Rich flow of funds has made Dharmaj one of the richest and most literate villages not only in the state but across the country
State-run National Thermal Power Corporation on Friday said it will borrow Rs 1,000 crore (Rs 10 billion) from Life Insurance Corporation during the fourth quarter of the current fiscal to fund its capital expenditure requirements.
Consumer goods major Hindustan Lever Ltd said on Friday that each of its mega brands is capable of generating a sale of Rs 1,000 crore (Rs 10 billion) in the foreseeable future.
Once the courts are computerised, an e-governance committee, to be set up in the Supreme Court will control it.
Earlier, an inter-ministerial group used to take these decisions.
Defence Minister Rajnath Singh lauds the armed forces' restrained response during Operation Sindoor after the Pahalgam terror attack, highlighting coordination and improved connectivity in border areas.
Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.
According to market experts, the proposed buy-back may have a positive impact on the company's stock price.
Himachal Pradesh Chief Minister Virbhadra Singh on Friday met Prime Minister Manmohan Singh and sought an immediate relief of Rs 1,000 crore for restoration works in the flood-affected areas of the state.
ITC Hotels on Friday reported nearly 74 per cent rise in consolidated net profit for the second quarter ended September at Rs 133.29 crore, on higher revenue from operations. The company, which listed on the stock exchanges earlier this year post its demerger from ITC Limited, had posted a net profit of Rs 76.63 crore a year ago.
Taj Group of Hotels will invest about Rs 1,000 crore (Rs 10 billion) for building four hotels in Bangalore.
Markets regulator Sebi board on Wednesday approved a series of measures aimed at improving investor convenience, easing compliance norms, and deepening participation in the capital and debt markets.
They Call Him OG topped the gross domestic box office collection with Rs 224 crore (Rs 2.24 billion).
Japanese digital imaging company Canon plans to expand its research and development base in India to serve global market besides, targeting a turnover of Rs 1,000 crore (Rs 10 billion) by 2009 in the country.Canon India, which has a software development centre in Noida with 40 staffers and about 150 people on contract basis, is now looking at taking bigger projects from its parent company and increasing headcount in the coming years.
Addressing an event after launching the service, Shah said the rival ride-hailing platforms have reduced commission and are offering many other incentives, including free rides to customers, seeing the success of Bharat Taxi during the pilot operation.
Jammu and Kashmir Bank plans to invest Rs 1,000 crore (Rs 10 billion) in infrastructure projects in the state over the next 2-3 years, while targeting a net profit of over Rs 500 crore (Rs 5 billion) by 2004-05.
While the manufacturing facility would be located in the Jawahar Pharma City, a pharma special economic zone near Visakhapatnam, the R&D facility would be set up in the phase 3 biotech park near Hyderabad.
Rating agency Crisil on Monday said banking system can increase their funding capacity to the infrastructure sector by Rs 1,00,000 crore (Rs 1000 billion) over the next four years, without impacting their asset-liability profiles.
Net inflows into equity mutual funds (MFs) moderated for the second straight month in September, declining 9 per cent during the month to Rs 30,422 crore. The slowdown came as redemptions from active equity schemes rose 30 per cent month-on-month (M-o-M) to a one-year high of around Rs 36,000 crore.
Centre is to allocate Rs 1,000 crore for Tamil Nadu from the Pradhan Mantri Gramin Sadak Yojana to lay roads in interiors of more than 1,000 kms connecting villages to main towns.
You don't need a six-figure salary to build wealth -- you need discipline and a smart plan, says Ramalingam Kalirajan. and shows you how
The sources said that Chaitnaya Baghel was arrested under section 19 of the anti-money laundering as he was allegedly not cooperating during the searches that came about following receipt of fresh evidence in the case.
Hiranandani Group's real estate investment firm, Hirco Plc on Thursday announced it will invest over Rs 1,000 crore (28.4 million pounds) in a commercial township development project near Mumbai.
The Tata group has earmarked about Rs 1,000 crore (Rs 10 billion) for investment over the next four years in Advinus Therapeutics, a joint venture floated by it and ex-Ranbaxy research head Rashmi Barbhaiya.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
The scam has offered Lalu Prasad an opportunity to point fingers at Nitish Kumar and Sushil Kumar Modi.
Tamil Nadu Chief Minister J Jayalalithaa on Thursday demanded that Union Fertiliser Minister and Dravida Munnetra Kazhagam nominee M K Alagiri should be sacked in connection with the alleged fertiliser subsidy scam.
R-Infra quoted Rs 42-crore (Rs 420-million) premium over the bids of rival companies such as GVK Power and Infrastructure Limited, GMR Infrastructure, B Sennaih and C&C, JMC Srei and Sadhbhav, sources told Business Standard.
The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
At present, workers whose basic wage at the time of joining is up to Rs 6,500 per month.
Mukesh Ambani has reclaimed his position as the richest Indian, overtaking Gautam Adani, according to the M3M Hurun India Rich List 2025 released on Wednesday. With a wealth of Rs. 9.55 lakh crore ($105 billion), the 68-year-old Reliance chairman returned to the top spot, while Adani, 63, and his family followed closely with Rs. 8.15 lakh crore.
Ravi Kaushik has sold 70,000 units of air filters through his start-up Airth and aims to sell 10 lakh units in the next five years.
Mahindra & Mahindra is planning to invest Rs 1,000 crore on capacity expansion in the next three years, and was also planning to set up assembly units in Russia and Malaysia, according to Pawan Goenka, president (automotive sector) of M&M.
Diversified conglomerate Future Group's e-commerce venture, futurebazaar.com, has revamped its online business portfolio and expects an around Rs 1,000 crore (Rs 10 billion) revenue over the next 18-24-months, a top company official said.
Charter operators might have to cough up Rs 1,000-Rs 1,200 crore (Rs 10-12 billion) as taxes and penalty for aircraft that they have imported under the Non-Scheduled Operators Permit (NSOP) even though they are being put on personal use.
After an aerial survey of the flood-hit areas, Prime Minister Narendra Modi on Thursday announced an immediate release of Rs 1,000 crore for relief and rehabilitation works in Tamil Nadu.
