New Delhi, Jan 22 (PTI) State-owned Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reported a 20 per cent rise in December quarter net profit as margins rose. The company reported a consolidated net profit of Rs 3,805.94 crore in the October-December period of FY24, as against Rs 3,181.42 crore in the same period a year back, according to a stock exchange filing by the company. The profit was also up quarter-on-quarter when compared with Rs 2,297.23 crore in the July-September period. R...Read More
New Delhi, Jan 22 (PTI) Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Promoters Sunita Gupta, Mahesh Gupta, and Varun Gupta are offloading shares in the OFS. Overall, promoters hold 99.77 per cent stake in the company at presen...Read More
Mumbai, Jan 22 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Wednesday announced financial assistance of Rs 5 lakh each to the next of the kin of the passengers who died in a train tragedy in Jalgaon district. At least 12 passengers were killed when they jumped from their train in panic due to a 'fire incident', only to be run over by another train on the adjacent tracks in the North Maharashtra district, a top police official said. The accident took place between Maheji and Pardhade s...Read More
Mumbai, Jan 22 (PTI) The rupee appreciated 23 paise to close at 86.35 against the US dollar on Wednesday, supported by positive domestic equities and soft American currency index. Forex traders said the rupee is likely to witness high volatility with a negative bias ahead of key events in the global and domestic economic landscape. Moreover, the overall uncertainty about the global economy continued to weigh on both currencies and commodities, keeping investors on edge. At the interbank forei...Read More
Mumbai (Maharashtra) [India], January 22 (ANI): Maharashtra Deputy Chief Minister Eknath Shinde called the Pushpak Express accident "unfortunate" and said that he has spoken with the collector and officials over the same. "The Jalgaon incident is very unfortunate. I have collected details on it. I have spoken with the collector and officers. The injured have been admitted to the hospital. A rescue operation is underway at the spot. The government is providing all help to everyone," said the dep...Read More
KOCHI: The Kerala delegation led by Industries Minister P Rajeeve attending the World Economic Forum (WEF) at Davos on Wednesday held discussions with the Royal Commission for Jubail and Yanbu, under the Saudi Arabian government, air conditioner maker Hitachi India, and other officials for possible collaborations, taking advantage of the state's abundant skilled talent and its leadership in sustainable development. "We engaged with WEF representatives at WEF2025 in Davos, initiating discussions...Read More
New Delhi, Jan 22 (PTI) The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ago is "a great example of making" Hindustan Unilever Ltd's portfolio future fit and it shows the startup ecosystem in India definitely has a strong future ahead, according to its CEO and Managing Director Rohit Jawa. Hindustan Unilever Ltd on Wednesday announced that it has signed and executed share purchase and subscription agreement for acquisition of 90.5 per cent of s...Read More
Thiruvananthapuram, Jan 22 (PTI) Kerala Industries Minister P Rajeeve held over 30 one-to-one meetings during the first two days of the World Economic Forum (WEF) in Davos, Switzerland, highlighting the state's investment potential across various sectors. During the meetings, he highlighted the transformative changes in Kerala's industrial landscape, driven by government policies, an official statement said on Wednesday. Also Read | Suicide Pact Tragedy: Pregnant Teenage Girl Jumps off 3rd Flo...Read More
Bhubaneswar: Industry leaders from at least eight countries will take part in the Utkarsh Odisha: Make in Odisha Conclave 2025, the state's flagship investors' summit, scheduled to be inaugurated by Prime Minister Narendra Modi on January 28, govt authorities said. Addressing a news conference, industries secretary Hemant Sharma said that while invitations were extended to 12 countries, confirmation has been received from eight. Business delegates from Singapore, the partner country for the eve...Read More
NEW DELHI: Air India has rolled out an Artificial Intelligence (AI)-driven feature eZ Booking whereby customers can complete their reservation on its website in fewer steps than currently available by just texting or talking to the AI Agent his detailed travel itinerary. Currently available exclusively for members of Maharaja Club, Air India's loyalty programme, the innovation "helps customers book their ticket on the Air India website, airindia.com, by eliminating a number of commands and with...Read More
