Bengaluru, India (ots/PRNewswire) - To help unify Kardex's ERP system in over 30 countries leveraging Infosys Cobalt Infosys (https://www.infosys.com/en.html) (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with Kardex (https://www.kardex.com/en/) , a leading global provider of intralogistics solutions, including automated storage solutions and material handling systems, to transform its bus...Read More
NEW DELHI: HDFC Bank(Rs. 4142.73 crore), RIL(Rs. 2570.17 crore), HEG(Rs. 2539.05 crore), Swan Energy(Rs. 2202.18 crore), Axis Bank(Rs. 2129.62 crore), Mazagon Dock Ship(Rs. 1946.11 crore), ICICI Bank(Rs. 1519.50 crore), TCS(Rs. 1440.06 crore), Dixon Tech(Rs. 1424.24 crore) and Bharti Airtel(Rs. 1397.29 crore) were among the most traded securities on the National Stock Exchange in Wednesday's session. The NSE Nifty index ended the session 10.3 points up at 24467.45, while BSE Sensex 110.58 point...Read More
BENGALURU (Reuters) - The Indian rupee will break through 85 per U.S. dollar to hit a new low in the next six months even as the Reserve Bank of India continues to intervene to stem the currency's losses, according to a Reuters poll of FX strategists. The results come days after news that growth in India, the world's fastest growing major economy this year, unexpectedly slowed sharply to an annual 5.4% in the latest quarter, triggering speculation the RBI may cut interest rates on Friday. Only...Read More
New Delhi -- Honda Cars India Ltd. (HCIL) has launched the 3rd Generation Honda Amaze, marking its global debut in India. Priced between Rs 7,99,900 and Rs 10,89,900 (ex-showroom, Delhi), the introductory pricing is valid for 45 days. The new Amaze sets a benchmark as India's most affordable car with advanced driver-assistance systems (ADAS). A New Standard in Compact Sedans The all-new Amaze combines stylish design, cutting-edge safety, and modern connectivity. Offered in three trims -- V, VX...Read More
Thiruvananthapuram: The Vizhinjam International Port received its commercial commission certificate on Wednesday after successfully completing a trial run. An engineer from the Indian Institute of Technology, Madras, presented the certificate to Kerala's Minister for Ports, Devaswom, and Cooperatives, V N Vasavan. It was issued a day after the minister announced the official completion of the first phase of operations. A grand inauguration will be held later after securing a date from Prime Min...Read More
Patiala, Dec 4 (SocialNews.XYZ) Senior Bharatiya Janata Party (BJP) leader and former Union Minister of State for External Affairs Preneet Kaur on Wednesday welcomed the statement of Vice President Jagdeep Dhankhar on farmers suggesting that the government should hold dialogue with them. In a statement, Kaur maintained that it was important to hold discussions with the farmers to reach a solution to their problems. She reiterated her party's commitment towards the welfare of farmers, pointing ...Read More
New Delhi, Dec 4 (VOICE) The Enforcement Directorate (ED) has said it seized crypto (USDT) worth Rs 1.36 crore and Rs 47 lakh cash during search operations conducted in various cities in crypto fraud case. The search operations were conducted from November 28 to November 30 at 13 premises in Delhi, Gurugram, Jodhpur, Jhunjhunu, Hyderabad, Pune and Kolkata under the provisions of the Prevention of Money laundering Act (PMLA), 2002. The investigating agency said the search resulted into the recov...Read More
New Delhi: Aviation watchdog DGCA will soon come out with streamlined regulations for wet-leasing of planes by Indian airlines that will also entail enhanced oversight of the aircraft, amid airlines looking to operate more planes to meet rising travel demand. With persisting supply chain woes, there is a delay in aircraft deliveries and to meet the near-term needs, carriers are opting for planes on dry and wet leases. A senior official in the know told PTI that the efforts are on to streamline ...Read More
Hyderabad: Honda Cars India Limited (HCIL) has launched the most awaited facelift of the Amaze today at an introductory price of Rs 7,99,990 (ex-showroom, Delhi). With new styling along with segment-first ADAS suite, Honda Connect, and features packed in, the third-generation Amaze will directly rival the recently launched Maruti Suzuki Dzire in the Indian market. 2025 Honda Amaze: Design The most noticeable feature of the sedan is its updated design. The front grille has a honeycomb design an...Read More
Mumbai, December 4, 2024: Turtlemint, a prominent InsurTech platform, recorded a substantial spike in its motor insurance sector during the FY'25 festive season. The company reported issuing over 400,000 motor insurance policies, marking a staggering 200% sales increase compared to the previous year. This growth was largely fueled by Tier 2 and 3 cities. With regional vehicle ownership rising, Turtlemint capitalized on the opportunity through its advisor network, ensuring maximum coverage and ...Read More
