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July coal production goes up by 14.11% to 68.75 MT

July coal production goes up by 14.11% to 68.75 MT

New Delhi: India’s overall July coal production registered a 14.11% surge, reaching 68.75 Million Tonne (MT), compared to 60.25 MT in the corresponding period in last year, according to the Ministry of Coal.

IBNSAug 01, 2023
Maruti Suzuki's July sales rise 3% to 1,81,630 units

Maruti Suzuki's July sales rise 3% to 1,81,630 units

New Delhi: Maruti Suzuki India witnessed a 3% rise in total sales, reaching 181,630 units in July, primarily driven by the growing demand for its utility vehicle range.

IBNSAug 01, 2023
Akasa Air expands international ambitions with addition of 20th aircraft to fleet

Akasa Air expands international ambitions with addition of 20th aircraft to fleet

Bengaluru: India’s newest carrier, Akasa Air, announced on Tuesday the addition of the 20th jet to its fleet, ushering it into the league of international airlines in India.

IBNSAug 01, 2023
Shriram General Insurance Q1FY24 net profit rises 37 per cent on digital sales

Shriram General Insurance Q1FY24 net profit rises 37 per cent on digital sales

Kolkata: Shriram General Insurance Company (SGIC) on Tuesday said it wrote 13,03,340 policies driven by higher digital selling of traditional and new combo products.

IBNSAug 01, 2023
Tata Motors registers total sales of 80,633 units in July 2023

Tata Motors registers total sales of 80,633 units in July 2023

Automobile major Tata Motors Limited on Tuesday said sales in the domestic and international market for July 2023 stood at 80,633 vehicles, compared to 81,790 units during July 2022.

IBNSAug 01, 2023
Bosch Limited registers 12.8 percent profit before tax in Q1 FY 2023-24

Bosch Limited registers 12.8 percent profit before tax in Q1 FY 2023-24

Bengaluru: Bosch Limited, a supplier of technology and services,on Tuesday posted its total revenue from operations of INR 4,158 crores (466 million euros) in Quarter 1 of FY 2023–24, an increase of 17.3 percent over the same quarter last year.

IBNSAug 01, 2023
Microsoft appoints Puneet Chandok to lead India operations

Microsoft appoints Puneet Chandok to lead India operations

New Delhi: Microsoft on Tuesday announced Puneet Chandok’s appointment as Corporate Vice President of Microsoft India and South Asia.

IBNSAug 01, 2023
Suzuki Motorcycle India records highest-ever unit sales of 107,836 units in July 2023

Suzuki Motorcycle India records highest-ever unit sales of 107,836 units in July 2023

New Delhi: Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation has achieved a significant monthly sales milestone by recording an overall sale of 107,836 units in July 2023.

IBNSAug 01, 2023
Ashok Leyland flags off 'Dream Drive' from Kolkata to Hosur to mark 75th Anniversary celebrations

Ashok Leyland flags off 'Dream Drive' from Kolkata to Hosur to mark 75th Anniversary celebrations

Kolkata: Ashok Leyland, the Indian flagship of the Hinduja Group and commercial vehicle manufacturer, commenced the third route in 'Dream Drive' from Kolkata as part of its momentous 75th-year anniversary celebrations.

IBNSAug 01, 2023
Max Life ties up with South Indian Bank to offer life insurance solutions

Max Life ties up with South Indian Bank to offer life insurance solutions

New Delhi: Max Life Insurance Company Ltd. on Tuesday announced its partnership with private leder South Indian Bank.

IBNSAug 01, 2023
Indian Rupee ends steady at 82.26 against USD

Indian Rupee ends steady at 82.26 against USD

Mumbai: The Rupee on Tuesday ended flat at 82.26 against the USD on selling of US Dollar by bankers and exporters along with negative equity market, dealers at the Foreign Exchange said.

IBNSAug 01, 2023
Indian Market: Sensex falls 68.36 points

Indian Market: Sensex falls 68.36 points

Mumbai:  The BSE Sensex on Tuesday declined 68.36 pts to settle at 66,459.31 on profit booking by local operators.

IBNSAug 01, 2023
Andhra Pradesh has 47.17 tonnes of total gold reserves

Andhra Pradesh has 47.17 tonnes of total gold reserves

New Delhi: Andhra Pradesh has 47.17 tonnes of total resources—5.3 tonnes of proven & probable reserves and 41.87 tonnes of remaining resources—of Gold as primary metal as on April 1, 2020, according to Indian Minerals Year Book 2021.

IBNSAug 01, 2023
India's Gross Fixed Capital Formation grew to Rs 54.35 lakh crore since 2014-15

India's Gross Fixed Capital Formation grew to Rs 54.35 lakh crore since 2014-15

New Delhi: The Gross Fixed Capital Formation (GFCF) in the Indian economy has shown a significant increase, rising from Rs. 32.78 lakh crore (at constant 2011-12 prices) in 2014-15 to Rs 54.35 lakh crore in 2022-23 (based on Provisional Estimates).

IBNSAug 01, 2023
Monthly avg gross GST collection for FY22 & FY23 grew 30% and 22% Y-o-Y respectively

Monthly avg gross GST collection for FY22 & FY23 grew 30% and 22% Y-o-Y respectively

New Delhi: The monthly average gross GST collection for the FYs 2021-22 & 2022-23 have shown 30% and 22% year-on-year growth respectively.

IBNSAug 01, 2023
TRAI and C-DoT sign MoU to establish mechanism of technical and institutional cooperation in telecom

TRAI and C-DoT sign MoU to establish mechanism of technical and institutional cooperation in telecom

New Delhi: Telecom Regulatory Authority of India (TRAI) and the Centre for Development of Telematics (C-DoT) signed a Memorandum of Understanding (MoU) here on Monday.

