Coal production jumps 32 per cent in FY24-25
The coal production from both captive and commercial coal blocks rose by 32 per cent to 79.72 Million Tonne (MT) in the April-September period of the ongoing fiscal. The coal output from both captive and commercial coal blocks was 60.52 MT in the first half of the previous fiscal. The coal dispatch...
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Goyal seeks US investments for Indian manufacturing
04 October 2024 | PTI -
Mahindra Thar ROXX sees 1.76 lakh bookings in 60 minutes
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SEBI lowers InvIT trading lot to ` 25 lakh
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Kia launches two new MPV
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Samsung workers protest continues to 4th week
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Stock brokers to offer UPI-based fund blocking account to investors
Starting February 1, qualified stock brokers will have to either offer the facility of trading in the secondary market using the UPI-based block mechanism to their clients, similar to the ASBA facility, or a three-in-one trading account facility, a move that will empower investors. Qualified Stock Brokers (QSBs) must offer one...
BBF appoints Anup Gupta as chairman
Bombay Stock Exchange Brokers' Forum (BBF) on Wednesday said it has appointed Anup Gupta as the chairman, succeeding Kishor Kansagra. The appointment has been effected from September 30, the Forum said in a statement. Gupta, who is a director of Sykes & Ray Equities (I) Ltd, brings extensive financial expertise, including...
Air India to use 'AI2' prefix for Vistara flights post-merger
Air India on Wednesday said flights operated with Vistara aircraft will have numbers starting with the prefix 'AI2' after the merger next month while Vistara's planes, crew and service will continue to operate as before. The Tata Group-owned full service carrier also emphasised that the Vistara experience will remain post merger. The...
Royal Enfield’s sales rise
Motorcycle maker Royal Enfield on Wednesday said its total wholesales increased 11 per cent year-on-year to 86,978 units in September. The company had dispatched 78,580 units in September 2023. In the domestic market, dispatches increased 7 per cent year on year to 79,326 units from 74,261 units in the year-ago period, Royal...
Coal India plans to lease old washeries
State-owned Coal India Ltd is exploring options to monetise its four old washeries by leasing out those assets and plans to bundle lease contracts with long-term coal supply agreements. The move aims at optimising asset utilisation. "We are exploring the monetisation of four old washeries," Coal India Ltd (CIL) said in a...
SBI plans 600 new branches nationwide during FY25
State Bank of India (SBI) is planning to open 600 branches across the country in the current financial year in a bid to tap business opportunities in emerging areas including large residential townships. "We have strong branch expansion plans...This would be mainly focused on emerging areas. A lot of residential colonies...
Conflict in West Asia threatens Indian exports
The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which...
