Depository of News

Welspun One Logistics Parks acquires two land parcels in Lucknow, Farukhnagar

The projects will be executed under Welspun One#39;s first Alternate Investment Fund (AIF) product #39;#39;Welspun One Logistics Parks Fund I#39;#39;, launched earlier this year, a company statement said.

AstraZeneca seeks US authorisation of drug to prevent COVID-19

The company has included data from a late-stage trial of more than 5,000 participants that showed the drug reduced the risk of people developing any COVID-19 symptoms by 77 per cent.

Coal India announces performance-linked reward of Rs 72,500 per non-executive employee for FY21

The payment of performance-linked reward (PLR) would be made on or before October 11, 2021.

JSPL output grows 5%; sales jump 10% in July-September

During the period under review, the company produced 1.93 million tonne (MT) steel, which was 5 percent higher over July-September quarter of financial year 2020-21, Jindal Steel and Power Limited (JSPL) said in a statement.

TVS Motor ties up with Tata Power to set up EV charging infra across country

As part of the MoU, the two companies have agreed to drive the comprehensive implementation of electric vehicle charging infrastructure (EVCI) across the country and deploy solar power technologies at TVS Motor locations.

Mahindra Mahindra adds two new variants to premium SUV XUV700

The seven-seater two new variants — AX7 Luxury MT and AX7 Luxury AT AWD ( All-Wheel Drive) - are priced at Rs 19.99 lakh and Rs 22.89 lakh, respectively, MM Ltd said in a release.

IndusInd Bank records 10% loan growth in September quarter

Net advances stood at Rs 2,01,247 crore at the end of the second quarter of the last financial year, IndusInd Bank said in a regulatory filing.

Electric-vehicle batteries: Major players and their expansion plans

Global sales of EVs, estimated at 2.5 million vehicles in 2020, is forecast to grow more than 12-fold to 31.1 million by 2030 and account for nearly a third of new vehicle sales, according to consulting firm Deloitte.

Tata-Mistry feud may return as Shapoorji Pallonji plans Rs 6,600-crore debentures: Report

Legal experts call the planned move “potentially controversial” as Tata Sons has objected to similar moves by the Mistrys in the past

SBI PO Recruitment 2021: SBI releases notification for 2056 vacancies; Check all details

SBI PO Recruitment 2021: Candidates are required to register on-line for the recruitment process which will be held in three phases.

The online gaming conundrum

The Union government and states need to sit together to create proper regulations for the fast growing online gaming industry 

Petrol, diesel prices on Oct 5: Fuel prices hit fresh highs; check rates in your city

Petrol price increased by 22 to 29 paise per litre across India on the day, while diesel price increased by 28 to 32 paise per litre, in sync with the rise in crude prices in global markets.

Petrol, diesel prices on Oct 5: Fuel hits fresh highs; check rates in your city

Petrol price increased by 22 to 29 paise per litre across India on the day, while diesel price increased by 28 to 32 paise per litre, in sync with the rise in crude prices in global markets.

Working with petroleum ministry, Shell, Honeywell UOP on sustainable aviation fuel: IndiGo CEO Ronojoy Dutta

Commercial aviation is responsible for about two to three percent of the global carbon emissions. Swedish climate activist Greta Thunberg has given up flying to reduce her personal carbon footprint, boosting the «flight shame» movement in Europe a

Sebi slaps Rs 1.02 crore fine on Aditya Birla Money for market norms violation

Sebi also found violation of own guidelines by ABML and a lack of adequate systems and internal controls.

RBI allows banks to amortise additional liability post family pension revision

The RBI said the issues were examined from a regulatory perspective, and as an exceptional case, it has been decided that banks covered by the aforementioned settlement may take the following course of action in the matter.

HFCL bags Rs 288-cr order for Railtel Corp to set up data comm network for defense forces

The order is to be executed within a year, HFCL said in a regulatory filing.

Govt imposes export curbs on syringes: DGFT

The directorate general of foreign trade (DGFT) in a notification said it has moved syringes export in the restricted category, under which an exporter has to seek a licence or government permission for the shipments.

Government asks Coal India to invest in electric vehicles, charging pods

Coal India is the world#39;s largest coal mining company by production and accounts for over 80% of India#39;s output of the fuel.

OPEC sticks to plan for gradual output hike, oil price roars higher

OPEC ministers «reconfirmed the production adjustment plan» previously agreed for adding 400,000 bpd in November, the group said in a statement issued after their online ministerial talks.

