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Jwalamukhi Investment sells TVS Motor shares worth Rs 212 cr

New Delhi, Apr 18 (PTI) Jwalamukhi Investment on Monday offloaded TVS Motor Company's shares worth Rs 212 crore through an open market transaction. However, the buyer(s) of the shares could not be ascertained immediately. According to bulk deal data available with the National Stock Exchange (NSE), Jwalamukhi Investment sold a total of 32,62,840 shares of TVS [...]

MoEVing expands presence; plans to deploy 5,000 more electric vehicles this year

Mumbai, Apr 18 (PTI) E-mobility tech platform MoEVing on Monday announced expanding its operation to various Tier-2 cities in Punjab, Uttar Pradesh, Rajasthan, Gujarat and Tamil Nadu. It also plans to deploy 5,000 electric vehicles in Tier-2 markets this year. The company said that it already has over 1,000 electric two and three-wheelers in operation, [...]

Zaid crops sowing marginally up at 60.12 lakh hectare so far this year: Govt

New Delhi, Apr 18 (PTI) The total area sown to zaid (summer) crops has increased marginally to 60.12 lakh hectare so far this year, with maximum coverage under paddy, according to the agriculture ministry data.Zaid, also called grishmkal crops, are sown between February-June -- the intervening period between rabi (winter) harvest and kharif (monsoon) sowing.About [...]

India’s sugar exports touches USD 4.6 bn in 2021-22

New Delhi, Apr 18 (PTI) India's sugar exports increased to USD 4.6 billion (about Rs 35,000 crore) in 2021-22 from USD 1.17 billion (about Rs 9,000 crore) in 2013-14, the commerce ministry said on Monday. India exported sugar to 121 countries across the globe, it said."The growth was achieved despite logistical challenges posed by COVID-19 [...]

CII president condoles N Sankar’s demise

Chennai, Apr 18 (PTI) Confederation of Indian Industry (CII) President T V Narendran on Monday expressed sadness over the death of N Sankar, Chairman, The Sanmar Group. Sankar (77), died here on Sunday following a brief illness. "India has lost one of its visionary industry leaders. Mr N Sankar worked tirelessly for over 5 decades [...]

India faces global challenges from position of strength, says RBI article

Mumbai, Apr 18 (PTI) India is facing the tremors caused by geopolitical developments from "a position of strength" with improving fundamentals and strong buffers, according to an RBI article. Broadened vaccine coverage, financial sector resilience, robust export and remittances, and fiscal reprioritisation to spur capital spending on infrastructure are helping India, the article said, adding [...]

Tomar launches two new portals for agri sector

New Delhi, Apr 18 (PTI) Agriculture Minister Narendra Singh Tomar on Monday launched two new portals, including one for registration of pesticides. Another portal is for documentation related to imports and exports of agri-products and plants. The minister launched the two portals -- CROP (Comprehensive Registration of Pesticides) and PQMS (Plant Quarantine Management System) -- [...]

NielsenIQ’s global operations, tech hub opens in Tamil Nadu

Chennai, Apr 18 (PTI) Global information services company NielsenIQ's new capability centre and technology hub was virtually inaugurated by Chief Minister M K Stalin here on Monday. The 2,000-seater hub is the largest one in the world for NielsenIQ and it would cater to a global clientele and focus on digital transformation with artificial intelligence, [...]

Ocugen, Bharat Biotech extend Covaxin co-development, supply pact to Mexico

New Delhi, Apr 18 (PTI) Biotechnology firms Ocugen and Bharat Biotech on Monday said they have agreed to include Mexico in their co-development, supply and commercialisation pact for the latter's COVID-19 vaccine, Covaxin. The two companies have entered into an amendment to their agreement to expand Ocugen's exclusive territory to include commercialisation of Covaxin in [...]
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