India Financial News

New Delhi, 2nd April, 2024 – Skill Online Games Institute (SOGI) announces the onboarding of distinguished Dr. Yatan Pal Singh Balhara to its esteemed advisory board. Dr.

Hindustan Times (HT), he said that the building of his department "was shaking like a boat". "Everything in the lab was collapsed. I couldn't see or do anything," he said.

Eld-al-Fitr—one of the grandest festivals in Islamic religion—is celebrated on the first date of the 10th Shawwal in the Islamic calendar. This festival of jubilation marks the end of month-long observation of fasting during the holy Ramadan. This year, the Eld-al-Fitr – also known as Meethi Eid—is likely to be celebrated on Thursday, April 11, 2024.

A diplomatic standoff with China over border issues since 2020 has resulted in an accelerated push for curbing imports and boosting local supply chains. China is the world's largest exporter of solar modules.

Telangana government is holding discussions with Tesla by putting in all efforts to establish their plant in the state, Industries Minister D Sridhar Babu said on Thursday. In a message on X Sridhar Babu said since December 2023 the state government has been actively focusing on major investment opportunities by global giants, and as part of its focus, Tesla's planned investment initiatives in India are also being tracked. Read More: Tesla begins making cars in Germany for export to India this year: Sources

In this article, we have curated a list of the best traditional door locks in India which are made from high quality material to ensure quality while there has been no compromise with their looks. Check out our article, find the door lock that suits your style and place your order using the buying link shared in this article.

office demand in the IT city remained flat at 3.5 million square feet, a report by Knight Frank has said. Sales Decline in Affordable Segment “The less than ₹50 lakh housing segment saw sales decline by almost 65% to 70% in the first quarter of 2024 which has brought down the overall numbers. The sales in the ₹50 lakh- ₹1 crore residential segment has dipped by 7 percent. This is primarily on account of the affordability challenges faced by buyers of this segment. This may be a temporary blip,” said Vivek Rathi, head of research at Knight Frank India, at the launch of the Knight Frank titled India Real Estate: Office and Residential Report (January — March 2024).

In this article, we have curated a list of the best AC covers for 1 Ton in India which you can use to cover your AC so that you can protect it against dust, debris, and weather elements. This will help the air conditioner prolong its lifespan and maintain its optimal performance. Dive into the article to find your preference and place your order using the given buying link.

SIBUR, Russia’s largest producer of plastics and rubbers, is collaborating with Indian businesses to process plastic waste. At the end of last year, EcoPartners, co-founded by the Indian entrepreneur Gaurav Sood, opened the largest plant in Russia for recycling plastic packaging waste. The plant has been gradually ramping up to its full capacity of 40 thousand tons per year. Called Total Cycle, the plantis located in the Tver region, which is between Moscow and St Petersburg – two major Russian cities that produce a large volume of waste. Total Cycle processes plastic packaging waste into secondary raw materials, including PET flakes.

EV manufacturing in India. In an interview with Bloomberg, Rajesh Kumar Singh, the secretary of department for promotion of industry and internal trade said that now it's up to Elon Musk’s Tesla to make the announcements of their manufacturing plans. “We will help them out in terms of giving them the contacts at state level.

₹20,000 crore from the markets through a follow-on public offer (FPO) likely as early as next week, said three people aware of the discussions the cash-strapped company was having with banks. It is learnt to have appointed Axis Bank, Jeffries Group and State Bank of India as lead bankers for managing the share sale. Two of the people cited above said that a price band may be decided by early next week, which is likely to be at a discount to the current price.

MUMBAI : Flexible office space providers have emerged as a significant challenger to technology firms in leasing offices, as companies across sectors gradually enforce return-to-office mandates for their employees. Between January and March, flexible office space providers have already captured a significant 22% share of leasing activity, as per a report by real estate consultancy CBRE. This translates to a leased area of about 3 million sq.ft., marking a significant rise in the sector's influence.

India slipped to their lowest level since early February this week, pressured by sluggish demand, while Thai rates declined for the fourth consecutive week due to a weaker baht. Top exporter India's 5% broken parboiled variety was quoted at $540-$548 per ton this week, down from last week's $550-$558. Prices hit a record high of $560 last month after customs officials changed the calculation method for the 20% export duty, resulting in a higher levy. Demand from Asian buyers was subdued, which brought down prices from the last month's highs, said Himanshu Agarwal, executive director at Satyam Balajee, a leading exporter.

