Reporter News - IBJ Bureau
NTPC’s subsidiary NGEL’s arm starts operation of 38-mw...
- Oct 20, 2025
State-owned NTPC has begun commercial operation of a 38-mw solar power capacity of its step-down subsidiary in Gujarat.The new unit is a part of the...
ENBD to snap up 60% in RBL Bank for Rs 26,853 cr in largest...
- Oct 19, 2025
Emirates NBD (ENBD) will buy a 60 per cent stake in private lender RBL Bank for Rs 26,853 crore. This is the largest cross-border acquisition in the...
Banks can tap the M&A funding boom only by honing their...
- Oct 18, 2025
In a significant step, the Reserve Bank of India (RBI) has permitted Indian banks to finance mergers and acquisitions (M&A) within the country....
Ola Electric drives into BESS market with launch of...
- Oct 17, 2025
Bhavish Aggarwal-led Ola Electric has announced launch of Ola Shakti, a portable device that can be used to power ACs and refrigerators at home,...
HMIL drives in Rs 45,000-cr India plan, names first Indian...
- Oct 16, 2025
South Korea’s Hyundai Motor Company is doubling down on India with investments of Rs 45,000 crore by FY30 and elevating an Indian, Tarun Garg, for...
Google picks Visakhapatnam for India’s first, gw-scale,...
- Oct 15, 2025
Google has announced a $15-billion investment to set up a large-scale artificial intelligence (AI) hub in Visakhapatnam, Andhra Pradesh, its biggest...
Joel Mokyr, Philippe Aghion, Peter Howitt win 2025 Nobel...
- Oct 14, 2025
Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel Prize for economics on Monday for their work on how innovation and the forces of...
Tourism set for a CAGR of 25%, empowering people: Gajendra...
- Oct 13, 2025
Union Minister Gajendra Singh Shekhawat has said that the tourism sector contributes Rs 20 lakh crore to India’s GDP and is expected to grow at a...
Several job cuts on as US shutdown enters 12th day, Mr...
- Oct 12, 2025
President Donald Trump has blamed Democrats for his decision to lay off thousands of workers across the US government, as he has followed through on...
Rift between Tata Group and SP Group widens with the latter...
- Oct 11, 2025
The Shapoorji Pallonji (SP) Group has called for a public listing of Tata Sons as a “moral and social imperative”. This may queer the pitch for a...
Modi, Starmer strengthen bilateral ties, ink defence deals...
- Oct 10, 2025
India and the UK have signed two defence deals worth over $800 million and have also agreed to collaborate further in education, clean energy,...
Modi opens Rs 19,650-cr Navi Mumbai airport, set to start...
- Oct 09, 2025
Prime Minister Narendra Modi on Wednesday inaugurated the first phase of the Navi Mumbai International Airport (NMIA), built at a cost of around Rs...
Airbus A320 flies past Boeing 737 to become the world’s...
- Oct 08, 2025
Europe’s Airbus has broken a major commercial barrier, with its A320 family of planes overtaking the Boeing 737 to become the most-delivered...
CRISIL sees moderate rise in gross NPAs of banks’ MSME...
- Oct 07, 2025
Gross non-performing assets (NPAs) of the banking system’s micro, small and medium enterprises (MSMEs) portfolio are likely to rise moderately to...
SPVs with industry partners planned to upgrade 1,000 ITIs...
- Oct 06, 2025
Special purpose vehicles (SPVs) with credible anchor industry partners will be set up under the Rs 60,000-crore Pradhan Mantri Skilling and...
Financial assets worth Rs 1.82 lakh crore lying unclaimed...
- Oct 05, 2025
Financial assets worth Rs 1.82 lakh crore are lying unclaimed with banks and regulators, and institutions need to ensure that these reach the...
Overseas loans to get cheaper for India Inc, if govt...
- Oct 04, 2025
The Reserve Bank of India (RBI) has proposed a significant easing of rules for external commercial borrowings (ECBs). The proposal is aimed at making...
Abu Dhabi’s IHC to purchase 41% in Sammaan Capital for Rs...
- Oct 03, 2025
Abu Dhabi-based International Holding Company (IHC), the most valuable holding company in West Asia, has entered into definitive agreements to...
Manufacturing expands at a slower pace in September amid...
