Business news

Adani Ports to develop berth at Gujarat's Kandla Port for multi-purpose cargo

Adani Ports' cargo volume grows 8 pc in December

The total cargo volume of Adani Ports and Special Economic Zone Limited (APSEZ) grew 8 per cent (year-on-year) to 38.4 million metric tonnes (MMT) in December 2024.

Jan 3, 2025

Centre clears incentive claims for Tata Motors, M&M under PLI scheme

The Ministry of Heavy Industries has approved incentive claims of Rs 246 crore submitted by Mahindra & Mahindra (M&M) and Tata Motors under the Rs 25,938 crore PLI scheme for the automobile and auto components industry, a senior official has confirmed.

Jan 3, 2025

Indian housing sector to contribute 13 pc to national GDP by 2025: Report

The housing sector in the country is expected to contribute 13 per cent to the national GDP by 2025, reflecting its resilience and potential, according to a report on Friday.

Jan 3, 2025

Sensex trades higher on strong global cues

Indian stock market celebrates New Year with a bang, surges 1,436 points

After a muted beginning, the Indian stock market welcomed 2025 with a bang on Thursday, surging more than 1,400 points, or 1.83 per cent, as auto stocks saw a bumper rally on the back of strong car sales data for December.

Jan 2, 2025

India's textile & apparel exports clock 7 pc growth at $21.36 bn in April-October

India's overall export of textiles & apparel (including handicrafts) recorded a 7 per cent growth to $21.36 billion during April-October of FY 2024-25, compared to the corresponding figure of $20.01 billion for the same period of FY 2023-24, according to a statement issued by the Ministry of Textiles on Thursday.

Jan 2, 2025

Indian stock market set to ride on strong economic growth in 2025

Sensex soars over 1,200 points, auto and IT stocks rally

Indian stock market surged by nearly 1.6 per cent in afternoon trade on Thursday as heavy buying was seen in auto, energy, private bank, infra, commodity and IT sectors on Nifty.

Jan 2, 2025

Maharashtra's biggest industrial land parcel in Navi Mumbai sold for a song to Reliance Industries

Maharashtra's biggest industrial land parcel measuring over 5,286 acres — at a strategic location close to the Navi Mumbai Airport, JNPT and the Mumbai Trans Harbour Link project — has been sold to Reliance Industries Ltd at a valuation of mere Rs 2,200 crore.

Jan 2, 2025

Ambuja Cements-Adani merger receives no objection letter from stock exchanges

Ambuja Cements Ltd has received an observation letter with 'no objection' from the National Stock Exchange (NSE) and 'no adverse observations' from Bombay Stock Exchange (BSE) with regards to merger with Adani Cementation Ltd.

Jan 2, 2025

Sensex plunges 318 pts, Infosys and JSW Steel top losers

Indian stock market opens flat, Nifty above 23,700

The domestic benchmark indices opened flat on Thursday as selling was seen in the PSU bank, pharma, FMCG, realty, media, energy and metal sectors on Nifty.

Jan 2, 2025

M&M 11th most valuable automobile manufacturer in world: Anand Mahindra

Mahindra & Mahindra (M&M) is the 11th most valuable automobile manufacturer in the world, leaping over many competitors and erstwhile technology collaborators

Jan 1, 2025

Air India launches inflight Wi-Fi services on domestic routes

Air India first to offer inflight Wi-Fi services on domestic routes; it's FREE

Tata group-owned Air India becomes the first airline to offer inflight Wi-Fi Internet connectivity services on domestic flights, according to the airline's press release

Jan 1, 2025

Hyundai Motor India launches new car 'Hyundai AURA'

Hyundai Motor India achieves highest-ever domestic sales in 2024

Hyundai Motor India Limited (HMIL) on Wednesday said it has registered highest-ever yearly domestic sales of 6,05,433 units in 2024.

Jan 1, 2025

Indian stock market ends flat, Nifty below 24,150

Indian stock market ends on positive note on the first day of 2025

India's domestic benchmark indices closed higher on Wednesday amid muted global cues as buying was seen in auto, IT, PSU bank, financial service, pharma, FMCG, media, energy, and private bank sectors on the NSE.

Jan 1, 2025

Audi India sells 5,816 units in 2024, reaches 1 lakh milestone

German luxury carmaker Audi on Wednesday said it sold 5,816 units in India this year, along with clocking the sale of 1,927 retail units alone in the fourth quarter (Q4).

Jan 1, 2025