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Sunday, 29 Dec 2024 | Refresh
08:43 PM
EEPC India Proposes 'Faceless' GST Audit System
EEPC India advocates for a 'faceless' GST audit system to streamline procedures and reduce compliance costs for businesses, aiming to boost ease of doing business in India.
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07:53 PM
Navi Mumbai Airport Opens: Commercial Flight Test Successful
Navi Mumbai International Airport successfully conducted its first commercial flight test, paving the way for its opening in early 2024. The airport, a joint venture between Adani Group and CIDCO, will aim to reduce congestion at Mumbai Airport and cater to growing passenger demand.
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07:44 PM
Odisha Leads in Climate-Resilient Agriculture: Top Official
Odisha is leading the way in sustainable agriculture, prioritizing inclusivity, diversification, and climate resilience, says the state's top agriculture official.
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07:20 PM
Manmohan Singh: India's Man of Destiny, Says Hinduja
G P Hinduja hails Manmohan Singh as India's 'man of destiny' who led the country from economic crisis to liberalization and global nuclear power.
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05:27 PM
CCI Studies Renewable Energy Competition in BRICS
India's Competition Commission (CCI) is conducting a market study to understand competition issues in the renewable energy sector across BRICS nations.
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05:18 PM
PM Internship Scheme: 6.21 Lakh Applications Received
India's PM Internship Scheme has received over 6.21 lakh applications for 1.27 lakh internship opportunities. The scheme aims to provide internships to 1 crore youth over five years.
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04:25 PM
IIMs Develop Framework for SaaS Adoption in Finance
IIMs create a framework to help India's capital markets and banking sectors adopt Software-as-a-Service (SaaS) technologies safely. Addressing data security and regulatory concerns, the research offers insights for organizations looking to leverage cloud-based solutions.
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04:12 PM
Navi Mumbai Airport: Commercial Flight Test, Opening in April 2024
Navi Mumbai International Airport successfully conducted its first commercial flight test, paving the way for an April 2024 opening. The airport is expected to be operational by the end of July 2024 with both domestic and international flights.
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03:47 PM
High Employee Attrition in Private Banks: RBI Report
RBI report highlights high employee attrition in private banks, reaching 25%, posing operational risks. The report urges banks to implement strategies to reduce turnover and enhance employee engagement.
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03:19 PM
Indian Single Malt Whisky: Industry Seeks Separate FSSAI Standard
Indian liquor makers are pushing for a separate FSSAI standard for Indian single malt whisky to ensure quality and protect its growing international reputation.
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03:11 PM
Budget 2025-26: CII Calls for Fuel Excise Duty Cut, Consumption Vouchers
CII recommends lowering excise duty on fuel, increasing MGNREGS wages, and introducing consumption vouchers in the upcoming budget to boost consumption and tackle inflation.
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01:52 PM
Indian Markets This Week: FII Trading, Macro Data & Global Trends
Analysts predict equity market movement this week to be guided by macroeconomic data, FII activity, and global trends, including manufacturing PMI and US jobless claims. Auto sales data and currency movement will also be watched closely.
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01:31 PM
NCR Housing Supply Up 44% in 2024: Anarock
Delhi-NCR housing market saw a 44% rise in new supply to 53,000 units in 2024, with 60% being luxury homes priced above Rs 2.5 crore, according to Anarock.
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01:18 PM
Adani Enterprises Revenue to Surge by FY27: Brokerage
Adani Enterprises' revenue is projected to reach Rs 1.5 lakh crore by FY27, driven by growth in airports, solar/wind, and copper. The company's net earnings are expected to rise by 46%.
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12:56 PM
AI & Cartelisation: CCI Chief Warns of Risks, Focuses on Transparency
CCI chief highlights the potential of AI to facilitate cartelisation, emphasizing the need for algorithmic transparency and accountability. The watchdog is conducting a study on AI and competition, aiming to develop ecosystems that promote innovation while addressing potential risks.
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12:32 PM
Musk Defends H-1B Visas, Trump Backs Him
Elon Musk and Donald Trump have voiced support for the H-1B visa program, sparking debate on immigration policy. Musk argues for skilled foreign workers in tech, while Trump calls it a 'great program'.
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12:32 PM
Rupee Falls 3% in 2024, Outlook Stable for 2025
The Indian rupee depreciated by 3% in 2024 due to global factors, but is expected to stabilize in 2025. Experts attribute the fall to a strong US dollar and FII outflows.
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11:47 AM
Dharavi Redevelopment Project Rebranded as Navbharat Mega Developers
Adani-backed Dharavi Redevelopment Project Pvt Ltd is now Navbharat Mega Developers Pvt Ltd, reflecting its commitment to building a modern, inclusive community in Mumbai.
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11:37 AM
India's Services Exports Hit Record High in Oct: Digital Infrastructure, Policy Support Drive Growth
India's services exports reached a historic high of USD 34.31 billion in October, driven by investments in digital infrastructure, policy support, and a skilled workforce. The country is emerging as a global leader in digitally delivered services.
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11:31 AM
Climate Emergency: 2024 Missed the Mark, But Hope Remains
2024 saw record-breaking heat, floods, and a missed opportunity for climate finance. Developed nations failed to deliver on funding promises, leaving the Global South struggling. Can the world still avert catastrophic warming?
