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Global Ratings Agency Fitch Lowers India’s FY27 Growth Forecast To 6.4%
New Delhi, June 9: India's Gross Domestic Product (GDP) for the current financial year is likely to be 6.4%, against 6.7% expected earlier, according to global ratings agency Fitch.
Fitch lowered India's economic growth forecast, citing…
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Kumar Shanker takes over as Managing Director of Indraprastha Gas Limited
New Delhi, June 9: Kumar Shanker, is the new Managing Director of Indraprastha Gas Ltd. (IGL), moving from the same post he held in Maharashtra Natural Gas Ltd. (MNGL) in Pune.
Shanker has taken over the reins of IGL from Kamal Kishore…
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Yogi wants UP to be hub of AI-led digital infra, sets 2 GW target of new data centre capacity
Lucknow, June 9: Uttar Pradesh Chief Minister Yogi Adityanath seeks to position the state as a national hub for artificial intelligence-led digital infrastructure and has set a target to add more than 2 gigawatts (GW) of new data centre…
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HDLC Life Insurance acquires shares worth Rs 153 crore in Motilal Oswal Financial Services
New Delhi, June 9: HDFC Life Insurance Company has acquired shares worth Rs 153 crore in Motilal Oswal Financial Services..
According to block deal data, HDFC Life purchased 18.2 lakh shares, representing 0.3 per cent of Motilal Oswal…
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Govt to sell up to 3% stake in NLC Limited company
New Delhi, June 9: The Central Government has announced an Offer For Sale (OFS) of up to 3 percent equity in State-owned NLC India Ltd, with a floor price of Rs 303 per share.
The OFS comprises a base offer of 2 per cent equity and a…
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Grasim announces Rs 3,094 crore investment in Lyocell Project in Karnataka
Mumbai, June 9: Grasim Industries Limited, the flagship company of the Aditya Birla Group, today announced an investment of ₹3,094 crore for Phase II Lyocell capacity of 110K TPA at Harihar in Karnataka.
This expansion will consist of 2…
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Adani Energy Solutions to acquire IntelliSmart smart meter Provider
Ahmedabad, June 9: Adani Energy Solutions Limited (AESL) has executed a binding securities purchase and subscription agreement (SPSA) to acquire a 100% equity stake in IntelliSmart Infrastructure Private Limited, a leading smart metering JV…
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Further Delay in Project to Manufacture Vande Bharat Sleeper Train with Russian Technology
By Arun Kumar Das
New Delhi, Jun 9: Introduction of Vande Bharat Sleeper Train using Russian technology is further delayed as the first prototype is expected to roll out in December this year, missing the earlier target of June 2026.…
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US Judge strikes down Trump’s $100,000 H1B visa fee
New Delhi, June 8: In a piece of news that may bring joy to many Indians, a Federal Judge in the United States has struck down President Donald Trump's decision to impose $100,000 fee on new H-1 visas for highly skilled foreign workers.…
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Fire on Oil Ship with Indians on board, seafarers safe
New Delhi, June 8: Amid fresh escalation in conflict in West Asia, a foreign-flagged oil tanker, with 24 Indian seafarers, today reported a fire incident on board the vessel while it was near the coast of Oman.
Initial information…
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