IBNSAug 01, 2023
Coal washeries capacity needs to be enhanced to reduce coal import: Coal Secy Amrit Lal Meena

Coal washeries capacity needs to be enhanced to reduce coal import: Coal Secy Amrit Lal Meena

New Delhi: India can significantly reduce its reliance on coal imports and promote domestic coal beneficiation by enhancing the capacity of washeries for coking and non-coking coal, according to Coal Secretary Amrit Lal Meena.

IBNSJul 31, 2023
SBI successfully raises Rs 10,000 cr via long-term infrastructure bond

SBI successfully raises Rs 10,000 cr via long-term infrastructure bond

Mumbai: India’s largest lender State Bank of India (SBI) on Monday successfully raised Rs 10,000 crore through its third infrastructure bond issuance at a coupon rate of 7.54 percent.

IBNSJul 31, 2023
8 core sectors grow at a record 8.2% in June

8 core sectors grow at a record 8.2% in June

New Delhi: India's eight core sectors registered a growth of 8.2 percent in June, the Ministry of Commerce and Industry said on Monday.

IBNSJul 31, 2023
Air India, IndiGo get DGCA approval to import aircraft

Air India, IndiGo get DGCA approval to import aircraft

New Delhi: Air India and Interglobe Aviation, the operator of Indigo, have been given approval by the Directorate General of Civil Aviation (DGCA) to import aircraft, the Ministry of Civil Aviation announced

IBNSJul 31, 2023
Lower Kharif sowing due to erratic rainfall likely to push inflation in near term: Report

Lower Kharif sowing due to erratic rainfall likely to push inflation in near term: Report

New Delhi: Lower rainfall in the eastern and northeastern region has resulted in much lower Kharif sowing this year which is expected to translate into higher inflation in the near term, according to an economic report by Bank of Baroda.

IBNSJul 31, 2023
Axis Bank launches ‘Sampann’ premium banking services for rural and semi-urban customers

Axis Bank launches ‘Sampann’ premium banking services for rural and semi-urban customers

New Delhi: Private sector lender Axis Bank on Monday announced the launch of ‘Sampann’, a premium banking proposition specifically curated for the growth focused and progressive customer segment based in rural and semi-urban regions.

IBNSJul 31, 2023
EV charging: Tata Power launches RFID enabled ‘EZ CHARGE' card

EV charging: Tata Power launches RFID enabled ‘EZ CHARGE' card

New Delhi: Tata Power on Monday said it has unveiled EZ CHARGE card an advanced RFID (Radio-frequency identification) card that promises to redefine the EV charging experience for lakhs of electric vehicle (EV) owners across the country.

IBNSJul 31, 2023
Airtel prepays Rs. 8,024 crores to clear high-cost deferred liabilities for spectrum acquired in 2015

Airtel prepays Rs. 8,024 crores to clear high-cost deferred liabilities for spectrum acquired in 2015

New Delhi: Telecom major Bharti Airtel on Monday said that it has prepaid Rs. 8,024 crores to the Department of Telecom (Government of India) towards part prepayment of deferred liabilities pertaining to spectrum acquired in the auction of year 2015.

IBNSJul 31, 2023
Indian Market: Sensex jumps 367.47 points

Indian Market: Sensex jumps 367.47 points

Mumbai: Snapping a losing streak of the last three sessions, the BSE sensex on Monday bounced back 367.47 pts to close at 66,527.67 on the strength of Utilities, Power, metals, and industrial stocks.

IBNSJul 31, 2023
Dutch brewer Heineken's profit hit by 'disappointing performance' in Vietnam

Dutch brewer Heineken's profit hit by 'disappointing performance' in Vietnam

Dutch brewer Heineken on Monday announced its operating profits in the first half of the year have declined to touch  (-) 22 per cent.

IBNSJul 31, 2023
Nagaland: WRI launches ‘Energy Access Explorer’ platform

Nagaland: WRI launches ‘Energy Access Explorer’ platform

World Resources Institute (WRI), on Friday, launched its flagship geospatial platform-Energy Access Explorer (EAE) for the eastern Indian state of Nagaland.

IBNSJul 30, 2023
Tata Steel remembers with nationwide events its iconic leader JRD Tata on his 119th birth anniversary

Tata Steel remembers with nationwide events its iconic leader JRD Tata on his 119th birth anniversary

Mumbai: Tata Steel on Saturday celebrated the 119th birth anniversary of the Tata Group's late iconic leader and aviator, Bharat Ratna JRD Tata, with a series of events held at various locations across the company.

IBNSJul 29, 2023
Himachal Pradesh: 56-year-old Ganga Sarni Bisht driving state's natural farming initiative

Himachal Pradesh: 56-year-old Ganga Sarni Bisht driving state's natural farming initiative

56-year-old Ganga Sarni Bisht has emerged as a pioneer in natural farming in Himachal Pradesh’s tribal district of Kinnaur, media reports said.

IBNSJul 29, 2023
Narendra Modi welcomes Foxconn's plans to expand semiconductor and chip manufacturing capacity in India

Narendra Modi welcomes Foxconn's plans to expand semiconductor and chip manufacturing capacity in India

Taiwanese chip-making giant's chairman Young Liu on Friday met Narendra Modi in New Delhi when the Indian PM welcomed Foxconn's plans to expand semiconductor and chip manufacturing capacity in India.

IBNSJul 29, 2023

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