Odisha: Manganese ore mining resumes in Bolani Ore mines
Bhubaneswar: Manganese ore mining from Bolani Ore Mines has resumed with the mines fulfilling all the requisite compliances.
IBNS•Aug 30, 2023
Finance
Business and financial news
Passenger caught with gold worth Rs 8.90 lakh hidden in Nutella jars in Tamil Nadu's Trichy airport
Chennai: The law enforcement personnel at Tamil Nadu’s Trichy airport arrested a passenger after they caught the person with illegal gold hidden inside Nutella jars, media reports said.
IBNS•Aug 30, 2023
PhonePe enters stockbroking domain with Share.Market app
Bengaluru: Walmart-owned fintech company PhonePe on Wednesday announced its foray into the stock broking domain by introducing its app called "Share.Market". This app enables users to engage in trading and investments within stocks, mutual funds, and exchange-traded funds (ETFs), media reports said.
IBNS•Aug 30, 2023
Dell, Acer, Asus among 32 companies to apply for Rs 17,000 cr IT hardware PLI scheme
New Delhi: The Centre has received a total of 32 applications from top companies including Dell, Acer, Asus, Lenovo, Foxconn, and Netware for the Rs 17,000 crore production-linked incentive (PLI) scheme aimed at boosting the manufacturing of IT hardware.
IBNS•Aug 30, 2023
Record Influx: More than 15,000 Indian techies choose Canada in the past year
Canada has emerged as a global magnet for tech industry talent, with an astonishing 15,000 Indian tech workers making their way to the country in the span of just 12 months, from April 2022 to March 2023.
IBNS•Aug 30, 2023
India-New Zealand ink MoU to boost cooperation in civil aviation
New Delhi: India and New Zealand have signed a Memorandum of Understanding (MoU) to boost cooperation in civil aviation.
IBNS•Aug 30, 2023
India and New Zealand explore adoption of UPI to biz, boost trade & tourism
New Delhi: India and New Zealand are actively considering the implementation of the Unified Payments Interface (UPI) in the island nation to enhance the ease of conducting business, trade, and tourism interactions between the two countries, the Commerce Ministry said on Tuesday.
IBNS•Aug 30, 2023
Nitin Gadkari launches world's first BS 6 stage II electrified Flex fuel vehicle made by Toyota
New Delhi: Union Minister for Road Transport Minister Nitin Gadkari on Tuesday launched the world's first prototype of the BS 6 Stage II ‘Electrified Flex Fuel Vehicle’, developed by Toyota Kirloskar Motor in New Delhi.
IBNS•Aug 30, 2023
West Bengal invites holds roadshow in Mumbai; invites businesses to participate in Bengal Global Business Summit
Mumbai: The West Bengal government on Tuesday held a roadshow in the country’s financial capital, Mumbai, inviting businesses to set shop in the set and actively participate in the 7th Bengal Global Business Summit, 2023 to be held on November 21-22 in Kolkata.
IBNS•Aug 30, 2023
Tata Motors, Mahindra & Mahindra get certificates for PLI payout
New Delhi: Indian automakers Tata Motors and Mahindra and Mahindra have been granted domestic value certificates, a critical metric for eligibility in receiving payouts under India's Production Linked Incentive (PLI) scheme, Reuters reported.
IBNS•Aug 30, 2023
ONGC earmarks Rs 1lakh cr for green initiatives, seeks collaborations for green hydrogen
New Delhi: Energy major Oil and Natural Gas Corporation Ltd (ONGC) will invest around Rs 1 lakh crore to scale up its renewable capacity and achieve multiple green initiatives by 2030.
IBNS•Aug 30, 2023
SoftBank to sell 1.17% stake in Zomato for Rs 940 cr: Report
Mumbai: SoftBank Vision Fund (SVF Global) is reportedly planning to sell a 1.17 percent stake in food delivery giant Zomato for Rs 940 crore (approximately $126 million) through a block deal, media reports said.
IBNS•Aug 30, 2023
Eveready releases new brand logo and tagline
Kolkata: Battery maker Eveready Industries India Ltd (EIIL) has unveiled its new brand logo and tagline, the company said on Tuesday.
IBNS•Aug 29, 2023
Amazon issues stern warning to workers opposing 'work from office'
Amazon has made it compulsory for its employees to work from the office three days a week. However, the new rule has not gone well with most of the employees and a chunk of the workers exited the company instead of returning to office, media reports said.
IBNS•Aug 29, 2023
PM Narendra Modi's 'Raksha Bandhan' gift: LPG cylinder prices cut by Rs. 200
Union Cabinet on Tuesday slashed the price of 14.2kg cooking gas cylinder by Rs. 200, giving relief to consumers.
IBNS•Aug 29, 2023
Indian Market: Sensex rises 79.22 points
Mumbai: The BSE Sensex on Tuesday gained 79.22 pts to close at 65,075.82 on the strength of metal, real estate, and utilities stocks.
