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4 Indian women, including Finance Minister Sitharaman, rank in Forbes' top influential list

4 Indian women, including Finance Minister Sitharaman, rank in Forbes' top influential list

New Delhi: Finance Minister Nirmala Sitharaman has been ranked 32nd in Forbes' list of the world's most influential women, alongside notable women such as US Vice President Kamala Harris and musician Taylor Swift.

IBNSDec 07, 2023
Next spectrum auction in Feb 2024 at same reserve prices

Next spectrum auction in Feb 2024 at same reserve prices

New Delhi: The next spectrum auction, scheduled for late February 2024, will maintain the same reserve prices for most bands as in the 2022 auction, Business Standard reported citing the Department of Telecommunications (DoT) officials.

IBNSDec 07, 2023
RBI's MPC meeting starts amid anticipations of status quo on key interest rate

RBI's MPC meeting starts amid anticipations of status quo on key interest rate

Mumbai: As the Reserve Bank of India (RBI) commenced its three-day Monetary Policy Committee (MPC) on Wednesday, expectations are high that the Central bank will adhere to the current state of affairs regarding the repo rate, opting to retain it at 6.5%.

IBNSDec 07, 2023
Shree Cement plans to participate in the Centre's lithium mine auction: Report

Shree Cement plans to participate in the Centre's lithium mine auction: Report

New Delhi: Shree Cement plans to participate in the bidding process for lithium mining rights, Reuters reported.

IBNSDec 07, 2023
Volvo Car India names Jyotsana Singh Kaushik as Director of Marketing & PR

Volvo Car India names Jyotsana Singh Kaushik as Director of Marketing & PR

Kolkata/IBNS: Swedish luxury car company Volvo Cars India has appointed Jyotsana Singh Kaushik as Director of Marketing & PR.

IBNSDec 06, 2023
Adani Green Energy ranks as 2nd largest global solar PV developer in  Mercom Capital's report

Adani Green Energy ranks as 2nd largest global solar PV developer in Mercom Capital's report

Renewable energy solutions company Adani Green Energy Limited (AGEL) has become the second-largest global solar PV developer, according to Mercom Capital Group's latest Annual Global Report.

IBNSDec 06, 2023
Adani Group to invest USD 75 billion towards energy transition by 2030

Adani Group to invest USD 75 billion towards energy transition by 2030

Mumbai: Adani Group Chairman Gautam Adani on Wednesday announced plans to invest USD 75 billion towards energy transition projects by 2030.

IBNSDec 06, 2023
Spotlight India: Singapore's investment giant Temasek's top execs on a visit to India

Spotlight India: Singapore's investment giant Temasek's top execs on a visit to India

Mumbai: The 11-member board of directors from Temasek is currently on an important visit to India, seen as a global bright spot, Moneycontrol reported.

IBNSDec 06, 2023
Kia introduces new K-Charge Initiative featuring 1000+ charging stations in India

Kia introduces new K-Charge Initiative featuring 1000+ charging stations in India

Car maker Kia India unveiled K-Charge — an initiative in the 'MyKia' app that allows users to discover over 1000 EV charging stations nationwide.

IBNSDec 06, 2023
Indian Market: Sensex closes at 69,653.73 pts

Indian Market: Sensex closes at 69,653.73 pts

Extending rally for the third straight session on Wednesday, the BSE Sensex ended at a new peak at 69,653.73, up 357.59 pts following gains in Power, Utilities, Oil and Gas and IT stocks.

IBNSDec 06, 2023
Air India’s IT infrastructure is now cloud-only, historic data centres closed

Air India’s IT infrastructure is now cloud-only, historic data centres closed

Gurugram: Tata Group-owned airline Air India has successfully migrated to cloud-only IT infrastructure, having closed its historic data centres located in Mumbai and New Delhi, an official release said on Tuesday.

IBNSDec 06, 2023
RBI cracks whip on peer-to-peer lenders over violation of rules and misselling: Report

RBI cracks whip on peer-to-peer lenders over violation of rules and misselling: Report

Mumbai: The Reserve Bank of India has instructed peer-to-peer lending platforms to halt certain activities after inspections revealed violations of rules and deceptive sales practices, Reuters reported.

IBNSDec 06, 2023
CBI searches 13 locations in various cities in UCO Bank's Rs 820 cr IMPS transaction incident

CBI searches 13 locations in various cities in UCO Bank's Rs 820 cr IMPS transaction incident

New Delhi: The Central Bureau of Investigation (CBI) has filed an FIR related to IMPS transactions amounting to Rs 820 crore in UCO Bank in November this year.

IBNSDec 06, 2023
P.C. Sen Charitable Trust, supported by Senco Gold & Diamonds, inaugurates Prabhat Diagnostics Centre at Rasapunja

P.C. Sen Charitable Trust, supported by Senco Gold & Diamonds, inaugurates Prabhat Diagnostics Centre at Rasapunja

Kolkata: P.C. Sen Charitable Trust, supported by Senco Gold and Diamonds, inaugurated Prabhat Diagnostics Centre at Rasapunja area in West Bengal’s South 24 Parganas district on Tuesday.

IBNSDec 06, 2023
Adani Group completes stake purchase in Sanghi Industries Ltd

Adani Group completes stake purchase in Sanghi Industries Ltd

Mumbai: Adani Group-owned Ambuja Cements completed the acquisition of Sanghi Industries Ltd (SIL) at a revised offer price of Rs 121.90 per share, ET reported.

