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Tata Steel, UK Announce 1.25 Billion Pound Joint Investment Plan

Tata Steel, UK Announce 1.25 Billion Pound Joint Investment Plan

Press Trust of India | Friday September 15, 2023, London/New Delhi

The United Kingdom on Friday announced a joint investment package with Tata Steel worth 1.25 billion pounds, including a government grant of 500 million pounds, for the country's largest steelworks in Wales that will help protect thousands of jobs and boost the British economy.

Jindal Steel Gets Green Panel Notice Over Worker's Death In Molten Slag Incident

Jindal Steel Gets Green Panel Notice Over Worker's Death In Molten Slag Incident

Press Trust of India | Friday September 15, 2023, New Delhi

The National Green Tribunal (NGT) has issued a notice to Jindal Steel and Power Limited in connection with the death of a worker after hot or molten slag allegedly fell on him at the company's steel plant in Patrapali village in Raigarh district of Chhattisgarh.

Share Markets Open At Record High - Sensex At 67,731, Nifty At 20,161

Share Markets Open At Record High - Sensex At 67,731, Nifty At 20,161

Reuters | Friday September 15, 2023

India's benchmarks hit new record highs for the second consecutive session on Friday, tracking Asian peers, as stronger-than-expected macroeconomic data from China and easing US rate concerns aided sentiment.

Fitch Retains India's Growth Forecast For Current Fiscal At 6.3%

Fitch Retains India's Growth Forecast For Current Fiscal At 6.3%

Press Trust of India | Thursday September 14, 2023, New Delhi

Fitch Ratings on Thursday retained India's growth forecast for the current fiscal at 6.3 per cent saying the Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, but upped year-end inflation projection on El Nino threat.

Adani Group Forms Joint Venture For Marketing Of Green Hydrogen In Japan

Adani Group Forms Joint Venture For Marketing Of Green Hydrogen In Japan

Press Trust of India | Thursday September 14, 2023, New Delhi

Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets.

Wholesale Inflation Stays In Negative For Fifth Month At -0.52% In August

Wholesale Inflation Stays In Negative For Fifth Month At -0.52% In August

Press Trust of India | Thursday September 14, 2023, New Delhi

Wholesale price-based inflation remained in the negative territory for the fifth straight month in August at (-)0.52 per cent, but prices of food articles and fuel showed an uptick.

Markets Open At Record High - Nifty At 20,148, Sensex At 67,709

Markets Open At Record High - Nifty At 20,148, Sensex At 67,709

Reuters | Thursday September 14, 2023, Mumbai

India's blue-chips Nifty 50 and Sensex opened higher and hit fresh all-time highs on Thursday, as sentiment improved after U.S. inflation data cemented the likelihood of a pause in the rate hike cycle by the Federal Reserve.

Return Property Papers To Borrowers Within 30 Days Of Repayment: RBI To Banks

Return Property Papers To Borrowers Within 30 Days Of Repayment: RBI To Banks

Press Trust of India | Thursday September 14, 2023, Mumbai

The Reserve Bank on Wednesday directed banks and financial institutions to release all original movable or immovable property documents and remove charges registered with any registry within 30 days after full repayment of a loan by the borrower.

Adani Enterprises Arm To Build 5.2 MW Wind Turbine Generators

Adani Enterprises Arm To Build 5.2 MW Wind Turbine Generators

Press Trust of India | Wednesday September 13, 2023, New Delhi

Adani Enterprises Ltd said on Wednesday that its arm Adani New Industries Ltd has received a key international certification and will now be able to start production of 5.2 MW series wind turbine generators for global markets.

Will Apple's Switch To USB Type-C Impact It Financially? Explained

Will Apple's Switch To USB Type-C Impact It Financially? Explained

Edited by Amit Chaturvedi | Wednesday September 13, 2023

Since the introduction of Lightning port more than a decade ago, Apple has earned tens of millions of dollars per quarter, according to a Bloomberg report.

Zaggle Prepaid Ocean IPO: All You Need To Know

Zaggle Prepaid Ocean IPO: All You Need To Know

Edited by NDTV Business Desk | Wednesday September 13, 2023, New Delhi

Equity investors are gearing up for another public offer that is ready to hit the Indian markets this week the Zaggle Prepaid Ocean IPO (initial public offering).

"No Impact On Price": India On Removing Additional Duties On US Products

"No Impact On Price": India On Removing Additional Duties On US Products

Press Trust of India | Tuesday September 12, 2023, New Delhi

The government on Tuesday said that the removal of additional retaliatory duties on imports of US apples, walnuts and almonds will not result in any negative impact on domestic producers.

RBI Issues Revised Guidelines For Investment Of Commercial Banks

RBI Issues Revised Guidelines For Investment Of Commercial Banks

Reuters | Tuesday September 12, 2023, New Delhi

The Reserve Bank of India on Tuesday issued revised classification, valuation and operation guidelines for the investment portfolio of commercial banks, which will be effective from April 1, 2024.

Industrial Production Growth Rises To 5-Month High Of 5.7% In July

Industrial Production Growth Rises To 5-Month High Of 5.7% In July

Press Trust of India | Tuesday September 12, 2023, New Delhi

India's industrial production growth rose to a five-month high of 5.7 per cent in July, mainly due to good showing by the manufacturing, mining and power sectors, according to the official data released on Tuesday.

SpiceJet Pays Rs 100 Crore To Kal Airways After Court Order

SpiceJet Pays Rs 100 Crore To Kal Airways After Court Order

Asian News International | Tuesday September 12, 2023, New Delhi

SpiceJet has completed the payment of Rs 100 crore to Kal Airways Private Limited, the airline confirmed in a statement today.

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