Sumitomo Corporation Group has acquired a prime land parcel of nearly 2 acres in Mumbai's Worli from Bombay Dyeing & Manufacturing Company for Rs 440 crore. This deal is part of a larger agreement to acquire 22 acres in Worli for Rs 5,200 crore. The transaction was completed in two phases.
Electric vehicle sales in India are projected to reach 10 million units by 2030, creating 5 million jobs, according to Union Minister Nitin Gadkari. The market potential is expected to touch Rs 20 lakh crore, with the EV finance market growing to Rs 4 lakh crore. Battery costs are likely to decrease, boosting affordability and adoption.
Hindustan Zinc Ltd has supplied zinc for India's heaviest transmission steel pole structure, weighing over 200 metric tonnes. The 400 kV dual pole structure, standing approximately 57 meters tall, is part of the Pinnapuram Integrated Renewable Energy with Storage Project in Andhra Pradesh. The galvanization process used Hindustan Zinc's high-grade zinc ingots.
Ahead of the 2024 presidential debate, a recent poll finds Donald Trump ahead of Kamala Harris in two crucial swing states.
Artificial intelligence has become a significant part of our everyday lives. Here are some ways in which it makes living a little less complicated.
Long unwinding involves selling long-held positions or stocks, either to realize profits or to exit in anticipation of a potential decline. On Tuesday, five stocks experienced long unwinding.
Air India Express plans to remove business class seats from its aircraft by 2025 as it completes its merger with AIX Connect. The airline currently operates a fleet of 85 planes, expected to grow to around 100 by year-end. This change aligns with the carrier's operational model amid increasing air traffic demand.
Gold prices rallied by Rs 600 to Rs 74,100 per 10 grams in the national capital on Tuesday on the back of fresh buying from jewellers. In the previous session, the precious metal of 99.9 per cent purity had closed at Rs 73,500 per 10 grams on Monday.
Taylor Swift's progressive fan following is divided over her affiliation with a Trump supporter and her lack of endorsement of Kamala Harris for the 2024 elections. Swift is silent despite her prior political activity, which encourages some followers to take independent action.
Honda Motorcycle & Scooter India plans to enter the electric vehicle market this fiscal year, aiming for one-third of its sales to come from EVs by 2030. The company is developing the EV model with Honda teams and will adjust production capacity accordingly. Sales expectations for the festive season are high, potentially marking a strong year for the two-wheeler industry.
OPEC has reduced its forecast for global oil demand growth in 2024, now expecting a rise of 2.03 million barrels per day, down from 2.11 million bpd predicted last month. The group also lowered its 2025 estimate to 1.74 million bpd. Factors include China's economic conditions and the transition to cleaner fuels.
Ventive Hospitality, a joint venture between Blackstone Group and Panchshil Realty, on Tuesday filed preliminary papers with capital markets regulator Sebi to raise Rs 2,000 crore through an initial public offering (IPO).
India's para athletes have made the nation proud at the Paris Paralympic Games, winning a total of 29 medals, including seven gold. The achievements reflect the combined efforts of athletes, coaches, and support staff. The event saw record-breaking performances and notable contributions from female athletes, marking a significant milestone in India's para sports journey.
Prime Minister Narendra Modi urged the automotive industry to adopt global best practices and focus on green and clean mobility. Addressing the Society of Indian Automobile Manufacturers' annual convention, he emphasized the sector's role in driving economic growth and highlighted India's investment in future-ready infrastructure to ensure shared benefits of growth.
Chia seeds, though nutritious, can cause digestive issues, lower blood pressure, blood thinning, allergic reactions, choking risks, and unintended weight gain if overconsumed.
Investors want the Indian federal government to sell more short-term and green bonds while resuming floating rate bond auctions, six bankers said on Tuesday.
HDFC Life, SBI Life, Bajaj Finserv, Shriram Finance and Bajaj Finance were among the top losers on NSE in today's trade.
Are you eager to take a break from your bustling city life of rigorous 9-to-5 hustle? These mountainous destinations could help you.
Founded in 2019 by Aditi Murarka Agrawal and Anurag Agrawal, Nestasia is a home decor and lifestyle brand. It will use the fresh capital to expand its offline footprint, launch new categories and grow the team strength.
The Financial Action Task Force (FATF) will release a report on September 19 highlighting India's efforts in countering terror financing and money laundering. India has received the highest rating in 37 out of 40 parameters and is placed in the 'regular follow-up' category. The report will also identify areas needing improvement, such as prosecution delays and supervision of non-financial sectors.
The Nifty Auto index closed 0.24 per cent up at 25556.45.
The long-standing legal dispute between Wadia Group Chairman Nusli Wadia and Aditya Birla Group has concluded. Century Textiles and Industries, a subsidiary of the Aditya Birla Group, acquired ownership rights to a 10-acre leasehold land in Mumbai's Worli locality for Rs 1,100 crore. The land will be developed by Birla Estates.