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Stock markets end lower, Sensex drops 388 points, Nifty 50 points
New Delhi, Aug 11: India's stock markets ended lower today as investors booked profits amid a sharp rise in crude oil prices and continued uncertainty over the reopening of the Strait of Hormuz and the prospects of a US-Iran deal.
The…
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Ethanol may be brought as Cooking fuel
New Delhi, Aug 11: Even as controversy rages over mixing of 20% Ethanol in Petrol, the government today said it intends to introduce it as cooking fuel.
The LPG Equipment Research Centre (LERC), a joint undertaking of Indian Oil…
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DPIIT signs pact with Cashfree Payments to support digital infra of StartUps
New Delhi, Aug 11 (BVI) The Department for Promotion of Industry and Internal Trade (DPIIT), an undertaking of the Government of India, has signed a Memorandum of Understanding (MoU) with Cashfree Payments India to strengthen digital…
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Parliament passes Taxation bill which relates to UPI transactions
New Delhi, Aug 10: A bill containing amendments related to the UPI transactions got cleared by Parliament today, with the Rajya Sabha approving it four days after the passage by the Lok Sabha.
The Rajya Sabha approved by a voice vote the…
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Jindal India Power signs pact with SANY Wind Energy for supply of Wind Turbine Generators
New Delhi, Aug 10: Jindal India Power Limited has signed a pact with SANY Wind Energy India Private Limited for supply of 160 MW Wind Turbine Generators (WTGs).
The WTGs will form a key component Jindal India Power Limited’s 150 MW…
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Import sources of LNG and Oil increased by government in view of geopolitical tensions
New Delhi, Aug 10: In the wake of Iran war and the resultant supply disruptions the government of India increased from 6 to 15 the number of countries from where Liquefied Natural Gas (LNG) is sourced.
The countries from where…
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Germany’s Adesso and Hitachi Digital Partner to Push AI Led Enterprise Transformation
New Delhi, Aug 10: German technology consulting and IT services company adesso SE and Hitachi Digital Services have forged a strategic partnership to help global enterprises accelerate digital transformation through artificial intelligence,…
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DGFT Removes Physical Duty Payment Challans for Export Obligation Discharge Certificate Applications
New Delhi, Aug 10: The Directorate General of Foreign Trade (DGFT) has removed the requirement of submitting physical duty payment challans while applying for Export Obligation Discharge Certificates (EODC) under the Advance Authorisation…
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Apple Set to Bring Apple Pay to India This October, UPI Left Out?
New Delhi, August 10: Apple is preparing to roll out its Apple Pay digital wallet service in India by October, marking its entry into the country's premium credit card market and giving the company a cut of transaction revenue, according to…
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Fujiyama Power says it has commissioned 2 GW facility in Madhya Pradesh
New Delhi, Aug 8: Fujiyama Power Systems Limited, provider of rooftop solar solutions, today announced the commissioning of its 2 Giga Watt (GW) power electronics manufacturing facility at Ratlam in Madhya Pradesh.
The newly-commissioned…
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