IBNS•Aug 29, 2023
Arunachal Pradesh: More than Rs. 1.45 crore injected into local SHGs through Credit Camp and Loan Disbursement
The District Mission Management Unit of Arunachal State Rural Livelihoods Mission (ArSRLM) recently hosted a comprehensive credit camp and loan disbursement program for 107 registered Self Help Groups (SHGs) from East Kameng district, media reports said.
IBNS•Aug 29, 2023
Bandhan Bank authorised by RBI for disbursing civil pension
Private sector lender Bandhan Bank on Tuesday announced that it has been appointed by Reserve Bank of India (RBI) as an authorised pension disbursement bank on behalf of Central Pension Accounting Office (CPAO), Ministry of Finance, for the civil pensioners.
IBNS•Aug 29, 2023
What are the Documents needed for Opening a Savings Bank Account for Engineers?
Alright, engineers, let's talk about money – but not in the way you might think. We’re not discussing your next big project or that cool gadget you're designing. We’re talking about something we all need but don't often think about - a Savings Bank Account. "A bank account? Really?" you might say. Yes, especially for engineers like you! It's not as dull as it sounds. In many ways, this can help you shape your desired future and establish financial stability.All you need is to read this piece for all the latest information on a Savings Account. This article will talk about the documents required for opening a bank account and everything in between.
IBNS•Aug 29, 2023
Indian Market: Sensex surges over 200 points
Mumbai: The BSE Sensex on Tuesday gained 215 points to open at 65,201.35 as buying was seen across the board.
IBNS•Aug 29, 2023
Reliance Industries Limited Board recommends appointment of Isha Ambani, Akash Ambani and Anant Ambani to Board of Directors
The Board of Directors of Reliance Industries Limited, at its meeting held on Monday, recommended to the shareholders for approval to appoint Isha Ambani, Akash Ambani and Anant Ambani as Non-Executive Directors of the Company.
IBNS•Aug 28, 2023
Nita Ambani steps down from Reliance Industries Ltd board; Isha, Akash and Anant named non-executive directors
Mumbai/UNI: The Board of Directors of Reliance Industries Ltd (RIL) on Monday recommended to the shareholders for approval of the appointment of Isha Ambani, Akash Ambani and Anant Ambani as non-executive directors of the company.
IBNS•Aug 28, 2023
Jumeirah penthouse sale at record price boosts Dubai's real estate market
Creating record of sorts in Dubai's real estate market, the Jumeirah Group, a prestigious Emirati state-owned luxury hotel chain, has officially announced the sale of its penthouse unit within the Jumeirah Marsa Al Arab branded residence, currently under construction.
IBNS•Aug 28, 2023
Jumeirah penthouse sale at record price boosts Dubai's real estate market
Creating record of sorts in Dubai's real estate market, the Jumeirah Group, a prestigious Emirati state-owned luxury hotel chain, has officially announced the sale of its penthouse unit within the Jumeirah Marsa Al Arab branded residence, currently under construction.
IBNS•Aug 28, 2023
Kolkata: Tech company launches WDS Shield platform to help senior citizens against cyber fraud
Tech startup company Wiz Digital Services is trying to help senior citizens of West Bengal against cyber fraud by launching a platform named WDS Shield.
IBNS•Aug 27, 2023
PM Modi urges industry captains to look beyond profits, focus on resilient supply chain
New Delhi: Urging global business captains to focus on resilient supply chain and sustainability, Prime Minister Narendra Modi on Sunday said that time has now come for the industry to go beyond profits and brain-storm the emerging challenges facing the world.
IBNS•Aug 27, 2023
Green hydrogen ammonia project to be set up in Odisha's Gopalpur Industrial Park
Bhubaneswar: The first ever green hydrogen project on the east coast of India will be set up at an estimated cost of Rs 27,000 crores at the Gopalpur Industrial Park in Odisha.
IBNS•Aug 26, 2023
Strategies for Maximising Fixed Deposit Returns: Unveiling the Power of Tax Benefits and More
Investing in a fixed deposit (FD) is a prudent financial move that offers stability and reliable returns. However, if you're looking to go beyond conventional returns and unlock the full potential of your investment, there are several strategies you can employ. In this comprehensive article, we'll explore the top three ways to maximise your FD returns and delve into the significant role that tax benefits and refunds play in enhancing your overall gains.
IBNS•Aug 26, 2023
Things To Keep in Mind Before Taking a Two-wheeler Loan
Owning a two-wheeler in India isn't just a mode of transport; it's a symbol of convenience, freedom, and empowerment. However, the costs associated with purchasing a two-wheeler can often be a financial hurdle. This is where taking a bike loan comes into play, offering a practical solution to help you ride away with your dream vehicle. In this comprehensive guide, we'll unravel the concept of bike loans, walk you through the factors to consider before acquiring one, and empower you to make an informed decision.
IBNS•Aug 26, 2023
Expert committee makes recommendations to stop externalisation of Indian starts ups
New Delhi: A committee of experts focusing on understanding the reasons behind the externalization of Indian start-ups recently submitted its report to IFSCA.
IBNS•Aug 26, 2023
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