Patiala (Punjab) [India], December 4 (ANI): Bharatiya Janata Party (BJP) leader and former Union Minister Preneet Kaur on Wednesday lauded Vice President Jagdeep Dhankhar's statement addressing the concerns of protesting farmers at the Delhi-Noida border. In a post on X, Kaur emphasised the importance of engaging in dialogue with farmers to resolve their issues. "Welcome VP Jagdeep Dhankhar ji's statement emphasising the need for dialogue with farmers. I urge Shivraj Chouhan to initiate talks ...Read More
Jamshedpur: Jamshedpur's burgeoning coffee culture has reached an exciting milestone with the opening of the city's first Starbucks store. Nestled in the heart of Kadma's Inner Circle Road, the new outlet represents more than just a café; it's a celebration of global coffee traditions meeting the unique heritage of Tatanagar. Inauguration of Jamshedpur's first Starbucks store was done in the presence of Chanakya Chaudhary, Vice President, Corporate Services, Tata Steel, along with the TATA Star...Read More
VMPL Mumbai (Maharashtra) [India], December 4: Turtlemint, a leading InsurTech platform, has experienced exponential growth driven by a surge in its motor insurance business during the festive season of FY'25. The company has issued over 4 lakh motor insurance policies through its extensive network of insurance advisors, marking an almost 200% increase in sales compared to the same period last year. According to Turtlemint's data for FY25, the period starting from August to October has resulte...Read More
NEW DELHI: Railway minister Ashwini Vaishnaw on Wednesday suggested that Congress MP Shashi Tharoor should consider sitting on a dharna to push for land acquisition for the Nemom railway terminal project in Thiruvananthapuram. Vaishnaw's comment came in response to Tharoor's concerns about delays and inadequate funding for the project, which aims to ease congestion on the railway line leading to Thiruvananthapuram Central. During the Question Hour, Tharoor, who represents Thiruvananthapuram, e...Read More
New Delhi, Dec 4 (PTI) Axis Securities on Wednesday settled a case involving front-running trades by Vikrant Bhimrao Kadam, who worked as its dealer, and his friend, after paying Rs 14.62 lakh towards settlement amount to Sebi. It was alleged that as a stock broker, Axis Securities failed to exercise appropriate due diligence in the matter in its dealer and branch manager compliance policy. Also Read | Latest Government Jobs Notifications: Apply for 98 Court Officer, Assistant and Other Posts ...Read More
New Delhi, Dec 4 (PTI) British telecom company Vodafone will sell 3 per cent stake in Indus Towers to clear its debt of USD 101 or about ₹856 crore and use the residual amount to pay outstanding dues of its Indian venture Vodafone Idea. The transaction is valued at around ₹2,841 crore as per the Wednesday's closing price of Indus Towers stock at ₹358.75 apiece on the BSE. "Vodafone Group Plc announces that it has launched a placing of its remaining 79.2 million shares in Indus Towers Limited r...Read More
Mumbai (Maharashtra) [India], December 4: Turtlemint, a leading InsurTech platform, has experienced exponential growth driven by a surge in its motor insurance business during the festive season of FY'25. The company has issued over 4 lakh motor insurance policies through its extensive network of insurance advisors, marking an almost 200% increase in sales compared to the same period last year. Also Read | Why Is Maharashtra Assembly Winter Session Held in Nagpur? Know History and Reason Behind...Read More
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and t...Read More
Hyderabad, Dec 4 (PTI) Electric two-wheeler manufacturer PURE EV announced plans on Wednesday to expand its dealership network to over 320 outlets across India by mid-2027. The company plans to launch PuREPower in 2025, leveraging its vehicle battery and powertrain platform. Also Read | Why Is Maharashtra Assembly Winter Session Held in Nagpur? Know History and Reason Behind Nagpur Being State's Winter Capital. "Over the next 30 months, we aim to add 250 new dealerships, expanding our network...Read More
New Delhi, Dec 4 (PTI) Aviation watchdog DGCA will soon come out with streamlined regulations for wet-leasing of planes by Indian airlines that will also entail enhanced oversight of the aircraft, amid airlines looking to operate more planes to meet rising travel demand. With persisting supply chain woes, there is a delay in aircraft deliveries and to meet the near-term needs, carriers are opting for planes on dry and wet leases. Also Read | ISRO PROBA-3 Mission Launch Delayed: Indian Space Ag...Read More
