NTPC Green Energy Ltd, a wholly owned subsidiary of NTPC Ltd, on Tuesday incorporated a 50:50 joint venture with Maharashtra State Power Generation Company Limited (MAHAGENCO). The new JV MAHAGENCO NTPC Green Energy Pvt Ltd (MNGEPL) will develop, operate and maintain renewable energy park(s) in Maharashtra under the Ultra-Mega Renewable Energy Power Parks(UMREPP) scheme and
Following Mercedes-Benz and BMW, Ducati is the third luxury automotive brand and the first two-wheeler manufacturer to announce a price hike for 2025. The Italian superbike brand will increase prices of selected models and variants in India which will take effect from 1 January 2025. The latest price increment will be applicable on all official
– By Raju Sinha The transformation of technology is on full display in e-commerce. The way in which online shopping logistics is developing is almost spectacular, as developments are happening at a pace, scale, and impact that only a few could have envisioned even 10 years ago. What was once a process that took days
Independent telecom tower companies are expected to spend Rs 21,000 crore over a period between fiscals 2025 and 2026 in order to support the telecom companies in expanding rural networks and also improving service quality in urban areas, stated a report by CRISIL Ratings. Over the past two fiscals, the push for better coverage and
Ratings agency Moody’s said on Tuesday that it had cut the outlook on the ratings of seven Adani entities to ‘negative’ from ‘stable,’ citing the U.S. indictment of Chairman Gautam Adani and others on alleged bribery charges, which could likely weaken the group’s access to funding and increase its capital costs. Moody’s also affirmed the
Tata Motors is going all guns blazing with the expansion of its electric vehicle (EV) portfolio. The company launched two all-new EVs in 2024, Punch.ev and Curvv.ev, both vehicles based on the new Acti.ev modular skateboard architecture which Tata claims to have developed indigenously for its upcoming electric cars. Among the many EVs lined up
PAN 2.0 Project: The Centre has given its approval to a Rs 1,435-crore PAN 2.0 Project in line with the Modi government’s Digital India mission. PAN 2.0 Project is an e-governance project for re-engineering the business processes of taxpayer registration services through technology driven transformation of PAN/TAN services for enhanced digital experience of the taxpayers.
With the end of the fiscal second quarter results season, brokerage firms stated that Q2 corporate earnings scorecard was weak, but excluding commodities, it reported an in-line growth. Consumption, per analysis by Motilal Oswal Financial Services (MOFSL), has emerged as a weak spot, while select segments of BFSI are experiencing asset-quality stress. “Weak government spending
Markets are set for a positive opening today, with early cues from Gift Nifty indicating positive momentum. Global trends, including Wall Street performance and key economic updates, will play a key role in shaping the day’s trading. On March 17, Indian stock markets saw strong gains, with both benchmark indices closing in the green. The
Markets are buzzing with action every day – stocks rising, deals happening, and companies making key announcements. But with so much going on, it is easy to lose track of what really matters. We have got you covered. From massive fundraisings to key approvals and major deals, here are the stocks that will be in
Wall Street ended sharply lower and gold surged to record highs on Tuesday as the U.S. Federal Reserve convened for its two-day monetary policy meeting while economic uncertainty mounted. In the Middle East, a round of Israeli missile attacks on the Gaza Strip killed over 400 people, feeding investor jitters about that region. But other
The Indian equity market has witnessed growing turbulence, with steep fluctuations in benchmark indices and sectoral fluctuations. They include persistent geopolitical uncertainty, rising crude oil prices, heavy selling by FIIs and fear of global recession that have created a questionable investment environment. Given the challenging conditions, some mutual fund managers have taken a cautious approach
The Central Board of Direct Taxes (CBDT) on Tuesday asked stakeholders to continue submitting their suggestions on the new Income Tax Bill, 2025, which will be compiled and sent to a select committee of Parliament for review. In a release, the CBDT said an effort is underway to collect inputs and work on simplification of
