BUSINESS

R.P.P Infra Projects Ltd, which is based in Erode, Tamil Nadu, is set to acquire 120 acres of land in proximity to the proposed new Chennai airport at a cost of ₹75 crores. The new airport is coming up at...

One MobiKwik Systems on Wednesday said that it has incorporated MobiKwik Securities Broking Pvt Ltd (MSBPL), that will cater to stock broking and derivatives trading business. The Ministry of Corporate Affairs, Central Processing Centre, approved the incorporation of MSBPL as...

Parliament on Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees, with the Rajya Sabha approving it by a voice vote. Another change in the Bill relates to redefining of...

Ending a long delay, the GE Aerospace on Wednesday announced delivery of the first of 99 F404-IN20 engines to Hindustan Aeronautics Ltd (HAL) to power the Tejas Light Combat Aircraft (LCA) Mk-1A fighter jet. However, the engine, handed over at...

India’s retail sector is projected to surpass $600 billion by 2030, driven by supply and distribution transformation, according to a report by Redseer.Despite this rapid growth, the supply landscape remains highly fragmented and is expected to remain so in the...

Stock markets snapped the seven-day winning run on Wednesday with benchmark Sensex tanking 728 points due to profit-taking in banking and IT shares ahead of monthly expiry of derivatives contracts. The 30-share BSE Sensex declined by 728.69 points or 0.93...

Bharti Airtel (Airtel) and its subsidiary Bharti Hexacom have prepaid additional ₹5,985 crore to the Department of Telecommunications (DoT) thereby fully prepaying the high-cost interest liabilities of 8.65 per cent pertaining to the 2024 auctions.Airtel’s subsidiary Network i2i has also...

India's top carmaker Maruti Suzuki will invest ₹7,410 crores (nearly $864 million) to set up a third manufacturing plant in the northern state of Haryana, it said on Wednesday.The new plant will take the capacity in the region to 750,000...

While countries that are part of the global Financial Action Task Force (FATF) network continue to make their financial systems safe and secure against money laundering and terrorist financing, the policy makers need to be mindful that their measures are...