Reliance Industries Ltd will give Rs 750 crore (Rs 7.5 billion) discount on LPG and kerosene to public sector petro retailers in 2005-06.
Dr Reddy's Laboratories, the second largest drug maker in the country, would invest about Rs 750 crore.
The equity infusion will happen at Rs 505 a unit, which is a premium of nearly 14 per cent over February 4's close of Rs 444.60.
Prime Minister Manmohan Singh on Saturday announced a Rs 3,750 crore package including a write off of Rs 712 crore overdue interest for drought hit Vidarbha that witnessed a spate of suicides by debt-ridden farmers.
The NBFCs, which filed for ECB in January with the Reserve of India (RBI), include REC (over $500 million), Tata Motors Finance ($200 million), L&T Finance Holdings ($125 million), and Shriram Finance ($750 million), according to the RBI data. A senior executive with State Bank of India (SBI) said overseas borrowing by Indian companies, including highly rated NBFCs, was likely to grow because hedging costs were low and there was a softening bias in global interest rates.
Majority of these constituencies are in Uttar Pradesh and the party that is on the third slot even as the counting is still underway on several seats is the Bahujan Samaj Party, a party neither with the National Democratic Alliance nor the opposition INDIA bloc.
World no. 5 Jiang Zhen Bang and Wei Ya Xin were the first to dazzle as they beat Korea's Kim Won Ho and Jeong Na Eun 21-19, 21-18 in the mixed doubles semifinals at the KD Jadhav Indoor Hall.
The National Testing Agency, under fire over the lapses in the conduct of NEET and UGC-NET, is gearing up to conduct on Sunday a retest for the medical entrance exam for 1,563 candidates who were earlier awarded grace marks to make up for the loss of time at six centres.
The plea challenges the alleged award of grace marks on account of loss of time apparently due to several reasons. The petition is yet to be listed for hearing.
Thrust on infrastructure and capital expenditure is expected to continue in the Union Budget for FY25.
The top court took note of the submissions of some aspirants that a question related to an "atom" and its characteristics had two correct answers and a set of examinees, who gave one particular answer out of the two correct ones, were awarded four marks.
Sun Pharmaceutical Industries reported a 34 per cent year-on-year (Y-o-Y) jump in net profit to Rs 2,654.6 crore in Q4FY24.
Training a person for 16 weeks (4 months) in the US costs something like $50,000 (around Rs 21.25 lakh). However, the education system is much better in the US. So we provide short-term training courses of about 15 days for new recruits there
Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.
'The larger story of systematic destruction, which can and has been quantified, goes mysteriously missing from any political and/or public discourse about the ongoing devastation in the Ghats,' notes Prem Panicker.
Oravel Stays, the parent company behind the travel tech brand Oyo, is eyeing to clock Rs 100 crore in Q4FY24 profit after tax (PAT) and a 20 per cent revenue growth for FY24, according to informed sources. These numbers were part of an internal review meeting between founder Ritesh Agarwal and senior management earlier this week, where he spoke about the company's profitability trajectory and growth in business.
'These include economic prosperity, a promising future for youth, empowerment for women, a thriving society, robust healthcare, quality education, elevated living standards, agricultural prosperity, and robust social security coupled with effective governance.'
High net worth individuals in their mid-40s were the majority of customers opting to purchase the British luxury automobile maker Rolls-Royce's range of cars in India, a company official said. Rolls-Royce Motor Cars on Tuesday launched its latest all-electric - Spectre - priced at a whopping Rs 10 crore (ex-showroom), in Chennai. A 'Chartreuse' (greenish-yellow) colour variant of the Spectre rolled out of the podium at an event marking the formal launch of the brand in the South Indian market showcased for aspiring customers and dealers.
Siemens delivered a strong margin performance and also reported high other income to beat consensus in the January-March quarter (Q2) of FY24 (the company's year-end is September 30). In addition, it has opted to demerge the energy vertical with a 1:1 award of shares in the newly demerged entity which will be listed by the end of this year (CY25).
Star Indian shuttlers Satwiksairaj Rankireddy and Chirag Shetty fought valiantly before going down to the Chinese duo of Liang Wei Keng and Wang Chang in an exciting men's doubles final of the China Masters Super 750 tournament
He was clearly disappointed to miss out the Indian Open title, but star Indian shuttler Satwiksairaj Rankireddy on Sunday said "losing is better than winning always" and hoped the defeat in the final will spur him and his doubles partner Chirag Shetty to win a bigger crown in coming days.
Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.
Food delivery major Zomato has received a Rs 401.7 crore show cause notice from the Directorate General of GST Intelligence (DGGI) over 'unpaid taxes' on delivery charges collected from customers, the company said in a regulatory filing late on Wednesday. The company claimed that it is not liable to pay the penalty for the period from October 29, 2019, to March 31, 2022, as the amount collected from customers is "on behalf of the delivery partners during the referred period."
'I do not think the scam is limited to 1,563 students. The number is too low to have caused such an inflation in the marks'
It's the highest that a Mission: Impossible film has done in India.
Its 11MFY24 production is around 40.2 mt. In FY25, it could hit 50 mt and it may reach 55 mt by FY26. The PSU has capex plans for multiple projects, which should improve the product mix and augment capacity to 100 mt for FY30.
The Reserve Bank of India (RBI) on Monday did a four-day variable rate reverse repo (VRRR) auction to reduce liquidity in the banking system as the overnight money market rates fell below the repo rate, said market participants. The repo rate is 6.50 per cent. Banks parked Rs 18,750 crore at the auction against a notified amount of Rs 50,000 crore at a weighted average rate of 6.49 per cent.
Lakshya Sen is aware that his Olympic qualification is still in choppy waters but said he has been working on his "variations" and "deceptions" during the off-season to regain his world's top-10 position and seal his Paris Games berth.
Amidst a severe water crisis, the Karnataka Water Supply and Sewerage Board banned the usage of drinking water for car washing, gardening, construction, water fountains and road construction and maintenance. It also imposed a fine of Rs 5,000, if the order is violated.
Bangladesh all-rounder Nasir Hossain was on Tuesday banned from all cricket for two years, with six months of that suspended, after he accepted three charges of breaching the Emirates Cricket Board's Anti-Corruption Code.
In a scathing attack on Prime Minister Narendra Modi, former prime minister Manmohan Singh on Thursday accused him of lowering the dignity of public discourse and the gravity of the office of the PM by giving "hateful speeches" during the poll campaign.
Smaller than a grain of sea salt and narrow enough to pass through the eye of a needle, a bag so small you need a microscope to see it.
Technical analyst S L Joshi tracks the Indian markets using the Elliott Wave Theory
Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.
India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
Satwiksairaj and Chirag won 21-17, 21-11.
At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fifth-largest domestically.
