Business

Bengaluru: Japanese two-wheeler maker Honda Motorcycle & Scooter Wednesday unveiled two electric scooters, 'ACTIVA e:' and 'QC1' in Bengaluru, marking the company's entry in the fast-growing domestic electric two-wheeler market. Bookings for the latest offerings will commence from January 1 next year while the deliveries...

New Delhi: The Ministry of Coal Wednesday announced that it has successfully auctioned nine mines, including two in Odisha, as part of the 10th round of commercial coal mine auctions. These mines are expected to generate an annual revenue of around Rs 1,446 crore (excluding...

New Delhi: The Enforcement Directorate Wednesday conducted searches at multiple locations in Delhi and adjoining areas as part of an alleged bank loan fraud linked money laundering probe against former promoters of liquidated dairy major Kwality Ltd, official sources said. About a dozen places are...

New Delhi: The Congress Wednesday dismissed the remarks of lawyers Mahesh Jethmalani and Mukul Rohatgi on the bribery allegations against billionaire Gautam Adani as an attempt to dilute the seriousness of the charges and said the "Modani ecosystem" is attempting damage control through denial. Congress...

New Delhi: Embattled billionaire Gautam Adani and his aides have not been charged under the US Foreign Corrupt Practices Act, an Adani Group entity said Wednesday, adding that they faced three other charges, including securities and wire fraud that are punishable with monetary fines. The...

Mumbai: The Indian stock market opened flat Wednesday as buying was seen in the auto and IT sectors. Shares of all Adani Portfolio companies were trading in green in the morning trade. Adani Green shares were at Rs 905.80 after jumping Rs 7.25 or 0.81...

New Delhi: Union Finance Minister Nirmala Sitharaman Wednesday will move the Banking Laws (Amendment) Bill in the Lok Sabha which aims to amend the Reserve Bank of India Act, 1934, in addition to the Banking Regulation Act, among other Bills. The Banking Laws (Amendment) Bill,...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi presented a supplementary budget of Rs 12,156 crore for the current financial year 2024-25 in the state Assembly Tuesday. The government in this supplementary statement of expenditure has allocated Rs 125 crore for the organisation of Pravasi Bharatiya...

New Delhi: Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of Chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds...

Mumbai: Benchmark indices Sensex and Nifty snapped the two-day rally and closed lower Tuesday in line with weak global market trends amid concerns over tariff threats by US President-elect Donald Trump. In a volatile trade, the 30-share Sensex declined 105.79 points or 0.13 per cent...