Stay Ahead with the Latest News
Mumbai Stock Market Hits Record Highs Sensex Surges Past 79,000 and Nifty Breaks 24,000 Today marked a historic day for India’s stock markets as the BSE Sensex surged past the 79,000 mark and the NSE Nifty breached 24,000 for the first time, setting new records in mid-day trading. The Sensex soared 470.71 points to reach…
BEUMER India Joins MET City in Haryana with Big Investment Gurugram (Haryana), June 27: Model Economic Township Limited (METL), a part of Reliance Industries Limited, has welcomed its first German customer, BEUMER India, to MET City in Jhajjar, Haryana. This addition brings the total number of companies in MET City to over 570 from 10…
Chandigarh Hosts Conference to Boost Tourism in Himachal Pradesh The Department of Tourism and Civil Aviation (DoTCA) organized a Business Opportunity Conference in Chandigarh. The event was chaired by RK Bali, Chairman of the Himachal Pradesh Tourism Development Corporation (HPTDC), and focused on creating partnerships between the public and private sectors to develop world-class tourism…
UltraTech Cement to Buy Big Stake in India Cements UltraTech Cement Limited’s Board of Directors has approved a financial investment to acquire up to 7.06 crore equity shares in The India Cements Limited (ICL). This move aims to secure approximately 23% of ICL’s equity share capital, marking a notable strategic investment in the company. The…
Mumbai Stock Market Opens Lower After Record High, Key Events Ahead The stock market in Mumbai, Maharashtra, opened slightly lower on Friday after reaching an all-time high in the previous session. The Sensex started 94.13 points down at 78,580.12, and the Nifty fell 19.25 points to 23,849.55. Weak signals from Asian markets affected the market…
India’s Big Telecom Auction: Airtel, Jio, and Vodafone Buy New Spectrum The Department of Telecommunications (DoT), under the Ministry of Communications, has successfully concluded the Spectrum Auction 2023-24. This auction was held to meet the evolving spectrum needs of India’s telecom service providers. The auction took place over two days, from June 25 to June…
IISER Tirupati’s New Method to Make Hydrogen Gas from Methanol and Paraformaldehyde Researchers at the Indian Institute of Science Education and Research (IISER) Tirupati have developed an innovative method to efficiently generate hydrogen gas from a mixture of methanol and paraformaldehyde. This method, which operates under mild conditions, represents a major advancement in the pursuit…
Ather Energy to Build New Electric Scooter Factory in Maharashtra Big Investment Announced by Deputy Chief Minister Devendra Fadnavis On Wednesday, Deputy Chief Minister Devendra Fadnavis announced that Ather Energy, a leading electric scooter manufacturer, will establish its third manufacturing facility in Maharashtra. This new plant will be located in Aurangabad Industrial City (AURIC). Meeting…
AM Naik Steps Down as Chairman of LTTS, SN Subrahmanyan Takes Over AM Naik has announced his decision to step down as Chairman of Larsen & Toubro Technology Services (LTTS) at the end of the company’s 12th Annual General Meeting on June 26. According to a press release, the Board of Directors of LTTS appointed…
State Bank of India Raises Rs 10,000 Crore Through Infrastructure Bonds Mumbai (Maharashtra) [India], June 26: State Bank of India (SBI), the country’s largest lender, has successfully raised Rs 10,000 crore at a coupon rate of 7.36% through its fifth infrastructure bond issuance. The bond issue received an overwhelming response from investors, with bids totaling…