86% of large-cap MFs underperformed indices in the year to June 2021: Report

Mumbai, Oct 4 Eighty six per cent of large-cap equity schemes of mutual funds underperformed the indices during the one year to June 2021, which wi..

Credit guarantee scheme for MSMEs extended till March 31

The scheme was approved by the government on June 1, 2020. It was launched on June 24 the same year to provide credit facility through lending institutions to the promoters of stressed MSMEs.

Mumbai airport to reopen domestic passenger terminal T1 from Oct 20

GoFirst, AirAsia India, Star Air and TruJet will resume all their domestic operations from Terminal 1 from October 20 midnight, the private airport operator said in a release.

Mumbai airport to reopen domestic passenger terminal T1 from October 20

GoFirst, AirAsia India, Star Air and TruJet will resume all their domestic operations from Terminal 1 from October 20 midnight, the private airport operator said in a release.

Gold prices slightly dip to Rs 46,394/10 gm on global cues, ETF outflow; silver up Rs 416 a kg

The broader range on COMEX could be between $1730- 1772 and on the domestic front, prices could hover in the range of Rs 46,180- 46,820, said Damani.

Cyber security management is a continuous process: SEBI chairman Ajay Tyagi

Ajay Tyagi also highlighted the SEBI#39;s cyber security efforts related to market infrastructure institutions, intermediaries, mutual funds and its internal measures.

Crude oil prices rise on high demand, dollar downtick; WTI trades near $76 a barrel

The momentum indicator Relative Strength Index (RSI) is at 70.70, which indicates a buy in the prices.

CEAT announces completion of 26% stake buy in Cleanwin Energy

Cleanwin Energy owns, operates and maintains a captive wind power generating plant in Maharashtra. The RPG Group company plans to move to 50 per cent renewable power in the next three years.

Silver prices slip below Rs 60,500 per kg on subdued gold trend; traders add long positions

The momentum indicator Relative Strength Index was at 43.29, indicating a bearish trend in the price.

Infrastructure finance by banks, NBFC-IFC remains sluggish in Q1 FY2022: Study

With the government#39;s focus on the infrastructure sector, the demand for infrastructure credit is likely to improve over the medium term, the report said.

Zee-Invesco NCLT Hearing: Invesco says NCLT must make a mandatory order to call EGM

«My apprehension that they (Zee) are not going to call the meeting has proved correct», said senior advocate Mukul Rohatgi, who is representing Invesco in court.

Zee-Invesco NCLT Hearing: Not concerned about EGM outcome but EGM being called, says Invesco

«My apprehension that they (Zee) are not going to call the meeting has proved correct», said senior advocate Mukul Rohatgi, who is representing Invesco in court.

Natural gas futures stay positive after 11.7% surge last week

The commodity has been trading higher than 5, 20, 50, 100, and 200 days#39; simple moving averages and exponential moving averages on the daily chart.

Temasek to invest Rs 540 crore in Integrace; True North to partially exit

True North is partially exiting its investment in the orthopaedic and gynaecology-focused pharma company in the deal and will continue to own a majority stake in the firm, as per a statement.

Zee-Invesco NCLT Hearing : Not concerned about outcome of EGM but about EGM being called, says Invesco

«My apprehension that they (Zee) are not going to call the meeting has proved correct», said senior advocate Mukul Rohatgi, who is representing Invesco in court.

SBI introduces NAV-eCash card; here are features and benefits

NAV-eCash Card with its dual-chip technology will facilitate both online as well as offline transactions.

Toshiba India appoints Shuichi Ito as Managing Director

Shuichi Ito will succeed Tomohiko Okada, and lead Toshiba India’s energy and social infrastructure businesses in the country, a company statement said.

OPEC seen keeping oil output policy unchanged, company sources say

Ministers from The Organization of the Petroleum Exporting Countries, Russia and their allies, known as OPEC , are due to gather online at 1300 GMT. An OPEC ministerial panel that monitors market developments, known as JMMC, meets before that.

Farmer producer organisations are coming in a big way in India: Nabard chairman G R Chintala

Speaking at a webinar organised by BCCI, Chintala said that FPOs is the new paradigm in Indian farming. There are nearly 10,000 FPOs in the country today out of which 5000 have been promoted by Nabard.
Contacts | Privacy Policy | Terms of Use
Twitter Facebook