- Oct 02, 2025
Manufacturing activity continued to expand in September but at a slower pace as the Manufacturing Purchasing Managers’ Index (PMI) stood at 57.7,...
NMDC bags 15 awards at the 15th PRCI Excellence Awards 2025
- Oct 01, 2025
NMDC, India’s largest producer of iron ore, has been recognised for its outstanding contributions to corporate excellence, inclusive leadership and...
India must grow at 12.2% to avoid slipping into a jobs trap...
- Oct 01, 2025
India’s economy needs to expand at an extraordinary 12.2 per cent pace each year to solve its underemployment crisis, Morgan Stanley economists...
Two Rs 4,000-crore cross-border railway lines planned...
- Sep 30, 2025
India has announced a joint plan with Bhutan to implement two cross-border rail links with Bhutanese cities of Samtse and Gelephu at a cost of more...
GST 2.0 continues to roil FMCG distributors, struggling...
- Sep 29, 2025
The government’s recent circular has brought clarity on trade discounts and credit notes under the Goods and Services Tax (GST) regime. But it has...
India in exclusive club of nations as BSNL’s swadeshi 4G...
- Sep 28, 2025
Prime Minister Narendra Modi inaugurated Bharat Sanchar Nigam’s (BSNL) indigenously-developed 4G stack on Saturday, signalling a major leap in the...
Supreme Court reverses BPSL verdict, upholds its...
- Sep 27, 2025
The Supreme Court has said that JSW Steel’s $2.3-billion takeover of Bhushan Power and Steel (BPSL) can go ahead, reversing its own earlier...
Defence Ministry seals Rs 62,370-crore deal with HAL to buy...
- Sep 26, 2025
The Ministry of Defence has signed a Rs 62,370-crore deal with Hindustan Aeronautics (HAL) for procurement of 97 Tejas Mark-1A fighter jets for the...
Shipbuilding and maritime gets Union Cabinet’s Rs...
- Sep 25, 2025
The Union Cabinet has approved around Rs 70,000-crore package for the shipbuilding and maritime sector.“In a transformative push for maritime...
Air India Express to operate 20 daily flights from Navi...
- Sep 24, 2025
The Air India Group on Tuesday announced that it will commence commercial flights from Navi Mumbai International Airport (NMIA), operated by Adani...
Goa Cabinet gives green light for Rs 2,500-crore projects...
- Sep 23, 2025
The Goa Cabinet has approved seven development projects, collectively valued at Rs 2,500 crore, to be taken on a public-private partnership (PPP)...
ONGC, OIL embarking on a Rs 3,200-cr drilling campaign for...
- Sep 22, 2025
Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) are planning to begin a Rs 3,200-crore stratigraphic drilling campaign in untapped...
India set to bear the brunt as US hikes annual fee for H-1B...
- Sep 21, 2025
The Trump administration has said that it will ask companies to pay $100,000 per year for H-1B worker visas. This has prompted some big tech...
States’ combined public debt trebles to Rs 59.60 lakh...
- Sep 20, 2025
The combined public debt of all 28 States has trebled in 10 years, rising from Rs 17.57 lakh crore in 2013-14 to Rs 59.60 lakh crore in 2022-23,...
PFRDA’s draft norms may leave non-govt NPS subscribers...
- Sep 19, 2025
The pension regulator has proposed to increase lump-sum payout to non-government sector subscribers of the National Pension System (NPS) to 80 per...
Nvidia chief disappointed with China ordering tech firms to...
- Sep 18, 2025
Nvidia CEO Jensen Huang has said that Washington and Beijing “have larger agendas to work out”. Mr Huang’s statement comes against the backdrop...
No ITC on GST paid on input services by life, health...
- Sep 17, 2025
The Central Board of Indirect Taxes and Customs (CBIC) has issued a set of frequently-asked questions (FAQs) on the nitty-gritty of the...
NITI Aayog report notes that AI can add $1.7 trillion to...
- Sep 16, 2025
The AI-based opportunities could add around $1.7 trillion towards achieving the goal of Viksit Bharat and contribute in achieving 8 per cent GDP...
Insurance Amendment Bill permitting 100% FDI likely in...
- Sep 15, 2025
Insurance Amendment Bill, which proposes 100 per cent foreign direct investment (FDI) in the insurance sector, is likely to be introduced in the...
