This makes Indian bonds less attractive to foreign investors

Bond yields slide as reports tout progress in global listing of Indian debt

Government bonds, bond yield

It did not disclose the name of the buyer or the extent of the investment it was selling. Adani Green Energy and Adani Energy Solutions did not immediately reply to Reuters requests for comment

Adani, Adani Group

Bajaj Auto has virtually closed the gap with Ather Energy in September, notching up 6423 EV registrations compared to 6466 registrations by Ather as on Thursday

electric scooter

It was Ashwin Dani who pioneered the idea of computerised colour matching in the Indian paint industry

Ashwin Dani

UCBs that aspire to become SFBs do not want the same limits on loan size and priority sector targets that SFBs have, especially when not many of them have sought to become SFBs

Drug major Cipla on Tuesday said it has introduced drone-powered deliveries of critical medicines for hospitals and pharmacies in Himachal Pradesh in partnership with Sky Air Mobility.
The Mumbai-based firm aims to deliver medicines for cardiac, respiratory and other essential chronic therapies as part of the initiative.
The use of drones will support on-time deliveries of the company's medicines to chemists and clinics in remote areas while minimising risks such as delays, temperature excursions affecting cold chain products, and roadside accidents, Cipla said in a statement.
"As we accelerate our digital agenda across all functions, implementing drone-powered distribution enhances our supply chain resilience, strengthens connects with channel partners, helps us stay future ready and maintain reliable, prompt delivery of our trusted high-quality drugs to stockists and patients in the region," Cipla Global Supply Chain Head Swapn Malpani said.
The drug firm said it also aims to sca

Cipla introduces drone-powered critical medicine delivery in Himachal Pradesh

Cipla

Ahead of rabi sowing from next month, the Centre on Tuesday said it targets to bring 60 per cent of the total wheat area of 30 million hectare under the climate-resistant varieties amid strong El Nino conditions.
Despite the challenges of climate change, the Union Agriculture Ministry has kept a target of achieving a record wheat output of 114 million tonne in the 2023-24 rabi season against the actual output of 112.74 million tonne in the year-ago period.
Sowing of wheat, the main rabi (winter) crop, begins in October, while harvesting starts in March/April.
Addressing a national conference held to chalk out a strategy for sowing rabi (winter) crops, Agriculture Secretary Manoj Ahuja said: "There are certain changes in climate change, which is affecting agriculture. Our strategy is climate resilient seeds".
Faced with a heatwave in 2021, the government encouraged farmers in 2022 to go for heat-tolerant wheat varieties in 47 per cent of the total wheat acreage of 30 million ...

wheat

A soldier, who a day ago had claimed he was assaulted by six persons near his home in this southern Kerala district and 'PFI' was written on his back, was on Tuesday taken into custody along with his friend for allegedly giving a false statement about the incident, police said.
A senior police officer of the district said that no arrests have been recorded in the case so far and the statements of the soldier -- Shine Kumar -- and his friend were being recorded.
"Further action would be taken after verifying the contents of their statements," the officer said.
He also said that the soldier's friend has claimed that Kumar wanted to become famous and that is why this entire act was carried out.
The officer further said that the soldier was giving various reasons for making such a false statement and they have to be verified.
Police also recovered the green paint, brush and tape allegedly used in the incident from the friend's home.
The soldier's friend told the media that Kumar plan

arrest

In the supplementary chargesheet filed against Pakistani-origin Canadian businessman Tahawwur Rana in the 26/11 Mumbai terror attacks case, the city police have mentioned that he stayed for two days at a hotel in suburban Powai till November 21, 2008, days before the attacks, an official said.
The Mumbai police's crime branch on Monday submitted the over 400-page chargesheet, the fourth in the case so far, before a special court hearing the Unlawful Activities (Prevention) Act (UAPA) cases.
Rana, currently under detention in the United States, faces multiple charges for his role in the Mumbai attacks and is known to be associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 strikes.  The chargesheet mentions that Tahawwur Hussain Rana came to India on November 11, 2008 and stayed in the country till November 21. He spent two of these days at the Renaissance Hotel in Powai, a senior official of the Mumbai police's crime branch said

Tahawwur Rana

The appointment of Scherer, 61, heralds broad continuity inside the main commercial arm, which competes with Boeing and makes up about 70% of the company's revenues

New Airbus A321XLR Photo credit: dreamstime.com

Engineering and construction conglomerate Larsen & Toubro (L&T) on Friday said it has bagged a mega order worth over Rs 7,000 crore to design and construct an underground road tunnel.
The project was won by heavy civil infrastructure business vertical of L&T Construction from Mumbai Metropolitan Region Development Authority (MMRDA).
The contract is for design and construction of an underground road tunnel between Orange Gate, Eastern Free Way to Marine Drive coastal road in Mumbai.
In a statement, the company said that the scope of work for project comprises design and construction of twin road tunnels using tunnel boring machines (TBMs), connecting these tunnels to the existing elevated Eastern Freeway at Orange Gate near its southern terminal through transition ramps and to Marine Drive in Mumbai.
The project is expected to be completed in 54 months.
L&T is a USD 23-billion multinational firm which is engaged in engineering, procurement and construction projects, ...

Larsen & Toubro

(Reuters) -Japan's Sony Group Corp said on Friday a merger of its Indian unit with Zee Entertainment Enterprises, which was due to be completed by end-September, would likely take a few more months.

Incidentally, all three channels belong to the Zee network

Sony, Zee

Hindustan Zinc Ltd said in a statement that it would create different legal entities for its zinc & lead, silver, and recycling businesses

Vedanta's Hindustan Zinc Limited

Logistics firm DHL Express will hike the prices for parcel deliveries by an average of 6.9 per cent in India from next year as part of its annual price adjustment exercise, the company said on Friday.
Prices are adjusted on an annual basis, taking into consideration various factors, including inflation, DHL Express said.
"The average increase in India will be 6.9 per cent and it will take effect on January 1, 2024," the company said, adding that a number of services and surcharges will also be adjusted.
"Overall, the global macroeconomic situation has started to stabilize although uncertainty remains. Through these turbulent times, we deliver stable and reliable services to all our customers globally," said R S Subramanian, senior vice-president for South Asia at DHL Express.
With the annual price adjustment, the company can continue to invest in improved solutions and increase flexibility across our network, among others, he added.
Prices are adjusted on an annual basis by DHL ..

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L&T bags Rs 7,000 crore mega contract for underground road tunnel

Sony India says merger with Zee Ent likely delayed, to take few more months

Hindustan Zinc plans to create separate entities for its commodities

DHL Express to hike prices for parcel deliveries by 6.9% from next year

New Levi's® Campaign "For Now, For A Lifetime" Celebrates Moments of Instincts featuring Deepika Padukone

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Ashwin Dani, credited for success of Asian Paints, passes away at 79

AU SFB to Ujjivan SFB: Where do small finance banks go from here?

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