Ranchi: Jharkhand Chief Minister Hemant Soren got big relief from the Jharkhand High Court, which on Wednesday exempted him from personally appearing before the MP-MLA Special Court in Ranchi in a case related to alleged disobedience of Enforcement Directorate (ED) summonses. The Bench of Justice Anil Kumar Choudhary issued a notice to the ED and directed it to file a response. The next hearing has been scheduled for December 16. Earlier, the MP-MLA Special Court had dismissed Soren's plea for...Read More
Dehradun: A person, who completes his age of 59 years and 6 months, can now apply for an old age pension on the social welfare department's pension portal. The applicants will start receiving pension from the end of the month in which he completes the age of 60 years following the approval of his application form. This is meant to ensure that the elderly people can get the benefits of old age pension on time. The department launched a campaign to identify the eligible person for the pension A...Read More
Mumbai, Dec 4 (VOICE) The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday.Banking stocks rose amid volatile sessions in the market due to the possibility of Cash Reserve Ratio (CRR) cut by the central bank. Sensex settled at 80,956.3, higher by 110.58 points, or...Read More
Mumbai, December 4: The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday. Banking stocks rose amid volatile sessions in the market due to the possibility of Cash Reserve Ratio (CRR) cut by the central bank. Sensex settled at 80,956.3, higher by 110.58 points, or...Read More
New Delhi [India], December 4 (ANI): MOIL Limited, a Miniratna state-owned manganese-ore mining company, has recorded production of 1.63 lakh tonnes of Manganese Ore in November this year which is the best November performance since inception, the Ministry of Steel stated on Wednesday. The ministry said that during first eight months of FY'25, the company has recorded production of 11.80 lakh tonnes, which is higher by 8.46 per cent over corresponding period last year (CPLY). On the sales fron...Read More
New Delhi, Dec 4 (PTI) With funds under the flagship MGNREGS stalled for West Bengal for more than two years now, Rural Development Minister Shivraj Singh Chouhan on Wednesday said the Centre is not discriminating against the state, which he blamed for not complying with the Union government's directives. The funds for West Bengal under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have been stopped since March 2022 due to non-compliance of directives of the Central go...Read More
New Delhi, Dec 4 (PTI) The Congress Wednesday said a "cover-up" is in the making after reports claimed entities connected to the Adani Group have approached the SEBI seeking settlement in a case that alleges violations of public shareholding norms through unfair practices. It asserted the "scam" requires serious punitive action, including arrests and raids by investigative agencies. Congress general secretary in-charge communications Jairam Ramesh said a token settlement would make Indian inst...Read More
New Delhi: Two chartered accountants and a cryptocurrency trader have been arrested here in a money laundering investigation linked to a cyber fraud case of Rs 640 crore, the Enforcement Directorate said Wednesday. A fourth person, the brother of another "absconding" CA whose farmhouse was raided on November 28 by the federal agency as part of this probe, has been arrested by the police for "attacking" the ED search party in the Bijwasan area of southwest Delhi that day. The ED had conducted se...Read More
PNN Kolkata (West Bengal) [India], December 4:Exide Industries Limited announced the appointment of Amol Mehra as President and Chief Procurement Officer (CPO), wherein he will be spearheading the group's procurement and spend management efforts. Amol brings close to 25 years of experience in the field of Commodities, incl. Metals and Coal, as well as sales and trading across B2B and B2C segments. Having worked with organisations like Adani Enterprises Ltd, Trafigura India , KCM, Vedanta Group...Read More
Thiruvananthapuram, Dec 4 (PTI) Vizhinjam International Port, India's first international deep-water transshipment port, has received the commercial commissioning certificate following the successful completion of its trial run. An independent engineer from the Indian Institute of Technology, Madras, handed over the commercial commissioning certificate to Kerala's Minister for Ports, Devaswom, and Cooperatives, V N Vasavan, at his office here on Wednesday. The certificate was issued a day afte...Read More