Govt to sell 4.92% stake in SJVN via OFS
New Delhi: The government is set to divest a 4.92% stake in SJVN through a two-day offer for sale, with a floor price of Rs 69 per share.
IBNS•Sep 21, 2023
Finance
Business and financial news
Byju's appoints company veteran Arjun Mohan CEO of India ops
Bengaluru: Edtech company Byju's has appointed long-standing company member Arjun Mohan as the CEO of its India operations, succeeding Mrinal Mohit.
IBNS•Sep 21, 2023
Total Energies to invest $300 million in 50:50 JV deal with Adani Green arm
Mumbai: French energy major TotalEnergies SE has signed a definitive termsheet with Adani Green Energy Twenty Three Limited (AGE23L), Moneycontrol reported.
IBNS•Sep 20, 2023
India-UK close on Free Trade Agreement but few tough points remain: British Minister
London: Britain's Business and Trade Secretary Kemi Badenoch, overseeing the free trade agreement (FTA) negotiations with India, informed a parliamentary committee that India and the UK are on the verge of finalizing a mutually advantageous trade deal, but the remaining points of contention are the most challenging, media reports said.
IBNS•Sep 20, 2023
Ola Electric IPO likely by Oct end: Report
Mumbai: Ola Electric intends to submit regulatory documents for its IPO, which could raise up to $700 million, by the end of October, Reuters reported.
IBNS•Sep 20, 2023
Sona Group’s CSR efforts to benefit differently-abled women
Salem: The Sona Centre for Social Responsibility Initiatives (Sona CSRI), Sona College of Technology’s CSR arm, has initiated a programme to help 11 differently abled women from Maramangalathupatti village on the outskirts of Salem town to pick up skills in stitching to become self-reliant.
IBNS•Sep 20, 2023
Net direct tax mop-up rises 23.5 pc in FY24 till mid-September
New Delhi: The Centre's tax kitty continues to swell on the back of strong economic growth. The latest data shows net direct tax collections rose 23.51% year-on-year to Rs 8.65 lakh crore in the current financial year till September 16 as against Rs 7 lakh crore in the same period a year ago.
IBNS•Sep 20, 2023
Torrent Gas starts supplying piped cooking gas in Patiala
Patiala: Torrent Gas has commenced supply of piped cooking gas in Punjab's Patiala city, the Punjab government said on Monday.
IBNS•Sep 20, 2023
Govt approves welfare measures for LIC agents, staff
New Delhi: The Union Finance Ministry on Monday approved various welfare measures for LIC (Life Insurance Corporation) agents and employees.
IBNS•Sep 20, 2023
Oil prices reach highest in 10 months
Oil prices surged by more than 1% on Tuesday, reaching the highest levels in 10 months, Reuters reported.
IBNS•Sep 20, 2023
Myntra witnesses 50% growth in home category
Mumbai: The home category at e-commerce platform Myntra witnessed a 50% year-on-year surge in demand, ET reported.
IBNS•Sep 19, 2023
Amazon won't allow these notes for COD orders from today
New Delhi: Starting September 19, 2023, Amazon India will no longer accept Rs. 2,000 currency notes for Cash on Delivery (COD) orders or Cashloads, media reports said.
IBNS•Sep 19, 2023
Agriculture: Centre to spend Rs 20,000 cr for Kisan Credit Card loans
Union Agriculture Minister Narendra Singh Tomar announced on Tuesday that the government is set to allocate around Rs 20,000 crore for Kisan Credit Card (KCC) loans.
IBNS•Sep 19, 2023
RBI approves reappointment of Sashidhar Jagdishan as HDFC Bank MD & CEO for next three years
New Delhi: The Reserve Bank of India (RBI) has granted approval for the re-appointment of Sashidhar Jagdishan as the Managing Director and Chief Executive Officer of HDFC Bank, as stated by the bank in a communication to the exchanges on September 19.
IBNS•Sep 19, 2023
Now, startup HireMee’s assessment services on National Career Service portal
Bengaluru headquartered IT talent and assessment startup HireMee has signed a Memorandum of Understanding (MoU) with the Ministry of Labour and Employment’s National Career Service (NCS) to offer comprehensive assessment services to jobseekers registered on the portal.
