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Home  Business

Business

Adani Group keen to acquire bankrupt Jaiprakash Associates, say sources

Adani Group keen to acquire bankrupt Jaiprakash Associates, say sources

  • China’s solar boom takes renewable energy to new high

    China added almost 374 billion watts of renewable power -- three quarters of it from solar panels -- in 2024. That's more than eight times as much as the United States did and five times what Europe added last year
  • BHIM 3.0 now smarter, has these many languages, new features

    The rollout of BHIM 3.0 will take place in phases, with full availability expected by April
  • Trouble-hit IndusInd Bank slapped with Rs 30.15 crore GST fine

    The private lender, which is already under scrutiny for discrepancies in its derivatives portfolio, stated it is considering filing an appeal against the GST order
  • Chinese electric vehicle maker BYD zooms past Tesla’s sales

    Recently, BYD announced it was rolling out a superfast EV charging system that it says is nearly as quick as a fill up at the pumps
  • Bengaluru: Deloitte launches global AI simulation Centre of Excellence

    Launched first in Bengaluru to serve Deloitte’s global network, the Simulation CoE aims to accelerate clients’ decision-making processes, mitigate potential risks, and maximise their return on investment (ROI)
  • Reciprocal tariffs effect? India proposes to abolish digital tax on online advertisements

    Experts say the proposal to remove the Equalisation Levy on online advertisements is aimed at showing an accommodative stance to the US, which has threatened to introduce reciprocal tariffs from April 2
  • Finance Bill classic case of patchwork solutions: Shashi Tharoor

    Initiating debate on Finance Bill in Lok Sabha, Congress MP Shashi Tharoor alleged that the BJP government’s economic management is facing structural challenges
  • Is hyaluronic acid safe for all?

    Though hyaluronic acid is generally a safe ingredient, even for sensitive skin, youngsters should avoid products containing such active ingredients including retinol, vitamin C, alpha- and beta- hydroxy acids, and peptides, as well as those labelled with terms such as anti-ageing, wrinkle-reducing, brightening, or firming
  • Sensex rallies for 6th straight day, jumps 1,078 points on FII inflows, gains in banks on March 24

    A positive trend in the US and European markets powered the rally in Indian equities; Foreign institutional investors bought shares worth Rs 7,470.36 crore on March 21
  • Acer India follows L&T, announces one-day menstrual leave policy

    Larsen and Toubro, in a first for a major corporate house, had announced a one-day paid menstrual leave for women employees, a move set to benefit about 5,000 women employees at the company
  • Unified Pension Scheme to roll out from April 1. Here’s how it will benefit central govt employees

    Central government employees, currently under National Pension System (NPS), will have the option to switch to Unified Pension Scheme, which incorporates features from both Old Pension Scheme (OPS) and NPS  
  • Maruti, Mahindra and hyundai cars set to get costlier from this April 

    Reasons for the companies to announce price hikes include appreciation of US Dollar against the rupee impacting on input costs, tepid demand for entry-level vehicles, and number of features getting added in the cars
  • India’s traditional Goli Pop Soda makes a fresh splash in US, Europe, Gulf markets 

    A strategic partnership with Fair Exports India has also ensured steady deliveries to Lulu Hypermarket, one of the largest retail chains in the Gulf region
  • IndusInd Bank may see a new CEO by October, replacing Sumant Kathpalia: Report

    The board will need to come up with replacement by October, adding that it is unclear if only external names will form part of the shortlist or if any internal candidates will be considered
  • National Broadband Mission: Tamil Nadu leads with rollout in over 10,000 Gram Panchayats

    To improve broadband connectivity in rural areas, the government launched the Gati Shakti Sanchar Portal on May 14, 2022, thus streamlining Right of Way (RoW) permissions for Optical Fiber Cable (OFC) laying and telecom tower installation.
  • PLI scheme for telecom products sees Rs 4,081 cr investment, sales worth Rs 78,672 cr

    The Department of Telecommunications (DoT) notified the PLI scheme on February 24, 2021 to boost domestic manufacturing of telecom and networking products in India with an outlay of Rs 12,195 crore.
  • Opinion: Trump’s Ukraine strategy puts Europe in a bind

    Given US President Trump’s transactional mindset, the escalating tension between Washington and Brussels may push the US closer to Russia
  • SSF Plastics India Ltd files draft papers for Rs 550 crore IPO

    The proposed IPO comprises a fresh issue of equity shares worth Rs 300 crore and an offer for sale (OFS) of Rs 250 crore by promoters and promoter group entities
  • Adani Energy Solutions wins Rs 2,800 crore transmission project in Gujarat

    The project, to be delivered to the nation in 36 months, will supply green electrons for manufacturing Green Hydrogen and Green Ammonia in Mundra
  • SEBI cracks down on multiple companies for misappropriation of funds for personal use

    SEBI is reported to have initiated investigations against these companies for the alleged illegal diversion of funds by promoters to their relatives or front companies for personal use rather than the declared purpose for which the money was raised
  • Sensex, Nifty rebound after early losses on fresh FII inflows

    The 30-share BSE Sensex fell by 252.8 points to 76,095.26 in early trade, while the NSE Nifty slipped 57.85 points to 23,132.80. However, both benchmark indices rebounded, erasing their initial losses and moving into positive territory. The Sensex climbed 205.09 points to 76,550.97, while the Nifty advanced 70.05 points to 23,262.55.
  • Rupee gains 17 paise to 86.19 against US dollar on FII inflows, strong equities

    Forex traders attributed the rupee’s gains to FPIs becoming net buyers in equities for the second time this week while making substantial investments in debt. At the interbank foreign exchange, the rupee opened at 86.26 against the US dollar, strengthened further, and reached 86.19, marking an appreciation of 17 paise from its previous close.
  • Opinion: Union Budget 2025-26, MSME-friendly but ignores women workers

    While many reforms in the Budget focus on financial support to entrepreneurs, unfortunately, they do not address wage security or provide adequate support for women workers
  • Ola’s sales figure mismatch: Government orders probe

    While the total number of registrations by Bhavish Aggarwal-owned Ola Electric on Vahan portal for February stood at 8,652, the company reported sales of over 25,000 units during the period
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