Landmark Financial News

Ramkrishna Forgings has signed an agreement to supply power train components to USA's largest electric passenger vehicle producer, the company said in a stock exchange filing on Thursday. This deal signals the company's debut in US' electric vehicle market. This landmark approval signifies the company's position into the electric passenger vehicle segment with a strong emphasis on powertrain components, it said in the statement. Kolkata-based Ramkrishna Forgings is a manufacturer and supplier of closed-die forgings of carbon and alloy steel, micro-alloy steel, and stainless steel forgings.

Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company’s corporate home to Texas

TikTok has been given 24 hours to provide a risk assessment on its new app TikTok Lite launched this month in France and Spain on concerns of its potential impact on children and users' mental health, the European Commission said on Wednesday. The move by EU industry chief Thierry Breton under EU tech rules known as the Digital Services Act (DSA) comes two months after he opened an investigation into TikTok over possible DSA breaches.

California officials have voted to take over monitoring groundwater use in part of the fertile San Joaquin Valley under a landmark law aimed at protecting water flow to homes and farms

A plan by Britain’s government to introduce a landmark smoking ban that aims to stop young people from ever smoking has cleared its first hurdle in Parliament despite vocal opposition from within Prime Minister Rishi Sunak’s Conservative Party

NEW DELHI : In an aggressive move to boost market share and strengthen its financial footing ahead of its initial public offering (IPO), Ola Electric has substantially reduced the price of its new S1X scooter, powered by a 2kWh battery, which it had announced in February. The price cut of ₹10,000, a 12.5% reduction from the original ₹80,000, brings the ex-showroom cost down to ₹70,000.

The European Union and UK have been world leaders for implementing policy to promote clean energy technologies, but their crown is starting to slip.

Sankalp Patra', its manifesto for the Lok Sabha elections, National Conference leader and former Jammu and Kashmir chief minister, Omar Abdullah, on Sunday said it is aimed at the 'destruction' of the erstwhile state. Speaking on Sunday, the former CM said, «I have been busy campaigning since morning. I have not read their manifesto as yet. But from what I have gathered, their manifesto has nothing for Jammu and Kashmir. The BJP's manifestoes have always brought destruction to Jammu and Kashmir.» He claimed that the INDIA bloc will win all five Lok Sabha constituencies of Jammu and Kashmir and one in Ladakh.

Congress leader and AICC general secretary Priyanka Gandhi Vadra is set to participate in the party's campaign rally here in Tripura on April 16, a day before Prime Minister Narendra Modi's rally at Swami Vivekananda Maidan here in Agartala. The senior Congress leader will lead a roadshow that will cover most of the city areas in support of CPIM-supported INDIA bloc candidate Asish Kumar Saha. Saha also happens to be the president of the Congress party's Tripura state unit. Sharing details of her visit, Congress MLA Sudip Roy Barman said, «She is scheduled to land here at the MBB airport in Agartala at 2.50 PM. She will lead a road show that will snake through different parts of the city, including Durga Chowmuhani, Colonel Chowmuhani, Paradise Chowmuhani, among other top landmarks and public places. She will fly out of the state after the event on the same day.»

National Company Law Appellate Tribunal (NCLAT) has dismissed the plea filed by four unit buyers of Parsvnath Landmark Developers to initiate insolvency proceedings against the subsidiary of Parsvnath Developer. The appellate tribunal upheld the orders of the Principal bench of the National Company Law Tribunal (NCLT), which on October 17, 2023, rejected their plea on technical grounds as the number of petitioners was only four, while the total number of allottees by Parsvnath Landmark is 488. The matter relates to La Tropicana Khyber Pass, a Delhi-based project of the realty firm.

Truth alone triumphs", Union Minister Hardeep Singh Puri on Wednesday said while terming as «historic judgement» the Supreme Court's order that the DMRC is not obliged to pay Rs 8,000 crore to the Delhi Airport Metro Express Private Ltd, a Reliance Infrastructure firm, in pursuance of a 2017 arbitral award. The Union housing and urban affairs minister also congratulated the Delhi Metro Rail Corporation (DMRC) on achieving this landmark verdict. «Truth alone triumphs (Satyameva Jayate). Historic judgement by the Hon'ble SC in the curative petition filed by @OfficialDMRC in the case pertaining to the Airport Metro Line. Many congratulations to Team DMRC on achieving this landmark verdict. Our public sector utilities are strong & resolute in delivery of public service under the firm leadership of PM @narendramodi Ji & they remain steadfast in pursuit of fairness & justice,» Puri said in a post on X. Earlier in the day, the apex court set aside its three-year-old judgement that awarded an Anil Ambani group firm Rs 8,000 crore in a dispute with the Delhi Metro and asked the company to return about Rs 2,500 crore it had already received, holding that the previous verdict caused «grave miscarriage of injustice» to a public utility which was saddled with an exorbitant liability.

Holani Venture Capital Fund to capitalize on investment opportunities within the SME sector. The company's focused approach and deep understanding of the SME landscape enable it to identify promising businesses with high growth potential in SME segment The fund to contribute to the growth of the SME ecosystem. Mumbai (Maharashtra) [India], April 9: Holani Venture Capital Fund, a fund promoted by a renowned name in the investing realm, The Holani Group, has received a communique from the Securities and Exchange Board of India (SEBI) for registration of its Alternate Investment Fund, enabling it to operate as a Equity Fund house. This landmark communication marks a significant milestone for the Holani Group, signaling its foray into the realm of fund management and investment.

(This story originally appeared in on Apr 10, 2024)

The Arizona Supreme Court ruled 4-2 in favor of an anti-abortion obstetrician and a county prosecutor who pressed to implement the Civil War-era statute after the Democratic attorney general of the key presidential battleground state declined to do so.

Voltas surged 13% on Monday to hit their 52-week high of Rs 1,392 on the NSE after the Tata company reported landmark sales of 20 lakh units of air conditioners in FY 2023-24. In a filing to the exchanges on Sunday, the company claimed to have become the first ever brand to achieve this milestone in the history of the air conditioning industry in India.

The head of the Environmental Protection Agency on Friday defended a new $20 billion federal “green bank” program

The Tropicana Las Vegas has been a familiar landmark in a city known for constant reinvention since its grand opening in April 1957

The movement to adopt state auto-IRAs has taken another step forward with new legislation in Washington to address the retirement savings gap for millions of its residents.

Thursday, March 28, 2024 – In a landmark launch for the Pre-Sale, a new Solana meme coin called (Lucky Boo) has been revealed via a Pre-sale ahead of an upcoming Launch and an Epic airdrop event.

Merchandise focusing on the statues genitalia has seen a backlash.

High Court ruling directing commercial banks to produce evidence to defaulting customers before invoking the master circular on wilful default will bring respite to small borrowers arm-twisted into settling loans, but it may also encourage large borrowers to go to courts and delay recovery, said industry experts. This landmark order delivered by the high court last week and the banking regulator's directive to banks that the defaulter be given an in-person hearing will significantly change the way banks tag borrowers as wilful, they added. A division bench comprising justices BP Colabawalla and Somasekhar Sundaresan issued the order in a case involving IL&FS director Milind Patel versus Union Bank of India.