Page 2831 - Press Trust Of India

RBI proposes banks with less than 6% net NPAs to declare dividends

As per the prevailing norms last updated in 2005, banks need to have a NNPA ratio of up to 7 per cent to become eligible for declaration of dividends

Muthoot Finance to raise up to Rs 1,000 crore capital through NCDs

The issue opens on January 8 and closes on January 19 with an option to close on such earlier date or extended date as may be decided by the board, the Kochi-based company said in a statement

India, UAE begin 2-week military exercise 'Desert Cyclone' in Rajasthan

It is for the first time that the two armies are holding such a mega military exercise. It will culminate on January 15

Consecration ceremony in Ayodhya a chance for global branding of UP: CM

Adityanath also said the Ram temple will be a symbol of cultural, spiritual and social unity of India in the form of 'Rashtra Mandir'

BJP to form seat clusters under leaders, hold nation-wide rallies: Shelar

Before organising mega rallies, the state president will hold meetings in every Lok Sabha constituency by forming a cluster of three Assembly constituencies at a time, he said

Divine Power Energy to launch IPO by March; eyes Rs 400 cr turnover by 2026

The Ghaziabad-based company intends to expand its production capacity by raising capital through an initial public offering (IPO)

Adani Ports reports 42% growth in cargo handling in December 2023

According to a APSEZ statement, 10 ports in the APSEZ portfolio delivered their highest-ever cargo volumes, recording new operating milestones

Coal India's supply to non-regulated sector rises 31% during Apr-Dec

Coal India Ltd (CIL) supplied 75 MT fuel in the corresponding period of the previous fiscal

Esconet Technologies files draft papers to raise funds through IPO

The initial public offering (IPO) is entirely a fresh issuance of up to 33,60,000 equity shares, with a face value of Rs 10 each

Airtel Africa CEO Ogunsanya to retire, Sunil Taldar named successor

Taldar, who joined Airtel Africa in October 2023 as Director Transformation, will begin the transition to the CEO role, working alongside Ogunsanya

312 Covid sub-variant JN.1 cases detected in country, around 47% in Kerala

The INSACOG's data showed 279 Covid cases recorded in the country in December had the presence of JN.1, while 33 such cases were detected in November

Hyderabad airport among global airports with highest on-time performance

In 2023 On-Time Performance (OTP) Review prepared by aviation analytics firm Cirium, there are a total of three Indian airports -- Hyderabad, Bengaluru and Kolkata -- and one Indian carrier -- Indigo

Suzuki Motorcycle India's vehicle sales grow 24% to 79,483 units in Dec

Suzuki Motorcycle India Pvt Ltd (SMIPL), a subsidiary of Suzuki Motor Corporation, had sold 63,912 vehicles in December, as per a company statement

Sugar production falls again, dips 7.7% to 11.2 mn tonnes in Oct-Dec: NFCSF

NFCSF has projected the country's total sugar output to be at 305 lakh tonnes in the 2023-24 season, lower than 330.90 lakh tonnes achieved in the 2022-23 season

Bilateral trade between India, Bangladesh down during pre-election season

Bangladesh is set to hold its 12th general election on January 7 and the pre-election atmosphere has cast a shadow on the cross-border trade

Everyone wants to do an FTA with India due to rapidly growing market: GTRI

The Global Trade Research Initiative (GTRI) said that by implementing a trade deal (FTA) with India, countries can access the Indian market with less or no import duties on substantial trade

Tea production declines by 6.18% to 127.12 million kgs in November 2023

Tea production in the country has dipped by 6.18 per cent to 127.12 million kilograms in November 2023.

BHEL making India self-reliant in energy, infra: Heavy industries minister

The minister inaugurated the newly-constructed BHEL Sadan in Noida on the occasion of BHEL Day on Monday, the company said in a statement

Hershey Company appoints Luigi Mirri as general manager for India division

Currently serving as the General Manager of APAC, Mirri will expand his responsibilities to include India, Hershey Company said in a statement. Mirri's appointment is from January 1,2024

Coal output rises nearly 11% in Dec to 92.87 million tonnes: Govt

"The coal sector has witnessed an unprecedented upswing, with production, dispatch and stock levels soaring to remarkable heights," the statement from the coal ministry said