City New Delhi Financial News

21.04 / 09:55

UPS WhatsApp travelers Interviews Relationships International US Consulate in Hyderabad conducts visa interviews for 1500 applicants in 'Super Saturday' exercise

«It’s #SuperSaturday at the Consulate! Hyderabad’s Consulate Team opened its doors on the weekend to help meet demand for visitor visas. 1500 applicants had their visa interviews today and will travel to the U.S. for business, tourism, or to visit family members! #USIndiaFWD,» US Consulate General Hyderabad announced in a post on X.

21.04 / 07:33

Extreme Tesla Election Updates Headlines Top news of April 20: HDFC Bank's Q4 results, Elon Musk's India visit update, Iran-Israel tensions and more

Top news of April 20: Elon Musk's planned visit to India and the intense politics around it amid Lok Sabha elections 2024, the optimistic quarterly results for HDFC Bank and US sanctions on Pakistan's missile program were some of the top news that grabbed headlines on Saturday. At a time when India is in the midst of Lok Sabha election and extreme tensions are going on in one part of the world, no one can afford to miss the the major headlines of the day. 1.

21.04 / 01:39

Provident Target Ball Dreams track rights DC vs SRH 2024: Jake Fraser-McGurk slams third fastest 50 in IPL history, breaks Travis Head's record in same match

DC vs SRH 2024: Chasing a massive target of 267 runs at the pitch of Arun Jaitley Stadium, New Delhi, the Delhi Capitals began their innings in Sunrisers Hyderabad style as opener Prithvi Shaw and batter Jake Fraser-McGurk displayed some fireworks to make the game more exciting. Young Jake Fraser-McGurk broke his Australia senior Travis Head's record in the same match as the DC batter slammed his half-century in just 15 balls, making it the third fastest in the history of IPL and fastest for IPL 2024.

20.04 / 13:59

UPS Reuters Tesla reports Who is Rohan Patel? Meet Tesla's VP who exits firm days before Elon Musk cancels Delhi trip

ALSO READ: Elon Musk puts off India visit to ‘later’, Internet says, ‘No rush! We'll hold off on chai-samosa plans’ As per a Reuters report of 2023, Patel was in New Delhi to meet officials from the Invest India agency to discuss Tesla's plan. He, along with other Tesla representatives were expected to meet commerce minister Piyush Goyal and were to discuss on setting up an EV supply chain and land allotment for a factory.

20.04 / 13:58

reports International cricket Ajit Agarkar to meet Rohit Sharma after DC vs MI IPL 2024 match, likely to announce India's T20 World Cup squad: Report

Dainik Jagran report said on Saturday. India's chief selector Ajit Agarkar is expected to meet Team India skipper Rohit Sharma and the duo are expected to be finalise the 15-member squad, who will represent India in the T20 World Cup 2024 at USA and West Indies in June.

19.04 / 20:38

UPS Booking Election community Freedom show rights Reading democracy: 12 writers pick their favourite works on India

NEW DELHI : Every five years, as Indian democracy gears up for its biggest carnival—the general election—publishers fall in step with the spirit of the season. Suddenly bookshops are flush with political titles. From itinerant reporters with their ears to the ground to armchair analysts making heavy-duty predictions to politicians of all colours lobbying for their cause, everyone wants a piece of the democratic pie that is the Indian book trade.

19.04 / 04:09

awards War electronic reports Schools Colleges Dinesh K Tripathi to become next Naval chief as Admiral R Hari Kumar retires. Who is he?

R Hari Kumar retires from service. Tripathi who is currently serving as Vice Chief of the Naval Staff, will take charge on April 30, 2024. The defense ministry, in an official statement, said, “The government has appointed Vice Admiral Dinesh Kumar Tripathi, presently serving as Vice Chief of the Naval Staff as the next Chief of the Naval Staff with effect from the afternoon of April 30, 2024." 1) Vice Admiral Tripathi was born on May 15, 1964.

