Coal India has announced a uniform levy of ₹300 per tonne across all mines operated by its subsidiary, Northern Coalfields Ltd (NCL). This new charge will come into effect from May 1, 2025. Board Approval and Revenue Impact The move has been approved by the CIL board and is expected to generate additional revenue of …
India is set to achieve a significant milestone in its technological advancements, with the country’s first indigenously designed semiconductor chip slated to begin production by 2025. Union Minister of Electronics and Information Technology, Mr Ashwini Vaishnaw, made this announcement at the Global Investors Summit 2025 in Bhopal, Madhya Pradesh. Madhya Pradesh’s Role in Electronics Manufacturing …
GE Power India (GEPIL) has secured an additional contract worth ₹2,735 million (₹273.5 crore), exclusive of taxes, from GREENKO KA01 IREP Private Ltd. This contract is part of an existing agreement for the Saundatti Hydro Project in Belagavi, Karnataka. In a regulatory filing, GE Power India stated, “…we would like to notify that there has …
Granules India announced on Thursday (February 27) that the United States Food and Drug Administration (US FDA) has issued a Warning Letter for its Gagillapur facility following an inspection conducted in August 2024. The company stated in a regulatory filing that the classification of “Official Action Indicated” (OAI) remains, but the regulator has not signalled …
On February 28, 2025, BSE Sensex closed 1.90% lower at 73,198.10, while Nifty50 fell 1.86% to 22,124.70. Amidst the market volatility, stocks like Wockhardt Ltd, Websol Energy System and E2E Networks hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Upper Circuit on February 28, 2025 Symbol LTP …
On February 28, 2025, the BSE Sensex was down by 1.90%, closing at 73,198.10, while the Nifty50 was down by 1.86% at 22,124.70. Among sectors, Nifty IT and Nifty Auto declined by over 3.5% each. Top Gainers of the Day Symbol LTP (₹) Change(%) SHRIRAMFIN 619 2.01 HDFCBANK 1,730.15 1.73 COALINDIA 368.5 1.28 TRENT 4,838.65 …
India’s footwear industry is experiencing steady growth, driven by rising consumer demand, increasing disposable income, and expanding retail networks. As the market shifts towards premium and branded footwear, companies are expanding their presence, creating exciting investment opportunities. The Union Budget 2025-26 introduced a new Focus Product Scheme, aimed at enhancing productivity, quality, and competitiveness in …
India’s telecom industry is witnessing increasing competition as Airtel has rolled out budget-friendly recharge plans that directly compete with Reliance Jio. These new plans cater to various user requirements, including daily data consumption, voice calling, and even 5G connectivity. Here’s a breakdown of Airtel’s latest offerings and how they stack up. ₹299 Plan: A Daily …
The Karnataka Labour Department has absolved Infosys of any wrongdoing concerning the exit of trainees, stating that the layoffs do not fall under labour law purview. The clean chit was issued based on documentary evidence collected during the department’s inquiry. A senior labour department official confirmed that a final report might be submitted to the …
The real estate sector is one of the most prominent industries worldwide, encompassing four key sub-sectors: housing, retail, hospitality, and commercial. In India, it stands as the second-largest employment generator, following agriculture. The sector is projected to grow to US$ 5.8 trillion by 2047, with its contribution to GDP increasing from the current 7.3% to …