Rs 77,000-cr rail projects on track in North-East to boost...
- Sep 14, 2025
Union Minister Ashwini Vaishnaw has said that railway projects worth Rs 77,000 crore are being implemented in the North-East region.Mr Vaishnaw made...
SEBI relaxes norms for IPOs, eases entry for low-risk...
- Sep 13, 2025
Stock market regulator SEBI’s board has cleared significant reforms, focusing on IPO regulations, simplified entry for foreign investors and a new...
Infosys unveils its largest-ever share buyback programme of...
- Sep 12, 2025
The board of directors of Infosys has approved the company’s largest-ever share buyback programme worth Rs 18,000 crore.The IT services company...
India’s renewable energy generation hits 250 gw, with...
- Sep 11, 2025
India’s non-fossil fuel electricity generation capacity has jumped over three-fold to touch 250 gw from 81 gw in 2014, New and Renewable Energy...
Consumer goods manufacturers allowed to display revised MRP...
- Sep 10, 2025
The Department of Consumer Affairs has allowed manufacturers to revise the maximum retail price (MRP) on unsold stock using stickers following...
Jaishankar stresses on need for fair and transparent...
- Sep 09, 2025
External Affairs Minister S Jaishankar has said that economic practices must be fair, transparent and to everyone’s benefit in the environment of...
SPIRITUAL CORNER - The Path of Moksha Is…
- Sep 08, 2025
Dadashri: There is only one path to moksha (ultimate liberation) and not two. When you look, you will see that there is only one path that leads to...
AT THE HELM - Sajjan Jindal, Managing Director, JSW Group
- Sep 08, 2025
Sajjan Jindal stands out starkly among India Inc. The 65-year-old chairman of the JSW Group has lined up huge investments across sectors. The...
ONGC, Mistui join hands to build, operate two VLECs to...
- Sep 08, 2025
Mitsui OSK Lines will operate two very large ethane carriers (VLECs) for Oil and Natural Gas Corporation (ONGC) to import the petrochemical feedstock...
Hindujas to invest Rs 7,500 cr to boost Tamil Nadu’s EV...
- Sep 07, 2025
Tamil Nadu (CM) Chief Minister M K Stalin has announced investment of Rs 7,500 crore by the Hinduja Group, which will boost electric vehicles (EV)...
Vedanta beats Adani to acquire debt-ridden JAL at an NPV of...
- Sep 06, 2025
Mining conglomerate Vedanta has beaten Gautam Adani’s business group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates...
Phase-II of PSA terminal at JNPA opened, Ro-Ro facility to...
- Sep 05, 2025
Prime Minister Narendra Modi, along with Singapore Prime Minister Lawrence Wong, on Thursday virtually inaugurated the second phase of the...
GST Council approves two-tier regime of 5% & 18%, sin,...
- Sep 04, 2025
The 56th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, has approved rationalisation of GST rates and abolished...
A long-awaited rating upgrade is good, but it is time for...
- Sep 04, 2025
After 18 long years, S&P Global has upgraded India’s sovereign rating to BBB from BBB-. The rating upgrade signals confidence in the...
SEBI introduces new intraday positions for equity...
- Sep 03, 2025
The Securities and Exchange Board of India (SEBI) has introduced new rules to monitor intraday positions in equity derivatives, effective October...
UPI crosses all-time high of 2,000 transactions worth Rs...
- Sep 02, 2025
Unified Payments Interface (UPI) crossed 2,000 crore transactions in August for the first time in its history, according to the National Payments...
Intel gets $5.7 bn under new CHIPS Act funding, with govt...
- Sep 01, 2025
Intel has said that it has amended the CHIPS Act funding deal with the US Department of Commerce to remove earlier project milestones and received...
US court scraps Mr Trump’s tariffs as illegal, keeps them...
- Aug 31, 2025
A divided US appeals court ruled on Friday that most of Donald Trump’s tariffs are illegal, undercutting the Republican president’s use of the...
Services, agriculture drive Q1 FY26 growth to five-quarter...
- Aug 30, 2025
The country’s GDP grew by 7.8 per cent in the first quarter of this financial year against an estimate of 6.5 per cent. The figure is also 1.3...
