SII acquires 50% stake in SCHOTT Kaisha JV for pharma packaging play

Pune (IANS) The world's largest vaccine maker Serum Institute of India has bought 50 per cent stake in the Indian joint venture SCHOTT Kaisha from former co-owners Kairus Dadachanji and Shapoor Mistry at an undisclosed amount to expand its presence…

British Airways increases India-UK flight services

New Delhi (IANS) British Airways on Tuesday said that it has increased flights between India and the UK.

According to the airline, starting August 16, 2021, flight services have been increased from 10 to 20 per week.

The airline said…

No change in petrol, diesel prices on Tuesday

New Delhi (IANS) Petrol and diesel prices in the country remained static for the 31st consecutive day on Tuesday.

Accordingly, in the national capital, petrol continued to be sold for Rs 101.84 per litre, while diesel is also being sold at…

Sensex, Nifty hit new highs amid choppy trade

Mumbai (IANS) The Indian stock market traded on a flattish note on Monday morning in line with the subdued trade in the Asian markets.

However, the Sensex inched marginally higher to touch an all-time high of 55,518.95 points and the Nifty50…

India's wholesale price inflation sequentially eases to 11.16% in July

New Delhi (IANS) Easing prices of food products, primary articles sequentially decelerated India's July 2021 wholesale inflation.

Accordingly, the annual rate of inflation, based on wholesale prices, rose to 11.16 per cent last month from…

Macros power indices' rise; Sensex crosses 55k-mark

Mumbai (IANS) Healthy macro-economic data as well as hopes of a faster economic revival lifted India's key equity market indices' on Friday.

Initially, the two key equity indices had a gap up opening and continued to move higher, however,…

NTPC floats global EOI for pilot on Hydrogen Blending with Natural Gas

New Delhi (IANS) NTPC has floated a global Expression of Interest (EoI) to set up a Pilot Project on Hydrogen Blending with Natural Gas in City Gas Distribution (CGD) Network in India.

The EoI follows the recent tenders floated by NTPC REL…

Mahindra launches XUV700 starting from Rs 11.99L

Mumbai (IANS) Automobile manufacturer Mahindra & Mahindra on Saturday launched its new SUV XUV700 with a starting price of Rs 11.99 lakh.

The company also announced prices for its four variants in the five-seater manual transmission category.

74% Indian mid-market businesses optimistic about economy: Survey

New Delhi (IANS) Amid revival in the economy, post the severe impact of Covid-19' second wave, 74 per cent mid-market business leaders in India are optimistic about the Indian economy, as against 69 per cent globally, according to a survey by…

India's forex reserves rise by over $880 mn

Mumbai (IANS) India's foreign exchange reserves rose by $889 million, during the week ended August 6.

According to the Reserve Bank of India's (RBI) weekly statistical supplement, the reserves increased to $621.464 billion from $620.576…