Ekagrah Rohan Murty, the five-month-old grandson of Infosys founder N. R. Narayana Murthy, is set to get richer by at least Rs 4.2 crore as the IT bellwether announced final and special dividends.
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Sensex gains 42 points, but analysts predict market uncertainty ahead over tension in Middle East
The BSE Sensex is up 42 points and trading at 72,986 points on Thursday. However, tensions in the Middle East and a hawkish stance by the US Fed are likely to weigh on the stock markets, say analysts.
Google sacks 28 employees involved in protests over Israel govt contract
Tech giant Google has laid off 28 employees who were involved in sit-in protests at its offices over a Google contract with the Israeli government.
IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
Stepped-up allocations for agriculture, rural employment schemes such as MNREGA and special programmes for women self-help groups have helped to bolster rural demand and create a larger market for industrial products.
Adani Family further infuses Rs 8,339 crore in Ambuja Cements, increases stake to 70.3 per cent
The Adani Family on Wednesday said it has fully subscribed to the warrants programme in Ambuja Cements by further infusing Rs 8,339 crore, increasing its stake in the building material company to 70.3 per cent.
Indian economy resilient, fundamentals of stock exchanges very strong: NSE CEO
The fundamentals of stock exchanges are very strong and the ongoing geo-political situation in the Middle East is not going to have any significant impact on the Indian economy, National Stock Exchange (NSE) MD and CEO Ashish Kumar Chauhan said on Monday.
Ambuja Cements acquires My Home Group's 1.5 MTPA cement unit in TN for Rs 413.75 cr
In a bid to enhance coastal footprint across southern markets, the Adani Group’s building material company Ambuja Cements on Monday announced to acquire My Home Group's 1.5 MTPA (million tonnes per annum) cement grinding unit in Tuticorin, Tamil Nadu, for Rs 413.75 crore.
From Fragile 5 to Top 5: Statistics from 2014 to 2024 show India’s epochal journey
While the Centre and Opposition may spar over the country’s growth trajectory in the past few decades, there is no denying the fact that the economy logged a significant uptrend during the Modi government, starting from 2014 to 2024.
Reliance Retail’s Tira Launches first own label ‘Tira Tools’: A Line of Premium, Curated Beauty Accessories
Reliance Retail's Tira Beauty announces the launch of its proprietary brand, "Tira Tools," a distinctive line of beauty accessories catering to the modern consumer's needs. This marks Tira's foray into the realm of accessories, presenting a curated selection of high-quality products designed to elevate beauty routines effortlessly.
Centre directs gas-based power plants to start ops amid rising summer demand
In order to help meet the high electricity demand in the country during the summer season, the government has decided to operationalise gas-based power plants, the Ministry of Power said on Saturday.
India’s forex kitty surges to new all-time high of $648.56 bn
India's foreign exchange reserves went up by $2.98 billion during the week ended April 5 to scale a new all-time high of $648.562 billion, data released by the RBI showed on Friday.
How Tesla can reach $3.6 billion in revenue from EV sales in India by 2030
The electric cars priced around $25,000 (Rs 20 lakh and above) will have at least a 15 per cent market share by 2030, according to the latest industry data.
Adani Gas subsidiary joins MG Motor India to install charging stations to boost India’s EV goals
In a bid to help India build a robust and efficient EV charging infrastructure, Adani TotalEnergies E-Mobility Limited (ATEL) and MG Motor India on Monday signed a memorandum of understanding (MoU), which is aimed at enabling ease of use and increased accessibility for customers.
Australian envoy to India discusses future collaborations with Gautam Adani
Adani Renewables Australia's first solar farm Rugby Run near Moranbah was officially opened in October 2019, supplying 65MW of renewable energy powering about 23,000 Queensland homes.
India’s forex reserves surge to lifetime high of $645.58 bn
India's foreign exchange reserves rose for a sixth consecutive week to hit a historic high of $645.58 billion for the week ended March 29, according to RBI data released on Friday.
Range-bound rupee most stable among major currencies: RBI Governor
The Indian rupee (INR) has remained largely range-bound as compared to both its emerging market peers and a few advanced economies during 2023-24 and was the most stable among major currencies during this period, RBI Governor Shaktikanta Das said on Friday.
RBI projects GDP growth at 7 pc for 2024-25, retail inflation seen at 4.5 pc
India's GDP growth for 2024-25 is projected at 7 per cent while the forecast for inflation for the year has been retained at 4.5 per cent, RBI Governor Shaktikanta Das said on Friday.
PM Modi's determination set to bring Tesla to Indian roads soon, company scouting for factory land
It was in 2015 when Prime Minister Narendra Modi visited the Tesla facility in Palo Alto, California and Elon Musk took him for a tour of his electric car plant, convincing the PM that electric vehicles are going to be the next big disruptor. Nearly a decade later, the Tesla is set to come to - and be made in - India.
India’s services sector growth surges leading to more jobs in March: PMI survey
India's services sector growth accelerated in March on the back of strong demand, leading to employment increasing at the fastest rate in seven months and export business expanding at a record pace during the month, according to an HSBC survey released on Thursday.
Adani Green Energy becomes India's 1st to surpass 10,000 MW renewable energy
In a first for the country, Adani Green Energy Limited (AGEL) on Wednesday said it has surpassed 10,000 megawatts (MW) of operational portfolio, delivering reliable, affordable and clean power to the national grid.
Sales turnover of Government e-Marketplace doubles to Rs 4 lakh crore in 2023-24
The Government e-Marketplace (GeM) has closed the 2023-24 financial year with a Gross Merchandise Value (GMV) of a staggering Rs 4 lakh crore which is double that of the corresponding figure for the previous fiscal year (2022-23), the Commerce and Industry Ministry said on Friday.
Sensex crosses 74K mark in 1000 points rally
Among the Sensex stocks, Bajaj Fnserv is up more than 4 per cent, Bajaj Finance is up more than 3 per cent. M&M is up 3.3 per cent, SBI is up 2.8 per cent, Powergrid is up 2.5 per cent, L&T is up 2.3 per cent.
Adani Green's solar power plant to produce 540 mn units annually operationalised in Rajasthan
Adani Green Energy Limited (AGEL) on Wednesday said it has commissioned a 180 MW solar power plant at Devikot in Jaisalmer, Rajasthan.
India’s forex reserves surge for 3rd week in row to touch $642.5 billion mark
India's foreign exchange reserves surged by $6.4 billion to touch a robust $642.5 billion for the week ended March 15, the latest data released by the RBI on Friday showed.
India is the next big playground for AI: Samsung VC, CEO JH Han
Samsung Electronics Vice Chairman, CEO and Head of the Device eXperience (DX) Division Jaong-Hee (JH) Han, who visited Samsung BKC at Jio World Plaza, Mumbai for the first time since the store's opening, said on Friday that India is the next big playground for artificial intelligence (AI).