, 2023, at 03:00 am
Gurugram/IBNS: Air India, India’s leading global carrier, has entered into a codeshare agreement with AIX Connect (formerly known as Air Asia India).
NGEL ties up with Syama Prasad Mookerjee Port for Green Hydrogen Hub
Sep 26, 2023, at 12:20 am
An MoU was signed on Monday between NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of integrated power producer NTPC Limited, and Syama Prasad Mookerjee Port, an autonomous body under the Ministry of Ports, Shipping & Waterways, for development of Green Hydrogen Hub at Kolkata.
Shyam Metalics & Energy Limited to make aluminum foil for Lithium-ion cell manufacturing
Sep 25, 2023, at 08:19 pm
Shyam Metalics and Energy Limited, a leading integrated metal producer headquartered in Kolkata, officially announces its entry into energy storage sector with battery-grade Aluminum foil, a critical component in Lithium-ion cells.
India’s rice sowing area crosses 411 lakh hectares
Sep 23, 2023, at 06:22 am
New Delhi: India’s rice sowing area touched 411.52 lakh hectares as of September 22 while it was 400.72 lakh hectares on the same date last year, the Ministry of Agriculture said on Friday.
Reliance Retail gets full subscription amount of Rs 2,069 cr from KKR
Sep 23, 2023, at 06:03 am
Mumbai: Reliance Industries subsidiary, Reliance Retail Ventures Limited (RRVL), has successfully received the subscription amount of Rs 2,069.50 crore from the global investment firm KKR, RIL said in an exchange filing on Friday, adding that RRVL has also issued 1.71 crore equity shares to KKR, in accordance with the agreement.
Ambuja Cements incorporates three wholly-owned subsidiaries to bolster aircraft, cement business
Sep 23, 2023, at 05:35 am
Mumbai: Adani Group company Ambuja Cements Ltd informed the stock exchanges on Friday that it has acquired three wholly-owned subsidiary companies namely, Lotis IFSC Private Ltd, Ambuja Concrete North Private Ltd and Ambuja Concrete West Private Limited in order to carry business in aircraft and cement sectors, media reports said.
Govt to extend free import policy for laptops, tablets, and computers
Sep 23, 2023, at 05:01 am
New Delhi: The Indian government is considering an extension of the free import policy for laptops, tablets, and computers until September 30, 2024, Moneycontrol reported.
Sep 23, 2023, at 04:58 am
New Delhi/IBNS: The 23rd National Management Summit, which saw the presence of leaders and luminary intellects from the corporate sphere to deliberate upon the paradigms of tomorrow, was held in Delhi to offer participants a prospectus for knowledge acquisition, pivotal networking, and the guideline to forge dialogues for global leadership.
LIC gets notice to pay Rs 290 cr GST with interest and fine
Sep 23, 2023, at 03:26 am
New Delhi: The Life Insurance Corporation of India (LIC) has received an order under the BGST and CGST Act 2017 from the Additional Commissioner State Tax of Bihar, demanding Rs 290 crore in goods and service tax, along with interest and penalty, ET reported.
Tripura traders get sanction to import 150 MT Hilsa this season from Bangladesh
Sep 23, 2023, at 03:02 am
Agartala/IBNS/UNI: The importers of Tripura have been sanctioned to trade at least 150 MT of Hilsa fish this year for the state ahead of the Sharad festival next month, sources in the state's Import-Export Association (IEA) said here on Friday.
JP Morgan's listing of Indian bonds to trigger huge influx of investments to India
Sep 23, 2023, at 02:47 am
New Delhi: Indian domestic bonds are set to be incorporated into the Government Bond Index-Emerging Markets (GBI-EM) index, as well as various other indices, including specific bonds within an investment-grade-only index.
West Bengal CM Mamata Banerjee meets UAE Minister of State for Foreign Trade
Sep 23, 2023, at 02:42 am
Kolkata: West Bengal Chief Minister Mamata Banerjee on Friday met Dr Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade.
SBI raises Rs 10,000 cr via infra bonds
Sep 23, 2023, at 02:36 am
Mumbai: India’s largest lender State Bank of India (SBI) announced the successful issuance of its fourth set of infrastructure bonds, raising Rs 10,000 crore at a coupon rate of 7.49 percent.
ITC Hotels signs management agreement for Welcomhotel Kalimpong
Sep 22, 2023, at 08:12 am
New Delhi: ITC Hotels on Thursday said it has signed a management agreement for Welcomhotel Kalimpong resort with Pravez Constructions Pvt Ltd.