18.04 / 17:51

FIVE Cooper RBI imposes monetary penalty of ₹60.30 lakh on five co-operative banks. Details here

₹60.3 lakh on five cooperative banks for contravention of various regulatory norms. A penalty of ₹43.30 lakh has been imposed on Rajkot Nagarik Sahakari Bank for non-compliance with RBI directions on 'ban on loans and advances to directors and their relatives, and firms/concerns in which they are interested', 'prohibition on opening of saving bank accounts in the names of certain bodies/organizations' and 'maintenance of deposit accounts'.

18.04 / 08:01

stage travelers Courts Investigations wrestling Court reserves order on plea of Brij Bhushan seeking further investigation and placing of CDR of coach

Brij Bhushan Sharan Singh for April 26. This matter is related to allegations of sexual harassment levelled by six female wrestlers against Singh. Former Wrestling Federation of India (WFI) Chief Brij Bhushan Sharan Singh has moved an application seeking a direction to place on record the call detail records (CDRs) of coach Vijender in relation to an alleged incident at the WFI office in New Delhi. He has also sought a direction to investigate the travel document of Singh. Singh has claimed that he was not in Delhi on the said date. He was in Serbia on September 7, 2022.

18.04 / 06:49

markets UPS country reports Oil prices tad up on anticipation of fresh US sanctions on Venezuela

NEW DELHI : Global crude oil prices edged marginally higher on Thursday, rebounding from a 3% drop the previous day, as concerns over demand and escalating tensions between Iran and Israel potentially impacting the oil market continue to trouble investors. As of 10:54 am, the June Brent contract on the Intercontinental Exchange was trading at $87.52 per barrel, a 0.26% increase from the previous close. Similarly, the May contract of West Texas Intermediate on NYMEX had risen by 0.17% to $82.83 per barrel.

17.04 / 17:13

COST UPS Provident Aware Mobile economy country Battery storage to EV finance: What World Bank's $1bn for SBI will support

NEW DELHI : The World Bank plans to provide a $1 billion line of credit to the State Bank of India (SBI) to support the expansion of Battery Energy Storage Systems (BESS) and electric mobility in the country, two people aware of the development said, a move that helps India quicken its green energy transition. The proposal aims to help attract early investments and mobilize private capital and commercial financing. The amount will be disbursed in tranches.

17.04 / 16:23

markets COST CEO Platform recommendations International Tata Communications' January-March net profit jumps to ₹321.52 crore

NEW DELHI : Tata Communications’ net profit for the quarter ended 31 March surged to ₹321.52 crore, from ₹45.1 crore in the previous quarter, but was down 1.5% from ₹326.42 crore in the same quarter a year ago. Consolidated revenue for the quarter rose 24.6% year-on-year to ₹5,692 crore. Of this, data revenue rose 26.9% to ₹4,656 crore.

17.04 / 15:43

markets UPS Provident Manufacturing Tesla SpaceX show Elon Musk to meet spacetech founders in New Delhi

Agnikul Cosmos, Bellatrix Aerospace, Skyroot Aerospace, Dhruva Space, Pixxel, SatSure and Digantara to meet Tesla and SpaceX chief Elon Musk in New Delhi on Monday. A group of startup executives and Indian Space Research Organisation (ISRO) officials visited SpaceX’s facilities in Hawthorne, California, last month as a part of the US Department of State's International Visitor Leadership Programme.

17.04 / 13:45

markets UPS Target CEO Tesla social Tesla chief Elon Musk likely to unveil $2-$3 billion India investment during visit, sources say

Tesla chief Elon Musk is set to announce an investment in India of $2-$3 billion, mainly for building a new factory, when he visits New Delhi next week to meet Prime Minister Narendra Modi, two sources familiar with the discussions said. Musk will meet Modi on Monday during his India trip, when the billionaire is expected to unveil his plans to enter the world's third-largest auto market where electric car adoption is still in its infancy. India's EV market is small but growing and dominated by local carmaker Tata Motors. EVs made up just 2% of total car sales in 2023, but the government is targeting 30% of new cars to be EVs starting 2030.

