Vodafone Idea board to consider fund raising proposal on Feb 27
New Delhi, Feb 22 - Vodafone Idea said that a meeting of the board of directors is scheduled on February 27 to consider and approve the proposal relating to fundraising.
Uttar Pradesh to organise CSR Summit soon: Official
Lucknow, Feb 22 - Uttar Pradesh Chief Secretary Durga Shankar Mishra has said that Uttar Pradesh will soon organise a CSR Summit.
Strong earnings report from Nvidia bolsters optimism on Wall Street
New York, Feb 22 - US stocks soared higher on Thursday after a strong earnings report from tech giant Nvidia bolstered investor optimism on Wall Street, a media report said.
Japan’s stock index surpasses record high set 34 years ago
Tokyo, Feb 22 - Japan's main stock index has hit an all-time closing high, surpassing the previous record set 34 years ago, a media report said.
PSU stocks rally driven by retail investors
New Delhi, Feb 22 - There has been no meaningful Institutional crowding in PSU names in this cycle, barring few names. PSU rally seems to have been driven by retail investors, foreign brokerage, Bernstein said in a report.
SpiceJet’s Board approves allotment of 4.01 cr shares to two investors, raises additional Rs 316 cr
New Delhi, Feb 22 - SpiceJet on Thursday said that the Preferential Allotment Committee had approved the allotment of 4.01 crore equity shares on a preferential basis to two investors, including Aries Opportunities Fund Limited.
Coal PSUs enhance green cover with 235 lakh trees across 10,784 hectares
New Delhi, Feb 22 - Coal PSUs have planted more than 235 lakh saplings over an area exceeding 10,784 hectares in the five-year period FY 2019-20 to FY 2023-24 till January, thus enhancing the country’s carbon sink significantly, the Ministry of Coal said
PM Modi 3.0 to further bolster $300 bn electronics manufacturing goal: Industry body
New Delhi, Feb 22 - The industry and the government are working to scale electronics manufacturing in India towards meeting the $300 billion goal in the next few years and Prime Minister Narendra Modi 3.0 will cement this vision in the next five
Space industry welcomes new FDI norms, expects $25 bn fresh investment in 10 years
Chennai, Feb 22 - India’s decision to revise its Foreign Direct Investment (FDI) norms for the space sector is expected to bring in fresh foreign investments up to $25 billion over the next decade and result in a wave of collaborations between Indian
AI adoption will be widespread but slow in risk and compliance: Moody’s
Chennai, Feb 22 - Even as Artificial Intelligence (AI) is deepening its reach into everyday risk and compliance, the transition will not happen overnight, finds a survey by Moody’s.
India’s market capitalisation will likely touch $10 trillion by 2030
New Delhi, Feb 22 - India’s market cap is currently the 5th largest globally (US $4.5 trillion) but its weight in global indices is still low at 1.6% (10th rank), foreign brokerage, Jefferies said in a report.
India’s biz activity surges to 7-month high in Feb
New Delhi, Feb 22 - The growth rate in India’s business activity accelerated to a 7-month high in February driven by a strong demand for both manufacturing and services, according to a private economic survey released on Thursday.
Sensex down more than 300 points
New Delhi, Feb 22 - BSE Sensex is down more than 300 points in morning trade on Thursday.
Cabinet okays 8% hike in sugarcane price, move to benefit 5 cr farmers
New Delhi, Feb 21 - The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved an 8 per cent increase in the Fair and Remunerative Price (FRP) of sugarcane to Rs 340 per quintal for the sugar season
NTPC signs land lease pact for setting up Green Hydrogen Hub near Vizag
New Delhi, Feb 21 - Power sector giant NTPC has signed a land lease agreement for the development of a world-class “Integrated Green Hydrogen Hub” on a 1,200-acre plot at Pudimadaka village near Visakhapatnam in Andhra Pradesh, the Ministry of Power announced on
Govt hardsells coal gasification projects at Mumbai roadshow
Mumbai, Feb 21 - The Ministry of Coal said on Wednesday that it got an encouraging response to its roadshow aimed at promoting coal gasification projects across the nation aligned with India’s vision for a cleaner and energy-efficient future.
Govt plans to simplify, digitalise KYC process
New Delhi, Feb 21 - Finance Minister Nirmala Sitharaman chaired the meeting of the Financial Stability and Development Council (FSDC) on Wednesday which discussed the issues related to India’s macro financial stability and the preparedness to deal with them.
Nifty slides on profit booking at higher levels
Mumbai, Feb 21 - After making a fresh high, Nifty erased its gains in the last hour and closed with a loss of 142 points at 22,055 levels on Wednesday, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
Coal sector PSUs poised to cross Rs 21,030 crore Capex target for 2023-24 Coal sector PSUs poised to cross Rs 21,030 crore Capex target for 2023-24
New Delhi, Feb 21 - The capital expenditure (CAPEX) by public sector coal companies has touched 20,153 crore as on January this year, marking 95.83 per cent progress towards the target of is 21,030 crore fixed for the current financial year ending on
Healthcare became more accessible for North-East region in last 10 yrs: Union Minister
New Delhi, Feb 21 - Healthcare has become accessible and available for the entire North-East region in the last 10 years, Union Health Minister, Dr Mansukh Mandaviya, said on Wednesday.