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The 30-share BSE Sensex climbed 290.46 points to 80,809.80 in early trade. The NSE Nifty rallied 95.85 points to hit a new record peak of 24,598. File. | Photo Credit: ANI Equity benchmark indices rallied in early trade on July 15, with the Nifty hitting its new all-time high and the Sensex climbing 290 points,…
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A view of the Supreme Court of India. File | Photo Credit: PTI The Supreme Court has directed luxury car maker BMW India Private Ltd to pay ₹50 lakh as compensation to a customer for supplying a defective car in 2009. A bench of Chief Justice D.Y. Chandrachud and Justices J.B. Pardiwala and Manoj Misra…
Read More “SC asks BMW to pay ₹50 lakh as compensation to customer for defective car” »
Milind Lakkad, EVP and Chief Human Resources Officer (CHRO) at Tata Consultancy Services. File | Photo Credit: PTI Tata Consultancy Services, India’s largest IT services exporter, has reached pre-pandemic levels on the percentage of employees working from offices, a top official has said. Admitting that it took longer than expected, the Tata Group company’s chief…
Read More “‘Business as usual’: TCS to stop tracking work from office numbers soon” »
Union Commerce and Industry Minister Piyush Goyal. | Photo Credit: ANI India’s exports have recorded healthy growth in May and remained in the positive zone in June and the first quarter of the current fiscal despite global challenges, Commerce and Industry Minister Piyush Goyal has said. He also said that growth in the services sector…
Read More “Exports positive in April-June quarter despite global challenges: Goyal” »
A villager poses with lithium stones in Jammu and Kashmir’s Reasi district. | Photo Credit: PTI The story so far: In late June, the Centre declared the winning bidders for mining rights in six blocks of critical minerals, including graphite, phosphorite and lithium, for which India largely relies on imports. These are the first private…
Read More “How is India’s hunt for critical minerals going? | Explained” »
Cholamandalam Investment and Finance Co. Ltd. (Chola) continues to make significant progress towards its long-term vision of becoming a financial powerhouse, said the firm’s top official. “Chola has achieved record-breaking disbursals, collections, and profitability in FY24. Alongside this growth of our established businesses, our new ventures are making substantial contributions to both volume and value,”…
Read More “‘Chola making strides towards becoming a financial powerhouse’” »
Car subscriptions are rising among transit professionals in tier one metros, says Partho Banerjee, Senior Executive Officer, Services, MSIL Maruti Suzuki India Ltd. (MSIL) witnessed significant traction in its car subscription model in FY24, said Partho Banerjee, a senior company official. There were more than 10,000 cars across India of all MSIL brands put together…
Read More “Maruti Suzuki sees traction in subscription model” »
P.K. Purwar, Chairman, Managing Director ( BSNL). | Photo Credit: SIVA SARAVANAN S The government has denied extension to BSNL Chairman and Managing Director P K Purwar and has given the charge to a senior department of telecom officer Robert J Ravi, official sources said. Mr. Purwar, who took charge as BSNL CMD in July…
Read More “BSNL CMD Purwar denied extension, DoT officer Robert Ravi to get additional charge” »
A view of Mahanagar Telephone Nigam Limited (MTNL) exchange building, in New Delhi. | Photo Credit: SHIV KUMAR PUSHPAKAR The government is considering the option of handing over operations of Mahanagar Telephone Nigam Ltd (MTNL) to BSNL through an agreement, instead of pursuing a merger route, a source privy to the development said. A final…
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The former vice-chancellor of Anna University E. Balagurusamy has urged the Union government to allocate more fund to education to enhance the quality of education and research in India. Lauding the objectives of the National Education Policy 2020, he stated, “The goal of doubling Gross Enrolment Ratio (GER) from the current 26.3% to 50% by…