A23 Rummy-maker moves court against law banning online...
- Aug 29, 2025
Online gaming company Head Digital Works (A23) became the first in the industry to move against the latest Promotion and Regulation of Online Gaming...
Cabinet approves PM SVANidhi 2.0 with enhanced loan limits,...
- Aug 28, 2025
The Union Cabinet has today approved restructuring of Prime Minister Street Vendors’ Atma Nirbhar Nidhi (PM SVANidhi) Scheme. The Cabinet has also...
Maruti starts production of eVitara at Gujarat plant, to...
- Aug 27, 2025
Maruti Suzuki has begun production of eVitara in India. The electric sports utility vehicle (e-SUV) is being built at the Suzuki’s new electric...
OYO set to file draft IPO papers in November, eyes...
- Aug 26, 2025
Global travel technology company OYO is preparing to file its draft red herring prospectus (DRHP) in November, targeting valuation of $7-8 billion...
CII puts out a slew of reform measures to boost economy,...
- Aug 25, 2025
The Confederation of Indian Industry (CII) has unveiled a blueprint to accelerate India’s economic growth through a raft of reforms. The CII’s...
SMBC gets RBI’s nod to buy 4.99% in Yes Bank, taking...
- Aug 24, 2025
The Reserve Bank of India (RBI) has given an in-principle approval for Japan’s Sumitomo Mitsui Banking Corporation (SMBC) to acquire an additional...
ChatGPT-maker OpenAI set for India debut with an office in...
- Aug 23, 2025
OpenAI, the Sam Altman-led multi-billion-dollar AI startup, is officially establishing its presence in India by opening a new office in New Delhi.In...
GST rationalisation and reduction plan moves closer, with...
- Aug 22, 2025
A proposal to slash and simplify Goods and Services Tax (GST) reached a step further on Thursday, with a GST Group of Ministers (GoM) approving the...
GTRI red-flags $100-bn trade deficit with China, calls for...
- Aug 21, 2025
Global Trade Research Initiative (GTRI) has highlighted the urgent need to cut down India’s imports from ChinaThe economic think-tank has noted...
India, China agree to resume business as usual, China to...
- Aug 20, 2025
India and China have agreed to resume direct flights and step up trade and investment flows, as the neighbours rebuild ties damaged by a 2020 border...
JSW Steel and POSCO explore option of setting up a 6-mtpa...
- Aug 19, 2025
JSW Steel has announced that it has signed an agreement with South Korean steel producer, POSCO Group, to explore the possibility of jointly setting...
Foxconn starts production at its Bengaluru unit, lines up...
- Aug 18, 2025
Foxconn, the Taiwanese electronics company, has begun production of iPhone 17 at its Bengaluru facility.The unit, located in Devanahalli near...
OpenAI employees plan to sell $6 billion in shares to...
- Aug 17, 2025
Current and former OpenAI employees plan to sell approximately $6 billion of shares to an investors’ group that includes Thrive Capital, SoftBank...
Prime Minister Narendra Modi announces two-tier GST regime...
- Aug 16, 2025
Prime Minister Narendra Modi on Friday announced a “double Diwali” bonanza for the people of India, saying that next generation of Goods and...
After Mr Trump’s “dead economy” remark, S&P upgrades...
- Aug 15, 2025
S&P Global has upgraded India’s long-term unsolicited sovereign credit rating to BBB from BBB-, citing strong economic resilience and sustained...
Infosys buys 75% in Versent for Rs 1,300 crore to...
- Aug 14, 2025
Infosys has acquired a 75 per cent stake of the shareholding in the Australian IT company Versent Group for about Rs 1,300 crore.With the purchase of...
Retail inflation hits a record low of 1.55% in July,...
- Aug 13, 2025
Headline retail inflation fell sharply to 1.55 per cent in July 2025, down by 55 basis points from June’s 2.10 per cent. This is the lowest level...
Tatas-backed Indian Hotels to buy 51% each in ANK, Pride to...
- Aug 12, 2025
The Tata Group-backed Indian Hotels Company (IHCL) has entered into share subscription and purchase agreements and shareholders’ agreements to...
Stainless steel industry seeks urgent action from DGTR...
- Aug 11, 2025
Domestic stainless steel industry has filed a petition with the Directorate General of Trade Remedies (DGTR) to consider anti-dumping duties on cheap...
