New Delhi: State-run Power Grid Corporation of India Ltd (PGCIL) on Saturday said it has started work to set up the first electric vehicle charging station in Meghalaya. The company said it has laid down the foundation stone for first ever electric vehicle charging station (EVCS) at its office complex at Lapalang, Shillong on Friday. […]
NEW DELHI: Bulls might be on the rampage on Dalal Street but lofty valuations of the Indian equities present a reason for concern and the markets could perhaps witness up to 10 per cent correction, according to analysts. Benchmark indices have been on a record-breaking rally lately and August witnessed the stock market reaching many […]
NEW DELHI: Gold in the national capital was marginally up by Rs 2 to Rs 46,171 per 10 grams on Friday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,169 per 10 grams. In contrast, silver tumbled Rs 209 to Rs 62,258 per kg, from Rs 62,467 per […]
JAIPUR: Senior Congress leader Rajeev Shukla on Friday criticised the Centre’s asset monetisation plan and accused it of selling properties made with public money at throwaway prices. Finance Minister Nirmala Sitharaman recently unveiled an ambitious Rs 6 lakh crore National Monetisation Pipeline (NMP) scheme that included unlocking value by involving private companies across infrastructure sectors […]
NEW DELHI: Markets regulator Sebi has confirmed earlier directions passed against former CNBC Awaaz anchor Hemant Ghai, his wife and mother, that barred them from the capital markets for indulging in fraudulent trading practices. In an order passed late on Thursday, Sebi said the findings in the order are “prima facie” and that a detailed […]
MUMBAI: The Indian rupee settled with a marginal gain of 4 paise at 73.02 (provisional) against the US dollar on Friday, even as the domestic equities continued their record-setting spree. At the interbank forex market, the local unit opened at 73.05 against the greenback and witnessed an intra-day high of 73.01 and a low of […]
NEW DELHI: The country’s largest car maker Maruti Suzuki India (MSI) on Friday said it is recalling 1,81,754 units of petrol trims of various models, including Ciaz, Vitara Brezza and XL6, to replace faulty motor generator unit. As a responsible corporate, keeping in mind customer safety, the company has announced to proactively undertake a recall […]
MUMBAI: Equity benchmark Sensex surged 277 points to close above the 58,000-mark for the first time on Friday, driven by gains in index major Reliance Industries amid a largely positive trend in global markets and sustained foreign fund inflows. The 30-share Sensex settled 277.41 points or 0.48 per cent up at its lifetime closing high […]
NEW DELHI: A section of employees of SpiceJet went on strike at the Delhi airport Friday morning over issues related to reduced salaries and their irregular disbursement, sources said. The employees, most of whom work at the carrier’s security department, later returned to work following talks with the airline management, they said. When asked about […]
MUMBAI: Private life insurer HDFC Life Insurance Friday said it will acquire Exide Life Insurance from Exide Industries in a deal worth Rs 6,687 crore. The board of directors of HDFC Life Insurance Company (HDFC Life), Exide Industries and Exide Life Insurance Company approved the transaction involving the sale of Exide Life Insurance to HDFC […]