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  1. Defense production to reach record high of around Rs 1.27 lakh crore in 2023-24: MoD

    Defense production to reach record high of around Rs 1.27 lakh crore in 2023-24: MoD

    New Delhi: India's annual defense output hit a record high of about Rs 1.27 lakh crore in 2023-24, with the Make in India program crossing new milestones, Defense Minister Rajnath Singh said on Friday.The value of defense production in fiscal year 2022-23 was Rs 1,08,684 crore, he added.In a...
  2. Government is committed to developing India as a leading global defense manufacturing hub: Rajnath Singh

    Government is committed to developing India as a leading global defense manufacturing hub: Rajnath Singh

    The Union Minister's statement came as the Ministry of Defense achieved the highest ever growth in local defense production in terms of value during the financial year (FY) 2023-24, thanks to successful implementation of policies and initiatives of the government. , led by Prime Minister...
  3. Raymond shares hit 52-week high; Rally of more than 17 percent

    Raymond shares hit 52-week high; Rally of more than 17 percent

    NEW DELHI: Shares of Raymond rose over 17 per cent on Friday after the textile major said it will demerge its real estate business to unlock value for shareholders and tap the growth potential in the Indian property market.The company's shares rose 17.30 percent to Rs 3,450.95 on BSE.Shares...
  4. Rajnath Singh says India's defense manufacturing to grow by 16.8 percent in FY 2024

    Rajnath Singh says India's defense manufacturing to grow by 16.8 percent in FY 2024

    In New Delhi [India], Defense Minister Rajnath Singh announced on Friday that India's defense manufacturing sector has seen an increase of 16.8 percent in fiscal year 2023-24. This significant increase marks the highest ever recorded growth in the value of the country's defense production...
  5. India to record highest ever growth in value of defense production in 2023-24: Rajnath

    India to record highest ever growth in value of defense production in 2023-24: Rajnath

    New Delhi, Defense Minister Rajnath Singh on Friday said the country has recorded the highest ever growth in the value of defense production in 2023-24 and the Make in India program is crossing new milestones.He also said that the government is committed to creating a more conducive...
  6. Cross-border terrorism needs a decisive response, harboring terrorists should be strongly condemned: PM Modi

    Cross-border terrorism needs a decisive response, harboring terrorists should be strongly condemned: PM Modi

    Astana [Kazakhstan], Noting that terrorism in any form cannot be justified and continues to be used by nations as a tool of destabilization, Prime Minister Narendra Modi on Thursday said that cross-border terrorism requires a decisive response and that terrorist financing must be countered...
  7. Case twisted: My land is worth Rs 62 crore, let the government return the money, we don't want sites: Karnataka Chief Minister

    Case twisted: My land is worth Rs 62 crore, let the government return the money, we don't want sites: Karnataka Chief Minister

    Speaking to reporters at Vidhana Soudha, CM Siddaramaiah said that BJP lacks issues and works at the behest of RSS.“Should we not raise the question whether plots have been created and distributed on our 3.16 acres of land? In such a situation, the value of our land is Rs 62 crore, they should...
  8. Raymond to spin off real estate business; List Realty Vertical on Exchanges

    Raymond to spin off real estate business; List Realty Vertical on Exchanges

    New Delhi: Textile major Raymond Ltd on Thursday said it will demerge real estate business to unlock value for shareholders and tap growth potential in the Indian real estate market.In a regulatory filing, the company reported that its board of directors approved the plan of arrangement of...
  9. Mahindra Lifespaces expects revenue of Rs 2050 crore from 2 new projects

    Mahindra Lifespaces expects revenue of Rs 2050 crore from 2 new projects

    New Delhi: Realty firm Mahindra Lifespaces Developers Ltd on Thursday said it has acquired land in Bengaluru and a redevelopment project in Mumbai with a combined revenue potential of Rs 2,050 crore.In a regulatory filing, the company informed about the "closure of two deals worth Rs 2,050...
  10. India and Australia focus on closer cooperation in Indo-Pacific

    India and Australia focus on closer cooperation in Indo-Pacific

    "We greatly value the India-Australia Comprehensive Strategic Partnership," Defense Minister Rajnath Singh said after a telephone conversation with Australian Deputy Prime Minister Richard Marles, who also holds the Defense portfolio.Australia considers India a top-tier security partner in its...
  11. Halfpay.com: Redefining E-Commerce with Unbeatable Discounts and AI Innovation