ICICI Bank raises monthly minimum balance for some...
- Aug 10, 2025
CICI Bank has increased the monthly minimum average balance requirement for certain customer categories, effective August 1.The move is aimed at...
AU Small Finance Bank gets universal banking licence, a...
- Aug 08, 2025
The Reserve Bank of India (RBI) has granted in-principle approval to AU Small Finance Bank (AUSFB) for transitioning from a small finance bank (SFB)...
US slaps 25% additional tariff on Indian imports, taking...
- Aug 07, 2025
US President Donald Trump on Wednesday signed an executive order, imposing an additional 25 per cent tariff on India over its purchases of Russian...
Income Tax Department detects Rs 30,444.17 crore in...
- Aug 06, 2025
Income Tax Department has detected Rs 30,444.17 crore in undisclosed income during 465 survey operations in the financial year 2024-25, according to...
JSW JFE Electrical Steel lines up Rs 5,845-crore production...
- Aug 05, 2025
A joint venture between JSW Steel and Japan’s JFE Steel will invest Rs 5,845 crore to expand production capacity of cold-rolled, grain-oriented...
SPIRITUAL CORNER - Internal Happiness – External Happiness
- Aug 04, 2025
Internal Happiness – External HappinessDadashri: However far one has walked in the wrong direction, the ego increases by that much. And by however...
AT THE HELM - Sanjay Kaul, MD and CEO, GIFT City
- Aug 04, 2025
It is a pleasant homecoming for Sanjay Kaul, as he took over as managing director and CEO of GIFT City last month. The 2001-batch IAS officer of...
BSNL inks an agreement with Numaligarh Refinery to deploy...
- Aug 04, 2025
BSNL has signed a pact with Numaligarh Refinery (NRL) for deployment of 5G private network in the refinery sector, an official statement has said.The...
M&M wraps up SML Isuzu acquisition, renames it as SML...
- Aug 03, 2025
Mahindra & Mahindra (M&M) has completed the acquisition of 58.96 per cent controlling stake in commercial vehicle manufacturer SML Isuzu and...
Seven coal blocks auctioned in the 12th round of commercial...
- Aug 02, 2025
The Union Ministry of Coal has successfully concluded the 12th round of commercial coal block auctions, with seven coal blocks awarded through...
Cabinet’s green signal for Rs 11,169-crore railway...
- Aug 01, 2025
The Cabinet Committee on Economic Affairs has approved four key railway multi-tracking projects worth approximately Rs 11,169 crore. These projects,...
US imposes 25% tariff on Indian imports as interim trade...
- Jul 31, 2025
US President Donald Trump has imposed a 25 per cent tariff on a wide range of goods from India, effective August 1, 2025. The sweeping measure, aimed...
Central agencies scrap about 11,400 mw of renewable energy...
- Jul 30, 2025
Around 11,400 mw of renewable energy procurement tenders issued by Central agencies have been cancelled till June, and the government has taken steps...
Growth engine runs out of steam, IIP grows by 10-month low...
- Jul 29, 2025
Growth of industrial production slowed to a 10-month low of 1.5 per cent in June 2025 due to poor performance of mining and power sectors. These...
US-EU reach trade deal; new tariff rate of 15% on all EU...
- Jul 28, 2025
The US struck a framework trade agreement with the European Union (EU) on Sunday, imposing a 15 per cent import tariff on most EU goods. The new...
Farm prices set to surge on supply shock due to uneven...
- Jul 27, 2025
Uneven rainfall distribution across various States in the country implies a near-term supply shock in prices of key crops, according to a report by...
Ethanol-blending target of 20% in petrol achieved five...
- Jul 26, 2025
India has successfully achieved 20 per cent ethanol blending in petrol in 2025, five years ahead of its original target set for 2030, Petroleum and...
India, UK sign mega agreement, aimed at doubling bilateral...
- Jul 25, 2025
Minister Narendra Modi and his United Kingdom (UK) counterpart Keir Starmer on Thursday witnessed the signing of landmark free trade agreement (FTA)...
REC’s net profit rises by 29% to Rs 4,451 crore for June...
- Jul 25, 2025
REC’s total income rose by 13 per cent at Rs 14,734 crore for the June 2025 quarter as against Rs 13,037 crore during the year-ago quarter. The...
