Business

Ahmedabad, Jan 10 (UNI) Remaining highly bullish on India’s growth story, top business leaders Mukesh Ambani, Gautam Adani, and N Chandrasekaran committed more investments in Gujarat on Wednesday to further grow their presence in the coastal state. Participating in the 10th edition of the Vibrant Gujarat Global Summit 2024, Reliance Industries Chairman Mukesh Ambani made…

New Delhi, Jan 8 (UNI) ONGC on Monday announced the commencement of the “first oil” production from the deepwater Krishna Godavari basin (KG-DWN-98/2 Block, situated off the coast of Bay of Bengal). This project is likely to increase ONGC’s total Oil and Gas production by 11 per cent and 15 per cent respectively, ONGC said…

New Delhi, Jan 7 (UNI) The Goods and Services Tax (GST) authorities have detected as many as 29,273 bogus firms involved in suspected Input Tax Credit (ITC) evasion of Rs 44,015 crore since May last year. In the massive drive against tax evasion, the authorities have arrested 121 persons, Finance Ministry said in a statement…

Mumbai, Jan 6 (UNI) India plans to set up ‘Bharat Park’ in UAE where Indian goods showroom and warehouses will come up, facilitating other countries in the world to buy Indian goods from ‘Bharat Park’ as the payment system is secured in UAE, stated Union Minister of Textiles & Commerce Piyush Goyal. Speaking as chief…

Mumbai, Jan 4 (UNI) Snapping a losing streak of last two sessions, the BSE Sensex on Thursday rallied 490.97 pts to close at 71,847.57 on the strength of Realty, Utilities, Telecommunications stocks. The National Stock Exchange (NSE) rose 141.25 pts at 21,658.60. The NSE was days high and low at 21,954.79 and 21,546.60 pts respectively….

Chennai, Jan 1 (UNI) The foundation stone for the maiden factory at the country’s first non-leather footwear component cluster that is coming up inside the footwear park at Perambalur in Tamil Nadu will be laid during the upcoming Global Investors Meet (TNGIM) next week in the presence of Chief Minister M.K.Stalin. Zhong Bu Development Singapore…

Mumbai, Dec 30 (UNI) The Reserve Bank of India (RBI) on Saturday said that it has cancelled the licences of Musiri Urban Co-operative Bank and Faiz Mercantile Cooperative Bank for regulatory non-compliance. Consequently, the two co-operative banks are barred from carrying out banking business which includes, among other things, acceptance of deposits and repayment of…

New Delhi, Dec 29 (UNI) Driven primarily by coal and refinery products, India’s core sector comprising of eight key infrastructure components grew 7.8% in November 2023 as against 12.1% in the previous month. “The combined Index of Eight Core Industries (ICI) increased by 7.8 per cent (provisional) in November 2023 as compared to the Index…

Gurugram, Dec 27 (UNI) Air India, India’s leading global airline, on Wednesday announced that passengers flying to and from Delhi IGI airport during the winter season will be allowed to reschedule or cancel their bookings at no extra cost if their flight is likely to be affected by major fog delays. This is part of…