NCLAT stays insolvency proceedings against Coffee Day Enterprises till next date of hearing
The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates the Cafe Coffee Day chain, till the next date of hearing. The Chennai-based bench of the appellate tribunal stayed the operations of the NCLT order, over a petition filed by...
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Wholesale inflation dips to 2.04 pc in July
14 August 2024 | PTI -
Sensex plunges to 693 on closing, market in the red
14 August 2024 | PTI -
Vodafone Idea, Oil India, five others to be included in MSCI India Index
14 August 2024 | PTI -
Sitharaman: Govt needs money to meet challenges, fund R&D
14 August 2024 | PTI -
Govt needs money to meet challenges, fund R&D, says Sitharaman
13 August 2024 | PTI -
GST Council to meet on Sept 9, to start discussion on rate rationalisation
13 August 2024 | PTI -
Automation Expo to showcase use of AI in manufacturing sectors
13 August 2024 | Pioneer News Service
IIP growth slows to 5-month low of 4.2% in June: Govt data
India’s industrial production slowed to a five-month low of 4.2 per cent in June 2024, mainly due to poor performance of the manufacturing sector, though power and mining sectors continue to perform well, as per official data released on Monday. The factory output growth, measured in terms of the Index of...
Naveen appointed Director (Operations) POWERGRID
Naveen Srivastava has been appointed as Director (Operations) of Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSE under Ministry of Power, Government of India. Prior to his joining as Director (Operations), he worked as Executive Director (NR-III) handling challenging and flagship works & delivered results consistently in dynamic business...
Hindenburg claims baseless, misleading: REITs Association
Indian REITs Association on Monday said that claims made by the US-based short seller Hindenburg Research suggesting that the REIT framework made by markets regulator Sebi serves the interests of a select few are “baseless and misleading”. In fact, the association has commended Sebi and its leadership for crafting a “rigorous...
Rupee falls 2 paise to close at 83.97 against US dollar
The rupee consolidated in a narrow range and settled for the day lower by 2 paise at 83.97 (provisional) against the American currency on Monday, as market participants remained on the sidelines ahead of the release of key domestic macroeconomic data. Forex traders said the Indian rupee declined on a positive...
Govt approves 20% premium for gas from new wells for ONGC
he government has approved a 20 per cent premium over the regulated or APM price for any natural gas that ONGC will produce from new wells, the company said on Monday. Currently, two pricing regimes govern the majority of the domestic production of natural gas, which is used to generate electricity,...
Gold rises Rs 200, silver rallies Rs 1,000 per kilogram
Gold prices rose by Rs 200 to Rs 72,350 per 10 grams while silver prices rallied by Rs 1,000 per kg in the local market here on Monday amid firm global trends. In the previous session, the yellow metal of 99.9 per cent purity had closed lower at Rs 72,150 per...
Major domestic appliances market sees 18% value-based growth in first half of 2024, says report
The market of major domestic appliances saw an 18 per cent value-based growth in the first half of 2024, helped by a strong demand for essential household items, according to a report from GfK. The growth in MDA (major domestic appliances) market was led by Key categories such as air-conditioners...
