IndiGo's order for 500 Airbus A320 family aircraft landmark for industry: Scindia

New Delhi (IANS) Civil Aviation Minister Jyotiraditya M. Scindia on Tuesday termed the IndiGo Airlines order for a staggering 500 Airbus A320 family aircraft as another landmark in the country's aviation industry.

Addressing the media here,…

BSES to award contract for 5 million smart meters by July 2023

New Delhi (IANS) BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) are set to undergo a remarkable digital transformation with the phased implementation of their ambitious Smart Meter project.

This project aims to equip…

Cash transactions dramatically spike at petrol pumps, online orders

New Delhi (IANS) One of the major benefits of the Centre's decision to withdraw the Rs 2,000 currency note might be the immediate uptick in consumption demand, according to the State Bank of Indias Economic Research Department.

"As per…

Direct tax collection rises 11% to Rs 3,79,760 crore

New Delhi (IANS) Direct tax collections for 2023-24, as on June 17, stood at Rs 3,79,760 crore, compared to Rs 3,41,568 crore in the corresponding period of the last fiscal, representing an increase of 11.18 per cent.

The net direct tax collection…

'Continuous and repetitive' investigations can impact merger, Zee tells SEBI

New Delhi (IANS) Zee Entertainment Enterprises has written to SEBI that "continuous and repetitive" investigations on the same cause of action creates prejudice for the Company and Shareholders, and can potentially impact the merger process.

SEBI…

Chairman Emeritus and MD of large listed company diverted public money: SEBI reply to SAT in Zee matter

New Delhi (IANS) The Securities and Exchange Board of India (SEBI) in its reply in the matter of Zee Enterprises to Securities and Appellate Tribunal (SAT) has pointed out that Chairman Emeritus Subhash Chandra and Managing Director and CEO Punit…

Govt to push alternative plant nutrients to cut fertiliser subsidy load by 50%

New Delhi (IANS) An ambitious scheme that aims to promote balanced use of fertilisers along with bio-fertilisers, called Promotion of Alternate Nutrients for Agriculture Management Yojana or PM PRANAM, is likely to be formally unveiled by the Centre…

Ex-ISRO official promoted Sisir Radar test flew drone fitted with 'Rabbit SAR'

Chennai (IANS) Space sector startup, Sisir Radar Private Ltd has successfully tested its Synthetic Aperture Radar (SAR) fitted on a drone, said a senior company official.

"The drone fitted with SAR was flown (on Friday) at a place called Sonarpur,…

Nutraceuticals products market in India to touch $18 million in 2025

Kochi (IANS) The demand for nutraceutical products has increased in recent years, resulting in a remarkable compound annual growth of 20 percent over the past three years, experts working in the area of natural biopolymers said on Friday.

This…

GST council may mull steps to prevent fake generation of ITC in next meeting: Official

New Delhi (IANS) The GST Council in its meeting next month, is likely to discuss measures to ensure strict provisions for preventing fake generation of Input Tax Credit (ITC), aiming to prevent tax evasion, a senior official said on Friday.

The…