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11:30 AM
India's Foodgrain Output to Hit New Peak in 2025: Agri Sector Eyes 4% Growth
India's agricultural sector is poised for strong growth in 2025, with record foodgrain production driven by a favorable monsoon. However, challenges remain in pulses and oilseeds, and farmer unrest persists.
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11:25 AM
Akasa Air Pilots Seek DGCA Audit Over Training Issues
A section of Akasa Air pilots seeks a DGCA audit over alleged training issues, following suspension of two senior officials. The pilots are also forming a union.
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11:10 AM
Ultraviolette Electric Motorcycle: 1,000 Units Monthly Target by 2025
Ultraviolette aims to sell 1,000 electric motorcycles monthly by 2025, expanding its network to 30 cities. The company also plans to enter European markets next year.
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11:01 AM
India Aims for 24x7 Power by 2025: Boosting Generation & Transmission
India plans to achieve 24x7 power for all by 2025, boosting coal and hydro power generation, expanding transmission infrastructure, and adding significant renewable energy capacity.
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11:01 AM
India Cancels Critical Mineral Auction Due to Low Response
The Indian government has cancelled the auction of 11 critical mineral blocks due to poor response, highlighting the challenges in securing vital resources for green energy and technology.
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10:51 AM
India's Exports to Australia Surge 64.4% in November
India's exports to Australia soared by 64.4% in November, driven by strong growth in textiles, chemicals, and agricultural products. The rise comes as India and Australia implement their interim trade pact, the Economic Cooperation and Trade Agreement (ECTA).
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10:45 AM
Indian Economy to Grow 6.5-6.8% in FY25: Deloitte
Deloitte forecasts India's economy to grow at 6.5-6.8% in FY25, driven by domestic consumption, despite global headwinds. The report highlights key sectors like manufacturing, services, and capital markets.
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10:45 AM
Indian Stock Market 2024: Positive Returns Despite Volatility
Despite a roller coaster year, the Indian stock market ended 2024 with positive returns driven by domestic fund flows and a resilient macro landscape. Learn more about the key factors that influenced market performance and the outlook for 2025.
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10:40 AM
Rupee Tumbles 3% in 2024: Outlook for 2025
The Indian rupee depreciated 3% against the US dollar in 2024, but is expected to stabilize in 2025. Experts discuss factors impacting the rupee.
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10:40 AM
Tax Simplification in India: Focus for 2025
India's tax landscape to focus on simplification in 2025, with GST rate rationalization, I-T law review, and improved compliance for individuals and businesses.
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10:20 AM
Top 10 Indian Firms Mcap: HDFC Bank, RIL Gain - Business News
Six of India's top 10 most valued companies saw a combined market cap increase of Rs 86,847.88 crore last week, with HDFC Bank and Reliance Industries leading the gains.
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09:08 AM
Telecom Investment Recovery Challenged by Subscriber Loss, Satcom Competition
Indian private telecom operators face a difficult 2025 with subscriber losses, price wars from satellite providers like Starlink, and the need for heavy 5G investment.
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09:01 AM
AI: From Trend to Reality, Shaping Businesses in 2025
AI is no longer a buzzword, it's a business reality. Explore how AI is transforming industries, creating new roles, and driving innovation in 2025.
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08:43 AM
Tamil Nadu Aims for USD 1 Trillion Economy by 2030
Tamil Nadu government secured big ticket investments and rolled out sector-specific policies in 2024 to achieve its USD 1 trillion economy dream by 2030. The state''s Global Investors Meet (GIM) attracted Rs 6.64 lakh crore investment commitments.
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28 Dec, 2024
Vodafone Idea Gets Bank Guarantee Waiver for Spectrum Auctions
Vodafone Idea (VIL) has received relief from the Department of Telecom (DoT) with the waiver of bank guarantees for spectrum auctions held prior to 2021. This will boost 4G and 5G investments in India.
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28 Dec, 2024
AI: From Trend to Reality, Shaping Business in 2025
AI is no longer a buzzword but a reality, impacting industries and jobs. Learn how AI is transforming businesses, from efficiency to customer engagement, in 2025.
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28 Dec, 2024
Mangaluru Airport: Robust Growth & Awards in 2024
Mangaluru International Airport (MIA) reports significant growth in passenger traffic, infrastructure advancements, and sustainability initiatives in 2024, earning prestigious awards.
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28 Dec, 2024
Taj Cochin International Airport Opens in Kerala - IHCL
IHCL launches 111-key Taj Cochin International Airport in Kerala, strengthening its presence in the state and expanding its portfolio to 19 hotels.
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28 Dec, 2024
Scindia Aims to Make India Post Profitable by 2029
Union Communications Minister Jyotiraditya Scindia seeks funds from Finance Minister Nirmala Sitharaman to make the Department of Posts profitable by 2029, focusing on logistics, automation, and infrastructure development.
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28 Dec, 2024
Credila Financial Services Files IPO Papers with Sebi
Edu loan provider Credila Financial Services Ltd, formerly known as HDFC Credila, has filed IPO papers with Sebi. The company, backed by EQT and ChrysCapital, saw impressive growth in FY24.
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28 Dec, 2024
Telcos Investment Recovery in Limbo: Tariff Hike Backfires, Price War Looms
India's telcos face investment recovery challenges as tariff hikes backfire and competition from satellite services like Starlink intensifies. The 5G rollout and potential price war with satcom providers could push the sector into financial stress.
