GOYAL HOLDS BILATERAL WITH NEW ZEALAND TRADE MINISTER TO BOLSTER TRADE TIES

Ministers Piyush Goyal of Commerce and Industry and Todd McClay of New Zealand jointly acknowledged the significance of trade facilitation. They deliberated on strategies to streamline trade processes, diminish barriers, and foster a favorable environment for businesses and investors from both nations, as stated by the commerce ministry

Schneider electric's Hyderabad factory named WEF sustainability lighthouse

Schneider Electric, the leader in the digital S transformation of energy management and automation, today announced that its Hyderabad, India, factory has been recognized by the World Economic Forum as a Sustainability Lighthouse.

Google launches live view walking navigation in India 2024

Google Maps will launch address descriptors from India early next year, marking its first global launch from the country, a senior company executive said on Tuesday.

SMBC EXTENDS $120 MN LOAN TO AIR INDIA FOR A350-900 PURCHASE

Japan's SMBC lends $120 mn to Air India to buy A350-900 aircraft Air India borrows $120 million from Japan's SMBC to buy Airbus plane

Profits of unlisted corporate sector have weakened in post Covid era

Notwithstanding the more than 2x rise in profits (profit after tax, PAT) of listed companies in the last three years, the aggregate corporate profit has been largely stable to only slightly better. It means that the profits of the unlisted sector have actually worsened materially in the post-Covid period, as per a research by Motilal Oswal.

Delhi govt mulls Rs 5-10k fines on impounded vehicles

The Delhi government on the verge of formalising a policy for the release of overage vehicles impounded by the Transport Department, in line with Delhi High Court's directives.

FORD CANCELS SALE OF TAMIL NADU PLANT TO JSW GROUP

JSW Group had reached a definitive agreement to purchase the Ford facility for approximately $100 million; however, Ford canceled the arrangement because it is no longer seeking

Tata Boeing Aerospace delivers 250th fuselage for AH-64 Apache

Tata Boeing Aerospace Limited (TBAL) has reached a significant milestone by delivering the 250th fuselage for the AH-64 Apache attack helicopter from its cutting-edge facility in Hyderabad.

Blackstone sells 23.5% stake in Embassy REIT for Rs 7,100 crore

On Wednesday, Blackstone, the global investment firm, divested its complete 23.5% ownership in Embassy Office Parks REIT for approximately Rs 7,100 crore, as per insider information.

Israel Looks to India for thousands of construction Workers

A delegation of \"selectors\" from Israel visited India last week, and another senior team is set to depart for India next week. Their mission is to initiate the recruitment process for thousands of workers, addressing the acute shortage faced by Israel's construction industry, as stated by a senior executive from the Israel Builders Association on Wednesday.

UPI transactions soar by 118% in semi-urban, rural retail stores in 2023

The year 2023 witnessed a remarkable surge in United Payments Interface (UPI) transactions at retail stores in rural and semi-urban areas of India, reflecting a growing trend in the adoption of online payments in Tier-II cities.

INDIA TARGETS US-LEVEL ROADS INFRASTRUCTURE IN NEXT 5 YEARS: GADKARI

Nitin Gadkari, the Minister of Road Transport and Highways, has outlined an ambitious plan for India to match the road infrastructure standards of the United States within the next five years. The goal also includes efforts to alleviate congestion in metros, significantly reduce travel time, and minimize road accidents

Board of JTL Industries Greenlights Rs 1,200 cr investment proposal

JTL Industries Ltd said its board has approved an investment proposal of Rs 1,200 crore in the company’s arm JTL Tubes Ltd to set up a project in Maharashtra.

WOMAN ARRESTED IN RS 6,600 CR 'BITCOIN PONZI SCHEME' CRACKDOWN

The Enforcement Directorate (ED) has apprehended Simpy Bhardwaj, also known as Simpy Gaur, and seized three luxury cars along with jewelry in the latest action against the promoters of a ‘bitcoin ponzi scheme.’

13 NEW COVID CASES REPORTED IN MUMBAI AFTER MONTHS

Maharashtra recorded 13 new COVID-19 cases, all confined to Mumbai, marking the first instance of a two-digit figure in several months.

