Page 2771 - Press Trust Of India

Reliance Industries sells REC Solar Norway to Elkem ASA for $22 million

REC Norway is a wholly-owned unit of REC Solar Holdings and is involved in the manufacturing of kerf-based polysilicon in the Scandinavian country

Exports marginally up at $38.45 bn in December; trade deficit narrows

Imports declined by 4.85 per cent to $58.25 billion in December last year due to a dip in crude oil shipments

Tighter rules to be notified soon: Govt after Tendulkar's deepfake video

In a post on X, Tendulkar mentioned the doctored video - where he is seen promoting a gaming application - and expressed concerns about the misuse of technology

Ram temple consecration: AAP plans 'Sundar Kand' in Delhi on Tuesdays

The consecration ceremony at the Ram temple in Ayodhya will be held on January 22 and Prime Minister Narendra Modi will be present there

BoB's new deposit scheme offers 7.1-7.6% interest on short-term deposits

Banks are offering higher interest on deposits as more and more people are investing in mutual funds and stock markets which are offering better returns than bank deposits

Jai Balaji Q3 results: Net up 740% to Rs 234 cr, plans Rs 1,000 cr capex

The company, which posted a Rs 28 crore net profit in the third quarter of the 2022-23 fiscal, attributed the surge in profit to its focus on higher-value products and cost efficiency

WFI to go ahead with EC meeting, set to ratify decisions taken during AGM

It is expected the members will ratify the decisions taken during the General Council meeting of the WFI on December 21, hours after the new office bearers were elected

Domestic air passenger traffic grew 8.34% to 152 mn in 2023: DGCA data

Of the total domestic passenger traffic, no-frills carrier IndiGo flew 9.19 crore with a market share of 60.5 per cent, followed by full-service carrier Air India

Nissan Motor India names Saurabh Vatsa as Deputy Managing Director

He will report to Managing Director Rakesh Srivastava and support in implementing the company's ongoing transformation roadmap, the automaker said in a statement

PM Modi lauds IMD for exceptional service, advancing climate research

The IMD kickstarted its 150th anniversary celebrations on Monday with the launch of the 'Panchayat Mausam Seva' that aims to take weather forecasts to every farmer in every village

S&P Global Ratings ups long-term issuer credit rating on Vedanta Resources

S&P Global Ratings has also raised its long-term issue ratings on the company's outstanding bonds due in January and August this year, and March next year to 'CCC+' from 'D'

Cooperative sector vital in making India 3rd largest economy: Gujarat CM

The governance of cooperative banks has improved significantly after such banks came under the purview of the Reserve Bank of India and it has increased depositor's confidence, the CM asserted

Investors subscribe 54% of Medi Assist IPO on 1st day of offering

The Rs 1,171.57 crore IPO received bids for 1,05,68,425 shares against 1,96,19,719 shares on offer, as per NSE data

Rs 16.93 trn investment in power, RE since 2014, Rs 17.05 trn in pipeline

R K Singh said that Rs 7.4 trn would be invested in the power sector while Rs 9.65 trn

Fitch assigns 'BB(EXP)' rating to Shriram Finance's proposed US bonds issue

'BB(EXP)' rating reflects that an issuer has some risk of default but is still a safer investment compared to others

IT services, BPO exports grew over 12% to touch $193 billion in FY23: ESC

The IT software/services chunk accounted for the bulk of this at USD 126 billion, followed by BPO services (USD 52 billion)

Dharavi residents to get 350 sq ft flats after redevelopment: Adani Group

The Adani group on Monday said it will offer eligible residents of the Dharavi slum clusters new flats measuring 350 sq ft

Income tax benefits granted to 2,975 recognised startups: DPIIT

'The number of startups getting income tax benefits was 1,100 till March 2023 and now it has increased to 2,975 startups,' Joint Secretary, DPIIT Sanjiv told reporters

Global deaths from fungal disease twice previous estimate: Lancet study

The annual number of deaths from fungal disease worldwide has risen to 3.75 million, double the previous estimate, according to a study using data from over 80 countries, including India

Luxury carmaker Volvo hikes combustion engine vehicle prices by 2%

Volvo Car India on Monday said it has increased prices of its conventional engine vehicles by 2% but has kept the prices of its electric vehicles unchanged