Fedfina expects to raise up to Rs 1,400 Cr through an IPO

By the end of 2023, Fedbank Financial Services plans to raise up to Rs 1,400 crore through an Initial Public Offering (IPO), according to a senior executive at its parent Federal Bank.

FIVE YEARS AFTER HPCL'S LEAVE, GOVT.WILL ACQUIRE SIZABLE INTEREST

Govt. had pledged Rs 30,000 Cr in capital support to state-run fuel retailers IOC, HPCL & BPCL to their energy transition and net-zero initiatives in Budget

ISRO launches PSLV-C56 carrying 7 satellites into orbit

On Sunday, Indian Space Research Or ganisation (ISRO) Chairman S Somanath said that seven Singapore satellites—pprimary satellite DS-SAR and six copassenger satellites—that blasted off into space on launch vehicle PSLV-C56 were successfully placed in orbit.

Synopsys plans to establish design facility in Odisha

Synopsys, one of the global leaders in Electronics Design and Automation (EDA) with a presence in over 25 nations, announced its plans to set up a Bhubaneswar-based design-centred facility

'People can avail trt for any type of cancer under AB-Scheme'

Union Minister Dr. Jitendra Singh, a renowned medical professional and Diabetologist, emphasized the significance of early detection in managing Type 2 Diabetes Mellitus and various lifestyle disorders.

Cong demands 35% cut in petrol, diesel prices

On Sunday, Congress launched a strong attack on the Centre over a hike in commodity prices and demanded the government to slash the prices of petrol and diesel by 35 per cent.

NCCF'S 560 TONS TOMATO SALE THRIVES ACROSS DELHI, UP, RAJ

NCCF had begun tomato sale at a subsidised rate of Rs 90 per kg on 14 July, and later reduced the price to Rs 70 per kg

Positive about India's semiconductor approach: Applied Materials

US semiconductor toolmaker Applied Materials is “positive” about India’s semiconductor approach, as it sees multiple elements of domestic consumption, strategic thinking, and enabling policies come together, according to a senior company executive.

PayPal ruling to aid India's anti-black money regime

A recent Delhi High Court A rece American online payment gateway PayPal a 'reporting entity' under the anti-money laundering law will boost India's efforts to show that its financial systems, currently under a FATF review, are becoming \"robust\", financial investigators have said.

SEBI bans Excel Realty N Infra from securities mkt for 2 yrs

Slebi has barred five entities, including Excel Realty N Infra and its promoters, from the securities market for up to two years and levied a fine totalling Rs 1.75 crore on them for being involved in a fraudulent scheme of misrepresenting the company's financial statements.

India's Per capita income seen growing nearly 70%

The country’s per capita income is likely to grow by close to 70 per cent to USD 4,000 by fiscal 2030 from USD 2,450 in fiscal 2023, helping it become a middle-income economy with USD 6-trillion GDP, more than half of which will be coming in from household consumption, says a research report.

INDIAN FOOTWEAR & LEATHER SECTOR KEY FOREX EARNER: PIYUSH GOYAL

‘Indian size of footwear will be launched soon to help distinguish Indian footwear around the globe and reduce dependence on foreign sizing trends’, Goyal said

Jio Financial Services, BlackRock JV to enter India's asset mgmt industry

Jio Financial Services Limited (JFS) and BlackRock have agreed to form a joint venture that combines their respective strengths to deliver tech-enabled access to affordable, innovative investment solutions for millions of investors in India.

AGRIZONE REVOLUTIONISES INDIAN AGRICULTURE

Agrizone is transforming India’s agricultural landscape by introducing an innovative range of farming machinery.

Disaster risk financing, G20, and the insurance

The DRRWG should play a significant role in directing capital flow towards investments that make societies and economies more disaster resilient.

JLR India Q1 FY24 sales grow 102% yoy, order book up 88%

Jaguar Land Rover, the luxury auto brand of Tata Motors has reported its best ever quarter one (Q1) sales performance with a growth of 102 per cent retailing a total of 1048 units, in the first quarter of FY24 compared to the same period last year.

BENGALURU'S BMTC TO INDUCT TATA MOTORS' ADVANCED E-BUSES

The citizens of Bengaluru will now have smarter, safer and a greener public transportation with a prototype of the Tata Motors’ smart electric bus getting flagged off on Friday.

