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File. | Photo Credit: Reuters Debt-ridden telecom operator Vodafone Idea plans to clear about ₹2,400 crore of dues to the government by September, sources privy to the development said. The company recently cleared pending dues of licence fees and spectrum usage charges of about ₹450 crore for the March quarter of 2022-23, a source told…
Read More “Vodafone Idea plans to clear about ₹2,400 crore dues by September” »
ATEL is setting up EV charging ecosystem with a wide range of charging points. (Representational) New Delhi: Adani TotalEnergies E-Mobility Limited (ATEL) will set up EV charging infrastructure with all-electric cab aggregator, Prakriti E-Mobility (Evera), the company said on Tuesday. “The collaboration will feature an integration of 200 EV charging points super hub in Delhi….
Read More “Adani TotalEnergies E-Mobility Partners With Evera Cabs For Charging Hubs” »
Kumar Mangalam Birla. File. | Photo Credit: PTI Aditya Birla Group’s Hindalco Industries Ltd. will invest ₹2,000 crore in a railway related green-transportation project, Chairman Kumar Mangalam Birla informed the shareholders at the company’s AGM held here. “Indian Railways has the laudable goal of becoming Net Zero while concurrently doubling freight capacity,” Mr. Birla said….
Read More “Hindalco mulls ₹2,000 crore investment in rail coach related green project” »
The Bombay Stock Exchange (BSE) logo is seen at the BSE building in Mumbai. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty ended almost flat on Tuesday (August 22) as investors booked profits amid concerns over potential rate hikes in the U.S. and persistent foreign fund outflows. The BSE gauge eked out…
With this new project, the combined solar capacity of Tata Motors Pantnagar plant now stands at 16 MWp. Tata Power Ltd shares are under the radar, on Tuesday, after its renewable energy arm entered into an agreement with Tata Motors for a solar power project. In a stock exchange filing on Monday, the company said…
Read More “Tata Power Shares In Focus As Subsidiary Signs Deal With Tata Motors For Solar Project” »
Image for representational purposes The story so far: On August 17, seeking to further tackle the menace of cybercrimes and financial fraud, Union Minister for Telecommunications Ashwini Vaishnaw introduced two reforms. These entail revision of norms for bulk procurement of SIM cards and registering the final point of sale (PoS) by the licensees (or providers)….
Read More “Explained | What are the latest revisions to the process for the sale of SIM cards?” »
File picture of people standing next to a logo of Jio Financial Services ahead of its listing ceremony at the BSE in Mumbai, on August 21, 2023 | Photo Credit: Reuters Shares in India’s Jio Financial Services (JFS) slid the maximum allowed 5% for a second straight day on Tuesday, which will likely delay their…
Read More “Jio Financial continues slide, likely delaying index removal” »
At present, Exide Energy is setting up a plant of 6,000 gigawatts (GW) production capacity in Devanahalli Industrial Area. The plant is expected to begin operations in 2024. | Photo Credit: Photo for representation only Exide Energy, which is currently setting up a lithium battery cell plant at Devanahalli Industrial Area 2nd phase, near Bengaluru,…
Read More “Exide Energy to double lithium cell production in Karnataka” »
Representational image only. | Photo Credit: Reuters Equity benchmark indices began the trade on an optimistic note on August 22, extending their previous day’s rally amid a firm trend in global markets. The 30-share BSE Sensex climbed 92.83 points to 65,308.92 in early trade. The NSE Nifty gained 35.5 points to 19,429.10. From the Sensex…
Read More “Markets climb in early trade on firm global trends” »
Representational image. | Photo Credit: The Hindu The Rupee recovered from its all-time low levels and appreciated by seven paise to 83.06 against the U.S. dollar in early trade on August 22, as the American currency retreated from its elevated levels. Forex traders said the Rupee is trading in a narrow range as selling pressure…
Read More “Rupee rises seven paise to 83.06 against U.S. dollar in early trade” »
