NEWS

India’s industrial production grew at a slower pace of 4.9% in March

India’s industrial production grew at a slower pace of 4.9% in March

11 May 2024

Industrial production in India slowed marginally to 4.9 per cent in March 2024 this year as compared to 5.7 per cent in February this year

OMCs' FY24 combined profit rises over 25-fold to Rs86,000 cr

OMCs' FY24 combined profit rises over 25-fold to Rs86,000 cr

11 May 2024

India’s state-owned oil marketing companies (OMCs) have reported a 25-fold increase in their combined profit, at Rs86,000 crore, for the financial year 2023-24

BHP proposes mining consolidation with Anglo American

BHP proposes mining consolidation with Anglo American

11 May 2024

Australian mining giant Broken Hill Proprietary Company Limited (BHP) has proposed to take over smaller peer Anglo American in an all-share deal that values the company at $38.9 billion

LyondellBasell weighs divestment of European business

LyondellBasell weighs divestment of European business

10 May 2024

Petrochemicals giant LyondellBasell is moving ahead with plans to divest its vast petrochemicals business in Europe, as part of the company’s plan to divest non-core assets.

IREDA sets up subsidiary in GIFT City

IREDA sets up subsidiary in GIFT City

10 May 2024

Indian Renewable Energy Development Agency Ltd (IREDA), the country’s largest lender for renewable energy projects, has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC), in GIFT City, Gujarat.

Shell to sell Singapore refining and petrochem assets to Chandra Asri-Glencore joint venture

Shell to sell Singapore refining and petrochem assets to Chandra Asri-Glencore joint venture

10 May 2024

British multinational oil and gas company Shell Plc on Wednesday said it has agreed to sell its entire stake in Singapore refinery and petrochemicals business to a joint venture between Indonesian

Microsoft, Google challenge Delhi HC order to remove non-consensual content

Microsoft, Google challenge Delhi HC order to remove non-consensual content

09 May 2024

Aggrieved by a single-judge order to remove all non-consensual intimate images (NCII) from the internet irrespective of whether such images have been challenged by parties concerned, Microsoft and Google

RBI lifts ban on Bank of Baroda onboarding customers in its mobile app

RBI lifts ban on Bank of Baroda onboarding customers in its mobile app

09 May 2024

Reserve Bank of India (RBI) has reviewed its 10 October 2023 decision to suspend onboarding of customers by Bank of Baroda’s mobile application `BoB World’

Govt moves to build capacity for design, entrepreneurship and medical technology

08 May 2024

Government of India today launched two separate programmes for building human capital – a design and entrepreneurship programme in collaboration with industry and higher educational institutions and another aimed at bolstering the burgeoning medical technology sector.

BSNL to launch 4G services across India in August

BSNL to launch 4G services across India in August

08 May 2024

State-owned telecom company Bharat Sanchar Nigam Limited (BSNL) will be rolling out 4G services across the country from August

AstraZeneca starts global recall of its controversial Covid 19 vaccine

AstraZeneca starts global recall of its controversial Covid 19 vaccine

08 May 2024

Days after admitting that its Covid 19 vaccine could cause blood clot in some people, British-Swedish pharmaceutical company AstraZeneca

REC gets RBI nod to set up subsidiary in GIFT City

REC gets RBI nod to set up subsidiary in GIFT City

07 May 2024

REC Limited, a Maharatna central public sector enterprise and a leading NBFC providing finance to the power sector, has received a ‘No Objection Certificate’ from the Reserve Bank of India (RBI)