Pernod Ricard to sell Imperial Blue to Tilaknagar; to focus...
- Jul 24, 2025
Pernod Ricard has said that it has agreed to sell its Imperial Blue whisky business to Indian liquor-maker Tilaknagar Industries, as the...
Govt raises tax, penalty demand of over Rs 35,105 crore...
- Jul 23, 2025
The government has raised tax and penalty demand of over Rs 35,105 crore and filed 163 prosecution complaints till March 31 under the foreign black...
Titan acquires 67% in Dubai-based Damas from Qatar’s...
- Jul 22, 2025
Titan Company will buy a 67 per cent stake in Dubai-based luxury brand Damas from Qatar’s Mannai Corporation. The Rs 2,438-crore deal is expected...
China’s EV brands Neta and Zeekr manipulate insurance...
- Jul 21, 2025
Chinese electric vehicle (EV) brands Neta and Zeekr inflated sales in recent years to hit aggressive targets,...
Jio Financial Services seals reinsurance and insurance JVs...
- Jul 20, 2025
Jio Financial Services has announced that it has entered into a binding agreement to form a 50:50 domestic reinsurance joint venture (JV) with the...
Udaan acquires ShopKirana to expand market reach, achieve...
- Jul 19, 2025
B2B e-commerce platform Udaan has acquired ShopKirana in an all-stock deal. The acquisition, the details of which have not been disclosed, is a part...
Adani to exit AWL in a Rs 10,874-crore deal with joint...
- Jul 18, 2025
Gautam Adani-led conglomerate Adani Enterprises has announced a complete exit from its FMCG joint venture, Adani Wilmar (now called AWL Agri...
NTPC gets Cabinet committee approval to invest Rs 20,000...
- Jul 17, 2025
The Cabinet Committee on Economic Affairs (CCEA) has granted enhanced functional autonomy to State-run NTPC by allowing it to invest up to Rs 20,000...
China’s Q2 GDP rises by 5.2% despite Trump tariffs,...
- Jul 16, 2025
China’s economy grew by 5.2 per cent year-on-year in the second quarter of 2025 amid ongoing trade tensions with the US, official data has...
June retail inflation slows down to a six-year low of 2.10%...
- Jul 15, 2025
Annual retail inflation slowed to a more than six-year low of 2.10 per cent in June. The inflation, measured by the Consumer Price Index (CPI) was...
Digitally-powered I-T Department aids 474% surge in tax...
- Jul 14, 2025
Taxpayers’ refunds have grown at nearly double the pace of tax collections in the last 10 years, aided by digital interventions of the Income Tax...
Government relaxes sulphur emission norms for coal power...
- Jul 13, 2025
The government has reversed a decade-old mandate to install $30 billion worth of clean-air equipment, easing sulphur emission rules for most...
Trump slaps 35% tariff on Canadian imports from August 1,...
- Jul 12, 2025
US President Donald Trump ramped up his tariff assault on Canada, saying that the US would impose a 35 per cent tariff on imports next month. He also...
Glenmark arm IGI licenses Abbvie to develop and make cancer...
- Jul 11, 2025
Glenmark Pharmaceuticals’ innovation arm Ichnos Glenmark Innovation (IGI) and AbbVie have signed an exclusive licensing agreement for IGI’s...
Viceroy terms Vedanta Resources a “parasite”, propped...
- Jul 10, 2025
A US short-seller, Viceroy Research, has flung allegations at Anil Agarwal-owned Vedanta Group, calling Vedanta Resources (VRL) a “parasite” and...
Green hydrogen demand likely to rise by 3% by 2032 to meet...
- Jul 09, 2025
India’s hydrogen demand is expected to rise at a compound annual growth rate (CAGR) of 3 per cent to 8.8 million tonnes per annum (mtpa) by 2032, a...
Capgemini to snap up WNS for $3.3 billion to leverage...
- Jul 08, 2025
Capgemini, a French business and technology transformation player, and WNS, a business transformation and services firm, have entered into a...
HCL plans Rs 400-cr copper plant in Madhya Pradesh, eyes...
- Jul 07, 2025
Hindustan Copper (HCL) is looking to build a new Rs 400-crore concentrator plant with 3 million tonnes per annum (mtpa) of capacity in Malanjkhand in...