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28 Dec, 2024
Singapore PM Condoles Manmohan Singh's Death
Singapore Prime Minister Lawrence Wong expresses condolences on the passing of former Indian PM Manmohan Singh, praising his contributions to India's economic growth and strong Singapore-India ties.
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28 Dec, 2024
WEF Annual Meeting 2025: Indian Ministers, CMs to Attend in Davos
Several Union Ministers and Chief Ministers from India will join world leaders at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, in January 2025, for discussions on 'Collaboration for the Intelligent Age'.
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28 Dec, 2024
India Post Aims for Profitability by 2029: Scindia Meets FM
Communications Minister Jyotiraditya Scindia met Finance Minister Nirmala Sitharaman to discuss India Post's path to profitability. The department aims to become a profit-making logistics company with a focus on customer satisfaction by 2029.
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28 Dec, 2024
Vodafone Group Clears Rs 11,650 Cr Dues Against VIL Shares
Vodafone Group has cleared dues of Rs 11,650 crore raised against Vodafone Idea shares, releasing a pledge on 22.56% of VIL's equity. The move follows repayment of debt to lenders.
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28 Dec, 2024
Steel Sector Eyes Policy Support Amid Imports & Green Steel Push - 2025
India's steel sector faces challenges from rising imports, volatile raw material prices, and the need to transition to green steel. The industry is seeking policy support to safeguard its interests and achieve its 300 MnT capacity target.
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28 Dec, 2024
Mauritius Flags at Half-Mast for Manmohan Singh
Mauritius honors India's former Prime Minister Manmohan Singh by flying its national flag at half-mast on all government buildings until sunset. The private sector is also urged to join the tribute.
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28 Dec, 2024
Mahindra & Mahindra Tax Inspection in Chennai
Mahindra & Mahindra Ltd. is undergoing a tax inspection in Chennai by Tamil Nadu authorities. The inspection is related to GST compliance issues and is not expected to impact the company's operations.
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28 Dec, 2024
Zydus Wellness Arm Faces Rs 56.33 Crore GST Demand
Zydus Wellness's subsidiary, ZWPL, received a Rs 56.33 crore GST demand from the tax authority related to intellectual property rights acquisition. The company is evaluating the next steps.
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28 Dec, 2024
Rcube Projects Opens Rs 120 Cr Noida Mall, Eyes Rs 25-30 Cr Rental
Rcube Projects has opened a new shopping mall in Noida, with an expected annual rental income of Rs 25-30 crore. The company is looking to expand its portfolio in Delhi-NCR.
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28 Dec, 2024
Reliance Acquires Karkinos Healthcare for Rs 375 cr
Reliance Industries has acquired oncology-focused healthcare platform Karkinos for Rs 375 crore, expanding its health services business portfolio. Karkinos provides technology-driven solutions for early cancer detection and treatment.
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28 Dec, 2024
Noida Expressway Housing Prices Jump 66% in 5 Years: Report
Housing prices in Noida Expressway and Bengaluru's Gunjur have surged by 66% and 69% respectively in the last 5 years, according to a report by Anarock. The growth is attributed to improved infrastructure and connectivity.
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27 Dec, 2024
IREDA Pays Tribute to Former Prime Minister Manmohan Singh
IREDA officials pay homage to former Indian Prime Minister Manmohan Singh, who passed away at the age of 92. The company observed two minutes of silence in his memory.
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27 Dec, 2024
SBI-SG Global Settles FPI Violation Case with Sebi
SBI-SG Global Securities Services has settled a case with Sebi related to alleged violations of FPI rules by paying Rs 29.25 lakh in settlement charges. The violations included granting FPI registration without proper verification and failing to process surrender applications.
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27 Dec, 2024
New Mangaluru Port Welcomes Second Cruise Ship
New Mangaluru Port welcomes the Seven Seas Voyager, its second cruise ship of the season, showcasing the port's growing popularity as a global cruise tourism destination. Passengers enjoyed cultural performances, guided tours, and local experiences.
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27 Dec, 2024
DGCA Suspends Akasa Air Directors for Training Lapses
The DGCA suspended Akasa Air's director of operations and director of training for six months due to alleged lapses in pilot training, citing violations of civil aviation requirements.
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27 Dec, 2024
Osamu Suzuki: Visionary Leader & Auto Industry Icon
SIAM President lauds Osamu Suzuki's visionary leadership, emphasizing his impact on making cars accessible to millions in India and strengthening Japan-India ties.
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27 Dec, 2024
Sunil Mittal Pays Tribute to Manmohan Singh, Praises Economic Reforms
Bharti Enterprises Chairman Sunil Mittal mourns the passing of former Prime Minister Manmohan Singh, highlighting his contributions to India's economic liberalization in the early 1990s.
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27 Dec, 2024
DGCA Suspends Akasa Air Directors for Training Lapses
The Directorate General of Civil Aviation (DGCA) has suspended two Akasa Air directors for six months due to alleged lapses in pilots' training. The airline, partially owned by the Rakesh Jhunjhunwala family, is facing scrutiny for failing to ensure compliance with aviation regulations.
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27 Dec, 2024
Sebi Clarifies Rules on Change in Control for Investment Advisers
Sebi clarifies rules on shareholding transfer among immediate relatives for investment advisors, research analysts, and KRAs, ensuring transparency and investor protection.
