Kolkata Port, now known as the Syama Prasad Mookerjee Port, on Friday said it has posted a record cargo handling of 54.254 million tonne in the first 10 months of the current fiscal, registering a 14.75 per cent growth over the same period last year. This achievement helped the riverine port rank fifth among Indian [...]
Toyota Kirloskar Motor (TKM) on Friday said it has inked a pact with the Indian Sugar Mills Association (ISMA) to create awareness and promote the use of ethanol as a sustainable biofuel in India. Through the Memorandum of Understanding (MoU) exchange, TKM and ISMA aim to accelerate the adoption of ethanol as an indigenous alternate [...]
India's second largest IT services company Infosys on Friday announced the appointment of Shaji Mathew as Group Head of Human Resources (HR). The appointment is effective March 22, 2023, the company said in statement, adding that Mathew will be taking over from Krish Shankar who retires on March 21, 2023, after serving in this role [...]
The Goods and Services Tax Council should consider raising the GST exemption threshold to Rs 1.5 crore annual turnover and also do away with the requirement of state-wise registration, which would help ease compliance, economic think tank GTRI said on Friday. The GST network has over 1.4 crore registered taxpayers, making it the largest global [...]
Benchmark indices Sensex and Nifty closed down by half a per cent on Friday following losses in IT and banking shares amid overall weak global market trends. The BSE Sensex declined 316.94 points or 0.52 per cent to settle at 61,002.57. During the day, it fell 508.84 points or 0.82 per cent to 60,810.67. The [...]
Neal Mohan, a longtime Indian American YouTube executive, will be the new CEO of the Google-owned video sharing platform. Mohan, a Stanford graduate and a senior advertising and product executive who joined Google in 2008, will join the elite club of global tech chiefs of Indian origin such as Google parent Alphabet's Sundar Pichai, Microsoft’s [...]
The modernisation of sugar mills in the last six years has transformed them into "integrated sugar complexes," Uttar Pradesh Chief Minister Yogi Adityanath said on Friday. Addressing an event on the occasion of 120 years of the sugar industry in the state, he said sugar in the state today is being produced on the same [...]
The country's exports to the UAE, with which India has implemented a free trade agreement on May 1 last year, is expected to cross USD 31 billion during the current fiscal on account of healthy demand for sectors such as gems and jewellery, machinery and auto, an official said on Friday. The government official said [...]
Gensol Engineering Limited, a company engaged in the solar business, saw its shares hit an upper circuit of 5 percent in the early hours of Friday at Rs 978 levels. The scrip gained after it bagged an order worth Rs 501.19 crore. The company has received purchase orders from reputed clients for the development of [...]
360 One Wam, formerly known as IIFL Wealth Management has fixed the record date for two corporate actions. This includes a 1:2 stock split and a 1:1 bonus issue. Its shares were trading at ₹ 1830.00 apiece at 12:20 PM on Friday. 360 One Wam on January 19, 2023, informed the exchanges that its board [...]