IBNS•Sep 19, 2023
JSW Infrastructure Limited’s IPO to open on September 25, sets price band at Rs 113 to Rs 119 per Equity Share
JSW Infrastructure Limited, a part of the JSW Group, has fixed the price band at Rs. 113 to Rs. 119 per Equity Share for its initial public offering of Equity Shares.
IBNS•Sep 19, 2023
Aditya Birla Capital Digital launches Payment Lounge for merchants
Aditya Birla Capital Digital Limited, the wholly owned subsidiary company of Aditya Birla Capital Limited, has introduced Payment Lounge, an omni-channel, multi-mode collections platform to enable merchants a platform for making digital payments.
IBNS•Sep 18, 2023
Indian Market: Sensex drops 241.79 pts
The equity market got a break on Monday, as the BSE Sensex ended negative at 67,596.84, dropped 241.79 pts, snapping 11 sessions rally amid weak global cues.
IBNS•Sep 18, 2023
Ola begins bike taxi services in Bengaluru
Ola Co-Founder and CEO Bhavish Aggarwal has announced restarting the operation of electric bike taxis from Saturday.
IBNS•Sep 16, 2023
Port Talbot: Tata Steel, U.K. Government ink deal to invest USD 1.54 billion
India's Tata Steel and the UK government have announced a joint agreement on a proposal to invest in Electric Arc Furnace steelmaking at the Port Talbot site with a capital cost of £1.25 billion (USD 1.54 billion) inclusive of a grant from the UK Government of up to £500 million ($621 million), subject to relevant regulatory approvals.
IBNS•Sep 16, 2023
Htech launches AI Vlog Master-powered HONOR 90 5G smartphone in India, check out prices
Equipped with 200 MP main camera and AI Vlog Master, tech major Htech on Friday announced the launch of HONOR 90 5G in India.
IBNS•Sep 16, 2023
MF nomination deadline soon; non compliance may lead to freezing of units
Mumbai: All individual mutual fund unit holders are required to either nominate or opt out of nomination by September 30, 2023. Failure to do so will result in the freezing of their mutual fund folios for debits, reported ET.
IBNS•Sep 16, 2023
Infosys bags mega $1.5 billion deal for 15 years
Bengaluru: Prominent Indian IT firm Infosys has entered into a 15-year agreement with a 'global corporation', ET reported.
IBNS•Sep 16, 2023
Ashok Leyland to invest Rs 1,000 cr for green mobility plant in Uttar Pradesh
New Delhi: Ashok Leyland, the flagship company of the Hinduja Group, announced on Friday that it will invest Rs 1,000 crore in Uttar Pradesh to establish a bus manufacturing facility dedicated to clean mobility, media reports said.
IBNS•Sep 16, 2023
TotalEnergies to invest in Adani Green Energy's renewable energy projects
Mumbai: TotalEnergies SE is reportedly in discussions to invest in renewable energy ventures developed by Adani Green Energy Ltd, Bloomberg reported.
IBNS•Sep 15, 2023
Chinese phone-maker Xiaomi's supplier Dixon Technologies to set up massive factory following India's push for local
New Delhi: Xiaomi's supplier, Dixon Technologies India Ltd., is poised to set up a massive new factory on the outskirts of New Delhi, aligning with India's push for Chinese tech companies to collaborate with local assembly partners, Bloomberg reported.
IBNS•Sep 15, 2023
Tata Steel to get 500 million pounds from UK govt to decarbonize Port Talbot project
London: Tata Steel, on Friday, announced that after extensive negotiations aimed at preserving Tata Steel's Port Talbot venture in Wales, the UK government has consented to provide a grant of 500 million pounds to assist in decarbonization, media reports said.
IBNS•Sep 15, 2023
Sensex up by over 100 points
Mumbai/UNI: The BSE Sensex continued to rise on Friday as it rose 127.61 pts to 67,646.61, a new high in opening trade, following gains in banking, real estate, and technology stocks.
IBNS•Sep 15, 2023
Volvo Car India starts delivery of its first born electric SUV C40 Recharge
Kolkata: Volvo Car India has commenced deliveries of its born electric C40 Recharge.
IBNS•Sep 14, 2023
Tata Motors plans to set up dedicated sales network for EV this fiscal
Mumbai: Tata Motors is preparing to establish a dedicated sales network specifically for its electric passenger vehicles within the current fiscal year, media reports said.
IBNS•Sep 14, 2023
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