IBNSDec 05, 2023
Moody's downgrades China's credit rating outlook from 'stable' to 'negative'

Moody's downgrades China's credit rating outlook from 'stable' to 'negative'

Beijing: Ratings agency Moody's on Tuesday revised China's credit rating outlook from "stable" to "negative" due to the increasing debt in the world's second-largest economy.

IBNSDec 05, 2023
21,791 fake GST registrations, tax evasion of over Rs 24,000 cr uncovered: Sitharaman

21,791 fake GST registrations, tax evasion of over Rs 24,000 cr uncovered: Sitharaman

New Delhi: GST officers have identified 21,791 fraudulent GST registrations and uncovered potential tax evasion exceeding Rs 24,000 crore during a two-month-long special drive, Finance Minister Nirmala Sitharaman on Tuesday said.

IBNSDec 05, 2023
SBI to increase stake in SBI Pension Funds to 80%

SBI to increase stake in SBI Pension Funds to 80%

Mumbai: State Bank of India Tuesday said it plans to buy a 20 percent stake in SBI Pension Funds in SBI Pension Funds held by SBI Capital Markets.

IBNSDec 05, 2023
Indian Market: Sensex zooms to new high to touch 69,296.14 pts

Indian Market: Sensex zooms to new high to touch 69,296.14 pts

The BSE Sensex hit fresh record highs on Tuesday for a second straight session, surging 431.02 pts to close at 69,296.14 on the strength of Utilities, Power and BSE services stocks even as a global stock rally declined ahead of key US data.

IBNSDec 05, 2023
India's services PMI falls to one year-low of 56.9 in November: S&P Global

India's services PMI falls to one year-low of 56.9 in November: S&P Global

New Delhi/UNI: India's services activities continued to expand in November, but pace of growth slowed down during this period.

IBNSDec 05, 2023
Indian Market: Sensex, Nifty touches all-time high

Indian Market: Sensex, Nifty touches all-time high

The BSE Sensex on Monday ended at an all time high at 68,865.12, surging 1383.90 following gains in Oil and Gas, Bankex, Utilities and Power stocks amid excellent performance shown by BJP in recent assembly elections.

IBNSDec 04, 2023
NTPC's coal dispatch grows 90% YoY till November

NTPC's coal dispatch grows 90% YoY till November

New Delhi: State-run power manufacturer NTPC Ltd on Friday reported a substantial growth of 90% year-on-year in coal dispatch from its captive mines till November in FY 2023-24 achieving a total coal dispatch of 23.12 million metric tonnes (MMT).

IBNSDec 02, 2023
Coal production grows 11% YoY to 84.53 MT in November

Coal production grows 11% YoY to 84.53 MT in November

New Delhi: India's coal production surged during November, reaching 84.53 MT, up 11.03% compared to 76.14 MT of the corresponding month in the previous year.

IBNSDec 02, 2023
GST collection surges 15% YoY to Rs 1.68 trillion in November

GST collection surges 15% YoY to Rs 1.68 trillion in November

New Delhi: Highlighting the ongoing robust activity in the Indian economy, the collection of goods and services tax (GST) witnessed a substantial 15% year-on-year surge in November.

IBNSDec 02, 2023
Adani Group plans to invest Rs 7 trillion in infra projects over next 10 yrs: Report

Adani Group plans to invest Rs 7 trillion in infra projects over next 10 yrs: Report

Mumbai: Billionaire Gautam Adani-led ports-to-green energy conglomerate Adani Group is looking to invest Rs 7 trillion ($84.00 billion) in infrastructure projects over the next ten years, reported Reuters Chief Financial Officer Jugeshinder Singh on Friday.

IBNSDec 02, 2023
RBI and Bank of England sign MoU to end CCIL deadlock

RBI and Bank of England sign MoU to end CCIL deadlock

Mumbai: The Reserve Bank of India and Bank of England Friday inked a memorandum of understanding (MoU) to end the imbroglio over British banks’ participation in Indian bonds and derivative market.

IBNSDec 01, 2023
Indian Market: Sensex surges 492.75 points

Indian Market: Sensex surges 492.75 points

The equity market remained robust on the last session of the week as BSE Sensex soared 492.75 points to close at 67,481.19 following gains in power, FMCG, capital goods, and utility stocks amid global cues.

IBNSDec 01, 2023
Mahindra Auto sells 39,981 SUVs in November

Mahindra Auto sells 39,981 SUVs in November

Mahindra & Mahindra Ltd. (M&M Ltd), one of India’s leading automotive companies, on Friday announced that its overall auto sales for the month of November 2023 stood at 70,576 vehicles, a growth of 21 per cent, including exports.

IBNSDec 01, 2023
Sensex up by over 300 points

Sensex up by over 300 points

Mumbai/IBNS: Extending the rally on Friday, the BSE Sensex advanced 310.98 points, breaching the 67K level at 67,299.42 in the opening session on strong global cues.

IBNSDec 01, 2023
Competition watchdog greenlights Abu Dhabi Ports' acquisition of Delanord Investments

Competition watchdog greenlights Abu Dhabi Ports' acquisition of Delanord Investments

New Delhi: The Competition Commission of India (CCI) has approved the acquisition of shareholding in Delanord Investments by Abu Dhabi Ports Company.

IBNSNov 30, 2023

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