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DPIIT relooks at FDI from China: Govt sources
NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT) is considering revisiting the restrictions placed on foreign direct investment (FDI) from China as part of a broader evaluation of the country’s foreign…
Penalty if CIL fails to supply coal to consumer
NEW DELHI: In a first such instance, state-owned Coal India Limited (CIL) will be liable to pay a penalty if it fails to supply coal to consumers through e-auction. Until now, only buyers faced penalties for not lifting the full quantity…
India aims to become global semiconductor manufacturing hub – Modi
NEW DELHI: Prime Minister Narendra Modi announced that many global companies are eager to invest in India, with the nation poised to become a global leader in semiconductor production.
In his speech from the Red Fort, Modi emphasised the…
PFC Chief Inaugurates Research Anatomy Lab at IIT Madras as CSR Initiative
Chennai— Power sector Maharatna PFC Chairperson Smt. Parminder Chopra, inaugurated a state-of-the-art Anatomy laboratory at the Department of Medical Sciences and Technology, Indian Institute of Technology Madras (IIT Madras) on Tuesday.…
Customers porting to BSNL after tariff hike: Vodafone Idea CEO
NEW DELHI: Many Vodafone Idea Limited (VIL) customers are porting to the state-owned Bharat Sanchar Nigam Limited (BSNL) following a tariff increase by telecom companies in July 2024, said Vodafone Idea's Chief Executive Officer, Akshaya…
Study reveals success strategies of startups
Mumbai: In an interesting study, Indian Institute of Management Lucknow researchers have decoded the success strategies of unicorn startups -- companies that surpass a billion-dollar valuation. The findings reveal that startups led by…
IRCTC net income soars 33% despite decline in profit margin
New Delhi: Higher ticket sales offset the massive fall in profit margin and boosted the net income of the rail ticketing monopoly Indian Railway Catering and Tourism Corporation (IRCTC) by 33.3 percent on year to Rs 308 crore for the June…
I&B Ministry issues advisory to TV channels to show videos of calamities with time stamp
The advisory was issued because during continuous coverage of calamities for several days, the same footage is repeated instead of the real-time ground situation causing confusion among viewers.
Centre withdraws broadcasting bill draft amid backlash, to issue new one after ‘mass…
The latest version of the bill now withdrawn, is reported to have proposed comprehensive regulations on independent news creators or influencers on social media platforms.
REC Chairman VK Dewangan honored with ‘Distinguished Fellow’ Award 2024 by Institute of…
Gurugram : Vivek Kumar Dewangan, IAS, CMD, REC Limited was honoured with 'Distinguished Fellow' Award at the 2024 Director's Conclave & 34th IOD Annual Day. The Institute of Directors organized this event to recognize and honor the…
Hindenburg Research warns of something big in India soon
CHENNAI: Short-seller Hindenburg Research is at it, promising 'something big soon' in India again.
The announcement came in an early morning India time tweet.
The tweet has gone viral and elicited a range of responses. Hindenburg has…
India’s forex reserve scale a new high of $674.91 billion
New Delhi: India's foreign exchange reserve has touched a new high at $674.91 billion for the reporting week to August 2, ratcheting up a good $7.53 billion in the reporting week, indicating a robust external sector performance, according…
SEBI’s push for Municipal bonds to help fund-starved civic bodies
Sebi_building-PTI_1-Mumbai: The Securities and Exchange Board of India (Sebi) has urged pension funds and insurers to support municipal bond issuances to help develop this nascent market so that fund-starved civic bodies can be helped.…
PFC Shines at ASSOCHAM 2024: Awarded for Outstanding Corporate Bond Market Performance
Mumbai: Power sector Maharatna PFC has won ASSOCHAM’s prestigious Corporate Bond Market 2024 Award in the CB-Private Placement category. The award was presented at the 7th National Summit and Awards, Corporate Bond Market 2024 held on…
FM Sitharaman asserts GST on insurance decisions rest with GST Council
NEW DELHI: Finance Minister Nirmala Sitharaman emphasized in the Rajya Sabha on Thursday that the decision regarding the Goods and Services Tax (GST) on health and life insurance premiums rests solely with the GST Council. She stated that…
Disconnect resources of entity caught engaging in spam activities: TRAI
NEW DELHI: In a bid to combat the rising menace of spam calls in the country, the Telecom Regulatory Authority of India (TRAI) directed telecom service providers (TSPs) on Thursday to disconnect the telecom resources of any entity caught…
Consultation for satellite spectrum grant to begin
NEW DELHI: Citing the ongoing growth momentum led by government capex, deleveraged balance sheets of corporate quality banks’ assets, and a likely revival in private corporate capex, India Ratings has upped its growth forecast for the…
Early signs of tariff hike encouraging, no major impact on telecom users: Vittal
NEW DELHI: The early signs of the tariff hike by telecom service providers are encouraging, and it has not had a significant impact on telecom subscribers, said Gopal Vittal, managing director of Bharti Airtel, on Tuesday.
Vittal,…
Power Sector Maharatna PFC Ltd. maintains strong growth, declares Rs. 3.25 Interim
New Delhi: "PFC’s sustained success is reflected in its ability to deliver value to shareholders. The company's strong performance has enabled it to declare an interim dividend of Rs. 3.25 per share in Q1’25, " said Power Sector…
Global equities rout on US growth concerns sends Sensex, Nifty down
MUMBAI: Stock market benchmark indices Sensex and Nifty crashed nearly 3 per cent on Monday following extremely weak trends in global equity markets amid fears of a slowdown in the US economy.
The 30-share BSE Sensex plummeted 2,222.55…
