NEWS
PNB raises Rs5,000 cr from institutional investors to bolster capital
30 Sep 2024
Punjab National Bank (PNB) has raised Rs5,000 crore through allocation of around 481.9 million shares to qualified institutional investors, the state-owned lender said on Friday.
Tata Motors starts work on new TN factory for Tata, JLR vehicles
30 Sep 2024
Tata Motors on Saturday initiated work on a new manufacturing facility in Tamil Nadu that will produce next-generation vehicles for Tata Motors and Jaguar Land Rover (JLR).
Govt move to merge RINL and SAIL seen hurting Vizag steel plant workers
30 Sep 2024
The government’s move to save debt-laden Rashtriya Ispat Nigam Ltd (RINL) from certain collapse by merging it with Steel Authority of India (SAIL) Ltd seems to be taking a toll on the Vizag plant’s employees.
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Shigeru Ishiba to replace Fumio Kishida as Japan’s prime minister
30 Sep 2024
Japan’s ruling Liberal Democratic Party on Friday elected Shigeru Ishiba, former defence minister, as the new prime minister of Japan, replacing Fumio Kishida.
Thermax wins Rs516-cr order for boilers from Jindal Energy Botswana
30 Sep 2024
Thermax Ltd has secured a Rs516-crore order from Jindal Energy Botswana Pty Ltd for supply of two 550 TPH Circulating Fluidized Bed Combustion (CFBC) boilers.
Tata Electronics, PSMC sign tech transfer agreement for Gujarat chip project
27 Sep 2024
Tata Electronics on Thursday announced the completion of a technology transfer agreement with Powerchip Semiconductor Manufacturing Corporation (PSMC)
Centre hikes minimum wages for unorganised sector workers
27 Sep 2024
The central government has raised the minimum wage payable to unorganised workers engaged in building construction, loading and unloading,
Novartis India refutes media reports of negotiations with Alkem Labs
27 Sep 2024
Novartis India, has refuted media reports stating that its parent company is in talks with Mumbai-based Alkem Labs for sale of the Indian arm.
Karnataka may exempt electric and hybrid vehicles from paying road tax
26 Sep 2024
The Karnataka government is reported to be planning to give exemption form road tax to electric and hybrid vehicles with a price tag of less than Rs25 lakh, as part of its efforts to develop a clean mobility
Shankh Air gearing for takeoff as Air Kerala awaits a 2025 launch
25 Sep 2024
Two new Indian airlines are aiming to take to air with preliminary clearance from the civil aviation ministry, but both have to obtain approval from the country’s civil aviation authority
Greece to raise around $1 billion through sale of 12% stake in National Bank
25 Sep 2024
The Greek government is expected to raise around 900 million euros ($1 billion) through sale of a 12 per cent stake in the National Bank of Greece (NBG), the country’s second-largest lender by market value.
Hyundai Motor India gets Sebi nod for Rs20,000-cr IPO
25 Sep 2024
Hyundai Motor India, the Indian unit of South Korean carmaker Hyundai Motors, has received approval from market regulator Securities and Exchange Board of India (Sebi) forits Rs20,000 crore
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