CATEGORIES

Adani Electricity steps up fight against power theft

Adani Electricity is committed to combating power theft, recognising it as both a criminal and social offense.

Central Railway RPF helps woman deliver a baby girl

Central Railway RPF under \"Operation Matrushakti\" has been providing all possible assistance to pregnant women in child birth in emergency situations.

Fit India Cyclothon organised in Silvassa of Union Territory

To realise the Fit India dream of Prime Minister Narendra Modi, the Ministry of Youth Affairs and Sports, Government of India, had resolved to celebrate Fit India Week.

Nifty making lower lows since 3 sessions

Till Nifty holds below 24350 zones weakness could be seen towards 24000 then 23850 zones whereas hurdles can be seen at 24350 and 24500 zones

UT Administrator pays courtesy visit to former President Kovind

The Administrator of Daman, Diu and Dadra Nagar Haveli Praful Patel paid a courtesy visit to former President Ram Nath Kovind and his family members.

Comm Ministry examining surge in gold imports in Nov

With the gold imports reaching an all-time high of USD 14.86 billion in November, the commerce ministry is examining the data, if there is any error in the compilation, an official said on Wednesday.

SEIL ENERGY IS NOW GREAT PLACE TO WORK CERTIFIED

SEIL Energy India Limited, Sim One of the largest independent power producers (IPP), has been Great Place To Work® Certified™ in India.

Powergrid board gives nod to raise 74,250 cr via bonds

State-owned Power Grid Corporation of India on Wednesday said its board has approved a proposal to raise up to Rs 4,250 crore funds through issuance of bonds on a private placement basis.

3,500 new MSRTC buses on the way

The Maharashtra State Road Transport Corporation (MSRTC) on Wednesday announced plans to add 3,500 new buses to its fleet in 2025.

Year 2025 to be exciting, challenging one for automobile industry

The year 2025 is set to shake up the automotive industry as we know it.

Sebi board tightens framework for SME IPOs

Markets regulator Sebi's board on Wednesday approved a stricter regulatory framework for small and medium enterprises (SMEs) IPO by introducing a profitability requirement.

Cybercrime portal helps save ₹3,431 cr

The national cybercrime reporting portal has helped save over Rs 3,431 crore through the resolution of 9.94 lakh complaints, Minister of State for Food and Consumer Affairs B L Verma informed Parliament on Wednesday.

Jaguar Land Rover electric car whistleblower sacked: Report

The BBC has seen evidence the multinational corporation that owns Jaguar Land Rover (JLR) arranged for a whistleblower to be sacked for raising concerns about the safety of electric cars it designed.

Govt disburses ₹331.8 cr telecom PLIs, Jabil Circuit top beneficiary

The government has disbursed a total incentive of Rs 331.86 crore to 18 of 42 beneficiaries under the telecom PLI scheme as on October 31, Parliament was informed on Wednesday.

Govt appoints Rama Mohan Rao Amara as SBI MD

The government has approved the appointment of Rama Mohan Rao Amara for the position of managing director of the State Bank of India (SBI).

BCL Industries invests ₹150 cr to set up bio-energy plant in WB

Renewable energy player BCL Industries on Wednesday said it is setting up a bio-energy plant in West Bengal with an investment of Rs 150 crore.

Reliance Nippon Life starts negotiation with IndusInd Bank on bancassurance tie up

Reliance Nippon Life Insurance, a subsidiary of debt-ridden Reliance Capital (RCAP), has initiated talks with IndusInd Bank for bancassurance partnership as the IIHL and RCAP deal has reached the final lap.

Punjab & Sind Bk raises ₹3,000 cr from maiden infrastructure bonds

State-owned Punjab & Sind Bank on Wednesday raised Rs 3,000 crore from issuance of maiden infrastructure bonds aimed at expanding infra lending.

ITC consolidates shareholding in Oberoi, Leela chains

ITC Ltd, which is demerging its hotels business from January 2025, on Wednesday said it has acquired shareholding of rival hospitality chains Oberoi and Leela from its wholly-owned arm, Russell Credit Ltd.

'We have to wait and see how Trump's threat pans out'

US prez-elect has threatened to impose reciprocal tax on India

US Fed cuts interest rates by 25 bps for 3rd time this year

The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September, CNN reported.

Net direct tax kitty grows 16.5% to ₹15.82L cr till Dec 17

The Centre's direct tax collection, net of refunds, for the period from Apr. 1 to Dec. 17 was INR 15.826 trillion, up 16.5% from the year-ago period, the finance ministry said in a release Wednesday.

Employers can file wage details till Jan 31 for higher pension

Retirement fund body EPFO has extended time till January 31, 2025 for employers to upload wage details etc regarding 3.1 lakh pending applications for pension on higher wages.

Rupee falls 3 paise to close at all-time low of 84.94 against USD

The rupee dropped 3 paise to close at an all-time low of 84.94 (provisional) against the US dollar on Wednesday, as traders await cues from the US Fed on the interest rate front.

ESIC new members addition rises 3% to 17.80 lakh in Oct

Employees' State Insurance Corporation (ESIC) registered a 3 per cent growth in new subscriber enrolments at 17.80 lakh in Oct against a year ago, according to payroll data released on Wednesday.

India's growth momentum has picked up after Q2 slowdown: Jeffries

The improvement in India's economic growth after the slowdown in the July-September quarter is visible as movement indicators like fuel consumption, vehicles tolled and air traffic have strengthened, Jefferies said in a note on Wednesday.

PE/VCs invest $4 bn in Nov

Private equity and venture capital (PE/VC) funds invested USD 4 billion in November, which was 156 per cent higher than the year-ago period but lower about 15 per cent compared with the preceding month, a report said on Wednesday.

Markets decline for third straight day; US Fed policy in focus

Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows.

Indian real estate attracts record $8.87 bn institutional investments in 2024: JLL

Institutional investment in Indian real estate rose 51 per cent to a record USD 8.87 billion during 2024 as investors look to encash strong demand for housing, office and warehousing properties, as per JLL.

Properties worth ₹22,280 crore of eco-offenders like Mallya, Choksi restored by ED: Sitharaman

Finance Minister Nirmala Sitharaman has listed several major cases where the Directorate of Enforcement has from time to time attached properties of individuals and companies connected to economic offence cases.