Lenders reject Jayprakash Infratech’s resolution plan to...
- Jul 06, 2025
Lenders of Jaiprakash Associates (JAL) have turned down Jaypee Infratech’s request to accept its resolution plan to acquire the bankrupt...
Renault in tie-up talks with JSW as it rejigs partnership...
- Jul 05, 2025
French carmaker Renault is in early talks with the JSW Group for a potential joint venture in India, the Bloomberg has reported, quoting people...
AT THE HELM - Sudarshan Venu, CMD, TVS Motor Company
- Jul 05, 2025
It was a glittering event in Chennai in September 2012, all decked up for the launch of a motorbike. Riding on the 125-cc motorcycle, Phoenix,...
Defence Acquisition Council’s nod for Rs 1.05 l cr of...
- Jul 04, 2025
The Defence Acquisition Council (DAC) has given a go-ahead for ten proposals to buy military hardware, including missiles and electronic warfare...
SBI to report RCom’s loan account as fraud, finds...
- Jul 03, 2025
State Bank of India (SBI) has decided to classify the loan account of beleaguered telecom company Reliance Communications (RCom) as “fraud”. The...
Cabinet gives nod for Rs 99,446-crore scheme to boost...
- Jul 02, 2025
The Union Cabinet on Tuesday gave its nod to Employment-Linked Incentive (ELI) Scheme, aimed at encouraging large-scale job creation and...
Industrial production loses steam, May 2025 IIP growth...
- Jul 01, 2025
Growth of industrial production slowed to a nine-month low of 1.2 per cent in May 2025 due to poor performance of manufacturing, mining and power...
Republicans push Trump’s tax bill as CBO estimates spurt...
- Jun 30, 2025
Senate Republicans pushed forward President Donald Trump's sweeping tax cut and spending bill on Sunday in a marathon weekend session. However, a...
SEBI’s recent measures take another giant leap in...
- Jun 29, 2025
There was a surge of reforms at the last month’s board meeting of the Securities and Exchange Board of India (SEBI). The markets regulator unveiled...
JSW Paints to acquire 74.76% stake in Akzo Nobel for Rs...
- Jun 28, 2025
JSW Paints will buy 74.76 per cent in Dutch paint-maker Akzo Nobel’s Indian arm for about Rs 8,986 crore. The acquisition is seen as the...
New India Assurance Company slapped with GST notice of Rs...
- Jun 27, 2025
New India Assurance Company has said that tax authorities have issued a show-cause notice with a demand of Rs 2,298 crore Goods and Services Tax...
JSW Steel files review petition over BPSL case in the...
- Jun 26, 2025
JSW Steel has filed a review petition before the country’s top court, related to rejection of its $2.3-billion takeover plan of Bhushan Power and...
NITI Aayog stresses on quality of data to promote digital...
- Jun 25, 2025
NITI Aayog has released the third edition of its quarterly insights series of Future Front, titled, India’s Data Imperative: The Pivot Towards...
Oman plans to impose income tax on top earners to diversify...
- Jun 24, 2025
Oman plans to levy personal income tax as a part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons.The tax would...
Non-fossil fuel powers almost half of India’s total...
- Jun 23, 2025
Nearly half of India’s installed power generation capacity of a total of 476 gw is based on non-fossil fuel as of June. But coal-based thermal...
MNRE launches Rs 2.3-cr startup innovation challenge to...
- Jun 22, 2025
The Ministry of New and Renewable Energy (MNRE) has launched a Rs 2.3-crore startup innovation challenge with an aim to accelerate adoption of...
HAL bags SSLV technology transfer project from ISRO,...
- Jun 21, 2025
Hindustan Aeronautics (HAL) has won a bid for transfer of technology (ToT) of small satellite launch vehicle (SSLV), a key ISRO project designed to...
Govt puts more curbs on gold, silver; mixed metals shifted...
- Jun 20, 2025
The government has put further curbs on import of gold and silver. It has shifted merchandise where gold and silver are mixed with other metals or in...
SEBI relaxes norms for AIFs, FPIs to boost investments and...
- Jun 19, 2025
SEBI has permitted co-investment opportunities in unlisted securities under the AIF framework and cleared the proposal to do away with prohibition on...
