Mumbai, Jan 20 (UNI) The BSE Sensex dropped 259.58 pts to settle at 71,423.65 in a special trading session on Saturday. The equity market was in red as selling pressure was witnessed in FMCG, Consumer Durable and Consumer Goods stocks. The National Stock Exchange (NSE) declined 50.60 pts at 21,571.80. The NSE registered days high…
Hyderabad, (UNI) Tata Advanced Systems Ltd. (TASL), a wholly owned subsidiary of Tata Sons, on Friday announced it has signed a contract with Boeing Commercial Aeroplanes (BCA) to manufacture and supply advanced composite assemblies for the Boeing 737 MAX, 777X, and 787 Dreamliner. TASL will manufacture these components from its state-of-the-art composite manufacturing facilities located…
New Delhi, Jan 18 (UNI) The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Thursday approved equity investments by two Coal India Ltd (CIL) subsidiaries — South Eastern Coalfields Ltd (SECL) and Mahanadi Coalfields Ltd (MCL) for setting up thermal power plants at an estimated cost of Rs 21,547 crore….
Kolkata, Jan 18 (UNI) Bharti Airtel (Airtel), one of India’s leading telecommunications service providers, on Thursday announced the launch of a first-of-its-kind marketing communications platform – Airtel IQ Reach, in Kolkata. Designed to enable emerging and small & medium businesses (SMBs) in enhancing their customer engagement strategy with tailor-made communications, the platform will enable businesses…
New Delhi, Jan 15 (UNI) Amid geo-political tensions and weak demand from major advanced economies, India’s merchandise or goods exports rose 1% year-on-year to US$ 38.45 billion in December 2023, official data showed on Monday. The value of merchandise exports in December 2022 was US$ 38.08 billion. As per the data released by Ministry of…
New Delhi, Jan 13 (UNI) Oil retailer Bharat Petroleum Corporation Limited (BPCL) and Hyderabad-based Trinity Cleantech have signed a pact to set up fast charging points for 2-wheelers and 3-wheelers in the state of Uttar Pradesh. “This alliance aims to provide the adoption of electric two-wheelers (e2Ws) and electric three-wheelers (e3Ws) through the establishment of…
New Delhi, (UNI) India’s consumer price index (CPI)-based inflation rose to four-month high of 5.69% in December 2023 from 5.55% in the previous month, according to data released by Ministry of Statistics & Programme Implementation (MoSPI) on Friday. Food basket inflation in December 2023 was 9.53% as against 8.70% in the previous month and 4.19%…
Ahmedabad, Jan 10 (UNI) Remaining highly bullish on India’s growth story, top business leaders Mukesh Ambani, Gautam Adani, and N Chandrasekaran committed more investments in Gujarat on Wednesday to further grow their presence in the coastal state. Participating in the 10th edition of the Vibrant Gujarat Global Summit 2024, Reliance Industries Chairman Mukesh Ambani made…
New Delhi, Jan 8 (UNI) ONGC on Monday announced the commencement of the “first oil” production from the deepwater Krishna Godavari basin (KG-DWN-98/2 Block, situated off the coast of Bay of Bengal). This project is likely to increase ONGC’s total Oil and Gas production by 11 per cent and 15 per cent respectively, ONGC said…
New Delhi, Jan 7 (UNI) The Goods and Services Tax (GST) authorities have detected as many as 29,273 bogus firms involved in suspected Input Tax Credit (ITC) evasion of Rs 44,015 crore since May last year. In the massive drive against tax evasion, the authorities have arrested 121 persons, Finance Ministry said in a statement…
