Wednesday , October 27 2021

BUSINESS

Relief for consumers: LPG cylinder rates slashed

New Delhi: At a time when soaring prices of petrol, diesel, CNG and PNG has sent household budget into a spin, oil companies provided relief to some extent by cutting prices of non-subsidised LPG cylinders by Rs 35.50. The price cut is the second in less than a month after ... Read More »

Five Star Rating awarded to Rajpura Dariba Mine

  Hindustan Zinc’s Rajpura Dariba Mine received ‘Five-star Rating’ for exemplary performance in implementation of Sustainable Development Framework at the 3rd National Conclave on Mines & Minerals, at a glittering ceremony in New Delhi on 20th March 2018. The prestigious award was presented by Hon’ble Union Minister of Mines – Mr. Narendra ... Read More »

Five Star Rating awarded to Rampura Agucha Mine

Hindustan Zinc’s Rampura Agucha Mine received Five Star Rating for exemplary performance in implementation of Sustainable Development Framework in the 3rd National Conclave on Mines & Minerals, at a glittering ceremony in New Delhi on 20th March 2018. The prestigious award was presented by Hon’ble Union Minister of Mines – Mr. Narendra ... Read More »

Bailable warrant against 7 Essar officials by Udaipur court

Udaipur : A special court in Udaipur, hearing cases related to the prevention of atrocities against SC/ST communities, has summoned for appearance seven officials of the Essar Oil Ltd in connection to a harassment and forgery case pending for two years.The complaint is lodged under the Scheduled Caste and Scheduled Tribes (Prevention ... Read More »

India’s RUJ Group Inaugurates Swiss Precision & Assembly Plant in JV with Switzerland-based SRM Technologies AG

India’s ‘Make in India’ initiative and mechanical engineering industry strives to apply cutting-edge technology, produce high-quality products up to international standards, and further participate in the global value chain. To make this initiative more meaningful and impactful, Switzerland-based Scientist Dr. Rajendra Joshi and his wife Mrs. Ursula Joshi (RU  J Group) ... Read More »

Hindustan Zinc highlights its Best Sustainable Practices in ‘Digifest 2018’

Hindustan Zinc, India’s only and world’s leading integrated zinc producer has been the key initiator in adopting clean green practices. Hon’ble Chief Minister of Rajasthan, Smt. Vasundhara Raje visited the stalls and appreciated the efforts of Hindustan Zinc towards water consumption during the  four-day IT festival, ‘Digifest 2018’, which was hosted ... Read More »

Battle between Amazon, Walmart Spills Over to Faraway Countries

For the past many years, Amazon has been the undisputed ruler of the e-commerce market. Selling good quality products at discounted rates, repeated Amazon offers and festive sales, has helped the company create a large dedicated and committed customer base. However, its rival Walmart has not left any stone unturned ... Read More »

Prism Cement’s arm completes expansion at Morbi plant

Prism Cement’s step-down joint venture – Spectrum Johnson Tiles (Spectrum) has successfully completed the expansion of 3 million m2 (MSM) per annum large format Glazed Vitrified Tiles capacity at its Matel plant, Morbi. The plant has capability to produce large format GVT i.e. 120cmx120cm, 120cmx180cm and 120cmx240cm amongst others. The ... Read More »

Sensex Rises 100 Points, Nifty Above 10,100

The BSE Sensex gained as much as 100 points on Tuesday morning, reversing losses earlier in the session, despite weakness in other Asian markets. The 50-scrip NSE benchmark index, Nifty, rose 29 points to hit an intraday high of 10,123. Gains were led by IT and energy stocks, with the ... Read More »

ICICI Bank enters into partnership with Swiggy

ICICI Bank has entered into partnership with Swiggy, India’s largest food ordering and delivery platform. The partnership is to roll out two innovative digital solutions to facilitate a convenient and hassle-free way for delivery partners to transfer funds to Swiggy. This move will enable thousands of Swiggy’s delivery partners to ... Read More »

India Value Fund sells 1.8% stake in TD Power

India Value Fund IV has sold a little over six lakh shares or 1.8 per cent stake in TD Power Systems. The fund house has offloaded 2.52 lakh shares on the NSE at an average price of Rs 201.05 a share and 3.48 lakh shares on the BSE at Rs ... Read More »

Intelligent transport system can reduce mishaps on Yamuna E’way: IRF

New Delhi :  Expressing concern over increasing road accidents on Yamuna Expressway, the International Road Federation (IRF) today recommended implementation of an intelligent transport system (ITS) on the expressway. “The driving condition on Mumbai-Pune expressway and Noida-Agra expressway are different than other roads. For safe driving, ITS along with strict enforcement ... Read More »

SBI reduces minimum balance charges to Rs 15: Check out new rates

New Delhi: Country’s largest lender State Bank of India (SBI) on Tuesday reduced the minimum balance charges for non-maintenance of average minimum balance by up to 75 percent. Charges for non-maintenance of average minimum balance in Metro and Urban centres have been reduced from maximum of Rs 50 per month ... Read More »

BHEL wins Rs 11,700 crore order to set up plant in Jharkhand

Bharat Heavy Electricals (BHEL) has won a Rs 11,700 crore order for setting up a 3×800 MW supercritical thermal power plant in Jharkhand. The order for setting up the 3×800 MW Patratu Super Thermal Power Station Expansion, Phase-I (3x 800 MW) has been placed on BHEL by Patratu Vidyut Utpadan ... Read More »

Sanghi Industries to raise funds on private placement basis

The Business Operations and Finance Committee of the Board of Directors of the company at their meeting held on March 07, 2018, approved the same Sanghi Industries has received an approval to issue Rated, listed, Secured, Redeemable, Non Convertible Debentures (NCDs) of Rs 256 crore on private placement basis. The ... Read More »

CCI imposes fine of Rs 5.10 crore on SpiceJet

The regulator has imposed fine for unfair business practices with respect to fixing fuel surcharge on cargo transport The Competition Commission of India (CCI) has imposed a fine of Rs 5.10 crore on SpiceJet for unfair business practices with respect to fixing fuel surcharge on cargo transport. The watchdog has ... Read More »

CCI imposes fine of Rs 39.81 crore on Jet Airways

The regulator has imposed fine for unfair business practices with respect to fixing fuel surcharge on cargo transport The Competition Commission of India (CCI) has imposed a fine of Rs 39.81 crore on Jet Airways for unfair business practices with respect to fixing fuel surcharge on cargo transport. The watchdog ... Read More »

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