Coal import by power plants declines 40.66% in April-Dec as local production rises
New Delhi, Jan 22 - The country’s power generation based on domestic coal increased by 7.14 per cent to 872 billion units during April-December of the current financial year, compared to 813.9 billion units generated in the same period of the previous fiscal.
India’s first Airbus A350 takes wings with passengers from B’luru to Mumbai
Bengaluru, Jan 22 - Air India on Monday launched its maiden scheduled commercial flight with the country’s first Airbus A350-900 -- also the first aircraft in the new bold Air India livery -- heralding a new era for Indian aviation.
Samsung registers record 2.5 lakh pre-bookings of Galaxy S24 series in India
New Delhi, Jan 22 - Samsung’s newly-launched flagship Galaxy S24 series has seen a record 250,000 pre-bookings in India in just three days, making it the most successful Galaxy S series ever, the company said on Monday.
ITC’s Aashirvaad Svasthi Ghee to spread ‘Aro-ma of Love’ during Pran Pratishtha at Ram Mandir in Ayodhya
New Delhi, Jan 22 - During the sacred occasion of the Pran Pratishtha ceremony at the Lord Ram Mandir in Ayodhya on the 22nd of this month, Aashirvaad Svasthi, ITC's Ghee brand, is set to spread and imbue the ‘Aro-Ma of Love’ in
Sony sends termination letter to Zee to call off merger
New Delhi, Jan 22 - Sony Group Corp. has officially notified Zee Entertainment Enterprises Ltd. that it plans to call off the merger between its India unit and the media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition as
Second Boeing aircraft model to be inspected by US aviation agency
London, Jan 22 - Checks are to be carried out on a second Boeing aircraft model in the US following the blowout of an unused door on one of its planes earlier this month, media reports said.
Ascent of UP as the face of New India
New Delhi, Jan 21 - Uttar Pradesh appears headed for a tipping point, scripting a success story as it recognizes and reaps the opportunities sweeping New India, working on key enablers to attain a sizable economic order, a report by the Economic Department
Farm sector to get Interim Budget boost for food security, inclusive growth
New Delhi, Jan 21 - The Interim Budget to be presented by Finance Minister Nirmala Sitharaman on February 1 will aim to give a major boost to the agricultural sector in order to enhance the country’s food security and ensure inclusive growth in
Ayodhya can set a template for India’s tourism boost: Report
New Delhi, Jan 21 - The grand opening of Ram temple in Ayodhya on January 22 is a big religious event. It also comes with a large economic impact as India gets a new tourist spot which could attract 50 million plus tourists
Ayodhya scales new economic peaks ahead of Ram Temple Pran Pratishtha
Lucknow, Jan 21 - Even as Ayodhya decks up to witness the historic Pran Pratishtha ceremony of the Ram temple on Monday, the holy town is also witnessing its emergence as an economic powerhouse.
India, Cuba ink MoU on digital public infrastructure
New Delhi, Jan 20 - India and Cuba have signed an MoU for cooperation in the field of sharing successful digital solutions implemented at population scale for digital transformation.
Union Bank of India posts 60% jump in net profit, stock soars to 52-week high
Mumbai, Jan 20 - Union Bank of India on Saturday posted a 59.91 per cent year-on-year jump in net profit to Rs 3,590 crore for the October-December quarter on the back of lower provisioning and higher interest income.
India’s smartphone market sees 2% drop in 2023, shipped 148.6 mn units: Report
New Delhi, Jan 20 - India's smartphone market has maintained stability with 148.6 million shipments overall in 2023, witnessing a minor drop of two per cent, a new report has said.
ICICI Bank posts 23.5% rise in Q3 net profit
Mumbai, Jan 20 - ICICI Bank on Saturday declared a 23.5 per cent increase in its net profit to Rs 10,272 crore for the October-December quarter of the current financial year.
Kotak Mahindra logs Rs 3,005 crore PAT for Q3
Chennai, Jan 20 - Kotak Mahindra Bank Ltd on Saturday said it closed the third quarter of FY24 with an after tax profit of Rs 3,005 crore.
IREDA net profit surges 67% in Oct-Dec quarter
Mumbai, Jan 20 - Indian Renewable Energy Development Agency Ltd (IREDA) on Saturday reported an of 67.15 per cent year-on-year increase in its net profit at Rs 335.54 crore for the October-December of the current financial year.
Bharti Hexacom files DRHP for IPO
New Delhi, Jan 20 - Bharti Hexacom has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for proposed Initial Public Offering (IPO) for the offer by Telecommunications Consultants India Limited.
Mangaluru airport adjudged ‘best airport’ in under 5 million passenger category
Dakshina Kannada (Karnataka), Jan 20 - Mangaluru International Airport (MIA) has been adjudged the 'best airport' in the under 5 million passenger category at Wings India 2024, Asia’s largest Civil Aviation Exhibition, an official statement said on Saturday.
Amazon removes ‘Shri Ram Mandir Ayodhya Prasad’ sweets after CCPA notice
New Delhi, Jan 20 - After getting a notice from the Central Consumer Protection Authority (CCPA), Amazon has removed sweets sold under the name 'Shri Ram Mandir Ayodhya Prasad'.
IDBI Bank logs higher Q3 PAT at Rs 1,458.18 crore
Chennai, Jan 19 - Mortgage lender IDBI Bank closed the third quarter of FY24 with higher net profit of Rs 1,458.18 crore.