Ideaforge IPO to raise Rs 567 cr
Mumbai: Drone manufacture ideaForge's initial public offer (IPO) will open for subscription next week on 26 June (Monday) to raise capital of Rs 567 crore.
Finance
Indian market: Sensex gains 195.45 pts
Mumbai: The BSE Sensex on Wednesday added another gains of 195.45 pts to close at 63,523.15 on renewed buying in Utilities, Power, Financial services and Telecommunications stocks.
Rupee rises 5 paise against USD
Mumbai/UNI: Rupee on Wednesday gained five paise at 82.07 in the opening trade against the US Dollar on selling of US Dollar by bankers and exporters, dealers at Foreign Exchange said.
Sensex up 260 points
Mumbai/UNI: The BSE Sensex on Wednesday spurted 260 pts at 63,587.70 in opening trade as buying was seen across the board.
Air India firms up order for 250 Airbus aircraft, selects new services
Paris: Airlines major Air India has firmed up its order for 250 Airbus aircraft and selected an Airbus maintenance and digital package to power the airline’s transformation and growth strategy.
Google plans to move some Pixel production to India from China: Report
New Delhi: Google is exploring options to assemble its Pixel smartphones in India, following a similar strategy to Apple's move to diversify production beyond China, reported Bloomberg.
Centre appoints SBI veteran Swaminathan Janakiraman as RBI deputy governor
Mumbai: The government has appointed Swaminathan Jankiraman, the managing director of the State Bank of India (SBI), as the Deputy Governor of the Reserve Bank of India (RBI), an official notification said.
Jammu and Kashmir Lieutenant Governor Commends ICAI for contributions to economic development policies
In a recent residential meeting of members from the Institute of Chartered Accountants of India (ICAI) held in Srinagar, Lieutenant Governor Manoj Sinha of Jammu and Kashmir praised the organization for its invaluable support in implementing various policies linked to economic development.
CCI approves HDFC's acquisition of more shares in insurance companies
New Delhi: The Competition Commission of India (CCI) Tuesday said it has approved the proposed combination involving the acquisition by Housing Development Finance Corporation Ltd of certain additional shareholding of HDFC ERGO General Insurance Company Ltd and HDFC Life Insurance Company Ltd.
Senior IAS officer Amit Agrawal assumes charge as CEO of UIDAI
New Delhi: Senior IAS officer Amit Agrawal assumed charge as the Chief Executive Officer (CEO) of the Unique Identification Authority of India (UIDAI) on Monday.
NHPC participates in Annual Meeting of International Commission on Large Dams in Sweden's Gothenburg
New Delhi: NHPC Limited, India’s largest hydropower development organisation, participated in the 91st Annual Meeting of the International Commission on Large Dams (ICOLD 2023), held in Gothenburg, Sweden from 11th to 15th June 2023.
Employees' Provident Fund adds 17.20 lakh members in April
New Delhi: The Employees' Provident Fund Organisation (EPFO) recorded a net addition of 17.20 lakh members in April this year, according to the payroll data released on Tuesday.
Air India firms up order for 250 Airbus aircraft, selects new services
Paris/IBNS: Air India has firmed up its order for 250 Airbus aircraft and selected an Airbus maintenance and digital package to power the airline’s transformation and growth strategy.
SEBI directs Edelweiss Broking to be more cautious in reporting suspicious transactions
Mumbai: Stock market regulator Securities Exchange Board of India (SEBI) has instructed Edelweiss Broking to be more cautious when reporting suspicious transactions, Moneycontrol reported.
Krafton Inc partners with Haute Couture Automobile icon Bugatti for Battlegrounds Mobile India
New Delhi: Krafton, Inc., South Korean gaming company on Tuesday announced a new partnership with automotive haute couture icon Bugatti, providing players with a once in a lifetime opportunity to get behind the wheel of two of the most exclusive supercars in existence.
IndiGo orders 500 Airbus A320 family aircraft, breaks Air India's aircraft order
New Delhi/IBNS: IndiGo has announced a 500-aircraft deal with Airbus, the largest in aviation history.
