The Indian equity benchmarks staged a bounce back on Wednesday, March 5, after posting their longest losing streak in a decade in the previous session. The surge came on the back of reports of easing trade tensions. The 30-share SENSEX rose as much as 943.87 points to hit an intraday high of 73,933.80 and NIFTY50…
KTM Duke 125 and RC 125 are facing the end of the road in the Indian market from April 2025. KTM Duke 125 and RC 125 are facing the end of the road in the Indian market from April 2025. KTM Duke 125 and KTM RC 125 have been two of the popular high-performance 125…
NEW DELHI: The oil ministry has slapped a demand for $2.8 billion on Mukesh Ambani-led Reliance Industries and its partner BP operating the KG-D6 block off the Andhra coast, even as the consortium prepares to challenge a Delhi high court order upholding the government’s claim in a decade-old battle that has come to be known…
IPO-bound online investment platform Groww has issued compulsorily convertible preference shares as bonus to existing investors, including Peak XV and Ribbit, according to a Competition Commission of India’s notice. According to the notice issued on 3 March, the transaction will also result in collapse of the differential voting rights (DVR) held by Harsh Jain, Lalit…
Honda Cars India Ltd. has reached an important sales milestone with 50,000 ADAS enabled Honda cars now on Indian roads. This achievement underscores HCIL’s commitment to Honda’s global vision of “Safety for Everyone” and its goal to achieve zero traffic collision fatalities involving Honda motorcycles and automobiles by 2050. On this achievement, Mr. Kunal Behl,…
New Delhi: Hero Future Energies Ltd has launched a green hydrogen plant in Tirupati, Andhra Pradesh, that will cater to Rockman Industries, another Hero Group company. The plant, which will blend green hydrogen with piped natural gas (PNG) and liquefied petroleum gas (LPG), was inaugurated by the chief minister N. Chandrababu Naidu. “This plant is…
New Delhi: Stock markets across the globe sank after US President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Trump’s comments made on Monday struck fears of a trade war in North America and sent financial markets reeling. The US stocks tumbled sharply in late afternoon trading,…
Microchip Technology has announced plans to reduce its workforce by approximately 2,000 roles, equating to about nine per cent of its global staff, as part of a strategic restructuring initiative. The move comes in response to weakening demand from the automotive sector, which has been struggling to clear existing semiconductor inventory. The Chandler, Arizona-based chipmaker…
New Delhi, Mar 3 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Monday condoned the delay over a plea to initiate an insolvency petition filed against food & beverage major PepsiCo India Holdings by one of its operational creditors and directed to list for hearings before a bench. The Registrar of the appellate tribunal…
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