New Delhi, July 25 (IANS) Jindal Steel and Power Limited (JSPL) has decided to launch an additional transparent competitive bidding process for the proposed stake sale of its subsidiary Jindal Power Limited (JPL).

Seoul, July 25 (IANS) The head of US-based vehicle importer HAAH Automotive Holdings has said the company is set to submit its letter of intent (LoI) next week to acquire the debt-ridden SsangYong Motor Co, industry sources said on Sunday.

New Delhi, July 25 (IANS) In a clear indication that the global oil market may not present an advantage to India as it provided during the pandemic-hit fiscal 2020-21, the countrys oil import bill in the first three months of current fiscal has increased close to three times to reach scales not seen in past few years.

Lucknow, July 25 (IANS) Uttar Pradesh has emerged as the largest ethanol-producing state in the country.

New Delhi, July 24 (IANS) FMCG major ITC on Saturday reported a 28.6 per cent increase in its standalone net profit for the first quarter of 2021-22 financial year.

Mumbai, July 24 (IANS) Private sector lending major ICICI Bank on Saturday reported a rise of 78 per cent in its standalone net profit for the first quarter of FY 2021-22.

New Delhi, July 24 (IANS) Niti Aayog and TRIFED (Tribal Cooperative Marketing Development Federation of India Limited) have joined hands for successful implementation of 'Van Dhan Yojana' in tribal clusters of aspirational districts of the country. The collaboration and partnership is aimed at a complete transformation of the tribal ecosystem across the country.

New Delhi, Jul. July 24 (IANS) The Central Board of Indirect Taxes and Customs (CBIC) has abolished the requirement of periodic renewal of licence and registration issued to Customs Brokers and Authorised Carriers.

New Delhi, July 24 (IANS) The DMI Finance has clarified that R.M. Garg is not related to DMIs management, nor is he the promoter the company.

New Delhi, July 24 (IANS) Pent-up demand, coupled with work-from-home provisions, will sustain the strong revenue traction of the consumer durables sector in the coming quarters.

New Delhi, July 24 (IANS) The Indian Railway Stations Development Corporation Ltd (IRSDC) has invited Requests for Qualification (RFQ) to redevelop Udaipur City Railway Station, officials said on Saturday.

Mumbai, July 24 (IANS) The expected outflow of IPO monies to foreign venture capitalists will impact rupee's position via-a-vis USD in the coming week.

New Delhi, July 24 (IANS) The Supreme Court has said that the telecom companies' plea seeking 'rectification' of defects in computation of adjusted gross revenue (AGR) would lead to recalculation of the amount in AGR dues, which has already been rejected by the top court last year.

New Delhi, July 24 (IANS) Budget airline Go First, formerly known as GoAir, has operated the first ever night flight from Jammu to Delhi.

New Delhi, July 24 (IANS) Jio's gross subscriber additions, though down 14 per cent QoQ, were still healthy at 26.7 million due to continued traction on new JioPhone offer, foreign brokerage, Jefferies said in a report.

Mumbai, July 24 (IANS) India's key equity indices are expected to maintain caution on the back of rising Covid cases globally as well as the rate decision of the US Fed during the upcoming week.

New Delhi, July 24 (IANS) "I am supremely hopeful and confident about the Rise of New India. I can see that the spirit of India is more resurgent than ever before", Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) wrote in Times of India.

New Delhi, July 24 (IANS) Robust demand recovery amid gradual supply increase is expected to push base metal prices higher on a year-on-year basis in 2021.

New Delhi, July 24 (IANS) Improving demand along with stable competitive intensity, and peak capex is expected to trigger linear growth for the Indian Tyre industry.

New Delhi, July 24 (IANS) International air travel should be opened up for at least fully vaccinated air passengers, global airlines' association IATA told IANS.

New Delhi, July 24 (IANS) Oil marketing companies (OMC) continued to pause fuel price revision for seven consecutive days, the longest period in weeks, as the global development on oil production and rising US inventories softened crude and product rates.

Jammu, July 24 (IANS) In a historic move Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday inaugurated the night flight operations at the Jammu Airport.

Mumbai, July 23 (IANS) India's foreign exchange reserves rose by $835 million during the week ended July 16.

Mumbai, July 23 (IANS) The Reserve Bank of India (RBI) has raised the limit of loan that can be given by banks to a Director on the board of a bank to Rs 5 crore from the previous cap of Rs 25 lakh.

New Delhi, July 23 (IANS) The Indian Railways on Friday said that it has opened bids for operating 29 pairs of trains in public-private partnership (PPP) with around 40 modern rakes entailing an investment of Rs 7,200 crore.