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"business-news"

  • 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
  • RBI appoints Indranil Bhattacharyya as new Executive Director

    Prior to his promotion as ED, Indranil Bhattacharyya was serving as Adviser in the Monetary Policy Department of the RBI
  • Adani Group to strengthen foothold in realty space, in talks to buy Emaar’s India business

    Emaar Properties entered the Indian real estate market in 2005 in partnership with India’s MGF Development. It has a large portfolio of residential and commercial spaces across Delhi-NCR, Mumbai, Mohali, Lucknow, Indore and Jaipur
  • India’s coffee exports rise to 40 per cent in April-Feb

    In Rupee terms, the exports increased 43.37 per cent to Rs 13004.75 crore during April-Feb 2024-25 from Rs 9,070 crore in the same 11-month period last
  • Rs 10,600 crore fertilizer project in Assam gets Cabinet nod

    The ammonia-urea complex will come up on the existing premises of the Brahmaputra Valley Fertiliser Corporation Limited at Namrup
  • Uber India narrows losses to Rs 89 crore, expenses surge 26 per cent

    Employee costs accounted for nearly 68 per cent of overall spending, up 29.4 per cent to Rs 2,690 crore in the fiscal year ending March 2024
  • Steel dump from China: India’s Commerce Ministry recommends 12 per cent safeguard duty on certain products

    Domestic steel players have raised concerns over increasing imports of steel from nations like China
  • Google to buy cloud security platform Wiz for $32 billion

    The acquisition represents an investment by Google Cloud to accelerate two large and growing trends in the AI era —improved cloud security and the ability to use multiple clouds
  • Sensex zooms 1,131 points amid bullish trend, reclaims 75,000-level

    The 30-share BSE Sensex settled at 75,301.26 while the NSE Nifty surged 325.55 points or 1.45 per cent to 22,834.30 on March 18
  • Rights petitions against Adani Green Energy projects in Sri Lanka withdrawn

    The withdrawal comes after Adani Green Energy notified the Board of Investment about its decision to cancel its wind energy projects in Mannar and Pooneryn
  • Flying from Mumbai to become costlier as MIAL proposes steep hike in User Development Fee

    At present, international passengers flying from Mumbai International Airport are charged Rs 187 while domestic passengers don’t have to pay any such fee
  • LG Electronics India gets SEBI nod for IPO, to raise funds via offer for sale

    The company, a wholly-owned subsidiary of South Korean giant LG Electronics Inc., had filed its draft red herring prospectus (DRHP) with SEBI on December 6, 2024
  • LG Electronics among the top IPOs to watch out for

    LG Electronics India Ltd, Innovision Ltd receive Sebi’s approval to raise funds through initial public offerings
  • Indian stock market opens higher, Sensex above 74,600

    Sensex was trading 448.91 points or 0.61 per cent up at 74,618.86 while the Nifty added 140.15 points or 0.62 per cent at 22,648.90
  • Ola Electric market valuation erodes by Rs 1,601 crore as shares hit all-time low on March 17

    Rosmerta Digital Services Ltd, its vehicle registration service provider, has sought initiation of insolvency proceedings against Ola Electric Technologies Pvt Ltd
  • Wheelchair incident: Govt to issue show cause notice to Air India

    Civil Aviation Minister Rammohan Naidu said Ministry is looking into the complaint of non-availability of a pre-booked wheelchair by Air India to an 82-year-old woman passenger at Delhi airport
  • After Maruti, Tata Motors set to hike vehicle prices

    The company will increase prices depending on individual model and variant
  • This is how much Indian banks wrote off bad loans in last 10 years

    The highest amount of Rs 2,36,265 crore was written off during FY2018-19 while during 2023-24, banks wrote off bad loans of Rs 1,70,270 crore
  • Maruti Suzuki to increase prices of its cars from April

    Country’s largest carmaker, Maruti Suzuki, said it will increase vehicle prices to offset the impact of rising input costs and operational expenses
  • IndusInd Bank well-capitalised, RBI assures depositors

    In its statement, the RBI emphasised that depositors should not react to speculative reports, as the bank’s financial position remains sound and is under its close monitoring
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