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The Indian Coast Guard (ICG) and Jindal Steel and Power (JSP) signed a Memorandum of Understanding (MoU) on Tuesday in New Delhi

According to a press release by the Ministry Acea of Defence, the MoU aims to ensure the supply of indigenous marine-grade steel, thereby enhancing the indigenous content in shipbuilding projects undertaken by the Indian Coast Guard.

TATA MOTORS MARKS 9,00,000TH VEHICLE ROLLOUT FROM LUCKNOW FACILITY

The rollout of the 9.00,000th vehicle from the Lucknow facility is an important milestone as the facility has been pivotal in the manufacturing of advanced electric buses and has successfully delivered over 1200 units, which have cumulatively clocked lakhs of kilometres across the country

TOY IMPORTS DOWN FROM $304 MN IN FY19 TO $65 MN IN FY24

The introduction of higher import duties and the Quality Control Order (QCO) has significantly impacted the toy trade in India with imports falling drastically from USD 304.1 million in FY2019 to USD 64.9 million in FY2024.

Rents up 16% across 13 major Indian cities: Magicbricks Report

Meiled its latest rental Mag [agicbricks has unupdate for the period spanning January to March 2024, revealing a notable uptick in rents across 13 major Indian cities.

Air India Express cancels 70 flights due to mass 'Sick Leave' by crew members

Air India Express has Abeen plunged into turmoil as approximately 70 flights, primarily international ones, faced cancellations or delays due to senior crew members calling in sick.

RETAIL SALES GROW 27% YOY IN APRIL, PVS UP 16%, 2W BY 33%: FADA

In the PV segment, new model launches and favourable monsoon forecasts are set to stimulate customer interest, while bulk deals in CV segment should bolster demand in sectors like iron ore, steel, and cement

Made-in-India Vande Bharat Metro Trains Coming Soon For Faster City Connections

India is set to join the select global club of metro train rolling stock manufacturers with the introduction of domestically manufactured 12-coach trains.

Paytm's UPI Transactions Drop Again, Market Share Shrinks

The company cornered 8.4 per cent market share in the UPI applications' ecosystem in April. The share has come down from 10.8 per cent and 9.13 per cent

Bombay HC grants interim bail to Jet Airways founder Naresh Goyal on medical grounds

The Bombay High Court on Monday granted interim bail to Jet Airways founder Naresh Goyal, who was arrested by the Enforcement Directorate (ED) in a money laundering case, for two months on medical grounds.

5 booked as NCP alleges cash distribution by Ajit Pawar’s party in Baramati LS seat

The Pune police on Tuesday registered a non-cognisable offence against five persons after NCP (Sharadchandra Pawar) alleged that some individuals belonging to the Ajit Pawar-led NCP distributed cash to voters in Bhor town of the district ahead of the polling for Baramati Lok Sabha seat, an official said.

UDDHAV THACKERAY DOES 'DOUBLE-FACED POLITICS' TOTALLY OPPOSITE TO BALASAHEB: SHINDE

In an all-out attack on his former party chiefturned-rival, Maharashtra Chief Minister Eknath Shinde on Tuesday accused Uddhav Thackeray of doing \"dogli rajneeti\" (double-faced politics) and alleged that his predecessor was plotting an attack on his house while pretending to be making a peace offer for his return to the Shiv Sena after they split nearly two years ago.

SUPREME COURT SEEKS EXPLANATION FROM REGISTRY AGAINST LISTING OF CASE WITHOUT FOLLOWING PROPER PROCEDURE

The Supreme Court in the case Rahul Vinodkumar Board Jain vs. State Of Maharashtra observed and sought an explanation from its Registrar, the Judicial against the listing of the case without following the proper procedure.

SUPREME COURT: AUTHORITIES MUST STRICTLY FOLLOW TIME LIMIT TO PROCESS AND ISSUE REFUNDS DELHI VAT ACT

The Supreme Court in the case Commissioner Of Trade And Taxes Versus FEMC Pratibha Joint Venture observed and has held that the department must mandatorily adhere to the time limit for processing and issuing the refunds as stated under Section 38 of the Delhi Value Added Tax Act, 2004.

SUPREME COURT UPHOLDS MINIMUM MARK CRITERIA FOR INTERVIEW: HIGH SCORE IN WRITTEN EXAM ALONE DOES NOT DETERMINE MERIT’ JUDICIAL SERVICE

The Supreme Court in the case Abhimeet Sinha And Ors. Versus High Court OfJudicature At Patna And Ors. observed and has upheld the constitutionality of the Rules wherein stipulating minimum qualifying marks in the viva voce test which being as a part of the selection criteria for the appointment to the District Judiciary in the State of Bihar and State of Gujarat.