SEBI allots F&O expiry days, NSE gets Tuesday, and it is...
- Jun 18, 2025
National Stock Exchange (NSE) has received capital market regulator SEBI’s nod for Tuesday as its expiry day, according to a company filing on June...
India emerges as key regional powerhouse as Nepal supplies...
- Jun 17, 2025
Nepal has begun exporting 40 mw of electricity to Bangladesh through India’s power grid. This is Nepal’s first move into the international energy...
Household savings slip for the third year in a row to 18.1%...
- Jun 16, 2025
India’s household savings have slipped to a new low for the third consecutive year, falling to 18.1 per cent of GDP in FY24, according to a report...
ITC wraps up Rs 472.50-crore acquisition of Sresta Natural...
- Jun 15, 2025
Multi-conglomerate ITC has completed acquisition of Sresta Natural Bioproducts (SNBPL), which owns the 24 Mantra Organic brand in an...
SPIRITUAL CORNER - Bliss Only In Self-Realisation
- Jun 14, 2025
Dadashri: What do all the living beings (jivas) search for? They are looking for happiness, but the happiness is short-lived. People go out to...
NTPC gets $750-million foreign currency loan from BoB and...
- Jun 14, 2025
NTPC has announced that it has signed a foreign currency loan agreement worth $750 million with the IFSC banking units of Bank of Baroda (BoB) and...
RBI relaxes norms for KYC update by banks, REs amid...
- Jun 13, 2025
The RBI has issued fresh guidelines, aimed at easing the process of know-your-customer (KYC) update, especially for accounts linked to government...
Key changes in Pride Hotels’ top leadership, Atul...
- Jun 12, 2025
Pride Hotels Group has elevated its senior leadership team to key positions across strategic regions. The move highlights the Mumbai-based...
Deal is done, claims Trump, as US and China seem to agree...
- Jun 12, 2025
Talks aimed at cooling tensions between the US and China have ended in a “deal”, according to US President Donald Trump.He has said that China...
Invest UP meet to promote GCC sector draws top corporate...
- Jun 12, 2025
Invest UP, the Uttar Pradesh government’s premier investment promotion agency, recently organised a high-profile conclave at Taj Hotel, Lucknow, to...
Government unveils VGF of Rs 5,400 crore to boost 30-gwh of...
- Jun 11, 2025
The government has announced a viability gap funding (VGF) worth Rs 5,400 crore for developing 30-gwh of new battery energy storage systems (BESS) to...
Government’s nod for Micron Semiconductor’s Rs...
- Jun 10, 2025
The government has approved Micron Semiconductor’s Rs 13,000-crore proposal to set up its special economic zone (SEZ) facility in Sanand in...
Bill Atkinson, former Apple employee who made computers...
- Jun 09, 2025
Bill Atkinson, a former employee of Apple who developed the Macintosh graphical user interface (GUI) and some early smartphones, has passed away at...
India’s extreme poverty rate dips to 5.3% as World Bank...
- Jun 08, 2025
India’s extreme poverty rate declined sharply to 5.3% over a decade from 27.1 per cent in 2011-12, even as the World Bank revised upwards its...
RBI slashes Repo Rate by 50 basis points to 5.5%, loans set...
- Jun 07, 2025
The Reserve Bank of India (RBI) lowered the Repo Rate on Friday by 50 basis points, as global economic uncertainty continues.The decision came after...
Dassault, Tata join hands to make Rafale fighter jet parts...
- Jun 06, 2025
Rafale manufacturer Dassault Aviation has partnered with the Tata Group to manufacture some parts of the fighter jets for India and other global...
Census will be conducted in two phases from March 2027,...
- Jun 05, 2025
The Centre has announced that the next nationwide census will commence from March 1, 2027.The Population Census-2027 will be conducted in two phases,...
India moves WTO for talks with US over tariffs on auto...
- Jun 04, 2025
India on Tuesday sought consultations with the US under the World Trade Organization’s (WTO) safeguard agreement over American tariffs on auto...
New policy SPMEPCI unveiled for manufacturing electric...
- Jun 03, 2025
The Ministry of Heavy Industries has announced detailed guidelines for its electric car (e-car) manufacturing policy, the Scheme to Promote...
