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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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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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Samvardhana Motherson commissions solar plant in Uttar Pradesh
Noida, June 8: Samvardhana Motherson International Limited, through its energy business company, Motherson New Energy Limited (MNEL), has commissioned its first ground-mounted captive solar power project in Uttar Pradesh.
The project has…
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Policy Bazar Co-Founders Dahiya, Bansal shed shares worth Rs 665 crore
New Delhi, June 8: Co-Founders of Policy Bazar (PB) Fintech Company Yashish Dahiya and Alok Bansal have collectively sold nearly 38 lakh shares in the firm, worth around Rs 665 crore through a block deal, according to exchange disclosures.…
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Prices of Gold, Silver fall in International Markets
New Delhi, June 8: The prices of Gold and Silver fell in international markets today, extending steep losses from last week.
Gold futures on COMEX were trading at USD 4,334.50 an ounce, down USD 30.80, or 0.71 per cent, while silver…
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Crude Oil prices rise sharply as West Asia war escalates again
New Delhi, June 8: As the war escalated again in West Asia, international crude oil prices rose sharply today as a direct reaction to the latest developments.
Brent crude rose by 3.6 per cent to USD 96.47 per barrel before paring gains.…
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Indian manufacturers got much less Govt support than China: OECD
New Delhi, June 8: China has been dominating global manufacturing because its manufacturers receive substantial support from the government, much more than in India, according to the latest report of a reputed international grouping -- …
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CBI conducts searches in connection with IDFC First Bank-AU Finance Bank fraud case
New Delhi, June 7: The Central Bureau of Investigation (CBI) has carried out searches at six premises in connection with the ongoing investigation into "a large-scale misappropriation fraud" involving IDFC First Bank/AU Finance Bank.
The…
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