Tesla Inc.’s court to lay down its investment plans for the South Asian nation after the government cut import duty on electric vehicles. The industry department last month released a comprehensive policy for boosting EV manufacturing in the world’s most-populous nation. Following that move, it’s up to Elon Musk’s carmaker to “make the announcements of their manufacturing plans,” Rajesh Kumar Singh, secretary of department for promotion of industry and internal trade, told Bloomberg in an interview on Thursday. “We will help them out in terms of giving them the contacts at state level,” Singh said. “There have been contacts made at that level with state governments and the central government. VinFast has already announced and we expect a few others.”

Tesla has begun production of right-hand drive cars at its plant in Germany for export to India later this year, three people aware of the company's plans told Reuters, as it moves ahead with a possible entry into the world's third-largest car market. A team from Tesla is expected to visit India later this month to look at sites for a local car manufacturing plant that would require an investment of about $2 billion, said two of the three people, who declined to be named because the plans are not public yet. India last month slashed the import tax rate on certain electric vehicles if their makers invest at least $500 million in the country and start production there within three years. The move is a win for Tesla, which had lobbied for months for lower taxes, but faced resistance from local carmakers.

Army Medical Corps, after completing 260 years of service, has endeavoured to enhance optimal combat medical care and set a benchmark in professionalism, courage and compassion beyond the call of duty, officials said on Thursday. The Corps celebrated its 260th raising day on Wednesday. «Raised in 1764, the Corps has rendered selfless service to the nation over centuries of progress, development, dedication and sacrifice, both in combat and in peace, living up to the Corps' motto of 'Sarve Santu Niramaya' meaning 'let all be free from disease',» the defence ministry said in a statement. Army Chief Gen Manoj Pande and Indian Air Force Chief Air Chief Marshal VR Chaudhari attended an event in Delhi organised to mark the raising day, and to honour the achievements and celebrate the «esprit de corps of AMC», it said on Thursday.

Quality Care, one among India's largest hospital chains backed by private equity (PE) investors Blackstone and TPG, on Thursday announced two key appointments to its leadership to drive the hospital platform’s rapid growth in South Asia. It named Dr Hari Prasad, as Group chairman & non-executive director and Varun Khanna as the Group managing director Prasad, with over 30 years of experience, was most recently the president of Apollo Group Hospitals, where he played a pivotal role in shaping the journey of Apollo Hospitals having overseen the growth from 1,200 beds to 10,000 beds. He also serves as the executive chairman of Society for Emergency Medicine, India. He has been honored with a Fellowship by Royal College of Emergency Medicine, UK and International Federation of Emergency Medicine. He has helped establish Apollo Health City in Hyderabad, Asia’s first operational health city.

ALSO READ: IPL 2024: Pace sensation Mayank Yadav gets a golden tip from Ishant Sharma — 'Never compromise on speed..' "Mayank has just turned vegetarian. Earlier, he used to eat non-veg food. He has been eating vegetarian food for the last 2 years.

IDBI Bank and Axis Bank challenging the Zee-Sony merger which has been called off. The appellate tribunal will decide on 15 April whether the challenges to legal sanction of the Zee-Sony merger could be heard when the merger itself has been called off. IDBI Bank and Axis Bank had urged NCLAT to defer the pending case until the National Company Law Tribunal (NCLT) decides on Zee's plea to enforce the merger.

Lok Sabha Elections. ""...The people of Amethi expect me to represent their constituency if I decide to become a member of Parliament...For years, the Gandhi family worked hard in Rae Bareli, Amethi and Sultanpur...The people of Amethi are really troubled by the current Member of Parliament, they think they have made a mistake by electing her..." Vadra told news agency ANI. "Even I get requests from Amethi people that if I join politics, I should choose Amethi. I remember, my first political campaign with Priyanka was in Amethi in 1999," Robert Vadra said.

₹508.6 crore in FY23 while losses widened 13% to ₹230 crore, according to the company's latest filings sourced from Tofler. The company claims to have been profitable in the past two quarters but has not disclosed any figures. Lowering marketing spends and logistics costs has contributed much of the company’s growth and profitability of late, Taneja said.