CATEGORIES

ReNew in pact with Anzen to sell 300 MW solar asset

ReNew Energy Global Plc (ReNew) on Monday said it has signed an agreement with Anzen to sell its entire stake in its wholly owned subsidiary RSWPL at an enterprise value of USD 176 million.

ADB commits USD 70 mn to Vastu Hsg Fin

Manila-based multilateral funding agency Asian Development Bank (ADB) has committed USD 70 million (about Rs 595 crore) to Vastu Housing Finance to bolster affordable home loans.

NCLAT upholds Reliance Broadcast sale to Sapphire Media

The NCLAT on Monday set aside a batch of appeals filed against an NCLT order approving bids of Sapphire Media for Reliance Broadcast Network Ltd.

Cabinet Minister Lodha takes charge of Skill Development Dept

At the Maharashtra State Skill University on Monday, Cabinet Minister Mangal Prabhat Lodha once again assumed charge of the Skill, Employment, Entrepreneurship and Innovation Department.

HC bars entities from using Reliance Retail's trademarks

The Delhi High Court on Monday restrained some entities from using Reliance Retail Ltd.'s \"Reliance\", \"Campa\" and \"Campa Cola\" trademarks till the next hearing on May 19.

Adani Group to buy Air Works for enterprise value of ₹400 cr

Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul (MRO) services firm Air Works for an enterprise value of Rs 400 crore.

L&T secures major K9 Vajra-T artillery order

Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a major order from the Defence Ministry for the supply of K9 Vajra-T Artillery Platforms to the Indian Army.

Nissan, Honda expected to announce plans to merge

Japanese automakers Nissan and Honda were expected to announce Monday that they are in talks on a merger that would catapult them to No. 3 in a global industry undergoing tectonic shifts as it transitions away from reliance on fossil fuels while facing intensifying competition from Chinese rivals.

More planes, flights, airports to brighten Indian aviation in 2025

The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer.

Telecom subscriber base in India sees decline in October 2024

The Telecom Regulatory Authority of India (TRAI) has released its subscription data for October 2024, revealing a decline of 33 lakh active subscribers across the country.

Bharat Electronics Ltd bags orders worth ₹973 cr

Bharat Electronics Limited (BEL) has secured additional orders worth Rs 973 crore since last disclosure on December 9, the Navratna Defence Public Sector Undertaking said on Monday.

INDIA'S SAVINGS RATE SHOOTS PAST GLOBAL AVERAGE: SBI REPORT

India's savings rate has surpassed the global average as financial inclusion has shot up in the country with over 80 per cent adults now having formal financial accounts, according to an SBI report released on Monday.

Rupee falls 7 paise to close at 85.11 against US dollar

The rupee depreciated 7 paise and settled for the day at 85.11 against the US dollar on Monday, amid continued strength in the dollar index bolstered by the Fed's policy stance.

Gilts end up on fall in US yields, February rate cut hope

Government bond prices ended higher due to a fall in US Treasury yields since Friday on softer-than-expected inflation data.

Sebi suspends trading in Bharat Global Developers over financial misrepresentation

Markets regulator Sebi on Monday suspended trading in Bharat Global Developers Ltd (BGDL) for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices.

Stock markets to remain open for trading: BSE, NSE

The BSE and the NSE said the stock markets will be open for trading on February 1, 2025, Saturday, on account of the Union Budget for 2025-26.

Retail inflation for farm, rural workers eases in November

Retail inflation for farm workers and rural labourers dipped to 5.35 per cent and 5.47 per cent in November compared to 5.96 per cent and 6 per cent, respectively, in October this year.

India poised to lead global race towards 6G: COAI

India is poised to lead the global race towards 6G, with an exciting opportunity to drive technological leadership, the Cellular Operators Association of India (COAI) said on Monday.

Growth slowdown serious, mfg push can curb inflation

MPC'S KUMAR | Cutting repo rate could help revive pvt invest

Exporting MSMEs up to 1,73,350 in 2024-25: Centre

The total number of exporting micro, small and medium enterprises (MSMEs) increased considerably from 52,849 in 2020-21 to 1,73,350 in 2024-25, the government said on Monday.

Mkts stage sharp recovery; Sensex climbs 500 pts

\"The lower-than-expected US PCE print bolstered investor sentiment in interest rate-sensitive sectors\"

Claims ratio of non-life insurers decreases to 82.52% in FY24

Net incurred claims to net earned premium (claims ratio) of non-life insurance industry stood at 82.52 per cent during 2023-24 as against 82.95 per cent in the preceding fiscal year, as per the Irdai's annual report.

Dry weirs threaten two districts

Nanded and Hingoli may face water crisis in the summer due to the dry weirs

MAN KILLS PREGNANT WIFE

A man is accused of severely beating his pregnant wife to death on the suspicion that the child in her womb is not his.

235 donate blood in Sant Nirankari camp

CHHATRAPATI SAMBHAJINAGAR

Guardian minister's post: Bone of contention

The much-awaited expansion of the cabinet and distribution of the ministry was done on Saturday.

Civic body mulls proposal to bear dog bite treatment cost

The increasing menace of stray dog bites in Pune has become a growing concern for residents.

EXCISE CRACKS WHIP ON ILLICIT LIQUOR TRADE

CRACKDOWN | Action taken ahead of Christmas and New Year's Eve celebrations

Sugarcane fields turn into refuge for wild animals in Satara

struggling wildlife - The destruction of wildlife habitats due to human encroachment, including deforestation, intentional fires, and widespread hunting, is forcing wild animals to seek refuge in urban areas. As a result, many species are now living in fields near human settlements, struggling for survival.

Man arrested with counterfeit currency notes

The Samartha Police have apprehended a man from Gujarat with counterfeit currency notes of Rs100 and Rs500 from Rasta Peth during a late-night operation between Friday and Saturday.