CATEGORIES

August passenger car sales drop 1.8% in India

Total passenger vehicle sales in India declined 1.8 per cent in August to 352,921 units, as against 359,228 units same month last year, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday.

Maruti Suzuki launches the Epic New Swift S-CNG

Maruti Suzuki India Limited (MSIL) launched the S-CNG variant of the Epic New Swift on Thursday.

AUTOMOBILE INDUSTRY HAILS PM E-DRIVE SCHEME

The Society of Indian Automobile Manufacturers (SIAM) and big auto players have hailed the Cabinet decision of PM e-DRIVE schemes aimed at promoting electric mobility across the country.

Mahindra & Mahindra set to launch e-ZEO

Mahindra & Mahindra's commercial vehicle manufacturing unit, Mahindra Last Mile Mobility Limited (MLMML), has announced the launch of its electric four-wheeler, 'e-ZEO', slated for October 3, 2024.

INDIA WILL SOON EXPORT LITHIUM-ION BATTERIES: NITIN GADKARI

Union Minister of Road Transport Highways, Nitin Gadkari on Tuesday said that India will soon be in a position to export lithiumion batteries.

Auto component sector on road to reach $100 bn export: Piyush Goyal

Commerce Minister Piyush Goyal expressed confidence that the auto component sector will reach the USD 100 billion export target by 2030, making the sector one of the largest job creators in the country.

RR KABEL POSTS RECORD Q1 REVENUE, POISED FOR LONG-TERM GROWTH

RR Kabel is a 20-yearold wire and cable industry company with 5 manufacturing facilities in the country having been listed on the stock exchanges recently.

SEBI DISPOSES OF CO-LOCATION CASE AGAINST NSE

The Securities and Exchange Board of India (SEBI) has disposed of proceedings against the stock exchange NSE, its former Vice Chairman Ravi Narain, former Chief Executive Officer Chitra Ramakrishna, former Group Operating Officer Anand Subramanian, and others in the colocation case.

Ministry of Labour & Employment holds meeting with industry leaders

The secretary of Ministry of Labour and Employment held a meeting with industry leaders on Employment Linked Incentive (ELI) Scheme.

Sharjah's Sky One may invest in Indian aviation market

Sky One, based in Sharjah, UAE, offers a broad spectrum of aviation services, including charters, asset trading, training, and maintenance, catering to diverse industry needs.

Reserve Bank of India imposes monetary penalty on three NBFCs

The Reserve Bank of India (RBI) has imposed monetary penalties on three nonbanking financial companies (NBFCs) for regulatory lapses and non-compliance with various RBI directives.

Foreign investors pump Rs 16,881 crore into Indian stocks this week

Foreign Portfolio Investors (FPIs) continued their bullish stance on Indian stocks, infusing Rs 16,881.03 crore in the second week of September, according to data from the National Securities Depository Limited (NSDL).

INDIA'S COAL PRODUCTION SURGES BY 5.85 PC IN FY 2024-25

The coal production in the country increased substantially during the fiscal year 2024-25, as per the Ministry of Coal.

FM DISCUSSES INVESTMENT OPPORTUNITIES WITH DFC

Union Finance Minister Nirmala Sitharaman held a meeting with a delegation from the US International Development Finance Corporation (DFC) here in the national capital.

'Jail Wala' CM now 'Bail Wala': BJP's Gaurav Bhatia takes jibe at Kejriwal

Bharatiya Janata Party (BJP) leader Gaurav Bhatia on Friday took a jibe at Delhi Chief Minister Arvind Kejriwal saying the 'jail wala' CM has become a 'bail wala' CM now.

UPSC aspirants death case: Delhi HC grants interim bail to 4 co-owners of basement

The Delhi High Court on Friday granted interim bail to four co-owners of a basement linked to the tragic deaths of three IAS aspirants in Old Rajinder Nagar.

Supreme Court Warns States/High Courts Which Have Not Filed Compliance Affidavits Establishment Of Gram Nyayalayas

The Supreme Court in the case National Federation Of Societies Foe Fast Justice And Anr.