TATA MOTORS OPENS SECOND VEHICLE SCRAPPING FACILITY

Tata Motors’ Bhubaneshwar Re.Wi.Re (Recycle with Respect) facility can scrap 10,000 vehicles annually.

VOLKSWAGEN STEPS UP BRAND PRESENCE WITH 3 NEW TOUCHPOINTS IN DELHI-NCR

Volkswagen India is strengthening its footprint and increasing brand accessibility with the inauguration of three new touchpoints in Delhi NCR, located in Dwarka, Paschim Vihar and Gurugram as it witnesses enhanced demand for its products and services across Delhi NCR.

US lawmakers propose easing Green Card wait for Indians

In a move advocating for the rights of Indian immigrants, 56 US lawmakers, led by Congressmen Raja Krishnamoorthi and Larry Bucshon, have called on the Biden administration to expedite the processing of Green Cards for applicants from India.

Chinese Vice Premier's visit fuels India's CPEC concerns

Chinese Vice Premier He Lifeng’s impending three-day visit to Pakistan, announced on July 29, underscores India’s enduring concerns over the China-Pakistan Economic Corridor (CPEC). The Vice Premier’s trip, scheduled from July 30 to August 1, coincides with the 10th anniversary celebrations of the CPEC, a project at the heart of the Belt and Road Initiative (BRI).

INDIA'S GAS PIPELINE NETWORK EXPANDS, INDUSTRY URGES GAS SUBSIDY REFORM

In a strong push to enhance the share of clean energy in India's energy basket, the Government is looking to raise the share of natural gas in the energy mix to 15 per cent in 2030, achieve 5 per cent blending of biodiesel in diesel or direct sale of bio-diesel by 2030, and have commissioned till June 2023 a total of 71 commercial-scale biogas/ CBG plants under the Sustainable Alternative to Affordable Transportation (SATAT) plan or registered on the GOBARdhan portal to contribute to the overall target of 15 MMTPA of CBG production.

OMCS' FY24 OPERATING PROFITS REBOUND TO RS 1 TRILLION: CRISIL

Profits may rebound by 3 times from FY23’s Rs 33,000 cr, as softer crude improves credit metrics.

38% of Indians have non-alcoholic fatty liver disease

A recent AIIMS study, which analysed published reports on nonalcoholic fatty liver disease in India, states that over one-third (38 percent) of Indians have fatty liver or non-alcoholic fatty liver disease.

No campaign planned on Gyanvapi issue: VHP

The Vishva Hindu Parishad (VHP) said on Friday that it would not organise any campaign on the Gyanvapi mosque issue and expressed confidence that it would get a favourable court verdict in the matter.

NCW TO SUBMIT REPORT ON MANIPUR INCIDENT

‘I have visited Manipur and met all the people concerned in the incident’ says NCW Chairperson

DELHI HIGH COURT: INTERIM BAIL GRANTED TO FORMER RAJYA SABHA MP VIJAY DARDA, SON IN COAL SCAM CASE

The Delhi High Court in the case Vijay Darga v. Central Bureau Of Investigation observed and has granted interim bail to former Rajya Sabha MP Vijay Darda, his son Devender Darda and businessman Manoj Kumar Jayaswal who were recently convicted and was being sentenced to four years of imprisonment in a coal scam case.

MANIPUR: PLEA MOVED BY PROFESSOR KHAM KHAN SUAN HOUSING'S CHALLENGING SUMMONS OVER STATEMENTS AGAINST MEITEI'S

The Supreme Court in the case Kham Khan Suan Hausing v. The State Of Manipur And Ors observed wherein the plea is moved by Professor Kham Khan Suan Hausing's challenging the summons which is issued against him by the Manipur Court.

Mechanical engineering provides multiple opportunities: IIT Delhi professor

The word “machine” is derived from an ancient Greek term that refers to a network of connected parts created to do particular activities, especially those that are difficult for humans to complete. Machines are made with a certain purpose in mind.

RUCHIRA KAMBOJ ASSUMES CHAIR OF 62ND SESSION OF CSOCD

The Chair is backed by Vice-Chairs from Luxembourg, North Macedonia, Dominican Republic, and a forthcoming African State election