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HUDCO up 18% after investment MoU with Gujarat govt

Dec 28, 2023

New Delhi, Dec 28 (IANS) Shares of HUDCO are up more than 18 per cent in trade on Thursday after the PSU company signed an MoU with Gujarat government for investment of Rs 14500 crore. HUDCO shares are trading at 134.78, up more than 18 per cent.HUDCO has executed a Memorandum of Understanding with the State Government of Gujarat for an investment…

India’s coal output rises 12.3% to 664.37 mn tonnes in FY 2023-24

Dec 28, 2023

New Delhi, Dec 28 (IANS) The country's coal production has shot up to 664.37 million tonnes (MT) during the current financial year (April 2023 to December 25) which is robust 12.29 per cent increase over the corresponding figure of 591.64…

Business

Oil prices stabilise as Red Sea transport disruptions ease

Dec 28, 2023

New Delhi, Dec 28 (IANS) Oil prices steadied after falling sharply in the previous session, as concerns eased about shipping disruptions along the Red Sea route even as tensions in the Middle East continued to rise, media reports said.…

Business

Periscope Lens setting new trends in flagship-level smartphones

Dec 28, 2023

New Delhi, Dec 28 (IANS) Over the years, smartphone cameras have undergone a remarkable evolution. What started as simple devices for capturing basic images have now transformed into sophisticated systems capable of professional-grade…

Business

Market’s volatility index surges

Dec 28, 2023

New Delhi, Dec 28 (IANS) VIX is now much above when Nifty plunged to sub 19000 levels in late October, warning that the volatility expectations are significantly higher now said Anand James, Chief Market Strategist at Geojit Financial…

Business

Zomato stock down after Rs 400 cr show-cause notice for GST dues

Dec 28, 2023

New Delhi, Dec 28 (IANS) Zomato shares were trading more than 4 per cent down on Thursday morning after it received Rs 400 crore show-cause notice from the goods and services tax (GST) authorities over unpaid dues collected as "delivery…

Business

RBI approves C.S. Rajan as part-time Chairman of Kotak Mahindra Bank

Dec 27, 2023

Mumbai, Dec 27 (IANS) Kotak Mahindra Bank said on Wednesday that the RBI has approved the appointment of C.S. Rajan, Independent Director of the bank, as the Part-time Chairman, for a period of two years with effect from January 1,…

Business

Govt hikes MSP for copra

Dec 27, 2023

New Delhi, Dec 27 (IANS) The government has hiked the minimum support price (MSP) of milling copra by Rs 300 per quintal and ball copra by Rs 250 per quintal for the 2024 season, according to an official statement on Wednesday.The decision…

Business

CCEA okays Rs 2,487cr highway project for Tripura

Dec 27, 2023

New Delhi, Dec 27 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given its approval for a Rs 2,486.78 crore project to widen and improve to two-lane the 135 km road from Khowai to to…

Business

Indians travel 64 mn kms in Uber EVs in 2023, Saturdays most popular

Dec 27, 2023

New Delhi, Dec 27 (IANS) Indians travelled 64 million kms in Uber EVs through the year, spending a total of 3.9 million hours and helping build a greener future, the ride-hailing platform said on Wednesday. Uber trips during the year…

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