Vishakhapatnam Bar Association Undertakes Before Supreme Court Not To Abstain From Court Work In Future, After Contempt Notice

The Supreme Court in the case Superwhizz Professionals Pvt.Ltd. v. Union of India & Ors observed wherein the Vishakhapatnam Bar Association has filed an affidavit undertaking that it would not boycott and/or encourage lawyers to abstain from court work in future.

BJP On Arvind Kejriwal's Bail: Supreme Court Has Shown Mirror To Delhi Chief Minister, He Should Resign

The BJP stated that the Delhi Chief Minister Arvind Kejriwal should immediately resign from his post as the Supreme Court has granted him only conditional bail and that he continues to be an accused in the corruption case linked to the excise policy 'scam'.

Supreme Court Sets Aside High Court Condition That Accused Who Got Bail Can Furnish Bail Bonds Only After Spending 6 Months In Custody

The Supreme Court in the case Vikash Kumar Gupta Versus the State Of Bihar observed and has set aside the bail condition imposed by the Patna High Court to the effect that the bail bonds needs to be furnished by the accused after completion of 6 months in custody which being from the date of the order.

Supreme Court: Alleged Involvement In Crime No Ground To Demolish Legally Constructed Property, Such Demolition Against Rule Of Law

The Supreme Court in the case Javedali Mahebubmiya Saiyed v. State of Gujarat & Anr. observed that the alleged involvement in a crime is no ground for demolishing a legally constructed property.

Govt notifies foreign exchange rules 2024 to simplify investments and ease of doing business

The Ministry of Finance on Thursday notifies the new Foreign Exchange (Compounding Proceedings) Rules 2024 to simplify rules and regulations for foreign investments.

INDIA'S FOREIGN EXCHANGE RESERVES CONTINUE TO RISE HITTING FRESH HIGH OF $689.2 BILLION

According to the latest data from the RBI released today, India's foreign currency assets (FCA), the largest component offorex reserves, rose by USD5.107 billion to USD 604.144 billion.

SEBI chief term all recent allegations as 'false, incorrect, malicious and motivated'

In a joint statement on Friday, SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch out rightly termed the allegations labelled against them in the recent past as \"false, incorrect, malicious and motivated\".

India's priorities in SCO shaped by PM's vision of SECURE, says Commerce Secy

In the 23rd meeting of Ministers from the Shanghai Cooperation Organisation (SCO), Commerce Secretary Sunil Barthwal noted that India's priorities within the SCO align with Prime Minister Narendra Modi's vision of a 'SECURE' SCO, which stands for Security, Economic Development, Connectivity, Unity, Respect for sovereignty and territorial integrity, and Environmental protection.

DFPD and FCI sign MoU to boost efficiency in food grain distribution

The Department of Food and Public Distribution (DFPD) and the Food Corporation of India (FCI) have signed a Memorandum of Understanding (MoU) for the fiscal year 2024-25 to improve the efficiency and accountability of food grain procurement and distribution.

Adani Group rejects allegations concerning Swiss bank accounts, terms them baseless

The Adani Group has rejected and denied \"baseless allegations\" over reports concerning freezing of some funds in Swiss bank accounts.

SEBI disposes of co-location case against NSE and others without any further action

The Securities and Exchange Board of India (SEBI) has disposed of proceedings against the stock exchange NSE, its former Vice Chairman Ravi Narain, former Chief Executive Officer Chitra Ramakrishna, former Group Operating Officer Anand Subramanian, and others in the colocation case.

Solarium Green Energy Limited Files DRHP with BSE SME

Solarium Green Energy (Solarium, The Company), specialising in Turnkey solutions, including design, engineering, procurement, testing, installation, commissioning, transmission systems, and comprehensive O&M services, has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO, The issue size will be of up to 55,00,000 Equity Shares.

Max acquires 64 pc stake in Jaypee at an enterprise value of Rs 1660 crore

Max Tax Healthcare on Friday Lannounced the acquisition of a 64 per cent stake in the Jaypee Healthcare, the company informed the exchange in a filing on Friday.