EMIRATES ANNOUNCES FIRST 9 DESTINATIONS TO JOIN ITS A350 NETWORK

These aircraft are slated to serve shortto medium-haul routes within the Emirates network, with Bahrain being the debut destination.

Nvidia nears all-time high on AI spending surge

Nvidia shares are rapidly approaching their previous all-time highs set in March of this year, propelled by robust capital expenditure from key clients and in anticipation of strong earnings expected later this month.

Toyota Motors sees earnings boost from Hybrids as EV excitement cools

Toyota Motor is anticipated to experience a significant boost in demand for hybrids when it announces its annual earnings on Wednesday. This underscores how the leading automaker globally stands to gain as enthusiasm for battery electric vehicles diminishes.

Tata Electronics starts limited semiconductor chip exports

Nata Electronics Ltd has Tcommenced exporting a limited quantity of semiconductor chips packaged at a pilot line located in its Bengaluru research and development center.

FADA, Frost Sullivan survey to aid auto sector with customer insights

The Federation of Automobile Dealers Associa tions (FADA), representing India's Automobile Retail Sector, has partnered with Frost & Sullivan to lead an ambitious initiative known as the Customer Experience Index (CEI). This quantitative research aims to evaluate customer satisfaction and experience comprehensively.

INDIA PERMITS EXPORT OF NONBASMATI WHITE RICE TO MAURITIUS

The central government has permitted exports of 14,000 tons of non-basmati white rice to Mauritiu

Apple designs AI chip for data centers Project ACDC)

Apple Inc. is reportedly in the process of developing its own chip designed to power artificial intelligence (AI) tools in data centers, as reported by the Wall Street Journal.

LNG trading booms in anticipation of India’s need

In April, liquefied natural gas (LNG) futures trading volumes experienced a significant surge amidst rising demand and geopolitical tensions, indicating robust activity in anticipation of the upcoming summer season.

Media industry cries foul, national broadcasting policy too restrictive

The Indian government’s National Broadcasting Policy has encountered significant criticism from television broadcasters, film and TV producers, and other industry bodies who argue that the proposed regulations could severely restrict freedom of expression. The policy aims to encompass all forms of media, including streaming video and audio platforms, under a unified regulatory framework.

INDIA'S FMCG INDUSTRY SOARS 6.6% LED BY COUNTRYSIDE CONSUMPTION

NielsenIQ noted a shift as rural consumption outpaced urban demand in the March quarter, with rural markets experiencing a 7.6% surge compared to urban markets’ 5.7% growth.

Spotify Trials Lossless Audio Feature

Reports suggest that Spotify is currently experimenting with lossless audio streaming capabilities. This isn’t the initial endeavor by the Swedish audio streaming service to introduce support for lossless audio on its platform.

More Than 23 Million Afghans Urgently Require Humanitarian Aid: UNAMA Report

The latest report from the United Nations Assistance Mission in Afghanistan (UNAMA) paints a bleak picture, revealing that a staggering 23.7 million people are in desperate need of humanitarian assistance as of 2024, as reported by Khaama Press.

India And Ghana To Launch Mobile Payments System Within 6 Months

In a landmark move aimed at fostering closer economic ties, India and Ghana have agreed to expedite the process of linking their respective payment systems.

Tata CLiQ Luxury expands its pre-owned category

After the successful launch of the pre-owned category earlier this year, Tata CLiQ Luxury, India’s premier luxury lifestyle platform, has expanded the category further by onboarding Ziniosa.

WON'T GO BACK TO BJP EVEN IF IT OPENS DOOR: UDDHAV THACKERAY

Shiv Sena (UBT) chief Uddhav Thackeray on Sunday said even if the BJP opens the door for him, he will not go back to his former ally, accusing the saffron party of sinking his government in 2022 through ‘treachery’.

SUPREME COURT: BANK VICARIOUSLY LIABLE FOR CONDUCT OF ITS EMPLOYEES

The Supreme Court in the case Leelawati Devi And Anr. v. District Cooperative bank Ltd. observed and has held that recipients of a fixed deposit cannot suffer at the cost of the criminal conduct of the Bank officials and that, in such kind of an event the Bank would be held vicariously liable for the such kind of conduct of their employees.