New Delhi, Mar 29 (PTI) Thousands of workers of state-owned RINL and NMDC boycotted work for a second day on Tuesday as part of the nationwide strike, affecting steel production and mining operations, a union leader said. Rajesh Sandhu, Secretary of NMDC Sanyukt Khadaan Mazdoor Sangh said all non-executive workers have boycotted work to join [...]
New Delhi, Mar 29 (PTI) Shares of Hero MotoCorp on Tuesday tumbled over 7 per cent amid reports that the I-T Department has found certain false expenses claims by the company. The stock dived 7.08 per cent to settle at Rs 2,208.35 apiece on the BSE. During the day, it tumbled 9.32 per cent to [...]
New Delhi, Mar 29 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said the Budget for the next fiscal will attract private investment, and ensure a predictable economic recovery in the years to come. Replying to a debate on appropriation and finance bills in the Rajya Sabha, she also defended the handling of inflation but acknowledged [...]
Chennai, Mar 29 (PTI): German luxury car maker Tamil Nadu plant has emerged as a centre of manufacturing excellence in last 15 years and has locally produced 'Made in India' BMWs with the toughest quality standards, a top official said. The automobile major's plant located at Singaperumal Koil on the outskirts of the city on [...]
New Delhi, Mar 29 (PTI) The government on Tuesday said it has decided to keep the import of Tur dal and Urad dal under free category till March 2023 as part of its efforts to boost domestic supply and keep prices under control. "In yet another proactive and pre-emptive measure to augment domestic availability and [...]
New Delhi, Mar 29 (PTI) Hero MotoCorp on Tuesday said it will increase prices of its motorcycles and scooters by up to Rs 2,000 from April 5. The price revision has been necessitated to partially offset the impact of increasing commodity prices, the country's largest two-wheeler maker said in a statement. The company will make [...]
New Delhi, Mar 29 (PTI) Industry body CII on Tuesday appealed before markets regulator Sebi to defer the introduction of amendments to the related party transaction rules by at least six months and sought a detailed deliberation on the regulations given their far-reaching impact on the business environment. The new rules are set to come [...]
New Delhi, Mar 29 (PTI) Finance Minister Nirmala Sitharaman on Tuesday defended the 137-day hiatus in fuel price revision, saying the disruption in supply chains and the resultant increase in global oil prices due to the war in Ukraine was a "couple of weeks" phenomenon resulting in the record hike in petrol and diesel prices [...]
Bharti Airtel along with its wholly-owned subsidiary has acquired about 4.7 per cent stake in Indus Towers from Euro Pacific Securities, an affiliate of Vodafone Group, a stock exchange filing said on Tuesday. The shares were acquired at Rs 187.88 a piece, it said. "...We wish to submit that the company, along with its wholly-owned [...]
New Delhi, Mar 29 (PTI) SBI will buyout the entire stake of over 13 per cent held by three other banking partners in SBI Global Factors Ltd (SBIGFL), the bank said on Tuesday.The other three banking partners are SIDBI, Bank of Maharashtra and Union Bank of India.The decision was taken in a meeting of the [...]
