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India Business News: Adani, Tunnel Rescue, Auto Price Hikes

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By Rediff Money Desk, NEWDELHI   Nov 27, 2023 21:05

Latest business news from India: Adani denies tunnel involvement, rescue efforts continue, automakers hike prices, S&P raises growth forecast.
India Business News: Adani, Tunnel Rescue, Auto Price Hikes
Photograph: Amir Cohen/Reuters
New Delhi, Nov 27 (PTI) Following are the top business stories at 2105 hours:



DEL36 BIZ-TUNNEL-LD-ADANI

Not involved in construction of Uttrakhand tunnel, says Adani group

New Delhi: Billionaire Gautam Adani's group on Monday said it has no direct or indirect involvement in the construction of Uttarakhand's Silkyara tunnel, where 41 construction workers are trapped since it collapsed more than two weeks back.


DEL45 UKD-TUNNEL-2NDLD NDMA

Manual digging to start soon to rescue workers in Silkyara tunnel: NDMA

New Delhi: Manual horizontal digging will start soon in addition to the ongoing top-down drilling to rescue the 41 trapped workers in the Silkyara tunnel in Uttarkashi, the NDMA said on Monday.


DEL43 BIZ-LDALL AUTO-PRICE HIKE

Maruti Suzuki, M&M, Audi plan price hikes in January

New Delhi: Automakers Maruti Suzuki, Mahindra & Mahindra and Audi India on Monday announced plans to hike prices of their passenger vehicles in January 2024 citing reasons, including cost pressure driven by overall inflation and increased commodity rates.


DEL30 BIZ-S&P-LD GROWTH

S&P ups India's FY'24 growth forecast to 6.4 pc, robust domestic momentum to offset headwinds

New Delhi: S&P Global Ratings on Monday raised India's growth forecast for the current financial year to 6.4 per cent, from 6 per cent, saying that robust domestic momentum has offset headwinds from high food inflation and weak exports.


DEL26 AVI-DELHI AIRPORT-ANALYTICS

Delhi airport to use predictive analysis, camera-based solutions to improve operations

New Delhi: The Delhi airport will be using predictive analytics based on artificial intelligence as well as camera-based solutions to improve operations at the airport, which is witnessing rising passenger traffic, according to a top official.


DEL25 BIZ-CITYGAS

Oil regulator adds Mizoram to 12th city gas bid round

New Delhi: Oil regulator PNGRB has added Mizoram to the areas it has offered for bidding for a licence to retail CNG and piped cooking gas in the latest city gas bid round.


DCM60 BIZ-KANT-GROWTH

India needs to forge partnership with Global South to accelerate growth: Kant

New Delhi: The country needs to work in partnership with Global South to accelerate its growth rate to achieve the dream of Vikshit Bharat (developed India) by 2047, G20 Sherpa Amitabh Kant said on Monday.
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