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UP govt expects defence corridor to create 40,000 jobs as investments flow in

Jul 2, 2024

Lucknow, July 2 (IANS) With investments to the tune of Rs 25,000 crore already being committed for the six nodes of the ambitious Uttar Pradesh Defence Industrial Corridor (UPDIC) project, the state government expects to create 40,000 jobs. According to officials of the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) as many…

Railway freight earnings shoot up by 11.1 pc to Rs 14,798 crore in June

Jul 2, 2024

New Delhi, July 2 (IANS) Indian Railways has achieved a freight loading of 135.46 million tonnes in June this year which represents a robust 10.07 per cent increase over the corresponding figure of 123.06 million tonnes in the same month…

Business

Kotak Mahindra Bank’s shares fall nearly 2.5 per cent after Hindenburg’s claim

Jul 2, 2024

Mumbai, July 2 (IANS) The shares of Kotak Mahindra Bank fell nearly 2.5 per cent on Tuesday after Hindenburg Research, in its reply to markets regulator SEBI's show-cause notice, said Kotak Mahindra group created and oversaw the offshore…

Business

EU must open discussion on economic dimension of CBAM: Experts

Jul 2, 2024

New Delhi, July 2 (IANS) The European Union (EU) must start discussing the economic dimension of the Carbon Border Adjustment Mechanism (CBAM), said experts here on Tuesday.The CBAM by the EU is designed to slash greenhouse gas emissions by…

Business

Hindenburg claims Kotak Mahindra group’s fund short-sold Adani stocks, group says wasn’t…

Jul 2, 2024

Mumbai, July 2 (IANS) After Hindenburg Research alleged that Kotak Mahindra group created and oversaw the offshore fund structure used by the investor partner of Hindenburg to short Adani stocks, the group on Tuesday said Hindenburg was…

Business

Honda Motorcycle & Scooter India sells 5,18,799 units in June’24

Jul 2, 2024

Continuing the year with its massive double-digit growth, Honda Motorcycle & Scooter India (HMSI) today announced its overall sales for the month of June 2024.

Business

FilterCopy and Maruti Suzuki WagonR Present “Bada Sheher Choti Family”- A Heartwarming…

Jul 2, 2024

Pocket Aces, a leading digital entertainment media company, announced a fresh new mini-series, "Bada Sheher Choti Family," under their creative studio, FilterCopy in collaboration with Maruti Suzuki WagonR.

Business

RBI rolls out new draft regulations to ease export & import deals

Jul 2, 2024

Mumbai, July 2 (IANS) The Reserve Bank of India (RBI) on Tuesday came out with new draft regulations and directions to liberalise the rules covering foreign trade transactions to promote the ease of doing business, especially for small…

Business

CERT-In finds multiple bugs in Google Chrome OS, GitLab

Jul 2, 2024

New Delhi, July 2 (IANS) The Indian Computer Emergency Response Team (CERT-In), which comes under the Ministry of Electronics & Information Technology, has warned users of multiple vulnerabilities in Google Chrome OS and GitLab, which…

Business

Sensex closes flat amid profit booking in smallcap and midcap stocks

Jul 2, 2024

Mumbai, July 2 (IANS) Indian equity Indices closed flat on Tuesday following profit booking in midcap and smallcap stocks. At closing, Sensex was down 34 points, at 79,441 and Nifty was down 18 points, at 24,123. During trading hours IT…

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