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27 Dec, 2024
IIT Madras & Renault Nissan Tech Partner for Talent Development
IIT Madras and Renault Nissan Technology & Business Centre India Pvt Ltd partner to offer internships, placement opportunities, and upskilling programs for students and employees.
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27 Dec, 2024
Bharat Construction Equipment Expo Begins Jan 19 - Greater Noida
The Bharat Construction Equipment Expo, a key event for the Indian construction sector, is set to begin on January 19th in Greater Noida. Over 30,000 participants are expected to attend, showcasing the latest innovations in construction equipment.
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27 Dec, 2024
Indian Paint Industry Faces Margin Squeeze: Report
Indian paint sector faces margin pressure due to intensifying competition and price cuts. Report highlights revenue moderation and increased ad spending impacting profitability.
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27 Dec, 2024
JSW Neo Energy Acquires 4.7 GW RE Platform O2 Power
JSW Neo Energy will acquire 4,696 MW renewable energy platform from O2 Power for Rs 12,468 crore. The deal is subject to CCI approval and other customary approvals.
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27 Dec, 2024
Transrail Lighting Shares Surge 28% on Debut
Transrail Lighting shares closed over 28% higher on their first day of trading, exceeding the IPO price of Rs 432. The company is a leading EPC firm in the power sector with a global presence.
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27 Dec, 2024
Hero MotoCorp Expands Harley-Davidson Partnership: New Bikes & Variants
Hero MotoCorp and Harley-Davidson have expanded their partnership to introduce new trims of the X440 and develop a new bike. Learn more about this exciting collaboration.
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27 Dec, 2024
Sebi Withdraws ICEX Recognition: Exit From Commodity Exchange Business
Sebi has formally withdrawn the recognition granted to ICEX, marking its exit from the commodity exchange business. The decision follows ICEX's surrender of recognition due to regulatory non-compliance and challenges in raising funds.
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27 Dec, 2024
India's CAD Moderates to 1.2% of GDP in Q2: RBI
India's current account deficit (CAD) moderated to USD 11.2 billion (1.2% of GDP) in Q2 2024-25, according to Reserve Bank data. Read more.
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27 Dec, 2024
Rural & Urban Consumption Inequality Dips in India - Govt Survey
India's rural and urban consumption inequality decreased during August 2023-July 2024, according to the latest Household Consumption Expenditure Survey. The Gini coefficient, a measure of inequality, declined in both rural and urban areas.
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27 Dec, 2024
Sebi Fines Jaiprakash Power for Misrepresenting Financials
Sebi imposed a Rs 54 lakh penalty on Jaiprakash Power Ventures and its top officials for misrepresenting financial statements, finding violations of PFUTP and LODR rules.
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27 Dec, 2024
India Launches Anti-Dumping Probes on Chinese Imports
India has initiated anti-dumping investigations into imports of nylon filament yarn and TDQ (trimethyl dihydroquinoline) from China, alleging dumping practices. The probes aim to protect domestic industries from cheap imports.
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27 Dec, 2024
India's Forex Reserves Drop to USD 644.391 Billion
India's foreign exchange reserves declined by USD 8.478 billion to USD 644.391 billion in the week ending December 20, according to the RBI. The decline has been attributed to revaluation and forex market interventions.
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27 Dec, 2024
Gold Price Jumps Rs 350 to Rs 79,200 Per 10 gm, Silver Surges Rs 900
Gold prices surged on Friday in the national capital on the back of continued buying by jewellers and depreciation in the rupee. Silver also rallied for the fourth straight session, surging Rs 900 per kg. Read more.
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27 Dec, 2024
Max Estates Sells 67 Luxury Apartments in Noida for Rs 845cr
Max Estates sold 67 luxury apartments in Noida for Rs 845 crore at over Rs 25,000 per sq ft, exceeding its original guidance. The company has achieved strong sales in the first nine months of 2024-25.
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27 Dec, 2024
Hero Electric Faces Insolvency: NCLT Admits Plea
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against Hero Electric after admitting a plea by Metro Tyres over unpaid dues of Rs 1.85 crore.
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27 Dec, 2024
Sensex Rises 226 Points on Auto, Bank Gains - PTI
Indian benchmark BSE Sensex rose on Friday led by auto and banking stocks, despite FII outflows and a record rupee fall. Nifty closed above 23,800. Mahindra & Mahindra, IndusInd Bank, Bajaj Finance were top gainers.
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27 Dec, 2024
Osamu Suzuki, Maruti Suzuki Founder, Passes Away at 94
Osamu Suzuki, the visionary founder of Maruti Suzuki, passed away at 94. His contributions revolutionized the Indian automobile industry and empowered millions. He is remembered for his foresight, leadership, and commitment to India.
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27 Dec, 2024
Hindalco Industries Gets Odisha Coal Mine Allocation
The Indian government has allocated the Meenakshi coal mine in Odisha to Hindalco Industries, a subsidiary of the Aditya Birla Group. The mine, with a peak capacity of 12 MTPA, is expected to generate significant revenue and employment.
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27 Dec, 2024
RBI Allows UPI Payments via Prepaid Instruments
The Reserve Bank of India (RBI) has permitted UPI transactions using prepaid payment instruments (PPIs) through third-party apps, enabling more flexibility for PPI holders.
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27 Dec, 2024
Delhi Homebuyers Prefer Ready-to-Move-In Apartments: Magicbricks
Magicbricks reports 80% of Delhi homebuyers prefer ready-to-move-in apartments, with a focus on commercial areas, parking, and furnished options.
