Manish Patil joins as ONGC's Human Resource Director
Mumbai: Manish Patil has joined as the Director (Human Resource) of the Energy Maharatna Oil and Natural Gas Corporation Limited (ONGC).
IBNS•May 05, 2023
Finance
Business and financial news
Punjab’s Cultural Renaissance in a Post-Green Revolution World
In a rapidly changing world, it is essential to adapt and evolve. The Green Revolution, which swept across the globe in the 1960s, brought with it new agricultural methods and a tremendous increase in crop production. As a recent study from Punjabi University Patiala highlights, these changes didn’t just impact agriculture – they set off a chain of cultural transformations that have shaped the lives of villagers in Punjab for the better.
IBNS•May 05, 2023
Tata Power Q4FY23 PAT grows 48% YoY to Rs 939 cr; FY23 consolidated revenue jumps 32% to Rs 56,033 cr; Board declares Rs 2 per share dividend
Mumbai/IBNS: Tata Power, one of India's major integrated power firms, on Thursday said its consolidated reported PAT in Q4FY23 rose by 48% YoY to Rs 939 crore compared to Rs 632 crore in the same period last fiscal, supported by a strong performance across all businesses.
IBNS•May 05, 2023
Yes Bank partners with Cashfree Payments to offer international payment collection service to Indian exporters
Mumbai/IBNS: Cashfree Payments and Yes Bank have come together to offer ‘Global Collections,’ an international collection service for exporters with an account in the bank.
IBNS•May 04, 2023
In more trouble for Go First, lessors of 20 aircraft want to be deregistered
New Delhi/IBNS: In more trouble for Go First, lessors of 20 aircraft to the bankrupt airline have asked the aviation regulator DGCA to deregister them, paving the way for their return.
IBNS•May 04, 2023
BharatPe rebrands its loyalty programmed PAYBACK India as Zillion
Kolkata/IBNS: BharatPe Group today announced that it will be rebranding PAYBACK India, the country’s largest multi-brand loyalty program to Zillion, the company said in a press release on Thursday.
IBNS•May 04, 2023
Exclusive primary listing of green bonds of $ 750 million of REC Ltd at GIFT IFSC stock exchanges
Gandhinagar (Gujarat): Government-owned REC Ltd has undertaken an exclusive listing of its recently issued Green bonds of $ 750 million raised under its Global Medium Term Programme of $ 7 billion at GIFT IFSC stock exchanges in a primary listing ceremony held in GIFT IFSC, Gandhinagar on May 3, 2023.
IBNS•May 04, 2023
ICICI Bank introduces auto recharge on FASTag through UPI mandate
Mumbai/IBNS: ICICI Bank today announced that it has enabled FASTag auto recharge through Unified Payments Interface (UPI) mandate.
IBNS•May 04, 2023
Adani Enterprise Q4FY23 net profit more than doubles riding on strong performance of key coal business
Mumbai: Gautam Adani led Adani Group’s flagship firm Adani Enterprises Ltd said on Thursday that its quarterly profit more than doubled, riding on a strong performance from its key coal trading division, Reuters reported.
IBNS•May 04, 2023
World Bank appoints Indian-origin Ajay Banga as its next president
The World Bank said in an official announcement that Ajay Banga has been appointed as its next president.
IBNS•May 03, 2023
ONGC’s Uran Plant collaborates with IIT-Bombay to develop innovative gas-sweetening process
Mumbai/IBNS: ONGC’s Uran Plant in Navi Mumbai has signed a research and development (R&D) agreement with the Indian Institute of Technology, Bombay (IIT-B) to develop an innovative gas sweetening process using nano-fluids.
IBNS•May 03, 2023
Adani Wilmar Ltd Q4 FY23 PAT drops 60% y-o-y to Rs 94 cr, volume grows 15%; FY23 revenue grows 7% to Rs 58,185 cr
Mumbai: Adani Wilmar Ltd on Wednesday said it recorded a 15% volume growth in Q4 FY23 while consolidated revenue witnessed a decline of 7% to Rs 13,873 crore, due to a fall in prices of edible oil.
IBNS•May 03, 2023
NTPC Group hits major milestone with 72304 MW installed capacity, including first overseas capacity addition in Bangladesh
New Delhi/IBNS: NTPC Group has reached a significant milestone in the power sector, with an installed capacity of 72304 MW.
IBNS•May 03, 2023
BharatPe acquires 51% stake in Trillion Loans
Mumbai/IBNS: Fintech group BharatPe Wednesday said it has completed its acquisition of a majority stake in Trillion Loans, a renowned NBFC (Non-Banking Financial Company) based out of Mumbai. The deal was completed in the month of April.
