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JLR India monitoring demand for battery electric vehicles
Jaguar Land Rover is actively monitoring the demand for battery electric vehicles in India and would \"strategise\" the introduction of further models into the nation based on the developing circumstances.
Tata Steel's 500M pound deal with UK Govt for Port Talbot plant
On Friday, the United Kingdom and Tata Steel jointly announced an investment package worth £1.25 billion (roughly $1.55 billion), including a government grant of £500 million ($621 million), to secure the future of Port Talbot operations in Wales, the nation's largest steelworks, and give the structurally unsound company a new lease on life.
Sidbi plans Rs 10,000 cr rights issue next fiscal
The Small Industries Development Bank of India (Sidbi), which refinances SME loans, intends to do a Rs 10,000 crore rights issue the following fiscal year to increase its equity capital as it anticipates asset growth to Rs 5 lakh crore by March 2024 from roughly Rs 4 lakh crore in March 2023.
Dabur targets Rs 7,000 crore in home and personal care revenues
FMCG giant Dabur Inday that it aims to achieve sales of Rs 7,000 crore over the next two years by growing its Home and Personal Care (HPC) segment in double digits. The business aims to generate Rs 5,000 crore in revenue from the healthcare sector.
REC APPROVES LOANS FOR GREENKO AND SERENTICA RENEWABLES
The construction of a 1,440 megawatt Standalone Pumped Storage Project, Greenko, a provider of renewable energy, has received a loan from REC Limited in the amount of Rs 6,075 crore
Raj to tap tourism potential in selected districts
The Rajasthan government has recently announced plans to identify and tap the tourism potential of new sites in selected districts of the state.
DIESEL SALES DECLINE, PETROL CONSUMPTION UP IN SEPTEMBER
Although consumption had dropped by 10.5 percent in the first half of July, it rebounded in the latter half of the month
SBI to send chocolates to borrowers likely to default on mth repayments
The nation's largest lender, State Bank of India, is adopting a novel way to ensure timely repayments, especially by its retail borrowers, by greeting those likely to default on monthly installments with a pack of chocolates.
India, Brazil begin talks to resolve sugar related trade dispute
India and Brazil have started talks to mutually resolve a sugar related trade dispute at the World Trade Organisation (WTO) and as part of the solution the South American nation may share ethanol production technology with New Delhi, an official said.
FPIs take out Rs 4,800 crore from equities in first fortnight
Foreign portfolio investors (FPIs) have pulled out close to Rs 4,800 crore from equities in the first fortnight of September on rising US bond yields, a stronger dollar, and concerns over global economic growth.
PM LAUNCHES RS 13K CRORE 'PM VISHWAKARMA' SCHEME
The scheme offers collateral-free enterprise development loans at a concessional interest rate in 2 tranches of Rs 1 lakh and Rs 2 lakh, respectively
ODROO SCOOPS "TOP 10 MOST PROMISING DELIVERY SERVICES OF 2023" ACCOLADE
On-demand multi-vendor super app, Odroo, has carved a niche as a one-stop solution for a broad spectrum of everyday needs, offering users access to everything from groceries and restaurant delivery to pharmacy services and retail shopping at their fingertips.
Redington Ltd to offer latest iPhone and Apple Watch series across India
Tech solutions provider, Redington Ltd, has announced its plans to retail the latest iPhone and Apple Watch series throughout India, reaching customers in over 7,000 retail locations nationwide, as of Saturday.
Techknowgreen Solutions targets Rs 16.72 crore in upcoming IPO
Environmental consultancy firm, Techknowgreen Solutions Limited, has disclosed plans to launch its Initial Public Offering (IPO) aiming to garner Rs 16.72 crore in capital.
Pixis nets $85m to enhance Al marketing suite
Bangalore-based Pixis, front runner in the Ban codeless AI infrastructure arena, has successfully raised $85 million in a series C1 funding round, elevating its total capital amassed to a remarkable $209 million. Spearheaded by Touring Capital, the round saw contributions from both fresh and returning investors, including General Atlantic, Grupo Carso, Celesta Capital, and Chiratae Ventures.
PM MODI INAUGURATES RS 49,000 CRORE PETROCHEMICAL PROJECT
In a significant boost to India's petrochemical sector, Prime Minister Narendra Modi laid the foundation stone for a mega petrochemical project at BPCL's Bina Refinery in Madhya Pradesh on September 14.
