CATEGORIES

Steel sector must cut dependence on imported coal

Coal and Mines Minister G Kishan Reddy on Thursday urged the steel sector to cut dependence on imported coal and make required changes in technology.

Nykaa Fashion CEO Nihir Parikh quits

Nykaa Fashion chief executive officer Nihir Parikh has resigned and has been relieved with immediate effect, a regulatory filing said on Thursday.

NBFC-MFIs' asset growth to moderate at 5% in FY25 on stricter norms

Stricter lending norms adopted in face of a slew of concerns will restrict asset growth of NBFC-MFIs to 5 percent in FY25, a report by Icra said on Thursday.

CCPA seeks more info from Ola Electric on consumer complaints

The Central Consumer Protection Authority (CCPA) has sought additional documents and information from Ola Electric with regards to the show cause notice issued in October related to 10,644 complaints, according to a regulatory filing by the company on Thursday.

NHAI to raise ₹1,000 cr through green bond

NHAI on Thursday said its special purpose vehicle DME Development Ltd (DMEDL) will raise Rs 1,000 crore through green bonds to implement climate-friendly measures on the Delhi-Mumbai Expressway project.

Vi to raise ₹2K cr from Vodafone Grp

Debt-ridden telecom firm Vodafone Idea on Thursday said its board will consider a proposal to raise Rs 2,000 crore from entities belonging to promoter Vodafone Group.

Myntra taps into quick commerce with M-Now

M-Now is set to expand to a mix of metro and non-metro cities across the country in the coming months

Mishtann Foods, MD Hiteshkumar Patel, three others banned from capital markets till further orders

Sebi on Thursday restrained five entities, including Mishtann Foods and its promoter and CMD Hiteshkumar Gaurishankar Patel, from the securities markets till further orders for alleged financial mismanagement, fraudulent transactions, and corporate governance lapses.

Jaiprakash Associates' outstanding loan at ₹55,526 cr as on Nov 10, 2024

Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates, which is facing insolvency proceedings, has a total outstanding loan of Rs 55,525.89 crore as on November 10, 2024.

Indian businesses shouldn't be too reliant on one supply chain

JAISHANKAR ON CHINA | EAM calls for a 'balanced' approach

OPEC, allies extend voluntary production cut of crude oil till March-end

Eight member nations of the Organization of the Petroleum Exporting Countries and its allies have further extended their voluntary production cuts of crude oil till March-end, according to an official statement by the cartel.

NCLT initiates insolvency proceedings against Trig Guardforce over dues to cafe

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against M/s Trig Guardforce Limited, a security solutions provider, following a petition filed by a Goregaon-based cafe.

OnePlus to invest ₹6,000 cr in India business over next 3 yrs

Smartphone maker OnePlus on Thursday said it plans to invest up to Rs 6,000 crore in its India business over the next three years, one of the largest investments by a Chinese mobile phone company in the country in recent years.

ITC to increase FPOs to 4,000 in next 4 years linking a crore farmers

ITC is expanding its network of FPOs, further aiming to connect one crore farmers in the next 4-5 years and scaling up sourcing of fruits and vegetables through this platform, said its Agri Business Division CEO S Ganesh Kumar.

Gilts rise slightly on foreign inflows; market awaits MPC outcome

Government bond prices ended slightly higher on foreign investment inflows, and bets of a softer monetary policy as the Reserve Bank of India's Monetary Policy Committee concludes its meeting Friday, dealers said.

RBI to announce monetary policy decision today morning

The Reserve Bank on Friday morning will announce the decision on interest rate after the conclusion of the three-day monetary policy panel meeting, amid high inflation and weak GDP growth numbers.

Q2 CAD to widen to a 7 qtr high of 1.6%: Report

The current account deficit (CAD) for the September quarter is set to widen to 1.6% -- the most in the last seven quarters -- a report said on Thursday.

GOVT OPEN TO IDEA OF ALTERNATE FINANCING MODELS FOR MSMES: GOYAL

Commerce and Industry Minister Piyush Goyal on Thursday urged the industry to share specific issues they are facing in accessing bank credit and suggested that the government is open to exploring alternate financing models for MSMEs.

Deregulation to be big theme of Economic Survey 2024-25

Deregulation will be the big theme for the upcoming Economic Survey 2024-25 with an aim to push job creation and increase female workforce participation, Chief Economic Advisor V Anantha Nageswaran said on Thursday.

India poised to capture 10-12% of global MedTech market in 25 years: EY report

India is set to significantly expand its presence in the global medical technology (MedTech) industry, increasing its market share from the current 1.6 to 10-12% over the next 25 years, according to a report by EY India.

Apparel industry slams proposed GST hike

The apparel industry has expressed serious concerns over the proposed GST rate hike recommended by the Group of Ministers (GoM) on rate rationalisation.

Sebi mulls introducing close auction session in equity mkts

Markets regulator Sebi on Thursday proposed introducing a Close Auction Session (CAS) framework in the country to determine the closing price of stocks in the equity cash market.

Home cooked meals get dearer in Nov

Home cooked meals became dearer in November compared to the year-ago period due to higher prices of tomato and potato, according to a report on Thursday.

Avg hsg prices up in 23 major tier II cities

The weighted average prices of housing projects launched across 23 tier-II cities during January-September this year increased up to 65 per cent, while rates fell in five cities, according to PropEquity.

Sensex jumps 809 pts ahead of RBI policy announcement

BULLS TAKE CHARGE | Markets rise for fifth straight session

IPD in Super Speciality Hospital

The much-awaited Inter Patients Department (IPD) in the Super Speciality Hospital in Government Medical College and Hospital (GMCH) has finally been started.

Rainfall causes damage to crops

The unseasonal rains and dense fog on Thursday morning caused significant damage to rabi onion seedlings, onion crops, wheat, green gram, and grapes in the taluka.

Free prosthetic limbs camp on 16

The Bharat Vikas Parishad Disability Centre in Pune has been helping persons with disabilities for 25 years.

Stalled Kalagram project resumes

To boost tourism, various initiatives were conceptualised under the leadership of former guardian minister Chhagan Bhujbal.