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27 Dec, 2024
Rupee Hits Record Low of 85.50 vs Dollar
The Indian rupee fell to a record low of 85.50 against the US dollar on Friday, driven by a strong greenback and increased month-end demand from banks and importers. The central bank's stance on dollar payments and rising crude oil prices also contributed to the decline.
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27 Dec, 2024
Max Estates Sells Rs 845 Cr Luxury Homes in Noida
Max Estates has sold luxury residential properties worth Rs 845 crore in Noida. The second phase of its 'Estate 128' project achieved pre-sales booking value of Rs 845 crore within a week of launch, surpassing the company's original guidance of Rs 800 crores.
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27 Dec, 2024
Adani Ports Orders 8 Tugs from Cochin Shipyard for Rs 450 Crore
Adani Ports and Special Economic Zone Ltd (APSEZ) has ordered 8 tugs from Cochin Shipyard for Rs 450 crore, boosting port efficiency and safety in India.
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27 Dec, 2024
Sensex, Nifty Rise on Bank, Auto Stocks - Dec 27
Indian stock markets closed higher on Friday, driven by gains in bank and auto sectors. Sensex rose 0.29% to 78,699.07, while Nifty climbed 0.27% to 23,813.40.
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27 Dec, 2024
Neilsoft Files IPO Papers with Sebi to Raise Funds
Neilsoft, a technology-driven engineering services company, has filed draft papers with Sebi to raise funds through an IPO. The IPO comprises a fresh issue and an offer for sale by promoters.
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27 Dec, 2024
Limelight Diamonds Opens First Chennai Store, Expands Lab-Grown Diamond Retail
Limelight Diamonds, a lab-grown diamond brand, opens its first Chennai store as part of its expansion plan to open 7 new stores by year-end. The company highlights the growing demand for lab-grown diamonds.
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27 Dec, 2024
Manmohan Singh Encouraged Technocrats in Govt: Rakesh Mohan
EAC-PM member Rakesh Mohan remembers former PM Manmohan Singh's encouragement for young technocrats to join government & play a role in policy-making.
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27 Dec, 2024
JSW Energy Appoints Feby Koshy as EVP - Head of Thermal
JSW Energy appoints Feby Koshy as EVP-Head Thermal, effective December 30. Koshy brings over 32 years of experience in the power sector.
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27 Dec, 2024
Manmohan Singh: Architect of India's Economic Liberalization
Industry bodies remember Manmohan Singh as the architect of India's economic liberalization, praising his path-breaking reforms and visionary leadership.
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27 Dec, 2024
Aluminium Futures Rise on Fresh Bets - PTI
Aluminium prices surged in the futures market on Friday due to fresh positions built by speculators, fueled by a positive spot market trend and demand from consuming industries.
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27 Dec, 2024
Hero Future Energies Commissions 29 MW Solar Project in Karnataka
Hero Future Energies has commissioned a 29 MW solar project in Karnataka, generating 33 million units of green energy annually and reducing carbon emissions by 31,624 tonnes. The project will serve the Commercial and Industrial (C&I) sector in Karnataka.
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27 Dec, 2024
Crude Oil Futures Rise on Spot Demand
Crude oil futures prices rose on Friday due to increased buying spurred by strong spot demand. Learn more about the factors influencing oil prices.
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27 Dec, 2024
Silver Futures Surge: Prices Jump to Rs 90,140/kg
Silver futures prices rose sharply on Friday, reaching Rs 90,140 per kg on the Multi Commodity Exchange, driven by increased investor interest and bullish sentiment.
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27 Dec, 2024
Rupee Hits All-Time Low: 85.80 vs US Dollar
The Indian Rupee plunged to a record low of 85.80 against the US dollar on Friday, driven by rising US bond yields and foreign investor selling. Read more.
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27 Dec, 2024
Leo Puri Appointed Fortis Healthcare Chairman
Leo Puri, a veteran financial leader, has been appointed Chairman of Fortis Healthcare. He will guide the company's strategic direction and operations.
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27 Dec, 2024
Gold Futures Rise on Spot Demand - PTI
Gold prices surged in futures trade on Friday, driven by firm spot demand and increased speculation. Gold futures rose by Rs 209, reaching Rs 77,036 per 10 grams on the Multi Commodity Exchange.
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27 Dec, 2024
PFC Consulting Develops Transmission System for Green Hydrogen in Mundra
PFC Consulting has formed a special purpose vehicle to develop a transmission system for green hydrogen and ammonia production in Mundra, Gujarat.
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27 Dec, 2024
NTPC REL Begins 37.50 MW Solar Supply in Gujarat
NTPC Renewable Energy Ltd (NTPC REL) has started commercial supply of 37.50 MW from its 200 MW Gujarat Solar PV Project in Sadla. The project brings NTPC's total capacity to 76,598.18 MW.
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27 Dec, 2024
NBCC Wins Rs 368 Crore Contracts in Varanasi & Gorakhpur
NBCC secures Rs 300 crore contract for commercial complex in Varanasi, Rs 44 crore for AIIMS Gorakhpur, and Rs 24 crore for IIT Roorkee.
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27 Dec, 2024
Air India CEO: Profitability, Refurbishment Key for 2025
Air India CEO Campbell Wilson outlines plans for 2025, focusing on aircraft refitting, service improvements, and cost-cutting measures to achieve profitability.
