Page 38 - Press Trust Of India

MEIL to pump in ₹40,000 cr capex in 3 yrs, eyes ₹2 trn topline in 5 yrs

PV Krishna Reddy, Managing Director of MEIL, also said the group is aiming to take some of its subsidiaries to an Initial Public Offering every couple of years

Sitharaman invites French firms to partner in India's Viksit Bharat journey

There are approximately 1,000 French companies operating in India

Rupee rises 19 paise to 95.16 against US dollar during early trade

At the interbank foreign exchange market, the rupee opened at 95.20, then touched 95.16 against the US dollar, registering a gain of 19 paise from its previous close

Delhi EV Policy to be implemented entirely via portal: Transport Minister

The new electric vehicle (EV) policy will be implemented entirely through an online portal with real-time monitoring, Transport Minister Pankaj Singh said on Thursday.

Centre notifies 3 rules under VB-G RAM G Act for MGNREGS transition

The Centre has notified rules to transition from MGNREGS to the VB-G RAM G Act, covering wage payments, liabilities and funding norms for the new rural jobs scheme

NCLAT revives Chintamani Jewellery Arcade insolvency on Axis plea

NCLAT has revived insolvency proceedings against Chintamani's Jewellery Arcade after finding the company materially breached its settlement agreement with Axis Bank

'Methyl isocyanate of law': Supreme Court sets aside AI-generated verdicts

The Supreme Court set aside an NCLT order over AI-generated fake precedents, directing zero tolerance for citing hallucinated judgments in courts

Delhi govt orders CAG audit of power discoms over pending RAs of ₹38,500 cr

The Delhi government has ordered a CAG audit of power discoms over ₹38,500 crore in regulatory assets that are ultimately recoverable from electricity consumers

Air India cuts fuel surcharges for North America, Europe flights

Air India has reduced fuel surcharges on flights to North America, Europe, the UK and Australia from July 1 after easing oil and jet fuel prices

ACE, Japan's KATO to invest ₹200 cr to manufacture cranes in India

ACE and Japan's KATO Works will invest ₹200 crore in a Haryana facility to manufacture high-capacity cranes for domestic and global infrastructure markets

Username row: After WhatsApp, IT Ministry sends notices to Telegram, Signal

After WhatsApp, the IT Ministry has sent notices to Telegram and Signal over their username features, citing concerns over fraud, phishing and impersonation risks

India and US are 'natural partners': Former PepsiCo CEO Indra Nooyi

Former PepsiCo CEO Indra Nooyi calls India and the US "natural partners", saying stronger ties are vital as Washington navigates strategic competition with China

PC Jeweller posts 21% growth in Q1 revenue; to be debt free in Sep quarter

PC Jeweller reported 21% revenue growth in Q1FY27 and said it expects to become debt-free in the July-September quarter after cutting over 90% of its debt

Govt fast-tracks disinvestment, garners 31% of FY27 Budget target in Q1FY27

The government has achieved 31% of its FY27 disinvestment and asset monetisation target in Q1, aided by a rapid series of PSU stake sales and InvIT receipts

Free trade agreements to give major boost to toy exports: Industry

India's FTAs with the UK and EU are expected to boost toy exports by providing zero-duty market access and opening new opportunities for domestic manufacturers

CIC advises NHAI to proactively disclose contracts' info in public domain

The CIC has advised NHAI to proactively disclose highway contracts, safety plans and project documents, saying greater transparency will improve public accountability

Hasnain, Margherita to represent India at Khamenei's state funeral: MEA

Minister Pabitra Margherita and Bihar Governor Syed Ata Hasnain will represent India at the funeral ceremonies of Iran's late Supreme Leader Ayatollah Ali Khamenei

Mass exodus continues from AIADMK, 3 ex-ministers, cadres join TVK

Three former AIADMK ministers joined the ruling TVK, prompting the DMK to mock the move as a "washing machine" exercise, while the defectors cited dissatisfaction with the AIADMK leadership

Visa says authentication must move beyond OTPs, launches Payment Passkey

Visa launched its Payment Passkey solution in India, saying digital payment authentication must move beyond passwords and OTPs as AI-driven commerce expands

Bank of Baroda settles case out-of-court with NMC Health for $600 million

Bank of Baroda settled its dispute with NMC entities for $600 million, while reporting 17% credit growth and a 14% rise in deposits in Q1FY27