Elgar Parishad case: HC grants bail to Gautam Navlakha; stays order for 3 weeks

The Bombay High Court on Tuesday granted bail to activist Gautam Navlakha, arrested in the Elgar ParishadMaoist links case.

MUMBAI POLICE ARREST 2 FROM LUXURY CAR THEFT GANG; 5 CARS WORTH RS 1.5 CRORE RECOVERED

Two accused were apprehended by Mumbai’s Dindoshi Police for stealing luxury cars on demand and five vehicles worth Rs 1.5 crore were recovered from them, a press statement said.

NCLT DELHI: AMALGAMATION OF 'SOLE PROPRIETORSHIP FIRM' WITH 'COMPANY' IS NOT PERMISSIBLE UNDER LAW

The National Company Law Tribunal, NCLT bench in the case M/s SVS Marketing Sanitaryware Private Limited vs M/s Kajaria Bathware Private Limited observed wherein the bench comprising of Judicial Member, Shri Ashok Kumar Bhardwaj and the Technical Member, Shri L.N. Gupta observed and has dismissed the application.

CALCUTTA HIGH COURT BAR ASSOCIATION REQUESTED WITHDRAWAL OF ALL JUDICIAL WORK FROM JUDGE OVER ADVOCATE'S ARREST, RESOLVED TO NOT ENTER HIS COURTROOM

The Calcutta High Court Bar Association has passed a resolution wherein it has been decided by the members of the Bar Association to unanimously refrain from entering the courtroom of Justice Abhijit Gangopadhyay unless the latter apologises for holding Advocate Prosenjit Mukherjee in the case of criminal contempt.

TIME TO SETTLE POK ISSUE ONCE & FOR ALL!

Considering challenges that terrorism pose, another lapse in the security of Parlt is a very serious issue

UAE: BEEAH TAKES BOLD STEP TOWARDS NET-ZERO EMISSIONS BY 2040

In a ground-breaking commitment, BEEAH, under the leadership of Khaled Al Huraimel, Group CEO, has declared its ambitious goal to achieve net-zero emissions by 2040.

15% increase in air traffic at UAE airports during COP28

The United Arab Emirates’ airports recently saw a remarkable 15 percent increase in air traffic during the 28th Conference of the Parties (COP28) hosted at Expo City Dubai, according to Saif Mohammed Al Suwaidi, the Director-General of the General Civil Aviation Authority (GCAA).

ADB advocates overhaul of tobacco taxation in high-burden Asian countries

Tobacco use remains a formidable global health challenge, and the Asian Development Bank (ADB) has undertaken a comprehensive study to reassess tobacco taxation strategies in high-burden Asian countries.

Air India unveils new brand identity at Delhi and Mumbai airports

Air India on Tuesday announced that it has started the rollout of its recently unveiled global brand identity across guest touchpoints, beginning with a full switch across digital and online channels and rebranding at Delhi and Mumbai airports. It had announced its new brand identity in August this year.

SPICEJET STARTS A $270 MN CAPITAL RAISE FOR THE GO FIRST ACQUISITION

The company has also initiated a process of raising fresh capital of around $270 millionto \"strengthen its financial position and provide resources to invest in growth plans

Tamil Nadu tops state Logistics rankings again

Tamil Nadu is this year’s top performer in a central government tool ranking states and union territories in terms of logistics infrastructure.

PM UJJWALA YOJANA ILLUMINATES KITCHENS ACROSS INDIA

PM Modi Ujjwala Yojana emerges as a beacon of change in kitchens across India. Yojana emerges as a beacon of change in kitchens across India

Over 800k EVS registered between Jun and Dec 2023; up 19% YoY

The Ministry of Heavy Industries reported that a total of 819,223 electric vehicles (EVs) have been registered between June and December this year, according to a press release.

India expected to contribute over 16 percent to global growth: IMF

India has positioned itself as a star performer in global economic growth, with projections indicating a contribution of over 16 percent to the worldwide growth, according to the International Monetary Fund (IMF).

IMF forecasts 6.3% growth for India in FY 2023-24

The International Monetary Fund (IMF) has projected a growth rate of 6.3 percent for the Indian economy in the current financial year 2023–24 and the subsequent year.