Jalgaon: The death toll in the Jalgaon train accident has risen to 11, with six others injured after the Karnataka Express hit passengers of the Pushpak Express on Wednesday, a senior official confirmed. According to initial reports, the passengers had stepped out of their coaches due to a suspected fire on the Pushpak Express. While they were on the tracks, the Karnataka Express arrived on the adjacent track and hit them. "As per the information, 11 people have died in the accident. Police an...Read More
Jalgaon (Maharashtra) [India], January 22 (ANI): Maharashtra Chief Minister Devendra Fadnavis announced Rs 5 lakh ex gratia to the families of the victims who died in the Jalgaon train accident on Wednesday. The state government will also bear all the medical expenses of the injured, the CM said. Atleast 11 people have died and 6 others injured after Karnataka Express hit passengers in the Jalgaon district of Maharashtra. The passengers of the Pushpak Express had stepped outside their coaches ...Read More
New Delhi [India], January 22 (ANI): A Tri-Services tableau will participate in the Republic Day Parade 2025, showcasing the spirit of jointness and integration among the Armed Forces, according to an official statement. The theme for the tableau is 'Shashakt aur Surakshit Bharat.'. Displaying the spirit of jointness and integration, the tri-services tableau will roll down Kartavya Path for the first time during the 76th Republic Day Parade. The tableau will showcase the conceptual outlook for...Read More
Mumbai, Jan 22 (VOICE) The Maharashtra government and Reliance Industries on Wednesday at the slide lines of the World Economic Forum summit at Davos signed a MoU with an investment of Rs 3,05,000 crore with over 3,00,000 employment opportunities across diverse sectors, including new energy, retail, hospitality, and high-tech manufacturing. With this, is the state government has so far inked 32 MoUs with investment proposals worth Rs 9,30,457 crore. Chief Minister Devendra Fadnavis in his post...Read More
Wendt (India) Ltd reported consolidated profit for the October-December 2024 quarter at Rs 8.22 crore, the company said on Wednesday.Wendt (India) Ltd reported consolidated profit for the October-December 2024 quarter at Rs 8.22 crore, the company said on Wednesday. The abrasive and precision component manufacturer has reported a consolidated profit of Rs 9.60 crore during the corresponding quarter of last year. For the nine months ending December 31, 2024, the consolidated profit stood at Rs 2...Read More
New Delhi, Jan 22 (PTI) Congress president Mallikarjun Kharge on Wednesday expressed his grief at the deaths of several people due to rumours of fire in the Pushpak Express in Maharashtra's Jalgaon and called for immediate compensation to the victims and punishment to the guilty. "Our deepest condolences to the bereaved families of the victims, we pray for the peace of the departed souls. We wish for the speedy recovery of the injured. "The government and administration are requested to provid...Read More
Meerut/Shamli: Uttar Pradesh Special Task Force (STF) inspector Sunil Kumar, who was injured during an encounter with a gang of miscreants in Shamli on Monday night, died while undergoing treatment at Medanta Hospital in Gurugram, police said on Wednesday. Kumar suffered three bullet injuries in his stomach, one of which passed through his liver and got stuck in his back. Doctors had to remove his gall bladder and a part of the large intestine during the operation. His condition was extremely c...Read More
Delhi Dry Days: A gazette notification issued recently by the Delhi excise commissioner declared "dry days" under Excise Rules-2010 for various excise licenses on the day of voting to the 70-member Delhi Assembly and the counting day. February 2025 Dry Days: Liquor shops and other establishments serving alcohol in Delhi will remain closed from February 3 to 5, the voting day, and on February 8 when the results would be declared. A gazette notification issued recently by the Delhi excise commiss...Read More
VMPL New Delhi [India], January 21: FlowerAura, India's premier gifting brand launched its Valentine's Day theme: "Love Delivered." For over a decade, FlowerAura has been more than a gifting partner; it has been an integral part of countless love stories, creating memories, bridging distances, and expressing emotions when words fall short. From shy first dates to grand Valentine's Day celebration, FlowerAura has helped people convey their deepest feelings through thoughtfully curated gifts, fl...Read More
New Delhi: NTPC Group achieved fastest ever 350 Billion Units (BU) generation on 20th January 2025 in FY 2024-25. This milestone is achieved in just 295 days, which is 11 days earlier as compared to the last financial year. In FY 2023-24, the company had crossed 350 BU generation on 31st January 2024. This accomplishment reinforces NTPC's commitment to delivering reliable and affordable power to the Nation. While NTPC has an installed capacity of 76.5 GW, 29.5 GW capacity including 9.6 GW Rene...Read More
