Mumbai, Oct 19 (IANS) Tata Motors has acquired a 26.79 per cent stake in digital platform Freight Commerce Solutions Private Limited (‘Freight Tiger’) for Rs 150 crore, the company stated in filing with the stock exchange on Thursday.
Mumbai, Oct 19 (IANS) The Reserve Bank of India (RBI) has slapped monetary penalties on five co-operative banks in Gujarat for violation norms which include giving loans to their own directors which is not allowed.
New Delhi, Oct 19 (IANS) Nifty concluded on a downbeat tone, following the lead of the global market, with the majority of sectoral indices also doing so, said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio.
New Delhi, Oct 19 (IANS) The government issued a notification on Thursday stating that notified IT hardware items essential for Capital Goods are exempt from import licensing requirements.
New Delhi, Oct 19 (IANS) The market responds to economic headwinds more than geopolitical tensions. From that perspective, the sustained rise in US bond yields is becoming a major challenge for the US, and thereby for global markets, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
New Delhi, Oct 18 (IANS) India’s total foodgrain production is estimated at a record 3296.87 lakh tonnes for 2022-23 which is 140.71 lakh tonnes higher than the corresponding figure of 3156.16 Lakh tonnes achieved during 2021-22, according to the final estimates of the Ministry of Agriculture and Farmers Welfare released on Wednesday.
Kochi, Oct 18 (IANS) On 106th birth anniversary of its founder, K.P Hormis, Federal Bank inaugurated the ‘Mookkannoor Mission’, an initiative under the Swachh Bharat Abhiyan.
New Delhi, Oct 18 (IANS) The second half of FY24 would be one of the strongest periods for hotel companies in the last 10 years, on the back of events like the Cricket World Cup, Miss World 2023 pageant finale and a robust wedding season, JM Financial Institutional Securities said in a report.
New Delhi, Oct 18 (IANS) The central government has reduced the windfall tax on domestic crude oil with effect from October 18 from Rs 12,200 a tonne to Rs 9,050 in its fortnightly review which will benefit upstream oil companies, including ONGC and Oil India Ltd (OIL).
New Delhi, Oct 17 (IANS) Benchmark indices closed higher on Tuesday with Nifty surpassing 19,800, thanks to widespread buying across various sectors, says Mandar Bhojane, Equity Research Analyst, Choice Broking.
