Page 424 - Press Trust Of India/workspace/business Standard Web/undefined

PM Modi, Prez Xi likely to hold two meetings on SCO summit sidelines

On Monday, the Prime Minister will take part in the SCO Summit and is likely to have a bilateral meeting with Russian President Vladimir Putin before leaving for home

RBI imposes penalty of ₹44.70 lakh on Bandhan Bank over regulatory lapses

In a statement on Friday, the RBI said that a statutory inspection for supervisory evaluation of the bank was conducted with reference to its financial position as on March 31, 2024

HC to hear Vijay Mallya, UBHL director's plea on debt recovery records

The petitioners have sought directions to concerned banks to furnish a detailed statement of accounts showing the dues owed by them, UBHL, and other certificate debtors

Maharashtra signs ₹33,768 cr MoUs; industries to generate 33,000 jobs

The chief minister assured investors that the state government is committed to providing a smooth experience in Maharashtra

Capgemini seeks CCI approval to acquire Singapore-based Cloud4C firm

The development comes after Capgemini announced on Tuesday that it has signed an agreement to acquire Cloud4C, a leader in hybrid cloud platform services

Anlon Healthcare IPO booked 7.12 times offer size on closing day

The Rs 121-crore IPO received bids for 9,47,39,520 shares against 1,33,00,000 shares on offer, according to NSE data

Forex reserves drop $4.38 billion to $690.72 billion, shows RBI data

For the week ended August 22, foreign currency assets, a major component of the reserves, decreased $3.652 billion to $582.251 billion, the data released on Friday showed

Delhi records wettest August in 15 years with 399.8 mm rainfall, shows data

This makes it the rainiest August since 2010, when the city received 455.8 mm of rainfall, according to the India Meteorological Department (IMD)

With 3,564 e-buses, Delhi leads green mobility; Maharashtra, K'taka follow

Odisha, with 450 such vehicles, is in the fifth position among all states in the adoption of electric buses

LIC presents dividend cheque of ₹7,324 crore to Finance Minister for FY25

The dividend was approved by LIC in its annual general meeting held on August 26, 2025, the state-owned insurance firm said in a statement

IBM to launch quantum computer in AP by March 2026, urges app research

Scott Crowder, vice-president for quantum adoption at the company, said the company has partnered with India's largest IT services exporter TCS to install the 'IBM Quantum System Two'

Telangana may face ₹7,000 cr annual loss from GST reform: Deputy CM

Addressing the media in the national capital, Vikramarka said Telangana's accumulated losses since the introduction of GST are estimated to be nearly Rs 80,000 crore

India, China cooperation crucial for global economic stability: PM Modi

"I believe, by virtue of our good relations with both sides, including key stakeholders, we can strengthen efforts dedicated to the restoration of an early and lasting peace in Ukraine," Modi said

Qatar wants to negotiate trade pact with India, says Piyush Goyal

These agreements, he said, will open up new opportunities, markets, and investment possibilities

Hitachi Energy to invest ₹300 crore to expand transformer material plant

The investment is part of company's overall investment of ₹2,000 crore for India announced in October 2024, Hitachi Energy India said in a statement

Need to boost raw material ecosystem for medtech sector growth: Report

Valued at around $16 billion, India's medical technology (medtech) industry currently accounts for only around 2 per cent of the $680 billion global market

Isro charts plan for Mars landing, Moon base and deep-space missions

The roadmap is an outcome of nationwide consultations carried out by the space agency, which culminated at the National Space Day celebrations here last weekend

CBI books AAI employee for siphoning off ₹232 cr into his personal accounts

Chandrakanth P, senior manager (finance), AAI, filed a formal complaint with the CBI on August 18, which became the basis of the FIR to be probed by the Economic Offences Unit of the agency

Oppn states demand compensation for revenue loss due to GST reform proposal

Finance ministers from 8 states- Himachal, Jharkhand, Karnataka, Kerala, Punjab, Tamil Nadu, Telangana and Bengal- decided to present their proposal to the GST Council at the next meeting on Sept 3, 4

Odisha 5th in green mobility in India, aims to expand e-bus fleet beyond 1K

According to data, 14,329 e-buses are currently in operation across India, of which Delhi has the highest number of vehicles at 3,564, followed by Maharashtra (3,296), Karnataka (2,236), and UP (850)