KERALA HC ADVOCATES FOR PILGRIMAGE GUIDELINES
The High Court of Kerala has called upon the state government to, if necessary, issue guidelines for the Sabarimala pilgrimage during its monthly puja opening, considering the Nipah outbreak in Kozhikode district.
Tushar Gandhi files defamation suit against Sambhaji Bhide
Tushar Gandhi, an author and the great-grandson of Mahatma Gandhi initiated a private criminal suit against founder of the Shri Shiv Pratishthan Hindustan organisation Sambhaji Bhide in a Pune court due to the latter's \"defamatory\" statements against the Mahatma Gandhi.
SC PROPOSES EXTENSION OF COVID-19 AID TO ALL ORPHANS
The Supreme Court has emphasised that regardless of the circumstances leading to the orphanhood of a child, they should be treated equally.
Rahul Navin Ascends as Acting Director of ED
Rahul Navin, the Special Director of the Enforcement Directorate, has been appointed as the in-charge Director of the ED until the appointment of a regular Director or until further orders.
Asaram Bapu's parole request under review by Rajasthan HC
Self-styled godman Asaram, whose plea for relief was twice denied, has approached the Rajasthan high court seeking parole.
PAKISTAN'S FORMER PM IMRAN KHAN APPEALS FOR BAIL
Former Pakistan Prime Minister Imran Khan F filed a petition in the Islamabad High Court (IHC) on Saturday, seeking postarrest bail in the cipher case. This decision comes after the special court dedicated to cases filed under the Official Secrets Act rejected Imran Khan's earlier plea for the same relief.
Tata Motors launches Nexon.ev in India
Tata Passenger Electric Mobility, a subsidiary of Tata Motors and the pioneer of India's EV revolution, has launched the all-new Nexon.ev, marking a significant leap forward for the entire Indian auto industry.
Citroen opens bookings for C3 Aircross SUV in India
French carmaker Citroën has announced the start of bookings for the upcoming Citroën C3 Aircross SUV. The introductory starting price of the all-new Citroën C3 Aircross SUV will be INR 9.99 lakh.
NITIN GADKARI URGES AUTO DEALERS TO AID GOVERNMENT
Minister of Road Transport & Highways Nitin Gadkari called upon automobile dealers to take up initiatives for scrapping centres, fitness centres and driving training centres as India aims to position itself as the world's leading auto manufacturing hub.
Mercedes unveils EQE 500 4matic luxury SUV in India
Mercedes-Benz India has launched the highly luxury BEV from its global portfolio, the EQE 500 4MATIC SUV to further strengthen its Luxury BEV portfolio, underlining its aggressive BEV roadmap planned for India.
GreenCell, VECV forge deal to supply Eicher e-buses
GreenCell Mobility (GreenCell), a player in the electric mass mobility space and VE Commercial Vehicles (VECV) have signed an agreement aimed at jointly participating in the rapidly evolving Indian electric vehicle (EV) market, by supplying 1,000 Eicher electric buses for its inter-city business, NueGo, over the next 5 years, with both parties working together to ensure industry-leading vehicle engineering, data integration and safety features in these buses.
OCEAN ACIDIFICATION: THE SILENT CRISIS THREATENING MARINE LIFE AND HUMAN HEALTH
Ocean acidification is often dubbed as the evil twin of climate change, and rightly so. The ocean is the planet's biggest carbon sink. Since we have started burning fossil fuels and started producing CO2, half of it has been absorbed by the ocean.
GIPCL LEVERAGES RENEWABLE ENERGY PUSH FOR ROBUST GROWTH
Headquartered in Vadodara, the Gujarat Industries Power Company Limited (GIPCL) has been a significant player in the electrical power generation sector since its inception in 1985.
PM TO DEDICATE 'YASHOBHOOMI' TO THE NATION ON 17 SEPTEMBER
The Prime Minister will inaugurate the first phase of the India International Convention and Expo Centre (IICC) - dubbed 'YashoBhoomi' in Dwarka this Sunday. This marks a pivotal step toward realising a vision for a globally competitive meetings, incentives, conferences, and exhibitions (MICE) infrastructure in India.