Nifty remains volatile ahead of US Fed policy meeting
Mumbai, March 20 - The Nifty remained volatile on Wednesday ahead of the US Fed's policy meeting. The overall sentiment remains negative as the index closed below the previous consolidation low, said Rupak De, Senior Technical Analyst at LKP Securities.
India records 5.9 pc mineral production increase in January
New Delhi, March 20 - The index of mineral production of the country’s mining and quarrying sector rose by 5.9 per cent in January this year compared to the level in Jan 2023, according to figures released by the Indian Bureau of Mines
Zomato uniform colour changes from green to red, sparks debate
Mumbai, March 20 - Ahead of the Holi colours bash, the food delivery major Zomato has ‘changed’ its colours from green to red even for rushing vegetarian deliveries to its customers across India, sparking a colourful debate on social media.
Tata Chemicals shares plunge more than 8 per cent
New Delhi, March 20 - Tata Chemicals shares were down more than 8 per cent on Wednesday leading the trend as most Tata group shares except TCS trended down.
SEBI proposes audiovisual format for IPO disclosures
New Delhi, March 19 - Markets regulator SEBI has proposed that the disclosures made in the DRHP and RHP of public issues shall also be made available in audiovisual (AV) format by the issuer companies desiring to list on the main board.
India’s direct tax collections jump 20% to cross Rs 18. 9 lakh crore in 2023-24
New Delhi, March 19 - The country's Direct Tax collections for the current financial year, ending on March 31, 2024 have shot up by 19,88 per cent to Rs 18,90,259 crore compared to Rs 15,76,776 crore in the same period of the previous
CCI approves Ultra Tech’s acquisition of Kesoram cement business
New Delhi, March 19 - The Competition Commission of India (CCI) on Tuesday approved the acquisition of Kesoram Cement Business by UltraTech Cement Limited from Kesoram Industries Limited.
RBI fines Tamilnad Mercantile Bank, DCB Bank for breach of norms
Mumbai, March 19 - The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.38 crore on Tamilnad Mercantile Bank Limited and a fine of Rs 63.6 lakh on DCB Bank Ltd. (the bank) for not complying with regulatory norms.
GoodEnough to set up Rs 450 crore factory for energy storage systems in J&K
New Delhi, March 19 - GoodEnough Energy on Tuesday announced that it would make an investment of over Rs 450 crore for setting up a Battery Energy Storage System (BESS) gigafactory in Jammu & Kashmir.
NHAI raises record Rs 16,000 crore war chest via highway monetisation
New Delhi, March 19 - National Highways Authority of India (NHAI), has raised a record Rs 16,000 crore through its Infrastructure Investment Trust for the monetisation of various highway stretches of the aggregate length of 889 kilometers.
Strong demand, high corporate profits to propel India’s growth ahead: RBI
Mumbai, March 19 - The high visibility of structural demand and healthier corporate and bank balance sheets are likely to propel India’s growth going forward even as the global economy is losing steam, according to the RBI’s monthly bulletin released on Tuesday.
Ahmedabad-Mumbai bullet train to be launched in 2026: Railway Minister Ashwini Vaishnaw
New Delhi, March 19 - Railway Minister Ashwini Vaishnaw said on Tuesday that the Ahmedabad- Mumbai bullet train will be launched in 2026.
BHEL wins order for setting up 1600 MW plant for NTPC
New Delhi, March 19 - Public sector engineering giant Bharat Heavy Electricals Ltd (BHEL) on Tuesday announced that it has won an order for setting up 1,600 MW Singrauli Supercritical Thermal Power Plant (STPP) Stage-III from NTPC through the global competitive bidding route.
Nifty recovers in second half to close with gains
Mumbai, March 18 - The Nifty recovered in the second half of the session to close with gains of 32.35 points, or 0.15 per cent, at 22,055.70 levels on Monday.
India can create more jobs in esports, game development: CII
Pune, March 18 - Even as India's gaming sector is poised for significant growth, more jobs can be created in the country in the esports and game development industry, according to experts at the Confederation of Indian Industry (CII).
Govt plans to roll out e-buses in all cities, some long routes: Gadkari
New Delhi, March 18 - Minister of Road Transport and Highways Nitin Gadkari on Monday said that the government has plans to introduce electric buses in all Indian cities as well as some long routes such as Delhi-Shimla, Delhi-Chandigarh and Pune-Mumbai over the
B2B retail platform Jumbotail raises Rs 151 crore to tap mass market consumers
Bengaluru, March 18 - B2B marketplace and new retail platform Jumbotail on Monday said it has raised Rs 151 crore equity capital led by Artal Asia.
Indian IT services industry to see modest 3-5 pc revenue growth in FY25: ICRA
New Delhi, March 18 - The revenue growth of the Indian IT services industry is expected to improve mildly from 2 per cent in the nine months of the current fiscal year but remain modest at 3-5 per cent in FY2025, a new
Procter & Gamble India appoints Kumar Venkatasubramanian as CEO
Mumbai, March 18 - Procter & Gamble India on Monday announced that Kumar Venkatasubramanian will take over as CEO for its operations in the country from May 1.
Aditya Birla Sun Life AMC launches Gen AI-based search assist tool for investors
New Delhi, March 18 - Aditya Birla Sun Life AMC Ltd on Monday launched ‘MyMutualFundGPT’ to assist investors’ queries across its digital platforms.