CATEGORIES

BCML to finalise ₹2K cr PLA project post UP's bioplastic policy fine print

Integrated sugar producer Balrampur Chini Mills Limited (BCML) on Friday said the company will finalise its Rs 2,000 crore investment in India's first industrial PLA (polylactic acid) bioplastic manufacturing plant once the policy fine print is released.

HDFC Bank records loan growth of 7% in Q2

The credit book was Rs 23.54 lakh crore as of September 30 last year

Nissan invests $100 mn to boost India as Magnite export hub

Japanese automaker Nissan on Friday said it has put in an additional investment of USD 100 million to strengthen India as an export hub for its compact SUV Magnite.

Vedanta reports rise in production of aluminium, zinc, iron ore in Q2

Mining giant Vedanta Ltd on Friday reported a rise in production of aluminium, zinc and iron ore in the September quarter.

Temasek in talks to pick minority stake in Haldiram's at $11 bn valuation: Report

Singaporean state investor Temasek Holdings Pte. is in early talks to acquire a 10% to 15% stake in Haldiram Snacks Pvt Ltd., in a potential deal that could value the iconic Indian snack brand at around $11 billion, according to a report by Bloomberg.

EaseMyTrip resumes bookings to Maldives

Travel tech platform EaseMyTrip.com – which suspended flight bookings to Maldives in January after a diplomatic row with India – on Friday said it has resumed bookings to the island nation after \"improved bilateral ties\" between both governments.

SolarfiX India ropes in Japan-based Kanemasa for solar module mfg in India

SolarfiX India on Friday said it has signed a pact with Japan-based Kanemasa to develop 10 GW solar module capacity in India by 2030.

Time for UPI to break language, location barriers: GPay's Bulusu

While Unified Payments Interface, commonly referred to as UPI, has been a resounding success worldwide, more work is required to break barriers of language, location, and gender, said Sharath Bulusu, Director, Product Management, Google Pay on Friday.

Rakesh Gangwal buys Southwest Airlines shares worth $108 mn

Rakesh Gangwal, co-founder of IndiGo, has acquired 3.6 million shares of American carrier Southwest Airlines for USD 108 million.

Markets turn topsy-turvy; Sensex, Nifty slump nearly 1%

BEAR GRIP | Sensex tumbles 808.65 pts; Nifty slumps 200.25 pts

Asia-Pacific's private credit mkt poised for growth: Moody's

Private credit markets in the Asia Pacific region have grown rapidly over the past decade and it will continue to expand, driven by niche demand amid growing economies, said Moody's Ratings.

Gold hits fresh all-time high of ₹78,450 per 10 gm

Gold prices rose by Rs 150 to hit a fresh all-time high of Rs 78,450 per 10 grams in the national capital on Friday on increased demand from jewellers and retailers driven by the ongoing festive season.

Cost of veg thali increased 11% in Sep

The cost of home-cooked veg thali increased 11 per cent (year-on-year) in the month of September while non-veg thali became cheaper by 2 per cent, a report showed on Friday.

NSE, Limaye, 8 others settle TAP case with Sebi

A decade old case was resolved by National Stock Exchange (NSE), its former chief Vikram Limaye and eight others with market regulator Sebi for alleged bypass of trading access point (TAP) system by certain brokers with payment of Rs 643 crore as settlement.

India's Sept services PMI falls to 57.7, lowest in 10 months

In September, India's services sector expanded at the weakest pace in 10 months, with the HSBC Purchasing Managers' Index falling to 57.7 from 60.9 in August, data released by S&P Global on Friday showed.

Govt committed to fiscal consolidation to lower borrowing costs: Sitharaman

The government is committed to lowering the fiscal deficit, which will not only keep bond yields in check but will also bring down borrowing costs across the economy, Finance Minister Nirmala Sitharaman said Friday.

Govt to soon float tenders for 10 GW of battery energy storage projects

The government will soon invite bids for 10 gigawatts of battery energy storage projects, an official said on Friday.

India closely watching oil prices: Sources

The Finance Ministry is closely watching developments in West Asia but is not worried about crude oil prices, government sources said.

Talks on totalisation pact with US to continue

Commerce and Industry Minister Piyush Goyal has said that India will continue to engage with the US on the proposed social security or totalisation pact and it will take time.

RBI says banks' group entities cannot be used to circumvent norms

The Reserve Bank of India said on Friday group entities of banks shall not be used to circumvent guidelines applicable to the parent for carrying on business activities that are not otherwise permitted, Reuters reported.

India's forex kitty jumps $12.58 bn to hit record high of $704.88 bn

India's forex reserves jumped by USD 12.588 billion to a new all-time high of USD 704.885 billion for the week ended September 27, the Reserve Bank said on Friday.

HC stays Sattar's order on corruption report

CSN | Govt received complaints regarding ₹88 crore corruption

9,166 appear for PET 2024

A total of 11,476 candidates had registered for PET, and 9,166 (80%) appeared for exam

Security enhanced for Navratri

NASHIK | Navratri begins with fervour at Kalika and Saptashringi temples

Sena UBT worker assaulted by 'BJP'

A Shiv Sena (UBT) worker was assaulted over a social media post allegedly by BJP functionaries in Nanded in Maharashtra, a police official said on Thursday. As per complainant Santosh Wadvale (39), he was kidnapped by a group of persons between 7pm and 8pm on Tuesday from Bahyegaon area, taken to a farmhouse and assaulted with sticks and a sword, the Nanded Rural police station official said.

Special buses sent for Modi's public meeting in Washim

A public meeting of Prime Minister Narendra Modi will be held at Pohara Devi in Washim district on October 5. The administration has booked 125 state transport buses from the Nanded depot for the people going for the meeting from Nanded.

Police vehicle meets with accident

In a major incident near Rahud Ghat, close to Chandwad, a police vehicle supporting the convoy of Maharashtra Chief Minister Eknath Shinde met with an accident. The mishap left 12 policemen from Nashik rural injured, who are now receiving treatment at the Government Hospital in Chandwad. Chief Minister Eknath Shinde is on an official visit to Nashik district, including a visit to the constituency of Minister Dada Bhuse.

1 held by Police with illegal firearm

The Adgaon Crime Investigation Team successfully apprehended a suspect in possession of an illegal country-made pistol. A case has been registered at the Adgaon police station, and further investigations are ongoing.

Maha tops in attracting foreign invts: Samant

Nashik MP Rajabhau Waje and MLA Seema Hiray were among the other prominent attendees

NDTA seeks truck terminal

The Nashik District Transport Association (NDTA) has submitted a request to Industries Minister Uday Samant, asking for the truck terminal at Ambad Industrial Estate to be handed over to them on a no-profit-no-loss basis. The demand was made during a meeting between Nashik Transport Association representative Rajendra Phad, Industries Minister Uday Samant, and MLA Seema Hire.