Page 427 - Press Trust Of India/workspace/business Standard Web/undefined

Gangwal family trust offloads 1.3% stake in IndiGo for ₹2,933 crore

In August 2024, Gangwal's family trust sold a 5.24% stake in the airline for ₹9,549 crore. Before that, it had sold shares in March

Anlon Healthcare IPO subscribed 3.30 times on Day 2 of share sale

The initial public offer (IPO) has a fresh issue of aggregating up to 13.3 million shares

Aimtron Electronics secures order from Vanix to supply 50K IIoT, AI devices

This order strengthens Aimtron's growth pipeline and is expected to create more new job opportunities as the company scales up production to meet delivery timelines, Aimtron said

Indian stock markets remain stable on strong fundamentals: NSE CEO Chauhan

Acknowledging the ongoing turbulence in equities, he noted that domestic markets are positioned to absorb global volatility while continuing to offer long-term stability and opportunity to investors

U-special re-launched in Delhi; CM Gupta boards bus to Daulat Ram College

Gupta on Thursday re-launched the U-Special bus service for students of Delhi University as part of efforts to provide a student-friendly travel option

India must impose higher tariffs on US imports: Arvind Kejriwal

US President Donald Trump has imposed a 50% trade tariff on India over its crude oil imports from Russia

Terrorists struck Pahalgam's Baisaran due to high tourist footfall: NIA

"Three terrorists" were directly involved in the brutal terror attack in which 26 people were killed in cold blood on April 22, NIA officials said

Maharashtra rains: Over 2,200 people shifted in Nanded, Latur roads damaged

In Latur, 29 out of 60 revenue circles faced excess rainfall, that is above 65 mm in a single day, official said

Trump tariff may hinder tyre makers' growth momentum in US: Industry body

Tyre exports from India to the US will now face a tariff of 50 per cent on most categories and 25 per cent on specific categories

FM Sitharaman meets Qatar trade minister to strengthen bilateral trade

During the discussion, Sitharaman highlighted the transformative steps taken by India to attract foreign investments in the last decade

China, Nepal to conduct joint anti-terror military drills in September

The exercises to be held from early to mid-September will feature comprehensive counter-terrorism drills, as well as training in disaster relief and peacekeeping operations

US tariff may cut FY26 revenue of Indian diamond polishers by 30%: Crisil

During 2024-25, the revenue of the natural diamond polishing industry in India stood at around $16 billion, Crisil Ratings said in a report

Amazon boosts festive delivery with 12 fulfilment, 6 new sort centres

The expansion adds a combined 8.6 million cubic feet of incremental storage capacity, it said citing an analogy of it being equivalent of 100 Olympic-sized swimming pools

US tariffs may cut India growth by 0.5%: Ex-commerce secretary G K Pillai

Terming the steep tariff imposed on India as discriminatory, he said others like China and many European nations also import energy from Russia, but the US has not imposed a penalty against them

GST reform to offset growth drag from 50% US reciprocal tariff: BMI

GST has grown to be the second-largest source of fiscal revenue after income tax, amounting to around 30 per cent of total revenue and 2.5 per cent of GDP in FY2024-25

Number of school teachers crossed 10 mn for first time in 2024-25: Govt

The Unified District Information System for Education (UDISE) Plus is a data aggregation platform maintained by the education ministry to collate school education data from across the country

40% pollution cut under NCAP may extend life expectancy by 2 yrs: Study

The Energy Policy Institute at the University of Chicago said in its 2025 report that residents in these 130 cities would gain two years in life expectancy as compared to 2017 if the target is met

Airbus picks Mahindra Aerostructures to make H125 helicopter main fuselage

Jrgen Westermeier, President and MD of Airbus in India and South Asia, said the new contract with Mahindra Aerostructures is a testament to the strong capabilities of its partners in India

FM pledges support, vows to safeguard traders' interests amid US tariffs

The assurance was given to a delegation of the Federation of Indian Export Organisations (FIEO) led by its President S C Ralhan

Power Mech Projects bags ₹371 cr civil works order from Mahan Energen

The order will be executed in 30 months from the date of issuance of notice to proceed