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Investors’ wealth surges over Rs 59.75 lakh crores in FY22

Investors’ wealth surges over Rs 59.75 lakh crores in FY22

Investors' wealth jumped over Rs 59.75 lakh crore in 2021-22 fiscal, helped by a largely buoyant trend in domestic stocks with benchmark index Sensex surging over 18 per cent during the period. Braving many headwinds in the latter part of the current fiscal, Sensex closed the 2021-22 financial year with a gain of 9,059.36 points [...]
Exide announces investment of Rs 6,000 crore in Karnataka

Exide announces investment of Rs 6,000 crore in Karnataka

Exide Industries on Thursday announced an investment of Rs 6,000 crore in Karnataka. This is for setting up one of the largest giga factories for advanced cell chemistry technology. "Exide Industries MD & CEO, Subir Chakraborty, met with Chief Minister (Basavaraj Bommai) this morning for Rs 6,000 crore investment in a Lithium-Ion cell manufacturing giga [...]

Direct selling industry grows 7.7% to Rs 18,067 cr in FY21: Report

New Delhi, Mar 31 (PTI) The direct selling industry grew 7.7 per cent in the pandemic impacted FY21 to cross the Rs 18,000 crore mark for the first time, according to a report.The industry's sales stood at around Rs 18,067 crore in 2020-21, which is an increase of Rs 1,291 crore over Rs 16,776 crore [...]

NBCC’s Gurugram proj: Homebuyers demand refund of money, compensation

New Delhi, Mar 31 (PTI) Aggrieved homebuyers of NBCC's Gurugram project 'Green View' project, which has been declared unsafe, on Thursday demanded refund of their money as well as compensation from the state-owned firm for the "harassment" faced by them. The homebuyers have sought refund of their investments along with a 15 per cent interest [...]

Shoolini University crosses 1,000-patent milestone

SOLAN, India, March 31, 2022 /PRNewswire/ -- Shoolini University has added another feather to its cap by crossing the landmark number of 1,000 patents filed by its researchers and students. This is a remarkable achievement considering that the record has been achieved within six years of the creation of the Intellectual Property Rights (IPR) Cell [...]

Molitics Infomedia secures USD 1.5 million in first round

Bengaluru, Mar 31 (PTI) Molitics Infomedia has raised its first round of funding worth USD 1.5 million from businessman Dinesh Pandey's Saamag Group to expand its social, political, and media application business. Molitics Infomedia said in a statement it has developed two applications -- 'Molitics' for journalists, social activists and political commentators and 'Molitics+', a [...]

Interest rates on small savings schemes unchanged for first quarter of FY23

New Delhi, Mar 31 (PTI) The government on Thursday kept interest rates on small savings schemes, including NSC and PPF, unchanged for the first quarter of 2022-23 due to an elevated level of inflation.The interest rate has not been revised since the first quarter of 2020-21.Public Provident Fund (PPF) and National Savings Certificate (NSC) will [...]

SBI-DIRECT EXC RATES

MUMBAI, MAR 31 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 74.97 76.47 74.91 76.63 EUR/INR 83.10 85.93 83.04 86.09 GBP/INR 97.76 100.88 97.68 101.07 JPY/INR 60.91 62.92 60.86 63.04 [...]

Wipro GE Healthcare launches Rs 100 crore manufacturing plant in Bengaluru

Bengaluru, Mar 31 (PTI) Wipro GE Healthcare on Thursday announced the launch of its new manufacturing facility in Bengaluru, under the government's Production Linked Incentive (PLI) scheme. The new plant, Wipro GE Medical Device Manufacturing factory (MDM), is aligned to the national agenda of 'Atmanirbhar Bharat' and will further boost local manufacturing of medical devices [...]

NEWSALERT

Government maintains status quo on interest rate of various small savings schemes. PTI DP DP BAL BAL

Volkswagen group crosses cumulative production of 15 lakh units in India

New Delhi, Mar 31 (PTI) German auto major Volkswagen group has crossed the cumulative production milestone of 15 lakh units in India across its three brands - Skoda Volkswagen and Audi, according to Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL). SAVWIPL, which manages the Indian operations of five Volkswagen Group brands -- Skoda, Volkswagen, Audi, Porsche [...]

MUM BULLION CLOSING RATES

MUMBAI, MAR 31 (PTI) MUMBAI BULLION CLOSING RATES:- CLOSING RATES SILVER SPOT (IN RS PER KILO): 66990.00 STANDARD GOLD (99.5) : 51278.00 PURE GOLD (99.9) : 51484.00 --------------------- PTI MUM SVC SVC SVC
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