'New EV manufacturing policy aims to attract global players and domestic value addition'

Chennai (IANS) The new electric vehicles (EV) manufacturing policy, announced by the Central government on Friday, will not only aim to attract global players to India but also stress domestic value addition, a top official of the Automotive Component…

India awaits Musk’s response as Centre clears road for Tesla's entry

New Delhi (IANS) Tesla lovers in the country are anxiously waiting for the first response from Elon Musk after the government approved a new electric vehicle (EV) policy that is designed to attract investments in the EV space by global manufacturers…

30 Indian startups secure $287 million funding this week

New Delhi (IANS) The Indian startups continued to raise funds at a normal pace, and this week, 30 startups secured around $287 million in the country.

This included six growth-stage deals and 20 early-stage deals, Entrackr reported on Saturday.

Adani Energy Solutions wins CII's 'Climate Action CAP 2.0 Award 2023'

Ahmedabad (IANS) Adani Energy Solutions Limited (AESL) has won the coveted 'Climate Action CAP 2.0 Award for 2023' from top industry body the Confederation of Indian Industry (CII) in the 'Resilient category', the company said on Saturday.

Sensex slips more than 500 points

New Delhi (IANS) BSE Sensex is trading at 72,576.14 points, down by 521.14 points on Friday.

HPCL was down by 7 per cent, NTPC more than 3 per cent, M&M, Tata Motors more than 2 per cent and IOC, BPCL more than 6 per cent.

"The rebound…

Petrol, diesel prices cut by Rs 2 across India, Petroleum Minister says step shows PM's commitment to people

New Delhi (IANS) Petrol and diesel across India will be cheaper by around Rs 2 per litre from early on Friday as the oil marketing companies have revised prices, the Petroleum and Natural Gas Ministry announced on Thursday.

"Oil Marketing Companies…

Govt clears new E-vehicle policy to woo world’s top manufacturers

New Delhi (IANS) The Central government has approved a scheme to promote India as a manufacturing destination so that e-vehicles (EV) with the latest technology can be manufactured in the country.

Commerce Ministry on Friday said the policy…

Reliance Industries to acquire Paramount Global’s 13 pc stake in Viacom 18 Media for Rs 4286 cr

New Delhi (IANS) Reliance Industries has signed an agreement to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited (Viacom18) held by Paramount Global through its two subsidiaries for an aggregate consideration of Rs 4,286 crore.

Govt inks pact for $23 mn ADB loan to strengthen fintech ecosystem in India

New Delhi (IANS) The Government of India and the Asian Development Bank (ADB) on Thursday signed a $23 million loan agreement to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT-City).

Small cap index down 10 pc from the peak after SEBI red flags

New Delhi (IANS) Small and mid cap stocks are coming under intense selling pressure with the regulator raising red flags.

The small cap index is down more than 3 per cent on Wednesday. The mid cap index is down more than 2 per cent. The SME…