Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.
Rahul Bhatia, a promoter of the company, has been appointed as the interim CEO.
Madhya Pradesh's Aditya Joshi has become the first male junior badminton player from India to be ranked world No 1. Harshal Dani is another Indian who, at No 8, figures in the top ten of the junior rankings.
The bench said, "He is an Army officer not an ordinary criminal. You have to see the matter in a holistic way".
A voter turnout of 60.19 per cent was recorded till 5 pm in the third phase of Lok Sabha elections in 93 constituencies spread over 11 states and Union Territories on Tuesday with sporadic incidents of violence in West Bengal.
Saurashtra's veteran left-arm spinner Dharmendrasinh Jadeja bagged his 22nd five-wicket haul as the defending champions scored an innings and 243-run victory against Manipur to move into the Ranji Trophy quarterfinals from Group A in Rajkot on Sunday.
Bhuvneshwar Kumar blew away Bengal top-order in an incredible five-wicket haul
The first Indian to win an international race at the Buddh International Circuit in Noida.
Shiv Sena supremo Bal Thackeray on Sunday night launched his grandson Aditya into politics anointing him as the head of its youth wing at a Dussehra rally, which also witnessed three generations of Thackerays sharing the podium.
RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.
Indian Space Research Organisation (ISRO) will conduct three more test vehicle missions under the ambitious Gaganyaan programme after the maiden TV-D1 test flight, which is scheduled on October 21, the space agency's chairman S Somanath has said.
Telecoms investor Aditya Birla Nuvo Ltd and retailer Future Group were among the first big names to apply for licenses to run so-called payments banks
Alia Bhatt is all set to become the first woman to headline a film in Yash Raj Film's spy universe.
Future Gaming of lottery king Santiago Martin was the biggest purchaser of electoral bonds at Rs 1,368 crore, of which nearly 37 percent went to the DMK.
The Aditya Birla Group mayrestructure plan to bring all its retail verticals under Pantaloon Fashion & Retail.
Veteran batter Cheteshwar Pujara slammed his second hundred of the ongoing Ranji Trophy season, guiding Saurashtra to a comfortable 242 for four against Rajasthan on the opening day of their Group A match, in Jaipur on Friday.
How did the Rani-Aditya romance play out? We try to fit in the pieces.
Steel giant ArcelorMittal's chief financial officer Aditya Mittal is ranked fourth in the Fortune magazine's list of 40 rising business stars under 40.
After the historic success of its Chandrayaan-3 lunar mission, Indian Space Research Organisation (ISRO) is going full throttle with its plans to send Indian astronauts for the first time to the Moon by 2040, ISRO Chairman S Somanath said.
Mumbai's slender first-innings lead against Baroda propelled them into the semi-finals of the Ranji Trophy.
The win propelled India to the second position in Pool C, enough to earn them a last eight berth.
Shares of paint companies faced pressure, falling up to 5 per cent on the BSE in Monday's (February 26) intraday trade amid concerns that Grasim Industries' entry into the paint sector will intensify the competition. Asian Paints reached a 10-month low of Rs 2,850, slipping nearly 5 per cent after brokerage firm CLSA downgraded the stock following the Birla Opus launch. The paint maker's stock traded at its lowest level since April 28, 2023.
Rifleman Aurangzeb, who belonged to the 44 Rashtriya Rifles, was on way back home on June 14 to celebrate Eid when terrorists abducted him.
Mumbai were ahead by 257 runs in the first innings after Musheer Khan struck an unbeaten 203, with Baroda reaching 127/2 in reply by the close of play on day two
IMAGES from the Ranji Trophy final played between Mumbai and Vidarbha at the Wankhede Stadium in Mumbai on Sunday.
Shah Rukh will play his character from Siddharth Anand's Pathaan, while Hrithik Roshan plays Kabir from Siddharth Anand's War.
Modi gave these directions during a meeting to review the preparedness of the Gaganyaan mission and the first demonstration flight of the crew escape system test vehicle scheduled for October 21.
The Dadasaheb Phalke International Film Festival Awards were held at Mumbai's Taj Lands End hotel on February 20.
After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
Wankhede, a 2008-batch Indian Revenue Service (IRS) officer of the Customs and Indirect Taxes cadre, has moved the Bombay High Court seeking protection from any coercive action by the anti-money laundering agency.
Indian colts' victory was backed by a grand show of character to hold off pressure from the Dutch side, and the cynosure of India's defence was Rohit who was hard to breach -- he blocked away six successive penalty corners in the final quarter ensuring India emerge victorious. He was awarded player of the match for his efforts.
It will also close 30 unviable stores. The company's move comes after its net loss widened to Rs 141.2 crore in the March-ended quarter, owing to mounting losses in apparels. The loss was Rs 82.2 crore in the apparel business, against a loss of Rs 4.44 crore in the corresponding quarter of the previous financial year.
According to two independent sources in the know, the group is exploring the possibility of tapping private equity investors for a significant minority stake in the company or may even exit the business, provided it gets a significant exit premium.
A round-up of the Ranji Trophy quarter-final matches played on Sunday.
Diversified conglomerate Aditya Birla Nuvo will acquire 56 per cent stake in retail broking firm Apollo Sindhoori Capital Investments for a consideration of Rs 198.8 crore (Rs 1.988 billion), a move that will strengthen the financial services segment of the group.
Aditya Raj Kapoor talks about his father Shammi Kapoor.
Sooraj Barjatya organised a special screening of his son Avnish's directorial debut venture Dono, which also launches the careers of Sunny Deol's son Rajveer and Poonam Dhillon's daughter Paloma.
While India's active case count is more than five lakh besides over 36,000 fatalities, Aditya Verma still insisted that creating a bio-bubble in a city like Mumbai will be far more easier than having three separate zones in three UAE cities.
Singh also said a final decision on the launch of India's sun mission 'Aditya-L1', scheduled for September 2 at present, will rest on the prevailing cosmic aspects.
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