ONGC opens well in KG field to raise oil production
State-owned Oil and Natural Gas Corporation (ONGC) on Sunday said it has opened another well on its flagship deep-sea project in Krishna Godavari basin in Bay of Bengal, which will help augment production of crude oil and natural gas. In January this year, ONGC had started producing oil, which is converted...
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Major Indian pharma firms to showcase products at exhibition
26 August 2024 | Pioneer News Service -
IOC, BPCL, GAIL fined for 5th straight quarter for not meeting listing norm
26 August 2024 | PTI -
Next round of India-Australia comprehensive trade pact talks in November
26 August 2024 | PTI -
FPIs inject Rs 11,366 cr in debt market in August; inflow tally crosses Rs 1 lakh cr for 2024
26 August 2024 | PTI -
Nine of top 10 valued firms add Rs 95,522 cr to market valuation
26 August 2024 | PTI -
Anil Ambani reviewing SEBI order, to take appropriate steps: Statement
26 August 2024 | PTI -
Macro data, F&O expiry, global cues to chart market direction this week: Analysts
26 August 2024 | PTI
Anil Ambani reviewing Sebi order, to take appropriate steps: Statement
Businessman Anil Ambani is reviewing a Sebi order imposing a fine and banning him from capital markets for five years in an alleged fund diversion case and will take appropriate next steps as legally advised, his spokesperson said in a statement on Sunday. Ambani, the spokesperson in a statement said, had...
Cognizant files lawsuit against Infosys over trade secrets; Infy denies allegations
IT major Cognizant's subsidiary TriZetto has slapped a lawsuit on Infosys in a US federal court, accusing the Bengaluru-headquartered company of stealing trade secrets and information related to healthcare insurance software. Infosys, in a statement, denied all allegations. The company asserted it is aware of the lawsuit and will defend its...
Amazon India announces up to 12% reduction in selling fees ahead of festive season
Amazon India on Saturday announced an up to 12 per cent reduction in selling fees across multiple product categories on the marketplace ahead of the festive season. The reductions in fees, which is effective from September 9, will enable sellers to expand their product portfolio on the platform besides providing a...
Peak power demand to grow by 15GW/year for next 6 years: Govt Official
Power demand in the country will grow at a higher rate of 15GW per annum for next six years compared to 11GW per annum in last one decade, a senior government official said on Friday. By 2030, about 85 GW of additional demand will be added during the solar hours and...
Foxconn infuses Rs 1,200 crore in Karnataka unit
Electronics manufacturing giant Foxconn has infused about Rs 1,200 crore -- approximately USD 144 million -- into its Karnataka-based Foxconn Hon Hai Technology India Mega Development Pvt Ltd, the company said in a recent regulatory filing. The iPhone contract manufacturer's Singapore-based arm Foxconn Singapore Pte has bought over 120.35 crore stocks...
India steel market hit by unfair imports, dumping amid slump in China: Former Steel Secretary
Indian steel market is hit by “unfair imports and dumping” amid a demand slump in China and the government needs to take action in a time-bound manner, former steel secretary Nagendra Nath Sinha has said. “If you take flat steel products, imports are certainly an issue. The slump in the Chinese...
US top trading partner, highest trade deficit with China in January-June 2024: GTRI
The US has emerged as India's top trading partner during January-June this year, while the country has recorded its highest trade deficit of USD 41.6 billion with China during the period, according to think tank GTRI. It also said the country's merchandise exports rose 5.41 per cent to USD 230.51 billion...