Global automaker Range Rover on Thursday announced the start of sales for the 2025 'Made in India' Range Rover Sport in the country. The ‘2025 Range Rover Sport’ – the first made-in-India vehicle exclusively for the country– is now available in smooth and powerful 3.0l Petrol Dynamic HSE and 3.0l Diesel Dynamic HSE variants, the … Read more
The Indian equity indices closed in red on Thursday amid weak global cues after the US Federal Reserve’s hawkish stance on rate cuts, as with moves towards maximum employment and price stability, its FOMC halved the number of rate cuts expected for 2025. Sensex closed at 79,218.05 down by 964.15 points, or 1.20 per cent, … Read more
The production-linked incentive (PLI) scheme for automobile and auto components industry has achieved Rs 20,715 crore investment and Rs 10,472 crore incremental sales have been achieved (as of September), with the first incentive disbursement planned for FY2024-25, the government said on Thursday. According to the Ministry of Heavy Industries, out of 115 applications received, 82 … Read more
Alfa Transformers is currently trading at upper limit of Rs. 122.25, up by 5.80 points or 4.98% from its previous closing of Rs. 116.45 on the BSE. The scrip opened at Rs. 115.35 and has touched a high and low of Rs. 122.25 and Rs. 114.00 respectively. So far 43569 shares were traded on the … Read more
Zydus Lifesciences is currently trading at Rs. 987.20, up by 8.10 points or 0.83% from its previous closing of Rs. 979.10 on the BSE. The scrip opened at Rs. 969.00 and has touched a high and low of Rs. 988.70 and Rs. 965.90 respectively. So far 14140 shares were traded on the counter. The BSE … Read more
Bharti Airtel is currently trading at Rs. 1604.30, up by 2.85 points or 0.18% from its previous closing of Rs. 1601.45 on the BSE. The scrip opened at Rs. 1580.05 and has touched a high and low of Rs. 1609.70 and Rs. 1580.05 respectively. So far 129982 shares were traded on the counter. The BSE … Read more
Private equity (PE) investments in the Indian real estate sector reached $4.2 billion in 2024, marking a 32 per cent year-on-year (YoY) growth amid high demand in the warehousing segment, according to a report on Thursday. Knight Frank India, an international property consultancy firm, said in a report that the warehousing sector is leading the … Read more
India’s tech startup ecosystem garnered $11.3 billion in funding in 2024, a 6 per cent increase from $10.7 billion in 2023, according to a report on Thursday. In the second half (H2) of 2024, the tech startups received $5.32 billion across 540 funding rounds, a growth of 8 per cent from H2 2023 where $4.92 … Read more
Data released by the Central Board of Direct Taxes (CBDT) has showed net direct tax collection grew 16.45 per cent year-on-year to over Rs 15.82 lakh crore till December 17 this fiscal, buoyed by higher advance tax mop-up. Advance tax collection during the period rose 21 per cent to Rs 7.56 lakh crore. The collection … Read more
India's energy storage capacity is expected to shoot up 12-fold to around 60 GW by 2031-32 which would play a key role in stabilising the power grid as the country transitions to renewable energy, according to an SBI Research report. The country's energy storage landscape is evolving rapidly, with the proportion of renewable energy (RE) … Read more