NEWS
Trai recommends framework for new National Broadcasting Policy
21 Jun 2024
Telecom Regulatory Authority of India (Trai) on Thursday released its recommendations on the necessary inputs needed for the formulation of a revised `National Broadcasting Policy’
Global investment flows down more than 10% in 2023 UNCTAD
21 Jun 2024
Global investment flows declined by 10 per cent in 2023, even as global foreign direct investment (FDI) decreased by 2 per cent to $1.3 trillion
India’s seafood exports hit record 1.78 million tonnes, realisation down at $7.38 bn
20 Jun 2024
India exported 1.78 million tonnes of marine products valued at Rs60,524 crore ($7.38 billion) during the 2023-24 financial year, setting a record for the volume of seafood exports.
Axis Bank invests additional Rs336-cr in Max Life, raises stake to 19.99%
20 Jun 2024
Axis Bank, India’s third-largest private sector lender, has acquired additional equity shares of Max Life Insurance Company worth Rs336 crore
Spain's BBVA expanding digital banking business to Germany
20 Jun 2024
BBVA, Spain's second largest bank after Santander, which successfully rolled out its digital banking services in Italy, is planning to extend its digital services to Germany as well.
HAL gets Rs50,000-cr defence ministry order for 156 Light Combat Helicopters
19 Jun 2024
Ministry of defence has issued a Request for Proposal (RFP) to Hindustan Aeronautics Ltd (HAL) for the purchase of 156 Light Combat Helicopters (LCH), estimated to cost around Rs50,000 crore.
CMA CGM launches new service connecting Indian subcontinent and US East Coast
18 Jun 2024
French shipping and logistics company CMA CGM on Monday announced the launch Indamex, a renewed shipping service to cater to the rising demand between Indian subcontinent and the US East Coast.
Elon Musk gets another India shock, from satellite internet
18 Jun 2024
Tesla CEO Elon Musk seems to be losing out on his plans to launch satellite-based internet services in India with major Indian telecom operators Reliance Jio and Bharti Airtel
SBI to raise $3 billion in overseas debt
17 Jun 2024
State Bank of India (SBI), the country’s largest lender, plans to raise around $3 billion in overseas debt in the current financial year, to finance its lending programme.
GAIL to invest Rs60,000 cr for setting up a 1,500-KTA ethane cracker in MP
17 Jun 2024
GAIL (India) Limited plans to invest around Rs60,000 crore to set up a 1,500 KTA ethane cracker, perhaps the largest in India, at Ashta in Sehore district of Madhya Pradesh.
Ola Electric to raise Rs7,250 crore through IPO
17 Jun 2024
Ola Electric has received approval from the Securities and Exchange Board of India (Sebi) for a Rs7,250 crore initial public offer (IPO) – both through fresh issue of Rs5,500 crore
Ministry of textiles approves Startups scheme for technical textiles
17 Jun 2024
The union ministry of textiles has approved a scheme of financial support for startups in technical textiles by promoting innovation and transformative development in order to make the industry sustainable.
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