AUTOMOBILE
Tata Motors cuts prices of Tiago, Punch, Nexon EVs by up to Rs 3 lakh
The automobile firm has reduced the price of Tata Tiago by Rs 40,000, Tata Punch by up to Rs 1.2 lakh and Tata Nexon by up to Rs 3 lakh, according to reports.
INDIA
Relief for Sebi, NSE, BSE as SC sets aside Bombay HC order of Rs 80 lakh fine to Mehtas: Report
The top court, led by chief justice DY Chandrachud, said the high court ‘erred’ in passing a final judgement as the case was still reserve for interim relief, the newspaper said.
BUSINESS
Madhabi Puri Buch's IIM-Ahmedabad batchmates call allegations against her 'false'
Buch's batchmates have dismissed the allegations against her as 'baseless'
BUSINESS
Apple supplier Jabil plans Rs 2,000-cr electronics manufacturing plant in Trichy
The supplier to Apple, Cisco and HP inked a memorandum of understanding (MoU) with the firm's officials on September 10 in the presence of chief minister M K Stalin, who is currently on a tour of the US
BUSINESS
IMEC to help cut India's reliance on some trade routes, boost maritime security, says Goyal
The minister also called for a working group on tourism to boost tourism, identifying Make-in-India initiatives, digitisation and tourism as key drivers of growth for India
BUSINESS
Consumers opting for EVs, no longer need to be subsidised, says Nitin Gadkari
Gadkari said that the Central government needs to find a solution to India's huge fossil fuel imports, but clarified that it won't lead to taxes on petrol and diesel cars.
BUSINESS
GST tax rate at 12.2%, much below revenue neutral rate, says FM Sitharaman
The minister also said the government wants to increase its revenue collection but not before easing the compliance burden of taxpayers
INDIA
Growth in private consumption shows pick up in rural demand: RBI Governor Das
Das pointed out that, according to data, fundamental growth drivers of the economy are gaining momentum. "This gives us confidence to say that Indian growth story remains intact."
INDIA
Steel industry reminds us of 'Iron Man', but even superheroes endure tough times: Piyush Goyal
The minister asked the industry what can be done to curb 'irrational' imports and said that DGTR has initiated an inquiry into the rise in imports from Vietnam.
COMPANIES
Britannia eyes acquisition of Assam's Kishlay Foods to boost Northeast presence
The process is at the stage of due diligence and the deal values Kishlay Foods between Rs 600 and Rs 700 crore
BUSINESS
Large banks need to develop skill sets to assess emerging industries, says SBI chief CS Shetty
'Large banks are expected to play a big role in infrastructure financing. We find that despite our expertise the skillset required to identify the emerging areas are still lacking,' Shetty has said
BUSINESS
Zepto co-founder Kaivalya Vohra tops Hurun India Richlist
The 2003-born entrepreneur made his debut for the first time on the IIFL Wealth Hurun India Rich 2022 at the age of 19
COMPANIES
Moneycontrol transforming into advanced fintech player, says RIL's Mukesh Ambani
Significantly, the online website's premium service MC Pro has more than 850,000 paid subscribers, he said. “This makes it a top-10 subscription site globally and the largest in India.”
COMPANIES
RIL to start solar photovoltaic modules production by 2024-end: Chairman Ambani
RIL chief said the company has significantly enhanced R&D capabilities by establishing a state-of-the-art prototyping, testing, and validation lab in India, and expanding Advanced Solar Technology Lab in Singapore
COMPANIES
Jio users to get 100 GB of free cloud storage starting Diwali, says RIL chairman Ambani
The Jio AI-Cloud Welcome offer will be starting from Diwali this year, "bringing a powerful and affordable solution where cloud data storage and data-powered AI services are available to everyone everywhere," Ambani said.
COMPANIES
Tanishq, De Beers Group partner to tap India's growing ‘natural’ diamonds market
With a growing economy and a rising middle class segment, demand for ‘natural’ or mined diamond jewellery from Indian consumers has surged in recent times to 11 percent of global demand, Tata group firm said in the filing
COMPANIES
Indus Towers stock rises as firm becomes Bharti Airtel's subsidiary after share buyback
Bharti Airtel’s 48.95 percent stake in Indus Towers stake will cross 50 percent after the share buyback
BUSINESS
GRM Overseas acquires 44% stake in Virat Kohli-backed Rage Coffee's parent firm
GRM Overseas, an exporter of basmati rice, acquired the stake through a combination of primary infusion and secondary buyouts, as it expands into the fast-growing Indian coffee market
POLITICS
NEET UG controversy: 'Even if there is 0.001% negligence, it should be dealt with,' SC says
The court noted that it expects a swift action from the NTA and the government over all the allegations in the NEET UG examinations.
