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After 8 yrs of preliminary inquiry, CBI books Hindalco for corruption

The central probe agency registered an FIR against Hindalco and Chandini under Section 120-B (criminal conspiracy) of the Indian Penal Code after nearly 8 years long preliminary inquiry

India exports $122.7 mn worth non-basmati white rice during Apr-May

The exports stood at $852.53 million in 2023-24, $2.2 billion in 2022-23 and $2 billion in 2021-22, Minister of State for Commerce and Industry Jitin Prasada said in a written reply

Commerce ministry developing e-platform to connect exporters, MSMEs, govt

Government has initiated the creation of a trade connect e-platform to connect Indian exporters, MSMEs and entrepreneurs with various stakeholders, MoS Commerce and Industry Jitin Prasada said

Shree Cement Q1FY25 results: Net profit down 51.3% at Rs 278.45 cr

Revenue from operations was up 1.73 per cent to Rs 5,123.96 crore during the quarter under review, as against Rs 5,036.65 crore in the corresponding period of the preceding fiscal

Priyanka Gandhi didn't attend Ambani wedding: Congress retorts to claims

Participating in a debate on Finance Bill in Lok Sabha, Dubey had claimed that Gandhi attended the recent wedding of industrialist Mukesh Ambani's son Anant Ambani, but none of the Gandhis attended

Monitoring situation with regard to minorities in Bangladesh: EAM in RS

In a statement to the Upper House, External Affairs Minister S Jaishankar also briefed the MPs on former prime minister Sheikh Hasina's "very short notice" request to come to India "for the moment"

National full immunisation coverage at 93.5%; Lakshadweep, J-K top list

According to health ministry sources, some states and Union territories had figures higher than 100 per cent because of increased coverage by catch-up campaigns

Tata Power Q1 FY25 results: Net profit rises 31% to Rs 1,189 crore

According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in Q1FY25, compared to 72 per cent in the same period in FY24

No proposal for PLI scheme for manufacturing of shipping containers: Govt

Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha that the government has taken various measures to increase the availability of containers

NTPC seeks shareholders' nod to raise Rs 12,000 cr via issuance of NCDs

The approval of the shareholders is being sought to authorize the board of directors to make offer(s) or invitation(s) to subscribe to the non-convertible debentures

Retail inflation for industrial workers eases to 3.67% in June: Govt

"Year-on-year inflation for the month of June 2024 moderated to 3.67 per cent as compared to 5.57 per cent in June 2023," a Labour Ministry statement said

SC dismisses plea for centre-wise data of anti-diarrhoea vaccine trial

A bench of justices B R Gavai and K V Viswanathan passed the order while hearing a plea seeking directions to the Centre and others to make public the "segregated data" on the results

PSU banks' compensation against fraud rises over three-fold to Rs 140 cr

Union Bank of India paid the highest compensation of Rs 74.96 cr followed by Bank of India at Rs 20.38 cr and Indian Bank at Rs 16.16 cr during FY24, FM Nirmala Sitharaman said

Indian spices not banned by Singapore, Hong Kong, says MoS Anupriya Patel

The Spices Board, under the administrative control of the Ministry of Commerce and Industry, has taken various steps to meet the varying EtO limits of the importing country

Several measures taken by Sebi to protect retail investors: MoS Chaudhary

Under the Sebi's rule, no person can render investment advice unless he is registered with the capital markets regulator

Tech Mahindra, Horizon3.ai come together to provide AI-based cybersecurity

The enhanced compliance and cost-effective capabilities will ensure organisations meet regulatory standards and access scalable, advanced penetration testing

Inox Wind secures 201 MW project from Integrum Energy Infrastructure

According to the statement, Inox Wind has bagged an order for 201 MW from Integrum Energy Infrastructure Ltd, a leading C&I player

Power Finance Corp Q1 results: Net profit rises over 20% to Rs 7,182 cr

The company reported a consolidated net profit of Rs 5,982.14 crore in the quarter ended on June 30, 2024, a regulatory filing showed

IFC, ADB, DEG consortium to invest $275 mn in Fourth Partner Energy

The consortium's investment will infuse capital to fund FPEL's business expansion plans which include a target portfolio of 3.5 GW of renewable energy assets by 2026

Nazara arm buys assets of US gaming content platform DeltiasGaming.com

Absolute Sports will use its cash reserves to fund the all-cash transaction, to be paid over one or more tranches