Andhra Pradesh CM N. Chandrababu Naidu announced a Rs1.4 lakh crore investment by ArcelorMittal/Nippon Steel for a 17.8-million-ton integrated steel project in Anakapalli at the WEF in Davos. Ministers Nara Lokesh and T.G. Bharat highlighted the state's investment-friendly ecosystem and proposed additional projects in petrochemicals and solar cell manufacturing, receiving positive responses from Lakshmi Mittal.Andhra Pradesh Chief Minister N. Chandrababu Naidu announced a landmark Rs1.4 lakh cro...Read More
Bengaluru, Jan 21 (PTI) Three men were arrested for cheating a software engineer Rs 11.8 crore through 'digital arrest' scam in November last year, police said on Tuesday. The accused - Dhaval Bhai Shah (34) was arrested from Ahmedabad while Tarun Natani (24) and Karan Shamdasani (28) were arrested from Ulasnagar in Thane district of Maharashtra on January 10, they said. Police said they have also seized Rs 3.7 crore from different bank accounts of these accused while efforts are being made to...Read More
Imphal (Manipur) [India], January 21 (ANI): Security personnel have been conducting search operations and area domination in the fringe and vulnerable areas of the hills and valley districts in Manipur in the last few days. A number of arms and ammunition were recovered during the search operations, officials said in a statement on January 19. As per the officials, one 7.62 mm sniper rifle, five 9 mm pistols with five magazines, two SBBL guns, two no. 36 hand grenades, six live round ammunitio...Read More
PRNewswire New Delhi [India], January 21: SWITCH Mobility Ltd, a part of the Hinduja Group, has unveiled the SWITCH IeV8, a revolutionary electric light commercial vehicle (eLCV) in the 7.2T category catering to mid-mile logistics. Designed with sustainability and operational efficiency at its core, the SWITCH IeV8 is set to transform the logistics sector in India. * H. D. Kumaraswamy, Minister of Heavy Industries and Steel, unveils the SWITCH IeV8, an electric light commercial vehicle (eLCV) ...Read More
New Delhi [India], January 21 (ANI): The Centre is expected to continue its fiscal consolidation efforts in FY26, with a fiscal deficit target of 4.5 per cent of GDP, according to a report by Emkay Research. For FY25, the report noted that the fiscal deficit is estimated to track close to 4.7 per cent, while states are likely to record a fiscal deficit of 3.2 per cent of GDP. It said "we do not see the Centre deviating from its consolidation path in FY26, and is likely to target 4.5 per cent G...Read More
New Delhi: Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57.2 per cent drop in consolidated net profit for the December quarter to Rs 59 crore. The scrip of the company fell 11.81 per cent to Rs 212.50 apiece on the BSE. On the NSE, shares of Gurugram-headquartered Zomato depreciated by 9.99 per cent to hit its lower circuit level of Rs 215.80 per piece. On Monday, shares of Zomato settled more than 3 per...Read More
New Delhi: The National eGovernance Division (NeGD), under the Ministry of Electronics and Information Technology (MeitY) has developed Entity Locker, a cutting-edge digital platform designed to transform the management and verification of business/organisation documents. Entity Locker is a secure, cloud-based solution that simplifies the storage, sharing, and verification of documents for a wide range of entities, including large organisations, corporations, micro, small, and medium Enterprise...Read More
New Delhi, Jan 21 (PTI) Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57.2 per cent drop in consolidated net profit for the December quarter to ₹59 crore. The scrip of the company fell 11.81 per cent to ₹212.50 apiece on the BSE. On the NSE, shares of Gurugram-headquartered Zomato depreciated by 9.99 per cent to hit its lower circuit level of ₹215.80 per piece. On Monday, shares of Zomato settled more tha...Read More
Bengaluru -- Gold prices rose for a second session on Tuesday as the dollar weakened, with markets evaluating the possible consequences of US President Donald Trump's policies in his second term after his inauguration. Spot gold gained 0.6% to $2,724.74/oz by 2.40am GMT. US gold futures was 0.2% lower at $2,742.50. The dollar was down about 1% after reports suggested any new taxes would be imposed in a "measured" way. A weaker dollar makes gold more attractive to foreign buyers. "There is a s...Read More
IMAGE: Assam sprinter Hima Das visited the Maha Kumbh on Sunday. Photograph: Hima Das/Instagram Star sprinter Hima Das visited the Maha Kumbh and took a dip in the holy waters of Ganga on Sunday. Assam's Hima visited Mahakumbh Nagar in Prayagraj, Uttar Pradesh along with her friends and sought blessings from her spiritual guru Keshav Das Ji Maharaj. IMAGE: The 45-day Maha Kumbh Mela, the world's largest religious gathering, began on January 13, 2025 on the banks of the Sangam in Prayagraj. Ph...Read More