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27 Dec, 2024
India's Export Prospects for 2025: Growth, Challenges & Opportunities
India's export prospects for 2025 are positive due to gradual recovery in developed markets and focus on key products. However, trade protectionism and global uncertainties pose challenges. Read about India's export strategy and key sectors.
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27 Dec, 2024
PSU Banks Profit: Rs 1.5 Lakh Cr Forecast, Deposit Concerns
Public sector banks (PSBs) in India are projected to exceed Rs 1.5 lakh crore in profit for FY'25, driven by low NPAs and credit growth. However, slow deposit mobilization remains a concern.
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27 Dec, 2024
Coal Exchange On Anvil: India Aims To Boost Output
India plans to launch a coal exchange, increase production, and promote coal gasification to meet growing demand. Coal output is expected to grow, with captive mines playing a key role. The government is also working on a sustainable coal sector.
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27 Dec, 2024
Concord Enviro Shares Surge 19% on Market Debut
Concord Enviro Systems Ltd shares jumped nearly 19% in market debut trade on Friday, exceeding the IPO price of Rs 701. The company is an integrated solutions provider for industrial water reuse and zero liquid discharge solutions.
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27 Dec, 2024
Manmohan Singh: Reformer & Great Leader - Kaushik Basu
Former CEA Kaushik Basu hails Manmohan Singh as a transformational leader who spearheaded India's economic reforms in the 90s, leaving a lasting impact on the nation.
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27 Dec, 2024
Manmohan Singh: A Tall Leader & Economist - Birla
Kumar Mangalam Birla mourns the passing of former Prime Minister Manmohan Singh, calling him a 'tallest leader' and 'finest economist' who played a vital role in India's economic liberalization.
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27 Dec, 2024
Manmohan Singh: Visionary Economist & Leader - Rajan
Raghuram Rajan remembers Manmohan Singh as a visionary economist, architect of India's economic reforms, and a man of integrity.
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27 Dec, 2024
UltraTech Acquires 8.69% Stake in Star Cement for Rs 851 Crore
UltraTech Cement has acquired an 8.69% stake in Star Cement, a Meghalaya-based cement producer, for up to Rs 851 crore. The deal strengthens UltraTech's presence in the north-eastern India market.
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27 Dec, 2024
Manmohan Singh: Architect of India's Economic Reforms
RBI Governor Sanjay Malhotra pays tribute to former Prime Minister Manmohan Singh, calling him the architect of India's economic reforms. Singh passed away on Thursday at the age of 92.
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27 Dec, 2024
India vs Australia 4th Test: Day 2 Tea Scoreboard
Get the latest score updates and highlights from Day 2 of the 4th Test between India and Australia. Australia declared their innings for 454 with Smith scoring a century. India are 51/2 at tea.
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27 Dec, 2024
Sensex, Nifty Rise on Bank Stocks, Asian Markets Rally - PTI
Indian stock markets opened higher on Friday, driven by buying in bank stocks and a positive trend in Asian markets. Sensex gained 311 points while Nifty climbed 98 points.
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27 Dec, 2024
Rupee Hits Record Low of 85.35 vs US Dollar - Business News
The Indian rupee depreciated by 8 paise to hit a new all-time low of 85.35 against the US dollar on Friday, driven by a strengthening greenback and foreign capital outflows.
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27 Dec, 2024
Agri Minister Mourns Manmohan Singh's Demise, Recalls Legacy
Agriculture Minister Shivraj Singh Chouhan mourns the passing of former PM Manmohan Singh, praising his contributions to India's economy and clean politics.
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27 Dec, 2024
Realme Aims for 18% Market Share in India with New Designs
Realme targets a 18% market share in India by 2025, focusing on innovative designs, expanded product range, and strong online & offline presence.
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26 Dec, 2024
Manmohan Singh: Architect of India's Economic Reforms
Manmohan Singh, the architect of India's economic reforms, passed away at 92. He led India through a period of economic liberalization and growth, impacting millions.
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26 Dec, 2024
Punjab Seeks Input on Agri Marketing Policy
Punjab's Agriculture Minister holds meetings with 'arhtiyas' and rice millers to gather feedback on the draft national agricultural marketing policy, expressing concerns over MSP and APMC markets.
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26 Dec, 2024
Post Office Act: New Rules & Regulations for Citizen Services
India's government introduces new Post Office Act regulations, focusing on citizen services, employment generation, and digital initiatives. Learn more about the key changes and their impact.
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26 Dec, 2024
Amit Shah Urges BBSSL to Focus on Traditional Seeds & Expansion
Cooperation Minister Amit Shah directs BBSSL to preserve traditional seed varieties, boost water-efficient crops and expand to 20,000 cooperatives by 2025-26.
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26 Dec, 2024
Choice International Gets Sebi Nod for Mutual Fund Operations
Choice International has received in-principle approval from Sebi to launch mutual fund operations, expanding its financial services portfolio and offering investors tailored investment products.
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26 Dec, 2024
NHPC Subansiri Project Suffers Rs 1,075 Cr Loss Due to Flash Floods
NHPC's 2000MW Lower Subansiri hydro project in Arunachal Pradesh incurred a loss of Rs 1,075.97 crore due to flash floods in October 2023. The company is currently undertaking restoration activities.
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26 Dec, 2024
NeGD & IPA Partner for Maritime Digital Transformation
NeGD and the Indian Ports Association have signed a pact to drive digital transformation in India's maritime sector, aiming to improve logistics, operations, and supply chain efficiencies.