    Halfpay.com: Redefining E-Commerce with Unbeatable Discounts and AI Innovation

    In the ever-evolving landscape of e-commerce, one platform stands out for offering unparalleled value to its customers: HalfPe.com. This innovative discount shopping app has redefined the online shopping experience, offering discounts ranging from 50% to an astonishing 90% off. These deep...
  12. Suzuki Motor launches Rs 340 crore fund 'Next Bharat' to support social impact startups

    Suzuki Motor launches Rs 340 crore fund 'Next Bharat' to support social impact startups

    In New Delhi, Japanese automobile company Suzuki Motor on Thursday launched its first investment fund in India, Next Bharat Ventures, a Rs 340 crore fund dedicated to nurturing impact entrepreneurs who create value in Tier II and below geographies.This Suzuki initiative aims to support social...
  13. Silver Consumer Electricals Pvt Ltd set for rapid growth, enterprise value at Rs 3,600 crore

    Silver Consumer Electricals Pvt Ltd set for rapid growth, enterprise value at Rs 3,600 crore

    PNNAhmedabad (Gujarat) [India], July 4: Silver Consumer Electricals Private Limited, a model of innovation and excellence in the consumer electricity industry, embarks on a new chapter of success and expansion. Under the dynamic leadership of Vinit Bediya, CEO, Silver has achieved remarkable...
  14. Silver Consumer Electricals Pvt Ltd set for rapid growth, enterprise value at Rs 3,600 crore

    Silver Consumer Electricals Pvt Ltd set for rapid growth, enterprise value at Rs 3,600 crore

    Ahmedabad (Gujarat) [India], July 4: Silver Consumer Electricals Private Limited, a model of innovation and excellence in the consumer electricity industry, embarks on a new chapter of success and expansion. Under the dynamic leadership of Vinit Bediya, CEO, Silver has achieved remarkable...
  15. RBI proposes to rationalize rules on export, import transactions to help traders: Exporters

    RBI proposes to rationalize rules on export, import transactions to help traders: Exporters

    New Delhi, RBI's proposal to streamline regulations covering export and import transactions would simplify and streamline processes for the trading community, say exporters.They said this is an "excellent effort" by the central bank as the July 2 draft operational guidelines for export and...
  16. SEBI reduces face value of debt securities to Rs 10,000 to encourage retail participation

    SEBI reduces face value of debt securities to Rs 10,000 to encourage retail participation

    New Delhi: Market regulator Sebi on Wednesday reduced the face value of debt securities to Rs 10,000 from the current Rs 1 lakh to encourage participation of retail investors in the corporate bond market.Market participants believe that lower ticket sizes of debt securities may encourage more...
  17. ADNOC Drilling awarded US$733 million contract for three newbuild island rigs

    ADNOC Drilling awarded US$733 million contract for three newbuild island rigs

    Dubai [UAE], ADNOC Drilling Company today confirmed the award of a contract with a total estimated value of $733 million by ADNOC Offshore for three island drilling platforms in support of growing operations in the Zakum offshore field.Abdulrahman Abdulla Al Seiari, CEO of ADNOC Drilling...
  18. Embay Laboratories Limited IPO to open on July 04, 2024

    Embay Laboratories Limited IPO to open on July 04, 2024

    PNNMumbai (Maharashtra) [India], July 3: Ambey Laboratories Limited, an agrochemicals manufacturer, has announced its plan to go public with an Initial Public Offering on July 3, 2024 (for Anchor Investor) and July 2024 (for other than Anchor Investor). The company aims to raise Rs 44.67 crore...
  19. Godrej Properties achieves Rs 3,150 crore sale in Bengaluru project

    Godrej Properties achieves Rs 3,150 crore sale in Bengaluru project

    Mumbai (Maharashtra) [India], Achieving a major milestone, Godrej Properties Ltd has sold over 2,000 houses worth over Rs 3,150 crore in its project, Godrej Woodscapes, located at Whitefield-Budigere Cross, Bengaluru.The company said the project is the most successful launch both in terms of...
  20. High tariffs weaken industry, nullify PLI effect; ICEA calls for tariff rationalization in the budget

    High tariffs weaken industry, nullify PLI effect; ICEA calls for tariff rationalization in the budget

    The Cellular and Electronics Association (ICEA) in New Delhi, India, has advocated reducing tariffs on inputs for smartphone components in the upcoming budget to be released later this month.The Indian Cellular and Electronics Association (ICEA) said higher input tariffs perpetrate import...
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