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Pipeline work leads to vast megalithic site in Kerala

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An archaeologist examins a rock-cut burial chamber during a salvage excavation at Nagaparamba, near Kerala’s Tirunavaya. Photo: Special Arrangement A large number of megalithic hat stones were found from a single site during a recent archaeological salvage excavation conducted by the State Archaeology Department at Nagaparamba in Kuttippuram village, near Tirunavaya, in the district. Hat…

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Science

Titan to acquire additional 27.2% in CaratLane for ₹4,621 crore to raise stake to 98.28%

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Representational image | Photo Credit: Reuters Jewellery maker Titan on Saturday announced increasing stake in its subsidiary and new-age jewellery brand CaratLane to 98.28% by acquiring an additional 27.18% share for ₹4,621 crore. The Tata group-managed firm has entered into a share purchase agreement with CaratLane founders — Mithun Sacheti and Srinivasa Gopalan — and…

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Business

Mahindra recalls over 1 lakh units of XUV700 for wiring issue

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Image for representation purpose only. Mahindra & Mahindra is recalling over 1 lakh units of its sports utility vehicle XUV700 to inspect wiring routing in engine bay, as per a regulatory filing. The company said it will inspect wiring loom routing in the engine bay of 1,08,306 units of XUV700 manufactured between June 8, 2021…

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Business

As farm labour diminishes, mechanisation is essential for Bharat’s agri-sector expansion, says Mahindra & Mahindra’s Sikka 

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With diminishing agricultural labour within the nation, farm mechanisation has change into one of the vital very important elements for the expansion of sustainable agriculture in Bharat. Hemant Sikka, president, farm apparatus sector, Mahindra & Mahindra, in an unique interview with The Hindusays the rustic’s farm equipment business is predicted to develop from ₹9,200 crores…

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Business

Adani Group Market Cap Jumps To 3-Month High, Adds Rs 45,200 Crore On Friday

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Overall market capitalisation of 10 Adani Group companies shot up to Rs 10.96 lakh crore on Friday Mumbai: Billionaire Gautam Adani’s ports to power conglomerate added over Rs 45,200 crore in market capitalisation in a single day on Friday as shares of all 10 listed group firms surged after global investors showed renewed interest in…

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Business

Quantum gates: Devices that translate quantum effects to computing awesomeness

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Information technology (IT) has become essential to communication, banking, business, health, education, entertainment, and many other walks of our lives. Its prevalence makes us wonder if society can survive without it. IT relies on gadgets that store and process vast amounts of information at humanly impossible speeds. Gate in computing A bit is the smallest…

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Science

India’s Growth To Outpace All Other G20 Economies For Next 2 Years: Moody’s

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All three global rating agencies have the lowest investment grade rating on India. (File) New Delhi: Moody’s Investors Service on Friday affirmed India’s rating at the lowest investment grade of ‘Baa3’, with a stable outlook, saying high growth will support a gradual increase in income levels, but flagged risks of populist policies due to rise…

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Business

For Personal Loans, RBI Issues New Norms With 2 Key Changes. See Details

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Banks and NBFCs have been asked to ensure compliance of the RBI’s personal loan instructions Mumbai: The Reserve Bank on Friday asked banks to provide fixed interest rate option to individual borrowers and directed the lenders to levy only reasonable penalty charges in case of default in EMI payments. The two decisions are expected to…

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Business

Moody’s affirms India’s sovereign rating at ‘Baa3’; says GDP growth to support increase in income level

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Moody’s on August 18 affirmed India’s sovereign rating at ‘Baa3’ with a stable outlook and said high growth will support a gradual increase in income levels, which will further contribute to economic strength. | Photo Credit: Reuters Moody’s on August 18 affirmed India’s sovereign rating at ‘Baa3’ with a stable outlook and said high growth…

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Business

Tata Communications Challenges Centre’s Rs 991 Crore Licence Fee Demand

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Tata Communications challenged DoT’s Rs 991.5 crore licence fee demand New Delhi: Tata Communications has challenged Telecom Department’s Rs 991.5 crore licence fee demand pertaining to past years, in TDSAT, which has directed the DoT not to take any coercive action till the next hearing, the company said in a filing on Friday. The Department…

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Business