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26 Dec, 2024
Peak XV Sells MobiKwik Stake for Rs 82 Cr
Peak XV Partners has divested a 1.5% stake in MobiKwik for Rs 82 crore through an open market transaction. The deal reduces Peak XV's holding in the fintech company to 1.26%.
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26 Dec, 2024
Jubilant Foods & Coca-Cola: New Beverage Partnership
Jubilant Food Ltd (JFL) signs MoU with Coca-Cola to buy sparkling drinks & other products, marking a major shift from its previous partnership with PepsiCo.
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26 Dec, 2024
Offbeat Adventures Dominate Travel in 2024: Cleartrip, Booking.com
Travel industry shifts towards offbeat adventures in 2024, driven by affordable options, visa ease, and increased accessibility. Southeast Asia and unexplored destinations gain popularity.
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26 Dec, 2024
Madhya Pradesh HC Stays Religare AGM Amid Burman Family Tussle
Madhya Pradesh High Court has stayed the Dec 31 AGM of Religare Enterprises Ltd, amidst a dispute between Chairperson Rashmi Saluja and the Burman family over an open offer.
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26 Dec, 2024
Hisense to Invest in Epack's India Plant
Hisense Group plans to acquire a 15-26% stake in Epack's new air conditioner and washing machine manufacturing plant in India. The plant will start production in 2025 and cater to both domestic and export markets.
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26 Dec, 2024
Rupee Depreciation to Hike Import Bill by USD 15 Billion: GTRI
The Indian rupee's depreciation against the US dollar is projected to increase India's import bill by USD 15 billion, according to GTRI. This weakening of the rupee will impact gold imports and industrial goods from China.
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26 Dec, 2024
Airtel Outage in Ahmedabad: Downdetector Reports Disruptions
Airtel experienced network outages in several cities, including Ahmedabad, according to Downdetector. The company confirmed a 30-minute disruption in Ahmedabad due to a fiber cut.
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26 Dec, 2024
Agriculture Secretary Promotes Traditional Seeds for Climate Resilience
India's Agriculture Secretary advocates for promoting traditional seed varieties in rainfed areas to enhance climate resilience and preserve agro-biodiversity.
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26 Dec, 2024
Bank Profitability Rises for 6th Year: RBI Report
RBI reports Indian banks'' profitability rose for the 6th consecutive year in FY24, with NPAs at a 13-year low. Read more.
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26 Dec, 2024
Unimech Aerospace IPO Oversubscribed 174.93 Times
Unimech Aerospace's IPO received an overwhelming response, with bids exceeding 174 times the shares on offer. The IPO, which includes a fresh issue and an offer-for-sale, is expected to list on the BSE and NSE.
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26 Dec, 2024
Bullion Rates Today: Gold & Silver Prices in Bengaluru
Get the latest bullion rates for gold and silver in Bengaluru. Check today's prices for standard gold, ornament gold, and silverspot.
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26 Dec, 2024
Murugappa Family Acquires MHM Holding: CCI Approves Deal
Mavco Investments and Avenue Capital Group get CCI approval to acquire MHM Holding, parent company of printing ink and chemicals firm Hubergroup. The deal involves a joint venture and cash consideration.
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26 Dec, 2024
Mankind Pharma Partners with Innovent for Sintilimab in India
Mankind Pharma and Innovent Biologics announced a partnership to exclusively license and commercialise the cancer treatment drug Sintilimab in India. The partnership aims to improve patient access to innovative therapeutic options in the region.
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26 Dec, 2024
Gold Price Rises in India, Silver Climbs - December 26
Gold prices surged Rs 250 to Rs 78,850/10g in India on Thursday, driven by firm global trends. Silver also gained, climbing Rs 300 to Rs 90,800 per kg. Read more.
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26 Dec, 2024
India's Growth Outlook: Deeper Commitment Needed Amidst Uncertainties
India's GDP growth moderated in Q2 FY25, but the outlook for Q3 appears bright. The report highlights the need for deeper commitment from all stakeholders to sustain growth amidst emerging global uncertainties.
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26 Dec, 2024
Adani Group Stocks Surge: Adani Ports Jumps 5% - Business News
Adani group stocks closed higher on Thursday, with Adani Ports leading the gains at over 5%. Get the latest business news and stock market updates here.
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26 Dec, 2024
Banking Frauds Surge in H1FY25: RBI Report
RBI report reveals a sharp increase in banking frauds in H1FY25, with the amount involved jumping eight-fold. Learn about the trends and implications for the financial system.
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26 Dec, 2024
Sri Lotus Developers Files Rs 792 Cr IPO: Bollywood Stars Invest
Sri Lotus Developers, backed by Bollywood stars and investor Ashish Kacholia, files Rs 792 crore IPO papers. The IPO includes a reservation for employees and will fund ongoing projects.
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26 Dec, 2024
India's New Manufacturing Golden Age: Tata Sons Chief's Vision
Tata Sons Chairman N Chandrasekaran sees a bright future for India's manufacturing sector, driven by global supply chain shifts and the potential to create 5 lakh jobs.
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26 Dec, 2024
WT-ECIB Scheme to Boost 1,000 New Exporters
India's WT-ECIB scheme aims to support small exporters by providing export credit working capital limits up to Rs 80 crore, benefitting an estimated 1,000 new businesses.
