MUMBAI: Citibank has expressed disappointment with the lack of “big bang” reforms in the BJP manifesto. However, they remain hopeful that these reforms can be introduced later on. In a research report, Citibank said that it could be a bit of a “let-down” that the structural reforms of land, labour, agriculture, privatisation, and opening up…
NEW DELHI: It’s not just billions of dollars that Apple is churning out in India through production at factories, but the world’s most valuable electronics maker is also talking green. The company, which is likely to ring in $14 billion in India production this year, has decided to go green in India business, through renewable…
NEW DELHI: Flights to and from Dubai — the biggest aviation hub for Indian globetrotters outside the country — are badly impacted with the UAE receiving its heaviest rainfall in last 75 years since late Monday. India has about 75 flights per day to Dubai that are operated by its and UAE carriers, say travel…
AHMEDABAD: Adani Family, the promoters of Ambuja Cements Limited, on Wednesday announced that it will infuse an additional Rs 8,339 crore into Ambuja Cements Limited, by fully subscribing to the warrants programme in the company. This will take the promoter’s total infusion of Adani Family to Rs 20,000 crore into Ambuja Cements, the cement and…
Vande Bharat style home-built bullet train soon! India has initiated the development of an indigenous bullet train capable of surpassing speeds of 250 kilometres per hour (kmph), according to a senior government official. This train is expected to outpace all existing trains currently operating on the Indian Railways network.An official told ET, “It is being…
RBI on Tuesday asked online payment firms to monitor transactions-related activities of merchants on their platforms and ensure that they meet its fresh guidelines, in a series of moves aimed at tightening the scrutiny of the sector.India’s burgeoning yet relatively less-regulated online payments industry has come under RBI’s cross-hairs given the lax oversight of some…
Srinivas Pallia, a long-time employee of Wipro, sold all his shares in the company worth Rs 5 crore just a month and a half before being appointed as the new CEO of the IT giant. The transaction, which took place on February 14, was reported to the exchange the following day. Pallia disposed of his…
Tracking mobile frauds: India plans to take strict actions against online and phone frauds. The approach will be comprehensive and multi-pronged, encompassing government and private telecom companies. According to an ET report, the government is committed to tackling this issue effectively and a crackdown is imminent. Senior government officials have confirmed that the Calling Name…
Ram Navami stock market holiday: Stock market holidays in April will see the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) closed on two separate occasions. Indian stock exchanges are scheduled to be closed for trading on April 17, Wednesday, for Ramnavami. In addition to this, the market was also closed for Eid-Ul-Fitr…
April 2024 bank holidays: Banks in several states across India will be closed on April 17, Wednesday, in observance of Ram Navami, a Hindu festival celebrating the birth of Lord Rama. According to the Reserve Bank of India’s holiday list, banks in states such as Gujarat, Maharashtra, Madhya Pradesh, Orissa, and others will be closed…