Bank of Baroda enables UPI LITE - Small Value on Device Wallet
Sep 21, 2023, at 08:50 am
Mumbai: Bank of Baroda Wednesday announced that it has enabled UPI LITE - Small Value on Device Wallet to enable users to make instant, small value digital payments with only one tap without the use of a UPI PIN.
Manipal Hospitals completes acquisition of majority stake in Kolkata's AMRI Hospitals
Sep 21, 2023, at 08:26 am
Kolkata: Manipal Hospitals Wednesday announced the acquisition of an 84 percent stake in AMRI Hospitals Ltd, a subsidiary of the Emami Group, for an undisclosed amount, media reported.
Number of delayed infrastructure projects increase to 830
Sep 21, 2023, at 08:13 am
New Delhi: The number of delayed infrastructure projects valued at Rs 150 crore and higher in India has increased to 830 as of September 1, 2023, from 809 recorded on August 1, 2023, as per the August 2023 report from the Infrastructure and Project Monitoring Division (IPMD).
Govt to sell 4.92% stake in SJVN via OFS
Sep 21, 2023, at 06:11 am
New Delhi: The government is set to divest a 4.92% stake in SJVN through a two-day offer for sale, with a floor price of Rs 69 per share.
Byju's appoints company veteran Arjun Mohan CEO of India ops
Sep 21, 2023, at 05:46 am
Bengaluru: Edtech company Byju's has appointed long-standing company member Arjun Mohan as the CEO of its India operations, succeeding Mrinal Mohit.
Total Energies to invest $300 million in 50:50 JV deal with Adani Green arm
Sep 21, 2023, at 03:36 am
Mumbai: French energy major TotalEnergies SE has signed a definitive termsheet with Adani Green Energy Twenty Three Limited (AGE23L), Moneycontrol reported.
India-UK close on Free Trade Agreement but few tough points remain: British Minister
Sep 21, 2023, at 03:10 am
London: Britain's Business and Trade Secretary Kemi Badenoch, overseeing the free trade agreement (FTA) negotiations with India, informed a parliamentary committee that India and the UK are on the verge of finalizing a mutually advantageous trade deal, but the remaining points of contention are the most challenging, media reports said.
Ola Electric IPO likely by Oct end: Report
Sep 21, 2023, at 02:37 am
Mumbai: Ola Electric intends to submit regulatory documents for its IPO, which could raise up to $700 million, by the end of October, Reuters reported.
Sona Group’s CSR efforts to benefit differently-abled women
Sep 20, 2023, at 06:43 pm
Salem: The Sona Centre for Social Responsibility Initiatives (Sona CSRI), Sona College of Technology’s CSR arm, has initiated a programme to help 11 differently abled women from Maramangalathupatti village on the outskirts of Salem town to pick up skills in stitching to become self-reliant.
Net direct tax mop-up rises 23.5 pc in FY24 till mid-September
Sep 20, 2023, at 06:29 am
New Delhi: The Centre's tax kitty continues to swell on the back of strong economic growth. The latest data shows net direct tax collections rose 23.51% year-on-year to Rs 8.65 lakh crore in the current financial year till September 16 as against Rs 7 lakh crore in the same period a year ago.
Torrent Gas starts supplying piped cooking gas in Patiala
Sep 20, 2023, at 06:20 am
Patiala: Torrent Gas has commenced supply of piped cooking gas in Punjab's Patiala city, the Punjab government said on Monday.
Govt approves welfare measures for LIC agents, staff
Sep 20, 2023, at 06:18 am
New Delhi: The Union Finance Ministry on Monday approved various welfare measures for LIC (Life Insurance Corporation) agents and employees.
Oil prices reach highest in 10 months
Sep 20, 2023, at 06:07 am
Oil prices surged by more than 1% on Tuesday, reaching the highest levels in 10 months, Reuters reported.
Myntra witnesses 50% YoY growth in home category
Sep 20, 2023, at 04:55 am
Mumbai: The home category at e-commerce platform Myntra witnessed a 50% year-on-year surge in demand, ET reported.
Amazon won't allow these notes for COD orders from today
Sep 20, 2023, at 04:32 am
New Delhi: Starting September 19, 2023, Amazon India will no longer accept Rs. 2,000 currency notes for Cash on Delivery (COD) orders or Cashloads, media reports said.