Jio starts 5G services across all district headquarters in Gujarat

Jio starts 5G services across all district headquarters in Gujarat

Friday, 25 November 2022 | PTI | New Delhi

Telecom major Jio has rolled out 5G service across all 33 district headquarters of Gujarat under its trial phase, the company said on Friday. This makes Gujarat the first state to get 5G service across all district headquarters and it is also the biggest roll-out of the next generation service till...

Coal demand in India yet to reach its peak: Pralhad Joshi

Coal demand in India yet to reach its peak: Pralhad Joshi

Thursday, 10 November 2022 | PTI | New Delhi

The Centre on Wednesday said that the demand for coal in India is still to reach its peak and the dry fuel will continue to play a key role in the energy mix till 2040 and beyond. Therefore, shift from coal will not happen in foreseeable future in the country, according...

Gold falls Rs 141; silver climbs Rs 132

Thursday, 10 November 2022 | PTI | New Delhi

Gold price in the national capital fell Rs 141 to Rs 51,747 per 10 grams on Wednesday amid rupee appreciation, according to HDFC Securities. In the previous trade, the yellow metal had settled at Rs 51,888 per 10 grams.  Silver, however, climbed Rs 132 to Rs 62,400 per kilogram.  The rupee appreciated 50...

LIC shareholding in Divis Lab crosses 5 per cent

Thursday, 10 November 2022 | PTI | New Delhi

Life Insurance Corporation of India (LIC) on Wednesday said its shareholding in Divis Laboratories has crossed 5 per cent as it has purchased additional shares for Rs 35.82 crore. LIC said its shareholding in Divis Laboratories has increased from 4.992 per cent to 5.032 per cent as the number of shares...

Bajaj Consumer Care Q2 net profit dips 32% to `32 crore

Thursday, 10 November 2022 | PTI | New Delhi

FMCG firm Bajaj Consumer Care Ltd on Wednesday reported a decline of 31.93 per cent in its consolidated net profit at Rs 31.65 crore for the second quarter ended September. The company had reported a net profit of Rs 46.50 crore in the July-September quarter a year ago, said Bajaj Consumer...

DAMEPL issue: Delhi Govt, Centre, DMRC meet today

Thursday, 10 November 2022 | PTI | New Delhi

A meeting among senior officials of Delhi government, the Centre, Delhi Metro Rail Corporation (DMRC) and leading banks is slated to be held on Thursday, to discuss modalities on payment of the balance arbitral award to the Reliance Infrastructure-owned Delhi Airport Metro Express Private Limited. The managing director and director (finance)...

DGFT notifies norms for export incentives on rupee receipts

Thursday, 10 November 2022 | PTI | New Delhi

The Directorate General of Foreign Trade (DGFT) on Wednesday notified norms for permitting exporters to avail incentives under the foreign trade policy, even on realisation in rupee. The DGFT, under the commerce ministry, has already allowed invoicing, payment and settlement of exports and imports in Indian rupee, a move aimed at...

Adani Ports acquires 49.38% stake in Indian Oiltanking for `1,050 crore

Thursday, 10 November 2022 | PTI | New Delhi

Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said that it has acquired 49.38 per cent stake in Indian Oiltanking Ltd -- developer and operator of liquid storage facilities — for Rs 1,050 crore. APSEZ in a statement said this agreement also includes acquisition of an additional 10 per...

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