Business and financial news
New Delhi: The Competition Commission of India (CCI) has given the go-ahead for Atlas 2022 Holdings Limited to raise its ownership in Vodafone from 14.6% to just below 25%.
Bengaluru: Infosys Co-founder and Karnataka IT Vision Group Chairman Kris Gopalakrishnan on Wednesday said India's IT industry will grow $300 billion by 2030.
New Delhi: India’s domestic coal-based power generation up to October 2023 reached 686.7 Billion Units (BU), reflecting an 8.88% increase from the 630.7 Billion Units (BU) generated in the corresponding period last year.
Pune: Consumer tech firm udChalo Wednesday announced the appointment of former Chief of the Army Staff General Manoj Mukund Naravane, to its advisory board.
New Delhi: The Organization for Economic Cooperation and Development (OECD) Wednesday maintained its forecast for India's growth at 6.3 percent for the fiscal year 2024.
Mumbai: American sportswear and footwear retailer Foot Locker has announced plans to make its entry into the Indian market in 2024 through a partnership with local partners Metro Brands and Nykaa, a cosmetics-to-fashion retailer, Reuters reported.
Mumbai: Bank of Baroda is set to issue bonds worth Rs 5,000 crore on November 30, Moneycontrol reported.
Bengaluru: Walmart is increasing its import of goods to the United States from India and decreasing its dependence on China in an effort to reduce expenses and broaden its supply chain, Reuters reported.
The Cabinet led by Prime Minister Narendra Modi has decided that the Central government will provide free food grains to about 81.35 crore beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) for a period of five years with effect from Jan 1, 2024.
The BSE Sensex on Wednesday registered a massive gain of 727.71 pts to close at 66,901.91 on the strength of Bankex, Auto, IT and Financial Services stocks amid strong global cues.
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Terms of Reference for the Sixteenth Finance Commission.
New Delhi: India's Ministry of Mines will launch the first tranche auction of critical and strategic minerals on Wednesday, an official press release said.
Kolkata: Private sector lender DBS Bank India has opened a new branch at Kolkata’s Russell Street.
Mumbai: IT major Tata Consultancy Services (TCS) has scheduled its share buyback to start on December 1 and conclude on December 7.
New Delhi: Taking note of the increasing incidents of bank fraud, the Finance Ministry Tuesday advised banks to appoint nodal officers to address cyber security concerns.
New Delhi: Troubled ed-tech company Byju’s is facing fresh challenges as the Board of Control for Cricket in India (BCCI) has dragged the firm to the National Company Law Tribunal, the adjudicator’s website says.
Mumbai: The board of Adani Group-backed New Delhi Television Tuesday announced the approval to resume the activities for the NDTV Profit channel from December 8, 2023, the company disclosed in a stock exchange filing.
The BSE Sensex on Tuesday rallied 204.16 pts to close at 66,174.20 on the strength of Power, Oil and Gas, Utilities and Energy stocks.
The country's largest carmaker Maruti Suzuki on Monday announced a hike in the prices of its cars effective January, 2024 citing increased cost pressure.
Jammu and Kashmir Administrative Council on Saturday accorded the administrative approval for setting up of four new Industrial Estates in J&K.
New Delhi: India will be the Chair of the International Sugar Organisation (ISO) for the year 2024, the London-headquartered organization announced during its 63rd council meeting.
Mumbai: The Reserve Bank of India (RBI) on Friday took over the board of Abhyudaya Cooperative Bank in Mumbai, citing major concerns regarding inadequate corporate governance standards, the central bank said in a statement.
Mumbai: The Reserve Bank of India (RBI) on Friday slapped monetary fines on Citibank, Bank of Baroda, and Indian Overseas Bank for violations of regulations.
New Delhi: India and the European Commission on Friday achieved a significant milestone in their technological partnership by signing a Memorandum of Understanding (MoU) on semiconductors.
Mumbai: Tata Technologies initial public offering (IPO), the first from Tata Group since the Tata Consultancy Services IPO in 2004, garnered full subscription just within the first few hours of opening.
New Delhi: The Supreme Court on Friday withheld its decision on the Adani-Hindenburg row, and Chief Justice of India (CJI) DY Chandrachud suggested that directives may be issued to the Securities and Exchange Board of India (SEBI) as part of the resolution, Moneycontrol reported.
The BSE Sensex on Friday lost 47.77 points to settle at 65,970.04, as selling was seen in technology, IT, oil & gas, and FMCG stocks.
Kochi/UNI: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will inaugurate the newly constructed Aayakar Bhawan of the Income Tax Department at a private hotel here on Friday.
Sam Altman’s stunning exit and equally dramatic return as OpenAI’s CEO on late Tuesday was followed by a complete change in the board of directors.
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