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  UAE-based manufacturing giant plans investment in India's wire, cable industry

  October 22, 2023 7:32 IST

  The upcoming general elections and increased government spending on infrastructure projects are expected to further boost demand. However, fluctuating commodity prices may impact future growth.

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  RBI not considering re-introduction of Rs 1,000 notes: Sources

  October 20, 2023 13:40 IST

  The Rs 1,000 notes did not remain a legal tender after PM Modi announced demonetisation on November 8, 2016. There have been speculations of its re-introduction since RBI's announcement on the withdrawal of Rs 2,000 notes from circulation.

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  Go First extends flight cancellation till November 30 due to 'operational reasons'

  October 19, 2023 18:41 IST

  Earlier on May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT), alleging delays on the part of a US-based engine maker.

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  Latest update on prices of essential food items during festivals: Know here

  October 19, 2023 17:09 IST

  Essential food items prices: The central government on Oct 18 extended restrictions on sugar exports beyond October 31, 2023 and till further orders, a move aimed at increasing the availability of the commodity in the domestic market during the festive season.

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  Nokia declares mass layoffs ahead of festive season, to cut up to 14,000 jobs I KNOW WHY

  October 19, 2023 16:01 IST

  Quoting the reason behind the decision, Nokia said it is aiming to lower its cost base by between ($843 billion and 1.2 billion euros by the end of 2026. That was set to lead to a reduction from 86,000 employees now to between 72,000 and 77,000 during that time period.

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  Sensex drops 350 points, Nifty hovers around 19,550 amid weak market indicators

  October 19, 2023 13:06 IST

  the Nifty 50 index experienced a challenging day, trading at 19,566 points, a 0.59% decrease.

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  US Treasury official commends India's UPI system for cross-border payment leadership

  October 19, 2023 8:14 IST

  Highlighting India's distinct progress, Shambaugh mentioned that India has effectively advanced bilateral links between its Unified Payments Interface system and those of other nations, such as Singapore and the United Arab Emirates.

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  EV adoption: Clean energy solutions provider announces new tie-up with IIT-Roorkee to boost EV infra

  October 19, 2023 12:47 IST

  Onboard chargers for electric vehicles are designed to be compact and lightweight, intended for direct mounting on two-, three-, and four-wheelers, eliminating the need for a separate charging unit.

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  Multibagger IPO: Agricultural stock posts strong numbers in Q2 aided by increase in farm activities

  October 19, 2023 7:33 IST

  The financial results exhibit remarkable profitability. In the last year, the profit growth stood at 4,580 per cent, indicating not just an increase in revenue but also converting it into profit. In Q2, the profit before tax showed a growth of more than 15 per cent to reach Rs 23.3 crore.

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  Air India Express unveils new look, brand identity and aircraft livery | Here are DETAILS

  October 18, 2023 22:30 IST

  Air India Express is a subsidiary of Air India and a part of the Tata Group, operating over 300 flights daily across 30 domestic and 14 international airports, with a fleet of 58 aircraft, comprising 28 Boeing 737s and 28 Airbus A320s.

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  Adani Wilmar's Fortune launches TVC campaigns to cherish bond between Indians and home-cooked food

  October 18, 2023 18:13 IST

  The brand campaigns have been conceptualised and created by Ogilvy as the value of home-cooked food remains ever-strong even as more people have started venturing to dine out.

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  Markets open lower, Sensex down 110 points, Nifty in red at 19,787

  October 18, 2023 10:07 IST

  The Bank Nifty index commenced the day at 44,404.20, down slightly by 4.5 points from its previous close. Several sectoral indices showed a mixed trend at the start of trading.

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  DS Group explores Rs 2,000 crore deal to acquire Noida's Great India Place Mall: Reports

  October 18, 2023 9:06 IST

  The decision to sell the complex has arisen due to its substantial debt burden, which amounts to ₹1000 crore. This transaction is anticipated to invigorate the company's retail expansion ambitions, as indicated by an undisclosed source.

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  China sees dip in economic growth at 4.9% in third quarter

  October 18, 2023 9:39 IST

  Earlier this year, growth was boosted as people flocked to shopping malls and restaurants after nearly three years of 'zero-COVID' restrictions were removed in late 2022. However, growth from the post-pandemic recovery fizzled out sooner than expected.