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26 Dec, 2024
Branded Hotels: 13-14% Growth in 2024-25 (Report)
Branded hotels in India are expected to see double-digit revenue growth in 2024-25 driven by demand surge, according to a Crisil Ratings report. Read more.
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26 Dec, 2024
Akums Group Inks €200 Million Deal for European Market
Akums Group has signed a €200 million agreement with a global pharma firm for manufacturing and supplying formulations in the European market. The deal will see Akums Group produce oral liquid formulations for various European countries.
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26 Dec, 2024
Kalpataru Group Denies Link to ED Raids, Trademark Infringement
Kalpataru Group clarifies it's not involved in a money laundering case against a UP-based group illegally using its trademark 'Kalpataru'. The group says it's taking legal action.
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26 Dec, 2024
Rupee Hits New Low: 85.27 vs US Dollar
The Indian rupee fell to a new all-time low of 85.27 against the US dollar on Thursday, driven by a strong greenback, rising crude oil prices, and increased dollar demand.
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26 Dec, 2024
ITC Hotels Opens New Welcomhotel in Jabalpur
ITC Hotels expands its reach with a new Welcomhotel property in Jabalpur, Madhya Pradesh, offering 122 rooms and over 15,000 square ft of banquet space.
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26 Dec, 2024
Haier India Revenue to Hit $1 Billion in 2024
Haier Appliances India is set to achieve a billion-dollar revenue in 2024, driven by strong summer sales, festive season, and premiumization. The company aims for Rs 11,500 crore in 2025.
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26 Dec, 2024
RBI Forms AI Ethics Panel for Financial Sector
The Reserve Bank of India has formed an eight-member committee to develop a framework for ethical and responsible use of AI in the financial sector, focusing on risks and compliance.
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26 Dec, 2024
India Probes LNG Fuel Tank Dumping from China
India has launched an anti-dumping investigation into LNG fuel tanks imported from China, following a complaint from a domestic manufacturer. The probe aims to protect domestic industries from unfair competition.
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26 Dec, 2024
Mangal Electrical IPO: Rs 450 Cr Fresh Issue, Facility Expansion
Mangal Electrical Industries, a Jaipur-based transformer components manufacturer, files draft papers for a Rs 450 crore IPO. The IPO will be used for working capital, facility expansion, and debt repayment.
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26 Dec, 2024
Indian Exporters Seek Funds to Target US Amid China Trade Tensions
Indian exporters seek Rs 750 crore to tap into US export potential amid tariff threats on Chinese goods. They also seek extension of Interest Equalisation Scheme and tax benefits.
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26 Dec, 2024
Acme Solar Secures Rs 1,988 Cr Loan for 300 MW Hybrid Project
Acme Solar Holdings has secured a Rs 1,988 crore loan from PFC to develop a 300 MW hybrid renewable energy project in Rajasthan and Gujarat. The project, awarded through a SECI auction, will be funded by a term loan from PFC.
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26 Dec, 2024
Archies Expands in GCC Market with Al Hasnae Gifts Partnership
Archies, a leading greeting cards and gifts company, has partnered with Al Hasnae Gifts to expand its presence in the GCC market, with plans to reach Oman, Saudi Arabia, and Bahrain.
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26 Dec, 2024
Aluminium Futures Drop on Weak Demand - PTI
Aluminium prices fell on Thursday due to weak demand from consuming industries, with participants trimming positions in the futures market. Read more on PTI.
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26 Dec, 2024
Crude Oil Futures Rise on Spot Demand | PTI
Crude oil futures on the Multi Commodity Exchange climbed Rs 26 to Rs 6,006 per barrel on Thursday, driven by increased buying amid firm spot demand.
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26 Dec, 2024
Record 87,242 Fans at MCG for Boxing Day Test
A record 87,242 fans attended the Boxing Day Test at the MCG, setting a new attendance mark for an India-Australia Test match. The match saw thrilling cricket with debutant Sam Konstas and Jasprit Bumrah taking center stage.
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26 Dec, 2024
Silver Futures Rise on Spot Demand - PTI
Silver prices rose on the Multi Commodity Exchange on Thursday, driven by increased bets from participants. Globally, silver traded lower in New York.
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26 Dec, 2024
Gold Futures Rise Rs 302 to Rs 76,572/10g - News
Gold futures prices surged Rs 302 on December 26th, reaching Rs 76,572 per 10 grams on the MCX, driven by firm spot demand and speculative buying.
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26 Dec, 2024
Wedding Budgets Surge: Glitz is Back, but Ceiling Not Yet Hit
Indian weddings are back to lavish spending, with budgets soaring. Destination weddings and immersive experiences are driving the growth. Explore the latest trends and insights from industry experts.
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26 Dec, 2024
Small-Cap Stocks Shine: D-Street Minnows Deliver Big Returns in 2024
Indian small-cap and mid-cap stocks have soared in 2024, driven by strong domestic liquidity, robust economic fundamentals, and government initiatives. Experts predict continued growth in these sectors in 2025.
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TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.84 (+ 5.00)
- 32044606
- Vodafone Idea L
- 7.47 ( -1.32)
- 28725439
- Shangar Decor
- 5.70 ( -4.04)
- 23235210
- Cressanda Railway
- 8.51 (+ 4.29)
- 21815360
- Teamo Productions HQ
- 2.37 (+ 4.87)
- 17662214
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