17.04 / 12:23

Provident Target Progressive Waters Manufacturing Apple 2020 Apple enters JV with CleanMax to invest into rooftop solar projects in India

Apple has formed a joint venture with renewable energy developer CleanMax to invest in six rooftop solar projects to power its India operations, the US company said Wednesday. The solar project will have a total size of 14.4 megawatts, which will provide a local solution to power the company’s offices and the two retail stores in Mumbai and New Delhi, the Cupertino-based smartphone major said in a statement. The company didn’t provide any financial details.

17.04 / 08:03

Progressive CEO WhatsApp reports Realty developer Tarc Ltd reports 200% growth in pre-sales

Tarc Ltd, has reported Rs 1,612 crore pre-sales in FY 23-24, a 200% growth from previous year as demand for luxury real estate state continued. The company also achieved its highest annual collection to date, reaching Rs 415 crore. The fourth quarter of FY2023-24 witnessed exceptional sales, with TARC Limited recording sales amounting to Rs 1,281 crore. This staggering growth of over 600% on a year-on-year basis can be attributed largely to the success of the recently launched project, TARC Kailasa, located in New Delhi.

17.04 / 00:31

COST Provident Cooper Platform shooting International Now, India shooting for home-made bullet trains

New Delhi: India has begun work on a home-built bullet train that will exceed 250 kilometres per hour (kmph), a top government official told ET. The official said it will be faster than any of the trains now running on the Indian Railways. «It is being built on the Vande Bharat platform that can already clock a maximum speed of 220 kmph,» the official said. The designs are being prepared at the Indian Railways' Integral Coach Factory (ICF) in Chennai.

16.04 / 16:23

UPS Provident Trade Indus country Inside Indus Towers wants Vodafone Idea to settle all dues in one go

MUMBAI, NEW DELHI : Indus Towers expects Vodafone Idea to clear all its pending dues in one go, the top executive of the tower provider said on Tuesday, a day after the country's third-largest telecom operator said that the proceeds of the ₹18,000-crore follow-on public offer (FPO) would not be used for paying vendor or government dues. "We are pleased to see the positive developments on Vodafone Idea’s fundraise and expect that VI will clear over-dues of Indus in its entirety. We remain committed to supporting all our customers in their growth plans and are best positioned to do the same for VI," Indus Towers' managing director and chief executive Prachur Sah told Mint in response to queries.

16.04 / 16:07

Aviat Career Fighting War testing volunteers Schools IAF veteran Dalip Singh Majithia dies at 103

New Delhi: Veteran air warrior Squadron Leader (retd) Dalip Singh Majithia, who joined the Indian Air Force during the tumultuous years of World War II and distinguished himself as a «fearless aviator» during his career, has died. He was 103. The centenarian, who had «over 1,100 flying hours to his name», including missions in aircraft such as Hurricanes and Spitfires, passed away at Uttarakhand's Rudrapur in the early hours of Tuesday, IAF sources said. He was affectionately called 'Maji' by his fellow air warriors. Sqn Ldr Majithia's leadership skills were forged and tested in the crucible of war, they said.

16.04 / 15:27

Provident Action performer information Courts Updates Delhi HC intervenes for release of 73.59% Jindal India shares pledged with banks

NEW DELHI : The Delhi High Court on Tuesday intervened for release of 73.59% of Jindal India Thermal Power Ltd’s shares pledged with a consortium of lenders led by Punjab National Bank. The power company had moved a writ petition in the high court saying that although it had fully paid the resolution amount of ₹2,450 crore before the scheduled date of payment the lenders had refused to release the pledge on the shares.

16.04 / 12:05

Citi CEO Healthcare country Schools boating Emergency healthcare startup Medulance raises $3 million

Medulance, an emergency healthcare services startup, has raised $3 million in Series A funding, led by Alkemi Growth Capital. The funding round also saw participation from investors such as Dexter Capital, Boat founder Aman Gupta, and Emcure Pharmaceuticals’ executive director Namita Thapar.

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