IBNS•May 03, 2023
Airtel enters new partnership with Bridgepointe Technologies under Global Channel Partners Programme
Kolkata/IBNS: Telecom major Bharti Airtel said it has entered a strategic partnership with Bridgepointe Technologies, a tech advisory firm that helps mid-market and enterprise companies bridge the gap between tech investments and business results.
IBNS•May 03, 2023
Coal Ministry Action Plan 2023 -24 targets 1012 MT coal production
New Delhi/IBNS: The Ministry of Coal has finalised the total coal production target of 1012 MT for FY 2023-24.
IBNS•May 03, 2023
CEPA is the growth engine for India-UAE bilateral trade
New Delhi: On the occasion of the first anniversary of the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) recently, Commerce Secretary Sunil Barthwal congratulated the people of India and the UAE on the milestone and talked about CEPA’s role as a growth engine for India-UAE bilateral trade over the past 11 months.
IBNS•May 03, 2023
4G connectivity enhancing digital economy at Indo-China border
Locals can now access new-age digital economy after the government-funded 4G tower of Airtel started services last week in Lumpo village of Arunachal Pradesh.
IBNS•May 03, 2023
UCO Bank posts highest ever annual net profit of Rs 1862.34 cr for FY23
Mumbai/IBNS: Public sector lender UCO Bank on Tuesday posted the highest ever annual net profit of Rs 1862.34 crore for the year FY23, a y-o-y growth of 100.30% against Rs 929.76 crore for FY22.
IBNS•May 03, 2023
Mahindra Auto April 2023 vehicle sale across portfolio jumps 36% to 62,294; SUV sale jumps 57% to 34,694
Mumbai: Auto major Mahindra & Mahindra Ltd Tuesday said its overall auto sales for the month of April 2023 stood at 62,294 vehicles.
IBNS•May 03, 2023
Raj Kumar Dubey takes over as Director (HR) of Bharat Petroleum
New Delhi/IBNS: Raj Kumar Dubey on Tuesday joined Bharat Petroleum Corporation Limited (BPCL) as the Director (Human Resources), the state-run refiner said.
IBNS•May 03, 2023
IT sleuths conduct raids on shopping malls in Hyderabad
Hyderabad: Income Tax (IT) officials on Tuesday raided several shopping malls here to investigate potential tax evasion.
IBNS•May 03, 2023
NMDC registers highest April month performance since inception
New Delhi/IBNS: India’s largest iron ore producer NMDC reported a production of 3.51 Million Tonne (MT) and a sale of 3.43 Million Tonne in April 2023, recording the best-ever performance for any April month in NMDC history, the Ministry of Steel said Saturday.
IBNS•May 02, 2023
NTPC’s captive mine coal prodn jumps 148%; April, 2023 despatch at record 2.95 MMT
New Delhi/IBNS: Government-owned power generator NTPC has registered a growth of 148% in coal production from its captive mines in April 2023 as compared to production registered in April last year.
IBNS•May 02, 2023
State-run MOIL registers highest-ever April manganese prodn
New Delhi/IBNS: MOIL has registered the best April production performance since inception with a production of 1.31 lakh tonnes of manganese ore in April 2023.
IBNS•May 02, 2023
Daily toll collection through FASTag reaches record high of over Rs. 193 cr
New Delhi: The daily toll collection through the FASTag system achieved a historic milestone, reaching an all-time high collection of Rs 193.15 crore with 1.16 crore transactions recorded in a single day on April 29, the Ministry of Road Transport & Highways.
IBNS•May 02, 2023
Mysterious blast at fuel station triggers panic in Jammu
Jammu: A mysterious explosion at a fuel station, believed to be caused by a short circuit in the Narwal area, has caused tremendous panic among the people.
IBNS•May 02, 2023
Bangladesh allows India's permanent access to Chattogram, Mongla ports
In a significant decision, the Bangladesh government has granted India permission to use Chattogram and Mongla ports to transit and trans-shipment cargo vessels, media reports said.
IBNS•May 01, 2023
Key economic report shows 14 million jobs worldwide will vanish in the next 5 years
Geneva: The Future of Jobs Report 2023 suggests that almost a quarter of jobs (23%) are expected to change in the next five years through growth of 10.2% and decline of 12.3%.
IBNS•May 01, 2023
Byju's ‘confident’ FEMA rules not violated: Report
After Saturday’s ED searches, Byju Raveendran, the CEO of educational platform Byju's, in a letter to his employees stated that the company has brought more foreign direct investment (FDI) to India than any other startup and no FEMA rules.
IBNS•Apr 30, 2023
Stay Updated
Get the latest news delivered to your inbox
Follow Us
Connect with us on social media