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  Rolls-Royce slashes up to 2,500 jobs in bid to make company more 'streamlined and efficient'

  October 17, 2023 19:27 IST

  Company's CEO Tufan Erginbilgic said the layoffs are aimed at making Rolls-Royce "more streamlined and efficient". Earlier in 2020, the company slashed 9,000 jobs globally as it grappled with the collapse of air travel during the pandemic.

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  Markets open strong, Nifty surpasses 19,800 mark and Sensex gains 300 points

  October 17, 2023 9:37 IST

  Sensex, the benchmark index of the Bombay Stock Exchange (BSE), joined the upward trajectory, gaining 300 points in early trade.

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  Multibagger SME IPO plans dividend, bonus and share buyback program

  October 17, 2023 7:45 IST

  According to a PTI report, the paper industry's total volume in the current financial year is expected to rise 5-7 per cent, similar to the last fiscal. The operating margin will likely remain healthy at 18 to 19 per cent.

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  Recycling major plans to evaluate consolidation plan with agri products trading player

  October 17, 2023 7:43 IST

  The Ministry of Science's approval aims to create a stronger and larger entity by combining the two firms' expertise, resources, and client bases.

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  India third most optimistic market globally, heading in right direction: Ipsos Global Survey

  October 16, 2023 23:22 IST

  Global citizens on the contrary were more pessimistic with only 38% believing their country is moving in the right direction. Notably, India has moved up 5 points in optimism in September from the August wave and global citizens too have moved up by 2 per cent.

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  Markets ended lower for third straight day amid weak global equities, rise in Brent crude oil prices

  October 16, 2023 18:51 IST

  The 30-share BSE Sensex declined 115. 81 points to settle at 66,166. 93. During the day, it fell 243.36 points to 66,039.38. The Nifty slipped 19.30 points to 19,731.75.

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  Stock market opens with stable numbers: Sensex at 66,250, Nifty Above 19,700

  October 16, 2023 9:29 IST

  The market seemed to reflect a cautious yet balanced approach from investors on the first trading day of the week.

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  Multibagger metal stock reports over 34% rise in Q2 profit

  October 16, 2023 8:56 IST

  Despite the global steel market's unpredictability, Indian steelmakers are expected to perform well due to increased infrastructure development, urbanization, and favorable policy reforms boosting domestic steel demand.

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  Govt gives ultimatum to sugar sector stakeholders, asks them to disclose stocks by October 17

  October 15, 2023 19:39 IST

  The Food Ministry observed that many of the legal entities dealing with sugar trade/storage have still not registered themselves on the sugar stock management system, which is a requirement for sugar businesses and storage.

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  How first-time home buyers can save tax on buying a property | Check here

  October 18, 2023 9:59 IST

  Thе govеrnmеnt has introduced sеvеral mеasurеs to еncouragе homе ownеrship, making it morе affordablе for first-timе buyеrs.

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  Chemical stock looks to drive profitability aided by govt initiative to promote industry

  October 15, 2023 12:58 IST

  The Ministry of Chemicals and Fertilizers in a statement said that the portal (charak.chemicals.gov.in) will facilitate the collection of statistics related to various aspects of the chemical sector, such as production, installed capacity, export, import, purchases and sales.

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  SAIL plans to begin trial production of special rails by month-end: Chairman Amarendu Prakash

  October 15, 2023 12:10 IST

  SAIL has set up facilities for the production of HH rails at the new Universal Rail Mill (URM) at its Bhilai Steel Plant (BSP) in Chhattisgarh, and the cold trials for the same have already been completed.

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  Multibagger IPO signs MoU as export activities augur well for paper industry

  October 15, 2023 11:58 IST

  The government has launched several initiatives to promote the growth of the packaging industry, including the establishment of packaging parks and more.

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  Mumbai climbs to 19th, Bengaluru to 22nd position in Knight Frank’s Global Residential Cities Index

  October 14, 2023 16:06 IST

  Knight Frank Global Residential Cities Index 2023: New Delhi ranked third amongst the Indian cities and 25th globally with residential price appreciation of 4.5 pc YoY in Q2 2023. The city climbed 65 spots from the 90th rank in Q2 2022.