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Business
Sun Petrochemicals signs Rs 45,500 crore investment MoU with T'gana
23 Jan 2025 11:33 AM IST
Hyderabad, Jan 23: In one of the single largest investment deals, Sun Petrochemicals, a leading energy company, has signed a Memorandum of Understanding (MoU) with the Telangana government to invest Rs 45,500 crore in the state. As per the MoU signed on the sidelines of World Economic Forum in Davos...
Business
Maha govt signs 31 MoUs for investment proposals worth Rs 6,25,457 crore at...
22 Jan 2025 11:28 AM IST
Mumbai, Jan 22: The Maharashtra government has signed a record 31 MoUs with investment proposals worth Rs 6,25,457 crore in the field of steel, metals, renewable energy, infrastructure, cement, Lithium-Ion Batteries and Solar Modules on the sidelines of World Economic Forum summit at Davos. The MoUs...
Business
Centre introduces diamond imprest authorisation scheme to revive sector
22 Jan 2025 11:26 AM IST
New Delhi, Jan 22: With an aim to enhance the global competitiveness of India’s diamond sector, the government has introduced the Diamond Imprest Authorization (DIA) Scheme that will be implemented from April 1. The scheme provides a streamlined mechanism for duty free import of natural cut and...
Business
Centre unveils Rs 2,000 crore projects to boost capacity at Mumbai’s Jawaharlal...
22 Jan 2025 11:24 AM IST
Mumbai, Jan 22: Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, on Tuesday launched multiple projects worth nearly Rs 2,000 crore in order to expand capacity at the Jawaharlal Nehru Port here. The Union Minister also launched one solar-powered boat, two indigenously developed...
Business
Sensex tanks more than 800 points over impending Trump trade tariffs
21 Jan 2025 1:15 PM IST
Mumbai, Jan 21: Indian stock markets saw a sharp decline on Tuesday, giving up their morning gains and trading significantly lower by midday as investors remain cautious about Trump trade tariffs. The BSE Sensex plunged 849 points to hit an intraday low of 76,225, while the NSE Nifty dropped 217...
Business
WEF meet kicks off in Davos with Crystal Awards for Beckham, Furstenberg,...
21 Jan 2025 12:17 PM IST
Davos, Jan 21: The 55th World Economic Forum (WEF) Annual Meeting kicked off with the theme "Collaboration for the Intelligent Age", at Davos in the Swiss Alps on Tuesday with three celebrities football legend David Beckham, fashion designer Diane von Furstenberg, and architect Riken Yamamoto being...
Business
India, Belgium to deepen trade and investment ties: Piyush Goyal
21 Jan 2025 11:37 AM IST
New Delhi, Jan 21: Union Minister for Commerce and Industry Piyush Goyal and Bernard Quintin, Belgian Minister of Foreign Affairs, European Affairs and Foreign Trade, held bilateral talks in Brussels to boost trade and investment ties across the spectrum, it was announced on Tuesday. The meeting...
Business
Govt’s push to toy manufacturing boosted Aatmanirbharta: PM Modi
20 Jan 2025 3:44 PM IST
New Delhi, Jan 20: Prime Minister Narendra Modi on Monday highlighted that the government’s strides in the toy manufacturing sector have boosted India’s quest for 'Aatmanirbharta,' and popularised traditions and enterprise. “It was during one of the #MannKiBaat episodes that we had talked about...
Business
10 pc richest in UK extracted wealth from India worth $33.8 trillion between...
20 Jan 2025 3:43 PM IST
New Delhi, Jan 20: Between 1765 and 1900, the richest 10 per cent in the UK extracted wealth from India alone worth US$33.8 trillion in today’s money enough to carpet the surface area of London in the 50-pound notes almost four times over, an Oxfam global report said on Monday. According to authors...
Business
24 companies to invest Rs 3,516 crore under PLI scheme for ACs and LED lights
20 Jan 2025 3:41 PM IST
New Delhi, Jan 20: With as many as 24 beneficiary companies committing an investment of Rs 3,516 crore in the third round, the government’s production linked incentive (PLI) scheme is poised to significantly boost the production of components of ACs and LED lights across India, according to a...
Business
Infamous Hindenburg, which targeted Adani Group, faced intense scrutiny from...
16 Jan 2025 2:26 PM IST
New Delhi, Jan 16: Infamous short selling firm Hindenburg Research, which is now being disbanded as per an open letter from its founder Nate Anderson, has been under the radar of Indian regulators like the Securities and Exchange Board of India (SEBI) over its report against the Adani Group, which...
Business
81 pc India Inc backs PM's internship scheme, embraces internships through CSR:...
16 Jan 2025 2:23 PM IST
New Delhi, Jan 16: More than 80 per cent of India Inc is in support of the Prime Minister's Internship Scheme 2024 and is making great strides to align their Corporate Social Responsibility (CSR) initiatives with the scheme, according to a report on Thursday. The report by TeamLease EdTech, based on...
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