In order to reduce air pollution, Union Minister Gadkari stated on Tuesday that he will seek a "pollution tax" in the form of an additional 10% GST on diesel cars and generators. Speaking at the 63rd Annual SIAM convention here, the Union Road Transport and Highways Minister said the rising level of pollution is a [...]
In order to collect money through an Initial Public Offering (IPO), the government-run Indian Renewable Energy Development Agency (IREDA) has submitted draft papers with Sebi. The state-owned company is planning to go public for the third time following two unsuccessful bids in 2017 and 2019 against the backdrop of unfavourable market conditions. According to the [...]
The RBI has approved the reappointment of Sandeep Bakhshi as Managing Director and CEO of the private lender for three years. Private sector ICICI Bank on Monday said. The reappointment of Bakhshi will be effective from October 4, 2023, till October 3, 2026, ICICI Bank said in a regulatory filing. The bank's shareholders have already [...]
In order to produce reinforced products, Tata Steel on Monday opened a completely automated construction service centre in Uttar Pradesh. The centre in Ghaziabad, which is the company's second such unit after Cuttack in Odisha, will also provide solutions to the construction industry, Ashish Anupam, Chairperson, Marketing & Sales, Long Products, Tata Steel, said while [...]
NTPC Green Energy Limited (NGEL) has entered into a pact with Nayara Energy to explore opportunities in the green hydrogen space. NTPC said in a statement, on Monday the memorandum of understanding (MoU) was signed between NGEL CEO Mohit Bhargava and Nayara Energy Head-Technical Amar Kumar, in the presence of other senior officials of both [...]
The company said on Tuesday that NTC Group, engaged in logistics and supply chain management, has forayed into the Indonesian market further strengthening its presence overseas. Besides having a presence as an integrated logistics solution provider, in Singapore, Malaysia, Hong Kong, Belgium, and Saudi Arabia. NTC Group has launched operations in Jakarta. With the presence [...]
On Friday for public subscription, the initial share sale of travel service provider Yatra Online Ltd will open. According to the Red Herring Prospectus filed on Friday, the three-day Initial Public Offering (IPO) will conclude on September 20 and the bidding for anchor investors will open on September 14 and for retail on September 15. [...]
Reliance Industries Ltd said on Monday that, Reliance Retail Ventures Ltd. will get an investment of Rs 2,069.50 crore from the international investment firm KKR in exchange for an additional 0.25 per cent share in the retailer, which is valued at roughly Rs 8.36 lakh crore. By making this investment, KKR would boost its ownership [...]
On Monday, strong buying by domestic investors helped equity markets extend the winning streak to a seventh straight session. The benchmark Sensex increased by 528 points to reclaim the 67,000 level, while Nifty scaled the record 20,000 level for the first time. The positive momentum in stocks was also aided by the success of the [...]
ITI Limited, a public sector telecommunications company, announced on Monday that it had created its own branded laptop and micro PC and introduced them to the market. The central PSU with headquarters in Bengaluru and that falls under the Ministry of Communication claimed that the products now bear the "SMAASH" brand. Shares of ITI hit [...]
