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The project has a capital cost of about Rs4,400 crore. This first-of-its-kind, landmark project, is expected to be commissioned in 2027.

The Nifty has dropped 5% in five days to an 11-month low, while the Sensex has dropped 153 points.

The Competition Commission of India has approved Air India, a wholly-owned subsidiary of Tata Sons, acquiring the whole stake in AirAsia India.

Asian Paints: Asian Paints has subscribed to 51% of the equity share capital of Weatherseal Fenestration comprising of 10,409 equity shares of Rs. 10 each at a premium of Rs. 18,091 per share, issued on preferential basis for an aggregate cash consideration of Rs. 18.84 crore. Accordingly, Weatherseal Fenestration is now a subsidiary of the company. Wipro: Wipro is increasing its investment locally in Norway […]

The Indian rupee saw muted moves after hitting fresh record lows beyond Rs 78 per dollar mark. INR gained a little, consolidating just around 78 per US dollar mark. The local equity indices ended lower in the volatile session today that saw markets move up in the initial hours before turning lower. Indias inflation based on the Wholesale Price Index (WPI) rose further in May, […]

A top official who was directing Tesla's lobbying campaign in India has quit, weeks after the American carmaker put on hold plans to sell electric cars in the South Asian country.

The acquisition is for a consideration of Rs6.26 crore.

CEA said India is in a better position than other growing countries.

The US shares were mostly lower in choppy trade on Tuesday, 14 June 2022, with the Dow and the S&P 500 indexes finishing lower for fifth straight session, while the Nasdaq managed to clings gain line. The mixed finish of Wall Street was due to investors cautious moves ahead of the Federal Reserves monetary policy announcement. The Fed was previously expected to raise interest rates […]

Copper rose after recent losses as bargain buying and falling LME inventories capped the downside. The red metal currently trades up 1% at $4.18%. On the economic front, the ZEW Indicator of Economic Sentiment for Germany climbed 6.3 points to a current value of minus 28.0 points in the June 2022 survey. The assessment of the economic situation in Germany improved by 8.9 points in […]