As many as 19 firms, including Reliance Industries Ltd (RIL), Adani Group and Tata have evinced interest for setting up solar manufacturing units under a production linked incentive scheme of the government. In April this year, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules. The scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore.
The new entrants comprise Asian Paints, Britannia, Titan, Nestl, Bajaj Finance and Bajaj Finserv.
Rijiju posted the comment while wishing Olympic-bound shooters a successful trip to Croatia
Coal production by Coal India (CIL) has grown slower than the captive mines, awarded over the last six years. During 2020-22, production from the captive mines jumped by 38.5 per cent while CIL saw a tepid growth of 3.4 per cent, according to government data. In terms of dispatch to the power sector, captive mines have raced ahead, witnessing a growth of 72 per cent compared to 15 per cent for CIL. For the current fiscal year, CIL's production is expected to be around 565 million tonnes.
At a time when the Members of Parliament (MPs) bagged a 300 per cent salary hike, India Inc has taken a pay hike between 50-90 per cent.
All expats in Kuwait must respect Kuwait laws and not take part in any type of demonstrations, said the instructions.
India's largest private port operator Adani Ports and SEZ (APSEZ) Ltd has emerged as the highest bidder for the West Bengal government's greenfield deep-sea port project at Tajpur in a neck-to-neck fight with JSW Group, a source said on Friday. APSEZ and Sajjan Jindal-led JSW Group were the only two entities that took part in the financial bid round, though there were more port and logistics majors who had expressed initial interest in the estimated Rs 7,000-crore project in Purba Medinipur district. "APSEZ is the highest bidder, offering a share of 0.25 per cent of gross revenue. "It was marginally higher than the second bidder who offered 0.23 per cent," a senior government official said, without wanting to be named.
Parth Jindal revealed that their skipper Rishabh Pant wanted to have the pacer in the team.
The Bharatiya Janata Party's action against its two members for their controversial comments against Prophet Mohammed cap a series of statements from its top brass and also Rashtriya Swayamsevak Sangh chief Mohan Bhagwat that sought to distance their organisations from shrill and combative religious rhetoric, even as it has brought to fore the conflict within their wide sphere of support.
Commonwealth Games bronze medallists Ashwini Ponnappa and N Sikki Reddy scored a stunning straight games victory over world No. 18 Li Wenmei and Zheng Yu to make it to the second round in the women's doubles at the US $350,000 India Open, in Delhi, on Tuesday.
The imposition of 15 per cent export duty on steel has suddenly altered the prospects of the sector to negative and led to a big sell-off in steel stocks. Iron ore and pellet exports have to face duties of 45-50 per cent, which means they become uncompetitive. The Ukraine war has led to a supply crunch in global markets and pushed up prices, with Europe, in particular, looking for replacements for Ukrainian and Russian exports.
Bengaluru FC offer to play friendly in Srinagar, Real Kashmir invite them in March
Markets this week would be guided by the ongoing quarterly earnings, macroeconomic data announcement and global trends, analysts said. The government will release industrial production data for June and inflation data for July this week. The RBI has revised its retail inflation forecast to 5.7 per cent, up from the earlier 5.1 per cent due to price pressure on account of supply constraints and high crude oil prices.
The 'buy-now, pay-later' (BNPL) juggernaut continued to roll on during the festive season with multiple players seeing disbursals grow by more than 100 per cent compared to Diwali last year. LazyPay, the BNPL platform of Prosus-owned payments major PayU, witnessed a credit demand increase of 300 per cent over the festive season last year, especially in segments like travel, food & beverages and entertainment. "We also saw an uptick of 70 per cent in user acquisition in the last two months.
A Delhi court on Wednesday sought an action taken report from the Delhi Police on a private complaint filed against Congress leader Rahul Gandhi for allegedly disclosing the identity of a minor rape victim, the lawyer for the complainant said.
...educated people are better decision-makers must be rejected, the CJI said.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Seeking stringent action against the perpetrators of the Pulwama attack, India Inc said 'now we have to make sure that the world knows that they can't mess with us'.
A family man, a confident investor, someone who was sure two decades ago that India and its stock market were going to boom. T N Ninan recalls his chats with Rakesh Jhunjhunwala.
Raw material prices had been on the rise, but since Russia waged war on Ukraine, prices have surged.
"I am an Indian citizen and for me, the Constitution of India is my religious book," Ansari asserted.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
The spokesperson said that Indian ambassador to Qatar Deepak Mittal had a meeting in the foreign office in which concerns were raised with regard to some offensive tweets by individuals in India denigrating the religious personality.
The names of two Indian-Americans -- Seema Verma and Bobby Jindal -- have emerged as possible candidates.
The last such incident that killed senior armed forces personnel occurred on November 22, 1963.
As many as 15 companies, including Adani Copper Tubes, LG Electronics and Wipro Enterprises, with committed investment of Rs 1,368 crore, have been selected as beneficiaries under the PLI scheme for the white goods sector, the government said on Tuesday. In March, the commerce and industry ministry had reopened the application window for its Rs 6,238-crore PLI scheme for white goods -- air-conditioners (ACs) and LED lights-- with an aim to accommodate more players as several firms had expressed interest in the initiative. Last year, as many as 46 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 5,264 crore were selected in the first round the scheme.
Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.
The eastern part of Ukraine has been witnessing intense fighting between Russian and Ukrainian troops.
India's largest cement firm, Ultratech Cement, has joined the race to acquire the Holcim stake in Ambuja Cements and its subsidiary, ACC. UltraTech - part of the Aditya Birla Group - submitted a non-binding bid on Wednesday. Swiss multinational Holcim, which manufactures building material, is exiting India by selling its 63.19% stake in Ambuja Cements. According to banking sources, UltraTech has submitted a plan to Holcim, outlining divestiture details that would meet the norms set by anti-trust body Competition Commission of India.
Former minister of state for coal Dasari Narayan Rao, an accused in Jharkhand's Amarkonda Murgadangal coal block allocation scam case, on Tuesday said that decisions to allocate coal blocks were taken by then Prime Minister Manmohan Singh, who was also heading the coal ministry at that time.
Savitri Jindal has retained the tag of being the richest woman in India with a networth of $5.2 billion
'Malaysia called upon India to work together in ending Islamophobia and cease any provocative acts in the interest of peace and stability.'
Qatar, Iran and Kuwait on Sunday summoned India's Ambassadors and the key Gulf nations expressed their strong protest and condemnation of the controversial remarks of a BJP leader against Prophet Muhammad.
What would an Indian American president of the US look like, sound like and act like, especially on issues and policies pertaining to his or her 'mother-land'?, asks N Sathiya Moorthy.
The four women have a collective wealth of $11.3 billion and account for a little more than three per cent of the total net worth of all on the coveted list whose collective wealth amount to $346 billion.
A group of retired civil servants on Tuesday wrote an open letter to Chief Justice of India N V Ramana seeking intervention by the Supreme Court in the alleged illegal detention, bulldozing of residences and police violence in Uttar Pradesh following protests against certain objectionable remarks made by two now-removed Bharatiya Janata Party functionaries.
The case pertains to alleged irregularities.
Neeraj Chopra will be awarded Rs 1 crore cash grant while his coach Klaus Bartonietz and Physiotherapist Ishaan Marwaha will be awarded Rs 10 lakh each.
A 25-year-old woman was stabbed to death while resisting a chain-snatching bid in northwest Delhi's Adarsh Nagar area, police said on Sunday.
The IPL may have shifted to UAE, but there is no stopping Preity Zinta, who was back in the stands cheering for her team Kings XI Punjab.