Airbnb signs an MoU with the Ministry of Tourism to showcase India’s heritage stays and promote cultural tourism
Mumbai: Airbnb on Monday signed a Memorandum of Understanding (MoU) with the Ministry of Tourism, Government of India, to promote India as a most sought-after high-potential tourism destination and shine a spotlight on its rich cultural heritage.
Gross Direct Tax collections for FY 2023-24 grow of 12.73%
New Delhi: Direct Tax collections for the Financial Year 2023-24, as on June 17 show that net collections are at Rs 3,79,760 crore, compared to Rs. 3,41,568 crore in the corresponding period of the preceding Financial Year i.e. FY 2022-23, representing an increase of 11.18%.
IRCTC dismisses Congress claim on Adani-Trainman deal
New Delhi: The Indian Railway Catering and Tourism Corporation (IRCTC) on Sunday rebuffed Congress general secretary Jairam Ramesh's statement regarding Adani's acquisition of Trainman, an online train booking and information platform.
IRCTC dismisses Congress claim on Adani-Trainman deal
New Delhi: The Indian Railway Catering and Tourism Corporation (IRCTC) on Sunday rebuffed Congress general secretary Jairam Ramesh's statement regarding Adani's acquisition of Trainman, an online train booking and information platform.
Amazon business saw 102 pct YoY increase in customer registrations from Kolkata
Kolkata: With approximately 6.5 lakh sellers on the platform and more than 16Cr GST enabled products, Amazon Business continues to act as one stop destination for business customers in Kolkata.
Marico says its Nihar Naturals Hair Oil touches over 50 pct market penetration in West Bengal
Marico Limited on Friday said its Nihar Naturals Hair Oil has touched over 50 percent market penetration in West Bengal.
Domestic airlines register 36.10% annual growth in passenger count and monthly growth of 15.24%
New Delhi: Passengers carried by domestic airlines registered an annual growth of 36.10% and monthly growth of 15.24%, the ministry of civil aviation said Friday citing traffic data provided by different domestic airlines.
Govt announces opening of series 1 of Sovereign Gold Bonds: Check out issue price, terms of discount and more
New Delhi: The government on Friday announced the opening of the first series of Sovereign Gold Bonds for the current financial year 2023-24.
NTPC subsidiary commissions 1 MW rooftop solar power project at IIT Jodhpur, to meet 15% of IIT’s electricity needs
New Delhi: NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly owned subsidiary of NTPC, commissioned its first Rooftop Solar Photovoltaic Project at IIT Jodhpur in Rajasthan on Wednesday.
OpenAI CEO Sam Altman Meets Indian Prime Minister Narendra Modi to Discuss AI's Role in India's Digital Transformation
OpenAI CEO Sam Altman recently met with Indian Prime Minister Narendra Modi in New Delhi. The meeting coincided with three crucial developments: India's chairmanship of the Global Partnership on AI (GPAI), the drafting of AI regulations through the Digital India Bill, and the country's push for conversational AI tools in administrative tasks.
India's CPI inflation eases to 4.25 pct in May, lowest figure in 25 months
India's retail inflation in May stood at a 25-month low point of 4.25 per cent, as per data released by the Indian government on Monday.
Maharashtra: Nitin Gadkari inaugurates Rs 816 crore Shelad to Nandura section project on Amravati-Chikhali National Highway 53
New Delhi: Union Road Transport and Highways Minister Nitin Gadkari Saturday inaugurated the Shelad to Nandura project on Amravati-Chikhali National Highway 53 at Khamgaon, Buldhana, Maharashtra.
Union ministers Parshottam Rupala and Sarbananda Sonowa inaugurate the Cochin fishing harbour modernisation and upgrade project
Cochin: The Cochin fishing harbour modernisation and upgrade project was inaugurated on Saturday by Union ministers Parshottam Rupala and Sarbananda Sonowal in Kerala’s Thoppumpady on Saturday.
Young entrepreneur from Jammu and Kashmir winning hearts with her Raghba The Desire Store venture
Srinagar: A young entrepreneur from Nowpora Tral is promoting the rich cultural heritage of Kashmir through her venture known as 'Raghba The Desire Store'.