Page 2784 - Press Trust Of India

India likely to register 6.9-7.2% GDP growth in FY24, says Deloitte

Deloitte India's recent economic outlook report said there is an underlying momentum that is building up in the Indian economy, as seen in the improving economic fundamentals

Welspun Group to invest Rs 500 cr towards plastics biz in Jammu & Kashmir

Speaking to PTI, the group's chairman B K Goenka said it will invest over Rs 40,000 crore for multiple projects including the new bets of green hydrogen and green ammonia

Civil aviation sector on upswing, 75 airports built in 10 years: Scindia

Earlier people only heard about airlines getting shut down in India, but now things have changed and new air carriers are being established to make flying accessible to citizens, Scindia said

Super sports car segment in India to grow by 30% in '24: McLaren Automotive

British luxury carmaker McLaren Automotive on Friday said it is expecting the super sports car segment in India to register 30 per cent growth this year.

S&P downgrades Vedanta Resources to selective default after debt extension

"We view Vedanta Resources' just concluded liability management exercise, which involved three of its US dollar-denominated bonds, as a distressed transaction," the rating agency said in a statement

Tata Motors commences production at Sanand plant it acquired from Ford

Tata Passenger Electric Mobility Ltd, a unit of Tata Motors, had acquired the facility from Ford India for Rs 725.7 crore in January last year

'Govt will not interfere with direct selling industry until it is right'

Consumer Affairs Secretary Rohi Kumar Singh on Friday told the direct selling industry that the authorities will not interfere with its business model as long as it is "right"

PM Modi inaugurates Atal Setu, India's longest sea-bridge in Mumbai

The six-lane trans-harbour bridge is 21.8 km long with a 16.5 km long sea-link and connects Mumbai with Navi Mumbai

Devaluation of Argentine Peso results in negative impact on Q3 sales: GCPL

The new Argentinian government is taking various measures to improve the economic conditions and one of them was to devalue the Argentine Peso to the US Dollar

Sugarcane-ethanol policy: Solution will be found after April, says Gadkari

India will one day become an exporter of energy and there was a need to develop agriculture for this to happen, he said, speaking at the International Sugarcane Conference

Migsun Group sells retail space in national capital to Dmart for Rs 108 cr

A leading hypermarket retail chain, Dmart has acquired the project's lower ground and first floors to set up a hypermarket store

Capacit'e Infra raises Rs 200 cr via QIP route for working capital needs

Capacit'e Infra on Friday said that it has raised Rs 200 crore through issuance of Qualified Institutional Placement (QIP)

ProClime commits Rs 450 crore investment in TN to drive carbon projects

ProClime, a unified service provider in the climate space across Singapore, Sri Lanka, and India has committed Rs 450 crore investment in Tamil Nadu for taking up carbon projects

Indian Bank inks pact with FPL Tech to launch co-branded credit card

Leveraging the Visa and RuPay platforms, the cards would be issued by Indian Bank and managed by FPL Technologies

Zydus Group to invest Rs 5,000 cr across various sectors in Gujarat: Patel

"We have signed MoUs of over Rs 5,000 crore. We'll be investing into next generation biotechnology products, new medical device initiatives and hospitals for healthcare sector," Chairman Patel said

REC to raise about Rs 3,500 crore via yen-denominated green bonds

The bonds will issued as part of REC's $10-billion global medium-term note programme, the company said in a regulatory filing

PM Modi starts special religious exercise preceding temple consecration

The prime minister said it is a sacred occasion for all Indians and Lord Ram's devotees and that everyone is waiting for the historic moment on January 22 when the idol of Ram will be consecrated

Chennai stands as capital of SaaS in country: Palanivel Thiaga Rajan

Digital Connexion set up its new data centre in the city on Friday aimed at serving the critical infrastructure needs of enterprises and digital service companies

SBI launches green rupee term-deposit scheme for climate-friendly projects

Currently, the scheme is available through the branch network and it will soon be made available through digital channels such as Yono and online banking, chairman Dinesh Khara said in a statement

Major Gold financer Muthoot Fincorp launches Rs 300-cr NCDs issue

Leading gold loan financier Muthoot Fincorp on Friday said it will raise Rs 300 crore through the issue of secured, redeemable, non-convertible debentures (NCDs)